---
title: "2-40 51st Avenue #1H, New York City, NY 11101"
description: "2-40 51st Avenue #1H, New York City, NY 11101 — Hunters Point, New York City, NY. Last Sold Price $1,475,000. Sold on 8/24/2026. 2 bed, 2 bath, 1,021 sqft"
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/2-40-51st-avenue-1h-ny-11101"
source: "Real Estate Rebate Team"
dateModified: "2026-09-03T21:23:00.638Z"
status: "Closed"
---

# 2-40 51st Avenue #1H, New York City, NY 11101

Hunters Point, New York City, NY

Courtesy of Corcoran Group

Last updated: September 3, 2026, 5:23 PM

## At a Glance

- **Last Sold Price**: $1,475,000
- **Status**: Sold on 8/24/2026
- **Beds**: 2
- **Baths**: 2
- **Sqft**: 1,021
- **Common Charges**: $1,345 / mo
- **Price per Sqft**: $1,445
- **Brokerage Fee**: Share Eligible

This listing was successfully closed and is no longer active on the market.

[Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

## Photos (9)

![2-40 51st Avenue #1H, New York City, NY 11101 — photo 1 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d8c0732c-fa40-4af2-b1b0-f77981e9d732.jpg)
![2-40 51st Avenue #1H, New York City, NY 11101 — photo 2 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c1caed3b-fbaf-468e-9d26-8e6d046f82a7.jpg)
![2-40 51st Avenue #1H, New York City, NY 11101 — photo 3 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/39e7d1ea-e18c-4466-a1fa-3bca956a85fb.jpg)
![2-40 51st Avenue #1H, New York City, NY 11101 — photo 4 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2e6004ed-17e1-4eb2-afb0-849b32b4a0d5.jpg)
![2-40 51st Avenue #1H, New York City, NY 11101 — photo 5 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/644006d7-eef1-430b-b6a3-9b06b59b292c.jpg)
![2-40 51st Avenue #1H, New York City, NY 11101 — photo 6 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/72045eb8-b304-4efd-8206-6ed2f7b7d921.jpg)
![2-40 51st Avenue #1H, New York City, NY 11101 — photo 7 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bc3731a4-a432-4281-a0de-b497e3950af7.jpg)
![2-40 51st Avenue #1H, New York City, NY 11101 — photo 8 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/91f6a1df-39b0-4d61-a333-fe81c6e39241.jpg)
![2-40 51st Avenue #1H, New York City, NY 11101 — photo 9 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2ec8fe6a-6de3-4fe2-a8ae-20496684dd56.jpg)

## Property Overview

Residence 1H at The Foundry Condominium (2-40 51st Avenue) is a standout two-bedroom, two-bathroom home with dramatic 16'6" ceilings that create an immediate sense of scale, light, and flexibility for living and entertaining.
 The kitchen is outfitted with a high-quality appliance package, including a Miele dishwasher, Liebherr refrigerator, and Jenn-Air gas range with convection oven and broiler. A newly installed Kohler hands-free faucet (November 2025) adds a modern touch. The home also features an in-unit washer and dryer, including a brand new Asko washer (November 2025) and ventless Asko dryer.
 The Foundry is a well-run condominium offering flexibility for both end-users and investors. Amenities include a fitness center just down the hall, a private rooftop cabana, virtual doorman service, a hands-on superintendent, and a landscaped common courtyard.
 A parking garage with dedicated storage and EV charging stations is available (not included in the purchase price).
 Perfectly positioned near the Long Island City waterfront, you're moments from Gantry Plaza State Park and the best of Vernon Boulevard's restaurants, cafes, and everyday conveniences. The new Vibe Fitness is right around the corner.
 Commuting is easy with the 7 train at Vernon Blvd-Jackson Ave, the G train at 21st Street, and the NYC Ferry all nearby, offering quick access to Midtown Manhattan and beyond.
 Loft-like volume, strong amenities, and a prime LIC location-Residence 1H checks every box.
 Photos are virtually staged.

## Property Details

- **Property Type**: Condominium
- **Beds**: 2
- **Baths**: 2
- **Rooms**: 6
- **Sqft**: 1,021 sqft
- **Stories**: 4
- **Year Built**: 2007
- **Price per Sqft**: $1,445
- **Common Charges**: $1,345 / Monthly
- **Listed On**: Apr 8, 2026
- **Days on Market**: 159 Days

### Residence Features

- Washer Hookup
- In Unit
- Assigned
- Garage
- Building Courtyard
- Building Roof Deck
- Private Outdoor Space Over 60 Sqft

