Building: The Powerhouse at 50-09 2nd Street in Long Island City

The Powerhouse at 50-09 2nd Street in Long Island City
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Conversion of industrial building and 4-story rooftop addition located at 50th Avenue and Second Street in LIC. The conversion will result in 177 units, with studio loft, one, two & three bedrooms condos.

Among with amenities includes the unique Aqua Grotto, a water oriented social common space designed by American Leisure Corp. It will feature a large whirlpool an waterfall.

The building was the Pennsylvania Railroad Power Station, designed by McKim, Mead & White, built in 1909 and closed in 1920. The four iconic smokestacks have been demolished.


Financing available at The Powerhouse for qualified buyers from Home Owners Mortgage


Architect:
Karl Fischer
Developer:

CGS Builders

Interiors:
Andrés Escobar
Sales and marketing:

Prudential Douglas Elliman

Sales office tel:

718-472-5009

Sales start:

September 2007

Website:
The Powerhouse
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Market Data

25 active sales listings:$748 per ft² (avg)
120 previous sales listings:$761 per ft² (avg)
27 previous rentals listings:$35 per ft² (avg)
74 recorded sales:$700 per ft² (avg)

Local Schools

Schools zoned for this building:

Location

The Powerhouse at 50-09 2nd Street, Long Island City, NY 11101

Recent Activity

Prudential Elliman added an open house for 50-09 2nd Street #602 about 3 hours ago
Prudential Elliman added an open house for 50-09 2nd Street #218 about 3 hours ago
Prudential Elliman added an open house for 50-09 2nd Street #322 about 3 hours ago
Prudential Elliman added an open house for 50-09 2nd Street #210 about 3 hours ago
Prudential Elliman added an open house for 50-09 2nd Street #202 about 3 hours ago
Prudential Elliman added an open house for 50-09 2nd Street #320 about 3 hours ago
Prudential Elliman added an open house for 50-09 2nd Street #1011 about 3 hours ago
Prudential Elliman added an open house for 50-09 2nd Street #608 about 3 hours ago
Prudential Elliman added an open house for 50-09 2nd Street #1012 about 3 hours ago
Prudential Elliman added an open house for 50-09 2nd Street #505 about 3 hours ago

Agents Active In This Building

Sales: Stacy Spielman, Diane DAmbrosio, Casey Rosenblum, Stefan Hiller, and Jennifer Dorfmann

Rentals: eric benaim

Sales listings for this building

SAVE RSS Active Listings (12)

$1,035,000
50-09 2nd Street #602   1 bed   1,259 ft²
Open House: Sun, Nov 22 (12:00 - 3:00)
$1,010,000
50-09 2nd Street #608   1 bed   1,186 ft²
Open House: Sun, Nov 22 (12:00 - 3:00)
$860,000
50-09 2nd Street #1011   2 beds   1,263 ft²
Open House: Sun, Nov 22 (12:00 - 3:00)
$810,000
50-09 2nd Street #322   1 bed   1,173 ft²
Open House: Sun, Nov 22 (12:00 - 3:00)
$710,000
50-09 2nd Street #303   1 bed   947 ft²
$690,000
50-09 2nd Street #202   1 bed   945 ft²
Open House: Sun, Nov 22 (12:00 - 3:00)
$660,000
50-09 2nd Street #1012   1 bed   830 ft²
Open House: Sun, Nov 22 (12:00 - 3:00)
$555,000
50-09 2nd Street #320   1 bed   851 ft²
Open House: Sun, Nov 22 (12:00 - 3:00)
$550,000
50-09 2nd Street #509   756 ft²
$525,000
50-09 2nd Street #505   757 ft²
Open House: Sun, Nov 22 (12:00 - 3:00)
$515,000
50-09 2nd Street #210   759 ft²
Open House: Sun, Nov 22 (12:00 - 3:00)
$475,000
50-09 2nd Street #218   613 ft²
Open House: Sun, Nov 22 (12:00 - 3:00)
 

SAVE RSS Listings in Contract (13)

