Updated 4 days ago
In contract

Five27

5-27 51st Ave, 2-B

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

3 Rooms1 Bed1 Bath670 Square FeetCondo

$999,000
Common Charges$643
RE Taxes$43
Price Per SF
$1,491

Listing Features

  • Dishwasher
  • Microwave
  • Open Kitchen
  • S Steel Appliances

Outdoor space and views

  • Terrace [670 SF]

Building Amenities

  • Virtual Doorman
  • Bike Storage
  • Cold Storage
  • Elevator
  • Fitness Facility
  • Garage
  • Grilling Stations
  • Resident Lounge
  • Roof Deck

Policies

  • Pieds A Terre Ok

Property Description for 5-27 51st Ave, 2-B

2B or not 2B....that is the question! Rarely on the market, this stunning 1BR with an enormous private terrace is for sale in the heart of Hunters Point in Long Island City! With 670 sq.ft. of interior space, and an additional 670 sq.ft. of private outdoor space, this is truly a special and one-of-a-kind unit located in one of LIC's most desirable boutique luxury condos.

Unit 2B is has been impeccably maintained and has a smart and functional layout that feels spacious and open. The apartment boasts a beautiful kitchen with Ceasarstone Quarz counter tops and high-quality appliances, including Kitchen Aid oven range, microwave, and dishwasher, as well as Fisher & Paykel refrigerator. The kitchen flows nicely into the dining/living room, which is open and bright and looks out on the unit's stunning private terrace. The owner upgraded the fence surrounding the terrace and increased the height of the fence with double-sided premium recycled wood and polymers to ensure maximum privacy. This gorgeous terrace is a peaceful haven from the hustle and bustle of the city and is perfect for entertaining, gardening, and relaxing.

The bedroom easily fits a queen-sized bed, with ample room left over for additional furniture. Kohler and Duravit fixtures in the bathroom, LG washer/dryer, and white oak floors complete this thoughtfully-designed 1BR.

Five27 is a boutique condominium designed with architecture that is both modern and urban. The building's amenities include: a 24-hour virtual doorman, an outdoor common terrace with a grill, a fitness center, and a lounge for relaxing or hosting parties. Storage lockers and bike storage are also available for rent. Five27 is conveniently located just a few short blocks from the Vernon/Jackson subway stop on the 7 train, and it is one stop to Midtown Manhattan. Long Island City is one of the hottest neighborhoods in NYC, and at Five27, you are just minutes from restaurants, bars, shops, the subway, the East River Ferry, a new state-of-the-art library, and the magical waterfront park. The building offers a 421-a tax abatement in place until June 30th, 2029.

Listing History for 5-27 51st Ave, 2-B

Now
01/19/2024
Contract Signed by Jonna Stark
Brown Harris Stevens
2024

Building Details for 5-27 51st Ave

OwnershipCondo
Building TypeLow-Rise
Service LevelVirtual Doorman
AgePost-War
AccessElevator
Year Built2013
Financing Allowed80%
Floors/Apts5/27
Learn More About the Building

Transit and Citi Bike

Subway

Vernon Blvd-Jackson Av
0.11 miles
21 St
0.33 miles
Hunters Point Av
0.35 miles

Railroad

Long Island CityLong Island Rail Road
0.12 miles
Hunterspoint AvenueLong Island Rail Road
0.46 miles

Citi Bike

5 St & 51 Ave
0.05 miles
Vernon Blvd & 50 Ave
0.08 miles

Ferry

Hunters Point South
0.3 miles
Long Island City
0.44 miles

Building Availability

APPSF
Median
Average
$1,491
$999,000
$999,000
Last 12 months
$1,313
-
-

One Bed in Long Island City

APPSF
Median
Average
$1,283
$842,000
$848,889
$1,334
$826,700
$848,023

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.

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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: 2070596