The Zipper Building. (MAQE)
May 13, 2019 By Laura Hanrahan
The Zipper Building, a new luxury condominium development in Hunters Point, has officially placed all 41 of its units on the market.
The available condos, located inside the converted and expanded zipper factory at 5-33 48th Ave., range from studios to four-bedrooms. The units begin at $650,000 and go up to $2.5 million.

A unit inside the Zipper Building. (MAQE)
The new seven-story building, designed by RA Architecture + Engineering, retains many of the historical elements from the previous four-story factory, including its wood ceiling beams, factory-style windows and red brick exterior.
Inside, the building is outfitted with several high-end amenities including a fitness center with a yoga terrace, a furnished lounge with an outdoor terrace and a wet bar, a children’s playroom, in-unit washer and dryers, a bike room, and additional storage units. The building will also feature retail space on the ground floor.
“The Zipper Building will complement the budding Hunters Point neighborhood, which is in the midst of a real estate boom,” said Eric Benaim, CEO of listing brokerage Modern Spaces.
While construction on the property began in late 2015, developer Circle F Capital officially purchased the factory in 2017 for $24.5 million.