Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $815,000

· Closed December 19, 2018

2-17 51st Avenue #505
Closed For Sale Condo

$815,000

$1,077 per sq ft

2-17 51st Avenue #505

Long Island City, Queens

MLS® #RLS10499011

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

757

Sq. Ft.

1906

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 757 sq ft
Year Built 1906
Ownership Condo
HOA/Common Charges $571/mo
Property Taxes $336/yr
Neighborhood Long Island City
Floor 5 of 11

Property Highlights

  • Exposure: South facing
  • Style: Prewar architecture
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
Floor 5 of 11
Exposure South
Cooling Central Air
Pets Yes
Cross Street 51st Avenue/50th Avenue
Year Built 1906
Living Area 757 sq ft
Architectural Style Prewar
Block/Lot 16/7501

Description

Beautiful loft-like apartment with a sleeping area/home office at the iconic Powerhouse Condominium in Long Island City! This bright, airy residence in an incredible amenity-rich building features large windows with stretching views, elegant hardwood floors, and an open-concept layout with a large living room and dining room for entertaining. The open kitchen with a big island serves the living area and is nicely appointed with generous cabinets and stainless steel Viking appliances. A spacious sleeping area or home office adds to your flexibility while a full bathroom, convenient in-home washer and dryer, and ample closet space complete the comfort. The Powerhouse was interestingly transformed from the Pennsylvania Railroad Power Station designed by McKim, Mead & White, built in 1909 to provide electricity for trains, and closed in 1920, but original details such as steel beams still abound. The fabulous residential conversion of this industrial building and 4-story rooftop addition, brought to life by architect Karl Fischer, resulted in the creation of 177 luxurious condo units, with interior design by Andres Escobar. Residents enjoy an incredible assortment of services and amenities, including a stunning modern lobby, doorman & concierge services, a live-in super, video intercom, state-of-the-art fitness center, Aqua Grotto spa with a whirlpool, sauna, steam & massage rooms + lockers, a children?s playroom, event/party room, game room with pool table, full-service garage, business center, lounge, screening room, bike storage, and a wonderful rooftop deck with city views, a sunbathing deck, BBQ grills & picnic tables. Located on 51st Avenue in Long Island City, near Gantry Plaza State Park, a 12-acre riverside oasis offering gorgeous views of the Midtown Manhattan skyline as well as playgrounds, playing fields, outdoor concerts, and a dog park (yes, pets are allowed at The Powerhouse!). Food choices abound from riverfront spots like Shi and Maiella, to eateries all along the newly hip Vernon Boulevard. Also minutes away is an assortment of transportation, like the Vernon/Jackson 7 train two blocks away that?s just one stop from Grand Central, the Water Taxi, and 495 to the Midtown Tunnel. Please note: Some pics are virtually staged.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed New Windows

Exterior Features

Building Roof Deck

Appliances

Dryer Washer

Building Information

Stories 11
Style Prewar

Financial Details

Common Charges $571/mo
RE Taxes $336/yr ($28/mo)
Sale Price $815,000

Long Island City (LIC) is one of New York’s fastest-growing residential neighborhoods, offering a modern urban lifestyle just one stop from Manhattan. Famous for its stunning waterfront parks and the iconic Pepsi-Cola sign, LIC is a hub for contemporary art and luxury living. The real estate market is dominated by sleek, new construction glass towers that offer world-class amenities and breathtaking, unobstructed views of the Manhattan skyline.

Long Island City Live Market Data

View Neighborhood

Active Listings

155

Median Asking Price

$1.21M

Median $/Sqft

$1,524

Avg Days on Market

N/A

New This Week

12

Price Reduced

10%

Sold (30 Days)

11

Median Sale Price

$1.39M

Live data from RLS at REBNY • Updated 3/27/26, 5:33 PM EST

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Location

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2-17 51st Avenue #505, Long Island City, Queens County • Near 51st Avenue/50th Avenue

MLS® ID: RLS10499011
First Listed: 9/24/2018
Closed: 12/19/2018
Contract Date: 9/24/2018

Listing Courtesy of Compass - Keith Woo

Listing Contact: (646) 508-9635

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.

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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 3/27/2026 at 9:33 PM UTC

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