Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
5-12 51st Avenue #2-A
Interested in this property?
Active For Sale Condo

$895,000

$1,254 per sq ft

5-12 51st Avenue #2-A

Long Island City, Queens

MLS® #RLS20062900

RLS at REBNY

Listing by Modern Spaces

1

Bedroom

1

Bath

714

Sq. Ft.

2017

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 714 sq ft
Year Built 2017
Ownership Condo
HOA/Common Charges $390/mo
Property Taxes $7,260/yr
Neighborhood Long Island City
Floor 2 of 4

Property Highlights

  • Exposure: North facing
  • Style: Loft architecture
  • Climate Control: Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 2 of 4
Exposure North
Cooling Other
Pets Yes
Cross Street 5th Street/Vernon Boulevard
Year Built 2017
Living Area 714 sq ft
Architectural Style Loft
Block/Lot 0034/0029

Listing History

Event Date Price Change
Listed Dec 8, 2025 $950,000 -
Currently May 4, 2026 $895,000 -5.8%

Description

Unit 2A features a huge open kitchen with a massive countertop, perfect for cooking, dining, and entertaining. The home offers high ceilings that enhance the sense of space and openness, along with tons of storage throughout the apartment, including generous kitchen cabinetry.

Large windows fill the home with bright natural light, creating a warm and inviting living environment throughout the day.

Additional conveniences include a large Samsung washer and dryer located in a separate laundry room, providing both functionality and extra storage.

Thoughtfully designed with comfort and practicality in mind, Unit 2A combines an expansive kitchen, abundant storage, and modern appliances with bright natural light to create an ideal living space.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed In Unit

Exterior Features

Building Storage Building Roof Deck

Appliances

Dryer Washer

Building Information

Building Data View Compliance & Permits
Total Units 5
Stories 4
Style Loft

Financial Details

Common Charges $390/mo
RE Taxes $7,260/yr ($605/mo)
Original Price $950,000
Previous Price $950,000

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

170

Median Asking Price

$1.20M

Median $/Sqft

$1,517

Avg Days on Market

N/A

New This Week

20

Price Reduced

20%

Sold (30 Days)

5

Median Sale Price

$1.21M

Live data from RLS at REBNY • Updated 5/4/26, 1:46 PM EST

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Location

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5-12 51st Avenue #2-A, Long Island City, Queens County • Near 5th Street/Vernon Boulevard

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2008
Year Built
18 years old
4
Floors
5
Residential Units
M1-4/R6B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $884,700
Land Value: $82,350
Exemptions: $0

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

Lot Area: 2,500 SF
Building Area: 6,961 SF
Built FAR: 2.78
Allowed FAR: 2

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 $390 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $7,260, or roughly $605 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 714 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2017, making it approximately 9 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 $895,000 for 714 sq ft, the asking price per square foot is approximately $1,254. 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: RLS20062900
First Listed: 12/8/2025
On Market: 12/8/2025
Price Changed: 3/11/2026
Contract Date: 12/8/2025

Listing Courtesy of Modern Spaces - Jee Young Park

Listing Contact: (212) 210-6666

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 5/4/2026 at 5:46 PM UTC

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