420 East 51ST Street #5D, New York City, NY 10022
Listing Courtesy of Corcoran Group
$550,000
Potential Rebate: $8,250
Overview
Welcome to 420 Beekman Hill, a full service boutique co-op located in the prestigious Beekman neighborhood.<br> <br> This generously proportioned, 2 bedroom, 2 bathroom home with Southern exposure, offers a highly functional layout with an abundance of storage space throughout. <br> <br> Apartment 5D is in mint condition, features bright southern exposures with serene views overlooking historic Beekman townhomes and is located on a beautifully situated, quiet, cul-de-sac street. <br> The entry foyer leads you to the bright, airy, sun-filled living / dining area that seamlessly creates the perfect ambiance for gracious entertaining and comfortable relaxation. The windowed kitchen features granite counter tops, tiled floors and stainless steel appliances. The primary bedroom can easily accommodate a king sized bed and includes built-in closets and a private en-suite bath. The second bedroom can serve as a guest room, nursery or home office.<br> <br> Located between Beekman Place and 1st Avenue, with direct access to Peter Detmold Park and the East River Esplanade. Also nearby is UN Plaza, FDR drive and local Midtown shops, stores and restaurants. You'll also enjoy the easy access to numerous bus and subway lines. <br> <br> 420 Beekman Hill is a well maintained Cooperative built in 1962, comprising of 108 units and 14 floors. The many amenities include a beautifully landscaped roof deck with sweeping city and river views, 24 hour doorman, refrigerated grocery storage, renovated laundry room, newly installed hi-speed fiber optic internet and a full gym. The building is pet friendly, with a pet wash room in the basement. Parking garage with direct building access and storage units for rent.<br> <br> The double-height lobby with marble flooring was impeccably restored in 2020; plus the building's hallways, carpeting and lighting were completely renovated and updated in 2021.<br> <br> Co purchasing and Pied-à-terre allowed. Subletting permitted after two years of occupancy. <br> <br> Land-lease expires in 2070.<br> Apartment is tenant occupied until August 2025.
Home Features
- •Building In Basement
- •Building Courtyard
- •Building Roof Deck
- •Washer Dryer Allowed
- •City Lights
- •City
Estimated Monthly Payment
$7,123 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$8,250
Monthly savings impact
$23/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS11029626
Price Analysis
Compare average listing prices and value metrics for Beekman Hill against the surrounding Beekman market.
Average List Price
Price Per SqFt
52.35% Lower
than the Beekman price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Beekman
Overview of Beekman
Beekman is an exclusive enclave on the East Side, often associated with the majestic Beekman Place. For buyers seeking Beekman Manhattan real estate, it offers old-world glamour and river views.
Living in Beekman is private. It is a cul-de-sac community in the middle of the city. As a Manhattan NYC neighborhood, it serves the elite.
Real Estate & Housing Market
The market for homes for sale in Beekman features pre-war co-ops and townhouses.
Lifestyle & Community
The lifestyle in Beekman is quiet and diplomatic, given its proximity to the UN.
Transportation & Accessibility
Beekman is somewhat secluded but walkable to Midtown.
Parks, Schools & Amenities
Peter Detmold Park offers a dog run and river access.
Amenities: Fine dining on First Avenue is steps away.
Who This Neighborhood Is Best For
Beekman is best for those seeking privacy and prestige.
