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416 E 50TH Street #House Manhattan, NY 10022
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Key Details
Sold Price $4,750,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $1,055
Subdivision Beekman
MLS Listing ID PRCH-3757286
Sold Date 07/07/22
Style Prewar
Bedrooms 6
Full Baths 5
HOA Y/N No
Year Built 1910
Property Description
Located on a highly desirable Beekman Place, townhouse street, sits 416 East 50th Street, a vacant, twenty-foot-wide, five-story townhouse with a large south-facing garden. At approximately 4,500 square feet, this 3 unit property is currently configured as a former owner's garden duplex that features a private garden in rear and gracious ceiling heights throughout, a 3rd floor 2 bedroom apartment, and a renovated upper duplex which features a private roof deck. All units are currently vacant.
Given the ability to deliver a fully vacant townhouse, 416 East 50th Street is positioned perfectly for a single-family conversion or a foreign government's use as a Consulate or Mission as many homes on the block have done. Additionally, a live with income or income investment is seamless.
Located outside the Historic District, this property has a maximum F.A.R. of 7,200 square feet which may allow a discerning purchaser the opportunity to expand the existing footprint.
Beekman Place is a tranquil street tucked away from Manhattan's Midtown East District. Developed in the 1920s with considerable cachet, attracting prosperous families and cultural figures, such as: John D. Rockefeller III, composer Irving Berlin; landscape architect Ellen Shipman; CBS executive William S. Paley; and Peggy Guggenheim to name a few.
Location
State NY
County Newyork
Interior
Interior Features Den, Eat-in Kitchen
Fireplace No
Exterior
Exterior Feature Building Garden, Building Roof Deck, Garden
View Y/N Yes
View City
Porch Building Terrace, Terrace
Private Pool No
Building
Story 5
Others
Pets Allowed Building No, No
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RLS Data display by Coastal Property Advisors