2-17 51st Avenue, Unit 505









2-17 51st Avenue, Unit 505, Long Island City, Queens, NY 11101
Description
The Powerhouse was interestingly transformed from the Pennsylvania Railroad Power Station designed by McKim, Mead & White, built in 1909 to provide electricity for trains, and closed in 1920, but original details such as steel beams still abound. The fabulous residential conversion was brought to life by architect Karl Fischer, with interior design by Andres Escobar. Residents enjoy an incredible assortment of services and amenities, including a stunning modern lobby, doorman & concierge services, a live-in super, state-of-the-art fitness center, Aqua Grotto spa with a whirlpool, sauna, steam & massage rooms + lockers, event/party room, game room with pool table, full-service garage, business center, lounge, bike storage, and a wonderful rooftop deck with city views, a sunbathing deck, BBQ grills & picnic tables.
Located near Gantry Plaza State Park, a 12-acre riverside oasis offering gorgeous views of the Midtown Manhattan skyline as well as playgrounds, playing fields, outdoor concerts, and a dog park (yes, pets are allowed at The Powerhouse!). Food choices abound from riverfront spots like Shi and Maiella, to eateries all along the newly hip Vernon Boulevard. Also minutes away is an assortment of transportation, like the Vernon/Jackson 7 train two blocks away that’s just one stop from Grand Central, the Water Taxi, and 495 to the Midtown Tunnel.
Please note: Some pics are virtually staged.
Recent comparable sales
Median sold price
$880,000
Avg days on market
73
Sale-to-list ratio
97.9%
Queens, NY
9 comparable properties found
Amenities
- Loft Style
- Concierge
- River Views
- Open Views
- Water Views
- Common Roof Deck
- Gym
- Steam Room
- Sauna
- Playroom
- Resident's Lounge
- Common Media / Recreation Room
- Billiards Room
- Screening Room
- Hardwood Floors
- High Ceilings
- Oversized Windows
- Elevator
- Washer / Dryer in Unit
- Laundry in Building
- Dishwasher
- Open Kitchen
- Southern Exposure
- Bike Room
- Cold Storage
- Common Storage
- Garage
- On-site Parking
- Midrise
- Highrise
Location
$4,950 per month
30 year fixed, 7.03% Interest
$4,351
$28
$571
Property Information for 2-17 51st Avenue, Unit 505
Property Details
- Taxes: $28 / month
- Total Rooms: 2.0
- MLS Type: Condo
- County: Queens County
- Buyer's Agent Compensation: 2.375%
Building Information
- Building/Complex: The Powerhouse
- Floor: 5
- Stories: 11
- Residences: 177
- Pet Policy: Allowed
- Year Built: 2008
- Building Age: Post-war
- Building Type: Midrise
Property History for 2-17 51st Avenue, Unit 505
| Date | Event & Source | Price |
|---|---|---|
| 12/19/2018 | Sold Manual | $815,000 |
| 12/19/2018 | $815,000 | |
| 11/06/2018 | Contract Signed Manual | — |
| 09/24/2018 | Listed (Active) Manual | $835,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public records
2-17 51st Avenue, Unit 505
Total Finished SqFt
757 SqFtLot Size
28,724 SqFtYear Built
1890Zoning
M15R8AAPN
4000161075Schools near 2-17 51st Avenue, Unit 505
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 8 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
P.S. 78 PublicPK to 8 | ||
Is 204 Oliver W Holmes Public6 to 8 | ||
Long Island City High School Public9 to 12 | ||
Hunters Point Community Middle Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit
Similar Homes
New listings in 11101
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 2-17 51st Avenue, Unit 505, Long Island City | $815,000 | 1 | 1 | 757 | – |
$1,600,000 | 2 | 2 | 1,357 | – | |
$979,000 | 1 | 1 | 890 | – |
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
This 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. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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 information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.



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