$4,700,000
PENDING $1M PRICE DROP

Estimated payment $30,219/month

Total Views 4,261
6 Beds
5 Baths
4,500 Sq Ft
$1,044 Price per Sq Ft

Highlights

  • 4 Fireplaces
  • Cooling System Mounted In Outer Wall Opening
  • 2-minute walk to Peter Detmold Park Dog Run
  • P.S. 59 Beekman Hill International Rated A

About This Home

Open House by Appointment Only.

Located in the highly desirable neighborhood of Beekman Place, 416 East 50th Street is for sale as a live with income or investment property.

The property currently sits as a 20-ft wide, 4,500-sf, 5-story townhouse with 3 units, a large, south-facing garden and private roof deck.

With additional F.A.R. available, this is also perfectly positioned for a single-family conversion or foreign government use as a Consulate or Mission, which many homes on the block have done.

Unit 1: 2 Bed/2 Bath duplex features newly renovated kitchen and bathrooms, fireplace, private garden, and high ceilings in bedrooms

Unit 2: 1 Bed/1 Bath features newly renovated kitchen and bathroom, fireplace, and high ceilings

Unit 3: 3 Bed/2 Bath duplex features newly renovated kitchen and bathrooms, two fireplaces, and private roof deck

Please note the units are virtually staged. Setup available upon request.

Listing Agent

Sere Conde

Douglas Elliman Real Estate License #10401343400 Listed on: 05/29/2024

Douglas Elliman Real Estate

Co-Listing Agent

Nikola Bugarin

Douglas Elliman Real Estate License #10401343399

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $61,248

Year Built

  • Built in 1910

Lot Details

  • 1,800 Sq Ft Lot
  • Lot Dimensions are 90.00x20.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4,500 Sq Ft Home
  • 4 Fireplaces

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 3 Units
  • Beekman Subdivision
  • 5-Story Property

Listing and Financial Details

  • Legal Lot and Block 0142 / 01361

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$61,248

Year Built

Built in 1910

Lot Details

1,800 Sq Ft Lot

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Beekman
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5

Interior Features

  • Interior Features: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace Features: Other
  • Fireplaces: 4
  • Fireplace: Yes
  • Living Area: 4500.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 6

Exterior Features

  • View: Other
  • View: No
  • Exterior Features: Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: Wall Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1800.0
  • Lot Size Dimensions: 90.00x20.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 5
  • Year Built: 1910

Tax Info

  • Tax Block: 01361
  • Tax Lot: 0142
  • Tax Annual: 61248.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $61,243 $317,160 $238,834 $78,326
2024 $61,243 $304,920 $234,360 $7,714
2023 $74,087 $364,800 $234,360 $130,440
2022 $73,160 $366,480 $234,360 $132,120
2021 $78,190 $393,840 $234,360 $159,480
2020 $74,150 $448,560 $234,360 $214,200
2019 $73,280 $453,780 $234,360 $219,420
2018 $68,565 $340,692 $212,851 $127,841
2017 $64,867 $321,408 $191,550 $129,858
2016 $61,955 $313,216 $200,725 $112,491
2015 $24,097 $295,488 $231,191 $64,297
2014 $24,097 $295,488 $243,066 $52,422
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2025 03/10/25 Price Changed $4,700,000 -4.1% $1,044 / Sq Ft
12/20/2024 12/20/24 Pending -- -- --
11/07/2024 11/07/24 Price Changed $4,900,000 -10.8% $1,089 / Sq Ft
11/05/2024 11/05/24 Off Market $5,495,000 -- --
10/31/2024 10/31/24 For Sale $5,495,000 0.0% $1,221 / Sq Ft
09/12/2024 09/12/24 Price Changed $5,495,000 -5.3% $1,221 / Sq Ft
05/29/2024 05/29/24 For Sale $5,800,000 +22.1% $1,289 / Sq Ft
07/07/2022 07/07/22 Sold $4,750,000 -4.0% $1,056 / Sq Ft View Prior Sale
03/30/2022 03/30/22 For Sale $4,950,000 -- $1,100 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $4,700,000 --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed $4,750,000 --
Deed $4,750,000 --
Deed -- --
Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,290,000 Purchase Money Mortgage
Previous Owner $2,450,000 Purchase Money Mortgage
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10962162

Real Estate Board of New York (REBNY)

APN: 1361-0142

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