Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,560,000

Listed at $1,588,000 · Sold 1.8% below asking · Closed August 16, 2016

2-17 51st Avenue #615
Closed For Sale Condo

$1,588,000

$1,236 per sq ft

2-17 51st Avenue #615

Long Island City, Queens

MLS® #RLS10074259

RLS at REBNY

Listing by Modern Spaces, LLC

2

Bedrooms

2.5

Baths

1,285

Sq. Ft.

1906

Year Built

Quick Summary

Bedrooms 2
Bathrooms 3 full, 1 half
Living Area 1,285 sq ft
Year Built 1906
Ownership Condo
HOA/Common Charges $770/mo
Property Taxes $456/yr
Neighborhood Long Island City
Floor 6 of 11

Property Highlights

  • Exposure: East facing
  • Style: Prewar architecture
  • Climate Control: Wall Units

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full, 1 Half
Floor 6 of 11
Exposure East
Heating Electric
Cooling Wall Units
Pets Yes
Cross Street 51st Avenue/50th Avenue
Year Built 1906
Living Area 1,285 sq ft
Architectural Style Prewar
Block/Lot 16/7501

Listing History

Event Date Price Change
Listed Aug 27, 2013 $1,588,000 -
Price Reduced Apr 8, 2016 $1,095,000 -31.0%

Description

We are pleased to offer an opportunity to own a convertible 3 bedroom 2 and half bath home in the highly coveted Powerhouse Condominium of Long Island City. This bright and expansive 1285 sq. ft. duplex loft unit features 20 ft ceilings and arched windows facing the eastern sunrise. The large second floor mezzanine which overlooks the great room living space, has it?s own private entrance with plentiful closets including a walk in closet and a half bath. The main level features the great room, the master bedroom and a large home office with a customized frosted glass door and a custom built in closet which creates a very modern 3 bed loft. The master bedroom benefits from high ceilings, a master bath and a walk in closet. American walnut wood floors throughout, washer dryer, modern baths and a gourmet kitchen that has spacious white lacquer cabinetry, deep brown accents, green glass back splashes, stainless steel appliances and quartzite counter-tops. This home has several built-ins for extra storage such as customized closets, recessed medicine cabinets in the bathrooms. There are also designer lighting fixtures in the main room and master bathroom with Lutron panel dimmers.

The building amenities include 24/7 concierge, cold storage, lounge area equipped with pool table, plasma TV and a wet bar. There is also a children?s playroom, free building-wide WiFi and a full-service business center. Brick exposed walls in a state-of-the-art fitness center, and an Aqua Grotto: a water oriented social common space designed by American Leisure Corp that has a large whirlpool and waterfall and steam saunas. Residents enjoy panoramic views from the roof top including outdoor grills and seating, perfect for entertaining. On site bike storage, personal storage units and parking are available.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed New Windows

Exterior Features

Building Roof Deck

Building Information

Financial Details

Common Charges $770/mo
RE Taxes $456/yr ($38/mo)
Sale Price $1,560,000
Previous Price $1,095,000

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

$1,524

Avg Days on Market

N/A

New This Week

7

Price Reduced

18%

Sold (30 Days)

12

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/24/26, 9:34 AM EST

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Location

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2-17 51st Avenue #615, 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 $770 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $456, or roughly $38 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 1,285 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 $1,588,000 for 1,285 sq ft, the asking price per square foot is approximately $1,236. 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: RLS10074259
First Listed: 8/27/2013
Price Changed: 4/8/2016
Closed: 8/16/2016
Contract Date: 4/8/2016

Listing Courtesy of Modern Spaces, LLC - Reyn Rossington

Listing Contact: (917) 455-8864

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 1:34 PM UTC

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