$1,650,0005-14 50th Ave Unit 2

5-14 50th Ave Unit 2, Queens, NY, 11101

$1,650,000

Est. Monthly Price:

6 Beds
6 Baths
3,750 SqFt
$440/SqFt
Multi
Schools Nearby

Housing Market Report

Sold Prices For All Homes in Queens

This Home$1.6M
$150K$3.1M

The Median Sold Price for All Homes in Queens is $671.5K

Based on homes sold in the last 12 months

See Full Housing Market Report

Facts and Features

Home TypeMulti Family
ParkingOther
Year Built1931
HeatingOther
CoolingNone
MLS #H6154662
StatusFor Sale
(A)

Description

Incredible Investment Opportunity in Prime Hunters Point South Introducing this fully-occupied multi-family residential building in Hunters Point, a renovated investment property with 6 rental units and a convenient location in one of the city's most desirable neighborhoods. The building has a new fa ade, new sash windows, a new boiler, updated electricity infrastructure, and a refurbished roof. Each unit features a classic 1-bedroom, 1-bathroom layout and beautiful hardwood floors. Several units have been gut-renovated and have modern kitchens with custom cabinets, sleek countertops, and high-end stainless steel appliances. 5-14 50th Avenue is nestled a half-block from the main pedestrian strip of Vernon Boulevard. It is moments from a variety of trendy restaurants, bars, cafes, and shops, including the Michelin star-rated Mexican spot, Casa Enrique. Also nearby are the lush riverside greenspaces of Hunters Point South Park and Gantry Plaza State Park. Public transportation options include the 7/E/M/G subway lines and the NYC Ferry. Lot dimensions : 25ft x 100ft Lot Sqft : 2,500 Building class : C2 Building sqft: 3,750 Building dimensions : 25 ft x 50 ft Buildings on Lot : 1 Residential Units: 6 1 Market rate unit 1 Rent Control unit 4 rent stabilized units Stories: 3 Allowed usable floor Area: 5,000 Usable floor area as built: 3,750 Unused FAR: 1,250 Annual property taxes: $11,472

Interior Features

  • Full Bathrooms: 6

Exterior Features

  • Parking: Other

Utilities

  • Heating: Other
  • Cooling: None

Other

  • Originating MLS: One Key MLS - HGAR
  • MLS Number: H6154662
  • Listing Office: Serhant Llc

Broker ReciprocityThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2021, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/7/2021, 11:55:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

What's it like to live at 5-14 50th Ave Unit 2, Queens, NY, 11101?

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest.

Elementary

4

PS 110 PS 110 url

4825 37th St0.77 mi

Public District KG-1

9

PS 78 PS 78 url

4809 Center Blvd0.80 mi

Public District PK-6

6

PS 199 Maurice A Fitzgerald PS 199 Maurice A Fitzgerald url

3920 48th Ave0.89 mi

Public District KG-4

Middle

6

Hunters Point Community Middle School Hunters Point Community Middle School url

150 51st Ave0.85 mi

Public District 6-6

2

PS 111 Jacob Blackwell PS 111 Jacob Blackwell url

3715 13th St1.26 mi

Public District PK-8

8

Intermediate School 125 Thomas J Mccann Woodside Intermediate School 125 Thomas J Mccann Woodside url

4602 47th Ave1.28 mi

Public District 5-8

High

6

Robert F Wagner Jr Secondary School Arts and Technology Robert F Wagner Jr Secondary School Arts and Technology url

4707 30th Pl0.33 mi

Public District 7-12

8

Academy of Finance and Enterprise Academy of Finance and Enterprise url

3020 Thomson Ave0.44 mi

Public District 9-12

3

High School of Applied Communications High School of Applied Communications url

3020 Thomson Ave0.44 mi

Public District 9-12

All data from Great Schools

What Are The Neighbors Like?

All data provided by Home Junction and Claritas

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Rocket HomesNew YorkQueens CountyQueens111015-14 50th Ave Unit 2

This home is located at 5-14 50th Ave Unit 2 in Queens, NY and zip code 11101. This 3,750 square foot home was built in 1931. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 16, 2021 and is currently priced at $1,650,000. The neighbors living near this home have an average income of $113,627.

In November 2021 in Queens, NY there were 1.6% more homes for sale than in October 2021. The median list price of listings available in November 2021 was $671,553, while the average time on the real estate market was 77 days. Over 128 listings were sold over their listed price in November 2021 in Queens, NY. In the same period over 544 listings were sold below the listed price and 92 listings were sold for the listed price. Most Queens, NY residents have annual incomes between $100k-200k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

Info IconFrom Rocket Homes Real Estate and based on county public records data.