Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $979,000

· Closed August 29, 2024

2-17 51st Avenue #508
Closed For Sale Condo

$979,000

$1,100 per sq ft

2-17 51st Avenue #508

Long Island City, Queens

MLS® #RLS10965609

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

890

Sq. Ft.

2008

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 890 sq ft
Year Built 2008
Ownership Condo
HOA/Common Charges $782/mo
Property Taxes $3,936/yr
Parking Garage
Neighborhood Long Island City
Floor 5 of 11

Property Highlights

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

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 5 of 11
Exposure South
Heating Forced Air
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 2008
Living Area 890 sq ft
Parking Garage Available
Parking Features Garage, On Site
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Block/Lot 00016/1078

Description

Welcome home to this sun drenched 1-bedroom, 1-bathroom condo located at The Powerhouse Condominium. This 890 square feet home offers a modern and luxurious living experience with south facing light As you step inside, you'll be greeted by an open layout with wall to wall windows and hardwood floors throughout. The southern exposure floods the space with natural light, creating a warm and inviting ambiance. The open kitchen features stainless steel appliances, a gas stove, and a dishwasher, making it a chef's delight. The wall of closets offers ample storage space and the unit is equipped with a Bosch washer / dryer Residents of the Powerhouse enjoy a plethora of amenities, including a sauna, spa, steam room, common roof deck, billiards room, gym, playroom, resident's lounge, screening room, and a concierge service for added convenience. Cold Storage and Bike Room also available Once the Pennsylvania Railroad power station, built in 1909, converted into condos in 2007, The Powerhouse Condominium was redesigned by architect Karl Fischer and internationally-renowned designer Andres Escobar who have combined industrial chic and contemporary styles to transform a turn-of-the-century Long Island City icon into an unparalleled lifestyle opportunity. With its prime location and upscale amenities, this condo offers the perfect blend of comfort and luxury. Don't miss the opportunity to make this your new home.

Features & Amenities

Interior Features

Recessed Lighting Sauna Walk In Closets Common On Floor Common Area In Unit Flooring: Hardwood Double Pane Windows

Appliances

Dishwasher Gas Cooktop Stainless Steel Appliances Washer

Building Information

Total Units 177
Stories 11
Structure HighRise

Financial Details

Common Charges $782/mo
RE Taxes $3,936/yr ($328/mo)
Sale Price $979,000

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

$1,525

Avg Days on Market

N/A

New This Week

12

Price Reduced

16%

Sold (30 Days)

15

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/17/26, 7:28 PM EST

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Location

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2-17 51st Avenue #508, Long Island City, Queens County

Floor Plans

Floor Plan
MLS® ID: RLS10965609
First Listed: 5/16/2024
On Market: 5/16/2024
Closed: 8/29/2024
Contract Date: 5/8/2024

Listing Courtesy of Compass - Eric Thai

Listing Contact: (929) 398-9445

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.

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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 4/17/2026 at 11:28 PM UTC

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