---
title: "50-07 5th Street #5-D, New York City, NY 11356"
description: "50-07 5th Street #5-D, New York City, NY 11356 — Long Island City, New York City, NY. Listing Price $869,000. 1 bed, 1 bath, 533 sqft Illustrative Buyer Commission Share of $13,035 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11356/50-07-5th-street--d-5D-ny-11356"
source: "Real Estate Rebate Team"
dateModified: "2026-08-25T06:59:33.491Z"
status: "Active"
---

# 50-07 5th Street #5-D, New York City, NY 11356

Long Island City, New York City, NY

Courtesy of Modern Spaces

Last updated: August 25, 2026, 2:59 AM

## At a Glance

- **Listing Price**: $869,000
- **Beds**: 1
- **Baths**: 1
- **Sqft**: 533
- **Common Charges**: $587 / mo
- **Monthly Taxes**: $702 / mo
- **Price per Sqft**: $1,630
- **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**: $869,000
- **Illustrative Buyer Commission Share**: -$13,035*
- **Illustrative Net Cost**: $855,965

*Illustrative Buyer Savings of $13,035 — 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)

![50-07 5th Street #5-D, New York City, NY 11356 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b8f36b84-7c67-41cc-9ce4-47304c79aa0b.jpg)
![50-07 5th Street #5-D, New York City, NY 11356 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2b71d55a-3a4e-49a0-968f-30926b77acb7.jpg)
![50-07 5th Street #5-D, New York City, NY 11356 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/800ba9ab-1149-46f9-a317-7ccfd800dd3c.jpg)
![50-07 5th Street #5-D, New York City, NY 11356 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4404c69f-03e5-488e-b62a-cc4d89af28ba.jpg)
![50-07 5th Street #5-D, New York City, NY 11356 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1d1ab47a-2366-40b3-9608-d6eebe386c4d.jpg)
![50-07 5th Street #5-D, New York City, NY 11356 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/012f12e8-79dc-47c7-b977-eb482ac4cde4.jpg)
![50-07 5th Street #5-D, New York City, NY 11356 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/30e18f71-c08a-4d80-a8b0-3c80ebfde354.jpg)
![50-07 5th Street #5-D, New York City, NY 11356 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/607ffa67-5b9f-46ae-b4fc-82c05b5a1e94.jpg)
![50-07 5th Street #5-D, New York City, NY 11356 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/043cb64f-6648-41a6-b01c-4eb875a78edb.jpg)
![50-07 5th Street #5-D, New York City, NY 11356 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0aa890ce-2cf2-4485-9cc3-eeb605e0661f.jpg)

## Property Overview

Introducing Residence 5D -- impeccably maintained 1-bedroom, 1-bathroom home offering sophisticated design, premium finishes, and exceptional natural light throughout.

Thoughtfully crafted with contemporary elegance, this pristine home features airy 10-foot ceilings, wide-plank 7-inch oak flooring, and a private balcony with open eastern exposure, creating a bright and inviting living environment.

The open kitchen showcases custom Italian cabinetry complemented by fully paneled Fisher & Paykel appliances and Bosch gas range. While the spa-inspired bathroom is appointed with imported Italian and Spanish tilework, a luxurious Grohe shower system, and Toto fixtures, creating a serene retreat designed for everyday comfort.

Additional highlights include an in-unit washer and dryer, an energy-efficient Mitsubishi HVAC system, Fingerprint Smart Lock, and floor-to-ceiling Cortizo windows from Spain that fill the home with natural light throughout the day.

The Alchemy is a 6-story, 17-unit boutique building located in the heart of Hunters Point in Long Island City. Building amenities include a furnished roof deck with a BBQ grill, fitness center, bike storage, and ButterflyMX Intercom System.

Just two blocks from Gantry Plaza State Park, residents enjoy easy access to the waterfront, featuring expansive green spaces, scenic promenades, and iconic Manhattan skyline views. Commuting to Manhattan is effortless via the 7 train and East River Ferry.

Contact the listing agent for a private tour.

Some photos have been virtually staged.

## Property Details

- **Property Type**: Condominium
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 3
- **Sqft**: 533 sqft
- **Stories**: 6
- **Year Built**: 2023
- **Price per Sqft**: $1,630
- **Common Charges**: $587 / Monthly
- **Monthly Taxes**: $702 / mo
- **Listed On**: Jun 2, 2026
- **Days on Market**: 103 Days

### Residence Features

- Central Air
- Building Washer Dryer Install Allowed
- In Unit
- Building Storage
- Balcony
- Private Outdoor Space Under 60 Sqft
- Entrance Foyer
- Dryer
- Washer

