Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,550,000

· Closed July 2, 2019

2-17 51st Avenue #313
Closed For Sale Condo

$1,550,000

$1,222 per sq ft

2-17 51st Avenue #313

Long Island City, Queens

MLS® #RLS10426158

RLS at REBNY

Listing by Modern Spaces

2

Bedrooms

2

Baths

1,268

Sq. Ft.

1906

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,268 sq ft
Year Built 1906
Ownership Condo
HOA/Common Charges $940/mo
Property Taxes $468/yr
Neighborhood Long Island City
Floor 3 of 11

Property Highlights

  • Exposure: East,South facing
  • Style: Prewar architecture
  • Climate Control: Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 3 of 11
Exposure East,South
Cooling Other
Pets Yes
Cross Street 51st Avenue/50th Avenue
Year Built 1906
Living Area 1,268 sq ft
Architectural Style Prewar
Block/Lot 16/7501

Listing History

Event Date Price Change
Listed Jul 19, 2018 $1,550,000 -
Price Reduced Sep 13, 2018 $1,598,000 +3.1%

Description

Perfect light streams through every oversize window in this luxurious corner apt of 1,268 SF featuring terrific southeast exposure. Ten foot high ceilings give apt 313 delightful airiness while complimented by simulated wood ash ceramic tile flooring exclusively installed throughout. The massive living/dining area feature Kraftmaid built-in shelves and cabinets in hardwood construction and windows that span a full wall?s width. Shades of 35% coverage for each window and 25% Silver tint on each window. Wired for surround sound using Bose wiring. Optional is the 60 gallon Elos fish tanks with 7 year stable ecosystem, outfitted with APEX computer and Reef Octopus protein skimmer - fully automatic. Stylishly designed is the well appointed open gourmet kitchen as enhanced by Schuler kitchen cabinets with hardwood construction and custom soft close interiors. Stunning granite countertop and ceramic tile accent walls. Stainless steel Viking appliances. Bosch washer/dryer with overflow leak shutoff. Energy Star certified Nest thermostats and Nest protect smoke & carbon Monoxide alarms. Legrand outlets.
Both bedrooms are amazingly ample with the huge master bedroom offering lovely corner views. Hidden custom storage in windowsills and custom blackout shades. Again, hardwood Kraftmaid built-in cabinets. The second bedroom comfortably accommodates a queen size bed. California Closet interiors in every closet. Hidden wire channels for entertainment systems in each room.
Ensuite has Porcelanosa tile walls with a walk-in shower and customized medicine cabinet plus double sink vanity and refined finishes. Second bathroom is equally sumptuous with its granite and marble walls and floors, custom vanity plus deep soaking tub.
THE BUILDING: World-renowned architect Karl Fisher and distinguished interior designer Andres Escobar breathe new life into a turn of the century Pennsylvanian Railroad power station transforming it into The Powerhouse, luxury residences on the East River.
AMENITIES: The Powerhouse redefines the meaning of amenities as it propels you into an elevated lifestyle. A 24/7 concierge welcomes you to a sun-drenched, spacious lobby surrounded by soothing white panels and polished concrete floors. Also featured on the main level is a state-of-the-art Fitness centre and just adjacent is The Lounge, equipped with a pool table, plasma tv and a wet bar. Movie night, fully outfitted with cinema-caliber projectors and screen, is offered in the Media Room while The Playroom lends fun time for the little ones. Take in the panoramic cityscape views from the Roof Garden providing BBQ grills, dining areas and a sunning deck. Complimentary wifi throughout the building. Full-service business centre offers multiple work advantages. Cold storage for worry-free grocery deliveries. On-site parking and bicycle storage are both available. Storage space available in a few sizes.
LOCATION: Ideal, being only one block to the Gantry riverside walkways & parks, the 7 train direct by one stop into Grand Central and the quick East River ferry access - all so close by. Popular food markets, banks & Duane Reade are all accessible within a short distance, while Vernon Blvd with all its charming restos, cafes and unique shops is a mere block and a half away. With its perfect location, the Powerhouse brings tranquility, convenience and is one of the most desirable developments in LIC.

Features & Amenities

Interior Features

Entrance Foyer Building Washer Dryer Install Allowed

Exterior Features

Building Roof Deck

Appliances

Dryer Washer

Building Information

Stories 11
Style Prewar

Financial Details

Common Charges $940/mo
RE Taxes $468/yr ($39/mo)
Sale Price $1,550,000
Previous Price $1,598,000

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, 12:49 AM EST

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Location

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2-17 51st Avenue #313, Long Island City, Queens County • Near 51st Avenue/50th Avenue

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1909
Year Built
117 years old
11
Floors
177
Residential Units
M1-5/R8A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $11,629,786
Land Value: $504,900
Exemptions: $0

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

Lot Area: 28,724 SF
Building Area: 199,706 SF
Built FAR: 6.95
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 $940 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 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,268 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1906, making it approximately 120 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 $1,550,000 for 1,268 sq ft, the asking price per square foot is approximately $1,222. 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: RLS10426158
First Listed: 7/19/2018
Price Changed: 9/13/2018
Closed: 7/2/2019
Contract Date: 7/18/2018

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 4:49 AM UTC

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