$2,400,000
Updated a year ago
Sold

The Prestige

50-01 5th Street, PH-4A

Long Island City, Queens | 49th Street & 50th Street

Loft 5 Rooms2 Beds2 Baths1,542 Square FeetCondo

$2,400,000
Common Charges$1,126
RE Taxes$1,396
Price Per SF
$1,556

This property was sold for $2,400,000 on 07/28/25.

Listing Features

  • Abundant Closets
  • Corner Apartment
  • Custom Closets
  • Custom Lighting
  • Dining Alcove
  • Dressing Area
  • Gas Fireplace
  • High Ceilings [10']
  • Home Office
  • In Wall Speakers
  • Laundry Room
  • Library / Den
  • Murphy Bed
  • Open Space
  • Penthouse/Top Flr
  • Pocket Doors
  • Recessed Lighting
  • Security System
  • Split Bedrooms
  • Storage Closet
  • Sunken Living Room
  • Surround Sound
  • Track Lighting
  • Wall Mounted TV
  • Washer / Dryer
  • Oversized Windows
  • Skylights
  • California Kitchen
  • Convection Oven
  • Dishwasher
  • Microwave
  • New Appliances
  • Open Kitchen
  • Windowed Kitchen
  • Double Vanity
  • Oversized Bathroom
  • Stall Shower

Outdoor space and views

  • Terrace [1,122 SF]
  • One WTC
  • East Exposure
  • North Exposure
  • West Exposure

Building Amenities

  • Virtual Doorman
  • Bike Storage
  • Elevator
  • Fitness Facility
  • Roof Deck
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 50-01 5th Street, PH-4A

PENTHOUSE| One- of-a- Kind Indoor- Outdoor Oasis in the Heart of LIC | Convertible 3BR 2BA | 1,542 sq ft interior 1,122 sq ft private terrace| Exclusive floor

Welcome to this unique gem of a penthouse in the heart of LIC. A sprawling 1,542 sf home offering true indoor-outdoor living with an additional 1,122sf private terrace. Set on its own private floor, this is the only residence with the building's fitness center, like having a personal gym right outside your door. This convertible 3 bedroom, 2 bathroom residence offers incredible flexibility, privacy, space, making it the perfect sanctuary for those seeking luxury and convenience.

Step inside to discover an expansive open layout with oversized windows and skylights that flood the space with natural light all day. Enjoy the warmth and charm of a custom gas fireplace in the oversized living room. The chef's kitchen features sleek cabinetry and abundant storage throughout, premium stainless steel appliances, vented hood and a generous island perfect for entertaining 5 or 50. The flexible layout allows for a third bedroom, home office or media room to suit your needs. The spacious laundry room includes new washer and dryer.

The master bedroom is exceptionally large, easily fits a king sized bed with much more room to spare. Thoughtfully designed with whole wall of custom floor-to-ceiling closets. Large upgraded master bath that includes double vanities and more closets. The second bedroom also offers generous space and oversized windows with abundant sunlight.

The 1122sf massive private terrace, equipped with water and electric hookups and a custom-built pergola with lighting, ideal for outdoor dining, lounging, gardening or hosting unforgettable gatherings.

Located in the vibrant heart of Long Island City, just steps away from waterfront parks, restaurants, ferry and train, supermarket. This is a rare opportunity to own a truly unique home.

Building Details for 50-01 5th Street

OwnershipCondo
Building TypeLoft
Service LevelVirtual Doorman
AgePost-War
AccessElevator
Year Built2009
Financing Allowed90%
Floors/Apts4/7
Learn More About the Building

Transit and Citi Bike

Subway

Vernon Blvd-Jackson Av
0.15 miles
21 St
0.36 miles
Hunters Point Av
0.4 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 Agent

Contact Agent

Crystal Yeung
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: 2126025