## Sales Evidence

### Recent closed sales

17 apartments at 50-07 5th Street have recorded sales since September 2021, the most recent for $1,201,535 in April 2024. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 5-C (Apartment) | 2 | 832 | $1,201,535 | $1,444/ft² | April 12, 2024 | City record · MLS |
| PH-1 (Apartment) | 1 | 620 | $943,918 | $1,522/ft² | February 2, 2024 | City record · MLS |
| 2-A (Apartment) | 2 | 862 | $1,162,350 | $1,348/ft² | January 29, 2024 | City record · MLS |
| 1-A (Apartment) | 2 | 1,198 | $1,768,497 | $1,476/ft² | January 26, 2024 | City record · MLS |
| 4-B (Apartment) | 2 | 843 | $1,176,079 | $1,395/ft² | January 24, 2024 | City record · MLS |
| 5-D (Apartment) | 1 | 533 | $786,955 | $1,476/ft² | January 22, 2024 | City record · MLS |
| 5-A (Apartment) | 1 | 538 | $798,766 | $1,485/ft² | January 22, 2024 | City record · MLS |
| 3-B (Apartment) | 2 | 843 | $1,179,313 | $1,399/ft² | January 22, 2024 | City record · MLS |
| 5-B (Apartment) | 2 | 843 | $1,222,350 | $1,450/ft² | January 19, 2024 | City record · MLS |
| PH-2 (Apartment) | 2 | 961 | $1,473,917 | $1,534/ft² | January 19, 2024 | City record · MLS |
| 4-D (Apartment) | 1 | 533 | $779,090 | $1,462/ft² | January 18, 2024 | City record · MLS |
| 3-C (Apartment) | 2 | 832 | $1,166,922 | $1,403/ft² | January 17, 2024 | City record · MLS |
| 3-A (Apartment) | 1 | 538 | $759,819 | $1,412/ft² | January 16, 2024 | City record · MLS |
| 4-C (Apartment) | 2 | 832 | $1,208,319 | $1,452/ft² | January 16, 2024 | City record · MLS |
| 3-D (Apartment) | 1 | 533 | $802,381 | $1,505/ft² | January 15, 2024 | City record · MLS |
| 1-B (Apartment) | 2 | 1,200 | $1,700,682 | $1,417/ft² | January 12, 2024 | City record · MLS |
| 4-A (Apartment) | 1 | 538 | $794,348 | $1,476/ft² | January 8, 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

The median closed price for comparable one-bedroom sales at 50-07 5th Street is $794,348, based on 7 sales between January 2024 and February 2024. This home is asking $869,000, $74,652 above that median. The middle half of those sales closed between $783,022 and $800,574.

- **Median closed price**: $794,348
- **Middle half**: $783,022 – $800,574
- **Based on**: 7 one-bedroom sales at 50-07 5th Street
- **Period**: January 2024 – February 2024
- **Median $/ft²**: $1,476/ft²

Across the 7 of these sales with a published asking price, the median closed at 101.8% of what it originally asked. 0% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 101.8% of the original ask
- **Closed below ask**: 0% of 7 sales
- **Listed → in contract**: 12 days
- **In contract → closed**: 158 days (about 23 weeks)

Across the 7 of these sales with a published asking price, the median closed at 101.8% of what it originally asked. 0% of them closed below the original ask.

Half of these homes were in contract within 12 days of coming to market, based on the 7 with a recorded listing date.

Once a deal was agreed, closing took a further 158 days (about 23 weeks), based on the 7 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 7 one-bedroom sales at 50-07 5th Street, January 2024 – February 2024. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median sold price for condo and house one-bedroom sales in Long Island City, 2016 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth.

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2016 | $848,000 | 13 |
| 2017 | $840,000 | 26 |
| 2018 | $766,890 | 34 |
| 2019 | $920,425 | 95 |
| 2020 | $862,665 | 48 |
| 2021 | $900,000 | 217 |
| 2022 | $980,256 | 78 |
| 2023 | $870,000 | 94 |
| 2024 | $950,146 | 66 |
| 2025 | $903,500 | 72 |
| 2026 | $975,000 | 27 |

This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Long Island City instead.

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 50-07 5th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/50-07-5th-street)

## Price and Property History for 50-07 5th Street, Unit 5-D

Review the recorded listing activity for 50-07 5th Street, Unit 5-D, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $8,000, or 0.9%, on August 24, 2026
- **Originally listed**: May 26, 2026 at $877,000
- **Current asking price**: $869,000
- **Last sold (recorded)**: $786,955 on January 22, 2024

| Date | Price | Listing event |
| --- | --- | --- |
| August 24, 2026 | $869,000 | Asking price reduced by $8,000, or 0.9% |
| May 26, 2026 | $877,000 | Listed for sale by Modern Spaces |
| January 22, 2024 | $786,955 | Sold — recorded sale price |
| August 3, 2023 | $772,850 | Entered contract |
| August 3, 2023 | $772,850 | Listed for sale by Modern Spaces |

## Property Tax History

Taxes at 50-07 5th Street #5-D were $10,266 in 2026, up 4.6% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $86,540 | $12,996 | $73,544 | $82,129 | $10,266 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $81,027 | $12,996 | $68,031 | $78,550 | $9,819 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $62,973 | $12,996 | $49,977 | $58,019 | $7,252 | 12.5% |

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 4000331315. 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

### 50-07 5th Street

50-07 5th Street, Long Island City, NY 11356

A building in the neighborhood, currently featuring 1 active listing.

- **Year Built**: 2023
- **Total Units**: 1
- **Floors**: 6

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/50-07-5th-street)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [5-D](https://realestaterebatesnewyork.com/buy/newyorkcity/queens/11356/50-07-5th-street--d-5D-ny-11356) | 1 | 1 | 533 sqft | $1,630 | $869,000 (-0.9%) | Modern Spaces | Jun 2, 2026 | 102 days |

## Estimated Monthly Payment

**$5,683 / month**, assuming a 20% down payment ($173,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $4,394
- **Property Taxes**: $702
- **Common Charges**: $587

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

- [50-07 5th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/queens/50-07-5th-street)
- [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.