342 E 50th St Unit 3 New York, NY 10022
Turtle Bay NeighborhoodEstimated payment $4,141/month
About This Home
One of Midtown East's most compelling condo opportunities, this bright and distinctive one-bedroom combines exceptionally low common charges, low real estate taxes, and an investor-friendly ownership policy - a rare combination in the neighborhood.
Set within an intimate three-story prewar brownstone condominium on a quiet, tree-lined residential block, the apartment offers a warm, loft-like character highlighted by a massive skylight and vaulted ceiling that flood the main living space with natural light throughout the day.
The open kitchen is remarkably well equipped, featuring a large island/breakfast bar, stone countertops, generous cabinetry, and an impressive suite of appliances. The kitchen includes a highly energy-efficient two-burner induction cooktop with dedicated exhaust ventilation, dishwasher, refrigerator with built-in icemaker, and two microwaves - one featuring an air-fryer function for added cooking versatility. A dedicated under-counter reverse-osmosis (RO) water filtration system provides filtered drinking water right at the kitchen. In-unit washer/dryer adds another level of everyday convenience.
The quiet bedroom comfortably accommodates up to a king-size bed - as currently furnished - and offers generous closet storage. The updated full bathroom is another standout, featuring its own skylight and bringing natural light into a space where it is rarely found.
The boutique three-story condominium retains the charm and character of its prewar architecture while offering beautifully updated common areas. Ideally situated in Midtown East near the United Nations, the home is surrounded by restaurants, cafés, shopping, neighborhood conveniences, and excellent public transportation.
With unusually low carrying costs, dramatic natural light, two skylights, a vaulted ceiling, in-unit washer/dryer, a thoughtfully equipped kitchen, and flexible investor-friendly ownership, this is a unique opportunity for a primary residence, pied-à-terre, or investment property.
Please note: Select images have been virtually staged for visualization purposes to help illustrate the apartment's potential. The flooring has also been virtually presented in a light white-oak finish; the apartment's current flooring features a grey and white tone. No structural changes are represented in the staged images.
Contact me for additional details, current-condition photos, or to schedule a private showing.
Property Details
Home Type
- Condominium
Year Built
- Built in 1920
HOA Fees
- $433 Monthly HOA Fees
Home Design
- Entry on the 3rd floor
Interior Spaces
- 417 Sq Ft Home
- 4-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry in unit
- Washer Hookup
Utilities
- No Cooling
Listing and Financial Details
- Legal Lot and Block 7503 / 01342
Community Details
Overview
- Turtle Bay Subdivision
Amenities
- No Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $8,938 | $72,097 | $18,304 | $53,793 |
| 2025 | $8,944 | $71,500 | $18,304 | $53,196 |
| 2024 | $8,944 | $71,544 | $18,304 | $53,240 |
| 2023 | $8,476 | $72,539 | $18,304 | $54,235 |
| 2022 | $8,850 | $72,336 | $18,304 | $54,032 |
| 2021 | $8,691 | $70,945 | $18,304 | $52,641 |
| 2020 | $8,520 | $76,754 | $18,304 | $58,450 |
| 2019 | $8,134 | $75,875 | $18,304 | $57,571 |
| 2018 | $7,637 | $72,434 | $18,304 | $54,130 |
| 2017 | $7,382 | $63,819 | $18,304 | $45,515 |
| 2016 | $7,064 | $64,624 | $18,304 | $46,320 |
| 2015 | $3,918 | $57,669 | $18,304 | $39,365 |
| 2014 | $3,918 | $53,618 | $18,304 | $35,314 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/04/2026 09/04/26 | For Sale | $537,000 | 0.0% | $1,288 / Sq Ft | |
| 11/04/2015 11/04/15 | Rented | -- | -- | -- | |
| 10/05/2015 10/05/15 | Under Contract | -- | -- | -- | |
| 09/21/2015 09/21/15 | For Rent | -- | -- | -- | |
| 08/31/2015 08/31/15 | Sold | $560,000 | 0.0% | -- | View Prior Sale |
| 05/22/2015 05/22/15 | Pending | -- | -- | -- | |
| 04/13/2015 04/13/15 | For Sale | $560,000 | 0.0% | -- | |
| 03/27/2014 03/27/14 | Rented | -- | -- | -- | |
| 02/25/2014 02/25/14 | Under Contract | -- | -- | -- | |
| 07/22/2013 07/22/13 | For Rent | $2,500 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $485,000 | -- | |
| Deed | -- | -- | |
| Deed | $530,000 | -- | |
| Deed | $435,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20112630
APN: 1342-1203
- 349 E 49th St Unit 3T
- 349 E 49th St Unit 2B
- 349 E 49th St Unit 4A
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- 330 E 49th St Unit PHD
- 330 E 49th St Unit 4E
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- 100 United Nations Plaza Unit 24A
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- 100 United Nations Plaza Unit 8BC
- 337 E 50th St Unit 2E
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- 845 United Nations Plaza Unit 50A
- 845 United Nations Plaza Unit 82B
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- 304 E 49th St
- 312 E 51st St
- 340 E 51st St Unit SI FL8-ID1999
- 343 E 51st St Unit SI FL1-ID1323957P
- 340 E 51st St Unit SI FL3-ID2172
- 323 E 51st St Unit SI ID1023419P
- 323 E 51st St Unit SI ID1023423P
- 323 E 51st St Unit SI ID1024750P
- 321 E 51st St
- 300 E 51st St Unit SI FL4-ID1840
Ask me questions while you tour the home.