2-40 51st Avenue, #2N, Queens (Long Island City), NY, 11101 | $895,000

Welcome to Residence 2N at The Foundry.
This beautifully designed one-bedroom, one-bath home is located on a quiet, tree-lined stretch of 51st Street in the heart of Long Island City.

The residence features a private balcony with ample space to comfortably accommodate a table and chairs. It is perfect for enjoying breakfast, morning coffee, or a relaxing break on a beautiful day. Both the living area and the balcony offer peaceful views of the tree-lined street below, providing a rare sense of calm and privacy in the city.

Inside, the home is well-proportioned and features hardwood flooring and custom storage throughout. The open kitchen is thoughtfully designed for both style and functionality and is equipped with sleek finishes and high-quality stainless-steel appliances, making it ideal for everyday living and entertaining.
The spacious primary bedroom easily accommodates a king-size bed and includes a walk-in closet, offering generous storage.
The spa-inspired bathroom features clean, modern finishes and a deep soaking tub with a shower combination. An in-unit washer and dryer add everyday convenience.

The Foundry offers a full suite of amenities, including a dramatic double-height lobby, an on-site resident manager, a package room, a fitness center, bicycle storage, and a large outdoor terrace with a dog run.

Ideally located just two blocks from the NYC Ferry and the 7 train, the building offers effortless access to Manhattan with just one stop to Grand Central. Nearby are Gantry Plaza State Park, Hunters Point South Park, the iconic Hunters Point Library, along with an excellent selection of cafs, restaurants, and grocery stores.





Features

  • Town: Queens
  • Cooling: None
  • Levels: 4
  • Amenities: Garage; Courtyard; Cabanas; Roof Deck; Cold Storage;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: Foundry at Hunters Point, The
  • Year Built: 2008
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Balcony: Yes
  • Building Access : Elevator
  • Health Club: Yes
  • Service Level: Full Service
  • Concierge: Yes
  • Doorman: Yes
  • OLR#: RLS20065279
  • Days on Market: 253 days
  • Website: https://www.raveis.com
    /prop/RLS20065279/24051stavenue_queens_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Serene Powers Real Estate LLC

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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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
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

2-40 51st Avenue, #2N, Queens (Long Island City), NY, 11101

$895,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $716,000 $716,000 $716,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.069% 6.110% 5.932%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,954 $4,293 $5,946
Total Monthly Payment $4,046 $4,385 $6,038

* 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.