5-11 50th Avenue

Long Island City, Queens, NY 11101

$4,995,000
Price
8
Beds
4
Baths
6,100 Sq. Ft.
$819 / Sq. Ft.
6,100
Sq. Ft.
$819
per Sq. Ft.

Description

Compass has been retained on an exclusive basis to arrange for the sale of 5-11 50th Avenue in Prime Long Island City -- a 6100 SF, condo-quality building consisting of 4-units with a two-car garage and numerous outdoor spaces. The property’s mixed-use zoning allows for first floor retail, a condo conversion with a quick turnaround, as well as numerous other opportunities.
The building has a cell phone net-lease in place paying $3,210/month (3% escalations) that has multiple offers around $600K,
...

Amenities

  • Open Views
  • Private Terrace
  • Private Yard
  • Private Roof Deck
  • Decorative Fireplace
  • Hardwood Floors
  • Elevator
  • Walk Up

Property Details for 5-11 50th Avenue

StatusActive
Days on Market19
Taxes$3,633 / month
Maintenance-
Min. Down Pymt-
Total Rooms16.0
Compass TypeMulti Family
MLS Type-
Year Built2004
Lot Size2,500 SF / 25' x 100'
CountyQueens County

Building

5-11 50th Ave

4 Units4 StoriesBuilt in 2004

Listing Agent

Contact Agent(s)

Listing Agents

  1. Nathan Horne

    Nathan Horne

    Listing Agent

    Compass

  2. Nancy Robbins

    Nancy Robbins

    Listing Agent

    Compass

Building Information for 5-11 50th Avenue

Stories4Residences4Year Built2004Building Size25' x 65'Building Sq. Ft6,500 SFLot Size2,500 SF / 25' x 100'Building AgePost-warBuilding TypeTownhouse

Payment Calculator

$20,373 per month

30 year fixed, 2.95% Interest

Principal and Interest

$16,740

Property Taxes

$3,633

Maintenance/Common Charges

$0

Property History for 5-11 50th Avenue

DateEvent & SourcePriceAppreciationLink
May 25, 2021

Listed (Active)

Manual

$4,995,000
Aug 28, 2013

Exclusive Expired

RLS #PDES-1452566

$2,800,000
Nov 24, 2004

Sold (Public Record)

ACRIS #2004112902057001

$1,200,000
DateEvent & SourcePrice
05/25/2021

Listed (Active)

Manual

$4,995,000
08/28/2013

Exclusive Expired

RLS #PDES-1452566

$2,800,000
11/24/2004

Sold (Public Record)

ACRIS #2004112902057001

$1,200,000

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

Schools near 5-11 50th Avenue


SchoolTypeGradesDistanceRating
P.S. 78PublicPK-80.1 mi
9
Hunters Point Community MiddlePublic6-80.2 mi
6
Academy for Careers In Television and FilmPublic9-120.2 mi
7
Information Technology High SchoolPublic9-120.6 mi
4

P.S. 78

PK-8, 0.1 mi, Public

9

Hunters Point Community Middle

6-8, 0.2 mi, Public

6

Academy for Careers In Television and Film

9-12, 0.2 mi, Public

7

Information Technology High School

9-12, 0.6 mi, Public

4

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.

Long Island City
Long Island City
State of the art living with a classic view. Sleek high-rises, scenic public spaces, and East River views make Long Island City an equally modern (but much less hectic) answer to downtown Manhattan.

Neighborhood Map and Transit

Similar Homes

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Similar Sold Homes

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5-11 50th Avenue is a multi-family home for sale in Long Island City, Queens, NY 11101. This property was listed for sale on May 25, 2021 by Compass at $4,995,000. It has been on the market for a total of 20 days and was last sold on November 24, 2004. This listing's school district is Nyc Geog District #30 - Queens. Nearby schools include P.S. 78, Hunters Point Community Middle and Academy for Careers In Television and Film. 5-11 50th Avenue is a 8-bed, 4-bath, 6,100 sqft multi-family home built in 2004. This address can also be written as 5-11 50th Ave.

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

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