NOT LISTED FOR SALE

Estimated Value: $617,000 - $25,979,438

6 Beds
10 Baths
12,230 Sq Ft
$1,087/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $27,500,000 $2,249 Per Sq Ft

Current estimated payment $90,398/month

38 Days on Market

About This Home

As of October 2023

An Unparalleled Opportunity

At last, here is the opportunity to acquire the townhouse you have always wanted in a location that is remarkable for its serenity, yet steps from all of the benefits New York City offers.

BEEKMAN PLACE

This perfectly secluded two-block enclave between East 50th and E. 51st Street faces directly over the East River. It is located on the site of Mount Pleasant, James Beekman's family mansion built in 1765, which was frequently visited by George Washington. This piece of land is notable for being higher than the surrounding area, affording unparalleled views of the East River. It includes its own neighborhood private security guards, which feels like a small piece of Europe on the middle of Manhattan. Area occupants have included Abby Rockefeller, John D. Rockefeller, Jr and John D Rockefeller, III.

From the onset, the Beekman Place townhouses have had illustrious owners. 17 Beekman belonged to Irving Berlin, 23 Beekman was owned by the preeminent American architect, Paul Rudolph. The largest of the group was 29 Beekman built for the CBS executive, William S. Paley. It was then purchased by Princess Ashraf Pahlavi when she sought unrivaled refuge in New York in 1969.

NOW A DESIGNER'S DELIGHT

29 Beekman Place is a just completed full-scale renovation of a seven level 12,000 square-foot mansion with walls of glass at the rear of each floor overlooking the stunning East River of Manhattan. It includes 7 terraces and approximately 1,905 total square feet of outdoor space. All new basic systems have been installed to the highest standard - leaving the new buyer with the often sought after opportunity to finish the kitchen and bathrooms to their own taste.

UNIQUE EAST/WEST ORIENTATION Almost all townhouses in Manhattan are on narrow side streets and face North and South. This house faces East and West allowing for views of the rising sun and maximum interior light given the way the sun crosses Manhattan Island. Only houses directly on Fifth Avenue or a few on Park Avenue have an East/West orientation.

29 Beekman has the same unique East/West orientation as Fifth Avenue houses, so buyers seeking the maximum light this affords could instead have a house in this quiet, secluded Beekman Place enclave, while avoiding the congestion and commotion of Fifth Avenue.

EXCEPTIONAL HIGHLIGHTS OF 29 BEEKMAN PLACE NOW

DOUBLE HEIGHT ENTRY

A dramatic double height ceiling has been created to lead the eye past the gleaming white floor 90 feet ahead to a rear terrace and the East River.

7 TERRACES As each level of this townhouse is exceptionally deep, 7 terraces were created with walls of glass overlooking the river. The 7th terrace facing west is on the 6th floor. Two terraces were enclosed with heated floors for all season use. All rooms were designed to have maximum width, length and light.

TOP FLOOR ENTERTAINING AREA In addition to other entertaining spaces and floors, there is an exceptional large outdoor space on the top floor which includes a fully equipped indoor entertaining bar to facilitate the enjoyment of the spectacular East River views. It's the ultimate site for a truly exquisite view of the East River.

ELEVATOR Travels at 150 feet a minute, rising from the first floor to the seventh floor in 27 seconds.

POWER The average townhouse may have 200 Amps of power while there are 600 Amps here.

MEDIA AND COMFORT There are temperature controls for each floor that can be controlled by iPads and personal devices.

Hidden speakers on the lower floors are positioned through the plaster.

Smart Home Technology for HVAC, A/V, Lighting, Shades - Controlled throughout the home by Tablet and App.

All fireplaces are gas.

Bathrooms are pre-wired for electric toilets.

Master bath has a large froth glass for a River view that can be clouded for privacy plus heated floors.

Wiring is in place for a sauna and separate steam room.

Two wine cellars are possible.

New security system.

In addition to an extraordinary residence, a house of this size and location could also provide an exceptional base for a foundation, a not for profit organization or a diplomatic residence as the United Nations is nearby - all of which might benefit immensely from the unique ability to customize it exactly as they require.

Without doubt, this is an unparalleled opportunity to acquire a state of the art 12,000 square-foot townhouse with seven levels and seven terraces that can be completed precisely as a new buyer chooses. From every perspective, 29 Beekman Place is a rare find and extraordinary opportunity.

What will your vision be?

Last Listed By

Paula Del Nunzio

Brown Harris Stevens Residential Sales LLC License #30DE0713022 Listed on: 08/22/2023

Brown Harris Stevens Residential Sales LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $195,819

Year Built

  • 1934

Lot Details

  • 2,004

Home Design

  • 12,230 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Washer Dryer Allowed

Community Details

  • Middle East Side Subdivision
  • 8-Story Property

Listing and Financial Details

  • Tax Block 01361

Home Details

Home Type

Single Family

Est. Annual Taxes

$195,819

Year Built

1934

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Middle East Side
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 8
  • Year Built: 1934

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 12230.0
  • Living Area Units: Square Feet
  • Rooms (Total): 17

Beds/Baths

  • Full Bathrooms: 6
  • Half Bathrooms: 4
  • Bathrooms Integer: 7
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Building Info

  • Units: 1
  • Total Stories: 8

Tax Info

  • Tax Block: 01361

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
Oct 10, 2023
Sold by
Fcf Beekman Realty Llc
Bought by
Secretary Of State For Foreign Commonwe
Seller's Agent
Paula Del Nunzio
Brown Harris Stevens Residential Sales LLC
List Price
$36,000,000
Sold Price
$27,500,000
Premium/Discount to List
-$8,500,000
-23.61%
Total Days on Market
38
Views
316
Current Estimated Value
$13,298,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,201,781
Avg. Annual Appreciation
-37.61%

Purchase Details

Listed on
May 7, 2019
Closed on
Aug 5, 2020
Sold by
Wansdown Properties Corporation Nv
Bought by
Fcf Beekman Realty Llc
Seller's Agent
Charlie Attias
Compass
List Price
$11,500,000
Sold Price
$11,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.54%
Original Mortgage
$5,750,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Secretary Of State For Foreign Commonwe $27,500,000 --
Secretary Of State For Foreign Commonwe $27,500,000 --
Fcf Beekman Realty Llc $11,500,000 --
Fcf Beekman Realty Llc $11,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fcf Beekman Realty Llc $5,750,000
Previous Owner Fcf Beekman Realty Llc $5,750,000
Previous Owner Wansdown Properties Corporation N $2,000,000
Previous Owner Wansdown Properties Corporation N V $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold $27,500,000 -23.6% $2,249 / Sq Ft
08/22/2023 08/22/23 For Sale $36,000,000 +213.0% $2,944 / Sq Ft
08/05/2020 08/05/20 Sold $11,500,000 0.0% $938 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
12/12/2013 12/12/13 For Sale $11,500,000 -- $938 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

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
2024 $195,819 $974,952 $519,480 $668,002
2023 $180,124 $886,918 $412,646 $474,272
2022 $166,530 $1,114,680 $519,480 $595,200
2021 $175,556 $1,197,840 $519,480 $678,360
2020 $172,056 $1,364,280 $519,480 $844,800
2019 $163,394 $1,201,200 $519,480 $681,720
2018 $150,211 $736,869 $454,305 $282,564
2017 $141,708 $695,160 $519,480 $175,680
2016 $143,539 $718,017 $473,825 $244,192
2015 $57,732 $677,376 $462,481 $214,895
2014 $57,732 $663,552 $385,074 $278,478
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10900452

Real Estate Board of New York (REBNY)

APN: 1361-0121