NOT LISTED FOR SALE

The Centrale 138 E 50th St Unit 38 B New York, NY 10022

Midtown East Neighborhood

Estimated Value: $2,540,000 - $3,392,000

2 Beds
2.5 Baths
1,518 Sq Ft
$2,097/mo HOA Fee

Last Sold February 24, 2023

Last sale price $3,525,000 $2,322 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $20,724/month

113 Days on Market

Highlights

  • New Construction
  • 2-minute walk to 51 Street
  • 4-minute walk to Greenacre Park
  • P.S. 59 Beekman Hill International Rated A
  • Garage

About This Home

As of February 2023

On-Site Appointments Now Available.



Immediate Occupancy.



This expansive two bedroom, two and a half bathroom residence designed by Champalimaud offers north, east and southern exposures through floor-to-ceiling windows. White oak flooring throughout leads from the entry into an open living and dining concept, complete with a chef's kitchen offering honed Capri marble countertops, backsplash, and a waterfall island with room for seating. The kitchen has a refined aesthetic with streamlined custom white oak millwork that seamlessly integrates a full Gaggenau appliance package, including an undercounter wine refrigerator, complemented by Dornbracht fixtures.



The primary bedroom features an expansive walk-in closet and en-suite five fixture primary bath. The serene primary bath offers Bianco Dolomiti radiant heated flooring underfoot, an enclosed shower, and a separate Kohler tub with Marno Illusion marble details. A custom vanity with white oak, rift-cut wood veneer millwork, and Marno Illusion countertops is completed with a built-in medicine cabinet, Kallista Sink and Dornbracht Fixtures. A unique powder room features a dramatically veined Nero Maquina vanity countertop, ebony stained oak quarter cut wood veneer vanity and Nero Maquina floors. An eye-catching Cobalt Flash marble wet wall, Dornbracht fixtures and a Kohler Corbelle toilet offers a striking contrast against the dark woods and stones. A Nest Learning Thermostat and Bosch washer and dryer complete this elegant residence.



The grand amenities spaces are personalized with handmade artwork, distinctive marbles, natural stones, and dramatic light fixtures that come together to create an ethereal, intimate feel. Residents arrive to The Centrale through a sheltered porte-cochere or the private residential lobby, which are both attended to 24 hours a day. The formal Great Room, Private Dining Room with Catering Kitchen, the Club Room, and an all-season Club Terrace are perfect for entertaining in any style. A state-of-the-art fitness center overlooks a 75' lap pool, while the yoga room offers a serene respite.



At 71 stories, The Centrale takes its place alongside Midtown Manhattan's most iconic buildings, encompassing a collection of 124 classic yet undeniably modern residences, envisioned by Champalimaud Design. The Centrale's exterior design by Pelli Clarke Pelli Architects, builds upon classic Art Deco architecture with contemporary elements thoughtfully displayed throughout, including the lightly reflective glass fa ade articulated with facets of terracotta chevrons. The Centrale reveals its base, body and crown from street to the sky with crystalline switchbacks, creating a dynamic rhythm of angled reflections of the surrounding Midtown landscape.



The complete terms are in an offering plan available from the Sponsor (File No: CD17-0203).

Last Agent to Sell the Property

Barbara Russo

Douglas Elliman Real Estate License #10401221783 Listed on: 10/26/2022

Douglas Elliman Real Estate

Co-Listed By

Bertrand Buchin

Douglas Elliman Real Estate License #10301202558

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,124

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.27

HOA Fees

  • $2,097 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 1,518 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Washer Dryer Allowed

Community Details

  • 124 Units
  • The Centrale Condo
  • Middle East Side Subdivision
  • 62-Story Property

Listing and Financial Details

  • Tax Block 01304

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,124

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$2,097 per month

Listing Details

  • Cross Street: LEXINGTON AVENUE and 3 AVENUE
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Middle East Side
  • Entry Level: 38
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 62

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 1518.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 2

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2097.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Building Name: THE CENTRALE CONDO
  • Units: 124
  • Total Stories: 62
  • Year Built: 2019

Tax Info

  • Tax Block: 01304
  • Tax Annual: 29124.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Feb 23, 2023
Sold by
50 Lex Development Llc
Bought by
Lou Xiaohong
Seller's Agent
Barbara Russo
Douglas Elliman Real Estate
List Price
$3,525,000
Sold Price
$3,525,000
Total Days on Market
113
Views
9
Current Estimated Value
$3,027,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$497,738
Avg. Annual Appreciation
-6.51%
Source: Public Records

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Range of Values:

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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
Lou Xiaohong $3,324,750 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $3,525,000 0.0% $2,322 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
10/26/2022 10/26/22 For Sale $3,525,000 -- $2,322 / 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 $30,732 $245,813 $20,826 $224,987
2023 $29,635 $241,580 $20,826 $220,754
2022 $29,390 $248,400 $20,826 $227,574
2021 $29,119 $237,378 $20,826 $216,552
Source: Public Records

Agents Affiliated with this Home

  • Barbara Russo

    Seller's Agent in 2023

    Barbara Russo

    Douglas Elliman Real Estate

    (917) 902-8758

    7 in this area

    50 Total Sales

    Barbara Russo
    Section Image
  • Bertrand Buchin

    Seller Co-Listing Agent in 2023

    Bertrand Buchin

    Douglas Elliman Real Estate

    (917) 653-3737

    35 in this area

    41 Total Sales

    Bertrand Buchin
    Section Image
See All Agents

About The Centrale

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10833788

Real Estate Board of New York (REBNY)

APN: 1304-1180

New York New York County New York 10017 Midtown East

138 E 50th St Unit 38 B, New York, NY

This home is located at 138 E 50th St Unit 38 B, New York, NY 10022 since 26 October 2022 and is currently estimated at $3,027,262, approximately $1,994 per square foot. This property was built in 2019. 138 E 50th St Unit 38 B is a home located in New York County with nearby schools including P.S. 59 Beekman Hill International, Simon Baruch Middle School 104, and Clinton School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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