Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $840,000

· Closed November 20, 2019

50 2ND Street #720
Closed For Sale Condo

$840,000

$987 per sq ft

50 2ND Street #720

Long Island City, Queens

THE POWERHOUSE

MLS® #RLS10572175

RLS at REBNY

Listing by Halstead dba Brown Harris Stevens Residential Sales LLC

1

Bedroom

1

Bath

851

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 851 sq ft
Year Built N/A
Ownership Condo
HOA/Common Charges $709/mo
Property Taxes $384/yr
Parking Garage
Neighborhood Long Island City
Floor 720 of 11

Property Highlights

  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 720 of 11
Pets Yes
Cross Street 51st Ave/50th Ave
Living Area 851 sq ft
Parking Garage Available

Description

Architect Karl Fisher designed The Powerhouse Condominium, a conversion of the 1909 Long Island Power Station into a full service luxury condominium with interiors by Andres Escobar. You will enjoy residence in this gracious one bedroom with a spacious living room/dining area and dual access to the bathroom from both the bedroom and the entry foyer. The rooms are generously sized and have hardwood strip floors and large windows offering excellent light. The kitchen has stainless steel appliances including a Viking refrigerator and microwave, glass block backsplash, under cabinet lighting, GE oven/stove and marble counters and a breakfast bar on the living room side. There is a stacked Bosch washer/dryer in the home and wall mounted thermostats in both the living room and the bedroom for individual monitoring of the heating/air-conditioning. Indulge yourself in the building amenities including a state of the art fitness center, sauna, residents' lounge with billiard table, media room, roof terrace with grilling stations, dining tables and spectacular panoramic views of Manhattan. There is a resident super, 24/7 Concierge and bicycle storage. The location is ideal: Just 2 blocks to the 7 train only one stop to Grand Central; also conveniently located near the ferry service to 34th Street in Manhattan or to the Brooklyn waterfront. Enjoy fabulous outdoor activities right outside your doorstep one block from Gantry Park which is a part of the Hunters Point Park Conservancy.Take advantage of the low real estate taxes. The 421(a) tax abatement expires in June of 2024. Please contact me to arrange your private viewing.

Features & Amenities

Appliances

Dryer Washer

Building Information

Building THE POWERHOUSE
Total Units 175
Stories 11

Financial Details

Common Charges $709/mo
RE Taxes $384/yr ($32/mo)
Original Price $799,000
Sale Price $840,000

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

$1,526

Avg Days on Market

N/A

New This Week

11

Price Reduced

10%

Sold (30 Days)

10

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 3/27/26, 4:02 AM EST

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Location

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50 2ND Street #720, Long Island City, Queens County • Near 51st Ave/50th Ave

Floor Plans

Floor Plan
MLS® ID: RLS10572175
First Listed: 7/13/2019
Closed: 11/20/2019
Contract Date: 7/13/2019

Listing Courtesy of Halstead dba Brown Harris Stevens Residential Sales LLC - Frances Lucy

Listing Contact: (212) 381-2374

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 3/27/2026 at 8:02 AM UTC

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