---
title: "138 East 50th Street #40B, New York City, NY 10022"
description: "138 East 50th Street #40B, New York City, NY 10022 — Midtown East, New York City, NY. Listing Price $3,495,000. 2 bed, 3 bath, 1,467 sqft Illustrative Buyer Commission Share of $52,425 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/138-east-50th-street-40b-ny-10022"
source: "Real Estate Rebate Team"
status: "Active"
---

# 138 East 50th Street #40B, New York City, NY 10022

Midtown East, New York City, NY

Courtesy of Compass

## At a Glance

- **Listing Price**: $3,495,000
- **Beds**: 2
- **Total Baths**: 3
- **Sqft**: 1,467
- **Common Charges**: $3,390 / mo
- **Monthly Taxes**: $2,103 / mo
- **Price per Sqft**: $2,382
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $3,495,000
- **Illustrative Buyer Commission Share**: -$52,425*
- **Illustrative Net Cost**: $3,442,575

*Illustrative Buyer Savings of $52,425 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![138 East 50th Street #40B, New York City, NY 10022 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/963ad0bb-b44f-4002-8414-433818cceac3.jpg)
![138 East 50th Street #40B, New York City, NY 10022 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cbd9a54c-f69e-4642-ba48-331c8785f05e.png)
![138 East 50th Street #40B, New York City, NY 10022 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/875dffb3-27b4-4d64-be2c-d25189b1d512.jpg)
![138 East 50th Street #40B, New York City, NY 10022 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ebde489b-e4ff-40e3-9497-d25b3cdd4f24.jpg)
![138 East 50th Street #40B, New York City, NY 10022 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d041ed44-ca46-4683-a795-f1a8ba2afb26.jpg)
![138 East 50th Street #40B, New York City, NY 10022 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f4895eea-8017-4923-be71-06b0627a3e04.jpg)
![138 East 50th Street #40B, New York City, NY 10022 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/df712b85-c226-4e5b-a6d2-9ec44ece9b5a.jpg)
![138 East 50th Street #40B, New York City, NY 10022 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/43b5b603-080f-4d68-bddd-ecea954906b2.jpg)
![138 East 50th Street #40B, New York City, NY 10022 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9fee9c8b-1227-4ff6-947b-8e8aabb8822a.jpg)
![138 East 50th Street #40B, New York City, NY 10022 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5857abfc-ddb5-4b06-b492-83adacad3470.jpg)

## Property Overview

Enjoy iconic NYC living here at The Centrale, in the heart of Manhattan.

Enter this elegant two-bedroom, two-and-a-half-bath residence through a sophisticated foyer that immediately sets the tone of modern refinement. Designed by Champalimaud, the expansive living and dining area is splashed in sunshine from floor-to-ceiling windows, enjoying a vibrant view of the City skyline. The chef’s kitchen features Capri marble countertops, backsplash and a quartz island with breakfast bar seating. Premier Gaggenau appliances are complemented by Dornbracht fixtures.

Upgrades include: custom window treatments, built-in closets, and a high design quartz island.

The serene primary suite offers a world class view of the Chrysler Building. Bedroom features an expansive walk-in closet, five-fixture en-suite bathroom with a deep soaking tub for relaxation, stately shower, European toilet, heated floors and sophisticated marble finishes. Second bedroom is generously sized, with inspirational NYC views and a zen en-suite bathroom. Home is complete with a striking powder room, Nest thermostat and Bosch washer/dryer.

Residents of The Centrale are welcomed via a private porte-cochère with a full service staff and 24-hour attended lobby. Luxurious amenities include a private terrace, 75-foot lap pool, fitness center with yoga studio, great room, private dining room and club room. Welcome home!

