Milton Coste

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5-12 51st Avenue #3
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Active For Sale Condo

$1,560,000

$1,145 per sq ft

5-12 51st Avenue #3

Long Island City, Queens

MLS® #RLS20062908

RLS at REBNY

Listing by Modern Spaces

2

Bedrooms

2

Baths

1,363

Sq. Ft.

2017

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,363 sq ft
Year Built 2017
Ownership Condo
HOA/Common Charges $520/mo
Property Taxes $9,684/yr
Neighborhood Long Island City
Floor 3 of 4

Property Highlights

  • Views: City
  • Exposure: North,South facing
  • Style: Loft architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 3 of 4
View City
Exposure North,South
Cooling Other
Pets Yes
Cross Street 5th Street/Vernon Boulevard
Year Built 2017
Living Area 1,363 sq ft
Architectural Style Loft
Block/Lot 0034/0029

Description

Welcome to Residence 3, a rare full-floor home offering exceptional scale, light, and privacy in the heart of Long Island City.

This expansive residence is defined by its exceptionally large living and dining areas, creating a true loft-like experience that is rarely found in today’s new developments. The oversized dining area easily accommodates a full-scale dining table for entertaining, while the generous living room offers endless layout possibilities — perfect for hosting, relaxing, or creating distinct seating and work-from-home spaces.

Large windows line the home, flooding the interiors with natural light throughout the day. Paired with soaring high ceilings, the space feels open, airy, and grand. The combination of ceiling height and oversized windows enhances both volume and brightness, making the entire residence feel even more impressive.

Adding to its exclusivity, Residence 3 is the only unit on the floor, offering enhanced privacy and a boutique living experience.

Located in a prime Long Island City setting, you are moments from the waterfront, parks, dining, and convenient transportation options — all while enjoying the charm of a more intimate condominium.

Residence 3 is a rare opportunity to own a full-floor home with extraordinary living and dining proportions in one of NYC’s most sought-after neighborhoods.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed In Unit

Exterior Features

Building Storage Building Roof Deck

Appliances

Dryer Washer

Building Information

Total Units 5
Stories 4
Style Loft

Financial Details

Common Charges $520/mo
RE Taxes $9,684/yr ($807/mo)
Original Price $1,650,000
Previous Price $1,650,000

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

13

Price Reduced

16%

Sold (30 Days)

14

Median Sale Price

$1.27M

Live data from RLS at REBNY • Updated 4/18/26, 6:59 PM EST

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Location

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5-12 51st Avenue #3, Long Island City, Queens County • Near 5th Street/Vernon Boulevard

Floor Plans

Floor Plan
MLS® ID: RLS20062908
First Listed: 12/9/2025
On Market: 12/8/2025
Price Changed: 2/26/2026
Contract Date: 12/8/2025

Listing Courtesy of Modern Spaces - Jee Young Park

Listing Contact: (212) 210-6666

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 4/18/2026 at 10:59 PM UTC

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