250 East 49th Street #3E, New York City, NY 10017
Listing Courtesy of ENGEL & VOLKERS NEW YORK CITY
$1,650,000
Potential Rebate: $24,750
Overview
Elegant and Serene Two-Bedroom with Private Balcony in Turtle Bay
Residence 3E at The Alexander is a bright and quiet two-bedroom, two-bathroom home offering 1,321 square feet of thoughtfully designed living space, complete with private outdoor space. The expansive living and dining area features large windows, soaring 11'2" ceilings, hardwood floors, and abundant closet space.
The open Poggenpohl kitchen is outfitted with top-of-the-line appliances, including a Sub-Zero refrigerator/freezer, stainless steel Viking gas cooktop and oven, and Miele dishwasher. Both bedrooms are generously sized, with the primary suite offering a large walk-in closet and en-suite bath. A second full bathroom and in-unit Miele washer and dryer add to the home’s convenience.
A private balcony off the secondary bedroom provides the perfect outdoor retreat. Individually controlled central heating and air conditioning ensure year-round comfort.
Designed by Sydness Architects and completed in 2010, The Alexander is one of the most refined buildings in Turtle Bay. This 24-story luxury condominium offers a full suite of amenities including a 24-hour doorman and concierge, fitness center, and a beautifully landscaped roof terrace.
Home Features
- •In Unit
- •Balcony
- •Building Roof Deck
- •Building Balcony
- •Private Outdoor Space Over 60 Sqft
- •High Ceilings
- •Walk-In Closet(s)
Estimated Monthly Payment
$12,866 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$24,750
Monthly savings impact
$69/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
Similar Homes
135 East 47TH Street #17D, New York City, NY 10017
Listing Courtesy of Douglas Elliman Real Estate
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Listings
RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of ENGEL & VOLKERS NEW YORK CITY
Data Source: TRESTLE #RLS20051642
Price Analysis
Compare average listing prices and value metrics for The Alexander against the surrounding Turtle Bay market.
Average List Price
Price Per SqFt
90.79% Lower
than the Turtle Bay price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Turtle Bay
Overview of Turtle Bay
Turtle Bay is a diplomatic and residential enclave on the East Side, stretching from 43rd to 53rd Streets east of Lexington Avenue. Anchored by the United Nations, it feels international yet neighborly. For buyers eyeing Turtle Bay Manhattan real estate, the area offers a quiet retreat in the middle of it all.
Living in Turtle Bay, Manhattan is sophisticated and serene. The streets are lined with diplomatic missions, consulates, and elegant pre-war buildings. As a historic Manhattan NYC neighborhood, it attracts a mix of UN employees, longtime residents, and young professionals seeking value and proximity to Midtown offices.
Real Estate & Housing Market
The inventory of homes for sale in Turtle Bay is diverse. You can find everything from white-glove co-ops on Beekman Place to more affordable post-war condos and brownstones on the side streets. The presence of the UN creates a steady rental market for diplomats, making it attractive for investors.
Turtle Bay often offers better value than its neighbors to the north and south. Buyers can find spacious layouts and river views at price points that are competitive for prime Manhattan. The "Katharine Hepburn Garden" area adds a touch of historic celebrity allure.
Lifestyle & Community
The lifestyle in Turtle Bay is professional and polite. The nightlife on Second Avenue attracts a younger crowd for happy hour, but the side streets remain peaceful. The community is heavily influenced by the international corps of the UN, giving it a unique global flavor.
Residents enjoy a quiet quality of life. The neighborhood has a strong sense of civic pride, evident in the Turtle Bay Association's active care for the local parks and gardens. It feels like a small village tucked behind the skyscrapers.
Transportation & Accessibility
Turtle Bay is convenient for commuters. Grand Central Terminal is within walking distance, providing access to the 4, 5, 6, 7, S trains and Metro-North. The E and M trains at Lexington/53rd offer quick east-west options.
The M15 Select Bus Service on 1st and 2nd Avenues is heavily used by locals. The proximity to the FDR Drive makes leaving the city by car relatively easy compared to other parts of Midtown.
Parks, Schools & Amenities
Dag Hammarskjöld Plaza serves as the neighborhood's gathering place, hosting a greenmarket and events. The quiet Greenacre Park on 51st Street, with its 25-foot waterfall, is a hidden gem for residents seeking tranquility.
Amenities include the Vanderbilt YMCA, numerous diplomatic cultural centers, and a wide array of grocery options from Whole Foods to Morton Williams. The dining scene ranges from classic steakhouses like Smith & Wollensky to varied international cuisines.
Who This Neighborhood Is Best For
Turtle Bay is best for diplomats, midtown office workers, and buyers seeking a quiet, safe, and centrally located home. It balances the convenience of Midtown with the charm of a residential community.