## Property Details

- **Property Type**: Condominium
- **Beds**: 2
- **Total Baths**: 3
- **Rooms**: 5
- **Sqft**: 1,467 sqft
- **Stories**: 62
- **Year Built**: 2019
- **Price per Sqft**: $2,382
- **Common Charges**: $3,390 / Monthly
- **Monthly Taxes**: $2,103 / mo
- **Listed On**: Nov 20, 2025
- **Days on Market**: 303 Days

### Residence Features

- In Unit
- See Remarks
- Garage
- Building Roof Deck
- Entrance Foyer
- Eat-in Kitchen
- Walk-In Closet(s)
- Dryer
- Dishwasher
- Refrigerator
- Washer

### Building Amenities

- Garage

## Estimated Monthly Payment

**$23,166 / month**, assuming a 20% down payment ($699,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $17,673
- **Property Taxes**: $2,103
- **Common Charges**: $3,390

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

75 apartments at The Centrale have recorded sales since September 2021, the most recent for $2,300,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [12C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/138-east-50th-street-c-12C-ny-10022) (Apartment) | 2 | 1,343 | $2,300,000 | $1,713/ft² | August 25, 2026 | MLS |
| [53A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/138-east-50th-street-a-53A-ny-10022) (Apartment) | 2 | 1,636 | $3,395,000 | $2,075/ft² | August 21, 2026 | MLS |
| [29A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/138-east-50th-street-a-29A-ny-10022) (Apartment) | 1 | 1,038 | $1,955,000 | $1,883/ft² | August 18, 2026 | MLS |
| [69](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10022/138-east-50th-street-69-ny-10022) (Apartment) | 3 | 2,705 | $6,600,000 | $2,440/ft² | July 22, 2026 | MLS |
| 17D (Apartment) | 2 | 1,207 | $2,175,000 | $1,802/ft² | June 29, 2026 | MLS |
| 28A (Apartment) | 1 | 1,038 | $1,955,000 | $1,883/ft² | June 23, 2026 | MLS |
| TR63 (Apartment) | 4 | 2,777 | $6,425,000 | $2,314/ft² | June 15, 2026 | City record · MLS |
| 51B (Apartment) | 1 | 1,126 | $2,350,000 | $2,087/ft² | June 4, 2026 | City record · MLS |
| 21A (Apartment) | 2 | 1,446 | $2,600,000 | $1,798/ft² | May 21, 2026 | City record · MLS |
| 68 (Apartment) | 3 | 2,684 | $7,195,000 | $2,681/ft² | May 15, 2026 | MLS |
| TR68 (Apartment) | — | 2,684 | $6,625,000 | $2,468/ft² | May 15, 2026 | City record |
| 41B (Apartment) | 2 | 1,467 | $3,100,000 | $2,113/ft² | March 23, 2026 | City record · MLS |
| 24B (Apartment) | 2 | 1,592 | $2,995,000 | $1,881/ft² | February 2, 2026 | City record · MLS |
| TR61 (Apartment) | 4 | 2,756 | $6,295,000 | $2,284/ft² | November 13, 2025 | City record · MLS |
| 25A (Apartment) | 1 | 1,038 | $2,255,000 | $2,172/ft² | November 12, 2025 | MLS |
| 37B (Apartment) | 2 | 1,518 | $3,495,000 | $2,302/ft² | October 24, 2025 | MLS |
| TR64 (Apartment) | — | 2,756 | $6,400,000 | $2,322/ft² | October 1, 2025 | City record |
| 26A (Apartment) | 1 | 1,038 | $1,916,000 | $1,846/ft² | September 26, 2025 | City record |
| 15-B (Apartment) | 1 | 847 | $1,450,000 | $1,712/ft² | August 27, 2025 | City record · MLS |
| 27C (Apartment) | 2 | 1,335 | $2,650,000 | $1,985/ft² | July 31, 2025 | City record · MLS |
| 22B (Apartment) | 1 | 815 | $1,600,000 | $1,963/ft² | June 5, 2025 | City record · MLS |
| TR67 (Apartment) | 3 | 2,756 | $6,575,555 | $2,386/ft² | June 2, 2025 | City record · MLS |
| TR66 (Apartment) | — | 2,756 | $6,550,000 | $2,377/ft² | May 12, 2025 | City record |
| TR65 (Apartment) | — | 2,756 | $6,436,000 | $2,335/ft² | May 6, 2025 | City record |
| 43B (Apartment) | 2 | 1,467 | $3,150,000 | $2,147/ft² | April 21, 2025 | City record · MLS |
| 42B (Apartment) | — | 1,467 | $3,117,825 | $2,125/ft² | January 6, 2025 | City record |
| 23B (Apartment) | 2 | 1,615 | $3,000,000 | $1,858/ft² | December 19, 2024 | City record · MLS |
| 49B (Apartment) | 1 | 1,189 | $2,523,625 | $2,122/ft² | December 3, 2024 | City record · MLS |
| 11D (Apartment) | — | 1,207 | $2,485,000 | $2,059/ft² | October 31, 2024 | City record |
| 54B (Apartment) | 1 | 1,126 | $2,625,000 | $2,331/ft² | September 23, 2024 | City record · MLS |
| 19A (Apartment) | 2 | 1,446 | $2,995,000 | $2,071/ft² | September 10, 2024 | MLS |
| 45B (Apartment) | 2 | 1,467 | $3,410,000 | $2,324/ft² | May 23, 2024 | City record · MLS |
| 18A (Apartment) | 2 | 1,446 | $2,637,500 | $1,824/ft² | May 21, 2024 | City record · MLS |
| 35B (Apartment) | 2 | 1,518 | $3,575,000 | $2,355/ft² | May 9, 2024 | City record · MLS |
| 11C (Apartment) | 2 | 1,347 | $2,825,000 | $2,097/ft² | May 3, 2024 | MLS |
| 11C/PH70 (Apartment) | 5 | 6,735 | $24,550,000 | $3,645/ft² | May 2, 2024 | City record · MLS |
| 11A (Apartment) | 2 | 1,433 | $2,425,000 | $1,692/ft² | April 15, 2024 | City record · MLS |
| 47B (Apartment) | 1 | 1,190 | $2,650,000 | $2,227/ft² | March 22, 2024 | City record · MLS |
| 52B (Apartment) | 1 | 1,126 | $2,600,000 | $2,309/ft² | December 6, 2023 | City record · MLS |
| 50B (Apartment) | 1 | 1,190 | $2,530,000 | $2,126/ft² | October 25, 2023 | City record · MLS |

