---
title: "2-17 51st Avenue #1007, New York City, NY 11101"
description: "2-17 51st Avenue #1007, New York City, NY 11101 — Long Island City, New York City, NY. Listing Price $1,125,000. In contract 6/7/2026. 1 bed, 1 bath, 763 sqft Illustrative Buyer Commission Share of $16,875 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/2-17-51st-avenue-1007-ny-11101"
source: "Real Estate Rebate Team"
dateModified: "2026-09-05T05:56:01.736Z"
status: "Pending"
---

# 2-17 51st Avenue #1007, New York City, NY 11101

Long Island City, New York City, NY

Courtesy of Modern Spaces

Last updated: September 5, 2026, 1:56 AM

## At a Glance

- **Listing Price**: $1,125,000
- **Status**: In contract 6/7/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 1
- **Baths**: 1
- **Sqft**: 763
- **Common Charges**: $877 / mo
- **Monthly Taxes**: $303 / mo
- **Price per Sqft**: $1,474
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $1,125,000
- **Illustrative Buyer Commission Share**: -$16,875*
- **Illustrative Net Cost**: $1,108,125

*Illustrative Buyer Savings of $16,875 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![2-17 51st Avenue #1007, New York City, NY 11101 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/01aaf314-1d93-4e67-9b23-f76712b55a9c.jpg)
![2-17 51st Avenue #1007, New York City, NY 11101 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1df6bd4a-889a-4dc7-be34-5c47d4567dd9.jpg)
![2-17 51st Avenue #1007, New York City, NY 11101 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ba983c71-94c2-416a-8a62-4b9a7e5d34f5.jpg)
![2-17 51st Avenue #1007, New York City, NY 11101 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/68fe902b-ed50-4a47-a05e-bd4b26818920.jpg)
![2-17 51st Avenue #1007, New York City, NY 11101 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fa874556-9fd2-419f-8c30-98ea540f08c7.jpg)
![2-17 51st Avenue #1007, New York City, NY 11101 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1af08629-8188-47a1-adb3-873bf345c541.jpg)
![2-17 51st Avenue #1007, New York City, NY 11101 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/40b1a261-0b5f-4e94-84a9-c72c394703bb.jpg)
![2-17 51st Avenue #1007, New York City, NY 11101 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8a8e509c-8950-4940-89d1-1c7f59e7128f.jpg)
![2-17 51st Avenue #1007, New York City, NY 11101 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/df354e2f-7833-4271-8902-098277c3f6ed.jpg)
![2-17 51st Avenue #1007, New York City, NY 11101 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/71a2e515-3e1b-447b-b0c0-cca0d04a8cc8.jpg)

## Property Overview

New to Market: Sun-Drenched Modern Loft at Residence 1007

Welcome to Residence 1007 at The Powerhouse, where industrial character meets refined contemporary living. This impeccably maintained one-bedroom home offers soaring ceilings, oversized windows, and coveted southern exposure—flooding the space with natural light throughout the day.
The Residence
Designed for both comfort and functionality, the home features rich walnut hardwood floors and an airy, open layout. Storage is exceptional—an uncommon luxury—featuring a pantry, a formal coat closet, custom-built carbinet and a massive custom-built walk-in closet. An in-unit washer/dryer adds everyday convenience.
Chef’s Kitchen
The open kitchen blends style and performance with professional-grade Viking appliances, including a refrigerator and microwave, along with a stainless steel range and dishwasher. White lacquer and dark wood cabinetry are complemented by a vibrant glass backsplash and expansive quartzite countertops.
Primary Suite
The generously proportioned bedroom easily accommodates a king-size bed with room for a dedicated home office. Storage is thoughtfully designed with a large custom walk-in closet and an additional built-in carbinet. The spa-like bathroom features Italian tile, a deep soaking tub, and a rainfall showerhead.

Additional highlights include a Bosch washer/dryer and individually controlled heating and cooling systems in each room for year-round comfort.

