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The Powerhouse, 2-17 51st Avenue - Condo in LIC NYC
The Powerhouse, 2-17 51st Avenue - Condo in LIC NYC
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2-17 51st Avenue

The Powerhouse,
2-17 51st Avenue

condo located in Long Island City, between 50th Avenue & 51st Avenue

2-17 51st Avenue Location Map
  • Apartments For Sale (1) $1,135 Avg. price/ft2
  • All Units in Building (177)
Unit #
Beds
Baths
Size
Price / Ft2
Price
Listed on
Days on Market

Overview of The Powerhouse at 2-17 51st Avenue

The Powerhouse stands as one of Long Island City's most distinctive residential conversions, transforming a 1909 Pennsylvania Railroad Power Station designed by McKim, Mead & White into luxury condominiums. The building's most striking feature comes from its industrial heritage: four massive 275 foot smokestacks were chopped off during the 2008 conversion, with their cylindrical bases ingeniously transformed into unique circular living rooms measuring 17 feet in diameter. Architect Karl Fischer and interior designer Andres Escobar masterfully preserved the red brick structure's character while adding four setback stories, creating 177 apartments including 16 duplexes.

The apartments showcase a blend of industrial charm and modern luxury, with many featuring 20 foot high ceilings, dramatic arched windows, and American walnut floors throughout. The signature circular living rooms, carved from the former smokestack bases, create truly one of a kind spaces, with some units offering substantial terraces up to 590 square feet. Standard finishes include quartzite countertops with wenge wood breakfast bars, Viking appliances, and rain showers with double sinks. Units range from flexible studios to three bedroom layouts, with the larger apartments featuring open kitchens with islands and expansive living areas up to 26 feet long.

The building's amenity package rivals Manhattan luxury developments, headlined by the Aqua Grotto spa featuring a whirlpool with waterfall, swimming pool, sauna, and steam room. Additional offerings include a state of the art fitness center, rooftop terrace with stunning Manhattan skyline views and BBQ facilities, residents' lounge with pool table and wet bar, screening room, children's playroom, and 24 hour concierge service. The location proves equally compelling, situated directly across from Gantry Plaza State Park with the East River Ferry landing steps away, and just one subway stop from Grand Central Station on the 7 train, making it one of only two waterfront condominium developments in Long Island City.

Year Built
1906
Converted: 2008
Apartments
177
Floors
11
Neighborhood
Min Down
20%
177Apartments
View All Past
Sales & Rentals
in Building

Amenities

  • Attended Lobby
  • Concierge
  • High-Rise
  • Pre War
  • Resident Storage
  • Full Service Garage
  • Garden
  • Health Club
  • Intercom
  • Rooftop Terrace
  • Video Intercom
  • Business Center
  • Party Room
  • Event Room
  • Children's Playroom
  • Lounge
  • Fitness Center
  • On-Site Parking
  • Bike Room
  • Live-In Superintendent
  • Screening Room
  • Spa / Therapy Room
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Nearby Subways

  1. 7
at 50th Ave 0.23 miles
  1. G
at Jackson Ave and 47th Ave 0.44 miles

Pros & Cons

  • Historic 1909 Pennsylvania Railroad Power Station conversion by McKim, Mead & White
  • 24/7 concierge service
  • Steps from Gantry Plaza State Park and East River Ferry
  • One subway stop to Grand Central Station on 7 train
  • Waterfront location with river views
  • In-unit washer and dryer
  • Walk-in closets in many units
  • Individual climate control systems
  • On-site parking available
  • Live-in superintendent
  • Residents lounge with pool table and wet bar
  • Unique 17 foot diameter circular living rooms from former smokestack bases
  • Screening room and children's playroom
  • Cold storage and bicycle storage
  • Business center available
  • High ceilings up to 20 feet in select units
  • American walnut hardwood floors throughout
  • Large private terraces up to 590 square feet
  • Dramatic oversized arched windows
  • Premium finishes with quartzite countertops and Viking appliances
  • Aqua Grotto spa with whirlpool, sauna, and steam room
  • State of the art fitness center
  • Rooftop terrace with Manhattan skyline views and BBQ facilities
  • Removed iconic smokestacks as part of conversion
  • Design may not age well

Sales History by Apartment Size

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Pricing Comparison of Similar Buildings

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520 Fifth Avenue
at the northwest corner of West 43rd Street
Midtown West
Iconic river-to-river views include the Empire State Building and Central Park. Elevated condos with magnificent arched windows, triple exposures, and soaring ceilings | Occupancy 2026.
Learn More