
Citylights at Queens Landing
4-74 48th Avenue, Queens, NY 11109
Long Island City, Queens
BBL 4000180001 · BIN 4000019
- Year built
- 1996
- Type
- Cooperative
- Units
- 522
- Floors
- 42
- Land
- Ground lease; the building sits on leased land
- The Roebling Team's building profile
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Subletting by shareholders
- Permitted with conditions
- Pied-à-terre
- Permitted
- Dogs
- Requires confirmation
- Cats
- Requires confirmation
- Washer/dryer
- Not permitted
- Maximum financing
- 90% of the purchase price
- Doorman
- Full-time doorman
Citylights at Queens Landing sales history: 610 recorded sales
Every recorded sale at this building, 2004–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $818
- floor-adjusted, 9 sales
- Listing discount
- 3.9%
- Recorded sales
- 610
- On record
- 2004–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at Citylights at Queens Landing would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
Citylights was an early residential tower in the redevelopment of the Hunters Point waterfront. Cesar Pelli & Associates designed the 42-story building, with SLCE as architect of record, around a broad base containing parking, retail and a learning center. The block extends from Center Boulevard to Fifth Street and from 48th to 49th Avenues. Its position gives west-facing homes views across the East River toward Manhattan.
The building’s ownership structure is central to its market position. Shareholders own cooperative stock and hold proprietary leases, while the corporation leases the underlying property from Queens West Development Corporation. The apartment purchase and the monthly maintenance payment cover different parts of that structure: the corporation’s ground rent, underlying financing and payments in lieu of taxes are recurring obligations behind the share purchase.
The waterfront development also explains an otherwise striking zoning entry. The offering plan says construction proceeded under an Empire State Development override of the manufacturing zoning. The residential tower was authorized through that state development framework; the zero residential floor-area allowance on the city zoning map does not describe the approvals under which it was built.
Architecture and unit composition
The building combines a lower block of substantial depth with a narrower tower above. The lower floors accommodate a broader range of apartment positions, while the tower’s perimeter provides elevated exposures in several directions. The original design places shared recreation space over the garage, separating outdoor activities from the street and from the upper residential floors.
Apartment types include studios and one-, two- and three-bedroom homes, along with larger combinations and upper-floor configurations. Windows facing west address the river and Manhattan skyline; east-facing rooms look across Long Island City. Corner plans can capture two directions of light. The orientation of the principal living room is a meaningful distinction within a building with this many exposures.
The original offering assigned shares to 521 apartments and reserved a separate residence for the superintendent. Later combinations have changed some interior arrangements. A combined apartment can retain the proportions of more than one original plan, including additional corridors and separate window groupings. The bedroom count alone does not identify which part of the original floor plate a home occupies.
Some apartments have private balconies or terraces. The offering plan expressly reserves building access to certain exterior areas for repairs and maintenance and notes the presence of vents, drains and other building systems. These private outdoor areas are distinct from the common recreation roof and carry their own access obligations under the proprietary lease.
Five residential passenger elevators were specified in the original building design, with separate elevator service for the garage and learning-center component. The architect’s report distinguishes construction-floor numbering from the numbering used in apartment marketing, including the penthouse tiers. A penthouse label therefore identifies an upper-floor designation; confirm separately whether a given "penthouse" apartment is a duplex or has a private roof terrace.
Building operations
Citylights operates a staffed residential building with common laundry and a fitness center. The garage, street-level commercial space and learning-center premises form part of the larger property. The original plan treats parking use as a service separate from basic apartment maintenance, so a share purchase does not automatically include a parking space.
The recreation roof has changed since the original construction. Brooklyn Grange designed and installed a 16,000-square-foot green roof with native perennial planting. DOB alteration filings also describe outdoor seating and planters, a tennis court, a bocce court and accessory storage created from part of the garage. The planted areas and hard-surfaced recreation areas occupy different portions of the roof.
The cooperative’s obligations extend beyond its interior amenities. The ground-lease summary assigns maintenance and repair of the property to the apartment corporation and requires it to maintain publicly accessible pedestrian spaces. It also requires landlord consent for material alterations to the building. The corporation manages a mixed-use property with public-access obligations as well as a residential tower.
