Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
5-03 50TH Avenue #2C
Closed For Sale Condo

$975,000

$1,151 per sq ft

5-03 50TH Avenue #2C

Hunters Point, Queens

THE GALAXY

MLS® #RLS20065626

RLS at REBNY

Listing by Serhant

1

Bedroom

1

Bath

847

Sq. Ft.

2006

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 847 sq ft
Year Built 2006
Ownership Condo
HOA/Common Charges $453/mo
Property Taxes Contact for details
Parking Garage
Neighborhood Hunters Point
Floor 2 of 5

Property Highlights

  • Exposure: North,West facing
  • Outdoor Space: None, Balcony
  • Style: Loft architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
Floor 2 of 5
Exposure North,West
Pets Yes
Year Built 2006
Living Area 847 sq ft
Parking Garage Available
Architectural Style Loft
Basement Other
Block/Lot 00032/1003

Listing History

Event Date Price Change
Listed Jan 7, 2026 $1,050,000 -
Price Reduced May 7, 2026 $995,000 -5.2%
Currently May 13, 2026 $975,000 -2.0%

Description

This truly one-of-a-kind corner one-bedroom is a rare find in Long Island City, offering character and scale that set it apart from typical new-construction condos. Flooded with natural light from oversized windows, the home feels open, airy, and loft-like, thanks to soaring 11-foot ceilings that elevate the space and create a sense of volume rarely found in the neighborhood.

Gleaming hardwood floors anchor the expansive layout, while the open kitchen seamlessly connects to the living area-ideal for entertaining, dining, or everyday living. There is ample room for a dedicated work-from-home setup and a full-size dining table without compromising flow or comfort. An in-unit washer/dryer adds convenience, and the home opens to a spectacular 130-square-foot private terrace, perfect for morning coffee, outdoor dining, or unwinding at the end of the day.

Located in the heart of Hunters Point, The Galaxy is a boutique building just one block from the Vernon-Jackson Blvd 7 train and moments from the East River Ferry. Residents enjoy an exceptional rooftop deck with sweeping city views, along with close proximity to the area's best restaurants, shops, and grocery stores. Additional amenities include private parking (waitlist) and bike storage-completing a home that offers both style and substance in a standout LIC location.

Features & Amenities

Interior Features

High Ceilings Building None

Exterior Features

Balcony Private Outdoor Space Over60 Sqft None Balcony

Appliances

Dishwasher

Building Information

Financial Details

Common Charges $453/mo
RE Taxes Contact for details
Original Price $1,050,000
Sale Price $975,000
Previous Price $995,000

Hunters Point lines the Queens waterfront with modern glass-tower condominiums, converted warehouse lofts, and mid-rise rental buildings overlooking the East River. The 7 train at Hunters Point Avenue connects to Midtown Manhattan, and the LIRR station at Hunterspoint Avenue adds a second commuter option. Gantry Plaza State Park anchors the neighborhood with restored industrial piers, public lawns, and direct Manhattan skyline views.

Hunters Point Live Market Data

View Neighborhood

Active Listings

18

Median Asking Price

$1.42M

Median $/Sqft

$1,384

Avg Days on Market

N/A

New This Week

0

Price Reduced

33%

Sold (30 Days)

1

Median Sale Price

$1.30M

Live data from RLS at REBNY • Updated 5/13/26, 7:46 PM EST

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Location

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5-03 50TH Avenue #2C, Hunters Point, Queens County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

2006
Year Built
20 years old
6
Floors
12
Residential Units
M1-4/R6A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $1,633,054
Land Value: $130,052
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 5,625 SF
Building Area: 18,375 SF
Built FAR: 3.27
Allowed FAR: 3

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $453 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 847 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2006, making it approximately 20 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property: Pets Allowed,Building Pets Allowed Comments:Pets Allowed. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $975,000 for 847 sq ft, the asking price per square foot is approximately $1,151. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20065626
First Listed: 1/7/2026
On Market: 1/7/2026
Price Changed: 5/7/2026
Closed: 5/6/2026
Contract Date: 1/7/2026

Listing Courtesy of Serhant - Annette M Akers

Listing Contact: (773) 350-4811

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/13/2026 at 11:46 PM UTC

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