420 E 51ST ST #9A

Co-op in Turtle Bay
In Contract
 for Sale at 420 East 51st Street, New York, NY 10022

11

 for Sale at 420 East 51st Street, New York, NY 10022
 for Sale at 420 East 51st Street, New York, NY 10022
 for Sale at 420 East 51st Street, New York, NY 10022
$550,000
2
Beds
2
Baths
Half Bath
Ft²
$/ft²
Acres
Cap Rate
Est. Monthly
Cap Rate
4.01%
Est. Monthly
$7,179
Leverage the most value from your purchase with this expansive two-bedroom, two-bathroom A-line layout, featuring a grand and spacious living and entertaining space. A must-see building, the co-op has "condo-like" rules and allows for subletting and flexibility with renovations. Enjoy lower closing costs and no transfer taxes. Let's discuss the benefits of buying this apartment!

Welcome home to residence 9A, a spacious and freshly renovated coveted "A" line two-bedroom, two-bathroom apartment with sunny and bright north and south exposures. Enter through an inviting entryway into an oversized living/dining/entertainment space with a fully renovated kitchen. The residence features two well-proportioned bedrooms with two renovated full bathrooms in an impeccably...

LISTING AGENTS

Erika AdesCORE Group Marketing LLC[email protected]
Iris KeltzCORE Group Marketing LLC[email protected]

Building Features

Parking

Garage Parking

Facilities

Bike RoomFitness CenterStorage AvailableLaundry Room

Outdoor Space

Roof Deck

Laundry

Washer / Dryer Allowed

Community Features

Facilities

Health Club

Home Features

HVAC

Central A/C

View

City View

Exposure

North ExposureSouth Exposure

Price History

Date/EventEventPrice
Mar 18, 2023 In contractIn contract-
Jan 17, 2023 Listed by CORE Group Marketing, LLCListed by CORE Group Marketing, LLC$550,000
Nov 16, 2022 No longer availableNo longer available-
Aug 9, 2022 Price DecreasedPrice Decreased$549,000 $46K (7.7%)
May 9, 2022 No longer availableNo longer available-
Apr 5, 2022 Price DecreasedPrice Decreased$595,000 $80K (11.9%)
Feb 10, 2022 Price DecreasedPrice Decreased$675,000 $20K (2.9%)
Feb 7, 2022 No longer availableNo longer available-
May 17, 2021 Listed by Douglas Elliman Real EstateListed by Douglas Elliman Real Estate$695,000
Mar 23, 2017 No longer availableNo longer available-
Mar 9, 2017 SoldSold$625,000
Dec 2, 2016 In contractIn contract-
Oct 3, 2016 Listed by EllimanListed by Elliman$675,000
May 13, 2005 SoldSold$950,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$75,780
ExpensesPer Year
$53,736
Operating ProfitPer Year
$22,044
Cap rate
4.01%

Price Estimate

$648,000$555,500$463,000
20232024202520262027
Current Asking Price

$550,000

HopScore Market Price

$555,500

The current asking price is $5,500 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Sold
Coop
2
2
-
$505,000
$4,156/mo
Sold
Coop
2
1
-
$570,000
$4,413/mo
Sold
Coop
2
2
-
$595,000
$4,124/mo
Sold
Coop
2
2
1,250 ft²
$380/ft²
$475,000
$3,709/mo
Sold
Coop
2
2.5
1,700 ft²
$382/ft²
$650,000
$5,673/mo

Payment Calculator


Building Info

The Morad Beekman420 East 51st Street, New York, NY 10022
  • 110 Units
  • 3 Units for Sale
More about this Building
420 East 51st Street
Want to find out who owns 420 East 51st Street, New York, NY 10022? Get detailed property transactions here .

Neighborhood

About Turtle Bay

Stats & Trends

The median asking price in Turtle Bay is $1,255,000.
  • Median Asking

    $1,255,000
  • Sale Price/ft²

    $1,590.19
  • Above Asking

    0.22%
  • Days on Market

    121

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Sales History

UnitBedsBathsft²Asking
Common Charges
Listed
Listing Status
Closed
Days on Market
Closing
Above/Below Asking
Buyer(s)
2
2.5
-
$439,000
-/mo
Mar 20, 2023
Active
-
-
-
-
2
2
-
$575,000
-/mo
Mar 13, 2023
Active
-
-
-
-
2
2
1,200
$495,000
-/mo
Mar 3, 2023
Active
-
-
-
-
2
2
-
$550,000
-/mo
Jan 17, 2023
In Contract
-
-
-
-
-
1
1
-
$285,000
-/mo
Nov 23, 2022
Active
-
-
-
-
1
1
1,000
$418,000
-/mo
Oct 12, 2022
Withdrawn
-
-
-
-
-
2
1
-
$689,000
-/mo
May 28, 2022
Sold
Oct 13, 2022
138 days
$570,000
-17.27%
-
3
3
-
$1,495,000
-/mo
May 18, 2022
Withdrawn
-
-
-
-
-
2
2.5
-
$495,000
-/mo
May 6, 2022
Expired
-
-
-
-
-
2
2
1,250
$545,000
-/mo
Mar 22, 2022
Withdrawn
-
-
-
-
-

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Unit #9A, 420 East 51st Street, New York, NY 10022


Frequently Asked Questions

What is the median home price in Midtown Manhattan?
The median home price in Midtown Manhattan is $1,650,000, or $1,710/sqft. When you buy a home in Midtown Manhattan, you can expect to pay between $815,000 to $3,495,000. These figures may differ depending on the location, type, and size of the property.
What is the median home price for a Studio in Midtown Manhattan?
The median home price for a studio in Midtown Manhattan is $535,000, or $1,248/sqft.
What is the median home price for a One-Bedroom in Midtown Manhattan?
The median home price for a one-bedroom home in Midtown Manhattan is $899,000, or $1,438/sqft.
What is the median home price for a Two-Bedroom in Midtown Manhattan?
The median home price for a two-bedroom home in Midtown Manhattan is $2,250,000, or $1,755/sqft.
What is the median home price for a Three-Bedroom in Midtown Manhattan?
The median home price for a three-bedroom home in Midtown Manhattan is $4,400,000, or $2,101/sqft.
What is the median home price for a Four+ Bedroom in Midtown Manhattan?
The median home price for a four+ bedroom home in Midtown Manhattan is $7,997,000, or $2,494/sqft.
What is the breakdown of listings by bedroom count in Midtown Manhattan?
There are currently 2,376 available properties for sale in Midtown Manhattan. Of those, 12.42% are studio listings, 31.36% are one-bedroom listings, 31.69% are two-bedroom listings, 15.78% are three-bedroom listings, and 8.75% are four+ bedroom listings.
What is the breakdown of listings by property type in Midtown Manhattan?
There are currently 1,390 condos, 4 houses, 32 townhouses, and 26 multifamilies located in Midtown Manhattan. Our inventory of available listings is constantly being updated so be sure to check back frequently.
What is the least expensive property sold in the past 12 months in Midtown Manhattan?
The least expensive property sold in Midtown Manhattan for $12,000.
Now, what is the most expensive property sold in the past 12 months in Midtown Manhattan?
The most expensive property sold in Midtown Manhattan for $64,730,000.
How long on average are properties in Midtown Manhattan on the market?
Based on our collected data, properties in Midtown Manhattan are on the market for a median time of 122 days.

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