NOT LISTED FOR SALE

5-03 50th Ave Unit 4B Long Island City, NY 11101

Hunters Point Neighborhood

Estimated Value: $1,260,000 - $1,635,000

2 Beds
2 Baths
1,206 Sq Ft
$578/mo HOA Fee

Last Sold December 01, 2022

Last sale price $1,475,000 $1,223 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $9,798/month

152 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 December 2022

This large and bright 2BR/2BA condo in the heart of Hunters Point LIC is available for purchase! With soaring 11-foot ceilings and Georgian-style sash oversized windows, this 1,206 sq.ft. unit is beautiful and charming and much more unique than your cookie-cutter condos for sale in the area. The South-facing apartment boasts amazing light and an enormous open kitchen/living room floor plan. European base-board heating, Santos Mahogany wood floors, large bedrooms with extensive storage, and even a proper utility room with washer/dryer make this unit feel like home. Even more appealing, this unit has extremely low common charges. The Galaxy Condominium features a 5,000 sq.ft. roof deck with views of Manhattan and Long Island City (perfect for the 4th of July fireworks!), and a virtual video doorman system. Situated on the same block as the 7 train (one stop to Grand Central!) as well as one block to the East River and the gorgeous waterfront parks, this apartment has one of the best locations in all of Long Island City. Restaurants, playgrounds, the East River ferry, grocery stores, bars, coffee shops, schools, daycares, urgent care, and pharmacies are just minutes from your door. The beautiful LIC waterfront is home to a new state-of-the-art library, also just minutes away. This bright, charming, and spacious apartment is like no other unit on the market in LIC. Please schedule a viewing today!

Last Agent to Sell the Property

Jonna Stark

Brown Harris Stevens Queens LLC License #10301213567 Listed on: 06/02/2022

Brown Harris Stevens Queens LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,028

Year Built

  • Built in 2006

Lot Details

  • South Facing Home

HOA Fees

  • $578 Monthly HOA Fees

Home Design

  • 1,206 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 12 Units
  • The Galaxy Condos
  • Long Island City Subdivision
  • 5-Story Property

Listing and Financial Details

  • Tax Block 00032

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,028

Year Built

Built in 2006

Lot Details

0

HOA Fees

$578 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Long Island City
  • Entry Level: 4
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Living Area: 1206.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 578.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: THE GALAXY
  • Units: 12
  • Total Stories: 5
  • Year Built: 2006

Tax Info

  • Tax Block: 00032
  • Tax Annual: 8028.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2022
Sold by
Gourevitvh Eugene
Bought by
Lu Jianying and Sun Fenflei
Current Estimated Value
$1,485,454

Purchase Details

Closed on
May 1, 2007
Sold by
Jsl Realty Holdings Llc
Bought by
Gourevitch Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$694,400
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Lu Jianying $1,432,500 --
Gourevitch Eugene $868,000 --
Gourevitch Eugene $868,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gourevitch Eugene $694,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Sold $1,475,000 +1.7% $1,223 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $1,450,000 0.0% $1,202 / Sq Ft
06/11/2019 06/11/19 Rented -- -- --
05/12/2019 05/12/19 Under Contract -- -- --
04/17/2019 04/17/19 For Rent $4,500 -- --
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 $13,010 $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

  • Jonna Stark

    Seller's Agent in 2022

    Jonna Stark

    Brown Harris Stevens Queens LLC

    (917) 696-3698

    23 in this area

    35 Total Sales

    Jonna Stark
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10898468

Real Estate Board of New York (REBNY)

APN: 00032-1009

New York Queens County Long Island City 11101 Hunters Point

5-03 50th Ave Unit 4B, Long Island City, NY

This home is located at 5-03 50th Ave Unit 4B, Long Island City, NY 11101 since 02 June 2022 and is currently estimated at $1,485,454, approximately $1,231 per square foot. This property was built in 2006. 5-03 50th Ave Unit 4B 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.

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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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