Property Description for 425 East 50th Street, 5
425 East 50th Street, built in 1930, is located in Beekman Place, one of Manhattan's smallest and most exclusive enclaves. Seven residents occupy this extraordinary, fully residential building.
Apartment #5, with approximately 1,075sf of interior space, is a one-bedroom duplex with a wood-burning fireplace and a terrace large enough to accommodate outdoor dining.
The apartment is divided into three rooms--all of unusually generous proportion for a townhouse property. Facing north into a courtyard, the apartment has the feel of a quiet sanctuary; its layout on two floors gives residents a pleasant sense of spaciousness. The light is excellent.
A generous entry hall gives onto a roughly 17' x 18' living/dining room with fireplace, a wall of north-facing windows, and French doors leading to a 18.7 x 7'private terrace. The view is of mature neighboring trees, and the sounds of the city are diminished to the point one forgets them.
The full-sized, square kitchen allows the option to create seating for casual suppers. Generous counter and cabinet space plus deep closet/pantry storage provides room for the creative chef.
The well-proportioned, well-placed staircase leads to a master bedroom that easily accommodates an oversized couch as well as a king-size bed. Three closets along the east wall have substantial, easily accessible hanging space as well as good drawer and shelf space.
Light filters into the large bathroom/dressing room through a wall of classic glass bricks. Italian marble vanity, counter-top, and floor tile define the look. The adjoining walk-in closet makes this a very efficient dressing room.
425 East 50th Street, Located on a fully residential, tree-lined street with no through traffic, is a self-managed building with no outstanding mortgage. Pied-a-terre allowed. Pets require board approval. 2.5% flip tax to be paid by purchaser.
