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416 East 50th Street

Townhouse located in Beekman/Sutton Place, between First Avenue & Beekman Place

$4,900,000 ($1,089 per ft2) | 6 beds, 5 baths | Approx. 4,500 ft2
196 days on Market

Townhouse Facts

  • Year Built: 1910
    Minimum Down: 20%
    Total Floors: 4
    Listed: May 29, 2024
    Last Price Change: ($595,000) on Nov 7
    Days on Market: 196
    Building Type: Townhouse
    Neighborhood: Beekman/Sutton Place (Manhattan)
    Listing viewed 122 times
Monthly Real Estate Taxes: $5,104
Total Taxes & Fees: $5,104 ($1.13/ft2)
Est. Monthly Mortgage: $25,477
Total Est. Monthly Carrying Cost: $30,581 ($6.80/ft2)
Note: the above is based on a down payment of 20% ($980,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Spacious Townhouse: This 20-ft wide, 4,500-sf townhouse offers ample living space across 5 stories.
  • Private Outdoor Spaces: Enjoy a large, south-facing garden and a private roof deck, perfect for relaxation and entertaining.
  • Luxury Renovations: Each unit features newly renovated kitchens and bathrooms, enhancing modern living standards.
  • Versatile Living Options: Configured as a live-with-income property, it includes three distinct units for flexible use.
  • High Ceilings and Fireplaces: Units boast high ceilings and fireplaces, adding elegance and warmth to the living spaces.
  • Potential for Conversion: With additional F.A.R. available, the property is ideal for single-family conversion or diplomatic use.

Description

by Appointment Only.

Located in the highly desirable neighborhood of Beekman Place, 416 East 50th Street is for sale as a live with income or investment property.

The property currently sits as a 20-ft wide, 4,500-sf, 5-story townhouse with 3 units, a large, south-facing garden and private roof deck.

With additional F.A.R. available, this is also perfectly positioned for a single-family conversion or foreign government use as a Consulate or Mission, which many homes on the block have done.

Unit 1: 2 Bed/2 Bath duplex features newly renovated kitchen and bathrooms, fireplace, private garden, and high ceilings in bedrooms

Unit 2: 1 Bed/1 Bath features newly renovated kitchen and bathroom, fireplace, and high ceilings

Unit 3: 3 Bed/2 Bath duplex features newly renovated kitchen and bathrooms, two fireplaces, and private roof deck

Please note the units are virtually staged. Setup available upon request.

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Building Amenities

  • Pre War
Listing courtesy of Douglas Elliman Real Estate
Off Market
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Pricing History

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Subways

  1. M
  2. 6
  3. E
at Lexington Ave and 53rd 0.34 miles

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