Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $875,000

· Closed November 3, 2016

26-02 50th Avenue #7I
Closed For Sale Condo

$875,000

$1,112 per sq ft

26-02 50th Avenue #7I

Long Island City, Queens

Yard, The

MLS® #RLS10070483

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

787

Sq. Ft.

2011

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 787 sq ft
Year Built 2011
Ownership Condo
HOA/Common Charges $631/mo
Property Taxes $516/yr
Parking Garage
Neighborhood Long Island City
Floor 7 of 12

Property Highlights

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

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 7 of 12
Exposure North,South,West
Cooling Wall Units
Pets Yes
Cross Street 2nd Street & 5th Street
Year Built 2011
Living Area 787 sq ft
Parking Garage Available

Listing History

Event Date Price Change
Listed Aug 19, 2016 $895,000 -
Currently Apr 24, 2026 $875,000 -2.2%

Description

IN CONTRACTIn very cool Long Island City, in its hottest neighborhood of Hunters Point, you'll find the highly desirable boutique condominium, The Yard. In this luxurious yet relaxed condominium sits this 787 square foot one bedroom (read: very large), a prized corner apartment with a 59 square foot terrace to look at the East River and glimpse the Manhattan skyline. Or if you prefer, enjoy the views and light through the huge windows throughout the wonderful layout. Enjoy cooking and entertaining with high-end stainless steel appliances in the open kitchen, or if laundry is your thing, a washer-dryer makes that even more pleasurable. Oak floors, stone counter-tops and a luxurious bathroom add to the comforts of a welcoming home.The Yard provides all that a demanding owner would expect in such an inviting condominium: reclaimed wood from old rail yards accent the lobby, a sun-lit gym, an entertainment room, and a landscaped roof deck with barbecue pits and jaw dropping views including Manhattan's skyline. The Yards location is hard to match:two short blocks to the Gantry State Plaza Park and Hunters Point South recreational grounds and waterfront park looking at Manhattan. Restaurants abound, from some of the best of the new (think Ramen) to old-world Italian (yes, I really sat next to Tony Bennett recently), with everything in-between. Superb food shopping almost next-door at Urban Market. And the same for boutique shopping for those in need of clothes therapy.You work in Manhattan? How is one stop the next stop five minutes away! to Grand Central Station on the 7 train only two blocks away?( Or to Times Square and Hudson Yards/ Javits Center in another few).And a tax abatement through 2027 only seals the deal! Come see why this is a home so easy to love.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Courtyard Building Garden Balcony Building Roof Deck Building Terrace Balcony

Building Information

Financial Details

Common Charges $631/mo
RE Taxes $516/yr ($43/mo)
Original Price $895,000
Sale Price $875,000
Previous Price $895,000

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

164

Median Asking Price

$1.20M

Median $/Sqft

$1,525

Avg Days on Market

N/A

New This Week

6

Price Reduced

18%

Sold (30 Days)

12

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/24/26, 6:25 AM EST

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Location

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26-02 50th Avenue #7I, 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 $631 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $516, or roughly $43 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 787 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.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $875,000 for 787 sq ft, the asking price per square foot is approximately $1,112. 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: RLS10070483
First Listed: 8/19/2016
Price Changed: 11/7/2016
Closed: 11/3/2016
Contract Date: 8/19/2016

Listing Courtesy of The Corcoran Group - Seymour Miles

Listing Contact: (212) 897-2856

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 4/24/2026 at 10:25 AM UTC

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