87-22 51st Avenue, #4E, Elmhurst, NY, 11373 | $549,000

Luxury one-bedroom at Elm51 Condominium in Elmhurst offers modern elegance, everyday comfort, and unbeatable convenience. Bright and airy, the home is filled with natural light streaming through large windows in every room. The sleek kitchen features stainless steel appliances and generous counter space — ideal for both daily living and entertaining. Contemporary LED lighting enhances the stylish feel, while your self-controlled heating and cooling system ensures comfort all year round. Built in 2017, Elm51 is a well-maintained and professionally managed condominium with top-tier amenities, including a fully equipped 24/7 gym, laundry facilities, package room, conference room, and a spacious outdoor terrace on the fifth floor complete with a children’s playground and open views. Doorman service is available from 11 AM to 7 PM daily, except Tuesdays from 12: 30 PM to 8: 30 PM. The location delivers true Elmhurst convenience — just minutes from the subway, and close to shops, schools, libraries, restaurants, cafés, parks, and everyday essentials. The low common charge of $287. 31 includes hot and cold water and cooking gas, offering exceptional value compared to similar buildings. The yearly tax is only $132. 52 with the current tax abatement, and over seven years of tax abatement remain, making this home an outstanding long-term investment. Parking space P9, a corner open-space garage spot, is available for purchase separately for $80, 000. Whether you own a condo in Elm51 or want to secure a private parking option in Elmhurst, this rare offering provides excellent convenience. An exceptional opportunity to own a beautifully designed home in a prime location where comfort, practicality, and neighborhood vibrancy come together.

Features

  • Parking: 1-car
  • Heating: Electric
  • Cooling: Multi Units
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area
  • Year Built: 2017
  • Common Charge: $287
  • Approx Sq. Feet: 550
  • Est. Taxes: $133
  • Elem. School: Ps 7 Louis F Simeone
  • Middle School: Is 5 Walter Crowley Intermediate
  • High School: Newtown High School
  • School District: Queens24
  • Appliances: Oven, Refrigerator
  • MLS#: 856663
  • Days on Market: 216 days
  • Website: https://www.raveis.com
    /prop/856663/872251stavenue_elmhurst_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Keller Williams Landmark II   Phone: 347-846-1200

William Raveis Family of Services

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
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Ryan FortierInsurance Sales Director, William Raveis Insurance

516.739.7731

Ryan.Fortier@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

87-22 51st Avenue, #4E, Elmhurst, NY, 11373

$549,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $439,200 $439,200 $439,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.990% 5.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.285% 6.132% 5.415%
Monthly Tax Payment $11 $11 $11
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,494 $2,630 $3,502
Total Monthly Payment $2,597 $2,733 $3,605

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.