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509 48th Ave in Long Island City offers a strong mix of practical advantages and appealing features, with convenient access to neighborhood amenities, transit, and nearby city conveniences. It also stands out for its distinctive characteristics and overall livability, making it a compelling option for a range of buyers or renters.
Things you’ll love
Great for
Apartment Amenities
| Hardwood Floor | Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Elevator | Fitness Center |
Grounds
| Garage Parking | Outdoor Space |
| Storage |
Services
| Door Attendant |
One-time.
One-time. Refundable.
| Lease terms | 12+ months |
|---|
ZMP105274146 - Welcome to 5SL #7FBathed in natural light from dawn until dusk, this sophisticated double-exposure residence offers a rare combination of refined interiors and a private outdoor sanctuary. The homes layout maximizes its eastern and western exposures, ensuring the two additional bedrooms are flooded with morning light while the main living areas remain bright and airy all day long. The chefs kitchen is outfitted for the serious cook, featuring a brand-new Summit refrigerator, a Bosch range, dishwasher, and microwave, complemented by dark wood cabinetry and a garbage disposal. Cleverly integrated, hidden storage in the living room maintains a sleek aesthetic, while a full-sized LG washer and dryer, designer lighting sconces, and custom shelving throughout ensure every modern convenience is met. The standout feature of this home is the massive 1,074-square-foot private terrace, providing a level of outdoor space that is truly a rarity in Long Island City. Accessible directly from the primary suite and living space, this expansive retreat comes complete with its own BBQ grill, offering a perfect setting for large-scale entertaining, alfresco dining, or peaceful relaxation under the sun. It transforms the apartment into a true indoor-outdoor haven, effectively doubling your usable living space. The primary suite itself comfortably accommodates a king-sized bed and is further enhanced by a massive walk-in closet and a second custom-built closet, both featuring premium Elfa shelving. The renovated ensuite bathroom feels like a personal spa, boasting a limestone double vanity and a custom-tiled steam shower with a built-in bench. Positioned in the highly sought-after 5SL building, residents enjoy the luxury of a 24-hour doorman and a prime location that is truly unbeatable. You are just one block from the East River and the sprawling waterfront park, offering immediate access to playgrounds, green spaces, and two ferry stops for quick commutes to Brooklyn and Manhattan. For subway access, the 7 train is only two blocks away, placing you just one stop from Grand Central and the heart of Midtown.Fees:$20 - Rello Fee (Per Applicant/Guarantor)$600 - Application Fee$150 - Consumer Credit Report Fee (Per Applicant/Guarantor)$100 - Move-In FeeDigital Submission Fee: $80Reach out today to experience this light-filled gem in person!
How 509 48th Ave, Long Island City, NY 11101, USA compares to other nearby properties.
Positives
Considerations
| Neighborhood | Long Island City |
|---|---|
| Zip code | 11101 |
| Type | Apartment for rent |
3-bedroom apartments at 509 48th Ave cost about 8% more than the average rent price for 3-bedroom apartments in New York.
| Month | Median Rent |
|---|---|
| September 2024 | $5,897 |
| October 2024 | $6,036 |
| November 2024 | $5,750 |
| December 2024 | $5,355 |
| January 2025 | $5,698 |
| February 2025 | $5,545 |
| March 2025 | $5,779 |
| April 2025 | $6,141 |
| May 2025 | $5,596 |
| June 2025 | $5,821 |
| July 2025 | $5,664 |
| August 2025 | $6,092 |
| September 2025 | $6,235 |
| October 2025 | $5,984 |
| November 2025 | $5,805 |
| December 2025 | $5,737 |
| January 2026 | $5,610 |
| February 2026 | $5,605 |
| March 2026 | $5,758 |
| April 2026 | $5,907 |
| May 2026 | $5,920 |
| June 2026 | $6,075 |
| July 2026 | $5,930 |
| August 2026 | $5,778 |
| September 2026 | $5,778 |
| Month | Median Rent |
|---|---|
| September 2024 | $7,371 |
| October 2024 | $6,340 |
| November 2024 | $5,937 |
| December 2024 | $6,020 |
| January 2025 | $6,194 |
| February 2025 | $6,072 |
| March 2025 | $6,261 |
| April 2025 | $6,666 |
| May 2025 | $6,063 |
| June 2025 | $6,372 |
| July 2025 | $6,682 |
| August 2025 | $6,842 |
| September 2025 | $6,507 |
| October 2025 | $6,364 |
| November 2025 | $6,284 |
| December 2025 | $5,949 |
| January 2026 | $5,762 |
| February 2026 | $5,907 |
| March 2026 | $6,272 |
| April 2026 | $5,948 |
| May 2026 | $6,316 |
| June 2026 | $6,282 |
| July 2026 | $6,935 |
| August 2026 | $7,587 |
| September 2026 | $7,855 |
Can I afford to live at 509 48th Ave?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$340,000/yr
| Bath | |||||
|---|---|---|---|---|---|
| This month | $8,500 | 3 bed | 2 bath | ||
| Last month | $3,250 | Studio | 1 bath | ||
| 3 months ago | $4,300 | 2 bed | 1 bath | ||
| 4 months ago | $5,600 | 3 bed | 2 bath | ||
| 9 months ago | $4,000 | 2 bed | 1 bath | ||
| 9 months ago | $5,600 | 3 bed | 2 bath | ||
| 10 months ago | $3,300 | 1 bed | 1 bath | ||
| 10 months ago | $5,600 | 3 bed | 2 bath | ||
| 10 months ago | $5,695 | 3 bed | 2 bath |
48-09 center blvd
long island city, NY, 11109
1-35 57th ave
long island city, NY, 11101
345 e 15th st
new york, NY, 10003
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new york, NY, 10019
Long Island City | New York, NY
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1 Bed
1 Bath
$3,300
Hardwood Floor • High Ceilings • Balcony • In-Unit Laundry • On-Site Laundry • Dishwasher
Occupied
1 Bed
1 Bath
$3,300
Hardwood Floor • Dishwasher
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2 Beds
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2 Beds
1 Bath
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Hardwood Floor • High Ceilings • Balcony • In-Unit Laundry • On-Site Laundry • Dishwasher
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2 Baths
$5,695
Hardwood Floor • Dishwasher • In-Unit Laundry • Microwave
Occupied
1 Bed
1 Bath
$1,500
Air Conditioning • Dishwasher • In-Unit Laundry • Fireplace
Occupied
2 Beds
2 Baths
$6,995
Fireplace • Dishwasher • In-Unit Laundry • Outdoor Space
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