--- title: "5-12 51st Avenue #4, New York City, NY 11101" description: "5-12 51st Avenue #4, New York City, NY 11101 — Long Island City, New York City, NY. Listing Price $1,325,000. In contract 3/12/2026. 2 bed, 1 bath, 1,016 sqft Illustrative Buyer Commission Share of $19,875 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/5-12-51st-avenue-4-ny-11101" source: "Real Estate Rebate Team" dateModified: "2026-09-16T06:22:46.978Z" status: "Pending" --- # 5-12 51st Avenue #4, New York City, NY 11101 Long Island City, New York City, NY Courtesy of Modern Spaces Last updated: September 16, 2026, 2:22 AM ## At a Glance - **Listing Price**: $1,325,000 - **Status**: In contract 3/12/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 2 - **Baths**: 1 - **Sqft**: 1,016 - **Common Charges**: $649 / mo - **Monthly Taxes**: $1,008 / mo - **Price per Sqft**: $1,304 - **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**: $1,325,000 - **Illustrative Buyer Commission Share**: -$19,875* - **Illustrative Net Cost**: $1,305,125 *Illustrative Buyer Savings of $19,875 — 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 (8) ![5-12 51st Avenue #4, New York City, NY 11101 — photo 1 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/140a93f7-ef1e-4a62-8235-d79362a8484c.jpg) ![5-12 51st Avenue #4, New York City, NY 11101 — photo 2 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/daa21eae-2e65-4780-9d23-47ba6aada933.jpg) ![5-12 51st Avenue #4, New York City, NY 11101 — photo 3 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f55ce0e1-2d61-4202-9dff-bbab1b2e7e6e.jpg) ![5-12 51st Avenue #4, New York City, NY 11101 — photo 4 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/05d93fd3-b550-450a-aa90-6937639b89d6.jpg) ![5-12 51st Avenue #4, New York City, NY 11101 — photo 5 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/689736ac-e6e4-49fe-8831-4ae4049a4c3d.jpg) ![5-12 51st Avenue #4, New York City, NY 11101 — photo 6 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/30ddb600-db1d-4378-a63a-3de9144e055b.jpg) ![5-12 51st Avenue #4, New York City, NY 11101 — photo 7 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1be479ff-5ab1-4204-a53c-4aa60aea661f.jpg) ![5-12 51st Avenue #4, New York City, NY 11101 — photo 8 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0d172204-227e-4cb8-825d-db667bae24a1.jpg) ## Property Overview Welcome to Unit 4 at 5-12 51st Avenue, a beautifully proportioned residence offering 1,016 square feet of interior living space plus an exceptional 347-square-foot private terrace—perfect for seamless indoor-outdoor living. This thoughtfully designed home features a spacious layout with generous natural light and comfortable living and dining areas ideal for both relaxing and entertaining. The expansive private terrace provides a rare outdoor retreat, offering ample room for lounging, dining, gardening, or hosting gatherings. With over 1,300 total square feet including outdoor space, Unit 4 combines the comfort of a well-sized interior with the luxury of a large private terrace—an ideal setting for enjoying fresh air and city views. Located on desirable 51st Avenue, the building offers convenient access to nearby restaurants, shops, parks, and transportation, making this home a perfect balance of space, privacy, and accessibility. ## Property Details - **Property Type**: Condominium - **Beds**: 2 - **Baths**: 1 - **Rooms**: 4 - **Sqft**: 1,016 sqft - **Stories**: 4 - **Year Built**: 2017 - **Price per Sqft**: $1,304 - **Common Charges**: $649 / Monthly - **Monthly Taxes**: $1,008 / mo - **Listed On**: Mar 12, 2026 - **Days on Market**: 189 Days ### Residence Features - Wall Unit(s) - Electric - Building Washer Dryer Install Allowed - Building Storage - Building Roof Deck - Private Outdoor Space Under 60 Sqft - City ## Estimated Monthly Payment **$8,357 / month**, assuming a 20% down payment ($265,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $6,700 - **Property Taxes**: $1,008 - **Common Charges**: $649 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 5 apartments at 5-12 51st Avenue have recorded sales since September 2021, the most recent for $1,466,280 in November 2024. