50-01 5th Street #PH-4A
MLS® #RLS20018169
Listing by Modern Spaces
2
Bedrooms
2
Baths
1,542
Sq. Ft.
2009
Year Built
Quick Summary
Property Highlights
- Exposure: East,North,West facing
- Outdoor Space: Terrace
- Fireplace: 1 fireplace
Property Details
Description
PENTHOUSE| One- of-a- Kind Indoor- Outdoor Oasis in the Heart of LIC | Convertible 3BR 2BA | 1,542 sq ft interior 1,122 sq ft private terrace| Exclusive floor
Welcome to this unique gem of a penthouse in the heart of LIC. A sprawling 1,542 sf home offering true indoor-outdoor living with an additional 1,122sf private terrace. Set on its own private floor, this is the only residence with the building's fitness center, like having a personal gym right outside your door. This convertible 3 bedroom, 2 bathroom residence offers incredible flexibility, privacy, space, making it the perfect sanctuary for those seeking luxury and convenience.
Step inside to discover an expansive open layout with oversized windows and skylights that flood the space with natural light all day. Enjoy the warmth and charm of a custom gas fireplace in the oversized living room. The chef's kitchen features sleek cabinetry and abundant storage throughout, premium stainless steel appliances, vented hood and a generous island perfect for entertaining 5 or 50. The flexible layout allows for a third bedroom, home office or media room to suit your needs. The spacious laundry room includes new washer and dryer.
The master bedroom is exceptionally large, easily fits a king sized bed with much more room to spare. Thoughtfully designed with whole wall of custom floor-to-ceiling closets. Large upgraded master bath that includes double vanities and more closets. The second bedroom also offers generous space and oversized windows with abundant sunlight.
The 1122sf massive private terrace, equipped with water and electric hookups and a custom-built pergola with lighting, ideal for outdoor dining, lounging, gardening or hosting unforgettable gatherings.
Located in the vibrant heart of Long Island City, just steps away from waterfront parks, restaurants, ferry and train, supermarket. This is a rare opportunity to own a truly unique home.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Long Island City
View All Long Island City ListingsLong 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 NeighborhoodActive Listings
167
Median Asking Price
$1.20M
Median $/Sqft
$1,524
Avg Days on Market
N/A
New This Week
11
Price Reduced
16%
Sold (30 Days)
15
Median Sale Price
$1.27M
Live data from RLS at REBNY • Updated 4/17/26, 8:23 AM EST
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Location
50-01 5th Street #PH-4A, Long Island City, Queens County • Near 49th Street/50th Street
Listing Data
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Market Data
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Map & Location
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Listing Courtesy of Modern Spaces - Chingching Yeung
Listing Contact: (718) 784-1110
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RLS Data display by Keller Williams NYC. Data last updated on 4/17/2026 at 12:23 PM UTC