Payments in lieu of taxes, or PILOT, arise under the ground lease. The building’s 2021 financial update describes the phase-out of its earlier tax benefit and scheduled full PILOT payments beginning in 2022. That history explains part of the maintenance growth since 2022; there is no active tax abatement today. Ground rent, PILOT and the cooperative’s underlying debt are separate from an individual shareholder’s apartment loan.
Policy framework
The purchase and sublease applications on file provide the following terms; confirm that the current application retains them before signing a contract.
Financing: Up to 90% of the purchase price in the purchase application. The lender separately reviews the cooperative and its ground lease.
First-year occupancy: The purchaser acknowledges using the apartment as a residence for the first year after purchase before subletting.
Subletting: The application limits each sublease and renewal to a one-year term and requires a separate submission and fee.
Pets: The purchase package permits one pet per apartment and prohibits pets for subtenants.
Transfer process: The proprietary lease provides a right of first refusal on sales and subleases. The purchase package gives the board thirty days from receipt of a complete application to exercise or waive that right.
Application and transaction fees
Fees below are from building management's published schedule, as of October 2026. They are shown as published, item by item; no total is added because the total depends on the transaction. Deposits are listed apart from nonrefundable charges.
Purchase
12 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Additional Co-Applicant FeeConditionalPaid to management | Paid by Buyer | When With the application | Amount $200 (if applicable) for any application that has more than one (1) Co-Applicant or more than one (1) Financial Statement Form | Refundable Non-refundable |
| Administrative FeePaid to the building | Paid by Buyer | When With the application | Amount $500 | Refundable Non-refundable |
| Application Processing FeePaid to management | Paid by Buyer | When With the application | Amount $725 | Refundable Non-refundable |
| Compliance FeePaid to management | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
| Credit/Background Check FeePer applicantPaid to management | Paid by Buyer | When With the application | Amount $150 per adult occupant | Refundable Non-refundable |
| Maintenance FeeRecurringPaid to the building | Paid by Buyer | When At closing | Amount Equal to two (2) Month's Maintenance (Fee not applied to monthly maintenance) | Refundable Non-refundable |
| Move-In FeePaid to the building | Paid by Buyer | When At closing | Amount $300 | Refundable Non-refundable |
| New York State Stamp TaxPer sharePaid to management | Paid by Buyer | When At closing | Amount $0.05 per share | Refundable Non-refundable |
| Power of Attorney FeeConditionalConditions: If ApplicablePaid to management | Paid by Buyer | When At closing | Amount $150 (if applicable) | Refundable Non-refundable |
| Recognition Agreement FeeConditionalConditions: If FinancingPaid to management | Paid by Buyer | When At closing | Amount $350 (if applicable) | Refundable Non-refundable |
| Closing FeePaid to management | Paid by Shareholder | When At closing | Amount $750 | Refundable Non-refundable |
| Move-out FeePaid to the building | Paid by Shareholder | When At closing | Amount $300 | Refundable Non-refundable |
Sublet
6 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeePaid to management | Paid by Shareholder | When With the application | Amount $575 | Refundable Non-refundable |
| Credit Check FeeConditional · Per applicantPaid to management | Paid by Shareholder | When With the application | Amount $150 per applicant ($additionals fees may apply per applicant if applicant(s) do not have a SS#) | Refundable Non-refundable |
| Sublease FeePaid to the building | Paid by Shareholder | When With the application | Amount $4000 (waiver codes will be issued upon receipt of paid by certified check) | Refundable Non-refundable |
| Move-In FeePaid to the building | Paid by Subtenant | When With the application | Amount $300 | Refundable Non-refundable |
Sublet renewal
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeePaid to management | Paid by Shareholder | When With the application | Amount $225 | Refundable Non-refundable |
