Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,000,000

· Closed September 8, 2013

531 51ST Avenue

$3,000,000

531 51ST Avenue

Long Island City, Queens

MLS® #RLS10098096

RLS at REBNY

Listing by CORE Group Marketing LLC

Studio

Bedroom

0

Bath

N/A

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Year Built N/A
Neighborhood Long Island City

Property Highlights

  • Location: Long Island City, Queens
  • Property Type: Single Family Residence

Property Details

Type Single Family Residence
Baths null Full
Parcel # 00033-0113
Block/Lot null/null

Listing History

Event Date Price Change
Listed Aug 6, 2013 $3,250,000 -
Currently Apr 25, 2026 $3,000,000 -7.7%

Building Information

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

168

Median Asking Price

$1.20M

Median $/Sqft

$1,519

Avg Days on Market

N/A

New This Week

9

Price Reduced

18%

Sold (30 Days)

10

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/25/26, 4:40 AM EST

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Location

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531 51ST Avenue, Long Island City, Queens County

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
3
Floors
2
Residential Units
M1-4/R6B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $148,740
Land Value: $12,000
Exemptions: $0

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

Lot Area: 2,307 SF
Building Area: 3,120 SF
Built FAR: 1.35
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

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: RLS10098096
First Listed: 8/6/2013
Price Changed: 9/27/2013
Closed: 9/8/2013

Listing Courtesy of CORE Group Marketing LLC - DORON ZWICKEL

Listing Contact: (212) 612-9607

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 4/25/2026 at 8:40 AM UTC

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