$1,130,000
50-09 2nd Street   1 bed   1,262 ft²
$910,000
50-09 2nd Street   1 bed   1,232 ft²
$870,000
50-09 2nd Street   2 beds   1,495 ft²
$830,000
50-09 2nd Street   1 bed   947 ft²
$825,000
50-09 2nd Street   2 beds   1,268 ft²
$810,000
50-09 2nd Street   1 bed   791 ft²
$700,000
50-09 2nd Street   1 bed   890 ft²
$625,000
50-09 2nd Street   1 bed   852 ft²
$620,000
50-09 2nd Street   1 bed   756 ft²
$580,000
50-09 2nd Street   808 ft²
$580,000
50-09 2nd Street #519   1 bed   880 ft²
$520,000
50-09 2nd Street   756 ft²
$520,000
50-09 2nd Street   757 ft²

Rentals listings for this building

SAVE RSS Active Listings (0)

None
 

SAVE RSS Listings in Contract (0)

None

Activity for this building

  Recorded Sales ? Previous Listings ?   (may or may not have sold)
11/10/2009 #221 -     $600,000 1 bed 1 bath 859 ft²
11/10/2009 #402 -     $740,000 1 bed 2 baths 945 ft²
11/05/2009 #901 $978,000 -21.8%   $1,250,000 Sold 3 beds 2 baths 1,622 ft²
10/30/2009 #720 $530,000     -          
10/28/2009 #501 $800,000     -          
10/26/2009 #306 insiders only     $730,000 Sold 1 bed 2 baths 1,118 ft²
09/25/2009 #617 -     $680,000 1 bed 1 bath 1,013 ft²
09/22/2009 #903 -     $950,000 2 beds 2 baths 1,201 ft²
09/18/2009 #1107 insiders only     -          
09/18/2009 #808 insiders only     -          
09/09/2009 #906 insiders only     -          
09/04/2009 #1009 insiders only     $1,120,000 Sold 2 beds 2 baths 1,473 ft²
09/02/2009 #1101 -     $1,220,000 3 beds 2 baths 1,622 ft²
09/02/2009 #1010 -     $1,300,000 3 beds 3 baths 1,752 ft²
08/28/2009 #813 insiders only     $810,000 Sold 2 beds 2 baths 1,187 ft²
08/27/2009 #801 -     $1,100,000 3 beds 2 baths 1,622 ft²
08/27/2009 #420 -     $570,000 1 bed 1 bath 851 ft²
08/27/2009 #510 -     $590,000 1 bath 759 ft²
08/27/2009 #205 -     $520,000 1 bath 757 ft²
08/27/2009 #603 -     $1,130,000 1 bed 2.5 baths 1,262 ft²
08/27/2009 #1007 insiders only     -          
08/26/2009 #223 insiders only     $615,000 Sold 1 bed 1.5 baths 888 ft²
08/21/2009 #905 insiders only     $1,150,000 Sold 2 beds 2 baths 1,441 ft²
08/19/2009 #415 insiders only     $670,000 Sold 1 bed 2 baths 965 ft²
08/12/2009 #1114 insiders only     -          
08/11/2009 #1014 insiders only     -          
08/10/2009 #404 insiders only     $825,000 Sold 2 beds 2 baths 1,281 ft²
07/31/2009 #311 insiders only     $550,000 Sold 1 bed 1 bath 758 ft²
07/30/2009 #801 insiders only     $1,100,000 Sold 3 beds 2 baths 1,622 ft²
07/29/2009 #1106 insiders only     -          
07/23/2009 #309 -     $530,000 1 bath 756 ft²
07/20/2009 #909 insiders only     -          
07/17/2009 #410 insiders only     $585,000 Sold 1 bath 759 ft²
07/15/2009 #503 insiders only     $830,000 Sold 1 bed 2 baths 947 ft²
07/14/2009 #604 insiders only     $1,320,800 Sold 2 beds 2 baths 1,677 ft²
07/06/2009 #1006 insiders only     $685,000 Sold 2 beds 2 baths 1,131 ft²
06/29/2009 #1105 insiders only     -          
06/26/2009 #317 insiders only     $685,000 Sold 1 bed 1 bath 1,013 ft²
06/25/2009 #807 insiders only     $595,000 Sold 1 bed 1 bath 763 ft²
