$768,000
Updated 5 years ago
Sold

The Foundry at Hunters Point

2-40 51st Ave, 2-L

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

Loft 1 Room1 Bed1 Bath740 Square FeetCondo

$768,000
Common Charges$883
RE Taxes$138
Price Per SF
$1,038

This property was sold for $768,000 on 01/06/22.

Listing Features

  • Abundant Closets
  • Entry Foyer
  • High Ceilings [13']
  • Mezzanine
  • Washer / Dryer
  • Flr-to-Clg Windows
  • New Windows
  • Center Island
  • Dishwasher
  • Gourmet Kitchen
  • Microwave
  • S Steel Appliances
  • Marble Bathroom
  • Soaking Tub
  • Stall Shower

Outdoor space and views

  • Balcony [12'x6']
  • City Views
  • North Exposure

Building Amenities

  • Full Service
  • Cabanas
  • Cold Storage
  • Courtyard
  • Elevator
  • Garage
  • Roof Deck

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 2-40 51st Ave, 2-L

With 740 interior square feet plus a large balcony, offered at $799,999, $1,081 per square foot, unit 2L is an excellent value for the Hunters Point waterfront area and a great opportunity for you to enter the Long Island City condominium market, where a new development in the same neighborhood, is offering a 531 square foot one bedroom unit for $850,000, $1,601 per square foot. Unit 2L comes with an as-of-right 421a property tax exemption through June 30, 2024.

Unit 2L features large floor to ceiling windows, beautiful strip flooring and a high-efficiency Bosch washer and dryer.

The chefs kitchen offers a large black quartz island and a full height glass backsplash. There is a Jenn-Air stainless steel appliance package, including a 4-burner free standing vented gas range, an over-the-range microwave, a KitchenAid refrigerator with a large freezer drawer and a Bosch dishwasher. The kitchen has premium cabinets with upper open cabinets and underlighting facing the living room. The bedroom comfortably accommodates a king size bed and includes a closet with a custom shelving system. The bath offers a deep soaking tub, Kohler fixtures and tile clad floors and walls. The ceiling height in the main rooms are approximately 9 feet.

The Foundry Condominium was built in 2008. The building consists of 4 floors and 57 residential units. Building amenities include an expansive lobby with high ceilings, a concierge, an onsite resident manager, a package room, a large fitness center on the ground floor, bicycle storage and an expansive common outdoor terrace on the mezzanine level. The Foundry is pet friendly.

Location. Location. Location. You are located on a quiet street on 51st Avenue west of 5th Street. You are only 2 blocks to the NYC Ferry, 2 blocks to the number 7 train (one stop to Grand Central Terminal) and 2 blocks to the award-winning Gantry Plaza State Park, Hunters Point South Park and the Steven Holl Architects designed Hunters Point Library. You are one block to Vernon Boulevard with all its great shops, bars and restaurants including Casa Enrique, Cafe Henri, Domaine, Tournesol and so many others such as Trader Joe's and Target.


Listing History for 2-40 51st Ave, 2-L

Now
01/06/2022
$768,000
Sold and Closed by Patrick W. Smith
Corcoran
2022

Building Details for 2-40 51st Ave

OwnershipCondo
Building TypeLoft
Service LevelFull Service
AgePost-War
AccessElevator
Year Built2008
Financing Allowed80%
Floors/Apts4/57
Learn More About the Building

Transit and Citi Bike

Subway

Vernon Blvd-Jackson Av
0.22 miles
21 St
0.44 miles
Hunters Point Av
0.47 miles

Railroad

Long Island CityLong Island Rail Road
0.09 miles

Citi Bike

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

Ferry

Hunters Point South
0.19 miles
Long Island City
0.4 miles

Contact Agents

Contact Agents

Aurin Disla
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: 496144