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2-40 51st Avenue
Last updated on Jan 31, 2026

The Foundry,
2-40 51st Avenue

The Foundry is a 4-story residential condominium development in Long Island City, completed in 2009 with 57 apartments. The building features high ceilings, a doorman, a roof deck, and a landscaped courtyard, and is located less than a block from the East River. Currently, 1 apartment is for sale.

2-40 51st Avenue Location Map
Unit #
Beds
Baths
Size
Price / Ft2
Price
Listed on
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Overview of The Foundry at 2-40 51st Avenue

The Foundry, completed in 2009, is a 4-story residential condominium located at 2-40 51st Avenue in Long Island City. Developed by Eckstein Development and designed by Leonard Fusco of GF55 architects, the building houses 57 units and features a two-toned modulated façade with an entrance marquee and sidewalk landscaping.

The building offers a mix of layouts including one-bedrooms, duplexes, and unique triplex configurations. Units feature high ceilings, floor-to-ceiling windows, walk-in closets, in-unit washers and dryers, and kitchens equipped with stainless steel appliances and wooden cabinetry. Many apartments include private outdoor spaces in the form of balconies or terraces.

Residents enjoy a comprehensive amenity package including doorman service (part-time, Monday-Saturday 10-6), virtual doorman during off-hours, a fitness center, package room, and bike storage. The building's standout features include a 6,000-square-foot landscaped central courtyard and a common roof deck.

Situated just one block from the East River waterfront and Gantry Plaza State Park, The Foundry offers convenient access to multiple transportation options. The Vernon-Jackson 7 train station is one block away, providing a single stop to Grand Central Terminal. The location provides easy access to the East River Ferry, waterfront parks, restaurants, and cultural attractions like MoMA PS1.

Doorman
Full Time
Type
Condo
Year Built
2009
Apartments
Floors
4
Neighborhood
Min Down
20%

Amenities

  • Attended Lobby
  • FT Doorman
  • Post War
  • Health Club
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Fitness Center
  • Courtyard
  • Bike Room
  • Virtual Doorman
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  1. 7
at 50th Ave 0.19 miles
  1. G
at Jackson Ave and 47th Ave 0.41 miles

Pros & Cons

  • Prime location - 1 block to waterfront/parks, 1 stop to Grand Central on 7 train
  • Generous outdoor spaces - 6,000 sq ft courtyard and roof deck
  • High-end unit features: floor-to-ceiling windows, high ceilings, in-unit W/D
  • Many units feature private outdoor spaces (balconies/terraces)
  • Security coverage with part-time doorman and virtual doorman system
  • Limited doorman hours (Mon-Sat 10-6 only)
  • 4-story low-rise building may not appeal to all buyers
  • Fewer amenities compared to newer luxury developments

Sales Summary

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Sales History by Apartment Size

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