517 51st Avenue Long Island City, NY $ 2,799,000
517 51st Avenue
$ 2,799,000
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517 51st Avenue

Long Island City, NY, 11101
$ 2,799,000
Bedrooms-- Baths-- Sq 3,600

Monthly Estimate*

$ 17,234

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Commercial Property for sale in Long Island City, NY

for $2,799,000. This 3,600 square foot building was built in 1931 on a lot size of 0.057392.

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.

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Commercial Active

Price

$ 2,799,000

Property Type

Commercial

Taxes

$ 13,411

Style

Multi Family

Lot Size

0.057392

Year Built

1931

Town/City

Long Island City

County/Region

Queens

MLS | Web ID

956251

Features
General
Sewer Public Sewer
Heating Baseboard
Cooling Wall/Window Unit(s)
Utilities Cable Connected Electricity Connected Natural Gas Connected Sewer Connected Trash Collection Public Water Connected
Zoning M14 R6B
Construction Materials Unknown
Year Built 1931
Property Subtype Multi Family
Tax Year 2025
Parcel Number 00033-0018
County Queens
Insurance Expense 8580
Property Type Commercial Sale
City New York
Number Of Units Total 6
Property Attached Y/N Y
Tax Annual Amount 13411
Showing Instructions text L/A Paul 917-859-0002
Fuel Expense 5735
Water Sewer Expense 2224
Building Area Units Square Feet
Standard Status Active
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Interior
Basement Full
Total Stories 3
Basement Features Full
Basement (Y/N) Y
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Exterior
Parking Features None None
Water Source Public
Building Area Total 3600
Waterfront Y/N N
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Internal Only
Street Number 1 517
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* Excluded Features
List By
Soon K. Jung

Listing Agent

Re/Max Frontier

Broker

718-224-2900

Contact

Affordability Calculator

$18,352
Per Month
94%
6%
0%
Monthly Principal & Interest
$17,234
Monthly Property Taxes
$1,118
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/3/2026$2,799,000 Listed Price

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517 51st Avenue, Long Island City, NY, 11101 is a Commercial Property for sale at $2,799,000 with 3,600 sqft and a lot size of 0.057392. 517 51st Avenue was built in 1931. The property's zip code is 11101 which is in Long Island City, NY