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Powerhouse

50-9 2nd Street, Long Island City, NY 11101
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Powerhouse is a condo located 50-9 2nd Street, in Hunters Point, Long Island City. The building was first built in 1909 and is 115 years old. It was first renovated and altered in 2007. The lot that the building was built on is 105 feet wide and 265 feet long. The official lot area is listed as 28,724 square feet. The building itself is 105 feet wide and 265 feet long. In total, 50-9 2nd Street has a total floor area of 199,706 square feet. Of that, 187,903 square feet are used for residential purposes. About 11,803 square feet of the building are used for commercial purposes. Additionally, the building has a 8,203 square feet garage. There are a total of 181 units. Of those, 177 are residential units. There are 4 commercial units. 50-9 2nd Street has a total of 11 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 319 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 83 days Meaning, listings tend to sell at a median of $814 price per square foot. The transaction that took the longest to complete was unit 617, listed on Feb 04, 2014 for $825,000. This particular unit ultimately sold 83 days later for $835,000. The most recent transaction was for unit 807, sold for $0 on Sep 21, 2023. Fun fact, the oldest transaction we have on record took place on Dec 19, 1992. See the full transaction history for Powerhouse below.

Hunters Point, where 50-9 2nd Street is located, has a median asking price of $749,605 for condo buildings. Meanwhile, the building itself has a median asking price of $825,000. For interested buyers, that means the building's median asking price is around 1.32% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Services

Concierge

Pet Policy

Dogs Allowed / Cats Allowed
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20140204 Unit 617
02/04/2014
617
1 Bed
1 Bath
1013 ft²
$825,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1013 ft²
$835,000 +1.21%
04/28/2014
Eun Chung
TOWN Residential, LLC.

Building Info

Overview

    General

  • Year Built: 1909
  • First Altered Year: 2007
  • Building Count: 1
  • Floor Count: 11
  • Total Unit Count: 181
  • Residential Unit Count: 177
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 28,724
  • Lot Size Depth Feet: 265
  • Lot Size Frontage Feet: 105
  • Building Depth: 265
  • Building Frontage: 105
  • Gross Building Area: 199,706

    Building Floor Area

  • Residential Building Floor Area: 187,903
  • Commercial Building Floor Area: 11,803
  • Garage Building Floor Area: 8,203
  • Retail Building Floor Area: 3,600

    Floor Area Ratio

  • Built Floor Area Ratio: 7
  • Residential Floor Area Ratio: 6
  • Commercial Floor Area Ratio: 5
  • Facilities Floor Area Ratio: 7

Building

  • Building Type: RM
  • Lot Type: 1
  • Land Use: 04
  • Irregular Lot Code: N

Neighborhood

  • Community District: 402
  • City Council District: 26
  • Police Precinct: 108
  • Fire Company: L115
  • Health Area: 720
  • Sanitation District Borough: 4
  • Sanitation Subsection: 3B
  • School District: 30

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: M1-5/R8A
  • Special Purpose District 1: LIC

Geography

  • Borough Name: QN
  • Borough Code: 4
  • Block: 16
  • Lot: 7501
  • Borough Block Lot: 4000167501

    Address

  • Full Address: 50-09 2 Street
  • Condominium Number: 597
  • Zip Code: 11101

Valuation

    Assessments Valuation

  • Assessed Total Value: $8,635,496
  • Assessed Land Value: $504,900

    Exemptions

  • Exempt Total Value: $4,787,093
  • Exempt Land Value: $0

About Northwestern Queens



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Frequently Asked Questions

What neighborhood is 50-9 2nd Street located in?
The 50-9 2nd Street is a condo located in the neighborhood of Hunters Point in Northwestern Queens, Long Island City.
What is the average sales price for listings in 50-9 2nd Street?
The average sales price for units in 50-9 2nd Street is $825,000 , or $814/sqft. currently.

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