NOT LISTED FOR SALE

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

Hunters Point Neighborhood

Estimated Value: $1,109,000 - $1,483,000

2 Beds
1 Bath
1,127 Sq Ft
$539/mo HOA Fee

Last Sold September 28, 2022

Last sale price $1,225,000 $1,087 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,887/month

123 Days on Market

Highlights

  • The community has rules related to allowing pied a terres
  • 2-minute walk to Vernon Boulevard-Jackson Avenue
  • Garage
  • P.S./I.S. 78Q Early Childhood Center Rated A
  • 11 Foot Ceilings
  • 2-minute walk to Gantry Plaza State Park

About This Home

As of September 2022

This Beautiful convertible 2 bedroom, 1 bathroom home features 11 foot ceilings, Mahogany hardwood flooring, extensive closet storage, along with Georgian-style sash oversized windows that allow the residence to be drenched in natural sunlight. Spanning approximately 1,127 square feet, the expansive living room allows the unit to be converted into a 2 bedroom apartment. The condo also boasts an open layout with European base-board heating, and in-unit 2 in 1 washer/dryer.

Located in the heart of Hunters Point , and a block away to the waterfront, as well as Gantry State Plaza. All major transportation, shops, grocery stores, schools, restaurants, cafes and more. The building also features of a 5,000 SF roof deck with views of the Manhattan skyline, a private parking garage, bike storage, and a virtual doorman

Last Agent to Sell the Property

Sharon Weinstein

Modern Spaces License #10401210915 Listed on: 04/08/2022

Modern Spaces

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,488

Year Built

  • Built in 2008

Lot Details

  • Home has sun exposure from multiple directions
  • Property is in good condition

HOA Fees

  • $539 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1,127 Sq Ft Home
  • 11 Foot Ceilings
  • Dining Area

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • Long Island City Subdivision
  • The community has rules related to allowing pied a terres
  • 5-Story Property

Listing and Financial Details

  • Legal Lot and Block 7501 / 32

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,488

Year Built

Built in 2008

Lot Details

0

HOA Fees

$539 per month

Listing Details

  • Cross Street: 5th Street/Vernon Boulevard
  • Exposures: North, East, West
  • SponsorUnitYN: No
  • BuildingRules: BuildingWasherDryerAllowed, PiedATerreAllowed
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Long Island City
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Washer Dryer
  • Ceiling Height: 11.0
  • Living Area: 1127.0
  • Living Area Units: Square Feet
  • Dining Type: Area
  • Floor Number: 4

Beds/Baths

  • Bathrooms Total: 1
  • Full Bathrooms: 1
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Building RoofDeck
  • Property Condition: Good

Garage/Parking

  • Garage: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 539.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • New Development: No
  • Landmark Status: No
  • Total Stories: 5
  • Year Built: 2008

Tax Info

  • Tax Block: 32
  • Tax Lot: 7501
  • Building Tax Lot: 7501
  • Tax Annual: 7488.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Sep 28, 2022
Sold by
Lee Jason Jaesung
Bought by
Manship Thomas
Seller's Agent
Sharon Weinstein
Modern Spaces
List Price
$1,325,000
Sold Price
$1,225,000
Premium/Discount to List
-$100,000
-7.55%
Views
2
Current Estimated Value
$1,339,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,181
Avg. Annual Appreciation
4.56%
Original Mortgage
$796,250
Outstanding Balance
$765,546
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$628,557

Purchase Details

Closed on
Feb 28, 2013
Sold by
Grzhonko Lev
Bought by
Lee Jason Jae Sung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2007
Sold by
Jsl Realty Holdings Llc
Bought by
Grzhonko Lev

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
6.18%
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
Manship Thomas $1,225,000 --
Lee Jason Jae Sung $690,000 --
Lee Jason Jae Sung $690,000 --
Grzhonko Lev $830,000 --
Grzhonko Lev $830,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manship Thomas $796,250
Previous Owner Lee Jason Jae Sung $517,500
Previous Owner Grzhonko Lev $664,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2022 09/28/22 Sold $1,225,000 +2.2% $1,087 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
06/29/2022 06/29/22 Price Changed $1,199,000 -7.4% $1,064 / Sq Ft
04/28/2022 04/28/22 Price Changed $1,295,000 -2.3% $1,149 / Sq Ft
04/08/2022 04/08/22 For Sale $1,325,000 -- $1,176 / 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 $12,610 $100,485 $9,622 $90,863
2024 $12,610 $100,866 $9,622 $91,244
2023 $12,372 $98,964 $9,622 $89,342
2022 $9,808 $98,989 $9,622 $89,367
2021 $7,516 $98,884 $9,622 $89,262
2020 $5,231 $112,899 $9,622 $103,277
2019 $2,755 $108,815 $9,622 $99,193
2018 $616 $81,124 $9,622 $71,502
2017 $616 $74,036 $9,622 $64,414
2016 $625 $74,036 $9,622 $64,414
2015 $488 $69,947 $10,491 $59,456
2014 $488 $70,359 $11,031 $59,328
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sharon Weinstein

    ModernSpaces

    (917) 215-3054

    6 in this area

    7 Total Sales

    Sharon Weinstein
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10800595

Real Estate Board of New York (REBNY)

APN: 00032-1010

New York Queens County Long Island City 11101 Hunters Point

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

This home is located at 5-03 50th Ave Unit 4C, Long Island City, NY 11101 since 08 April 2022 and is currently estimated at $1,339,181, approximately $1,188 per square foot. This property was built in 2008. 5-03 50th Ave Unit 4C 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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