### Building Amenities

- Assigned
- Garage

## Sales Evidence

### Recent closed sales

20 apartments at 2-40 51st Avenue have recorded sales since September 2021, the most recent for $1,475,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 1H (Apartment) | 2 | 1,021 | $1,475,000 | $1,445/ft² | August 24, 2026 | MLS |
| 2E (Apartment) | — | 685 | $853,450 | $1,246/ft² | February 18, 2026 | City record |
| 4E (Apartment) | 1 | 696 | $915,000 | $1,315/ft² | May 19, 2025 | City record |
| 2F (Apartment) | 1 | 697 | $827,000 | $1,187/ft² | January 10, 2025 | City record |
| 2-F (Apartment) | 1 | 695 | $827,000 | $1,190/ft² | January 10, 2025 | City record · MLS |
| 1A (Apartment) | — | 1,387 | $1,605,000 | $1,157/ft² | April 19, 2024 | City record |
| 1E (Duplex) | 2 | 1,333 | $1,688,000 | $1,266/ft² | March 20, 2024 | City record · MLS |
| 1-K (Apartment) | 3 | 1,310 | $1,915,000 | $1,462/ft² | November 16, 2023 | City record · MLS |
| 4E (Apartment) | 1 | 696 | $785,000 | $1,128/ft² | June 27, 2023 | City record |
| 3M (Apartment) | 2 | 1,032 | $1,475,000 | $1,429/ft² | April 27, 2023 | City record · MLS |
| 3F (Apartment) | — | 697 | $825,000 | $1,184/ft² | January 18, 2023 | City record |
| 1C (Apartment) | — | 1,186 | $1,450,000 | $1,223/ft² | December 1, 2022 | City record |
| 2Q (Apartment) | 1 | 671 | $865,000 | $1,289/ft² | November 15, 2022 | City record · MLS |
| 4A (Duplex) | 2 | 1,124 | $1,450,000 | $1,290/ft² | September 19, 2022 | City record · MLS |
| 2S (Apartment) | 2 | 1,032 | $1,400,000 | $1,357/ft² | July 29, 2022 | City record · MLS |
| 4C (Apartment) | — | 696 | $915,000 | $1,315/ft² | May 16, 2022 | City record |
| 3L (Apartment) | — | 999 | $1,206,052 | $1,207/ft² | May 4, 2022 | City record |
| 2L (Apartment) | 1 | 740 | $768,000 | $1,038/ft² | January 6, 2022 | City record · MLS |
| 1F (Apartment) | — | 1,333 | $1,750,000 | $1,313/ft² | September 27, 2021 | City record |
| 3B (Duplex) | 3 | 1,539 | $1,998,000 | $1,298/ft² | September 17, 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 two-bedroom sales at 2-40 51st Avenue is $1,462,500, based on 4 sales between July 2022 and March 2024. This home is asking $1,475,000, $12,500 above that median. The middle half of those sales closed between $1,437,500 and $1,528,250.

- **Median closed price**: $1,462,500
- **Middle half**: $1,437,500 – $1,528,250
- **Based on**: 4 two-bedroom sales at 2-40 51st Avenue
- **Period**: July 2022 – March 2024
- **Median $/ft²**: $1,323/ft²

Across the 4 of these sales with a published asking price, the median closed at 100.9% of what it originally asked. 25% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 100.9% of the original ask
- **Closed below ask**: 25% of 4 sales
- **Listed → in contract**: 105 days (about 15 weeks)
- **In contract → closed**: 68 days (about 10 weeks)

Across the 4 of these sales with a published asking price, the median closed at 100.9% of what it originally asked. 25% of them closed below the original ask.

Half of these homes were in contract within 105 days (about 15 weeks) of coming to market, based on the 3 with a recorded listing date.

Once a deal was agreed, closing took a further 68 days (about 10 weeks), based on the 4 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 4 two-bedroom sales at 2-40 51st Avenue, July 2022 – March 2024. 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 2-40 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 | $1,058/ft² | 3 (thin) |
| 2018 | $1,084/ft² | 6 |
| 2021 | $1,282/ft² | 4 (thin) |
| 2022 | $1,289/ft² | 7 |
| 2023 | $1,306/ft² | 4 (thin) |
| 2025 | $1,190/ft² | 3 (thin) |

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 2-40 51st Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/2-40-51st-avenue)

## Price and Property History for 2-40 51ST Avenue, Unit 1H

Review the recorded listing activity for 2-40 51ST Avenue, Unit 1H, including asking-price changes and prior market dates.

- **Latest price change**: Increased by $80,000, or 5.7%, on September 3, 2026
- **Originally listed**: April 8, 2026 at $1,395,000
- **Last sold**: $1,475,000 on August 24, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| September 3, 2026 | $1,475,000 | Asking price increased by $80,000, or 5.7% |
| August 24, 2026 | $1,475,000 | Sold |
| July 9, 2026 | $1,395,000 | Returned to the market |
| July 7, 2026 | $1,395,000 | Entered contract |
| April 8, 2026 | $1,395,000 | Listed for sale by Corcoran Group |

## About The Building

### 2-40 51st Avenue

Long Island City · Condominium

2-40 51st Avenue, Long Island City, NY 11101

A building in Long Island City, currently featuring 1 active listing.

- **Year Built**: 2007
- **Total Units**: 1
- **Floors**: 4

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/2-40-51st-avenue)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [1H](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/2-40-51st-avenue-1h-ny-11101) | 2 | 2 | 1,021 sqft | $1,445 | $1,475,000 (+5.7%) | Corcoran Group | Apr 8, 2026 | 159 days |

## Estimated Monthly Payment

**$8,803 / month**, assuming a 20% down payment ($295,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $7,458
- **Common Charges**: $1,345

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 Hunters Point

- [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)
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- [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

- [2-40 51st Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/2-40-51st-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.