Milton Coste

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(917) 416-7433

SOLD FOR $768,000

· Closed January 6, 2022

2-40 51st Avenue #2L
Looking for something similar?
Closed For Sale Condo

$768,000

$1,038 per sq ft

2-40 51st Avenue #2L

Long Island City, Queens

Foundry At Hunters

MLS® #RLS10707326

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

740

Sq. Ft.

2007

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 740 sq ft
Year Built 2007
Ownership Condo
HOA/Common Charges $883.21/mo
Property Taxes $1,650/yr
Neighborhood Long Island City
Floor 2 of 4

Property Highlights

  • Exposure: North facing
  • Outdoor Space: Balcony
  • Climate Control: Wall Units

Property Details

Type Condo
Ownership Condominium
Total Rooms 1
Baths 1 Full
Floor 2 of 4
Exposure North
Cooling Wall Units
Pets Yes
Cross Street 2 STREET and 5 STREET
Year Built 2007
Living Area 740 sq ft

Description

With 740 interior square feet plus a large balcony, offered at $799,999, $1,081 per square foot, unit 2L is an excellent value for the Hunters Point waterfront area and a great opportunity for you to enter the Long Island City condominium market, where a new development in the same neighborhood, is offering a 531 square foot one bedroom unit for $850,000, $1,601 per square foot. Unit 2L comes with an as-of-right 421a property tax exemption through June 30, 2024.

Unit 2L features large floor to ceiling windows, beautiful strip flooring and a high-efficiency Bosch washer and dryer.

The chefs kitchen offers a large black quartz island and a full height glass backsplash. There is a Jenn-Air stainless steel appliance package, including a 4-burner free standing vented gas range, an over-the-range microwave, a KitchenAid refrigerator with a large freezer drawer and a Bosch dishwasher. The kitchen has premium cabinets with upper open cabinets and underlighting facing the living room. The bedroom comfortably accommodates a king size bed and includes a closet with a custom shelving system. The bath offers a deep soaking tub, Kohler fixtures and tile clad floors and walls. The ceiling height in the main rooms are approximately 9 feet.

The Foundry Condominium was built in 2008. The building consists of 4 floors and 57 residential units. Building amenities include an expansive lobby with high ceilings, a concierge, an onsite resident manager, a package room, a large fitness center on the ground floor, bicycle storage and an expansive common outdoor terrace on the mezzanine level. The Foundry is pet friendly.

Location. Location. Location. You are located on a quiet street on 51st Avenue west of 5th Street. You are only 2 blocks to the NYC Ferry, 2 blocks to the number 7 train (one stop to Grand Central Terminal) and 2 blocks to the award-winning Gantry Plaza State Park, Hunters Point South Park and the Steven Holl Architects designed Hunters Point Library. You are one block to Vernon Boulevard with all its great shops, bars and restaurants including Casa Enrique, Cafe Henri, Domaine, Tournesol and so many others such as Trader Joe's and Target.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Balcony Balcony

Appliances

Dryer Washer

Building Information

Building Foundry At Hunters
Total Units 57
Stories 4

Financial Details

Common Charges $883.21/mo
RE Taxes $1,650/yr ($138/mo)
Original Price $845,000
Sale Price $768,000
Previous Price $799,999

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

152

Median Asking Price

$1.20M

Median $/Sqft

$1,526

Avg Days on Market

N/A

New This Week

11

Price Reduced

9%

Sold (30 Days)

11

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 3/25/26, 4:19 PM EST

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Location

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2-40 51st Avenue #2L, Long Island City, Queens County • Near 2 STREET and 5 STREET

Floor Plans

Floor Plan
MLS® ID: RLS10707326
First Listed: 3/28/2021
Price Changed: 1/6/2022
Closed: 1/6/2022
Contract Date: 3/27/2021

Listing Courtesy of The Corcoran Group - Patrick W Smith

Listing Contact: (212) 380-8184

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 3/25/2026 at 8:19 PM UTC

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