---
title: "5-12 51st Avenue #3, Long Island City, NY 11101"
description: "5-12 51st Avenue #3, Long Island City, NY 11101 — NYC real estate listing on Real Estate Rebate Team. Priced at $1,498,000. Est. potential buyer savings up to $37,450 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/new-developments/newyorkcity/queens/11101/5-12-51st-avenue-3-ny-11101"
source: "Real Estate Rebate Team"
---

# 5-12 51st Avenue #3, Long Island City, NY 11101

> **Listing Courtesy of:** Modern Spaces

## Description

Welcome to Residence 3, a rare full-floor home offering exceptional scale, light, and privacy in the heart of Long Island City.

This expansive residence is defined by its exceptionally large living and dining areas, creating a true loft-like experience that is rarely found in today’s new developments. The oversized dining area easily accommodates a full-scale dining table for entertaining, while the generous living room offers endless layout possibilities — perfect for hosting, relaxing, or creating distinct seating and work-from-home spaces.

Large windows line the home, flooding the interiors with natural light throughout the day. Paired with soaring high ceilings, the space feels open, airy, and grand. The combination of ceiling height and oversized windows enhances both volume and brightness, making the entire residence feel even more impressive.

Adding to its exclusivity, Residence 3 is the only unit on the floor, offering enhanced privacy and a boutique living experience.

Located in a prime Long Island City setting, you are moments from the waterfront, parks, dining, and convenient transportation options — all while enjoying the charm of a more intimate condominium.

Residence 3 is a rare opportunity to own a full-floor home with extraordinary living and dining proportions in one of NYC’s most sought-after neighborhoods.

## Property Details

- **Price**: $1,498,000
- **Potential Buyer Rebate**: $37,450
- **Bedrooms**: 2
- **Bathrooms**: 2
- **Living Area**: 1,363 sqft
- **Property Type**: Residential
- **Year Built**: 2017
- **Building**: 5-12 51st Avenue
- **Neighbourhood**: Long Island City
- **Area / Borough**: Queens
- **Subdivision**: Long Island City
- **Listing Office**: Modern Spaces
- **State**: NY
- **Flags**: New Development, Sponsor Unit

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$37,450** 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/5-12-51st-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)

---

> 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.