Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $875,000

· Closed September 6, 2018

2-26 50th Avenue #4-B
Closed For Sale Condo

$875,000

$1,125 per sq ft

2-26 50th Avenue #4-B

Long Island City, Queens

MLS® #RLS10049460

RLS at REBNY

Listing by Modern Spaces

1

Bedroom

1

Bath

778

Sq. Ft.

2011

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 778 sq ft
Year Built 2011
Ownership Condo
HOA/Common Charges $644/mo
Property Taxes $528/yr
Parking Garage
Neighborhood Long Island City
Floor 4 of 12

Property Highlights

  • Exposure: South,West facing
  • Outdoor Space: Balcony
  • Climate Control: Wall Units

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 4 of 12
Exposure South,West
Heating Electric
Cooling Wall Units
Pets Yes
Cross Street 2nd Street/5th Street
Year Built 2011
Living Area 778 sq ft
Parking Garage Available
Block/Lot 16/38

Listing History

Event Date Price Change
Listed Feb 28, 2018 $875,000 -
Price Reduced Apr 26, 2018 $898,000 +2.6%

Description

UNSURPASSED BRIGHT CORNER 1-BEDROOM W/BALCONY CLOSE TO LIC WATERFRONT
2-26 50th Avenue, 4B, Long Island City
Open House
Mar 4, 2018: 11:00AM to 12:30PM
DESCRIPTION
If you?re looking for a taste of the charmed and inspired lifestyle that LIC is known for, then THE YARD is for you. Under a two-block radius are the waterfront recreation areas, paths & Gantry Park plus the quick ferry access across the East River into Manhattan, The YARD is high on style and convenience while maintaining a low-key but enviable way of living. The 83-unit condominium?s optimal location is also within a block of the Vernon/Jackson 7 train?s direct 1-stop to Grand Central and is also bordered by Vernon Blvd?s quaint cafes & restaurants and other proficient shopping locales. With an Urban Market just around the corner, as well as Food Cellar & Duane Reade nearby, you will be in the hub for all personal, social and active highlights of the best that LIC can offer

This is your opportunity to own one of the largest and brightest 1-bedroom units w/ a balcony at THE YARD, a highly sought residence in LIC. And apt 4B will delight and entice you with its corner, very private southwest facing layout that boasts an extremely efficient 778 SF. This cheery apt promotes a laid back lifestyle while enjoying the richness of the sizeable space with all its high quality finishes. It features a large living room with its over-sized windows offering double exposure and access to a private balcony of 59 SF with a corner open view. Solid oak floors, high ceilings throughout and an in-unit Bosch washer/dryer provide a remarkable blend of true comfort and luxury.

The chef?s open kitchen has added light through its window, features top-of-the-line stainless steel appliances including a dishwasher, crisp lacquered white cabinets and a Carrera tiled ?eat-at? countertop. The spacious, bright bedroom with a wall of ample closets also allows enough room for a separate relaxation space and the adjacent bathroom has upscale fixtures in its modern and sleek design.

Tax abatement until 2026.

Unparalleled details throughout the building will keep you smiling and inspire your creative side as reclaimed wood from old rail yards accent the lobby and give a unique feel upon entry. The Yard has two communal terraces for their residents as the 3rd floor deck has hammocks off an entertainment/lounge area. And the roof deck is furnished with BBQ grills for rooftop dining and lounging chairs for sun bathing and city gazing. Additional building amenities include a fitness room and a full-time doorman. Make your date to view 4B and see how you can indulge in this fantastic lifestyle!

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Wheelchair Access

Exterior Features

Building Garden Balcony Building Roof Deck Balcony

Appliances

Dryer Washer

Building Information

Stories 12

Financial Details

Common Charges $644/mo
RE Taxes $528/yr ($44/mo)
Sale Price $875,000
Previous Price $898,000

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

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, 9:22 AM EST

Similar Listings in Long Island City

View All

Location

Loading map...

2-26 50th Avenue #4-B, Long Island City, Queens County • Near 2nd Street/5th Street

Building Information

Official NYC property records for this building

2010
Year Built
16 years old
12
Floors
83
Residential Units
M1-5/R8A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $8,913,145
Land Value: $384,751
Exemptions: $1,386,900

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

Lot Area: 20,128 SF
Building Area: 94,943 SF
Built FAR: 4.72
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 $644 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $528, or roughly $44 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 778 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2011, making it approximately 15 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.

Pet policy requires confirmation with the listing broker.

At the current list price of $875,000 for 778 sq ft, the asking price per square foot is approximately $1,125. 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: RLS10049460
First Listed: 2/28/2018
Price Changed: 4/26/2018
Closed: 9/6/2018
Contract Date: 2/28/2018

Listing Courtesy of Modern Spaces - Mae Liew

Listing Contact: (718) 784-1110

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 4/23/2026 at 1:22 PM UTC

Buying a Condo? Start Here

Complete Guide to Queens Real Estate 2026

Neighborhoods, pricing, commutes, and investment across Queens.

Read article

Long Island City: Complete 2026 Guide

LIC's luxury highrises, pricing, and Manhattan commute comparison.

Read article

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton