517 51st Avenue, Long Island City, NY 11101
Queens County
Key Facts
Description
Set just one block from Gantry Plaza State Park, this refined multi-family residence captures the quiet rhythm of Long Island City’s waterfront—where the city reveals its most elegant side. Morning runs unfold along the East River with Manhattan’s skyline stretching effortlessly across the horizon, a daily reminder that the world’s most dynamic city is both near and gracefully distant. Tree-lined streets offer calm and privacy, while the surrounding neighborhood hums with understated cultural energy. The classic three-story building features six well-appointed one-bedroom residences, each benefiting from a location that has long defined desirability rather than chasing it. Here, lifestyle and investment move in the same direction—anchored by permanence, proximity, and prestige. With East River Ferry access nearby, commuting becomes a refined alternative to the ordinary, connecting residents to Manhattan with ease. Cafés, dining, and cultural destinations are moments away, completing a setting that feels distinctly New York, yet remarkably composed. This is a rare opportunity to secure a property that embodies the poetry of the city—measured, confident, and enduring.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1931
Stories
3
Living Area
3,600 sq ft
Lot Size
2,500 sq ft
Days on Market
1
MLS® Listing#
956251
Property Features
Cooling
Heating
Basement
Parking
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$13,411
Parcel Number
00033-0018
Affordability Calculator
$559,800
Estimated monthly payment
$14,897/mo
Principal $2,239,200 · Est. interest $3,123,883 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Long Island City, NY
- $613,736
- Median Listing Price
- 55
- Median Days on Market
- 1,705
- Median Sq Ft
- $391
- Median Price / Sq Ft
- 1,319
- Active Listings
- This home’s price is 356% above the area median.
- Its price per sq ft is 99% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Long Island City, NY.
Location
Points of Interest in Long Island City, NY
Showing the Long Island City area map.
Nearby Schools
Gantry View School
School · 0.0 mi away
Hunters Point Community Middle School
Secondary · 0.2 mi away
PS/Is 78q - the Robert F. Wagner Junior School - Middle School Building
Secondary · 0.3 mi away
My Tree House
School · 0.3 mi away
PS 384q Pta
Elementary · 0.4 mi away
Hunters Point Elementary School
Elementary · 0.4 mi away
NYC Department of Education Division of School Facilities
Secondary · 0.5 mi away
P4q@Skillman School
School · 0.6 mi away
Apex Technical School
Secondary · 0.6 mi away
John F. Kennedy Junior School
Secondary · 0.6 mi away
Information Technology High School
Secondary · 0.7 mi away
Ando International
Secondary · 0.7 mi away
Mason Tender's Training Fund
School · 0.8 mi away
River School (the)
Elementary · 0.9 mi away
P.S. 384 - Hunters Point Elementary
Elementary · 0.9 mi away
Laguardia Community College Paramedic Program
School · 1.0 mi away
Nyu Vilcek Institute
School · 1.0 mi away
The British International School of New York
Elementary · 1.0 mi away
Montessori Family School
Elementary · 1.0 mi away
Bard High School Early College Queens
Secondary School · 1.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 35 Georgia Avenue, Long Beach, NY | $1,975,000 | 3 | 4 | 2,463 |
| 549 E Olive Street, Long Beach, NY | $1,975,000 | 4 | 4 | 3,200 |
| 226 50th Avenue 3D, Long Island City, NY | $1,975,000 | 3 | 2 | 1,391 |
| 296 Edgewater Street, Staten Island, NY | $1,980,000 | 5 | — | 2,625 |
| 165 W Walnut Street, Long Beach, NY | $1,988,888 | 4 | 4 | 3,200 |
| 10 Kirkwood Street, Long Beach, NY | $1,990,000 | 5 | 5 | 4,550 |
Moving Cost Estimate
EXIT Agents in Long Island City
Listing Courtesy: RE/MAX Frontier - 7182242900
Presented by: Soon K. Jung
Fair Housing Notice