2-17 51st Avenue, Unit 518

Long Island City

$695,000
Price
Studio
Beds
1
Bath
618 Sq. Ft.
$1,125 / Sq. Ft.
618
Sq. Ft.
$1,125
per Sq. Ft.

Description

Welcome to 2-17 51st Avenue, apartment 518, in the prime area of LIC. Apartment 518 is a sensational studio that offers a warm and welcoming ambiance. The 613 sq. ft. sizeable rectangular layout maximizes space usage, providing efficiency and practicality. It features 2 large closets, a spacious open kitchen, and a substantial living area that could easily be divided into two separate spaces, allowing for a comfortable living room setup and a sleeping alcove that comfortably accommodates a queen-size...Welcome to 2-17 51st Avenue, apartment 518, in the prime area of LIC. Apartment 518 is a sensational studio that offers a warm and welcoming ambiance. The 613 sq. ft. sizeable rectangular layout maximizes space usage, providing efficiency and practicality. It features 2 large closets, a spacious open kitchen, and a substantial living area that could easily be divided into two separate spaces, allowing for a comfortable living room setup and a sleeping alcove that comfortably accommodates a queen-size bed and dresser, plus a working desk. A vast wall of windows allows natural light to fill the space, enhancing the feeling of spaciousness. The apartment boasts American walnut wood floors throughout. The spacious open kitchen features green glass backsplashes, sleek white lacquered cabinetry with deep brown accents, and a quartzite stone countertop complemented by a wenge wood breakfast bar. Stainless steel appliances complete the kitchen. The bathroom exudes modernity with soft beige ceramic tiles, a deep soaking tub, a lava sink, Kohler fixtures, and a marble and wood combo vanity. A Bosch washer/dryer has been conveniently installed in the apartment. ? The apartment upgrades include Nest thermostat, Smartlock & Nest Protects CO2/Smoke alarm. LED chandelier. ? Two California Closets ? Igloohome Smart lock was installed The Building & Amenities: The Powerhouse is a luxurious conversion condo that seamlessly combines old industrial details with modern touches, resulting in a unique and captivating atmosphere. The property is staffed 24/7 with a concierge, resident manager, porter, and maintenance crew. Amenities include a fitness center, game room, screening room, cold storage, playroom, bike storage, business center, and package room. In addition, there is a full restroom with a shower, locker, and steam room. The common rooftop is divided into two section: the west side offers water and city views with a sunbathing deck, lounge chairs, and outdoor furniture for residents to unwind, while the east side features BBQ grills and a dining area perfect for gathering. Neighborhood: Powerhouse, designed by world-renowned architect Karl Fisher and distinguished interior designer Andres Escobar. The building is conveniently situated just one block from the iconic Gantry State Park. The surrounding area boasts an array of amenities, including Food Cellar, Urban Market, Duane Reade, hardware stores, banks, CVS, and Urgent Cares. Additionally, charming restaurants, cafes, and Michelin-rated fine dining establishments on Vernon Blvd. and Center Blvd. are a mere block and a half away. Rental parking is available adjacent to the building. Residents also have easy access to Trader Joe's and MoMA PS1, a contemporary art institution located in Court Square, just 2 subway stops away. The neighborhood is also home to many new and exciting restaurants, making it a vibrant and dynamic place to live. Easy Commute: The 7 cross-town trains offer exceptional convenience, connecting with most subway lines. Just one stop away from Grand Central and four stops to reach Hudson Yards, this line provides easy access to key destinations. The Queensbound line extends to Flushing and connects to the E, G, and M lines, as well as the Queensboro Plaza station for N and W trains. Additionally, East River ferry access is conveniently located within a 1.5-block radius.

Property Details for 2-17 51st Avenue, Unit 518

View
City
Architectural Style
Prewar

Open Houses

Sunday, May 12th

1:30 PM - 3:00 PM

By Appointment OnlyView Details

Location

Listing Courtesy of Modern Spaces
Add your commute
LISTING UPDATED: 04/24/2024 03:31 AM

Property Details for 2-17 51st Avenue, Unit 518

StatusActive
MLS IDOLRS-0001471866
Days on Market28
Taxes$267 / month
Common Charges$640 / month
Min. Down Pymt20%
Total Rooms2.0
Compass TypeCondo
MLS TypeCondo
Year Built2008
CountyQueens County

Building

The Powerhouse

177 Units11 StoriesBuilt in 2008

Location

Listing Courtesy of Modern Spaces
Add your commute

Building Information for 2-17 51st Avenue, Unit 518

Building/ComplexThe PowerhouseFloor5Stories11Residences177Pet PolicyAllowedYear Built2008Building AgePost-warBuilding TypeMidrise

Payment Calculator

$4,700 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,793

Property Taxes

$267

Maintenance/Common Charges

$640

The Payment Calculator is for illustrative purposes only.

Property Information for 2-17 51st Avenue, Unit 518

Summary
Location and General Information
  • Subdivision Name: Long Island City
  • Cross Street: 51st Avenue/50th Avenue
  • Stories Total: 11
  • Exposures: North, West
Taxes and HOA
  • Tax Lot: 7501
  • Tax Deduction Percent: .00%
  • Tax Block: 16
  • Flip Tax Type: Percent
  • Association Fee Frequency: Monthly
  • Flip Tax: $0
  • Tax Deduction Amount: $0
  • Tax Deduction Remarks: ASK EXCL BROKER
  • Building Tax Lot: 7501
  • Tax Monthly Amount: 267.0
  • Tax Abatement Comments: 421A Tax Abatement
  • Tax Abatement Expiration Year: 2025.0
  • Tax Abatement YN: true
Parking
  • Garage: No
Property
Lot Information
  • Living Area: 618.0
  • Living Area Units: SquareFeet
Building Information
  • Building Exterior Features: BuildingRoofDeck
  • Building Laundry Features: WasherDryerInstallAllowed
  • Building Pets Allowed: BuildingYes
Property and Assessments
  • New Development: No
  • Building Rules: PiedATerreAllowed, BuildingWasherDryerAllowed
  • Sponsor Unit: No
  • Certificate Of Occupancy: No
  • Percent Of Common Elements: .00%
  • Common Interest: Condominium
  • Number Of Shares: 0
  • New Construction: No
  • Structure Type: Loft
Interior and Exterior Features
Exterior Features
  • Window Features: NewWindows
Interior Features
  • Cooling: WallUnits
  • Appliances: WasherDryer
  • Heating: NaturalGas
  • Kitchen Condition: Good
  • Floor Number: 5
  • Cooling: Yes
  • Heating: Yes
  • Laundry Features: InUnit
  • ElevatorsTotal: 0
  • Closets Total: 0
Multi Family
Multi-Family Information
  • Unit Line: 18
  • Number Of Units Total: 0
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Attendance Type: ConciergeYes, LobbyAttendantFullTime
  • Land Lease: No

Property History for 2-17 51st Avenue, Unit 518

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

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

Schools near 2-17 51st Avenue, Unit 518

This home is within New York City Geographic District #30.
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.

Similar Homes

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Similar Sold Homes

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2-17 51st Avenue, Unit 518 is a condo for sale in Long Island City. This property was listed for sale on April 3, 2024 by Modern Spaces, it's currently listed at $695,000. It has been on the market for a total of 28 days and was last sold on April 6, 2017. 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. 2-17 51st Avenue, Unit 518 is a 0-bed, 1-bath, 618 sqft condo built in 2008.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Modern Spaces

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 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 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. 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. ©2024 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.©2024 The Real Estate Board of New York, Inc., All rights reserved.