$650,000
Updated 5 years ago
Sold

The Morad Beekman

420 East 51st Street, PH-B

Beekman Place, Manhattan | First Ave & Beekman Place

5.5 Rooms2 Beds2.5 Baths1,700 Square FeetCo-op [Land-Lease]

$650,000
Maintenance$5,673
Price Per SF
$382

This property was sold for $650,000 on 06/23/21.

Listing Features

  • Abundant Closets
  • Corner Apartment
  • High Ceilings [9']
  • Penthouse/Top Flr
  • Walk-in Closet
  • Dishwasher
  • Galley
  • Microwave
  • Walk Thru Kitchen
  • Windowed Kitchen
  • En Suite Bathroom
  • Powder Room
  • Stall Shower

Outdoor space and views

  • Wrap Terrace
  • City Views
  • East Exposure
  • South Exposure
  • West 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, PH-B

If you can imagine a sprawling Hollywood Hills bungalow with tall ceilings, wide-open rooms, panoramic views of the city from a wraparound terrace where with every room is bathed in Southern light, then you can picture Penthouse B at The Morad. Nestled in the enclave of Beekman Place, this 2 bdrm 2.5 bath Co-op penthouse has 1700 square feet of interior space and 660 square feet of terrace just waiting for your renovation touches. This co-op offers great value, *seller concession at closing and generous board policies that allows for subletting, pieds-à-terre, permits pets, and co-purchasing. [*Advertised maintenance of $5673 reflects a two year maintenance rebate of $2000 per month for the next 24 months from the seller at closing. Actual maintenance is $7673] The building also offers free 5G wifi and discounted cable packages and garage parking for shareholders. The penthouses at 420 E 51 rarely come to market and this is an exceptional one. Financials available. Land Lease expires in 2070. Make an appointment to see this today. Make an appointment to see this today.

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

Domingo Perez Jr.
Coldwell Banker Warburg

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: 1852565