06/19/2009 #518 -     $460,000 1 bath 613 ft²
06/19/2009 #407 -     $910,000 1 bed 2 baths 1,232 ft²
06/19/2009 #621 -     $595,000 1 bed 1 bath 859 ft²
06/16/2009 #1109 -     $1,300,000 2 beds 2 baths 1,473 ft²
06/16/2009 #520 -     $590,000 1 bed 1 bath 851 ft²
06/16/2009 #209 -     $530,000 1 bath 756 ft²
06/10/2009 #623 -     $655,000 1 bed 1.5 baths 888 ft²
06/03/2009 #801 -     $1,900,000 3 beds 2 baths 1,622 ft²
05/28/2009 #215 insiders only     -          
05/14/2009 #1109 insiders only     -          
04/23/2009 #912 -     $600,000 1 bed 1 bath 830 ft²
04/23/2009 #316 -     $825,000 2 beds 2 baths 1,357 ft²
04/23/2009 #618 -     $470,000 1 bath 613 ft²
04/23/2009 #804 -     $700,000 1 bath 808 ft²
04/23/2009 #302 -     $725,000 1 bed 2 baths 945 ft²
04/23/2009 #803 -     $1,200,000 2 beds 2 baths 1,201 ft²
04/22/2009 #406 insiders only     $830,000 Sold 1 bed 2 baths 1,118 ft²
04/21/2009 #416 insiders only     $950,000 Sold 2 beds 2 baths 1,357 ft²
04/16/2009 #1004 -     $625,000 1 bath 808 ft²
04/07/2009 #321 insiders only     $595,000 Sold 1 bed 1 bath 859 ft²
04/01/2009 #1102 -     $735,000 1 bed 1 bath 791 ft²
04/01/2009 #911 -     $850,000 2 beds 2 baths 1,263 ft²
03/26/2009 #214 insiders only     $515,000 Sold 1 bed 2 baths 1,001 ft²
03/19/2009 #512 insiders only     $580,000 Sold 1 bath 759 ft²
03/13/2009 #305 insiders only     $530,000 Sold 1 bath 757 ft²
03/13/2009 #413 insiders only     $835,000 Sold 2 beds 2 baths 1,268 ft²
03/05/2009 #405 insiders only     $540,000 Sold 1 bath 757 ft²
03/05/2009 #619 insiders only     $595,000 Sold 1 bed 1 bath 880 ft²
03/02/2009 #717 insiders only     $715,000 Sold 1 bed 1 bath 1,013 ft²
02/27/2009 #605 insiders only     $820,000 Sold 1.5 baths 1,009 ft²
02/27/2009 #502 insiders only     $750,000 Sold 1 bed 2 baths 945 ft²
02/26/2009 #1002 insiders only     $770,000 Sold 1 bed 1 bath 791 ft²
02/25/2009 #421 insiders only     $595,000 Sold 1 bed 1 bath 859 ft²
02/24/2009 #313 insiders only     $825,000 Sold 2 beds 2 baths 1,268 ft²
02/19/2009 #423 insiders only     $650,000 Sold 1 bed 1.5 baths 888 ft²
02/13/2009 #414 insiders only     $725,000 Sold 1 bed 2 baths 1,001 ft²
02/12/2009 #802 insiders only     $770,000 Sold 1 bed 1 bath 791 ft²
02/11/2009 #308 insiders only     $660,000 Sold 1 bed 1 bath 890 ft²
02/06/2009 #1103 insiders only     -          
02/05/2009 #315 insiders only     $625,000 Sold 1 bed 2 baths 965 ft²
02/04/2009 #718 insiders only     $480,000 Sold 1 bath 618 ft²
02/02/2009 #620 insiders only     $595,000 Sold 1 bed 1 bath 852 ft²
01/30/2009 #506 insiders only     $845,000 Sold 1 bed 2 baths 1,118 ft²
01/30/2009 #508 insiders only     $700,000 Sold 1 bed 1 bath 890 ft²
01/29/2009 #213 insiders only     $775,000 Sold 2 beds 2 baths
01/29/2009 #412 insiders only     $570,000 Sold 1 bath 759 ft²
01/29/2009 #515 insiders only     $695,000 Sold 1 bed 2 baths 965 ft²
01/29/2009 #418 insiders only     $430,000 Sold 1 bath 613 ft²
01/28/2009 #902 -     $710,000 Sold 1 bed 1 bath 791 ft²
