$1,395,000
Updated 3 months ago
Off Market

The Foundry at Hunters Point

2-40 51st Ave, 1-H

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

Loft 4 Rooms2 Beds2 Baths1,021 Square FeetCondo

$1,395,000
Common Charges$1,345
RE Taxes$564
Price Per SF
$1,366

Listing Features

  • Abundant Closets
  • Duplex
  • High Ceilings [13']
  • Walk-in Closet
  • Washer / Dryer
  • Flr-to-Clg Windows
  • New Windows
  • Convection Oven
  • Dishwasher
  • Gourmet Kitchen
  • Microwave
  • S Steel Appliances
  • Marble Bathroom
  • Stall Shower

Outdoor space and views

  • 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, 1-H

Residence 1H at The Foundry Condominium (2-40 51st Avenue) is a standout two-bedroom, two-bathroom home with dramatic 16'6" ceilings that create an immediate sense of scale, light, and flexibility for living and entertaining.
The kitchen is outfitted with a high-quality appliance package, including a Miele dishwasher, Liebherr refrigerator, and Jenn-Air gas range with convection oven and broiler. A newly installed Kohler hands-free faucet (November 2025) adds a modern touch. The home also features an in-unit washer and dryer, including a brand new Asko washer (November 2025) and ventless Asko dryer.
The Foundry is a well-run condominium offering flexibility for both end-users and investors. Amenities include a fitness center just down the hall, a private rooftop cabana, virtual doorman service, a hands-on superintendent, and a landscaped common courtyard.
A parking garage with dedicated storage and EV charging stations is available (not included in the purchase price).
Perfectly positioned near the Long Island City waterfront, you're moments from Gantry Plaza State Park and the best of Vernon Boulevard's restaurants, cafes, and everyday conveniences. The new Vibe Fitness is right around the corner.
Commuting is easy with the 7 train at Vernon Blvd-Jackson Ave, the G train at 21st Street, and the NYC Ferry all nearby, offering quick access to Midtown Manhattan and beyond.
Loft-like volume, strong amenities, and a prime LIC location-Residence 1H checks every box.
Photos are virtually staged.

Video Walkthrough


Listing History for 2-40 51st Ave, 1-H

Now
05/21/2026
TOM by Olivia Ionescu
Corcoran
04/08/2026
$1,395,000
Initial Price by Olivia Ionescu
Corcoran

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 Agent

Contact Agent

Licensed As
Olivia Ionescu
Associate Broker
License#:
10301214670
Company:
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: 531274