2-17 51st Avenue #505
MLS® #RLS10499011
Listing by Compass
1
Bedroom
1
Bath
757
Sq. Ft.
1906
Year Built
Quick Summary
Property Highlights
- Exposure: South facing
- Style: Prewar architecture
- Climate Control: Central Air
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Sep 24, 2018 | $815,000 | - |
| Currently | Apr 23, 2026 | $815,000 | - |
Description
Beautiful loft-like apartment with a sleeping area/home office at the iconic Powerhouse Condominium in Long Island City! This bright, airy residence in an incredible amenity-rich building features large windows with stretching views, elegant hardwood floors, and an open-concept layout with a large living room and dining room for entertaining. The open kitchen with a big island serves the living area and is nicely appointed with generous cabinets and stainless steel Viking appliances. A spacious sleeping area or home office adds to your flexibility while a full bathroom, convenient in-home washer and dryer, and ample closet space complete the comfort. The Powerhouse was interestingly transformed from the Pennsylvania Railroad Power Station designed by McKim, Mead & White, built in 1909 to provide electricity for trains, and closed in 1920, but original details such as steel beams still abound. The fabulous residential conversion of this industrial building and 4-story rooftop addition, brought to life by architect Karl Fischer, resulted in the creation of 177 luxurious condo units, with interior design by Andres Escobar. Residents enjoy an incredible assortment of services and amenities, including a stunning modern lobby, doorman & concierge services, a live-in super, video intercom, state-of-the-art fitness center, Aqua Grotto spa with a whirlpool, sauna, steam & massage rooms + lockers, a children?s playroom, event/party room, game room with pool table, full-service garage, business center, lounge, screening room, bike storage, and a wonderful rooftop deck with city views, a sunbathing deck, BBQ grills & picnic tables. Located on 51st Avenue in Long Island City, near Gantry Plaza State Park, a 12-acre riverside oasis offering gorgeous views of the Midtown Manhattan skyline as well as playgrounds, playing fields, outdoor concerts, and a dog park (yes, pets are allowed at The Powerhouse!). Food choices abound from riverfront spots like Shi and Maiella, to eateries all along the newly hip Vernon Boulevard. Also minutes away is an assortment of transportation, like the Vernon/Jackson 7 train two blocks away that?s just one stop from Grand Central, the Water Taxi, and 495 to the Midtown Tunnel. Please note: Some pics are virtually staged.
Features & Amenities
Interior Features
Exterior Features
Appliances
Building Information
Financial Details
About Long Island City
View All Long Island City ListingsLong 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 NeighborhoodActive Listings
165
Median Asking Price
$1.20M
Median $/Sqft
$1,526
Avg Days on Market
N/A
New This Week
9
Price Reduced
18%
Sold (30 Days)
13
Median Sale Price
$1.27M
Live data from RLS at REBNY • Updated 4/23/26, 7:45 AM EST
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Location
2-17 51st Avenue #505, Long Island City, Queens County • Near 51st Avenue/50th Avenue
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
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Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $571 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $336, or roughly $28 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 757 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1906, making it approximately 120 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 $815,000 for 757 sq ft, the asking price per square foot is approximately $1,077. 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) 416-7433Listing Courtesy of Compass - Keith Woo
Listing Contact: (646) 508-9635
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 Data display by Keller Williams NYC. Data last updated on 4/23/2026 at 11:45 AM UTC