Nestled on a picturesque, tree-lined street in the heart of Long Island City, this classic three-story building offers a rare investment opportunity with six well-maintained one-bedroom, one-bath units. The property includes a spacious basement offering ample storage and potential for future amenities. Step into the serene backyard and you'll find mature fig trees that create a peaceful urban oasis - perfect for tenants seeing a slice of nature in the city. Located just minutes from major highways, public transportation, and restaurants, this building offers unbeatable connectivity while maintaining a quiet residential feel.
Whether you're looking to expand your investment portfolio or convert to a boutique condo project, this Long Island City gem offers incredible potential in a rapidly growing neighborhood
For sale
$3,200,000
5-17 51st Avenue, Long Island City, NY 11101
6beds
6,600sqft
Duplex, Multi Family
Built in 1931
-- sqft lot
$3,106,800 Zestimate®
$485/sqft
$-- HOA
What's special
Serene backyardSpacious basementTree-lined streetClassic three-story buildingWell-maintained one-bedroom one-bath unitsMature fig treesPeaceful urban oasis
- 13 days
- on Zillow |
- 454 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: June 10, 2025 at 12:37pm
Listing by:
Douglas Elliman Real Estate 516-883-5200,
Diane E. Andersen 516-695-2400
Source: OneKey® MLS,MLS#: 875477

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Has Heating (Unspecified Type)
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: In Unit
Features
- Eat-in Kitchen, Entrance Foyer
- Basement: Bilco Door(s),Full,Storage Space,Unfinished,Walk-Out Access
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 6,600
- Total interior livable area: 6,600 sqft
Property
Features
- Exterior features: Courtyard
Lot
- Size: 2,500 Square Feet
Details
- Parcel number: 000330018
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Unknown
Condition
- Year built: 1931
Utilities & green energy
- Gas: Separate Gas Meters: 6
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Natural Gas Available, Sewer Connected, Trash Collection Public, Water Connected
Community & HOA
Location
- Region: Long Island City
Financial & listing details
- Price per square foot: $485/sqft
- Annual tax amount: $13,411
- Date on market: 6/10/2025
- Listing agreement: Exclusive Right To Sell
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
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