$8 MILLION TOWNHOUSE UP FOR SALE IN HUNTERS POINT

Fit for a king! Or Queen ..or Queens

Fit for a king! Or Queen ..or Queens

An eight million dollar townhouse is up for sale on 51st Avenue in Hunters Point.  Though currently configured as a multi-family home, with a total of six bedrooms, six bathrooms, and 4,875 square feet, it could easily be combined into a single home.  If so, it would crush any previous single family sale price in LIC, or Queens for that matter.

Built in 1931, it is currently owned by the son of Dorothy Damato.  He was born and raised in the townhouse, and currently lives there with his wife.  Now that his his kids are all grown up, it is time to sell.  In addition, they feel that LIC has become more like Manhattan and lost the flavor of the good old days and charms that they know.  Yeah, I hear that, but one man’s loss…  The good news is that at $1,600 a square foot you’ll also receive Manhattan pricing!

Despite the old school provenance, the house has been fully renovated for the 21st century (see the fabulous pics in listing below), and is in move-in shape.  In addition, it has a lovely backyard garden.  The broker on the listing is Kay Moon at Bond New York, and she can provide you with all the projected financials were you to decide to make this an investment property, or a hybrid live/investment one.

So step up to the plate and pay the full listing price.  You’ll be one block from a one-stop train ride to Manhattan, and most importantly you’ll be the newest King of Queens!

5-46 51st Avenue Listingin addition to pics, once you get up to $8 mil you get a video too

51st Avenue Street Viewsee who all your new neighbors will be

33-Story Tower Coming to Purves Streetacross the street from Arris Lofts, 270 units, higher caliber than typical construction, condos?

Il Mulino Alums Open High End Italian Restaurant in LICthe aforementioned Il Falco on 44th Drive

Free Movie Tour at Kaufman Studios September 21 - best of all, they’ll be giving out that VIP movie trailer grub

Ravel Hotel Suing Revel Hotelin what might be the lamest lawsuit ever

12 thoughts on “$8 MILLION TOWNHOUSE UP FOR SALE IN HUNTERS POINT

  1. […] LIC Talk notes that the current owner was born and raised in the townhouse. The blog says that the owner and his wife “feel that LIC has become more like Manhattan and lost the flavor of the good old days and charms that they know.” But if this pad sells for $8,000,000, they’ll be able to move to Manhattan anyway! […]

  2. Anonymous Bosch says:

    There goeth the neighborhood, and cometh Manhattan East

  3. Anonymous says:

    Oh the hypocrisy. If they hate the new neighborhood so much, they should put their mouth where their money is and sell the place for the $500,000 they would have gotten years ago before the development started

  4. JMGing says:

    I think if I spend $8 million on a home it shouldn’t have window units for AC! And rooms so narrow that you need to put chests of drawers in bay windows. And tacky blue kitchens. And outdoor space that is overlooked by dozens of balconies. And no view. Spend a fraction of that and get something nice and new on the water.

  5. Anonymous says:

    “Oh the hypocrisy. If they hate the new neighborhood so much, they should put their mouth where their money is and sell the place for the $500,000 they would have gotten years ago before the development started”

    Wow that is a dumb comment.

    • Anonymous says:

      NO it isn’t. It’s indicitive of most of the hypocrite old-timers in the neighborhood. They complain, complain, complain about “how it used to be,” and then sell for inflated bubble prices. Maybe they should sell first instead of complain. good riddence.

      • Good for them says:

        I doubt any of the oldtimers would have complained so much if LIC maintained a semblance of a soul and didn’t have people like you living in it. Your nasty comments just prove their point. Good for the owners. I hope they bleed some overseas yuppie dry and get their $8 million. Their proverbial laughing all the way to the bank would be divine retribution for many of us who have had to endure the insufferable POSs these past several years.

  6. Anonymous says:

    It’s just not worth the money based on any valuation. I wish it was. My 10,000sf townhouse would be worth even more then!!

  7. Anonymous says:

    I wouldn’t be too surprised if it did sell at that price. There is a scarcity of single-family homes like that in the neighborhood. Maybe some buyer with really deep pockets will pay just to have a spacious home in the neighborhood.

  8. Jim says:

    Psh, I don’t blame them.
    For that kind of scratch, they could pick up and buy a small home overlooking the ocean on a Greek island, kick their feet up and sip retsina and munch on kalamari for the rest of their days.

  9. […] the highest priced “home”1 ever offered in Long Island City, or Queens for that matter, listed exactly two years ago at $8 million, has gone through three sets of brokers and can be had today for $4.65 million.  In a similar […]

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