Showing the 40 most recent of 75 recorded sales in this period.

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

- **This home**: $3,495,000
- **Median sold price**: $2,650,000
- **Difference**: +$845,000 (+31.9%)
- **This home, $/ft²**: $2,382
- **Median $/ft²**: $1,971
- **Comparable sales**: 28
- **Sales from**: December 2021 – May 2026
- **Middle half of those sales**: $2,586,750 – $3,194,850

Based on two-bedroom sales at The Centrale.

### How these sales were negotiated

- **Sale-to-list price**: 88.9% (18 sales)
- **Sold below asking**: 100% (18 sales)
- **Typical time to find a buyer**: 163 days (20 sales)
- **Typical time to close**: 46 days (24 sales)

Based on two-bedroom sales at The Centrale with the required listing and closing data. Sample sizes vary by metric.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

### Price trend

Median price per square foot, sales at The Centrale

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2020 | $2,059/ft² | 17 |
| 2021 | $2,020/ft² | 31 |
| 2022 | $1,971/ft² | 16 |
| 2023 | $2,167/ft² | 14 |
| 2024 | $2,175/ft² | 10 |
| 2025 | $2,147/ft² | 11 |
| 2026 YTD | $1,883/ft² | 7 |

Based on recorded sales at The Centrale. 2026 is year-to-date.

Sales data through August 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at The Centrale](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-centrale)

## Price and Property History for 138 East 50th Street, Unit 40B

Review the recorded listing activity for 138 East 50th Street, Unit 40B, including asking-price changes and prior market dates.

