Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $655,000

· Closed December 3, 2016

5-27 51st Avenue #2-H
Closed For Sale Condo

$655,000

$1,337 per sq ft

5-27 51st Avenue #2-H

Long Island City, Queens

MLS® #RLS10037764

RLS at REBNY

Listing by Modern Spaces, LLC

Studio

1

Bath

490

Sq. Ft.

2013

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 490 sq ft
Year Built 2013
Ownership Condo
HOA/Common Charges $348/mo
Property Taxes $432/yr
Parking Garage
Neighborhood Long Island City

Property Highlights

  • Exposure: South facing
  • Climate Control: Central Air
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Exposure South
Cooling Central Air
Pets Yes
Cross Street 5th Street/Vernon Boulevard
Year Built 2013
Living Area 490 sq ft
Parking Garage Available
Block/Lot 33/7502

Description

Large, sunny, modern studio in a boutique condo.

Unit features:
*In-unit washer/dryer
*Oak floors
*High-end, full-sized kitchen with custom Italian cabinets, dishwasher, and s/s appliances
*Bath with porcelain and glass tiles, and Kohler and Duravit fixtures
*Oversized south-facing windows allowing natural light all day long

The building features:
*24-hour virtual doorman
*Fully equipped fitness center
*Common rooftop terrace with BBQ grill
*Residents lounge
*Bike storage

Five27 is located in one of NYC?s hottest, and most convenient neighborhoods ? Long Island City. The building is 2 blocks away from the 7 train, and is a 3 minute train ride away from Grand Central Terminal and midtown Manhattan. Five27 is located just moments away from the LIC waterfront park, bars, shops, and fine dining.

Tax abatement expires 2028

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Wheelchair Access

Exterior Features

Building Roof Deck

Appliances

Dryer Washer

Building Information

Stories 5

Financial Details

Common Charges $348/mo
RE Taxes $432/yr ($36/mo)
Previous Price $598,000

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

$1,524

Avg Days on Market

N/A

New This Week

12

Price Reduced

10%

Sold (30 Days)

10

Median Sale Price

$1.39M

Live data from RLS at REBNY • Updated 3/28/26, 4:17 PM EST

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Location

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5-27 51st Avenue #2-H, Long Island City, Queens County • Near 5th Street/Vernon Boulevard

Floor Plans

Floor Plan
MLS® ID: RLS10037764
First Listed: 7/26/2016
Price Changed: 8/22/2016
Closed: 12/3/2016
Contract Date: 7/25/2016

Listing Courtesy of Modern Spaces, LLC - Henry Yang

Listing Contact: (413) 348-0828

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 3/28/2026 at 8:17 PM UTC

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