Updated 3 days ago

The Alchemy Condominium

50-07 5th Street, 5-D

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

3 Rooms1 Bed1 Bath533 Square FeetCondo Resale

$877,000
Common Charges$587
RE Taxes$702
Price Per SF
$1,645

Listing Features

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

Outdoor space and views

  • Balcony
  • 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

Introducing Residence 5D -- impeccably maintained 1-bedroom, 1-bathroom home offering sophisticated design, premium finishes, and exceptional natural light throughout.

Thoughtfully crafted with contemporary elegance, this pristine home features airy 10-foot ceilings, wide-plank 7-inch oak flooring, and a private balcony with open eastern exposure, creating a bright and inviting living environment.

The open kitchen showcases custom Italian cabinetry complemented by fully paneled Fisher & Paykel appliances and Bosch gas range. While the spa-inspired bathroom is appointed with imported Italian and Spanish tilework, a luxurious Grohe shower system, and Toto fixtures, creating a serene retreat designed for everyday comfort.

Additional highlights include an in-unit washer and dryer, an energy-efficient Mitsubishi HVAC system, Fingerprint Smart Lock, and floor-to-ceiling Cortizo windows from Spain that fill the home with natural light throughout the day.

The Alchemy is a 6-story, 17-unit boutique building located in the heart of Hunters Point in Long Island City. Building amenities include a furnished roof deck with a BBQ grill, fitness center, bike storage, and ButterflyMX Intercom System.

Just two blocks from Gantry Plaza State Park, residents enjoy easy access to the waterfront, featuring expansive green spaces, scenic promenades, and iconic Manhattan skyline views. Commuting to Manhattan is effortless via the 7 train and East River Ferry.

Contact the listing agent for a private tour.

Some photos have been virtually staged.

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

Now
06/02/2026
$877,000
Initial Price by Alexis Yoo
Modern Spaces, LLC
2026

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 Agent

Contact Agent

Licensed As
Licensed Real Estate Salesperson
Associate Broker
License#:
10301212348
Company:
Modern Spaces, LLC
Alexis Yoo
Modern Spaces, LLC
View this property on the company's website

Building Availability

APPSF
Median
Average
$1,645
$877,000
$877,000
Last 12 months
$85
-
-

One Bed in Long Island City

APPSF
Median
Average
$1,546
$950,000
$1,000,678
$1,627
$990,000
$1,004,327

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: 2181829