$772,850
Updated 3 years ago
Sold

The Alchemy Condominium

50-07 5th Street, 5-D

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

3 Rooms1 Bed1 Bath533 Square FeetCondo

$772,850
Common Charges$587
RE Taxes$511
Price Per SF
$1,450

Listing Features

  • High Ceilings [10']
  • Washer / Dryer
  • Casement Windows
  • Flr-to-Clg Windows
  • Dishwasher

Outdoor space and views

  • East Exposure

Building Amenities

  • Virtual Doorman
  • Elevator
  • Garage
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 50-07 5th Street, 5-D

Quintessential charm. Distinctive style. The Alchemy emerges from Hunters Point’s industrial past as a welcome addition to Long Island City.

An intimately friendly 17-unit condominium residence at 50-07 5th Street, The Alchemy is surrounded by quiet tree-lined streets and historic brownstones. It’s just two blocks from Gantry State Park and the picturesque waterfront and one block away from bustling Vernon Boulevard, where restaurants, bars and lounges are plentiful. Although connected to the rhythms of city life, it’s a tranquil enclave you’ll want to call home.

Contemporary design meets sun-drenched living spaces in a mix of 1-2-bedroom units. Options include two ground floor duplexes that are sure to be coveted, as they feature private backyards and parking — truly an oasis in the city. All apartments offer private balconies and/or generous rooftop spaces, while the penthouse apartments offer views and spacious private front and back terraces or balconies.

All apartments are sleekly fashioned with luxe finishes. Airy interiors feature floor-to-ceiling Cortizo windows that provide superior natural light and dramatic streetscape views. Soaring 10’ ceilings, 7” wide plank oak flooring and recessed lighting throughout are among the standout elements; completed by a soft muted color palette ready for you to make your own. You’ll also appreciate the ability to add connectivity to your lifestyle here: The advanced Mitsubishi heating and cooling system is Nest and wifi compatible.

Kitchens are as pleasing as they are practical. Whether it’s everyday meal prep or stylish entertaining, you’ll do it all with ease in your Miton Cucine designed kitchen. Italian-imported cabinetry is integrated with high-end paneled appliances along with a gas Bosch or Blomberg Range.

The luxurious spa-inspired bathrooms are designed to pamper, outfitted with unique imported vanities, imported Spanish and Italian tiling, innovative Grohe shower systems and Toto fixtures, and radiant heated flooring.

For your convenience, apartments are equipped with washers and dryers. Select units are enhanced with not only a balcony but private rooftop spaces adding to their allure; a lovely spot to enjoy your preferred morning beverage or relax at sunset.

Thoughtfully curated amenities complement these fine residences. Enjoy the outdoor terrace, with its comfortable lounge and barbecue area, surrounded by those glorious views. And stay on top of your fitness goals; the fully equipped fitness center will keep you on track and on target.

Other essential services include a Butterfly MX entry system, fingerprint smart locks and bike storage.

From the peaceful shady streets to the Hunters Point Historic District, a national historic district of red-brick brownstones from the late 19th century, this micro-hood holds a special appeal. It’s invitingly residential, while close to plentiful shopping and dining choices, and just two blocks from the waterfront. And that’s perhaps best of all. The Alchemy is well situated near the East River, so that Gantry Plaza State Park — that amazing riverside retreat with playgrounds, fishing piers and running paths, along with Hunters Point South Park, is your backyard. The 11-acre Hunters Point South Park —considered a model of urban ecology and sustainable thinking — features a central green, playground, dog run, bikeway, waterside promenade with spectacular views of the Manhattan skyline), basketball court, and a 13,000 square foot pavilion with an elevated cafe plaza. It’s all outside your door!

Transportation is easily accessible. Convenient options include both the 7 subway line and Long Island Rail Road, also the ferry at Hunter’s Point South is an appealing alternative.

All this and more awaits you at The Alchemy. Far from ordinary. It’s urban living transformed.

Listing History for 50-07 5th Street, 5-D

Now
01/22/2024
$772,850
Sold and Closed by Alexander Pereira
Modern Spaces, LLC
2024

Building Details for 50-07 5th Street

OwnershipCondo
Building TypeLow-Rise
Service LevelVirtual Doorman
AgePost-War
AccessElevator
Year Built2023
Financing Allowed90%
Floors/Apts6/17
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
0.14 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 Agents

Contact Agents

Alexander Pereira
Modern Spaces, LLC
Gala Chan
Modern Spaces, LLC

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: 2052508