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Map
$1,162,350
●
Condo -
Off Market
50-07 5th Street #2A
Queens, NY 11101
2 Beds
2 Baths
862 Sqft
$7,359
Estimated Monthly
$883
HOA / Fees
4.88%
Cap Rate
About This Property
PS. Images are of another unit in the building showcasing the same
finishes.
Quintessential charm. Distinctive style. The Alchemy emerges from Hunters Point's industrial past as a welcome addition to Long Island City.
An intimately friendly 17-unit condominium residence at 50-07 5th Street, The Alchemy is surrounded by quiet tree-lined streets and historic brownstones. It's just two blocks from Gantry State Park and the picturesque waterfront and one block away from bustling Vernon Boulevard, where restaurants, bars and lounges are plentiful. Although connected to the rhythms of city life, it's a tranquil enclave you'll want to call home.
Contemporary design meets sun-drenched living spaces in a mix of 1-2-bedroom units. Options include two ground floor duplexes that are sure to be coveted, as they feature private backyards and parking - truly an oasis in the city. All apartments offer private balconies and/or generous rooftop spaces, while the penthouse apartments offer views and spacious private front and back terraces or balconies.
All apartments are sleekly fashioned with luxe finishes. Airy interiors feature floor-to-ceiling Cortizo windows that provide superior natural light and dramatic streetscape views. Soaring 10' ceilings, 7" wide plank oak flooring and recessed lighting throughout are among the standout elements; completed by a soft muted color palette ready for you to make your own. You'll also appreciate the ability to add connectivity to your lifestyle here: The advanced Mitsubishi heating and cooling system is Nest and wifi compatible.
Kitchens are as pleasing as they are practical. Whether it's everyday meal prep or stylish entertaining, you'll do it all with ease in your Miton Cucine designed kitchen. Italian-imported cabinetry is integrated with high-end paneled appliances along with a gas Bosch or Blomberg Range.
The luxurious spa-inspired bathrooms are designed to pamper, outfitted with unique imported vanities, imported Spanish and Italian tiling, innovative Grohe shower systems and Toto fixtures, and radiant heated flooring.
For your convenience, apartments are equipped with washers and dryers. Select units are enhanced with not only a balcony but private rooftop spaces adding to their allure; a lovely spot to enjoy your preferred morning beverage or relax at sunset.
Thoughtfully curated amenities complement these fine residences. Enjoy the outdoor terrace, with its comfortable lounge and barbecue area, surrounded by those glorious views. And stay on top of your fitness goals; the fully equipped fitness center will keep you on track and on target.
Other essential services include a Butterfly MX entry system, fingerprint smart locks and bike storage.
From the peaceful shady streets to the Hunters Point Historic District, a national historic district of red-brick brownstones from the late 19th century, this micro-hood holds a special appeal. It's invitingly residential, while close to plentiful shopping and dining choices, and just two blocks from the waterfront. And that's perhaps best of all. The Alchemy is well situated near the East River, so that Gantry Plaza State Park - that amazing riverside retreat with playgrounds, fishing piers and running paths, along with Hunters Point South Park, is your backyard. The 11-acre Hunters Point South Park -considered a model of urban ecology and sustainable thinking - features a central green, playground, dog run, bikeway, waterside promenade with spectacular views of the Manhattan skyline), basketball court, and a 13,000 square foot pavilion with an elevated cafe plaza. It's all outside your door!
Transportation is easily accessible. Convenient options include both the 7 subway line and Long Island Rail Road, also the ferry at Hunter's Point South is an appealing alternative.
All this and more awaits you at The Alchemy. Far from ordinary. It's urban living transformed.
Quintessential charm. Distinctive style. The Alchemy emerges from Hunters Point's industrial past as a welcome addition to Long Island City.
An intimately friendly 17-unit condominium residence at 50-07 5th Street, The Alchemy is surrounded by quiet tree-lined streets and historic brownstones. It's just two blocks from Gantry State Park and the picturesque waterfront and one block away from bustling Vernon Boulevard, where restaurants, bars and lounges are plentiful. Although connected to the rhythms of city life, it's a tranquil enclave you'll want to call home.
Contemporary design meets sun-drenched living spaces in a mix of 1-2-bedroom units. Options include two ground floor duplexes that are sure to be coveted, as they feature private backyards and parking - truly an oasis in the city. All apartments offer private balconies and/or generous rooftop spaces, while the penthouse apartments offer views and spacious private front and back terraces or balconies.
All apartments are sleekly fashioned with luxe finishes. Airy interiors feature floor-to-ceiling Cortizo windows that provide superior natural light and dramatic streetscape views. Soaring 10' ceilings, 7" wide plank oak flooring and recessed lighting throughout are among the standout elements; completed by a soft muted color palette ready for you to make your own. You'll also appreciate the ability to add connectivity to your lifestyle here: The advanced Mitsubishi heating and cooling system is Nest and wifi compatible.
