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Updated Residential Income Property

420 E 51ST Street 5J, Manhattan, NY 10022

For Sale
$620,000

Two-bedroom residence with convertible three-bedroom layout, two baths, custom cabinetry, and updated kitchen and bathrooms.

Property SizeContact for details
Days on Market162

Property Features for 420 E 51ST Street 5J

General Information

Standard status Active
Property subtype Apartment

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Additional Details

Public Transit Yes

Amenities

24-hour doorman
resident building manager
roof deck
fitness center
outdoor patio
attached garage

Building Details

Year Built 1962
Listing Agency: Douglas Elliman Real Estate
Listed By: Ellen L Flynn · License NY #10401208614
Source: Bondnyre
Added: Jun 1 Changed: Nov 5 Last Checked: Nov 8 at 4:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate

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Investment Insights

Based on property information with market context.

This updated post-war cooperative residence at 420 East 51st Street, Unit 5J, offers a two-bedroom layout convertible to three bedrooms and includes two baths. East- and North-facing windows bring natural light into the graciously proportioned rooms. The home features high-end finishes, custom cabinetry, stainless steel appliances, granite countertops, and a marble backsplash. The primary bathroom includes beautifully tiled walls and a large stall shower.

Beekman Hill is a full-service cooperative with a 24-hour doorman and resident building manager. Building amenities include a panoramic planted roof deck with city and river views, a fitness center, outdoor patio, and attached garage with guaranteed space for residents. Pets and pied-a-terres are permitted, while guarantors and co-purchasing are allowed with board approval. The building is a landlease property with the lease expiring in 2070.

Key Highlights

  • Two‑bedroom residence convertible to three bedrooms with 2 baths
  • Updated kitchen with stainless steel appliances, granite countertops, and marble backsplash
  • High‑end finishes and custom cabinetry throughout

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

25,415
Businesses Nearby

Demographics for 10022, NY

36,708
Population
25,686
Households
1.4
Avg Household Size
45
Median Age
84%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
91,770
Density / Sq Mi
$171,038
Median Household Income
$119,657
Median Earnings
$2,928
Median Rent
$1,116,700
Median Home Value
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Market

Average Price Trend$/SF for Residential income properties in Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Two-bedroom residence with convertible three-bedroom layout, two baths, custom cabinetry, and updated kitchen and bathrooms.
Where is this residential income property located?
The property is located at 420 E 51ST Street 5J Manhattan, NY.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: Two‑bedroom residence convertible to three bedrooms with 2 baths; Updated kitchen with stainless steel appliances, granite countertops, and marble backsplash; High‑end finishes and custom cabinetry throughout
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