For Sale · Listing by Modern Spaces
2-17 51st Avenue #517
Long Island City, Queens
$1,198,000
2-17 51st Avenue #517
MLS® #RLS20089037
Listing by Modern Spaces
- 1
- Bedroom
- 1
- Bath
- 1,013
- Sq. Ft.
- 1906
- Year Built
Quick Summary
Property Highlights
- Exposure: North facing
- Style: Prewar,Loft architecture
- Climate Control: Wall Units
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | May 2, 2026 | $1,230,000 | - |
| Currently | Aug 5, 2026 | $1,198,000 | -2.6% |
Description
Residence 517 at The Powerhouse – Spacious 1-Bedroom + Home Office Welcome to Residence 517 at The Powerhouse, a generously sized 1-bedroom with a home office, offering 1,013 square feet of thoughtfully designed living space in a serene setting. The expansive living and dining area is both airy and inviting—perfect for everyday living and entertaining. The enclosed home office, complete with a swing door, provides flexibility as a quiet workspace or a private sleeping area, comfortably accommodating a queen-size bed. The open chef’s kitchen is designed for both style and function, featuring white lacquer cabinetry with ample storage, quartzite countertops, a glass tile backsplash, and a full suite of stainless steel appliances. Additional highlights include five closets throughout, oversized windows that fill the home with natural light, rich American cherry wood flooring, an in-unit washer and dryer, and individually controlled PTAC heating and cooling. The king-size primary bedroom offers two spacious closets, while the bathroom is elegantly appointed with a deep soaking tub and a wood vanity. A perfect balance of comfort and versatility, this residence is ideally suited for modern living, working from home, and effortless entertaining. Amenities include: 24/7 concierge and live-in resident manager State-of-the-art fitness center Spa with whirlpool, sauna, and steam room Residents’ lounge with pool table and wet bar Media room and business center Children’s playroom Bicycle and cold storage Expansive rooftop terrace with skyline views, sundeck, BBQ grills, and picnic areas On-site rental parking available next door Prime Long Island City Location Ideally located just minutes from the 7 train (one stop to Grand Central) and close to the East River Ferry and Gantry Plaza State Park. Enjoy the best of LIC living with Vernon Boulevard’s vibrant dining scene—cafés, boutiques, and acclaimed restaurants—just one block away, along with everyday conveniences, including Food Cellar, Urban Market, Dumbo Market, Duane Reade, CVS, and the Gantry Home & Hardware store. Don’t miss this rare opportunity to own a flexible apartment in one of LIC’s premier buildings. Schedule your private showing today.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Long Island City
View All Long Island City ListingsLong Island City sits directly across the East River from Midtown Manhattan, reachable in one stop on the 7 train. LIC has added more than 12,000 residential units since 2015, transforming former industrial blocks into a corridor of glass-tower condos, converted loft co-ops, and rental high-rises along the waterfront. Gantry Plaza State Park, MoMA PS1, and the Hunters Point Library anchor the neighborhood’s cultural identity. Median condo prices run roughly 30-40% below comparable Manhattan waterfront units, drawing both first-time buyers and investors looking for appreciation in one of the city’s highest-growth zip codes.
Long Island City Live Market Data
View NeighborhoodActive Listings
160
Median Asking Price
$1.10M
Median $/Sqft
$1,588
Avg Days on Market
N/A
New This Week
5
Price Reduced
27%
Sold (30 Days)
0
Median Sale Price
$460K
Live data from RLS at REBNY • Updated 8/5/26, 1:10 PM EST
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Location
2-17 51st Avenue #517, Long Island City, Queens County • Near 51st Avenue/50th Avenue
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $979 per month. Confirm the exact amount with Milton Coste before making an offer.
The current listed annual property tax is $5,772, or roughly $481 per month. Verify the current assessment with your attorney before closing.
This property has 1 bedroom and 1 full bathroom.
The listed interior living area is 1,013 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1906, making it approximately 120 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. Contact Milton Coste for weight limits or breed restrictions.
At the current list price of $1,198,000 for 1,013 sq ft, the asking price per square foot is approximately $1,183. 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) 416-7433Listing Courtesy of Modern Spaces - Mae Liew
Listing Contact: (718) 784-1110
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 Data display by Keller Williams NYC. Data last updated on 8/5/2026 at 5:10 PM UTC
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Quick Facts
Monthly Costs Estimate
$239,600
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
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