Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,585,000

Listed at $1,595,000 · Sold 0.6% below asking · Closed July 21, 2017

5-27 51st Avenue #PH-C
Closed For Sale Condo

$1,595,000

$1,352 per sq ft

5-27 51st Avenue #PH-C

Long Island City, Queens

MLS® #RLS10408663

RLS at REBNY

Listing by Modern Spaces

2

Bedrooms

2

Baths

1,180

Sq. Ft.

2013

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,180 sq ft
Year Built 2013
Ownership Condo
HOA/Common Charges $980/mo
Property Taxes $6,600/yr
Parking Garage
Neighborhood Long Island City
Floor 5 of 5

Property Highlights

  • Exposure: North,South facing
  • Outdoor Space: Rooftop
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 2 Full
Floor 5 of 5
Exposure North,South
Cooling Central Air
Pets Yes
Cross Street 5th Street/Vernon Boulevard
Year Built 2013
Living Area 1,180 sq ft
Parking Garage Available
Block/Lot 33/7502

Listing History

Event Date Price Change
Listed Apr 11, 2017 $1,595,000 -
Currently Apr 24, 2026 $1,595,000 -

Description

Penthouse C is a sundrenched gem in the heart of Hunters Point. This corner unit has floor to ceiling windows in each room, which allows in great natural light all day. When you first enter, you are immediately impressed by the open kitchen which is equipped with a combination of Miele, Liebherr, and Bertazonni stainless steel appliances. Leading in to the living room is a gorgeous gray Ceaserstone countertop, which compliments the custom dark walnut Pedini cabinetry. Step out of the living room on to an impressive private roof deck equipped with a natural gas grill. This is a true extension of the living space. Wide plank grey oak hardwood flooring throughout give the apartment a modern edge. The master and guest bathrooms are outfitted with Italian mosaic and natural stone tiles and are finished with Kohler and Duravit fixtures. Both have heated floors. Washer/dryer in unit. Central air throughout. Purchase price includes a large indoor deeded parking spot.

Five27 is a boutique condominium designed with timeless architecture
that is simultaneously modern, urban and refined. The unique lobby offers a comfortable lounge and seating area with a warm inviting fireplace, cable TV, and wifi. Work out in the fully equipped gym or head to the roof deck to take in the view, have a barbeque or simply relax. For the utmost in safety and convenience, a virtual doorman is at your service. Located just a few blocks for the subway, Gantry Park on the water, and all of the amazing eateries and hangouts that Long Island City has to offer.

Call or email to set up a private viewing.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Building Roof Deck Rooftop

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $980/mo
RE Taxes $6,600/yr ($550/mo)
Sale Price $1,585,000

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

164

Median Asking Price

$1.20M

Median $/Sqft

$1,525

Avg Days on Market

N/A

New This Week

6

Price Reduced

18%

Sold (30 Days)

12

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/24/26, 1:40 AM EST

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Location

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5-27 51st Avenue #PH-C, Long Island City, Queens County • Near 5th Street/Vernon Boulevard

Building Information

Official NYC property records for this building

2012
Year Built
14 years old
5
Floors
27
Residential Units
M1-4/R6B
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $2,837,264
Land Value: $349,661
Exemptions: $1,625,933

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

Lot Area: 10,538 SF
Building Area: 22,991 SF
Built FAR: 2.18
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 $980 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $6,600, or roughly $550 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 1,180 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2013, making it approximately 13 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.

Pet policy requires confirmation with the listing broker.

At the current list price of $1,595,000 for 1,180 sq ft, the asking price per square foot is approximately $1,352. 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: RLS10408663
First Listed: 4/11/2017
Closed: 7/21/2017
Contract Date: 4/11/2017

Listing Courtesy of Modern Spaces - Christina DeCurtis

Listing Contact: (646) 290-4059

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 5:40 AM UTC

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