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50-07 5th Street
New Development
Last updated on Dec 17, 2025

The Alchemy,
50-07 5th Street

Boutique 17-unit condominium in Hunters Point, steps from Gantry Plaza State Park and Vernon Boulevard's dining scene. Luxury residences feature private outdoor spaces, floor-to-ceiling windows, Italian kitchens, and curated amenities including rooftop terrace.

50-07 5th Street Location Map

Overview of The Alchemy at 50-07 5th Street

The Alchemy at 50-07 5th Street is a boutique 17-unit condominium in Long Island City’s charming Hunters Point neighborhood. Surrounded by tranquil, tree-lined streets and historic brownstones, the building is just two blocks from the waterfront and Gantry Plaza State Park, and one block from the lively Vernon Boulevard with its array of restaurants, bars, and lounges. This peaceful enclave offers the perfect balance of urban convenience and residential serenity.

The residences range from one to two bedrooms, including coveted ground-floor duplexes with private backyards and parking. Each apartment boasts private balconies or rooftop spaces, while penthouses feature expansive terraces with stunning views. Interiors are bathed in natural light through floor-to-ceiling Cortizo windows and feature soaring 10’ ceilings, 7” wide plank oak floors, and recessed lighting. Kitchens are designed for functionality and style with Italian Miton Cucine cabinetry, Bosch or Blomberg appliances, and gas ranges. Spa-like bathrooms include radiant heated floors, Grohe shower systems, and Toto fixtures.

Amenities are thoughtfully curated for modern living. Residents enjoy an outdoor terrace with a lounge and barbecue area, a fully equipped fitness center, bike storage, and advanced security features like a Butterfly MX entry system and fingerprint smart locks. Select units include private rooftop spaces, perfect for unwinding or entertaining.

The Alchemy is ideally located near Hunters Point’s waterfront parks, including the 11-acre Hunters Point South Park, a hub of recreation and sustainable urban design. Residents are steps from playgrounds, running paths, and panoramic Manhattan skyline views. Transportation is a breeze with nearby access to the 7 subway line, Long Island Rail Road, and the Hunter’s Point South ferry.

Doorman
None
Type
Condo
Year Built
2023
Apartments
Floors
6
Pets: Allowed
Neighborhood
Min Down
20%

Amenities

  • Resident Storage
  • Central AC
  • Elevator
  • Lounge
  • Fitness Center
  • On-Site Parking
  • Outdoor Entertainment Space
  • Laundry Room
  • In-Unit Washer/Dryer
  • Bike Room
  • Terraces / Balconies
  • 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

Pricing Comparison of Similar Buildings

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Editorial Coverage

Alternate Addresses

  • 50-07 5 Street
  • 50-07 Fifth Street
  • 5007 5 Street
  • 5007 5th Street
  • 5007 Fifth Street
  • Alchemy
1 Park Row
at at the northeast
Financial District
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