The Beekman was built in 1927 by renowned architect George F. Pelham. It is Italian Renaissance styled, symbolizing an elegant worldly lifestyle. Pied a terres, foreign buyers, trust and LLC ownership are permitted. Subleasing is also allowed. No pets please. This is a prestigious white glove building with 24 hour concierge, doorman and porters. Amenities included in the monthly maintenance are a fitness center, a meeting room, shared laundry room, bicycle storage, on-site comprehensive building management with a live-in resident manager, engineering and maintenance staff. Plus 5 days per week European style housekeeping, and window washing upon request. All monthly utilities included as well.
Located at 63rd Street and Park Avenue, Central Park is only two blocks away. You are just a few blocks from Bergdorf Goodman, as well as fine dining around the corner at Cafe Boulud.
BTW - The land lease on The Beekman has been renewed with an agreement on file for a 101 -year lease extension. The debt service (5 owners paid $2.5M to move forward with the new land lease), payable per month over 8 years will be $197. There is a 4% flip tax paid by the purchaser, and the building allows 50% financing.
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Exuding a cosmopolitan, refined air that is reminiscent of Paris or other European cities, the Upper East Side (the UES, to local cognoscenti) has a reputation as being a bastion of wealth and privilege. Even though it was built by American “royalty” families like the Vanderbilts, Roosevelts, Kennedys, Carnegies and Rockefellers, whose elaborate mansions once anchored Fifth Avenue, there are affordable housing options throughout the neighborhood. The further east you move, away from Central Park and the more commercial avenues, the more likely you are to find quiet, tree-lined streets with historic townhouses and brownstones. Keep your eye out for reasonably priced apartments in pre-war low-rise and even a few high-rise buildings.
With abundant, beautifully landscaped green spaces, including the oasis of Central Park acting like a backyard, the area is quiet and lushly green. You can relax and unwind in John Jay Park, Carl Schurz Park or take a stroll along the East River Promenade. The whole neighborhood seems isolated from the workaday chaos of the city at large. Add to that the history of the neighborhood and the abundance of cultural institutions, and you have a uniquely welcoming neighborhood.
Known for its abundance of high-end retail shopping, especially on Madison Avenue, the Upper East Side is host to the Barneys New York flagship department store. Here you can find upscale goods, fashion and home decor items. You will also find the edgy runway-inspired Alexander McQueen collections. If you are dying to treat your feet to red-soled opulence, be sure to visit the Christian Louboutin boutique. These are only a small sampling of this high-end shopper’s paradise that features everything from designer boutiques that offer the ultimate in haute couture to resale shops where you can find last season’s best on sale at hefty discounts .
There are many unique dining experiences, from fine dining to the casual bite-on-the-go, awaiting you in the UES. Sushi is going through a renaissance in the city, and the best omakase-style sushi can be found at Sasabune on E 73rd Street. Omakase sushi means that you leave the choice of ingredients, preparation method and presentation to the chef. Elegant French cuisine can be experienced at JoJo, E 64th Street, housed in gorgeous townhouse. Just for fun, visit the Lexington Candy Shop on Lexington Avenue, to get a taste of an old-fashioned soda fountain.
According to New York City records, the median price for an apartment in Manhattan for the month of September 2023 was $1,087,000. The price represents a decrease of 5.5% from the median price of $1,150,000 recorded in September 2022. The number of apartment sales fell from 1,170 to 821 reflecting a year-over-year decrease of 30%. ...
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