Kitchens are as pleasing as they are practical. Whether it's everyday meal prep or stylish entertaining, you'll do it all with ease in your Miton Cucine designed kitchen. Italian-imported cabinetry is integrated with high-end paneled appliances along with a gas Bosch or Blomberg Range.
The luxurious spa-inspired bathrooms are designed to pamper, outfitted with unique imported vanities, imported Spanish and Italian tiling, innovative Grohe shower systems and Toto fixtures, and radiant heated flooring.
For your convenience, apartments are equipped with washers and dryers. Select units are enhanced with not only a balcony but private rooftop spaces adding to their allure; a lovely spot to enjoy your preferred morning beverage or relax at sunset.
Thoughtfully curated amenities complement these fine residences. Enjoy the outdoor terrace, with its comfortable lounge and barbecue area, surrounded by those glorious views. And stay on top of your fitness goals; the fully equipped fitness center will keep you on track and on target.
Other essential services include a Butterfly MX entry system, fingerprint smart locks and bike storage.
From the peaceful shady streets to the Hunters Point Historic District, a national historic district of red-brick brownstones from the late 19th century, this micro-hood holds a special appeal. It's invitingly residential, while close to plentiful shopping and dining choices, and just two blocks from the waterfront. And that's perhaps best of all. The Alchemy is well situated near the East River, so that Gantry Plaza State Park - that amazing riverside retreat with playgrounds, fishing piers and running paths, along with Hunters Point South Park, is your backyard. The 11-acre Hunters Point South Park -considered a model of urban ecology and sustainable thinking - features a central green, playground, dog run, bikeway, waterside promenade with spectacular views of the Manhattan skyline), basketball court, and a 13,000 square foot pavilion with an elevated cafe plaza. It's all outside your door!
Transportation is easily accessible. Convenient options include both the 7 subway line and Long Island Rail Road, also the ferry at Hunter's Point South is an appealing alternative.
All this and more awaits you at The Alchemy. Far from ordinary. It's urban living transformed.
Unit Size
862Ft²
Days on Market
159 days
Land Size
-
Price per sqft
$1,348
Property Type
Condo
Property Taxes
$768
HOA Dues
$883
Year Built
-
Last updated: 3 months ago (RLS #OLRS-2056140)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 29, 2024 | Sold | $1,162,350 | |
Sold | |||
Sep 20, 2023 | In contract | - | |
In contract | |||
Aug 23, 2023 | Listed by Modern Spaces | $1,162,350 | |
Listed by Modern Spaces |
Property Highlights
Garage
Doorman
Air Conditioning
Parking Details
Has Garage
Interior Details
Bedroom Information
Bedrooms: 2
Bathroom Information
Full Bathrooms: 2
Interior Information
Interior Features: Entrance Foyer
Appliances: Dryer, Washer
Living Area: 862
Room Information
Laundry Features: Building Washer Dryer Install Allowed, In Unit
Rooms: 4
Exterior Details
Property Information
Year Built: 2023
Building Information
Outdoor Living Structures: Balcony
Pets Allowed: Building Yes, Yes
Lot Information
Lot Size Dimensions: 25.0 x 100.0
Land Information
Tax Lot: 27
Tax Block: 33
Financial Details
Tax Annual Amount: $9,216
Utilities Details
Cooling Type: Central Air
Location Details
Subdivision Name: Long Island City
Stories Total: 6
Association Fee: $883
Association Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Condo
