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5-03 50th Avenue
Last updated on Apr 3, 2026

The Galaxy,
5-03 50th Avenue

The Galaxy is a 6-story post-war condominium building in Long Island City, Queens, completed in 2006. It contains 12 units and offers amenities such as in-unit washer/dryer and elevator service.

5-03 50th Avenue Location Map
Unit #
Beds
Baths
Size
Price / Ft2
Price
Listed on
Days on Market

Overview of The Galaxy at 5-03 50th Avenue

The Galaxy is a boutique condominium in the Hunters Point section of Long Island City, completed in 2006. The six-story building contains just 12 units, offering a low impact living experience compared to the area's larger new construction towers. Located at 5-03 50th Avenue, the building sits less than a block from the Vernon-Jackson Boulevard 7 train (one stop to Grand Central) and two blocks from the East River waterfront parks and ferry terminal.

Apartments at The Galaxy are distinguished by their loft like proportions, featuring soaring 11-foot ceilings and oversized windows that flood units with natural light. Common finishes include Santos Mahogany wood floors, open kitchens with stainless steel appliances, European baseboard heating with individual boilers, and in-unit washer/dryers. Units range from 847 square foot one bedrooms to a nearly 2,000 square foot three bedroom, with several apartments offering private terraces or balconies. Many one-bedroom units feature flexible layouts that can accommodate conversion to two bedrooms. The building benefits from a 421-A tax abatement and notably low common charges.

Building amenities include a 5,000 square foot rooftop deck with 360-degree views of Manhattan, Queens, and Brooklyn (particularly popular for Fourth of July fireworks viewing), an attached parking garage with spaces available for rent at $250 per month, bike storage, and a video doorman system. The pet friendly building's prime location provides easy access to the neighborhood's dining scene, including Michelin starred Casa Enrique, as well as Trader Joe's, MoMA PS1, and multiple subway lines including the E, M, and G trains.

Doorman
None
Type
Condo
Year Built
2006
Apartments
Floors
6
Neighborhood
Min Down
20%

Amenities

  • Rooftop Terrace
  • On-Site Parking
  • 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 0.34 miles

Pros & Cons

  • Boutique building with only 12 units
  • On-site parking garage with spaces available
  • Pet friendly building
  • Video doorman system
  • Bike storage available
  • Close to Michelin starred Casa Enrique
  • Access to multiple subway lines including E, M, and G trains
  • Close to Trader Joe's and MoMA PS1
  • Less than one block from Vernon Jackson Boulevard 7 train
  • One stop to Grand Central Terminal
  • Two blocks from East River waterfront parks and ferry terminal
  • 11 foot ceilings throughout units
  • Oversized windows providing abundant natural light
  • Santos Mahogany wood floors
  • In-unit washer and dryer
  • Flexible layouts convertible to two bedrooms
  • Private terraces and balconies available in select units
  • 421-A tax abatement
  • Low common charges
  • 5,000 square foot rooftop deck with 360 degree views
  • Limited inventory due to boutique building size
  • Parking spaces available by rental only at $250 per month

Sales Summary

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Pricing Comparison of Similar Buildings

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Alternate Address

  • 5 50th Avenue
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.
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