Queens / Long Island City-Hunters Point / 11101
50-09 2 STREET
Recorded on the Digital Tax Map as THE POWERHOUSE CONDOMINIUM.
Boro4
Block16
Lot7501
BBL4000167501
Residential units
177
Units in total
181
Storeys
11
Year built
1909
Last alteration on file
2007
Recorded transfers
297 since 2003
01
What has sold here
Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.
| Recorded | Consideration | Unit | What transferred | Instrument |
|---|---|---|---|---|
| 23 Jul 2026 | $1,650,000 | 404 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 30 Mar 2026 | $860,000 | 311 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 26 Sep 2025 | $725,000 | 808 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 4 Aug 2025 | $955,000 | 902 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 15 Jul 2025 | $1,578,000 | 204 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 8 Jul 2025 | $1,100,000 | 221 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 5 Feb 2025 | $10 | 910 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 3 Feb 2025 | $1,600,000 | 413 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 31 Jan 2025 | $2,525,000 | 801 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 10 Jan 2025 | $1,670,000 | 216 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 23 Sep 2024 | $1,725,000 | 615 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 4 Sep 2024 | $1,195,000 | 417 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 29 Aug 2024 | $979,000 | 508 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 19 Aug 2024 | $695,000 | 518 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 14 Aug 2024 | $1,215,000 | 515 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 18 Jul 2024 | $1,300,000 | 206 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 2 Jul 2024 | $975,000 | 420 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 20 Jun 2024 | $1,420,000 | 1113 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 28 Feb 2024 | $2,200,000 | 1110 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 25 Aug 2023 | $875,000 | 405 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 7 Aug 2023 | $1,575,000 | 304 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 2 Aug 2023 | $2,150,000 | 1010 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 20 Jul 2023 | $1,600,000 | 416 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 23 May 2023 | $1,085,000 | 303 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 30 Mar 2023 | $1,160,000 | 314 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 22 Dec 2022 | $1,135,000 | 503 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 17 Oct 2022 | $2,620,000 | 805 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 4 Oct 2022 | $1,285,000 | 222 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 3 Oct 2022 | $680,000 | 618 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 28 Jun 2022 | $1,650,000 | 1103 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 7 Jan 2022 | $988,000 | 717 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 23 Dec 2021 | $1,425,000 | 316 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 23 Nov 2021 | $700,000 | 318 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 24 Sep 2021 | $750,000 | 210 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 1 Sep 2021 | $1,160,000 | 207 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 27 Aug 2021 | $889,000 | 912 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 12 Aug 2021 | $750,000 | 309 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 6 Aug 2021 | $955,000 | 1007 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 22 Jun 2021 | $1,395,000 | 401 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 4 Jun 2021 | $1,150,000 | 217 | SINGLE RESIDENTIAL CONDO UNIT | DEED |
| 297 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them. | ||||
- DEED
- DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
By year
| Year | Transfers | Median recorded | Lowest | Highest |
|---|---|---|---|---|
| 2026 | 2 | $1,255,000 | $860,000 | $1,650,000 |
| 2025 | 8 | $1,339,000 | $10 | $2,525,000 |
| 2024 | 9 | $1,215,000 | $695,000 | $2,200,000 |
| 2023 | 6 | $1,367,500 | $875,000 | $2,150,000 |
| 2022 | 6 | $1,210,000 | $680,000 | $2,620,000 |
| 2021 | 14 | $945,000 | $700,000 | $1,825,000 |
| 2020 | 5 | $1,379,000 | $880,786 | $1,525,000 |
| 2019 | 10 | $1,130,000 | $821,000 | $2,190,000 |
| 2018 | 10 | $1,059,582 | $670,000 | $2,144,500 |
| 2017 | 13 | $995,000 | $10 | $1,570,000 |
| 2016 | 16 | $1,124,482 | $805,000 | $2,400,000 |
| 2015 | 13 | $1,270,000 | $660,000 | $1,988,000 |
| 2014 | 25 | $900,000 | $690,000 | $1,800,000 |
| 2013 | 22 | $808,750 | $483,946 | $1,500,000 |
| 2012 | 11 | $629,000 | $10 | $810,000 |
| 2011 | 9 | $725,000 | $425,000 | $1,100,000 |
| 2010 | 28 | $615,658 | $415,740 | $1,240,000 |
| 2009 | 88 | $698,251 | $420,810 | $7,000,000 |
| 2008 | 2 | $724,082 | $379,000 | $1,069,163 |
02
The building on the lot
Section through the lot
Lot area
28,724 sq ft
Building area
199,706 sq ft
Residential area
187,903 sq ft
Commercial area
11,803 sq ft
Office area
-
Retail area
3,600 sq ft
Buildings on the lot
1
Built floor area ratio
6.95
Residential FAR permitted
6.02
Zoning district
M1-5/R8A
03
Assessment
Assessed land value
$504,900
Assessed total value
$11,629,786
Exempt value
$23,620
Assessed per residential unit
$65,705
Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.
04
Classification and location
Building class
RM
Neighbourhood
Long Island City-Hunters Point
ZIP code
11101
Community district
Queens 2
Council district
26
Coordinates
40.742972, -73.957976
The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.
05
Other buildings in Long Island City-Hunters Point
| Address | Class | Res. units | Built | Transfers | Median apartment, 5 yr |
|---|---|---|---|---|---|
| 56-28 2ND STREET | RM | 1,132 | 2020 | 0 | - |
| 22-44 JACKSON AVENUE | RM | 1,122 | 2016 | 0 | - |
| 43-25 HUNTER STREET | RM | 974 | 2015 | 0 | - |
| 43-30 24 STREET | D6 | 938 | 2022 | 0 | - |
| 45-45 CENTER BOULEVARD | D7 | 838 | 2011 | 0 | - |
| 2-21 MALT DRIVE | D6 | 812 | 2022 | 0 | - |
| 23-15 44TH DRIVE | RM | 802 | 2018 | 773 | $1.20m |
| 52-03 CENTER BLVD | RM | 800 | 2019 | 0 | - |
| 43-22 QUEENS STREET | D6 | 790 | 1929 | 0 | - |
| 1-50 50 AVENUE | RM | 619 | 2013 | 0 | - |
| 4610 CENTER BOULEVARD | D8 | 585 | 2012 | 0 | - |
| 2-20 MALT DRIVE | D6 | 575 | 2022 | 0 | - |