$395,000
Updated 8 years ago
Off Market

The Morad Beekman

420 East 51st Street, 2-J

Beekman Place, Manhattan | First Ave & Beekman Place

3.5 Rooms1 Bed1.5 BathsCo-op [Land-Lease]

$395,000
Maintenance$3,258

Listing Features

  • Abundant Closets
  • Carpeted Living Rm
  • Corner Apartment
  • Dining Alcove
  • Entry Foyer
  • Home Office
  • Moldings
  • New Windows
  • Adjoining Pantry
  • Dishwasher
  • Galley
  • Microwave
  • Walk Thru Kitchen
  • En Suite Bathroom
  • Oversized Tub
  • Powder Room

Outdoor space and views

  • Treeline Views
  • East Exposure
  • North Exposure

Building Amenities

  • Full-Time Doorman
  • Bike Storage
  • Elevator
  • Fitness Facility
  • Garage
  • Laundry Room
  • Renovated Lobby
  • Roof Deck
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 420 East 51st Street, 2-J

Don't miss this elegant Beekman spacious Junior 4 with one full and one half-bath. Its flexible layout offers many options: a one bedroom with an expansive living room and separate dining area, a one bedroom with home office, a two bedroom, etc. As currently configured, you enter into a graciously-sized foyer with a wall of closets to your left and a huge closet/pantry to your right, offering additional storage space. You will never lack for storage because the sprawling master bedroom has many closets as well. So, drop off your keys in the foyer and kick off your shoes; it's time to relax and unwind when you arrive home.The Morad Beekman is a full-service building featuring full time doorman, resident super, planted roof deck with lovely views of the river, attended garage with priority spaces and reduced monthly rates for tenants, bike rack, storage and building laundry facility. Washer/dryers are permitted in the apartments with Board approval. Pets, pied-a terres, guarantors and co-purchasing subject to Board approval on a case by case basis. The maintenance includes central air and heating. Enjoy the exclusive Beekman Place enclave within the Turtle Bay Community one block from the UN and Peter Detmold Park overlooking the East River promenade. For food shopping take advantage of the 57th Street Whole Foods Market. You will be just a short stroll from major subway hubs and bus lines. You will have easy access to all that Midtown, the Upper East Side and Downtown have to offer. This is a land lease building, which expires in 2070. COMPARE: The average similarly sized apartment in the area asks $706,800 with a $2,063 maintenance. For comparison purposes assume a 30 year fixed mortgage with a 4.5% interest rate which puts the monthly out of pocket cost at $4,748.94. For this wonderful home pay just $4,637 per month using the same financing criteria with this discounted asking price. The added plus is that Apt. 2J has the powder room; the comparables do not. There is no flip tax either; an additional plus. There is a current assessment of $330.23 monthly in effect until April of 2020.

Listing History for 420 East 51st Street, 2-J

Now
02/06/2019
POM by Frances Lucy
Brown Harris Stevens Residential Sales LLC
2019

Building Details for 420 East 51st Street

OwnershipCo-op [Land-Lease]
Building TypeMid-Rise
Service LevelFull-Time Doorman
AgePost-War
AccessElevator
Year Built1962
Financing Allowed80%
Floors/Apts15/110
Learn More About the Building

Transit and Citi Bike

Subway

Lexington Av/53 St
0.31 miles
51 St
0.41 miles

Citi Bike

E 51 St & 1 Ave
0.05 miles
E 51 St & 2 Ave
0.15 miles

Contact Agent

Contact Agent

Frances Lucy
Brown Harris Stevens

Beekman Place | Manhattan

Quick Profile

Beekman Place is less of a neighborhood than it is a quiet two-block enclave just north of the United Nations on the far eastern edge of Turtle Bay. There is only one street that runs through the neighborhood, also called Beekman Place, that wraps itself around 49th Street and 51st Street.  

This bucolic little stretch of the east side has always been a cherished spot for those fortunate enough to have found refuge here. The noise and the street traffic from the city surrounds is virtually non-existent as there are no through streets in this neighborhood.  

The neighborhood composition largely consists of a few clusters of townhouses and prewar co-ops. The exception to the rule is the charming art-deco-styled Beekman Place Hotel at the corner of First Avenue and 49th Street and the two post-war towers, 860 and 870 UN Plaza that front the grounds of the United Nations.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 95768