Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $885,000

· Closed May 1, 2019

2 50TH Avenue #5G
Closed For Sale Condo

$885,000

$1,250 per sq ft

2 50TH Avenue #5G

Long Island City, Queens

YARD, THE

MLS® #RLS10520271

RLS at REBNY

Listing by Halstead dba Brown Harris Stevens Residential Sales LLC

1

Bedroom

1

Bath

708

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 708 sq ft
Year Built N/A
Ownership Condo
HOA/Common Charges $662/mo
Property Taxes $468/yr
Parking Garage
Neighborhood Long Island City

Property Highlights

  • Exposure: West facing
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Exposure West
Pets Yes
Cross Street 2nd Street/5th Street
Living Area 708 sq ft
Parking Garage Available

Listing History

Event Date Price Change
Listed Feb 4, 2019 $885,000 -
Currently Apr 23, 2026 $885,000 -

Description

This spacious and well-designed 1-bedroom at The Yard Condominium is available for purchase in one of the most desirable areas in all of Long Island City!

This unit boasts 708 sq.ft. of interior space, with an additional 47 sq.ft. balcony perfect for relaxing in the evenings or enjoying your morning coffee. The kitchen features Italian Caesarstone countertops and backsplash, as well as high-end stainless steel appliances from Fisher & Paykel and KitchenAid. The bedroom is large enough to fit a king-sized bed and additional furniture, and it boasts excellent closet space. Solid white oak wood floors throughout and Bosch washer/dryer in the unit add to the quality and luxury of this peaceful space.

Situated just two blocks to the beautiful East River waterfront, parks, and ferry, and one block from the Vernon-Jackson 7 subway stop, the location of this building is one of the best in the neighborhood. The Yard Condominium includes some of the most expansive amenities in Long Island City, including a rooftop with grills and jaw-dropping views of NYC as well as a life-sized chess board, a fitness center, a community/entertainment room with a terrace, bike storage, and parking available for rent. 7 day a week doorman services nicely round out the amenity features of this boutique luxury building. The Yard boasts some of the lowest common charges in LIC, and tax abatement is in place until 2027.

LIC is one of the hottest neighborhoods in New York City, and this beautiful, mint condition unit is in the heart of it all.

Features & Amenities

Appliances

Dryer Washer

Building Information

Building YARD, THE
Total Units 83
Stories 12

Financial Details

Common Charges $662/mo
RE Taxes $468/yr ($39/mo)
Sale Price $885,000

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, 4:26 AM EST

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Location

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2 50TH Avenue #5G, Long Island City, Queens County • Near 2nd Street/5th Street

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

2012
Year Built
14 years old
12
Floors
199
Residential Units
M1-5/R8A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $27,476,550
Land Value: $2,259,900
Exemptions: $5,380,891

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

Lot Area: 25,109 SF
Building Area: 172,993 SF
Built FAR: 6.89
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 $662 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $468, or roughly $39 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 708 square feet. Verify dimensions independently during due diligence.

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 $885,000 for 708 sq ft, the asking price per square foot is approximately $1,250. 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: RLS10520271
First Listed: 2/4/2019
Closed: 5/1/2019
Contract Date: 2/4/2019

Listing Courtesy of Halstead dba Brown Harris Stevens Residential Sales LLC - Jonna Stark

Listing Contact: (917) 696-3698

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 8:26 AM UTC

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