Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,400,000

· Closed July 28, 2025

50-01 5th Street #PH-4A
Looking for something similar?
Closed For Sale Condo

$2,400,000

$1,556 per sq ft

50-01 5th Street #PH-4A

Long Island City, Queens

MLS® #RLS20018169

RLS at REBNY

Listing by Modern Spaces

2

Bedrooms

2

Baths

1,542

Sq. Ft.

2009

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,542 sq ft
Year Built 2009
Ownership Condo
HOA/Common Charges $1,126/mo
Property Taxes $16,752/yr
Neighborhood Long Island City
Floor 4 of 4

Property Highlights

  • Exposure: East,North,West facing
  • Outdoor Space: Terrace
  • Fireplace: 1 fireplace

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 4 of 4
Exposure East,North,West
Heating Electric, Fireplaces
Cooling Central Air
Pets Yes
Cross Street 49th Street/50th Street
Year Built 2009
Living Area 1,542 sq ft
Architectural Style Loft
Block/Lot 33/28

Description

PENTHOUSE| One- of-a- Kind Indoor- Outdoor Oasis in the Heart of LIC | Convertible 3BR 2BA | 1,542 sq ft interior 1,122 sq ft private terrace| Exclusive floor

Welcome to this unique gem of a penthouse in the heart of LIC. A sprawling 1,542 sf home offering true indoor-outdoor living with an additional 1,122sf private terrace. Set on its own private floor, this is the only residence with the building's fitness center, like having a personal gym right outside your door. This convertible 3 bedroom, 2 bathroom residence offers incredible flexibility, privacy, space, making it the perfect sanctuary for those seeking luxury and convenience.

Step inside to discover an expansive open layout with oversized windows and skylights that flood the space with natural light all day. Enjoy the warmth and charm of a custom gas fireplace in the oversized living room. The chef's kitchen features sleek cabinetry and abundant storage throughout, premium stainless steel appliances, vented hood and a generous island perfect for entertaining 5 or 50. The flexible layout allows for a third bedroom, home office or media room to suit your needs. The spacious laundry room includes new washer and dryer.

The master bedroom is exceptionally large, easily fits a king sized bed with much more room to spare. Thoughtfully designed with whole wall of custom floor-to-ceiling closets. Large upgraded master bath that includes double vanities and more closets. The second bedroom also offers generous space and oversized windows with abundant sunlight.

The 1122sf massive private terrace, equipped with water and electric hookups and a custom-built pergola with lighting, ideal for outdoor dining, lounging, gardening or hosting unforgettable gatherings.

Located in the vibrant heart of Long Island City, just steps away from waterfront parks, restaurants, ferry and train, supermarket. This is a rare opportunity to own a truly unique home.

Features & Amenities

Interior Features

Den Kitchen Window Building Washer Dryer Install Allowed In Unit Fireplace (1)

Exterior Features

Building Storage Building Roof Deck Private Outdoor Space Under60 Sqft Terrace

Building Amenities

Elevators

Appliances

Dryer Washer

Building Information

Stories 4
Style Loft

Financial Details

Common Charges $1,126/mo
RE Taxes $16,752/yr ($1,396/mo)
Original Price $2,588,000
Sale Price $2,400,000
Previous Price $2,588,000

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

153

Median Asking Price

$1.20M

Median $/Sqft

$1,528

Avg Days on Market

N/A

New This Week

10

Price Reduced

8%

Sold (30 Days)

10

Median Sale Price

$1.38M

Live data from RLS at REBNY • Updated 3/25/26, 4:32 AM EST

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Location

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50-01 5th Street #PH-4A, Long Island City, Queens County • Near 49th Street/50th Street

MLS® ID: RLS20018169
First Listed: 4/22/2025
On Market: 4/21/2025
Price Changed: 8/27/2025
Closed: 7/28/2025
Contract Date: 4/21/2025

Listing Courtesy of Modern Spaces - Chingching Yeung

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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/25/2026 at 8:32 AM UTC

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