The Building
Originally the Pennsylvania Railroad Power Station, The Powerhouse has been transformed into a premier luxury condominium by architect Karl Fischer and interior designer Andres Escobar. Known for its expansive layouts and distinctive design, the building remains one of Long Island City’s most sought-after addresses.

Amenities include:
24/7 concierge and live-in resident manager
State-of-the-art fitness center
Spa with whirlpool, sauna, and steam room
Residents’ lounge with pool table and wet bar
Media room and business center
Children’s playroom
Bicycle and cold storage
Expansive rooftop terrace with skyline views, sundeck, BBQ grills, and picnic areas
On-site rental parking available next door

Prime Long Island City Location
Ideally located just minutes from the 7 train (one stop to Grand Central) and close to the East River Ferry and Gantry Plaza State Park. Enjoy the best of LIC living with Vernon Boulevard’s vibrant dining scene—cafés, boutiques, and acclaimed restaurants—just one block away, along with everyday conveniences, including Food Cellar, Urban Market, Dumbo Market, Duane Reade, CVS, and the Gantry Home & Hardware store.
Don’t miss this rare opportunity to own a sun-filled, flexible loft in one of LIC’s premier buildings. Schedule your private showing today.

## Property Details

- **Property Type**: Condominium
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 3
- **Sqft**: 763 sqft
- **Stories**: 11
- **Year Built**: 1906
- **Price per Sqft**: $1,474
- **Common Charges**: $877 / Monthly
- **Monthly Taxes**: $303 / mo
- **Listed On**: Apr 17, 2026
- **Days on Market**: 149 Days

### Residence Features

- Wall Unit(s)
- Natural Gas
- Building Washer Dryer Install Allowed
- In Unit
- Building Roof Deck
- Dining Area
- Entrance Foyer
- Pantry
- Dryer
- Washer
- New Windows
- City
- River

## Sales Evidence

### Recent closed sales

25 apartments at 2-17 51st Avenue have recorded sales since September 2021, the most recent for $1,500,000 in July 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [913](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/2-17-51st-avenue-913-ny-11101) (Apartment) | 2 | 1,187 | $1,500,000 | $1,264/ft² | July 31, 2026 | MLS |
| 311 (Apartment) | Studio | 758 | $860,000 | $1,135/ft² | March 30, 2026 | City record · MLS |
| 808 (Apartment) | Studio | 608 | $725,000 | $1,192/ft² | September 26, 2025 | City record |
| 902 (Apartment) | 1 | 791 | $955,000 | $1,207/ft² | August 4, 2025 | City record · MLS |
| 204 (Apartment) | 2 | 1,281 | $1,578,000 | $1,232/ft² | July 15, 2025 | City record · MLS |
| 221 (Apartment) | 1 | 859 | $1,100,000 | $1,281/ft² | July 8, 2025 | City record |
| 413 (Apartment) | 2 | 1,268 | $1,600,000 | $1,262/ft² | February 3, 2025 | City record · MLS |
| 801 (Apartment) | 3 | 1,622 | $2,525,000 | $1,557/ft² | January 31, 2025 | City record · MLS |
| 216 (Apartment) | 2 | 1,357 | $1,670,000 | $1,231/ft² | January 10, 2025 | City record · MLS |
| 615 (Duplex) | 1 | 1,285 | $1,725,000 | $1,342/ft² | September 23, 2024 | City record · MLS |
| 417 (Apartment) | 1 | 1,013 | $1,195,000 | $1,180/ft² | September 4, 2024 | City record · MLS |
| 508 (Apartment) | 1 | 890 | $979,000 | $1,100/ft² | August 29, 2024 | City record · MLS |
| 518 (Apartment) | Studio | 618 | $695,000 | $1,125/ft² | August 19, 2024 | City record · MLS |
| 420 (Apartment) | 1 | 851 | $975,000 | $1,146/ft² | July 2, 2024 | City record · MLS |
| 1113 (Apartment) | 2 | 1,187 | $1,420,000 | $1,196/ft² | June 20, 2024 | City record · MLS |
| 405 (Apartment) | Studio | 757 | $875,000 | $1,156/ft² | August 25, 2023 | City record · MLS |
| 304 (Apartment) | 2 | 1,281 | $1,575,000 | $1,230/ft² | August 7, 2023 | City record · MLS |
| 416 (Loft) | 2 | 1,357 | $1,600,000 | $1,179/ft² | July 20, 2023 | City record · MLS |
| 303 (Apartment) | 1 | 947 | $1,085,000 | $1,146/ft² | May 23, 2023 | City record · MLS |
| 314 (Apartment) | 1 | 1,001 | $1,160,000 | $1,159/ft² | March 30, 2023 | City record · MLS |
| 805 (Apartment) | 3 | 2,249 | $2,620,000 | $1,165/ft² | October 17, 2022 | City record · MLS |
| 618 (Apartment) | Studio | 613 | $680,000 | $1,109/ft² | October 3, 2022 | City record · MLS |
| PH-1103 (Apartment) | 2 | 1,201 | $1,699,000 | $1,415/ft² | August 23, 2022 | MLS |
| 717 (Apartment) | 1 | 1,018 | $988,000 | $971/ft² | January 7, 2022 | City record · MLS |
| 210 (Apartment) | 1 | 759 | $750,000 | $988/ft² | September 24, 2021 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

