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Executive Plaza, 150 West 51st Street

between Avenue of the Americas & Seventh Avenue   |    Midtown West

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Key Details

  • Condo
  • Built in 1926
  • 448 Apartments
  • 22 Floors
  • Size From # avail
  • Studios $675,000 1
  • 1 Bed $785,000 4
  • 2 Beds $1,095,000 1
  • 3 Beds $2,100,000 1
  • Last updated Oct 23, 2017
  • View apartments for sale
$1,662 Avg. Price / Ft2
$82 Avg. Price / Ft2
Show Furnished Info Hide Furnished Info
  • Size Avg. Price # Sold
  • STUDIO $720,000 1
  • 1 BED $758,143 7
  • 3 BEDS $1,600,000 1
  • Avg. Price based on 9 closings during past 12 months Last updated Oct 23, 2017
  • View all recent sales
$1,458 Avg. Price / Ft2

Overview

69

Executive Plaza, 150 West 51st Street has received a CityRealty Rating of 69, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

24
Out of 44
+
25
Out of 36
+
12
Out of 39
+
8
=
69
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Distinguished 6 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
Well Done 1 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 10 blocks 5 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
More than 5 Short Blocks 0 out of 2 points
Distance To Park:
More than 6 Short Blocks 0 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
More than 15 0 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
Yes 1 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points
  • #46 Rated condo - Midtown West
How was this building rated?

This large pre-war building at 150 West 51st Street, which occupies the entire east blockfront on Seventh Avenue between 50th and 51st Streets that was formerly the Taft Hotel, was divided into two sections with their own adjacent street entrances. 

The 22-story complex was erected in 1926. 

It was converted in 1986 into 448 condominium residences, 270 hotel rooms and about 35,000 square feet of retail space and 20,000 square feet of office space by Taft Partnners Development Group, a venture of Steven Goodstein of the Goodstein Construction company, Hank Sopher of J. I. Sopher & Company and Arthur Cohen, chairman of Arlem Realty and Development Corporation. 

Wechsler-Grasso-Menziuso was the architect for the conversions. 

Executive Plaza is the residential condominium and occupies the mid-block section of the develpoment. It contains 443 apartments. The Michelangelo Hotel, which occupies the second through the sixth floors, is along the avenue and is the other section. 

The property had gone through several ownership changes prior to the renaissance of Times Square in the mid-1990's and even the construction of the huge and very impressive Equitable Center, known for a while as the Axa Center and now as 787 Seventh Avenue, directly across 51st Street did little to improve the property's economics. 

The revival of the Times Square area, helped in no small part at the northern end by the commitment of the Equitable Life Assurance Society of the United States to erect a major new headquarters on Seventh Avenue with a significant amount of public art, however, changed this property's fortunes. Equitable subsequently moved out of the building to a nearby location in an existing tower on the Avenue of the Americas and changed its name to AXA. 

A new gray polished granite three-story base was part of the rehabilitation and the Michelangelo Hotel, which has a very impressive and large lobby at 152 West 51st Street, closer to the Seventh Av...

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Apts For sale AT 150 West 51st Street (7)

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Apts For rent AT 150 West 51st Street (13)

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Nearby Subway Stations

  1. 1
at Broadway 0.07 miles
  1. B
  2. D
  3. E
at Broadway and 53rd 0.11 miles
  1. N
  2. Q
  3. R
at 7th Ave 0.13 miles
  1. C
at 8th Ave and 51st 0.19 miles
  1. M
  2. F
at 6th Ave and 51st 0.20 miles
  1. 2
  2. 3
  3. A
  4. 7
at Broadway and 43rd 0.42 miles
  1. S
at 8th Ave and 44th 0.47 miles

Carter Horsley's Review

Executive Plaza, 150 West 51st Street Carter Horsley's Building Review
"This large pre-war building at 150 West 51st Street, which occupies the entire east blockfront on Seventh Avenue between 50th and 51st Streets that was formerly the Taft Hotel, was divided into two sections with their own adjacent street entrances. " Read Carter's Full Review

The pros & cons

Pros
  • Across 51st Street from the AXA Center
  • Concierge
  • Doorman
  • Close to Subway
  • Elegant pink granite base
  • Health club
  • Close to Times Square and Rockefeller Center
  • Same building contains the Michelangelo Hotel
Cons
  • Heavy traffic
  • Many theater-goers
  • Many tourists
  • Many apartments
  • No sundeck
{ "key" : "AIzaSyAK5Tf6y5n2GnJE6QpQIZjqIZRp9AaL1tw", "lat": 40.7614321, "lng": -73.9825389, "marker": { "icon": "https://img3.cityrealty.com/neo/i/w/amenities/base.png" } }

Pricing Comparison of Similar Buildings

View Detailed Comparison

Executive Plaza, 150 West 51st Street - 10 year Sales History

View Full Sales History
 

Executive Plaza, 150 West 51st Street 12 Month Sales Summary

View By Apartment Sizes
Past 12 Months
$1,458
AVG Price / ft2, based on 9 Sales
 

Loading Recent Closings Table

Executive Plaza, 150 West 51st Street Alternate Address

  • 150 West 50th Street

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In the Neighborhood: What’s Available & Sales Stats

Not enough data available to generate chart.
  • 649 Available for Sale
  • $2,242 Avg. Price / Ft2
  • $3,974,032 Avg. Price
  • $1,950,000 Median Price
  1. Most Expensive Atelier Apt 45FL | $85,000,000
    Price / ft2 $8,500
  2. Least Expensive The Coronet Apt 5HH | $419,000
    Price / ft2 $1,397
Not enough data available to generate chart.
  • 421 Available for Rent
  • $77 Avg. Price / Ft2
  • $6,648 Avg. Price
  • $5,200 Median Price
  1. Most Expensive The Plaza Apt 509 | $85,000
    Price / ft2 $237
  2. Least Expensive Trump Parc Apt 9D | $2,200
Data is based on sales from past 12 months and only transactions for which we have approximate square footage information available are included above
Not enough data available to generate chart.
  • 587 Total Sales
  • $1,773 Avg. Price / Ft2
  • $2,095,503 Avg. Price
  • $1,388,000 Median Price
  1. Most Expensive One57 Apt 83 | $45,824,750
    Price / ft2 $7,344
  2. Least Expensive Southmoor House Apt 6A | $430,950
    Price / ft2 $862

Similar Buildings

 
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Executive Plaza?
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