Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,600,000

· Closed July 25, 2023

2-17 51st Avenue #416
Closed For Sale Condo

$1,600,000

$1,179 per sq ft

2-17 51st Avenue #416

Long Island City, Queens

MLS® #RLS10869966

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

1,357

Sq. Ft.

1906

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,357 sq ft
Year Built 1906
Ownership Condo
HOA/Common Charges $1,096/mo
Property Taxes $4,284/yr
Neighborhood Long Island City
Floor 4 of 11

Property Highlights

  • Views: City
  • Exposure: East,North,West facing
  • Style: Prewar,Loft architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 4 of 11
View City
Exposure East,North,West
Cooling Central Air
Pets Yes
Cross Street 51st Avenue/50th Avenue
Year Built 1906
Living Area 1,357 sq ft
Architectural Style Prewar,Loft
Block/Lot 16/7501

Description

Welcome to unit 416 at the Powerhouse. This is an oversized 1357 sqft 2 bedroom condo apartment that includes a nearly 20 20 living room and large 18 13 primary bedroom suite. The unit boasts incredible features like 12'6" ceilings, oversized windows with western and bright eastern exposure, Hunter Douglas custom motorized shades in all rooms, modern electric fireplace, recessed lighting throughout, separate entryway, custom kitchen cabinetry, hardwood floors and many others. The entire kitchen and living room was completely renovated with top of the line appliances. The open chef's kitchen has 30 inch LG StudioSmart ThinQ gas range, 36 inch LG ThinQ Wi-Fi smart refrigerator, Bertazzoni over the range hood, Sharp convection microwave and 2 Fisher and Paykel dishwashers. Bosh washer & dryer. The spacious primary bedroom features a fully built out walk-in closet and en-suite bath with floating Italian double sinks as well as an overhead rain shower, Kohler sink and Grohe Fixtures. The second bedroom is also outfitted with custom closets and recessed lighting. The Powerhouse is a full service building offering 24 hours doorman & concierge, live in super, a state of the art fitness center, lounge, business center, free WIFI, children's playroom, library, pool table, cold storage for your groceries, landscaped roof deck with 4 barbecue grills and panoramic Manhattan skyline views. His and hers locker rooms feature dry sauna, steam room and showers. Storage bins and bike storage are also available for an additional fee. The Powerhouse was developed by highly recognized architect Karl Fischer along with Andres Escobar. The building is located only steps away to Gantry State Park and Vernon Boulevard where you can find bars, restaurants, supermarkets and only 3 blocks to 7 train, Vernon Jackson station. There is 15 year 421A tax abatement in place until June 30th of 2024. This unit is in pristine condition and is move in ready. Please email Exclusive listing agent to schedule private viewings.

Features & Amenities

Interior Features

Dining Area Entrance Foyer Building Washer Dryer Install Allowed

Exterior Features

Building Roof Deck

Appliances

Dryer Washer

Building Information

Stories 11
Style Prewar,Loft

Financial Details

Common Charges $1,096/mo
RE Taxes $4,284/yr ($357/mo)
Sale Price $1,600,000
Previous Price $1,725,000

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

168

Median Asking Price

$1.20M

Median $/Sqft

$1,525

Avg Days on Market

N/A

New This Week

12

Price Reduced

16%

Sold (30 Days)

14

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/18/26, 11:24 AM EST

Similar Listings in Long Island City

View All

Location

Loading map...

2-17 51st Avenue #416, Long Island City, Queens County • Near 51st Avenue/50th Avenue

Floor Plans

Floor Plan
MLS® ID: RLS10869966
First Listed: 1/25/2023
Price Changed: 7/25/2023
Closed: 7/25/2023
Contract Date: 1/24/2023

Listing Courtesy of Compass - Bene Sarvary

Listing Contact: (917) 362-8286

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 4/18/2026 at 3:24 PM UTC

Buying a Condo? Start Here

Complete Guide to Queens Real Estate 2026

Neighborhoods, pricing, commutes, and investment across Queens.

Read article

Long Island City: Complete 2026 Guide

LIC's luxury highrises, pricing, and Manhattan commute comparison.

Read article

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton