The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

349 East 49th Street, Unit 5K

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Residence 5K is a vibrant yet refined one-bedroom home that stands apart from the typical Midtown offering. Filled with character and a subtle European sensibility, the apartment immediately feels warm and welcoming.

The layout is gracefully proportioned, with classic prewar details, excellent light, and peaceful treetop views that enhance the sense of calm. A well-appointed windowed kitchen offers both charm and practicality, while the modern windowed bath provides a clean, refreshed feel that complements the homes overall warmth. Thoughtful, creatively integrated storage solutions maximize functionality throughout, making the apartment feel both efficient and inviting. The bedroom is generously scaled, the living room accommodates multiple seating and dining configurations, and the overall flow is ideal for comfortable everyday living.

Located in Beekman Court, one of Turtle Bays well-established full-service prewar cooperatives, residents enjoy a beautifully preserved Art Deco lobby, a full-time doorman, a live-in superintendent, laundry facilities, and additional storage. The building is exceptionally well managed with strong financials and allows pets and pieds–terres, making it both flexible and reliable.

Perfectly positioned near an array of neighborhood restaurants, markets, and daily conveniences, the home also offers quick access to the M50 crosstown bus, express buses along 1st and 2nd Avenues, and Grand Central Station. This is a fantastic opportunity to own a stylish, warmly detailed home with full-service comfort in an established, accessible Manhattan neighborhood.

There is a temporary monthly assessment of $115 currently in place as the co-op repositions its retail space, with plans to secure a new income-producing tenant.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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