Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $708,000

Listed at $725,000 · Sold 2.3% below asking · Closed December 13, 2016

2-40 51st Avenue #3-R
Closed For Sale Condo

$725,000

$1,210 per sq ft

2-40 51st Avenue #3-R

Long Island City, Queens

MLS® #RLS10009665

RLS at REBNY

Listing by RealDirect Brokerage Services

1

Bedroom

1

Bath

599

Sq. Ft.

2008

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 599 sq ft
Year Built 2008
Ownership Condo
HOA/Common Charges $574/mo
Property Taxes $636/yr
Parking Garage
Neighborhood Long Island City
Floor 3 of 4

Property Highlights

  • Exposure: South facing
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 3 of 4
Exposure South
Pets Yes
Cross Street 50th Avenue/51st Avenue
Year Built 2008
Living Area 599 sq ft
Parking Garage Available
Block/Lot 15/7501

Description

One of a kind apartment in Hunter's Point Long Island City

Located on the 3rd floor of a 4-story, 57 unit boutique condo, situated in the Hunter's Point waterfront neighborhood in Long Island City. The kitchen is equipped with stainless steel appliances including Jenn-Air stove & microwave, Bosch dishwasher, glacier-glass tile backsplash, cherry cabinets and eat in kitchen with black granite counter. The apartment includes an in-unit washer and dryer, a movable interior shoji screen sliding door that separates the bedroom from the living room, custom built-in bookshelves, additional shelving unit to maximize closet space, recessed ceiling lights in living room, bedroom and walk-in closet/nursery and separate air conditioning/heating units in the bedroom and living room. The walk in closet in the bedroom can be used as a normal closet or a nursery. If you choose to have a closet, there are custom shelving units that can be installed in the closet for efficient organization. If you choose to have a nursery, a mini crib fits perfectly inside with extra space for shelving. The bathroom is spacious and includes an abundance of storage with cabinets and medicine cabinet and the bathtub comes with a glass enclosure.

The Foundry is located 1 block from the waterfront and Hunter's Point South / Gantry Park, which has the BEST view of the NYC skyline. You can see the Empire State Building at the end of the street from the front of The Foundry. The park hosts many events from concerts & movies in the park to silent disco parties and more. The Foundry is 2 blocks from the Vernon/Jackson 7 train stop, which takes you into Midtown Manhattan in 5 minutes, and is only 1 stop from Grand Central. The G, E, M trains are a short walk away and the East River Ferry and LIRR is 1 block away. The Foundry is surrounded by great shops, fine dining, bars, waterfront playgrounds, dog parks, LIC Flea & Food, great schools, Hunters Point library (opening in 2017 on the waterfront), supermarkets, Duane Reade, MOMA's PS1 and more.

The amenities at The Foundry include a live-in super, doorman, pet friendly, elevator, an outdoor mezzanine/courtyard (great views of Macy's July 4th fireworks), gym, bike storage and more! Low taxes through the 421A 15 year tax abatement, which expires in 2024.

Unit Features:
- Custom built in bookshelves
- Custom shelving for walk-in closet in bedroom (available)
- Custom shelving in living room closet
- Custom built sliding shoji screen
- In-Unit washer/dryer
- Stainless steel fridge, stove, built in microwave and dishwasher
- Eat in kitchen with granite counter island
- Hardwood floors
- Separate A/C and heating units for living room and bedroom
- Pets Allowed

Building Specifics:
- Outdoor Courtyard
- Doorman & Porter
- Live-In Super
- Elevator
- Wheelchair/Stroller access
- Gym
- 24-hour virtual doorman
- Package room
- Bike storage
- fios Available
- Garage (fee)
- 1 block from waterfront

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Building Courtyard Building Roof Deck

Appliances

Dryer Washer

Building Information

Stories 4

Financial Details

Common Charges $574/mo
RE Taxes $636/yr ($53/mo)
Sale Price $708,000

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)

10

Median Sale Price

$1.39M

Live data from RLS at REBNY • Updated 3/28/26, 4:17 PM EST

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Location

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2-40 51st Avenue #3-R, Long Island City, Queens County • Near 50th Avenue/51st Avenue

Floor Plans

Floor Plan
MLS® ID: RLS10009665
First Listed: 9/21/2016
Closed: 12/13/2016
Contract Date: 9/21/2016

Listing Courtesy of RealDirect Brokerage Services - Douglas Perlson

Listing Contact: (917) 597-9181

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 3/28/2026 at 8:17 PM UTC

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