2-40 51st Avenue #2L
MLS® #RLS10707326
Listing by The Corcoran Group
1
Bedroom
1
Bath
740
Sq. Ft.
2007
Year Built
Quick Summary
Property Highlights
- Exposure: North facing
- Outdoor Space: Balcony
- Climate Control: Wall Units
Property Details
Description
With 740 interior square feet plus a large balcony, offered at $799,999, $1,081 per square foot, unit 2L is an excellent value for the Hunters Point waterfront area and a great opportunity for you to enter the Long Island City condominium market, where a new development in the same neighborhood, is offering a 531 square foot one bedroom unit for $850,000, $1,601 per square foot. Unit 2L comes with an as-of-right 421a property tax exemption through June 30, 2024.
Unit 2L features large floor to ceiling windows, beautiful strip flooring and a high-efficiency Bosch washer and dryer.
The chefs kitchen offers a large black quartz island and a full height glass backsplash. There is a Jenn-Air stainless steel appliance package, including a 4-burner free standing vented gas range, an over-the-range microwave, a KitchenAid refrigerator with a large freezer drawer and a Bosch dishwasher. The kitchen has premium cabinets with upper open cabinets and underlighting facing the living room. The bedroom comfortably accommodates a king size bed and includes a closet with a custom shelving system. The bath offers a deep soaking tub, Kohler fixtures and tile clad floors and walls. The ceiling height in the main rooms are approximately 9 feet.
The Foundry Condominium was built in 2008. The building consists of 4 floors and 57 residential units. Building amenities include an expansive lobby with high ceilings, a concierge, an onsite resident manager, a package room, a large fitness center on the ground floor, bicycle storage and an expansive common outdoor terrace on the mezzanine level. The Foundry is pet friendly.
Location. Location. Location. You are located on a quiet street on 51st Avenue west of 5th Street. You are only 2 blocks to the NYC Ferry, 2 blocks to the number 7 train (one stop to Grand Central Terminal) and 2 blocks to the award-winning Gantry Plaza State Park, Hunters Point South Park and the Steven Holl Architects designed Hunters Point Library. You are one block to Vernon Boulevard with all its great shops, bars and restaurants including Casa Enrique, Cafe Henri, Domaine, Tournesol and so many others such as Trader Joe's and Target.
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
169
Median Asking Price
$1.20M
Median $/Sqft
$1,524
Avg Days on Market
N/A
New This Week
13
Price Reduced
16%
Sold (30 Days)
13
Median Sale Price
$1.27M
Live data from RLS at REBNY • Updated 4/19/26, 12:34 PM EST
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Location
2-40 51st Avenue #2L, Long Island City, Queens County • Near 2 STREET and 5 STREET
Floor Plans
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Listing Courtesy of The Corcoran Group - Patrick W Smith
Listing Contact: (212) 380-8184
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RLS Data display by Keller Williams NYC. Data last updated on 4/19/2026 at 4:34 PM UTC