$2,035,000
Updated 8 years ago
Sold

5-43 51st Ave

Long Island City, Queens | 5th Street & Vernon Blvd

11 Rooms3 Beds3 Baths2,600 Square FeetMulti-Family

$2,035,000
floors / apts3 / 2
Lot Size20'x100'
Built Size20'x35'
ZoneM1-4/R
Building TypeTownhouse
RE Taxes$6,408
Price Per SF
$783

This property was sold for $2,035,000 on 06/15/18.

Outdoor space and views

  • Backyard

Building Amenities

  • Garden

Property Description for 5-43 51st Ave

This is your once in a lifetime opportunity. Rarely does a brick townhouse, located on one of the most beautiful blocks come on the market in Hunters Point, Long Island City. Within close proximity to the 7 train, public transportation and LIC's best parks this home is waiting for you.

This solid two family home has good bones but needs an interior upgrade. Bring your contractor or interior designer. At 2100 sq. ft. the building is 20 x 35 on a 20 x 100 lot with 1900 buildable sq. ft. still available. Create the single-family home of your dreams. Live in one unit and have an income producing rental to offset your mortgage. The potential is limitless.

This two-family home and its picturesque backyard are waiting for you and your vision


Listing History for 5-43 51st Ave

Now
03/26/2018
Contract Signed by Gary Martin
Compass
03/06/2018
$2,200,000 [-$150,000] [6.4%]
Price Drop by Gary Martin
Compass

Building Details for 5-43 51st Ave

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Vernon Blvd-Jackson Av
0.11 miles
21 St
0.33 miles
Hunters Point Av
0.35 miles

Railroad

Long Island CityLong Island Rail Road
0.12 miles
Hunterspoint AvenueLong Island Rail Road
0.47 miles

Citi Bike

5 St & 51 Ave
0.05 miles
Vernon Blvd & 50 Ave
0.08 miles

Ferry

Hunters Point South
0.3 miles
Long Island City
0.44 miles

Contact Agents

Contact Agents

Long Island City | Queens

Quick Profile

Long Island City, the name does sound a little far away, like it requires a lengthy drive to get to. Think, again. Long Island City, also known as LIC, is nestled in the western corner of Queens along the East River. Midtown Manhattan is closer to Long Island City than it is to downtown Manhattan.

 LIC is bordered by Sunnyside to the east, the East River to the west, Astoria to the north, and Newton Creek which separates Queens from Greenpoint Brooklyn to the south. 

 A once-shabby manufacturing epicenter, the neighborhood is a mix of industrial, commercial and residential. In recent years it’s seen a rise in some seriously cool factors. Populated by young professionals, multi-ethnic immigrants, and hipsters, LIC has a happening nightlife scene, fantastic restaurants (some of them Michelin starred), art museums and galleries. Much of the waterfront access has been redeveloped into sustainable public green spaces with modern design.  

 Although much of the industrial / manufacturing companies have since left LIC, many still reside there. They tend to co-exist with new residential building development the same way they do in other neighborhoods like Williamsburg and Greenpoint.

 Office building developers and business tenants play a vital role in LIC too. It’s considered New York City’s fourth central business district next to Midtown, downtown Manhattan and downtown Brooklyn.

 As you traverse the streets of LIC, you’ll notice the change from block to block. Industrial warehouses on one block, a bustling Main Street, followed by a park block with sleek luxury high-rise buildings. It’s all part of the LIC vibe.

 For a small neighborhood, the transportation links are excellent. For starters, you just can’t beat living one subway stop from Manhattan (7 train). Other train lines include E, M, R, N, Q, and the G lines. There are also less conventional methods of transportation like the NYC Ferry, which offers three ferry landings. There is no shortage of CitiBike’s in LIC either. Many folks commute to work by way of cycling over the Queensboro Bridge.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 71987TH