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50-01 5th Street
Last updated on Apr 3, 2026

Prestige,
50-01 5th Street

The Prestige is a four-story residential building with 7 condominium units located in Hunters Point, Queens. Built in 2008, it offers loft-like apartments with amenities such as a virtual doorman, health club, and private storage.

50-01 5th Street Location Map

Overview of Prestige at 50-01 5th Street

The Prestige, located at 50-01 5th Street in the Hunters Point section of Queens, is a four-story residential building completed in 2008 by Joseph Palumbo. This boutique condominium features just seven units, offering a sense of intimacy and spacious loft-like living. The building is conveniently situated one block from the Vernon-Jackson station of the 7 train, providing easy access to transportation and local amenities.

Designed with a modern aesthetic, the building is clad in gray panels and features landscaped sidewalks. Each apartment boasts 10-foot ceilings and large windows that flood the spaces with natural light. Notable units include a two-bedroom apartment with an open kitchen and a penthouse that offers a unique indoor-outdoor living experience with a private terrace.

Amenities at The Prestige include a virtual doorman, a health club, and private storage options. The apartments are equipped with high-end finishes, including stainless steel appliances and custom cabinetry, making them ideal for both comfort and entertaining. The building has also been approved for a 15-year 421-A tax abatement, adding to its appeal for potential buyers.

Residents enjoy proximity to waterfront parks, restaurants, and cafes, enhancing the vibrant lifestyle that Long Island City offers. The Prestige stands out as a desirable option for those seeking modern living in a boutique setting.

Doorman
Full Time
Type
Condo
Year Built
2009
Apartments
Floors
5
Neighborhood
Min Down
20%

Amenities

  • FT Doorman
  • Post War
  • Video Intercom
  • Fitness Center
  • Virtual Doorman
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  1. 7
at 50th Ave 0.14 miles
  1. G
at Jackson Ave and 47th Ave 0.35 miles

Pros & Cons

  • Close to the East River
  • One block from Vernon Jackson subway station
  • Very few apartments
  • Virtual doorman
  • Fitness center
  • Sidewalk landscaping
  • No balconies
  • No garage
  • No concierge
  • No roof deck

CityRealty Rating

17
/44
Architecture
+
25
/36
Location
+
14
/39
Features
+
7
Editor’s Points
=
63
CITYREALTY
RATING
  • How is the CityRealty Rating calculated?

    Architecture
    • 30+ remarkable
    • 20-29 distinguished
    • 11-19 average
    • < 11 below average
    Location
    • 27+ remarkable
    • 18-26 distinguished
    • 9-17 average
    • < 9 below average
    Features
    • 22+ remarkable
    • 16-21 distinguished
    • 9-15 average
    • < 9 below average

Sales Summary

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Alternate Address

  • 5-02 50th Avenue
between Gold Street & Flatbush Avenue Extension
Downtown Brooklyn
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