Updated 8 years ago
Sold
Loft 4 Rooms1 Bed1 Bath933 Square FeetCondo
$1,075,000
Common Charges$403
RE Taxes$43
Price Per SF
$1,152
This property was sold for $1,075,000 on 11/14/18.
Listing Features
- Corner Apartment
- Custom Closets
- Hardwood Floors
- High Ceilings [11']
- Home Office
- Open Space
- Recessed Lighting
- Washer / Dryer
- Oversized Windows
- Center Island
- Dishwasher
- Microwave
- Open Kitchen
- S Steel Appliances
- Windowed Kitchen
- Soaking Tub
Outdoor space and views
- Empire State Bldg
- Partial City
- Townhouse Views
- Treeline Views
- South Exposure
- West Exposure
Building Amenities
- Voice Intercom
- Cabanas
- Elevator
- Garage
- Roof Deck
- WiFi
Policies
- Pets Allowed
- Pieds A Terre Ok
Property Description for 5-03 50th Ave, 2-A
This rare opportunity to buy in The Galaxy is "out of this world." The massive 933 sq. ft. 1-bedroom is easily convertible into a spacious 2-bedroom unit (see floor plans for suggested options). It's insanely low common charges and 421-A tax abatement make this a great deal for anyone concerned about carrying costs.
***SELLER IS COVERING THE MANSION TAX***
The unit also comes with the option for a parking space. If you'd like, you can rent the space for an additional $250 a month, but renting the parking space is NOT a condition of the sale, it is simply an added bonus if you are interested. The parking garage is attached to the building and can be easily accessed without having to exit the building.
The southwest exposures and 7 oversized windows provide ample natural light throughout the apartment. Even gray days are met with more than enough light to enjoy the apartment without ever needing to flip a switch. The 11 ft. ceilings create a sense of loft-style living. The generous floorplan provides sufficient space to be extremely creative with the layout of the unit.
In addition to the substantial living space, the apartment also features an extremely large bedroom that could easily be divided into 2 separate bedrooms or a 1-bedroom + home office, or even a 1 bedroom + dream closet!
Not only that, but the living space is large enough to have an additional bedroom placed in there if you wanted to place your 2nd bedroom there or if you needed to design a 2-bed + home office.
Needless to say, there is more than enough opportunity with this unit to really make the space your own. It's definitely move-in ready as an oversized 1-bedroom, great for entertaining, or it could easily be converted into multiple layout options to meet your specific needs with minimal work required.
The building is located less than a block away from the 7 train and 2 blocks from the waterfront parks and Ferry terminal. It's location places you right next to all the best parts the Hunters Point section of Long Island City has to offer and makes commuting into and out of the city a breeze.
Comparatively speaking to other condos in the area, The Galaxy condo is a very low-impact building, having only 10 additional units. Enjoy BBQing with magnificent 360-degree views of Manhattan, Queens & Brooklyn on the beautifully appointed roof deck of this 6 story boutique building. Invite your friends over to catch the perfect view of the fireworks on the East River every 4th of July.
Don't miss this rare opportunity to own in a building with limited inventory and the most convenient location in Long Island City.
***There is currently an additional $51.13 monthly fee going to the RESERVE FUND that is not included in the common charges....this is due to expire in the next couple of months according to management
***SELLER IS COVERING THE MANSION TAX***
The unit also comes with the option for a parking space. If you'd like, you can rent the space for an additional $250 a month, but renting the parking space is NOT a condition of the sale, it is simply an added bonus if you are interested. The parking garage is attached to the building and can be easily accessed without having to exit the building.
The southwest exposures and 7 oversized windows provide ample natural light throughout the apartment. Even gray days are met with more than enough light to enjoy the apartment without ever needing to flip a switch. The 11 ft. ceilings create a sense of loft-style living. The generous floorplan provides sufficient space to be extremely creative with the layout of the unit.
In addition to the substantial living space, the apartment also features an extremely large bedroom that could easily be divided into 2 separate bedrooms or a 1-bedroom + home office, or even a 1 bedroom + dream closet!
Not only that, but the living space is large enough to have an additional bedroom placed in there if you wanted to place your 2nd bedroom there or if you needed to design a 2-bed + home office.
Needless to say, there is more than enough opportunity with this unit to really make the space your own. It's definitely move-in ready as an oversized 1-bedroom, great for entertaining, or it could easily be converted into multiple layout options to meet your specific needs with minimal work required.
The building is located less than a block away from the 7 train and 2 blocks from the waterfront parks and Ferry terminal. It's location places you right next to all the best parts the Hunters Point section of Long Island City has to offer and makes commuting into and out of the city a breeze.
Comparatively speaking to other condos in the area, The Galaxy condo is a very low-impact building, having only 10 additional units. Enjoy BBQing with magnificent 360-degree views of Manhattan, Queens & Brooklyn on the beautifully appointed roof deck of this 6 story boutique building. Invite your friends over to catch the perfect view of the fireworks on the East River every 4th of July.
Don't miss this rare opportunity to own in a building with limited inventory and the most convenient location in Long Island City.
***There is currently an additional $51.13 monthly fee going to the RESERVE FUND that is not included in the common charges....this is due to expire in the next couple of months according to management
Building Details for 5-03 50th Ave
OwnershipCondo
Building TypeLoft
Service LevelVoice Intercom
AgePost-War
AccessElevator
Year Built2008
Financing Allowed90%
Floors/Apts5/12
Transit and Citi Bike
Subway
Vernon Blvd-Jackson Av
0.14 miles
21 St
0.34 miles
Hunters Point Av
0.38 miles
Railroad
Long Island CityLong Island Rail Road
0.15 miles
Hunterspoint AvenueLong Island Rail Road
0.49 miles
Citi Bike
5 St & 51 Ave
0.07 miles
48 Ave & 5 St
0.08 miles
Ferry
Hunters Point South
0.29 miles
Long Island City
0.37 miles
Contact Agent
Contact Agent
Licensed As
Licensed Real Estate Salesperson
Salesperson
License#:
10401305082
Company:
Modern Spaces, LLC
Heath Tucker
Modern Spaces, LLC
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: 1777358
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