The median closed price for comparable one-bedroom sales at 2-17 51st Avenue is $1,036,500, based on 10 sales between September 2021 and August 2025. This home is asking $1,125,000, $88,500 above that median. The middle half of those sales closed between $976,000 and $1,145,000.

- **Median closed price**: $1,036,500
- **Middle half**: $976,000 – $1,145,000
- **Based on**: 10 one-bedroom sales at 2-17 51st Avenue
- **Period**: September 2021 – August 2025
- **Median $/ft²**: $1,152/ft²

Across the 6 of these sales with a published asking price, the median closed at 98% of what it originally asked. 67% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 98% of the original ask
- **Closed below ask**: 67% of 6 sales
- **Listed → in contract**: 76 days (about 11 weeks)
- **In contract → closed**: 63 days (about 9 weeks)

Across the 6 of these sales with a published asking price, the median closed at 98% of what it originally asked. 67% of them closed below the original ask.

Half of these homes were in contract within 76 days (about 11 weeks) of coming to market, based on the 9 with a recorded listing date.

Once a deal was agreed, closing took a further 63 days (about 9 weeks), based on the 9 with both dates recorded.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 10 one-bedroom sales at 2-17 51st Avenue, September 2021 – August 2025. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median price per square foot for sales at 2-17 51st Avenue, 2017 to 2025. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year.

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2017 | $1,143/ft² | 6 |
| 2018 | $1,091/ft² | 5 |
| 2019 | $1,211/ft² | 6 |
| 2021 | $1,049/ft² | 10 |
| 2022 | $1,109/ft² | 3 (thin) |
| 2023 | $1,159/ft² | 5 |
| 2024 | $1,163/ft² | 6 |
| 2025 | $1,232/ft² | 7 |

Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 2-17 51st Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/2-17-51st-avenue)

## Price and Property History for 2-17 51st Avenue, Unit 1007

Review the recorded listing activity for 2-17 51st Avenue, Unit 1007, including asking-price changes and prior market dates.

- **Entered contract**: June 7, 2026
- **Last sold (recorded)**: $955,000 on August 6, 2021

| Date | Price | Listing event |
| --- | --- | --- |
| June 7, 2026 | $1,125,000 | Entered contract |
| March 21, 2026 | $1,125,000 | Listed for sale by Modern Spaces |
| August 6, 2021 | $955,000 | Sold — recorded sale price |
| May 14, 2021 | $975,000 | Entered contract |
| April 18, 2021 | $975,000 | Listed for sale by Elliman |

