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Residential Income Property with Loft Layout

2-17 51st Avenue 410, Queens, NY 11101

For Sale
$895,000

A south-facing residence offers a flexible alcove, in-unit laundry, and access to extensive building amenities.

Property Size759 SF
Price / SF$1,179
Days on Market125

Property Features for 2-17 51st Avenue 410

General Information

Standard status Active
Size 759 SF
Property subtype Apartment
Occupancy 100%

Additional Details

Public Transit Yes
Multifamily Units 1
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $4,692

Amenities

24/7 concierge
fitness center
spa
residents' lounge
media room
business center
children's playroom
bicycle storage
cold storage
rooftop terrace

Building Details

Building Size 759 SF
Year Built 1906
Tenancy Single
Listing Agency: Modern Spaces
Listed By: Mae Liew
Source: Decodenyc
Added: Jul 8 Changed: Nov 8 Last Checked: Nov 8 at 3:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Modern Spaces

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Investment Insights

Based on property information with market context.

This 759-square-foot loft residence has a flexible alcove that can serve as a home office or sleeping area, two closets within the alcove, and a separate entry closet. Ten-foot ceilings and oversized south-facing windows bring natural light into the living space. The open kitchen includes quartzite counters, lacquered cabinetry, stainless steel appliances, and a seated bar; a washer and dryer are also included. The building dates to 1906.

Residents have access to a fitness center, spa with whirlpool, sauna and steam room, lounge, media room, business center, children’s playroom, bicycle and cold storage, and a rooftop terrace with grills and picnic areas. Rental parking is available next door. The property is in Long Island City, near the 7 train, East River Ferry, Gantry Plaza State Park, and Vernon Boulevard dining and retail.

A tenant is in occupancy through January 2027 and is open to renewing the lease.

Key Highlights

  • 759‑square‑foot residence with a flexible alcove and two closets in the alcove
  • Ten‑foot ceilings and oversized south‑facing windows
  • Open kitchen with quartzite countertops, stainless steel appliances, and seated bar

Property Analytics

Lease Details

1
Residential units
100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,928
Businesses Nearby

Demographics for 11101, NY

48,867
Population
27,093
Households
1.8
Avg Household Size
33
Median Age
65%
College-Educated
90%
High-School Grad
2.6 sq mi
ZIP Area
18,795
Density / Sq Mi
$116,807
Median Household Income
$83,892
Median Earnings
$2,740
Median Rent
$995,500
Median Home Value

Market

Average Price Trend$/SF for Residential income properties in Queens, NY

$761 Jul
$629 Aug
$622 Sep
$637 Oct

Properties on Market for Residential income properties in Queens

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - A south-facing residence offers a flexible alcove, in-unit laundry, and access to extensive building amenities.
Where is this residential income property located?
The property is located at 2-17 51st Avenue 410 Queens, NY.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 759‑square‑foot residence with a flexible alcove and two closets in the alcove; Ten‑foot ceilings and oversized south‑facing windows; Open kitchen with quartzite countertops, stainless steel appliances, and seated bar
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