2-17 51st Avenue #518
MLS® #RLS10074505
Listing by Modern Spaces
Studio
1
Bath
613
Sq. Ft.
1906
Year Built
Quick Summary
Property Highlights
- Exposure: North facing
- Style: Prewar architecture
- Climate Control: Wall Units
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jan 18, 2017 | $697,501 | - |
| Price Reduced | Apr 17, 2017 | $685,000 | -1.8% |
Description
World-renowned architect Karl Fisher and distinguished interior designer Andres Escobar breathe new life into a turn of the century Pennsylvanian Railroad power station transforming it into The Powerhouse, luxury residences on the East River. The Powerhouse redefines the meaning of amenities propels you into luxurious living. + A 24/7 concierge welcomes you to a sun-drenched, polished concrete floored, white paneled spacious lobby + Relax in The Lounge equipped with a pool table, plasma tv and a wet bar + Movie night in The Screening Room fully outfitted with cinema-caliber projectors and screen + The Playroom offers fun for the little ones. + Cold storage for worry-free grocery deliveries + Stay wired with free building-wide wifi + Work from home from our full-service business center + Ride your bike or drive your car there?s on-site parking for both + Break a sweat at the state-of-the-art fitness center + Unwind at The Aqua Grotto a full-service spa featuring a social sauna, whirlpool, massage services and a range of beauty treatments + Take in the panoramic cityscape from the Roof Garden With 177 units including 81 unique layouts and 16 duplexes, loft living reaches new heights. Choose from apartments with 20 ft ceilings, iconic arched windows and unique glass rotundas with views of the East River. Each apartment comes with gorgeous American walnut wood floors, video intercoms and modern kitchens and baths. + The gourmet kitchens are composed of spacious white lacquer cabinetry, deep brown accents, green glass back splashes, stainless steel appliances and quartzite stone countertops complimented with a wenge wood breakfast bar. + Lush touches like Italian marble walls and floors, floating Italian double sinks, overhead rain shower, Kohler sink and Grohe Fixtures, define the master baths. + Soft beige ceramic tiles round out the spa-inspired second baths featuring a deep soaking tub, Lacava sinks, Kohler fixtures, a combo marble and wood vanity.
Features & Amenities
Interior Features
Exterior Features
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
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, 4:41 AM EST
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Location
2-17 51st Avenue #518, Long Island City, Queens County • Near 51st Avenue/50th Avenue
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $508 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $300, or roughly $25 per month. Verify the current assessment with your attorney before closing.
This property has 0 bedrooms and 1 full bathroom.
The listed interior living area is 613 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 $697,501 for 613 sq ft, the asking price per square foot is approximately $1,138. 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) 416-7433Listing Courtesy of Modern Spaces - Mae Liew
Listing Contact: (718) 784-1110
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 Data display by Keller Williams NYC. Data last updated on 4/24/2026 at 8:41 AM UTC