NOT LISTED FOR SALE

245 E 50th St Unit 2B New York, NY 10022

Turtle Bay Neighborhood

Estimated Value: $1,004,000 - $1,139,000

1 Bed
1 Bath
772 Sq Ft
$891/mo HOA Fee

Last Sold July 21, 2021

Last sale price $950,000 $1,231 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,118/month

180 Days on Market

Highlights

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

About This Home

As of July 2021

Welcome home to residence 2B at 245 East 50th Street. Located on a charming tree lined street in Turtle Bay, this 1 bedroom condo features an immense private terrace that provides an oasis in the heart of the bustling city.

- Spacious open living room with space for seating and a dining area.

- Floor to ceiling windows overlook the private terrace

- Galley kitchen featuring a Bertazzoni range and frosted glass front cabinetry

- Bedroom showcases unique windows with plenty of natural light as well as custom closets.

- Large bathroom with heated tile floors, oversized glass enclosed shower with rain shower fixtures and a modern vanity

- Abundant storage throughout

- Immense private terrace with built in planters

You will enjoy all of Midtown East in this convenient location between 2nd and 3rd Avenues. The 6 train can be accessed via the 51st Street station and the East River is only a short distance away. You'll never tire of the abundance of shopping, dining, and entertainment options the neighborhood has to offer.

Last Agent to Sell the Property

Warner Lewis

Brown Harris Stevens Residential Sales LLC License #30LE1035095 Listed on: 01/21/2021

Brown Harris Stevens Residential Sales LLC

Co-Listed By

Ari Harkov

Brown Harris Stevens Residential Sales LLC License #10301202788

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,700

Year Built

  • Built in 1980

HOA Fees

  • $891 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Community Details

  • 16 Units
  • Ile St. Louis Condo
  • Middle East Side Subdivision
  • 9-Story Property

Listing and Financial Details

  • Tax Block 7501

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,700

Year Built

Built in 1980

Lot Details

0

HOA Fees

$891 per month

Listing Details

  • Cross Street: 2nd/3rd
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Middle East Side
  • Entry Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 9

Interior Features

  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 891.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: Ile St. Louis Condo
  • Units: 16
  • Total Stories: 9
  • Year Built: 1980

Tax Info

  • Tax Block: 7501
  • Tax Annual: 14700.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Jun 28, 2021
Sold by
Faedda Gianni L
Bought by
Gormally Michael
Seller's Agent
Warner Lewis
Brown Harris Stevens Residential Sales LLC
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Current Estimated Value
$1,073,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,381
Avg. Annual Appreciation
2.90%

Purchase Details

Closed on
Jul 10, 1998
Sold by
9 East Shore Road Corp
Bought by
Faedda Gianni L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.87%

Purchase Details

Closed on
Jun 26, 1997
Sold by
Gladstone Kenneth and Gladstone Lucille
Bought by
9 East Shore Road Corp and Internationale Nederlanden Us Capital Co
Source: Public Records

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
Gormally Michael $925,000 --
Faedda Gianni L $220,000 --
9 East Shore Road Corp $451,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faedda Gianni L $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2023 03/26/23 Off Market $950,000 -- --
07/21/2021 07/21/21 Sold $950,000 -13.6% $1,231 / Sq Ft
01/21/2021 01/21/21 For Sale $1,100,000 -- $1,425 / 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
2025 $19,290 $158,484 $33,951 $124,533
2024 $19,290 $154,296 $33,951 $120,345
2023 $15,367 $151,840 $33,951 $117,889
2022 $15,201 $156,743 $33,951 $122,792
2021 $17,629 $147,207 $33,951 $113,256
2020 $14,700 $161,750 $33,951 $127,799
2019 $14,002 $147,293 $33,951 $113,342
2018 $16,549 $150,518 $33,951 $116,567
2017 $15,734 $144,605 $33,951 $110,654
2016 $14,830 $142,313 $33,951 $108,362
2015 $8,490 $120,330 $33,952 $86,378
2014 $8,490 $114,445 $33,951 $80,494
Source: Public Records

Agents Affiliated with this Home

  • Warner Lewis

    Seller's Agent in 2021

    Warner Lewis

    Brown Harris Stevens Residential Sales LLC

    (212) 381-6590

    1 in this area

    172 Total Sales

    Warner Lewis
    Section Image
  • Ari Harkov

    Seller Co-Listing Agent in 2021

    Ari Harkov

    Brown Harris Stevens Residential Sales LLC

    (917) 275-7057

    1 in this area

    211 Total Sales

    Ari Harkov
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10825438

Real Estate Board of New York (REBNY)

APN: 1324-1003

New York New York County New York 10022 Turtle Bay

245 E 50th St Unit 2B, New York, NY

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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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