| Sublease FeePaid to the building | Paid by Shareholder | When With the application | Amount $4000 (waiver codes will be issued upon receipt of paid by certified check) | Refundable Non-refundable |
Refinance
1 item
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeePaid to management | Paid by Shareholder | When With the application | Amount $400 | Refundable Non-refundable |
Ownership transfer
15 items
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application FeePaid to management | Paid by Buyer | When With the application | Amount $725 | Refundable Non-refundable |
| Compliance FeePaid to management | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
| Credit Check FeePer applicantPaid to management | Paid by Buyer | When With the application | Amount $150 per applicant | Refundable Non-refundable |
| Lost Stock and Lease Affidavit Preparation FeeConditionalPaid to management | Paid by Buyer | When At closing | Amount 400 (If you have lost your stock certificate and proprietary lease) | Refundable Non-refundable |
| Lost Stock and Lease Affidavit review feeConditionalPaid to management | Paid by Buyer | When At closing | Amount $400 (If you have a mortgage and your lender has lost your stock and lease) | Refundable Non-refundable |
| Move In FeePaid to management | Paid by Buyer | When At closing | Amount $300 | Refundable Non-refundable |
| New Stock and Lease FeeConditionalPaid to management | Paid by Buyer | When At closing | Amount $1000 (If you have a mortgage and your lender has lost your stock and lease) | Refundable Non-refundable |
| New Stock and Lease FeeConditionalPaid to management | Paid by Buyer | When At closing | Amount $800 If you have lost your stock certificate and proprietary lease (if applicable at closing) | Refundable Non-refundable |
| NYS Transfer StampsPer sharePaid to management | Paid by Buyer | When At closing | Amount .05 per share | Refundable Not stated |
| Recognition Agreement FeePaid to management | Paid by Buyer | When At closing | Amount $350 | Refundable Not stated |
| Closing FeePaid to management | Paid by Shareholder | When At closing | Amount $750 | Refundable Not stated |
| Move Out FeePaid to the building | Paid by Shareholder | When At closing | Amount $300 | Refundable Non-refundable |
Transfer: trust
Fees and charges
| Item | Paid by | When | Amount | Refundable |
|---|---|---|---|---|
| Application Processing FeeTransfereePaid to management | Paid by Buyer | When With the application | Amount $500 | Refundable Non-refundable |
| Compliance FeePaid to management | Paid by Buyer | When With the application | Amount $500 | Refundable Not stated |
| Closing FeePaid to management | Paid by Shareholder | When At closing | Amount $500 | Refundable Non-refundable |
Management updates its schedule without a public filing. The date is when management last updated the page, not when a rule changed. Confirm the current schedule with management before you apply.
Considering an apartment here? Send Corey the listing to discuss the building's costs and purchase requirements.
Own an apartment here? Request an apartment-specific pricing review.
Financing and purchase requirements
- Maximum financing
- 90% of the purchase priceSource: building management's published schedule, as of October 2026
- Co-purchasing
- PermittedSource: building management's published schedule, as of October 2026
- Purchase or lease by a corporation
- Not permittedSource: building management's published schedule, as of October 2026
Sublet and pied-à-terre policy
A condominium owner leasing a unit and a co-op shareholder subletting are different rules, and a building-wide rule is different from a restriction on one apartment. This is the building's rule; confirm it for the specific apartment.
- Subletting by shareholders
- Permitted with conditionsMust own apartment for one year.Source: building management's published schedule, as of October 2026
- Pied-à-terre ownership
- PermittedSource: building management's published schedule, as of October 2026
- Short-term rentals
- Not permittedSource: building management's published schedule, as of October 2026
Considering an apartment here? Send Corey the listing to discuss the sublet and pied-à-terre rules for that apartment.
Pets and in-unit washer/dryer
- Dogs
- Requires confirmationSources differ. Confirm with building management.
- Cats
- Requires confirmationSources differ. Confirm with building management.
