Under Contract – Backup offers may be accepted
5-27 51st Avenue #PH-B
MLS® #RLS10966744
Listing by Modern Spaces
1
Bedroom
1
Bath
670
Sq. Ft.
2013
Year Built
Quick Summary
Property Highlights
- Exposure: North,West facing
- Outdoor Space: Balcony
- Climate Control: Wall Units
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Apr 4, 2024 | $750,000 | - |
| Currently | Jul 2, 2026 | $939,000 | +25.2% |
Description
A PERFECT ONE BEDROOM WITH PARKING INCLUDED IN THE ASKING PRICE Unit PHB features a practical layout that offers a sense of spaciousness. The kitchen showcases Ceasarstone Quarz countertops and high-quality appliances, including a Kitchen Aid oven range, microwave, and dishwasher, along with a Fisher & Paykel refrigerator. Flowing seamlessly into the dining/living room. The bedroom comfortably accommodates a queen-sized bed with ample space for additional furniture. Kohler and Duravit fixtures in the bathroom, an LG washer/dryer, white oak floors, and ample storage add to the functionality of this well-designed 1BR residence. Five27 is a boutique condominium characterized by modern and urban architecture. Residents enjoy amenities such as a 24-hour virtual doorman, an outdoor common terrace with a grill, a fitness center, and a lounge for relaxation or gatherings. Optional storage lockers and bike storage are available for rent. Conveniently located just a few blocks from the Vernon/Jackson subway stop on the 7 train, with easy access to Midtown Manhattan, Five27 offers proximity to Long Island City’s diverse dining, entertainment, and transportation options. Additionally, the building benefits from a 421-a tax abatement in effect until June 30th, 2029. *Images are virtually staged.
Features & Amenities
Interior Features
Exterior Features
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
170
Median Asking Price
$1.10M
Median $/Sqft
$1,555
Avg Days on Market
N/A
New This Week
4
Price Reduced
25%
Sold (30 Days)
8
Median Sale Price
$1.43M
Live data from RLS at REBNY • Updated 7/2/26, 2:40 AM EST
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Location
5-27 51st Avenue #PH-B, Long Island City, Queens County • Near 5th Street/Vernon Boulevard
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 $534 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $828, or roughly $69 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 670 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 2013, making it approximately 13 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.
Pet policy requires confirmation with the listing broker.
At the current list price of $939,000 for 670 sq ft, the asking price per square foot is approximately $1,401. 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 - Sharon Weinstein
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 7/2/2026 at 6:40 AM UTC