Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,035,000

· Closed June 18, 2018

5-43 51st Avenue

$2,035,000

$783 per sq ft

5-43 51st Avenue

Long Island City, Queens

MLS® #RLS10467597

RLS at REBNY

Listing by Compass

3

Bedrooms

3

Baths

2,600

Sq. Ft.

1901

Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 2,600 sq ft
Year Built 1901
Neighborhood Long Island City

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1901)

Property Details

Type Single Family Residence
Total Rooms 11
Baths 3 Full
Cross Street 5th Street/Vernon Boulevard
Year Built 1901
Living Area 2,600 sq ft
Architectural Style Prewar
Block/Lot 33/8

Listing History

Event Date Price Change
Listed Jan 12, 2018 $2,035,000 -
Price Reduced Mar 6, 2018 $2,200,000 +8.1%

Description

This is your once in a lifetime opportunity. Rarely does a brick townhouse, located on one of the most beautiful blocks come on the market in Hunters Point, Long Island City. Within close proximity to the 7 train, public transportation and LIC's best parks this home is waiting for you.

This solid two family home has good bones but needs an interior upgrade. Bring your contractor or interior designer. At 2100 sq. ft. the building is 20 x 35 on a 20 x 100 lot with 1900 buildable sq. ft. still available. Create the single-family home of your dreams. Live in one unit and have an income producing rental to offset your mortgage. The potential is limitless.

This two-family home and its picturesque backyard are waiting for you and your vision

Building Information

Stories 3
Style Prewar

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

9

Price Reduced

18%

Sold (30 Days)

13

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/23/26, 12:41 PM EST

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Location

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5-43 51st Avenue, Long Island City, Queens County • Near 5th Street/Vernon Boulevard

Building Information

Official NYC property records for this building

1901
Year Built
125 years old
4
Floors
2
Residential Units
M1-4/R6B
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $247,800
Land Value: $21,720
Exemptions: $0

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

Lot Area: 2,000 SF
Building Area: 5,127 SF
Built FAR: 2.56
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

This property has 3 bedrooms and 3 full bathrooms.

The listed interior living area is 2,600 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1901, making it approximately 125 years old.

At the current list price of $2,035,000 for 2,600 sq ft, the asking price per square foot is approximately $783. 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: RLS10467597
First Listed: 1/12/2018
Price Changed: 3/6/2018
Closed: 6/18/2018
Contract Date: 1/12/2018

Listing Courtesy of Compass - Gary Martin

Listing Contact: (917) 836-1755

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 4/23/2026 at 4:41 PM UTC

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