$827,000
SOLD AUG 27, 2025

The Foundry at Hunters Point 2-40 51st Ave Unit 2F Long Island City, NY 11101

Hunters Point Neighborhood
1 Bed
1 Bath
695 Sq Ft
$851/mo HOA Fee

Recently Sold

$1,190 Per Sq Ft

7% Below List Price

Highlights

  • Rooftop Deck
  • 3-minute walk to Vernon Boulevard-Jackson Avenue
  • New Windows
  • P.S./I.S. 78Q Early Childhood Center Rated A
  • City View
  • 3-minute walk to Gantry Plaza State Park

About This Home

As of August 2025

Chic One-Bedroom Condo in the Heart of Long Island City

Discover urban living at its finest in this modern one-bedroom condo located in the sought-after neighborhood of Long Island City. Step inside to find an open layout that maximizes spaces, features an open-concept kitchen with sleek cabinetry, perfect for cooking and entertaining. South facing floor-to-ceiling windows flood the living space with natural light, offering expansive views and overlooking the building’s outdoor terrace. The spacious bedroom provides a comfortable retreat, while the in-unit washer and dryer add convenience to your daily routine. Situated just steps from waterfront parks, restaurants, east river ferry and the 7 train subway, this condo offers both luxury and accessibility. Make this your new home in LIC!

Last Agent to Sell the Property

Chingching Yeung

Modern Spaces License #10401250211 Listed on: 11/12/2024

Modern Spaces

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,236

Year Built

  • Built in 2008

HOA Fees

  • $851 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 695 Sq Ft Home
  • 4-Story Property
  • New Windows
  • City Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • South Facing Home
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Legal Lot and Block 7501 / 15

Community Details

Overview

  • Long Island City Subdivision

Amenities

  • Rooftop Deck
  • Courtyard

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,236

Year Built

Built in 2008

Lot Details

0

HOA Fees

$851 per month

Listing Details

  • Cross Street: 50th Avenue/51st Avenue
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Long Island City
  • Architectural Style: Loft
  • Entry Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 695.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Window Features: New Windows

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Courtyard, Building Roof Deck

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, In Unit
  • Cooling: Wall Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 851.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Total Stories: 4
  • Year Built: 2008

Tax Info

  • Tax Block: 15
  • Tax Lot: 7501
  • Tax Annual: 4236.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2015
Closed on
Feb 29, 2016
Sold by
Park Byung D and Park Monica
Bought by
Fahmy Nabil
Seller's Agent
Chris Austad
Spire Group Inc
List Price
$775,000
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.81%
Original Mortgage
$575,000
Outstanding Balance
$458,444
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$378,410

Purchase Details

Closed on
Nov 1, 2010
Sold by
Fe 51St Avenue Llc
Bought by
Park Byung D and Park Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $775,000 --
Deed $441,090 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $575,000 Purchase Money Mortgage
Previous Owner $285,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 Sold $827,000 -6.6% $1,190 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
11/12/2024 11/12/24 For Sale $885,000 +14.2% $1,273 / Sq Ft
03/01/2016 03/01/16 Sold $775,000 0.0% $1,112 / Sq Ft
01/31/2016 01/31/16 Pending -- -- --
11/11/2015 11/11/15 For Sale $775,000 -- $1,112 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,128 $41,712 $9,642 $32,070
2024 $4,231 $41,018 $9,642 $31,376
2023 $4,148 $40,034 $9,642 $30,392
2022 $3,075 $38,032 $9,642 $28,390
2021 $2,230 $36,790 $9,642 $27,148
2020 $1,505 $42,490 $9,642 $32,848
2019 $728 $39,358 $9,642 $29,716
2018 $735 $32,090 $9,642 $22,448
2017 $735 $29,896 $9,642 $20,254
2016 $744 $29,896 $9,642 $20,254
2015 $582 $29,590 $10,323 $19,267
2014 $582 $30,421 $10,663 $19,758
Source: Public Records

Agents Affiliated with this Home

  • Chingching Yeung

    Seller's Agent in 2025

    Chingching Yeung

    ModernSpaces

    (646) 392-5207

    3 in this area

    12 Total Sales

    Chingching Yeung
    Section Image
  • Chris Austad

    Seller's Agent in 2016

    Chris Austad

    Spire Group Inc

    (646) 912-1923

    9 in this area

    28 Total Sales

    Chris Austad
    Section Image
  • Ralph Modica

    Seller Co-Listing Agent in 2016

    Ralph Modica

    Compass

    (917) 407-0084

    60 Total Sales

    Ralph Modica
    Section Image
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About The Foundry at Hunters Point

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11020938

Real Estate Board of New York (REBNY)

APN: 00015-1016

New York Queens County Long Island City 11101 Hunters Point

2-40 51st Ave Unit 2F, Long Island City, NY

This home is located at 2-40 51st Ave Unit 2F, Long Island City, NY 11101 and is currently priced at $827,000, approximately $1,189 per square foot. This property was built in 2008. 2-40 51st Ave Unit 2F is a home located in Queens County with nearby schools including P.S./I.S. 78Q Early Childhood Center, I.S. 204 Oliver W. Holmes, and Long Island City High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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