Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
5-12 51st Avenue #1

For Sale · Listing by Modern Spaces

5-12 51st Avenue #1

Long Island City, Queens

$2,195,000

Interested in this property?
Active For Sale Condo

$2,195,000

$1,040 per sq ft

5-12 51st Avenue #1

Long Island City, Queens

MLS® #RLS20106382

RLS at REBNY

Listing by Modern Spaces

1
Bedroom
2.5
Baths
2,110
Sq. Ft.
2017
Year Built

Quick Summary

Bedrooms 1
Bathrooms 3 full, 1 half
Living Area 2,110 sq ft
Year Built 2017
Ownership Condo
HOA/Common Charges $649/mo
Property Taxes $12,096/yr
Neighborhood Long Island City
Floor 1 of 4

Property Highlights

  • Exposure: North,South facing
  • Outdoor Space: Patio
  • Style: Loft architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full, 1 Half
Floor 1 of 4
Exposure North,South
Cooling Central Air
Pets Yes
Cross Street 5th Street/Vernon Boulevard
Year Built 2017
Living Area 2,110 sq ft
Architectural Style Loft
Block/Lot 0034/0029

Listing History

Event Date Price Change
Listed Jul 29, 2026 $2,195,000 -
Currently Jul 30, 2026 $2,195,000 -

Description

Spacious duplex residence at 5-12 51st Avenue offering 2,110 square feet of interior living space across the entire first floor and lower level. The well-designed layout features generous living and entertaining areas, a vented kitchen, and a large island kitchen that serves as the heart of the home. The residence also includes a 991-square-foot private outdoor space, offering plenty of room for outdoor dining, gardening, relaxing, or entertaining. Located on a quiet residential block in Long Island City, the building is just moments from Gantry Plaza State Park, the waterfront, restaurants, cafés, and multiple subway lines, providing convenient access to Midtown Manhattan.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed In Unit

Exterior Features

Building Storage Building Roof Deck Private Outdoor Space Under60 Sqft Patio

Appliances

Dryer Washer

Building Information

Building Data View Compliance & Permits
Total Units 5
Stories 4
Style Loft

Financial Details

Common Charges $649/mo
RE Taxes $12,096/yr ($1,008/mo)

Long 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 Neighborhood

Active Listings

173

Median Asking Price

$1.11M

Median $/Sqft

$1,585

Avg Days on Market

N/A

New This Week

1

Price Reduced

27%

Sold (30 Days)

9

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 7/30/26, 12:56 AM EST

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Location

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5-12 51st Avenue #1, Long Island City, Queens County • Near 5th Street/Vernon Boulevard

Building Information

Official NYC property records for this building

2008
Year Built
18 years old
4
Floors
5
Residential Units
M1-4/R6B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $884,700
Land Value: $82,350
Exemptions: $0

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

Lot Area: 2,500 SF
Building Area: 6,961 SF
Built FAR: 2.78
Allowed FAR: 2

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 $649 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $12,096, or roughly $1,008 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 2,110 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2017, making it approximately 9 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 $2,195,000 for 2,110 sq ft, the asking price per square foot is approximately $1,040. 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: RLS20106382
First Listed: 7/29/2026
On Market: 7/29/2026
Price Changed: 7/29/2026
Contract Date: 7/29/2026

Listing Courtesy of Modern Spaces - Jee Young Park

Listing Contact: (212) 210-6666

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 7/30/2026 at 4:56 AM UTC

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Long Island City Market Update

9 sales last 30 days · $1.11M median · 19.2 months supply

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Quick Facts

Status Active Type Condo Neighborhood Long Island City Borough Queens
County Queens
Floor 1 of 4
Year Built 2017
First Listed 7/29/2026
Style Loft
Living Area 2,110 sqft
Common Charges $649/mo
Annual Tax $12,096

Monthly Costs Estimate

Down Payment 20%

$439,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $649
Est. Taxes $1,008
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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