2
Beds
2
Baths
843 ft²
$1,426/ft²
$1,202,350
Aug 12, 2023
$1,202,350
Jan 24, 2024
$1,641/mo
Sold
Condo
2
Beds
2
Baths
843 ft²
$1,403/ft²
$1,182,350
Sep 7, 2023
$1,182,350
Jan 24, 2024
$1,612/mo
Sold
Condo
2
Beds
2
Baths
843 ft²
$1,450/ft²
$1,222,350
Aug 3, 2023
$1,222,350
Jan 19, 2024
$1,672/mo
Sold
Condo
2
Beds
2
Baths
832 ft²
$1,418/ft²
$1,180,000
Aug 28, 2023
$1,180,000
Apr 12, 2024
$1,654/mo
Sold
Condo
2
Beds
2
Baths
832 ft²
$1,403/ft²
$1,166,922
Jul 27, 2023
$1,166,922
Jan 18, 2024
$1,593/mo
Sold
Condo
2
Beds
2
Baths
832 ft²
$1,426/ft²
$1,186,661
Aug 23, 2023
$1,186,661
Jan 16, 2024
$1,625/mo
In Contract
Condo
2
Beds
1
Bath
867 ft²
$1,292/ft²
$1,120,000
Jan 24, 2024
-
$1,612/mo
Active
Condo
2
Beds
2
Baths
929 ft²
$1,233/ft²
$1,145,000
Apr 15, 2024
-
$1,297/mo
In Contract
Condo
2
Beds
2
Baths
828 ft²
$1,630/ft²
$1,350,000
Jan 11, 2024
-
$550/mo
Active
Condo
2
Beds
2
Baths
932 ft²
$1,341/ft²
$1,250,000
Mar 15, 2024
-
$655/mo
In Contract
Condo
2
Beds
2
Baths
886 ft²
$1,518/ft²
$1,345,000
Oct 10, 2019
-
$1,700/mo
In Contract
Condo
2
Beds
2
Baths
886 ft²
$1,529/ft²
$1,355,000
Oct 10, 2019
-
$1,641/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/07/2023
|
2 Bed
|
2 Bath
|
843 ft²
|
$1,182,350
2 Bed
2 Bath
843 ft²
|
$1,182,350
01/24/2024
|
-
|
Alexander Pereira
Modern Spaces, LLC
|
|
09/07/2023
|
1 Bed
|
1 Bath
|
538 ft²
|
$784,450
1 Bed
1 Bath
538 ft²
|
$784,450
01/22/2024
|
-
|
Alexander Pereira
Modern Spaces, LLC
|
|
08/28/2023
|
2 Bed
|
2 Bath
|
832 ft²
|
$1,206,400
2 Bed
2 Bath
832 ft²
|
$1,180,000
-2.19%
04/12/2024
|
-
|
Alexander Pereira
Modern Spaces, LLC
|
|
08/23/2023
|
2 Bed
|
2 Bath
|
862 ft²
|
$1,162,350
2 Bed
2 Bath
862 ft²
|
$1,162,350
01/29/2024
|
-
|
Alexander Pereira
Modern Spaces, LLC
|
|
08/23/2023
|
2 Bed
|
2 Bath
|
832 ft²
|
$1,186,661
2 Bed
2 Bath
832 ft²
|
$1,186,661
01/16/2024
|
-
|
Alexander Pereira
Modern Spaces, LLC
|
|
08/16/2023
|
1 Bed
|
1 Bath
|
538 ft²
|
$759,525
1 Bed
1 Bath
538 ft²
|
$759,525
01/29/2024
|
-
|
Alexander Pereira
Modern Spaces, LLC
|
|
08/12/2023
|
2 Bed
|
2 Bath
|
843 ft²
|
$1,202,350
2 Bed
2 Bath
843 ft²
|
$1,202,350
01/24/2024
|
-
|
Alexander Pereira
Modern Spaces, LLC
|
|
08/11/2023
|
1 Bed
|
1 Bath
|
533 ft²
|
$765,125
1 Bed
1 Bath
533 ft²
|
$765,125
01/19/2024
|
-
|
Alexander Pereira
Modern Spaces, LLC
|
|
08/11/2023
|
1 Bed
|
1 Bath
|
538 ft²
|
$746,200
1 Bed
1 Bath
538 ft²
|
$746,200
01/16/2024
|
-
|
Alexander Pereira
Modern Spaces, LLC
|
|
08/03/2023
|
1 Bed
|
1 Bath
|
533 ft²
|
$772,850
1 Bed
1 Bath
533 ft²
|
$772,850
01/22/2024
|
-
|
Alexander Pereira
Modern Spaces, LLC
|
|
08/03/2023
|
2 Bed
|
2 Bath
|
843 ft²
|
$1,222,350
2 Bed
2 Bath
843 ft²
|
$1,222,350
01/19/2024
|
-
|
Alexander Pereira
Modern Spaces, LLC
|
|
08/03/2023
|
1 Bed
|
1 Bath
|
620 ft²
|
$927,000
1 Bed
1 Bath
620 ft²
|
$927,000
02/05/2024
|
-
|
Alexander Pereira
Modern Spaces, LLC
|
|
08/03/2023
|
2 Bed
|
3 Bath
|
1200 ft²
|
$1,670,200
2 Bed
3 Bath
1200 ft²
|
$1,670,200
01/16/2024
|
-
|
Alexander Pereira
Modern Spaces, LLC
|
|
07/27/2023
|
2 Bed
|
2 Bath
|
961 ft²
|
$1,447,500
2 Bed
2 Bath
961 ft²
|
$1,447,500
01/19/2024
|
-
|
Alexander Pereira
Modern Spaces, LLC
|
|
07/27/2023
|
2 Bed
|
2 Bath
|
832 ft²
|
$1,166,922
2 Bed
2 Bath
832 ft²
|
$1,166,922
01/18/2024
|
-
|
Alexander Pereira
Modern Spaces, LLC
|
|
07/27/2023
|
2 Bed
|
3 Bath
|
1198 ft²
|
$1,661,800
2 Bed
3 Bath
1198 ft²
|
$1,661,800
01/26/2024
|
-
|
Alexander Pereira
Modern Spaces, LLC
|
|
07/27/2023
|
1 Bed
|
1 Bath
|
533 ft²
|
$757,400
1 Bed
1 Bath
533 ft²
|
$757,400
01/16/2024
|
-
|
Alexander Pereira
Modern Spaces, LLC
|