- In-unit washer/dryer
- Not permittedSource: building management's published schedule, as of October 2026
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
Monthly carrying charges in recent sales
- Maintenance, per room
- $667 per room a monthMedian of 50 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Maintenance, per square foot
- $2.80 per square foot a monthMedian of 45 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Maintenance as recorded with each sale. A co-op's maintenance already covers the building's real estate taxes and the building's own mortgage, if it has one; add your own loan payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: recent listing records
- Concierge
- YesSource: recent listing records
- Elevator
- YesSource: NYC Department of City Planning records (PLUTO)
- Amenities noted
- Fitness room, garage, laundry roomSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $263,819/yr
- Per unit / month range
- $0 – $42
- Modeled exposure split equally across 522 units (the residential count on the city's lot record). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the inspector (QEWI) identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Recent sales
Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Sep 21, 2026 | PH1H | 1 BR · 1 BA · 700 sf | $583,000 | $833/sf | -2.0% |
| Sep 9, 2026 | 7E | 2 BR · 1 BA · 800 sf | $750,000 | $938/sf | -2.0% |
| Sep 4, 2026 | 35F | 1 BR · 1 BA · 863 sf | $640,000 | $742/sf | -1.4% |
| Aug 24, 2026 | 27A | 2 BR · 2 BA · 1,050 sf | $920,000 | $876/sf | -3.2% |
| Jun 29, 2026 | 17G | 1 BR · 1 BA · 863 sf | $675,000 | $782/sf | -0.6% |
| May 15, 2026 | 3BB | 1 BA · 503 sf | $460,000 | $915/sf | -5.7% |
| May 14, 2026 | 17J | 1 BR · 1 BA · 865 sf | $665,000 | $769/sf | -4.9% |
| Apr 2, 2026 | 35L | 2 BR · 2 BA · 1,150 sf | $800,000 | $696/sf | -8.6% |
Market read. Most recent trades (2026 to date) cleared a median $818/sf (floor-adjusted) across 9 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 3.9% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 4-00018-0001). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.
Closed rents at Citylights at Queens Landing, last 36 months
| Size | Leases | Median / month |
|---|---|---|
| Studio | 80 | $3,420 |
| 1 bedroom | 262 | $4,259 |
| 2 bedroom | 126 | $6,135 |
| 3 bedroom | 2 | $8,250 |
470 closed leases, October 2023 to September 2026. Most recent lease September 2026. Sizes with fewer than 2 leases are not shown. Compiled by The Roebling Team at Compass from closed leases.
What would your apartment rent for?
The figures above are the building's closed leases. Enter your apartment and I'll send you what yours would rent for, from comparable leases at Citylights at Queens Landing and nearby.
At the recent median sale of $678K (32 transfers in the past 24 months, since November 12, 2024), a buyer putting 25% down would pay about $11,091 to close, or 1.6% of the price.
- Mansion tax: $0
- No mortgage recording tax or title insurance on a co-op purchase
- Attorneys, lender, building fees and filings: $11,091
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
Review the lease term with the lender before committing to financing. The original ground lease expires in 2095 and requires negotiation with the landlord for an extension or a new lease. It does not promise an automatic renewal. Counsel should establish which amendments apply to the apartment corporation today, and the lender should accept the actual lease documents before a financing contingency is removed.
Check the apartment’s share allocation when comparing carrying costs. Maintenance is allocated through the cooperative’s shares. The original schedule assigns different share amounts to apartments, and later combinations can bring more than one original allocation into a single home. Two apartments with similar advertised floor areas can therefore have different monthly obligations without a corresponding difference in their current asking prices.
What to know if you’re selling
Resolve in-unit laundry before the transfer inspection. The purchase package prohibits apartment washers and dryers and requires previously approved installations dating from before 2012 to be removed when the apartment sells, with plumbing and electrical connections removed or capped. An existing machine should not be advertised as an amenity that automatically passes to the purchaser. This is a closing requirement to settle before scheduling the inspection.
Comparable buildings
- The View at 46-30 Center Boulevard — A waterfront condominium with a smaller residential population and river-facing layouts, offering a different ownership structure in the same waterfront setting.
- L Haus at 11-02 49th Avenue — A brick mid-rise condominium organized around landscaped common outdoor space, with a lower building profile and fewer homes.
- Arris Lofts at 27-28 Thomson Avenue — An industrial conversion with large loft volumes, an interior courtyard and a swimming pool, within condominium ownership.
- Galerie at 22-18 Jackson Avenue — A contemporary condominium arranged around an interior courtyard, providing a comparison for shared facilities in a smaller development.
- Skyline Tower at 3 Court Square — A larger glass condominium tower whose high-floor apartments offer a comparison for elevation and skyline exposure in a newer building.
More Long Island City buildings
- 46-30 Center Boulevard (The View) — new-construction condominium by Handel Architects
- 5 Court Square West — condominium
- Arcadia LIC, 24-12 42nd Road — 2016 condominium
- Cresyn, 37-28 Crescent Street — condominium
- Echelon, 13-11 Jackson Avenue — 2006 condominium
- Factory House, 42-60 Crescent Street — new-construction condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Long Island City.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at Citylights at Queens Landing?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com
