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1-Bedroom Residential Income Property
For Sale
$930,000

2-26 50th Avenue 7-H, Queens, NY 11101

Sponsor unit with balcony, in-unit laundry, modern kitchen, and individually controlled heating and cooling.

Property Size690 SF
Price / SF$1,347
Days on Market13

Property Features for 2-26 50th Avenue 7-H

General Information

Standard status Active
Size 690 SF
Property subtype Apartment

Units

Unit Mix 1 x 1BR
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $7,176

Amenities

full-time doorman
residents' lounge
outdoor patio
rooftop terrace
BBQ grills and dining areas
fitness room
bike storage
on-site rental parking

Building Details

Building Size 690 SF
Year Built 2011
Buildings 1
Stories 12
Listing Agency: Modern Spaces
Listed By: Mae Liew
Source: Carytamura
Added: Sep 19 Changed: Sep 29 Last Checked: Sep 30 at 4:52PM

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

Investment Insights

Based on property information with market context.

This 690-square-foot sponsor unit at The Yard Condominium includes one bedroom, a private balcony, hardwood floors, double-insulated windows, and an open kitchen with Fisher & Paykel stainless steel appliances, dishwasher, white and gray lacquer cabinetry, and a Carrera-tiled countertop. The bedroom accommodates a king-size bed and includes double closets. Amana electric heating and cooling units provide room-by-room control, while a Bosch washer and dryer are integrated into the residence. The property was built in 2011, and board approval is not required.

The Yard is a 12-story condominium with 83 units and amenities that include a full-time doorman, residents' lounge, outdoor patio, rooftop terrace with BBQ grills and dining areas, fitness room, bike storage, and on-site rental parking with direct lobby access. The building is two blocks from the 7 train, one stop from Grand Central, and under two blocks from the East River ferry, Vernon Boulevard restaurants and shops, and Gantry waterfront parks.

Key Highlights

  • 690 SF sponsor unit with no board approval required
  • One‑bedroom layout with private balcony, hardwood floors, and double‑insulated windows
  • Fisher & Paykel stainless steel appliances and Carrera‑tiled kitchen countertop

Property Analytics

Current Use

Powerhouse Yard Condo Condominium Complex LM Powerhouse Garage ... Parking Lot & Garage

Suggested Use

Top Pick Law Firm Nursing Home (Bike/Boat/Book/etc) Store Acupuncture Bed & Breakfast Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

3,875
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Sponsor unit with balcony, in-unit laundry, modern kitchen, and individually controlled heating and cooling.
Where is this residential income property located?
The property is located at 2-26 50th Avenue 7-H Queens, NY.
What is the asking price?
The asking price for this property is $930,000.
What are key features of this property?
This property features: 690 SF sponsor unit with no board approval required; One‑bedroom layout with private balcony, hardwood floors, and double‑insulated windows; Fisher & Paykel stainless steel appliances and Carrera‑tiled kitchen countertop
More about this property
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