5-09 48th Ave
New York City, NY 11101
2 bd 2 ba 1,086 sqft Built 2008 condos
Most recent sale
$1,599,000
Jul 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 28, 2022 | Sold | $1,499,000 | Public Record |
| Jul 13, 2022 | Sold | $1,599,000 | MLS #OLRS-420228 |
| Apr 6, 2022 | Price changed | $1,599,000 | MLS #OLRS-420228 |
| Mar 4, 2022 | Listed | $1,650,000 | MLS #993789559272738745 |
| Mar 3, 2022 | Listed | $1,650,000 | MLS #OLRS-420228 |
| Jul 29, 2015 | Sold | $1,375,000 | Public Record |
| Feb 19, 2009 | Sold | $897,068 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $81,825 | $10,949 | $92,774 | $8,389 |
| 2024 | $81,825 | $10,949 | $92,774 | $9,776 |
| 2023 | $73,006 | $10,949 | $83,955 | $7,616 |
| 2022 | $62,404 | $10,949 | $73,353 | $5,803 |
| 2021 | $56,394 | $10,949 | $67,343 | $3,934 |
| 2020 | $11,259 | $1,706 | $12,965 | $370 |
| 2019 | $11,008 | $1,706 | $12,714 | $140 |
| 2018 | $10,237 | $1,706 | $11,943 | $140 |
| 2017 | $10,214 | $1,706 | $11,920 | $140 |
| 2016 | $9,939 | $1,707 | $11,646 | $141 |
| 2015 | $9,820 | $1,706 | $11,526 | $142 |
| 2014 | $9,481 | $1,706 | $11,187 | $142 |
| 2013 | $9,481 | $1,706 | $11,187 | $103 |
| 2012 | $47,562 | $12,880 | $60,442 | $1,142 |
| 2011 | $9,897 | $2,008 | $11,905 | $137 |
| 2010 | $12,525 | $2,247 | $14,772 | $138 |
| 2009 | $13,193 | $1,947 | $15,140 | $138 |
| 2008 | $13,181 | $2,008 | $15,189 | $133 |
Property facts
Year built
2008
Property type
condos
Stories
8
Beds
2
Baths
2
Living area
1,086 sqft
Lot size
—
ZIP code
11101
City
New York City
Street
48th Ave
Coordinates
40.74471, -73.95524
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$9,594
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5-09 48th Ave last sell?
5-09 48th Ave most recently sold on Jul 13, 2022 for $1,599,000.
What is the current tax assessment for 5-09 48th Ave?
The most recent total assessment for 5-09 48th Ave (year 2025) is $92,774 with $8,389 in property tax.
How does 5-09 48th Ave's assessment compare to its last sale price?
The current assessment is 94.2% below the last sale price of $1,599,000.
When was 5-09 48th Ave built?
5-09 48th Ave was built in 2008.
How does 5-09 48th Ave compare to others on 48th Ave?
We track 8 other properties on 48th Ave. Browse the list under "Other properties on 48th Ave" to compare beds, baths, and sale history.
What are the property facts for 5-09 48th Ave?
5-09 48th Ave is a 2 bed, 2 bath, 1,086 sqft condos.
Is 5-09 48th Ave a flip candidate?
No — 5-09 48th Ave does not appear in our flips dataset.
Is 5-09 48th Ave a tax-appeal candidate?
No — 5-09 48th Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.3%
Implied 1-yr
-5.2%
2026 Q3
$1.04M
2026 Q4
$1.02M