$2,500,000
Updated 4 years ago
Sold

5-38 51st Ave

Long Island City, Queens | 5th Street & Vernon Blvd

15 Rooms6 Beds3 Baths3,200 Square FeetMulti-Family

$2,500,000
floors / apts3 / 2
Lot Size25'x100'
Built Size25'x48'
ZoneM1-4/R
Building TypeTownhouse
RE Taxes$6,261
Price Per SF
$781

This property was sold for $2,500,000 on 08/02/22.

Listing Features

  • Original Details

Building Amenities

  • Garden

Property Description for 5-38 51st Ave

Just listed. Rarely available, 25' wide townhouse located mere steps from the heart of Vernon-Jackson in prime Long Island City, on tranquil 51st Avenue. Romantically adorned for over a century under the consummate regard of one owner, endless care and affection has rendered this well loved home to market replete with stunningly well preserved original details in stately condition. This beautifully maintained and incredible property presents a rare opportunity to create a fully customized, luxurious single-family or two-family home with a 25' wide canvas and substantial buildable capacity (approx. 1900 sf). Dating back to the mid 1800's, 5-38 51st Avenue retains much of it's spectacular period details, including original red brick and sandstone facade, skylights with original stained glass detailing, hand-carved wood and plaster moldings and original tin ceilings, marble fireplace mantles in pristine original condition, and mahogany stair newel, banister, and spindles in unadulterated and near mint condition. Soaring ceiling heights at the parlor and top floors accentuate the wide-format layout creating an intricate flow to the vast floorplan,l unmatched by contemporary design. Additional features include 6 bedrooms spanning the 3200 square foot layout with one full bathroom at each level. Oversized common area dimensions offer the flexibility of a deluxe eat-in kitchen with separate, full sized dining room to accommodate the needs of a modern day family. A separate garden entrance offers the ultimate in layout optionality for a variety of designs to suit your ideal needs, offering full potential to maximize the additional 1900 buildable square feet (m 1-4 / r6b zoning). Near the intersection of Vernon Boulevard and Jackson Avenue in Long Island City, 5-38 51st Avenue is perfectly positioned to enjoy the best amenities offered by the convenience of modern Queens, including direct access to the ferry at Gantry Plaza (minutes to midtown) and seconds away from the 7 train at Vernon-Jackson, not to mention cafes, bars and restaurants galore. This incredible opportunity to create a 25' wide masterpiece awaits the most discerning of buyers.

Listing History for 5-38 51st Ave

Now
08/02/2022
$2,500,000
Sold and Closed by Franco Rinaldi
Compass
05/05/2022
$2,795,000
Initial Price by Franco Rinaldi
Compass

Building Details for 5-38 51st Ave

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1891
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Vernon Blvd-Jackson Av
0.1 miles
21 St
0.33 miles
Hunters Point Av
0.34 miles

Railroad

Long Island CityLong Island Rail Road
0.13 miles
Hunterspoint AvenueLong Island Rail Road
0.45 miles

Citi Bike

Vernon Blvd & 50 Ave
0.07 miles
5 St & 51 Ave
0.07 miles

Ferry

Hunters Point South
0.31 miles
Long Island City
0.46 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: 85544TH