Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $649,000

· Closed January 26, 2023

5-27 51st Avenue #3-H
Closed For Sale Condo

$649,000

$1,324 per sq ft

5-27 51st Avenue #3-H

Long Island City, Queens

MLS® #RLS10835168

RLS at REBNY

Listing by Modern Spaces, LLC

Studio

1

Bath

490

Sq. Ft.

2013

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 490 sq ft
Year Built 2013
Ownership Condo
HOA/Common Charges $348/mo
Property Taxes $288/yr
Parking Garage
Neighborhood Long Island City
Floor 3 of 5

Property Highlights

  • Exposure: South facing
  • Climate Control: Central Air
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 3 of 5
Exposure South
Cooling Central Air
Pets Yes
Cross Street 5th Street/Vernon Boulevard
Year Built 2013
Living Area 490 sq ft
Parking Garage Available
Block/Lot 33/7502

Description

The five27 condo offers modern luxury boutique condo living in the highly desirable LIC waterfront with parks, restaurants and retail shops just minutes walk away and 1 stop away from Grand Central Terminal on 7 train.

Unit 3H is a spacious modern studio with floor to ceiling south facing windows and abundant of natural light. The unit features oak floors, high-end custom Italian cabinets and full-sized kitchen appliances, generous pantry space, Kohler and Duravit fixtures, and in-unit washer/dryer.

The building features 24-hour virtual doorman, fully equipped fitness center, common rooftop terrace with BBQ grill, residents lounge, bike storage, and parking space for rent.

15 years tax abatement expires 2028.

Features & Amenities

Interior Features

Pantry Building Washer Dryer Install Allowed Wheelchair Access

Exterior Features

Building Roof Deck

Appliances

Dryer Washer

Building Information

Stories 5

Financial Details

Common Charges $348/mo
RE Taxes $288/yr ($24/mo)
Sale Price $649,000

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 4/18/26, 11:05 PM EST

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Location

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5-27 51st Avenue #3-H, Long Island City, Queens County • Near 5th Street/Vernon Boulevard

Floor Plans

Floor Plan
MLS® ID: RLS10835168
First Listed: 9/21/2022
Price Changed: 9/21/2022
Closed: 1/26/2023
Contract Date: 9/21/2022

Listing Courtesy of Modern Spaces, LLC - Henry Yang

Listing Contact: (413) 348-0828

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 3:05 AM UTC

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