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  • $915,000

    240 51st Ave #4E, Long Island City, NY 11101

    1beds
    696sqft
    Condominium
    Built in 2007
    -- sqft lot
    $954,100 Zestimate®
    $1,315/sqft
    $4,255 Estimated rent

    Home value

    $954,100

    $859,000 - $1.06M

    $4,255/mo

    Zestimate® history
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    What's special

    Rare Opportunity: One-of-a-Kind Condominium with ~450 Sq. Ft. Private Terrace at The Foundry in LIC Experience the best of city living in this exceptional condominium featuring a spacious private terrace with southern exposures at The Foundry, located in the heart of Hunters Point, Long Island City. Enjoy breathtaking sunsets and iconic views of the NYC skyline, including the Empire State Building, One World Trade Center, and the East River, all from your private rooftop retreat. This unique residence, Unit #4E, is situated on the 4th floor with high-end finishes throughout. The kitchen is outfitted with premium stainless steel Thermador and Bosch appliances, a 30-bottle wine cooler, and granite countertops. Recent upgrades in 2023 include modernized cabinets and lighting, adding a fresh touch to the space. A Bosch washer and dryer complete the convenience package, while ample cabinet and pantry space ensure plenty of storage. The primary bedroom offers a serene retreat with a spacious walk-in closet, room for a king-sized bed, and stunning views of downtown NYC and Brooklyn. The bathroom features luxurious marble floors, Kohler faucets, and a deep soaking tub for ultimate relaxation. The Foundry, located at 2-40 51st Avenue, is a highly sought-after condominium known for its excellent staff and management. It offers a range of amenities, including a 24/7 virtual doorman, a package room, a second-floor mezzanine/garden area, a roof deck, a fitness room, bike storage, and a garage. Perfectly situated just one block from the #7 subway and two blocks from the waterfront, residents enjoy easy access to Gantry Plaza, the Hunter’s Point South Dog Run, and all that LIC has to offer. This is the only condo currently available for sale at The Foundry—and it won’t last long. Don’t miss the chance to make this extraordinary space your home. Schedule a viewing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lily Tran,

    EXP Realty NYC,

    Cindy Chan

    Source: StreetEasy,MLS#: S1750012

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Package Room
    Appliances
    • Included: Dishwasher, Washer/Dryer
    Features
    • Flooring: Hardwood
    Interior area
    • Total structure area: 696
    • Total interior livable area: 696 sqft

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Patio & porch: Terrace
    • Exterior features: Terrace
    • Has view: Yes
    • View description: City, Skyline
    Details
    • Parcel number: 000151053
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • Year built: 2007

    Community & HOA

    Community
    • Features: Doorman, Virtual Doorman
    • Security: Doorman, Virtual Doorman
    • Subdivision: Hunters Point
    HOA
    • Has HOA: Yes
    • Amenities included: Fitness Center, Elevator(s)
    • Services included: Maintenance
    • HOA fee: $1,071 monthly
    Location
    • Region: Long Island City

    Financial & listing details

    • Price per square foot: $1,315/sqft
    • Tax assessed value: $128,587
    • Annual tax amount: $5,832
    • Date on market: 1/15/2025

    Price history

    DateEventPrice
    6/4/2025Sold$915,000-1.4%$1,315/sqft
    Source: Public Record Report a problem
    1/15/2025Listed for sale$928,000+18.2%$1,333/sqft
    Source: OneKey® MLS as distributed by MLS GRID #812030 Report a problem
    7/17/2023Sold$785,000-5.3%$1,128/sqft
    Source: Public Record Report a problem
    5/2/2023Pending sale$829,000$1,191/sqft
    Source: StreetEasy Report a problem
    4/20/2023Price change$829,000-2.4%$1,191/sqft
    Source: OneKey® MLS as distributed by MLS GRID #3463969 Report a problem
    3/12/2023Listed for sale$849,000+70.1%$1,220/sqft
    Source: StreetEasy Report a problem
    3/8/2023Listing removed--
    Source: Zillow Rentals Report a problem
    2/6/2023Listed for rent$3,695+12%$5/sqft
    Source: Zillow Rentals Report a problem
    3/1/2019Listing removed$3,300$5/sqft
    Source: Loftey Report a problem
    1/30/2019Listed for rent$3,300$5/sqft
    Source: Loftey Report a problem
    5/29/2017Listing removed$499,000$717/sqft
    Source: Douglas Elliman #1272140 Report a problem
    2/24/2017Pending sale$499,000$717/sqft
    Source: Douglas Elliman #1272140 Report a problem
    2/24/2017Listed for sale$499,000-41.2%$717/sqft
    Source: Douglas Elliman #1272140 Report a problem
    11/3/2016Listing removed$849,000$1,220/sqft
    Source: Level Group #96541 Report a problem
    8/5/2016Price change$849,000-1.2%$1,220/sqft
    Source: Level Group #96541 Report a problem
    7/22/2016Price change$859,000-1.8%$1,234/sqft
    Source: Level Group #96541 Report a problem
    6/23/2016Price change$875,000-1.1%$1,257/sqft
    Source: Space Marketing Shop #1528479 Report a problem
    4/10/2016Price change$885,000-1.1%$1,272/sqft
    Source: Space Marketing Shop #1528479 Report a problem
    3/2/2016Listed for sale$895,000+98.9%$1,286/sqft
    Source: Space Marketing Shop #1528479 Report a problem
    2/19/2016Listing removed$3,300$5/sqft
    Source: Douglas Elliman #2327164 Report a problem
    1/23/2016Listed for rent$3,300$5/sqft
    Source: Douglas Elliman #2327164 Report a problem
    6/1/2011Sold$450,000$647/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $57,864 +3.8%
    2024-- $55,737 +1.8%
    2023-- $54,776 +14.4%
    2022-- $47,879 +3.4%
    2021-- $46,316 -13.4%
    2020$1,895 +108.9%$53,491 +8%
    2019$907 -82.2%$49,549 +22.7%
    2018$5,095 +6.4%$40,398 +7.3%
    2017$4,787 +410.7%$37,636 +3.5%
    2016$937 $36,358 -2.4%
    2015$937 +28%$37,254 -2.7%
    2014$733 $38,297 -20.9%
    2013-- $48,443 -15%
    2012-- $57,000 +39.2%
    2011-- $40,948 -0.8%
    2010-- $41,279 -51.6%
    2009-- $85,341
    Find assessor info on the county website

    Neighborhood: Long Island City

    Nearby schools

    GreatSchools rating