Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Sold on 1/14/2021 for $1,360,000

Closed For Sale Condo

$1,360,000

$1,229 per sq ft

2 50TH Avenue #12F

Long Island City, Queens

The Powerhouse Yard

MLS® #RLS10662292

RLS at REBNY

Listing by Modern Spaces

2

Bedrooms

2

Baths

1,107

Sq. Ft.

2011

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,107 sq ft
Year Built 2011
Ownership Condo
HOA/Common Charges $1,097/mo
Property Taxes $768/yr
Parking Garage
Neighborhood Long Island City
Floor 12 of 12

Property Highlights

  • Exposure: North,West facing
  • Outdoor Space: Balcony
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 12 of 12
Exposure North,West
Pets Yes
Cross Street 2nd Street and 5th Street
Year Built 2011
Living Area 1,107 sq ft
Parking Garage Available

Description

This is a great opportunity to own a rare corner PENTHOUSE 2 BR/2 BA with BALCONY at THE YARD, a highly sought residence in LIC just a mere 2-block radius from the beautiful Gantry Park with wonderful waterfront paths & recreational areas. Perched on the top floor, 12F will delight you with its amazing inspirational views as it equally entices with its ultra-efficient and spacious 1107 SF layout. It features a large living/dining area with oversized windows offering double exposure and access to a 42 SF balcony that looks out to open city vistas. Solid white oak floors, high ceilings throughout, and an in-unit Bosch full-size washer/dryer all to provide a remarkable blend of true comfort and luxury.

The open kitchen features top-of-the-line Fisher & Paykel stainless steel appliances, beautiful lacquered cabinets and Caesarstone countertops with a crisp backsplash. Both bedrooms are generous in size with the master bedroom featuring large walk-through closets leading into the ample ensuite bath furnished with his and her sinks.

Unparalleled details throughout the building will keep you smiling and inspire your creative side as reclaimed wood from old rail yards accent the lobby and give a unique feel upon entry. The Yard has two communal terraces for residents, as the 3rd floor offers a north/south patio off a social area/entertainment, room while the roof deck is furnished with BBQ grills for rooftop dining plus lounge chairs for sunbathing and city gazing. Additional building amenities include a fitness room and lobby attendant.

The YARD is a 12-story, 83-unit building with accents of unique charm that maintains a convenient low-key but enviable way of living. Its optimal location is within a block of the Vernon/Jackson 7 train's direct one-stop to Grand Central as well as quick access to the East River Ferry into Manhattan and Brooklyn. Bordered by Vernon Blvd's quaint cafes & restaurants, along with other shopping locales such as the Food Cellar & Duane Reade nearby, plus an Urban Market & CVS just around the corner, you will be in the hub for all personal, social, and activity highlights of the best that LIC can offer. 15-year 421A tax abatement until 2026. Sponsor Unit - No Board Approval.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Balcony Balcony

Appliances

Dryer Washer Dryer Allowed Washer

Building Information

Building The Powerhouse Yard
Total Units 83
Stories 12

Financial Details

Common Charges $1,097/mo
RE Taxes $768/yr ($64/mo)
Original Price $1,450,000
Sale Price $1,360,000

Long Island City (LIC) is one of New York’s fastest-growing residential neighborhoods, offering a modern urban lifestyle just one stop from Manhattan. Famous for its stunning waterfront parks and the iconic Pepsi-Cola sign, LIC is a hub for contemporary art and luxury living. The real estate market is dominated by sleek, new construction glass towers that offer world-class amenities and breathtaking, unobstructed views of the Manhattan skyline.

Long Island City Live Market Data

View Neighborhood

Active Listings

130

Median Asking Price

$1.20M

Median $/Sqft

$1,530

Avg Days on Market

N/A

New This Week

15

Price Reduced

11%

Sold (30 Days)

8

Median Sale Price

$1.25M

Live data from RLS at REBNY • Updated 3/4/26, 6:58 PM EST

Similar Listings in Long Island City

View All

Location

Loading map...

2 50TH Avenue #12F, Long Island City, Queens County • Near 2nd Street and 5th Street

Virtual Tour

MLS® ID: RLS10662292
First Listed: 8/27/2020
Price Changed: 2/5/2021
Closed: 1/14/2021
Contract Date: 8/28/2020

Listing 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.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/4/2026 at 11:58 PM UTC

Buying a Condo? Start Here

Complete Guide to Queens Real Estate 2026

Neighborhoods, pricing, commutes, and investment across Queens.

Read article

Long Island City: Complete 2026 Guide

LIC's luxury highrises, pricing, and Manhattan commute comparison.

Read article

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing — the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article
Call WhatsApp
Call Milton WhatsApp