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$537,000
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Property Description
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.
Full Property Details
Full Property Details for 342 E 50th St #3B
General
- Price: $537,000
- HOA FEE: $433/month
- Status: Active
- Type: Apartment
- Source: REBNY
- MLS ID: RLS20112630
- Updated: 9/4/2026
- Added to Site: 12 day(s) ago
Interior
- Number of Rooms: 3
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Building None, Washer Hookup, In Unit
Additional Information
- Pool: Yes
- Pool Description: Building None
Location
- County: New York
- Subdivision: Turtle Bay
Community
- Pets Allowed: Yes
Structural Information
- Architectural Style: Walk-Up
- Basement Desc.: Other
- Stories/Levels: 4
- Square Feet: 417
- Living Area: 417 Sq. Ft.
- Year Built: 1920
Lot Features
- Zoning: null
Financial Considerations
- Association Fee: $433
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
- Block: 1342
- Lot Number: 7503
Listing Courtesy of Corcoran Group
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Schools
Schools serving 342 E 50th St #3B
School District:New York City Geographic School District 02
| Name | Grades | Distance |
|---|---|---|
Ps 59 Beekman Hill International 231-249 E 56th St, New York, NY 10019 | K-4 | 0.4 mi |
Jhs 104 Simon Baruch 330 East 21st Street, New York, NY 10010 | 7-8 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 342 E 50th St #3B
Date
Details
Price
Change
Source
9/04/2026
Listed
$537,000
-20.44%
MLS
1/19/2017
Sold
$675,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 342 E 50th St #3B
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,146
—
$73,777
1%
2025
$9,146
—
$73,164
—
2024
$9,153
-1%
$73,210
-1%
2023
$9,280
2%
$74,227
—
2022
$9,080
2%
$74,021
2%
2021
$8,893
2%
$72,597
-8%
2020
$8,718
5%
$78,541
1%
2019
$8,323
7%
$77,642
5%
2018
$7,749
3%
$74,120
13%
2017
$7,554
4%
$65,305
-1%
2016
$7,229
5%
$66,129
12%
2016
$6,878
6%
$59,012
8%
2014
$6,502
—
$54,866
6%
2013
$6,480
—
$51,669
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 342 E 50th St #3B
342 E 50th Street #3B, New York, NY 10022 (MLS# RLS20112630) is a Apartment property with 1 bedroom and 1 full bathroom. 342 E 50th Street #3B is currently listed for $537,000 and was received on September 04, 2026. Want to learn more about 342 E 50th Street #3B? Do you have questions about finding other Apartment real estate for sale in New York? You can browse all New York real estate or contact a Coldwell Banker agent to request more information.