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 3-B (Apartment) | 2 | 1,073 | $1,466,280 | $1,367/ft² | November 1, 2024 | City record · MLS | | 3-A (Apartment) | 2 | 1,060 | $1,425,000 | $1,344/ft² | October 31, 2024 | City record · MLS | | 1-A (Apartment) | 2 | 1,086 | $1,525,339 | $1,405/ft² | October 31, 2024 | City record · MLS | | 2-B (Apartment) | 1 | 674 | $903,188 | $1,340/ft² | October 24, 2024 | City record · MLS | | 2-A (Apartment) | 1 | 656 | $896,060 | $1,366/ft² | October 24, 2024 | 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 - **This home**: $1,325,000 - **Median sold price**: $1,466,280 - **Difference**: -$141,280 (-9.6%) - **This home, $/ft²**: $1,304 - **Median $/ft²**: $1,367 - **Comparable sales**: 3 - **Sales from**: October 2024 – November 2024 - **Middle half of those sales**: $1,445,640 – $1,495,810 Based on two-bedroom sales at 5-12 51st Avenue. ### How these sales were negotiated - **Sale-to-list price**: 101.8% (3 sales) - **Sold below asking**: 0% (3 sales) - **Typical time to find a buyer**: 17 days (3 sales) Based on two-bedroom sales at 5-12 51st Avenue with the required listing and closing data. Sample sizes vary by metric. ### Price trend Median sale price, condo and house two-bedroom sales in Long Island City | Year | Median sold price | Sales | | --- | --- | --- | | 2016 | $1,369,546 | 11 | | 2017 | $1,266,498 | 20 | | 2018 | $1,272,813 | 23 | | 2019 | $1,410,980 | 70 | | 2020 | $1,344,090 | 43 | | 2021 | $1,433,000 | 207 | | 2022 | $1,380,268 | 90 | | 2023 | $1,437,866 | 90 | | 2024 | $1,410,037 | 60 | | 2025 | $1,480,000 | 56 | | 2026 YTD | $1,571,000 | 36 | Based on recorded condo and house two-bedroom sales in Long Island City. 2026 is year-to-date. Sales data through November 2024. 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 5-12 51st Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/5-12-51st-avenue) ## Price and Property History for 5-12 51st Avenue, Unit 4 Review the recorded listing activity for 5-12 51st Avenue, Unit 4, including asking-price changes and prior market dates. - **Entered contract**: March 12, 2026 | Date | Price | Listing event | | --- | --- | --- | | March 12, 2026 | $1,325,000 | Entered contract | | March 11, 2026 | $1,325,000 | Listed for sale by Modern Spaces | ## About The Building ### 5-12 51st Avenue Long Island City · Condominium 5-12 51st Avenue, Long Island City, NY 11101 A building in Long Island City, currently featuring 1 active listing. - **Year Built**: 2017 - **Active Units**: 1 - **Floors**: 4 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/5-12-51st-avenue) ### Available Residences — For Sale (5) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [1](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/5-12-51st-avenue-1-ny-11101) | 1 | 3 | 2,110 sqft | $976 | $2,060,000 (-6.2%) | Modern Spaces | Jul 29, 2026 | 50 days | | [4](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/5-12-51st-avenue-4-ny-11101) | 2 | 1 | 1,016 sqft | $1,304 | $1,325,000 — In contract | Modern Spaces | Mar 12, 2026 | 189 days | | [2-A](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/5-12-51st-avenue--a-2A-ny-11101) | 1 | 1 | 714 sqft | $1,254 | $895,000 (-5.8%) — In contract | Modern Spaces | Dec 8, 2025 | 283 days | | [3](https://realestaterebatesnewyork.com/new-developments/newyorkcity/queens/11101/5-12-51st-avenue-3-ny-11101) | 2 | 2 | 1,363 sqft | $1,099 | $1,498,000 (-4.0%) — In contract | Modern Spaces | Dec 8, 2025 | 283 days | | [2-B](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/5-12-51st-avenue--b-2B-ny-11101) | 1 | 1 | 636 sqft | $1,179 | $750,000 (-5.7%) — In contract | Modern Spaces | Feb 26, 2026 | 203 days | ## 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 - [5-12 51st Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/5-12-51st-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.