$1,390,000
Updated 11 years ago
Sold

50-11 5th Street

Long Island City, Queens | 50th Ave & 51st Ave

3 Baths3,050 Square FeetThree Family House

$1,390,000
floors / apts3 / 3
Lot Size25'x100'
Built Size25'x33'
ZoneM1-4/R
Building TypeTownhouse
RE Taxes$6,732
Price Per SF
$456

This property was sold for $1,390,000 on 05/15/12.

Listing Features

  • Restored Details
  • Radiator
  • Window AC Units

Outdoor space and views

  • Garden [1,000 SF]
  • Garden Views
  • Treeline Views

Building Amenities

  • Voice Intercom
  • Backyard

Property Description for 50-11 5th Street

> Fantastic opportunity to own a free standing three family brick townhouse in prime Hunter's Point Long Island City. > This magnificant house is in excellent condition inside and out. > East and West exposures bathe the house in light throughout the day. > Built in 1881 the house stands on a 25 x 100 lot and has available FAR. > It is currently set up as a first floor 2 bedroom apartment with private garden access, a second floor one bedroom apartment and a two bedroom on the third floor. > The basement is clean and painted, ideal for storage. > Delivered vacant the house could be easily converted to a single family house or an owners duplex with a garden rental. > The house is ideally located to enjoy all the benefits of living in LIC. > One block away from Vernon Blvd and its ever improving list of restaurants and shops and the 7 train which will take you to Grand Central in 5 minutes. > A block and a half in the other direction is Gantry Plaza State Park and the East River ferry which brings Wall Street within a 20 miute commute.

Listing History for 50-11 5th Street

Now
05/23/2012
$1,390,000
Sold and Closed by Philip Hale
Corcoran
05/01/2012
Contract Signed by Philip Hale
Corcoran

Building Details for 50-11 5th Street

OwnershipThree Family House
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1881
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Vernon Blvd-Jackson Av
0.15 miles
21 St
0.35 miles
Hunters Point Av
0.39 miles

Railroad

Long Island CityLong Island Rail Road
0.13 miles

Citi Bike

5 St & 51 Ave
0.05 miles
48 Ave & 5 St
0.1 miles

Ferry

Hunters Point South
0.27 miles
Long Island City
0.38 miles

Contact Agent

Contact Agent

Philip Hale
Corcoran

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: 31617TH