Milton Coste

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(917) 416-7433

SOLD FOR $1,475,000

· Closed December 1, 2022

5-03 50TH Avenue #4B
Closed For Sale Condo

$1,475,000

$1,223 per sq ft

5-03 50TH Avenue #4B

Long Island City, Queens

THE GALAXY

MLS® #RLS10898468

RLS at REBNY

Listing by Brown Harris Stevens Queens LLC

2

Bedrooms

2

Baths

1,206

Sq. Ft.

2006

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,206 sq ft
Year Built 2006
Ownership Condo
HOA/Common Charges $578/mo
Property Taxes $8,028/yr
Neighborhood Long Island City
Floor 4 of 5

Property Highlights

  • Exposure: South facing

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 4 of 5
Exposure South
Pets Yes
Year Built 2006
Living Area 1,206 sq ft

Description

This large and bright 2BR/2BA condo in the heart of Hunters Point LIC is available for purchase! With soaring 11-foot ceilings and Georgian-style sash oversized windows, this 1,206 sq.ft. unit is beautiful and charming and much more unique than your cookie-cutter condos for sale in the area. The South-facing apartment boasts amazing light and an enormous open kitchen/living room floor plan. European base-board heating, Santos Mahogany wood floors, large bedrooms with extensive storage, and even a proper utility room with washer/dryer make this unit feel like home. Even more appealing, this unit has extremely low common charges. The Galaxy Condominium features a 5,000 sq.ft. roof deck with views of Manhattan and Long Island City (perfect for the 4th of July fireworks!), and a virtual video doorman system. Situated on the same block as the 7 train (one stop to Grand Central!) as well as one block to the East River and the gorgeous waterfront parks, this apartment has one of the best locations in all of Long Island City. Restaurants, playgrounds, the East River ferry, grocery stores, bars, coffee shops, schools, daycares, urgent care, and pharmacies are just minutes from your door. The beautiful LIC waterfront is home to a new state-of-the-art library, also just minutes away. This bright, charming, and spacious apartment is like no other unit on the market in LIC. Please schedule a viewing today!

Building Information

Building THE GALAXY
Total Units 12
Stories 5

Financial Details

Common Charges $578/mo
RE Taxes $8,028/yr ($669/mo)
Original Price $1,450,000
Sale Price $1,475,000

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

169

Median Asking Price

$1.20M

Median $/Sqft

$1,524

Avg Days on Market

N/A

New This Week

12

Price Reduced

16%

Sold (30 Days)

13

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/19/26, 12:48 AM EST

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Location

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5-03 50TH Avenue #4B, Long Island City, Queens County

Floor Plans

Floor Plan
MLS® ID: RLS10898468
First Listed: 10/11/2023
Price Changed: 10/11/2023
Closed: 12/1/2022
Contract Date: 6/2/2022

Listing Courtesy of Brown Harris Stevens Queens LLC - Jonna Stark

Listing Contact: (917) 696-3698

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 4/19/2026 at 4:48 AM UTC

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