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Full-Floor Residential Income Property
For Sale
$1,498,000

5-12 51st Avenue 3, Queens, NY 11101

Single-residence floor plan with generous entertaining areas, abundant windows, and elevated ceilings.

Property Size1,363 SF
Price / SF$1,099
Days on Market258

Property Features for 5-12 51st Avenue 3

General Information

Standard status Active
Size 1,363 SF
Property subtype Apartment

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $9,684

Building Details

Building Size 1,363 SF
Year Built 2017
Listing Agency: Modern Spaces
Listed By: Jee Young Park
Source: Carytamura
Added: Dec 8, 2025 Changed: Aug 20 Last Checked: Aug 22 at 11:03AM

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.

Residence 3 occupies the entire floor of a residential income property completed in 2017. The home includes notably expansive living and dining areas, with enough flexibility for multiple seating arrangements, workspace, and entertaining. Large windows and high ceilings contribute to a bright, open interior, while the single-residence floor configuration provides added privacy within the condominium setting.

The property is located at 5-12 51st Avenue in Long Island City, Queens. Waterfront areas, parks, dining, and transportation options are nearby, placing the residence within an established urban neighborhood. The property size is 1,363 square feet.

Key Highlights

  • Full‑floor residence with only one unit on the floor
  • 1,363 square feet of interior space
  • Large living and dining areas with flexible layout potential

Property Analytics

Current Use

5-12 51st Avenue Apartment Building

Suggested Use

Top Pick Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Adult Day Care Clothing & Fashion Store Restaurant

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Single-residence floor plan with generous entertaining areas, abundant windows, and elevated ceilings.
Where is this residential income property located?
The property is located at 5-12 51st Avenue 3 Queens, NY.
What is the asking price?
The asking price for this property is $1,498,000.
What are key features of this property?
This property features: Full‑floor residence with only one unit on the floor; 1,363 square feet of interior space; Large living and dining areas with flexible layout potential
More about this property
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