01/27/2009 #812 -     $640,000 Off-Market 1 bed 1 bath 830 ft²
01/27/2009 #419 insiders only     $580,000 Sold 1 bed 1 bath 880 ft²
01/27/2009 #805 insiders only     $1,400,000 Sold 2 beds 2 baths 1,441 ft²
01/27/2009 #408 insiders only     $670,000 Sold 1 bed 1 bath 890 ft²
01/26/2009 #403 insiders only     $750,000 Sold 1 bed 2 baths 947 ft²
01/26/2009 #217 insiders only     $720,000 Sold 1 bed 2 baths 1,013 ft²
01/23/2009 #417 insiders only     $690,000 Sold 1 bed 1 bath 1,013 ft²
01/21/2009 #211 insiders only     $540,000 Sold 1 bath 758 ft²
01/21/2009 #212 insiders only     $540,000 Sold 1 bath 759 ft²
01/16/2009 #504 insiders only     $930,000 Sold 2 beds 2 baths 1,281 ft²
01/15/2009 #314 insiders only     $675,000 Sold 1 bed 2 baths 1,001 ft²
01/14/2009 #806 insiders only     $1,100,000 Sold 2 beds 2 baths 1,131 ft²
01/14/2009 #318 insiders only     $420,000 Sold 1 bath 613 ft²
01/12/2009 #1113 insiders only     -          
01/09/2009 #511 insiders only     $580,000 Sold 1 bath 758 ft²
01/08/2009 #1003 -     $1,150,000 Sold 2 beds 2 baths 1,201 ft²
01/07/2009 #908 insiders only     $495,000 Sold 1 bath 608 ft²
10/26/2008 #513 -     $890,000 2 beds 2 baths 1,268 ft²
10/13/2008 #907 -     $675,000 1 bed 1 bath 763 ft²
09/22/2008 #903 -     $1,075,000 2 beds 2 baths
08/28/2008 #1008 insiders only     -          
06/25/2008 #514 -     $695,000 Off-Market 1 bed 2 baths 1,001 ft²
06/25/2008 #1102 -     $775,000 Off-Market 1 bed 1 bath 791 ft²
05/06/2008 #517 -     $700,000 Off-Market 1 bed 1 bath 1,013 ft²
05/04/2008 #1105 -     $1,500,000 Off-Market 2 beds 2 baths 1,441 ft²
04/30/2008 #901 -     $1,300,000 Off-Market 3 beds 2 baths 1,622 ft²
04/30/2008 #509 -     $560,000 Off-Market 1 bath 756 ft²
04/14/2008 #221 -     $700,000 Off-Market 1 bed 1 bath 859 ft²
04/14/2008 #811 -     $1,050,000 Off-Market 2 beds 2 baths 1,263 ft²
03/18/2008 #323 -     $620,000 Off-Market 1 bed 1.5 baths 888 ft²
03/05/2008 #814 -     $1,200,000 Off-Market 2 beds 2.5 baths
03/05/2008 #909 -     $1,275,000 Off-Market 2 beds 2 baths 1,473 ft²
02/27/2008 #307 -     $850,000 Off-Market 1 bed 2 baths 1,232 ft²
02/23/2008 #311 -     $550,000 Off-Market 1 bath 758 ft²
02/05/2008 #904 -     $660,000 Off-Market 1 bath 808 ft²
02/05/2008 #910 -     $1,535,000 Off-Market 3 beds 3 baths 1,752 ft²
02/02/2008 #1001 -     $1,365,000 Off-Market 3 beds 2 baths 1,622 ft²
02/02/2008 #1011 -     $1,075,000 Off-Market 2 beds 2 baths 1,263 ft²
02/02/2008 #304 -     $925,000 Off-Market 2 beds 2 baths 1,281 ft²
02/02/2008 #401 -     $960,000 Off-Market 2 beds 2 baths 1,333 ft²
12/24/2007 #615 -     $1,050,000 Off-Market 1 bed 2.5 baths 1,285 ft²
12/24/2007 #905 -     $1,275,000 Off-Market 2 beds 2 baths 1,441 ft²
12/02/2007 #409 -     $570,000 1 bath 756 ft²
11/16/2007 #319 -     $615,000 Off-Market 1 bed 1 bath 880 ft²
11/10/2007   -     $960,000 2 beds 2 baths
10/23/2007 #222 -     $900,000 1 bed 2 baths 1,173 ft²
10/23/2007 #523 -     $660,000 1 bed 1 bath 888 ft²
10/21/2007 #204 -     $960,000 2 beds 2 baths 1,281 ft²