Manhattan, NY 10019,150 W 51ST Street #151
Manhattan, NY 10019,150 W 51ST Street #151
Manhattan, NY 10019,150 W 51ST Street #151
7
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$895,000
Est. payment /mo
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2 Beds
1 Bath
Active

150 W 51ST Street #151 Manhattan, NY 10019

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Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Subdivision Midtown

MLS Listing ID RLS20056841

Bedrooms 2

HOA Fees $601/mo

HOA Y/N Yes

Year Built 1926

Property Sub-Type Condo

Property Description

  Exceptional 5.56% Cap Rate Opportunity - Short-Term Rentals Permitted! A rare find in the heart of Midtown Manhattan, this apartment offers both end users and investors a strong 5.56% cap rate with the flexibility of short-term leasing, as the building uniquely allows minimum one-month rental terms. This exceptional structure opens the door to premium pricing potential in one of the most in-demand short-term rental markets in the country. The spacious two-bedroom, one-bathroom residence features a galley kitchen with stainless steel appliances, granite countertops, and rich wood cabinetry, complemented by wide plank flooring throughout and generous closet space. Building amenities include a recently renovated lobby with 24-hour concierge, fitness center, laundry room, valet dry cleaning, and a rooftop deck with sweeping city views. Perfectly positioned between Times Square and Central Park/Columbus Circle, the building offers unbeatable access to Rockefeller Center, world-class dining, entertainment, and major subway lines (1, N, Q, R, F, B, D, E) with convenient bus service nearby - making it the ideal Midtown address for both residence and investment. Some of the images have been virtually staged. There is currently an assessment of $396.16 in place until May 2026 to fund the reserve and various building projects.   

Location

State NY

County New York

Building/Complex Name Executive Plaza

Building Executive Plaza

Rooms

Basement Other

Interior

Cooling Central Air

Fireplace No

Laundry Building None

Exterior

Exterior Feature None

View Y/N Yes

View City

Porch None

Private Pool No

Building

Dwelling Type High Rise

Story 21

New Construction No

Others

Pets Allowed Pets Allowed

Ownership Condominium

Monthly Total Fees $601

Special Listing Condition Standard

Pets Allowed Building Yes, No


REBNY IDX

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Anthony Guerriero

Anthony Guerriero

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+1(646) 376-8752

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150 W 51ST Street #151

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