4-74 48th Avenue · #29H

THE APARTMENT: Move right into this light-filled, 863 sq ft Junior 4 corner unit on the 29th floor at Citylights. South-East double exposures flood 29H with morning sunlight and panoramic views of the East River and Manhattan skyline. Features include Somerset hardwood flooring, a renovated bathroom with a thermostatic shower, and motorized Hunter Douglas shades. The layout features an open kitchen with a quartz breakfast bar, a king-sized bedroom, and a distinct dining alcove that legally converts into a 2nd bedroom. THE INVESTMENT & STRUCTURE: CONDO RULES & UNMATCHED VALUE If you have your heart set to purchase a unit on the waterfront, there is only one other building on the riverfront curve. Several nearby condos, including those without a river or skyline view, typically command up to 40% higher prices per square foot. Buyers have to spend $1,200,000+ for similar space. Alternatively, they compromise greatly on the size of the apartment. By contrast 29H offers an intelligent alternative. Whether you purchase with cash or obtain a mortgage, you could keep substantial wealth ($400,000+) working for you elsewhere, entirely bypassing the massive monthly mortgage costs associated with higher-priced buildings. - THE TRUTH ABOUT THE CONDOP STRUCTURE: Citylights is a premier, inclusive community that is welcoming to all, operating with investor-friendly, condo-like rules. It bypasses traditional co-op anxieties by requiring NO BOARD INTERVIEW. It permits subletting, pied-a-terre, parents buying for children, co-purchasing, and guarantors—offering the exact flexibility of a condo at a significantly more accessible price point. - THE MAINTENANCE BREAKDOWN & TAX DEDUCTIBILITY: The monthly carrying cost is $2,366. But look what that covers! In addition to the amenities listed below, this all-inclusive package covers property taxes, heating gas, and hot water. This package also subsidizes the parking cost and the free gym classes. Crucially, a major portion of this monthly maintenance is directly tax-deductible, significantly lowering your net effective monthly costs. Keep in mind that while nearby newer developments face expiring tax abatements that will cause their monthly costs to rise in the near future, Citylights offers established, predictable financial stability. AMENITIES Outstanding building amenities feature a 24-hour doorman and concierge, live-in building manager, and a fully staffed fitness center featuring FREE DAILY FITNESS CLASSES. Residents enjoy a tennis court, a sauna, a children's playroom, a bike room, and a beautifully landscaped roof deck with front-row skyline views. On-site garage parking is available to residents for a very low $149/month. The garage is equipped with EV charging. THE NEIGHBORHOOD: MANHATTAN’S CLOSEST NEIGHBOR Long Island City is a top destination celebrated for its clean, peaceful environment and exceptional quality of life, serving as an exclusive retreat just moments from Midtown. A highly rated public school (age 3 to grade 1) is on the ground floor; grades 2-8 are a tree-lined two-block walk away. Within a single block, you have immediate access to two major pharmacies, three well-stocked supermarkets, and excellent local dining, including the Michelin-starred Casa Enrique. Steps from your door, Gantry Plaza State Park and Hunters Point South Park serve as a stunning backyard complete with a public library, scenic piers, playgrounds, dedicated dog runs, state-of-the-art sports fields, and community festivals. The neighborhood is also a thriving cultural hub, anchored by the nearby Culture Lab LIC gallery and performance space. TRANSPORTATION A 5-minute walk to the 7 train (under 5 mins and 1 stop to Grand Central) , to NYC Ferry (to Wall St./Brooklyn/Upper East Side) or to LIR. OPEN HOUSE: Sunday, June 14, 12 PM to 1:30 PM. By appointment only. FOR SALE BY OWNER (FSBO). Co-broking welcome; 2% commission offered to buyer's agent.

1. listedJun 3, 2026

   $785K+20.8%
   Listed by Owner
2. soldJan 4, 2022

   $650K+1.6%
   Sold by Compass
3. closingDec 28, 2021

   $640K-1.5%
   Closing record
4. in contractAug 16, 2021

   $650K0.0%
   In contract
5. price decreaseJul 8, 2021

   $650K-10.3%
   Price decreased 10%
6. listedJun 10, 2021

   $725K+2.8%
   Listed by Compass
7. soldMay 20, 2015

   $705K0.0%
   Sold by R New York
8. in contractMar 13, 2015

   $705K0.0%
   In contract
9. price decreaseFeb 9, 2015

   $705K-6.6%
   Price decreased 7%
10. listedNov 5, 2014

    $755K+46.6%
    Listed by R New York
11. soldJun 26, 2013

    $515K0.0%
    Sold by Bond New York
12. closingMay 30, 2013

    $515K0.0%
    Closing record
13. in contractApr 22, 2013

    $515K0.0%
    In contract
14. listedApr 11, 2013

    $515K0.0%
    Listed by Bond New York
15. no longer availableMar 14, 2013

    $515K0.0%
    No longer available
16. listedFeb 27, 2013

    $515K+22.9%
    Listed by Bond New York
17. closingApr 24, 2007

    $419K+2.2%
    Closing record
18. closingFeb 7, 2006

    $410K
    Closing record