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Off market
  • $3,052,400

    538 51st Ave, Long Island City, NY 11101

    6beds
    3,200sqft
    MultiFamily
    Built in 1891
    -- sqft lot
    $3,052,400 Zestimate®
    $954/sqft
    $4,944 Estimated rent

    Home value

    $3,052,400

    $2.75M - $3.42M

    $4,944/mo

    Zestimate® history
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    $4,944/mo

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    $18,623/mo

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    $18,623/mo

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    What's special

    Marble fireplace mantlesSeparate garden entranceHand-carved woodOriginal tin ceilingsOriginal red brickSandstone facadeModern queens

    Just listed. Rarely available, 25' wide townhouse located mere steps from the heart of Vernon-Jackson in prime Long Island City, on tranquil 51st Avenue. Romantically adorned for over a century under the consummate regard of one owner, endless care and affection has rendered this well loved home to market replete with stunningly well preserved original details in stately condition. This beautifully maintained and incredible property presents a rare opportunity to create a fully customized, luxurious single-family or two-family home with a 25' wide canvas and substantial buildable capacity (approx. 1900 sf). Dating back to the mid 1800's, 5-38 51st Avenue retains much of it's spectacular period details, including original red brick and sandstone facade, skylights with original stained glass detailing, hand-carved wood and plaster moldings and original tin ceilings, marble fireplace mantles in pristine original condition, and mahogany stair newel, banister, and spindles in unadulterated and near mint condition. Soaring ceiling heights at the parlor and top floors accentuate the wide-format layout creating an intricate flow to the vast floorplan,l unmatched by contemporary design. Additional features include 6 bedrooms spanning the 3200 square foot layout with one full bathroom at each level. Oversized common area dimensions offer the flexibility of a deluxe eat-in kitchen with separate, full sized dining room to accommodate the needs of a modern day family. A separate garden entrance offers the ultimate in layout optionality for a variety of designs to suit your ideal needs, offering full potential to maximize the additional 1900 buildable square feet (m 1-4 / r6b zoning). Near the intersection of Vernon Boulevard and Jackson Avenue in Long Island City, 5-38 51st Avenue is perfectly positioned to enjoy the best amenities offered by the convenience of modern Queens, including direct access to the ferry at Gantry Plaza (minutes to midtown) and seconds away from the 7 train at Vernon-Jackson, not to mention cafes, bars and restaurants galore. This incredible opportunity to create a 25' wide masterpiece awaits the most discerning of buyers.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,200 sqft

    Property

    Lot
    • Size: 2,500 Square Feet
    Details
    • Parcel number: 000340039

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1891

    Community & HOA

    Location
    • Region: Long Island City

    Financial & listing details

    • Price per square foot: $954/sqft
    • Tax assessed value: $2,805,000

    Price history

    DateEventPrice
    8/17/2022Sold$2,500,000-10.6%$781/sqft
    Source: Public Record Report a problem
    6/20/2022Pending sale$2,795,000$873/sqft
    Source: StreetEasy Report a problem
    5/7/2022Listed for sale$2,795,000$873/sqft
    Source: StreetEasy Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $168,300 +2.4%
    2024-- $164,340 +7.2%
    2023-- $153,300 +20.1%
    2022-- $127,680 +20.6%
    2021-- $105,840 +16.3%
    2020$3,096 +7.2%$91,020 +5.7%
    2019$2,887 -55.7%$86,100 +176.2%
    2018$6,520 +7.6%$31,170 +4.8%
    2017$6,062 +17.5%$29,738 +2.2%
    2016$5,160 $29,112
    2015$5,160 +73.2%$29,112 +6%
    2014$2,980 $27,469 +5.8%
    2013-- $25,975 +4.8%
    2012-- $24,782 +2.2%
    2011-- $24,260
    2010-- $24,260 +6%
    2009-- $22,891 +5.8%
    2008-- $21,646 +4.8%
    2007-- $20,652 +2.2%
    2006-- $20,217
    2005-- $20,217 +6%
    2004-- $19,076 +5.7%
    2003-- $18,039 +4.8%
    2002-- $17,210 +2.1%
    2001-- $16,848
    2000-- $16,848
    Find assessor info on the county website

    Neighborhood: Long Island City

    Nearby schools

    GreatSchools rating