50-07 5Th St

Completed in 2023, The Alchemy is a low-rise, six-story condominium of 17 residences located in Hunters Point, Long Island City. The building presents a contemporary interpretation of the neighborhood’s industrial past, sitting amid tree-lined streets and historic brownstones two blocks from the East River waterfront. Interiors prioritize light and proportion: homes feature 10-foot ceilings, floor-to-ceiling Cortizo windows, 7” wide-plank oak flooring, recessed lighting, and in-unit washers and dryers. Kitchens are fitted with Italian Miton Cucine cabinetry, integrated paneled appliances and gas ranges; bathrooms employ imported Spanish and Italian tile, Grohe fixtures and radiant heated floors. Unit mix concentrates on one-bedroom layouts, with select ground-floor duplexes offering private backyards and parking, and some upper units including private rooftop spaces or balconies. Shared facilities are modest and resident-focused, including a furnished roof deck with barbecue and lounge, a fitness room, building storage and bicycle storage. Access and security are modernized with a ButterflyMX entry system and fingerprint smart locks. The building’s scale, contemporary finishes, and proximity to Gantry Plaza State Park, Hunters Point South Park, the 7 train, LIRR and ferry create a quiet, well-connected urban enclave suitable for buyers seeking a boutique condominium experience.