---
title: "5-27 51st Avenue #PH-B, Long Island City, NY 11101"
description: "5-27 51st Avenue #PH-B, Long Island City, NY 11101 — NYC real estate listing on Real Estate Rebate Team. Priced at $939,000. Est. potential buyer savings up to $23,475 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11101/5-27-51st-avenue-ph-b-PHB-ny-11101"
source: "Real Estate Rebate Team"
---

# 5-27 51st Avenue #PH-B, Long Island City, NY 11101

> **Listing Courtesy of:** Modern Spaces

## Description

A PERFECT ONE BEDROOM WITH PARKING INCLUDED IN THE ASKING PRICE

Unit PHB features a practical layout that offers a sense of spaciousness. The kitchen showcases Ceasarstone Quarz countertops and high-quality appliances, including a Kitchen Aid oven range, microwave, and dishwasher, along with a Fisher & Paykel refrigerator. Flowing seamlessly into the dining/living room. The bedroom comfortably accommodates a queen-sized bed with ample space for additional furniture. Kohler and Duravit fixtures in the bathroom, an LG washer/dryer, white oak floors, and ample storage add to the functionality of this well-designed 1BR residence. Five27 is a boutique condominium characterized by modern and urban architecture. Residents enjoy amenities such as a 24-hour virtual doorman, an outdoor common terrace with a grill, a fitness center, and a lounge for relaxation or gatherings. Optional storage lockers and bike storage are available for rent. Conveniently located just a few blocks from the Vernon/Jackson subway stop on the 7 train, with easy access to Midtown Manhattan, Five27 offers proximity to Long Island City’s diverse dining, entertainment, and transportation options. Additionally, the building benefits from a 421-a tax abatement in effect until June 30th, 2029.

*Images are virtually staged.

## Property Details

- **Price**: $939,000
- **Potential Buyer Rebate**: $23,475
- **Bedrooms**: 1
- **Bathrooms**: 1
- **Living Area**: 670 sqft
- **Property Type**: Residential
- **Year Built**: 2013
- **Building**: 5-27 51st Avenue
- **Neighbourhood**: Long Island City
- **Area / Borough**: Queens
- **Subdivision**: Long Island City
- **Listing Office**: Modern Spaces
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$23,475** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/queens/5-27-51st-avenue)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/queens/long-island-city)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> 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.