$771,342
Updated 17 years ago
Off Market

The Prestige

50-01 5th Street, 3-B

Long Island City, Queens | 49th Street & 50th Street

Loft 4 Rooms2 Beds1 Bath1,144 Square FeetCondo

$771,342
Common Charges$484
RE Taxes$117
Price Per SF
$674

Listing Features

  • Abundant Closets
  • High Ceilings [10']
  • Walk-in Closet
  • Washer / Dryer
  • New Windows
  • Oversized Windows
  • Dishwasher
  • Open Kitchen
  • S Steel Appliances

Outdoor space and views

  • North Exposure

Building Amenities

  • Virtual Doorman
  • Elevator
  • Fitness Facility
  • Storage

Policies

  • Pieds A Terre Ok

Listing History for 50-01 5th Street, 3-B

Now
02/12/2009
$771,342 [-$115,258] [13%]
Price Drop by Juan Rosa
Douglas Elliman
2009

Building Details for 50-01 5th Street

OwnershipCondo
Building TypeLoft
Service LevelVirtual Doorman
AgePost-War
AccessElevator
Year Built2008
Financing Allowed90%
Floors/Apts4/7
Learn More About the Building

Transit and Citi Bike

Subway

Vernon Blvd-Jackson Av
0.15 miles
21 St
0.36 miles
Hunters Point Av
0.4 miles

Railroad

Long Island CityLong Island Rail Road
0.14 miles

Citi Bike

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

Ferry

Hunters Point South
0.27 miles
Long Island City
0.38 miles

Contact Agent

Contact Agent

Juan Rosa
Douglas Elliman

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: 154934