- **Last sold (recorded)**: $3,255,000 on April 4, 2022

| Date | Price | Listing event |
| --- | --- | --- |
| August 13, 2026 | $3,495,000 | Listing removed from the market |
| November 4, 2025 | $3,495,000 | Listed for sale by Compass |
| April 4, 2022 | $3,255,000 | Sold — recorded sale price |
| March 4, 2022 | $4,256,000 | Listed for sale by Douglas Elliman Real Estate |
| March 2, 2022 | $4,256,000 | Entered contract |

## Property Tax History

Taxes at 138 East 50th Street #40B were $32,256 in 2026, up 5.4% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $295,635 | $20,126 | $275,509 | $258,048 | $32,256 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $265,638 | $20,126 | $245,512 | $244,801 | $30,600 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $249,859 | $20,126 | $229,733 | $239,957 | $29,995 | 12.5% |
| 2023 (FY 2023/24) | $239,060 | $20,126 | $218,934 | $238,268 | $19,558 after $10,230 abatement | 12.502% |
| 2022 (FY 2022/23) | $240,055 | $20,126 | $219,929 | $238,740 | $29,286 | 12.267% |
| 2021 (FY 2021/22) | $229,403 | $20,126 | $209,277 | $229,403 | $28,067 | 12.235% |
| 2020 (FY 2020/21) | $241,417 | $20,126 | $221,291 | $241,415 | $29,614 | 12.267% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner.

Figures are the New York City Department of Finance assessment roll for tax lot 1013041184. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### The Centrale

Turtle Bay · Condominium

138 East 50th Street, New York, NY 10022

A building in Turtle Bay, currently featuring 4 active listings.

- **Year Built**: 2019
- **Active Units**: 4
- **Floors**: 62

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-centrale)

### Available Residences — For Sale (5)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [40B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/138-east-50th-street-40b-ny-10022) | 2 | 3 | 1,467 sqft | $2,382 | $3,495,000 | Compass | Nov 20, 2025 | 302 days |
| [26A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/138-east-50th-street-a-26A-ny-10022) | 1 | 2 | 1,038 sqft | $1,926 | $1,999,000 | Douglas Elliman Real Estate | Sep 8, 2025 | 375 days |
| [17B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/138-east-50th-street-17b-ny-10022) | 1 | 2 | 847 sqft | $1,771 | $1,500,000 | Sothebys International Realty | Sep 26, 2025 | 357 days |
| [30A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/138-east-50th-street-30a-ny-10022) | 1 | 2 | 1,038 sqft | $1,922 | $1,995,000 (-5.0%) | Douglas Elliman Real Estate | Jul 20, 2026 | 60 days |
| [64](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/138-east-50th-street-64-ny-10022) | 3 | 3 | 2,756 sqft | $2,502 | $6,895,000 (-13.0%) — In contract | Douglas Elliman Real Estate | Jun 25, 2024 | 815 days |

### Recently Sold (4)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [53A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/138-east-50th-street-a-53A-ny-10022) | 2 | 3 | 1,636 sqft | $2,075 | $3,395,000 | Douglas Elliman Real Estate | Oct 5, 2025 | Aug 21, 2026 |
| [12C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/138-east-50th-street-c-12C-ny-10022) | 2 | 2 | 1,343 sqft | $1,713 | $2,300,000 | Douglas Elliman Real Estate | Nov 11, 2025 | Aug 25, 2026 |
| [69](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10022/138-east-50th-street-69-ny-10022) | 3 | 3 | 2,705 sqft | $2,440 | $6,600,000 | Douglas Elliman Real Estate | May 27, 2026 | Jul 22, 2026 |
| [29A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/138-east-50th-street-a-29A-ny-10022) | 1 | 2 | 1,038 sqft | $1,883 | $1,955,000 | Douglas Elliman Real Estate | Jun 10, 2026 | Aug 18, 2026 |

## Potential NYC Second-Home Tax

This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price.

[Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator)

## Midtown East

Overview of Midtown East

[Explore Midtown East](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-midtown) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Midtown East

- [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill)
- [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district)
- [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)
- [Hells Kitchen real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hells-kitchen)
- [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district)
- [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea)

## Related Links

- [The Centrale — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-centrale)
- [Midtown East neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-midtown)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> 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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.