## Property Tax History

Taxes at 2-17 51st Avenue #1007 were $5,192 in 2026, up 6.5% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $48,365 | $2,171 | $46,194 | $41,537 | $5,192 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $41,715 | $2,171 | $39,544 | $39,002 | $4,875 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $40,179 | $2,171 | $38,008 | $38,227 | $4,778 | 12.5% |
| 2023 (FY 2023/24) | $38,859 | $2,171 | $36,688 | $37,516 | $3,823 | 12.502% |
| 2022 (FY 2022/23) | $38,572 | $2,171 | $36,401 | $37,224 | $2,878 | 12.267% |
| 2021 (FY 2021/22) | $35,689 | $2,171 | $33,518 | $35,689 | $1,954 | 12.235% |
| 2020 (FY 2020/21) | $37,657 | $2,171 | $35,486 | $34,796 | $1,131 | 12.267% |
| 2019 (FY 2019/20) | $36,435 | $2,171 | $34,264 | $31,982 | $352 | 12.473% |
| 2018 (FY 2018/19) | $37,209 | $2,172 | $35,037 | $29,221 | $356 | 12.612% |
| 2017 (FY 2017/18) | $34,227 | $2,171 | $32,056 | $26,308 | $359 | 12.719% |
| 2016 (FY 2016/17) | $28,460 | $2,171 | $26,289 | $23,991 | $364 | 12.892% |
| 2015 (FY 2015/16) | $23,590 | $2,171 | $21,419 | $23,335 | $364 | 12.883% |
| 2014 (FY 2014/15) | $22,639 | $2,172 | $20,467 | $24,795 | $363 | 12.855% |
| 2013 (FY 2013/14) | $22,639 | $2,172 | $20,467 | $26,608 | $371 | 13.145% |
| 2012 (FY 2012/13) | $24,262 | $2,554 | $21,708 | $30,042 | $372 | 13.181% |
| 2011 (FY 2011/12) | $26,790 | $2,554 | $24,236 | $31,849 | $379 | 13.433% |
| 2010 (FY 2010/11) | $32,506 | $2,554 | $29,952 | $32,709 | $377 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 4000161158. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 2-17 51st Avenue

Long Island City · Condominium

2-17 51st Avenue, Long Island City, NY 11101

A building in Long Island City, currently featuring 6 active listings.

- **Year Built**: 1906
- **Total Units**: 6
- **Floors**: 11

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/2-17-51st-avenue)

### Available Residences — For Sale (6)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [1007](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/2-17-51st-avenue-1007-ny-11101) | 1 | 1 | 763 sqft | $1,474 | $1,125,000 — In contract | Modern Spaces | Apr 17, 2026 | 148 days |
| [215](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/2-17-51st-avenue-215-ny-11101) | 2 | 2 | 965 sqft | $1,446 | $1,395,000 (-2.1%) | Compass | May 26, 2026 | 109 days |
| [207](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/2-17-51st-avenue-207-ny-11101) | 1 | 2 | 1,232 sqft | $1,218 | $1,500,000 — In contract | Corcoran Group | May 1, 2026 | 134 days |
| [410](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/2-17-51st-avenue-410-ny-11101) | Studio | 1 | 759 sqft | $1,179 | $895,000 (-3.6%) | Modern Spaces | Jul 8, 2026 | 66 days |
| [319](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/2-17-51st-avenue-319-ny-11101) | 1 | 1 | 880 sqft | $1,011 | $890,000 — In contract | Modern Spaces | Jul 18, 2026 | 56 days |
| [913](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/2-17-51st-avenue-913-ny-11101) | 2 | 2 | 1,187 sqft | $1,264 | $1,500,000 | Compass | Jul 31, 2026 | 43 days |

## Estimated Monthly Payment

**$6,869 / month**, assuming a 20% down payment ($225,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $5,689
- **Property Taxes**: $303
- **Common Charges**: $877

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Long Island City

Overview of Long Island City

[Explore Long Island City](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/long-island-city) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Long Island City

- [Roosevelt Island real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/roosevelt-island)
- [Sunnyside real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/sunnyside)
- [Astoria real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/astoria)
- [Greenpoint real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/greenpoint)
- [Woodside real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/woodside)
- [Upper East Side real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side)

## Related Links

- [2-17 51st Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/2-17-51st-avenue)
- [Long Island City neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/long-island-city)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.