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The Foundry at Hunters Point

2-40 51st Ave, 2-N

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

Loft 3 Rooms1 Bed1 Bath671 Square FeetCondo

$850,000
Common Charges$889
RE Taxes$480
Price Per SF
$1,267

Listing Features

  • Abundant Closets
  • High Ceilings [13']
  • Home Office
  • Storage Closet
  • Walk-in Closet
  • Washer / Dryer
  • Flr-to-Clg Windows
  • New Windows
  • Dishwasher
  • Gourmet Kitchen
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • Marble Bathroom
  • Soaking Tub
  • Stall Shower

Outdoor space and views

  • Balcony [12'x5']
  • City Views
  • North Exposure
  • West 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, 2-N

Welcome home to Residence 2N at The Foundry—a spacious one-bedroom, one-bathroom sanctuary featuring a private balcony and an in-unit washer/dryer. Nestled in a premier boutique condominium, this home puts you in the heart of Long Island City’s most sought-after waterfront enclave, West of Fifth Street.The chef’s kitchen features a sleek black granite peninsula, a full-height glass backsplash, and premium stainless-steel appliances including a gas range. Ample storage and generous workspace make the kitchen functional and ideal for entertaining.The spa-style bathroom features elegant tile-clad floors and walls, a deep soaking tub with shower, and a clean, contemporary design.The spacious bedroom easily accommodates a king-size bed with room for a home office setup.Building amenities at The Foundry include a dramatic double-height lobby with concierge service, on-site resident manager, package room, a large fitness center, bicycle storage, and an expansive mezzanine-level outdoor terrace. The building is pet-friendly.Perfectly located just two blocks from the NYC Ferry and the 7 train. The Foundry offers effortless access to Manhattan—just one stop to Grand Central. Enjoy proximity to Gantry Plaza State Park, Hunters Point South Park, and the award-winning Hunters Point Library designed by Steven Holl Architects. Cafés, bars, restaurants, Trader Joe’s, and Target are all just moments away, along with the future Whole Foods and Chelsea Piers on nearby Jackson Avenue.The home is tenant occupied and will be delivered vacant at closing.

Listing History for 2-40 51st Ave, 2-N

Now
09/25/2026
$850,000
Initial Price by Patrick W. Smith
The Smith Group
08/17/2026
POM by Serene C. Powers
Serene Powers Real Estate

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
Patrick W. Smith
Broker
License#:
10491213839
Company:
The Smith Group
View this property on the company's website

Building Availability

APPSF
Median
Average
$1,267
$850,000
$850,000
Last 12 months
$1,345
-
-
Last 12 months
$68
-
-

One Bed in Long Island City

APPSF
Median
Average
$1,500
$932,250
$965,297
$1,627
$992,500
$1,017,524

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: 151979