NOT LISTED FOR SALE

5-03 50th Ave Unit 3B Long Island City, NY 11101

Hunters Point Neighborhood

Estimated Value: $1,349,000 - $1,535,000

2 Beds
2 Baths
1,206 Sq Ft
$580/mo HOA Fee

Last Sold November 01, 2018

Last sale price $1,395,000 $1,157 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $9,184/month

75 Days on Market

Highlights

  • South Facing Home
  • 2-minute walk to Vernon Boulevard-Jackson Avenue
  • 2-minute walk to Gantry Plaza State Park
  • P.S./I.S. 78Q Early Childhood Center Rated A

About This Home

As of November 2018

This is not your average NYC apartment! Loft 3B features a soaring and sun-filled grand entertaining space with 11 foot ceiling height facing south onto 50th Avenue, less then a block away from the 7 train and 2 blocks from the waterfront parks and Ferry terminal. 3B has a dramatic and inviting open floorplan with tremendous storage (including bike) and build-ins throughout. Like to cook? Do so in the updated stainless steel kitchen which includes a 40 bottle wine cooler and massive island. 2 generous bright bedrooms and 2 large baths complete the picture with one having a thoughtful sleep-loft built to add additional living space to the floorplan. The Galaxy Condo is an intimate building with a grand furnished rooftop allowing for sunset meals with Manhattan skyline views especially of the 4th of July fireworks located 1 stop from Grand Central and steps from all the conveniences one can imagine. 421-A tax abatement in place until June 30th, 2023. Don't miss this rare opportunity.

Last Agent to Sell the Property

Coco Dorneanu

Argo Residential License #30DO0898386 Listed on: 06/25/2018

Co-Listed By

Tiffany Ong

Argo Residential License #30ON0957121

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $600

Lot Details

  • South Facing Home

HOA Fees

  • $580 Monthly HOA Fees

Home Design

  • 1,206 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Community Details

  • The Galaxy Condos
  • Long Island City Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$600

Lot Details

0

HOA Fees

$580 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Long Island City
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 1206.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 2

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 580.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: The Galaxy

Tax Info

  • Tax Block: 0
  • Tax Annual: 600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2018
Closed on
Oct 26, 2018
Sold by
Benson Sonia and Benson Troy
Bought by
Lapcevic Maja
Seller's Agent
Coco Dorneanu
Argo Residential
List Price
$1,395,000
Sold Price
$1,395,000
Current Estimated Value
$1,425,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,861
Avg. Annual Appreciation
0.31%
Original Mortgage
$503,904
Outstanding Balance
$442,176
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$983,685

Purchase Details

Closed on
Apr 2, 2007
Sold by
Jsl Realty Holdings Llc
Bought by
Benson Sonia and Benson Troy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,400
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lapcevic Maja $1,395,000 --
Benson Sonia $853,000 --
Benson Sonia $853,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lapcevic Maja $503,904
Previous Owner Benson Sonia $682,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2018 11/01/18 Sold $1,395,000 0.0% $1,157 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $1,395,000 -- $1,157 / 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 $13,514 $107,685 $10,314 $97,371
2024 $13,514 $108,093 $10,314 $97,779
2023 $13,259 $106,056 $10,314 $95,742
2022 $10,510 $106,083 $10,314 $95,769
2021 $8,054 $105,969 $10,314 $95,655
2020 $5,606 $120,989 $10,314 $110,675
2019 $2,952 $116,612 $10,314 $106,298
2018 $660 $86,933 $10,314 $76,619
2017 $660 $79,338 $10,314 $69,024
2016 $669 $79,338 $10,314 $69,024
2015 $523 $74,956 $11,244 $63,712
2014 $523 $75,399 $11,824 $63,575
Source: Public Records

Agents Affiliated with this Home

  • Coco Dorneanu

    Seller's Agent in 2018

    Coco Dorneanu

    Argo Residential

    (212) 896-8614

    20 Total Sales

    Coco Dorneanu
    Section Image

  • T

    Seller Co-Listing Agent in 2018

    Tiffany Ong

    Argo Residential

    (212) 896-8614

    18 Total Sales

    Tiffany Ong
    Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10439318

Real Estate Board of New York (REBNY)

APN: 00032-1006

New York Queens County Long Island City 11101 Hunters Point

5-03 50th Ave Unit 3B, Long Island City, NY

This home is located at 5-03 50th Ave Unit 3B, Long Island City, NY 11101 since 25 June 2018 and is currently estimated at $1,425,861, approximately $1,182 per square foot. 5-03 50th Ave Unit 3B 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.

RLS Data display by Homes.com LLC

Nearby Homes