5-17 51st Avenue

5-17 51st Ave
Long Island City

$3,200,000
Price
6
Beds
6,600 Sq. Ft.
$485 / Sq. Ft.
6,600
Sq. Ft.
$485
per Sq. Ft.
a front view of a house with a tree
a view of entryway and hall with wooden floor
a view of a livingroom with furniture and a flat screen tv
a kitchen with stainless steel appliances granite countertop a refrigerator and a stove top oven
a large bedroom with a bed and a flat tv screen on dresser
a view of a hallway with entryway
a kitchen with a sink cabinets and window
a bathroom with a sink toilet and shower
a view of a backyard with potted plants and large trees
a backyard of a house with lots of green space
a view of a building with a street

Description

Nestled on a picturesque, tree-lined street in the heart of Long Island City, this classic three-story building offers a rare investment opportunity with six well-maintained one-bedroom, one-bath units. The property includes a spacious basement offering ample storage and potential for future amenities. Step into the serene backyard and you'll find mature fig trees that create a peaceful urban oasis - perfect for tenants seeing a slice of nature in the city. Located just minutes from major highways,...Nestled on a picturesque, tree-lined street in the heart of Long Island City, this classic three-story building offers a rare investment opportunity with six well-maintained one-bedroom, one-bath units. The property includes a spacious basement offering ample storage and potential for future amenities. Step into the serene backyard and you'll find mature fig trees that create a peaceful urban oasis - perfect for tenants seeing a slice of nature in the city. Located just minutes from major highways, public transportation, and restaurants, this building offers unbeatable connectivity while maintaining a quiet residential feel. Whether you're looking to expand your investment portfolio or convert to a boutique condo project, this Long Island City gem offers incredible potential in a rapidly growing neighborhood

Property Details for 5-17 51st Avenue

City/Township
New York
Architectural Style
Other
Waterfront
No
Section Area
Vernon Blvd
LISTING UPDATED: 06/10/2025 03:37 PM

Property Details for 5-17 51st Avenue

StatusActive
MLS ID875477
Days on Market178
Taxes$13,411 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeDuplex
Year Built1931
Lot Size2,500 SF / 25' x 100'
CountyQueens County

Building

5-17 51st Ave

6 Units3 StoriesBuilt in 1931

Location

Listing Courtesy of Douglas Elliman Real Estate
Add your commute

Building Information for 5-17 51st Avenue

Stories3Residences6Year Built1931Building Size25' x 48'Building Sq. Ft3,600 SFLot Size2,500 SF / 25' x 100'Building AgePre-warBuilding TypeTownhouse

Payment Calculator

$16,930 per month

30 year fixed, 6.28% Interest

Principal and Interest

$15,812

Property Taxes

$1,118

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5-17 51st Avenue

Summary
Location and General Information
  • Senior Community YN: No
  • Directions: Use Waze/Google
  • Property Attached: Yes
  • Structure Type: true
  • Country: US
  • State Or Province: NY
School Information
  • School District: Queens 30
  • Elementary School District: Queens 30
  • Middle Or Junior School District: Queens 30
  • Middle Or Junior School: Hunters Point Community Middle
  • High School District: Queens 30
  • High School: Long Island City High School
Unit Information
Unit 1 Information
  • Unit Type Beds Total: 6
  • Unit Type Baths Total: 6
Unit Information
  • Number Of 1 Bedrooms: 1
  • Number Of 2 Bedrooms: 0
  • Number Of 3 Bedrooms: 0
  • Number Of 4 Bedrooms: 0
  • Building Units Total: 6
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 00033-0018
  • Tenant Pays: Electricity, Gas
Income & Expenses Information
Income & Expenses Information
  • Maintenance Expense: $710.00
  • Other Expense: $2,224.00
Interior and Exterior Features
Interior Features
  • Amenities: Courtyard, Eat in Kitchen, Entrance Foyer, In Unit, Other, Public
  • Interior Features: Eat-in Kitchen, Entrance Foyer
  • Basement: Bilco Door(s), Full, Storage Space, Unfinished, Walk-Out Access
  • Attic Description: None
  • Fireplace: No
  • Location Amenities: Other/See Remarks, Walk Out Basement, Courtyard, Eat in Kitchen, Entry Foyer, Foyer
  • Laundry Features: In Unit
  • Spa: No
  • Basement: Yes
Exterior Features
  • Exterior Features: Courtyard
  • Exterior Property Features: Courtyard
  • Elevation Certificate: No
  • Construction Materials: Unknown
  • Pool Private: No
Lot Information
  • Additional Parcel: No
  • Building Area Units: Square Feet
Parking
  • Garage: No
  • Carport: No
Utilities
  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Heat Fuel Type: Natural Gas
  • Number Of Heating Zones: 1
  • Number Of Separate Gas Meters: 6
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Trash Collection Public, Water Connected
  • Number Of Separate Electric Meters: 6
Green Features
  • Green Features: Natural Gas, Courtyard

Property History for 5-17 51st Avenue

DateEvent & SourcePriceAppreciation
Jun 10, 2025

Listed (Active)

ONEKEY #875477

$3,200,000—
Apr 30, 2023

Temporarily Off Market

ONEKEY #3390510

$2,999,999—
Apr 11, 2022

Listed (Active)

ONEKEY #3390510

$2,999,999—
DateEvent & SourcePrice
06/10/2025

Listed (Active)

ONEKEY #875477

$3,200,000
04/30/2023

Temporarily Off Market

ONEKEY #3390510

$2,999,999
04/11/2022

Listed (Active)

ONEKEY #3390510

$2,999,999

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5-17 51st Avenue

Taxable ValueLand$5,400Additions$411,750Total$417,150
Tax Record2021$10,006 ($834 / month) Tax Class2ATax Rate12.267%
Home Facts
Total Finished SqFt3,600 SqFtLot Size2,500 SqFtYear Built1931ZoningM1-4R6BAPN4000330018

Schools near 5-17 51st Avenue

This home is within New York City Geographic District #30.
Rating
School
Type
Grades
Distance
P.S. 78
Public - PK to 8
Is 204 Oliver W Holmes
Public - 6 to 8
Long Island City High School
Public - 9 to 12
Academy for Careers In Television and Film
Public - 9 to 12
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

Academy for Careers In Television and Film
Public9 to 12

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.

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More information about 5-17 51st Avenue, Long Island City

5-17 51st Avenue is a multi-family home for sale in Long Island City. This property was listed for sale on June 10, 2025 by Douglas Elliman Real Estate, it's currently listed at $3,200,000. This listing's school district is New York City Geographic District #30. Nearby schools include P.S. 78, Is 204 Oliver W Holmes and Long Island City High School. 5-17 51st Avenue is a 6-bed, 6-bath, 6,600 sqft multi-family home built in 1931.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman Real Estate

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/05/2025 11:13 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.