$775,000
Updated 5 years ago
Off Market

The Powerhouse

2-17 51st Ave, 808

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

Loft 1 Bath606 Square FeetCondo

$775,000
Common Charges$689
RE Taxes$26
Price Per SF
$1,279

Listing Features

  • Abundant Closets
  • Beamed Ceilings
  • Custom Closets
  • Hardwood Floors
  • High Ceilings
  • Walk-in Closet
  • Washer / Dryer
  • Adjoining Pantry
  • Center Island
  • Dishwasher
  • Gourmet Kitchen
  • Open Kitchen
  • S Steel Appliances
  • Soaking Tub

Outdoor space and views

  • Terrace [334 SF]
  • City Views
  • Skyline Views
  • East Exposure
  • South Exposure

Building Amenities

  • Concierge
  • Bike Storage
  • Billiards Room
  • Business Center
  • Cold Storage
  • Elevator
  • Fitness Facility
  • Garage
  • Grilling Stations
  • Playroom
  • Resident Lounge
  • Roof Deck
  • Sauna
  • Screening Room
  • Spa Services
  • Steam Room
  • Valet Service
  • WiFi

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 2-17 51st Ave, 808

Studio condo with tenant in place til June 10, 2022. Can still be shown weekday evenings by appointment to serious purchasers. Perfect for investors or 1031 Exchange replacement. Apt 808 is an L-shaped studio with 606 sq feet interior & a show-stopping, PRIVATE 334 sq. ft private outdoor space, panoramic views of the Manhattan skyline, oversized gourmet kitchen, spa-like bathroom, abundance of closet spaces, in-unit washer & dryer, and ownership into one of LIC’s most well-built and coveted full-service buildings. The outdoor space in this unit is big enough to host gatherings year-round. With incredible views of the Manhattan skyline and shimmering East river, there’s room on the private patio for a full set of outdoor furniture and much more, including your own grill, heater, hammock, or exercise equipment. The rare, lucky unit owners at Powerhouse with 8th Floor private outdoor space have done some amazing things. With 606 Sq. ft. of interior space, Apt 808 checks all the boxes: • Stunning skyline views with South-East facing windows • Four (4) closets with custom and adjustable shelving including two walk-ins, a pantry, and bonus closet • In-unit, full-sized Bosch washer & dryer • Roomy and especially well-appointed bathroom with soaking tub • Chef-scale kitchen with custom cabinetry, Viking & Sub-Zero appliances and eat-in breakfast counter roomy enough for 4. • Thermostat-controlled air and heat As does the building: • Concrete between the floors (solid/not wood), • Established Condo with 24/7 concierge. • Package reception and cold storage, • Bicycle storage, • 2-level fitness center with cardio and strength, yoga room, • Business center (a private place to get work done) • Childrens’ playroom, • Lounge equipped with pool table, • Awesome roof terrace with city views, BBQ grills and picnic tables, Common Charges are $689/month, and $26/month in property tax, paid quarterly. 421-a tax abatement expires in 2024. Tenant pays $ 2,200 til June 10, 2022. Landlord's option to renew for second year at $ 2,600. Excellent, well-qualified and reliable tenant.

Listing History for 2-17 51st Ave, 808

Now
12/06/2021
POM by Asit Parikh
Compass
03/23/2021
$775,000 [-$50,000] [6.1%]
Price Drop by Asit Parikh
Compass

Building Details for 2-17 51st Ave

OwnershipCondo
Building TypeLoft
Service LevelConcierge
AgePre-War
AccessElevator
Year Built1906
Financing Allowed80%
Floors/Apts11/176
Learn More About the Building

Transit and Citi Bike

Subway

Vernon Blvd-Jackson Av
0.25 miles
21 St
0.45 miles
Hunters Point Av
0.5 miles

Railroad

Long Island CityLong Island Rail Road
0.13 miles

Citi Bike

Center Blvd & 51 Ave
0.07 miles
5 St & 51 Ave
0.11 miles

Ferry

Hunters Point South
0.18 miles
Long Island City
0.36 miles

Contact Agent

Contact Agent

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: 1828895