246 East 51st Street is a five-story walkup cooperative in a central Manhattan location with convenient amenities nearby. The building offers flexible financing and living options, including pied-a-terres and unlimited subletting after two years of residency. Currently, 3 apartments are for sale.
246 East 51st Street is a 1926, five story co-op with 21 apartments in Midtown East. Its small scale and classic pre-war walk up construction are paired with unusually flexible ownership policies, including subletting, gifting, parents buying for children, pied-à-terres, and financing of up to 90 percent.
Apartment layouts center on spacious two bedroom plans with separate kitchens and generous living areas. Many homes have hardwood floors, high ceilings, ample closets, and windows in the kitchens and bathrooms; renovated kitchens commonly include stainless steel appliances and stone counters. Several apartments are oriented for strong natural light, with southern or western exposures reported in the building.
The building's location places it near Greenacre Park, Peter Detmold Park, the United Nations, Grand Central Terminal, Whole Foods, and the restaurants and shops along Second and Third Avenues. The Lexington Avenue 53rd Street station serves the E and M trains, while Grand Central 42nd Street serves the 4, 5, and 6 trains.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.