Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $799,000

· Closed August 27, 2013

17-02 51st Avenue #417
Closed For Sale Condo

$799,000

$789 per sq ft

17-02 51st Avenue #417

Long Island City, Queens

THE POWERHOUSE

MLS® #RLS10051332

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

1,013

Sq. Ft.

1890

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 1,013 sq ft
Year Built 1890
Ownership Condo
HOA/Common Charges $638/mo
Property Taxes $396/yr
Parking Garage
Neighborhood Long Island City
Floor 4 of 11

Property Highlights

  • Exposure: North facing
  • Outdoor Space: Building Terrace
  • Style: Prewar architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 1 Full
Floor 4 of 11
Exposure North
Cooling Central Air
Pets Yes
Cross Street 51st Avenue & 50th Avenue
Year Built 1890
Living Area 1,013 sq ft
Parking Garage Available
Architectural Style Prewar

Listing History

Event Date Price Change
Listed Sep 4, 2013 $799,000 -
Price Reduced May 29, 2018 $782,500 -2.1%

Description

Very spacious convertible 2 bedroom at the most sought after condo conversion in Long Island City, The Powerhouse. Large Bedroom with excellent closet space. Home office area with wall already up. Open kitchen with ceaserstone counters, breakfast bar, and top of the line appliances. Washer/Dryer. Oversized windows, high ceilings, and American Walnut floors. The Powerhouse Condominium has a 24hour doorman/concierge, full gym, pool table, theater room, bike storage, refrigerated storage, sauna, steam room, jacuzzi, rooftop with grills and sundeck. Parking is also available on site. A quick block away from the 7 train and just one stop to Grand Central. Updates to the apartment include beautiful living room built ins, kitchen sink disposal, ceiling lights and ceilings fans in the bedrooms, and custom window treatments in the living and master bedroom.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Roof Deck Building Terrace

Building Information

Financial Details

Common Charges $638/mo
RE Taxes $396/yr ($33/mo)
Sale Price $799,000
Previous Price $782,500

Long 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 Neighborhood

Active Listings

168

Median Asking Price

$1.20M

Median $/Sqft

$1,519

Avg Days on Market

N/A

New This Week

9

Price Reduced

18%

Sold (30 Days)

10

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/25/26, 7:58 AM EST

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Location

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17-02 51st Avenue #417, Long Island City, Queens County • Near 51st Avenue & 50th Avenue

Floor Plans

Floor Plan
Floor Plan

Building Information

Official NYC property records for this building

1909
Year Built
117 years old
11
Floors
177
Residential Units
M1-5/R8A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $11,629,786
Land Value: $504,900
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 28,724 SF
Building Area: 199,706 SF
Built FAR: 6.95
Allowed FAR: 6.02

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

Frequently Asked Questions

Common questions about this property

The current listed common charges are $638 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $396, or roughly $33 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 1,013 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1890, making it approximately 136 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.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $799,000 for 1,013 sq ft, the asking price per square foot is approximately $789. 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 mcoste@kwnyc.com. 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) 416-7433
MLS® ID: RLS10051332
First Listed: 9/4/2013
Price Changed: 5/29/2018
Closed: 8/27/2013
Contract Date: 9/3/2013

Listing Courtesy of The Corcoran Group - Amanda Tarter

Listing Contact: (212) 500-1900

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 4/25/2026 at 11:58 AM UTC

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