Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,915,000

Listed at $1,985,000 · Sold 3.5% below asking · Closed November 16, 2023

2-40 51st Avenue #1-K
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Closed For Sale Condo

$1,985,000

$1,515 per sq ft

2-40 51st Avenue #1-K

Long Island City, Queens

MLS® #RLS10946183

RLS at REBNY

Listing by Elegran LLC

3

Bedrooms

2

Baths

1,310

Sq. Ft.

2008

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 1,310 sq ft
Year Built 2008
Ownership Condo
HOA/Common Charges $1,696/mo
Property Taxes $7,884/yr
Parking Garage
Neighborhood Long Island City
Floor 1 of 4

Property Highlights

  • Views: City
  • Exposure: East,South,West facing
  • Outdoor Space: Patio, Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths 2 Full
Floor 1 of 4
View City
Exposure East,South,West
Pets Yes
Cross Street 50th Avenue/51st Avenue
Year Built 2008
Living Area 1,310 sq ft
Parking Garage Available
Architectural Style Loft
Block/Lot 15/7501

Description

Welcome to your dream home in the heart of Long Island City. Step outside and discover your own private oasis – a stunning 250-square-foot outdoor patio awaits you with your very own rare, private deeded Parking Space. The outdoor space is perfect for entertaining or simply enjoying a moment of tranquility, this serene space comes with a barbecue grill. As an added bonus, you also have direct access to a rarely used common grassy area spanning over 25,000 square feet, giving you even more room to unwind and savor the outdoors. As you step inside your own private entrance, prepare to be captivated by the loft-like townhouse ambiance that awaits you. Awe-inspiring 20-foot ceilings grace the expansive open living room, dining room, and throughout the entire apartment, while oversized windows flood the space with an abundance of East, South, and West-facing natural light. The floor-to-ceiling wall of windows in this corner unit is simply breathtaking. The gourmet kitchen is a culinary enthusiast's delight, boasting top-of-the-line stainless steel appliances, including a Thermador range/oven, Viking hood, Bosch dishwasher, Double door KitchenAid refrigerator, a built-in wine cooler, and a concealed Washer/Dryer within a stylish wooden cabinet. An impressive 10-foot breakfast center island, crafted with beautiful waterfall Silestone, adds an elegant touch to this open gourmet kitchen. Each of the three bedrooms offers generous space and features large built-in closets, ensuring ample storage. The full bathrooms have been recently fully renovated to create a modern and luxurious atmosphere. The primary bedroom is a haven of relaxation, complete with a massive walk-in closet, oversized windows, and a sparkling ensuite bathroom. The master bathroom indulges you with heated marble floors, elevating your daily routine to one of pure luxury. The Foundry, a luxury investor-friendly condo building constructed in 2008, offers a sense of exclusivity and privacy with only 57 condo units. Residents enjoy a host of amenities, including a part-time doorman, concierge services, a package room, a fitness center, and an expansive common outdoor deck – perfect for enjoying panoramic views of the cityscape. Convenience is at your fingertips with the Vernon/Jackson subway stop just two blocks away, offering easy access to Manhattan via the 7 train. Additionally, the ferry is another fantastic transportation option. Explore the vibrant Hunters Point neighborhood and discover an array of exceptional restaurants, bars, schools, entertainment venues, and shops. Take a leisurely stroll just two blocks to the nearby Gantry Plaza State Park, where you can immerse yourself in the beauty of 12 acres of open space with stunning Manhattan views. From there, you can also hop on a ferry to explore various locations throughout the city. This remarkable home is truly a gem, offering not only luxury and convenience but also the unique opportunity to live in one of Long Island City's most coveted addresses. Don't miss out contact us today to arrange a viewing of this stunning property. Additional features of this property include a dedicated parking space with extra storage. Furthermore, there is a slight savings left in a 15-year tax abatement, which is set to expire in 2024. The taxes listed are close to the unabated taxes and very reasonable as well so you also do not have to worry about big increases in your costs.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed In Unit New Windows

Exterior Features

Building Courtyard Building Roof Deck Patio Terrace

Appliances

Dryer Washer

Building Information

Stories 4
Style Loft

Financial Details

Common Charges $1,696/mo
RE Taxes $7,884/yr ($657/mo)
Sale Price $1,915,000

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

150

Median Asking Price

$1.20M

Median $/Sqft

$1,528

Avg Days on Market

N/A

New This Week

11

Price Reduced

8%

Sold (30 Days)

9

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 3/24/26, 2:01 PM EST

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Location

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2-40 51st Avenue #1-K, Long Island City, Queens County • Near 50th Avenue/51st Avenue

Floor Plans

Floor Plan
MLS® ID: RLS10946183
First Listed: 6/5/2023
On Market: 6/5/2023
Price Changed: 6/5/2023
Closed: 11/16/2023
Contract Date: 6/5/2023

Listing Courtesy of Elegran LLC - Howard Hauptman

Listing Contact: (917) 543-2077

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 3/24/2026 at 6:01 PM UTC

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