Sponsor Residence

138 East 50th Street #64, New York City, NY 10022

Turtle Bay, New York City, NYCourtesy of Douglas Elliman Real Estate
138 East 50th Street #64, Turtle Bay, Manhattan, NY 10022 - Main property photo
138 East 50th Street #64, Turtle Bay, Manhattan, NY 10022 - Property photo 2 of 101
138 East 50th Street #64, Turtle Bay, Manhattan, NY 10022 - Property photo 3 of 101
138 East 50th Street #64, Turtle Bay, Manhattan, NY 10022 - Property photo 4 of 101
138 East 50th Street #64, Turtle Bay, Manhattan, NY 10022 - Property photo 5 of 101
+96

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 beside this are illustrative, based on a 3% buyer-broker commission; your share follows the commission offered on the transaction.

Contract Purchase Price$6,895,000
Illustrative Buyer Commission Share-$103,425*
Illustrative Net Cost$6,791,575
Listing Price
$6,895,000
In contract 8/27/2025
Common Charges$6,796 / mo
Monthly Taxes
Price per Sqft$2,502
Brokerage FeeShare Eligible
3
Beds
3
Baths
2,756
Sqft
Illustrative Buyer Savings
+$103,425*
50% of a 3% buyer-broker commission, shared at closing
Regis Roumila

Regis Roumila

Verified Member: REBNY · NAR

NYDOS LIC#: 10491211335

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Property Overview

Immediate Occupancy.

Privacy is ensured in this Champalimaud designed full-floor tower residence at The Centrale, offering iconic landmark views such as Central Park, the Chrysler Building, and the East River through 10" floor-to-ceiling windows. This three bedroom, three bathroom home begins with white oak flooring throughout, leading from the entry foyer into an expansive open living and dining concept complete with a chef's kitchen offering honed Capri marble countertops, backsplash, and a waterfall island with ample room for seating and entertaining. The kitchen has a refined a...

Property Details

PROPERTY TYPECondominium
BEDS3
BATHS3
ROOMS5
SQFT2,756 sqft
STORIES62
YEAR BUILT2019
PRICE PER SQFT$2,502
COMMON CHARGES$6,796 / Monthly
LISTED ONJun 25, 2024
DAYS ON MARKET805 Days
 

Residence Features

Central Air
Building Other
Building Roof Deck
Private Outdoor Space Under 60 Sqft
Smoke Free
Bridge(s)
City Lights
City

Sales Evidence

Recent closed sales

76 apartments at The Centrale have recorded sales since September 2021, the most recent for $3,395,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

Recorded closed sales at The Centrale, September 2021 – August 2026
53AApartment21,636$3,395,000$2,075/ft²August 21, 2026MLS
29AApartment11,038$1,955,000$1,883/ft²August 18, 2026MLS
69Apartment32,705$6,600,000$2,440/ft²July 22, 2026MLS
17DApartment21,207$2,175,000$1,802/ft²June 29, 2026MLS
28AApartment11,038$1,955,000$1,883/ft²June 23, 2026MLS
TR63Apartment42,777$6,425,000$2,314/ft²June 15, 2026City record · MLS
51BApartment11,126$2,350,000$2,087/ft²June 4, 2026City record · MLS
21AApartment21,446$2,600,000$1,798/ft²May 21, 2026City record · MLS
TR68ApartmentBedroom count not recorded2,684$6,625,000$2,468/ft²May 15, 2026City record
68Apartment32,684$7,195,000$2,681/ft²May 15, 2026MLS
41BApartment21,467$3,100,000$2,113/ft²March 23, 2026City record · MLS
24BApartment21,592$2,995,000$1,881/ft²February 2, 2026City record · MLS
TR61Apartment42,756$6,295,000$2,284/ft²November 13, 2025City record · MLS
25AApartment11,038$2,255,000$2,172/ft²November 12, 2025MLS
37BApartment21,518$3,495,000$2,302/ft²October 24, 2025MLS
TR64ApartmentBedroom count not recorded2,756$6,400,000$2,322/ft²October 1, 2025City record
26AApartment11,038$1,916,000$1,846/ft²September 26, 2025City record
15-BApartment1847$1,450,000$1,712/ft²August 27, 2025City record · MLS
27CApartment21,335$2,650,000$1,985/ft²July 31, 2025City record · MLS
22BApartment1815$1,600,000$1,963/ft²June 5, 2025City record · MLS
TR67Apartment32,756$6,575,555$2,386/ft²June 2, 2025City record · MLS
TR66ApartmentBedroom count not recorded2,756$6,550,000$2,377/ft²May 12, 2025City record
TR65ApartmentBedroom count not recorded2,756$6,436,000$2,335/ft²May 6, 2025City record
43BApartment21,467$3,150,000$2,147/ft²April 21, 2025City record · MLS
42BApartmentBedroom count not recorded1,467$3,117,825$2,125/ft²January 6, 2025City record
23BApartment21,615$3,000,000$1,858/ft²December 19, 2024City record · MLS
49BApartment11,189$2,523,625$2,122/ft²December 3, 2024City record · MLS
11DApartmentBedroom count not recorded1,207$2,485,000$2,059/ft²October 31, 2024City record
54BApartment11,126$2,625,000$2,331/ft²September 23, 2024City record · MLS
19AApartment21,446$2,995,000$2,071/ft²September 10, 2024MLS
45BApartment21,467$3,410,000$2,324/ft²May 23, 2024City record · MLS
18AApartment21,446$2,637,500$1,824/ft²May 21, 2024City record · MLS
35BApartment21,518$3,575,000$2,355/ft²May 9, 2024City record · MLS
11CApartment21,347$2,825,000$2,097/ft²May 3, 2024MLS
11C/PH70Apartment56,735$24,550,000$3,645/ft²May 2, 2024City record · MLS
11AApartment21,433$2,425,000$1,692/ft²April 15, 2024City record · MLS
47BApartment11,190$2,650,000$2,227/ft²March 22, 2024City record · MLS
52BApartment11,126$2,600,000$2,309/ft²December 6, 2023City record · MLS
50BApartment11,190$2,530,000$2,126/ft²October 25, 2023City record · MLS
44AApartment21,406$3,450,000$2,454/ft²October 10, 2023City record · MLS

Showing the 40 most recent of 76 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

The median closed price for comparable condo three-bedroom sales in Turtle Bay is $2,675,000, based on 18 sales between September 2024 and July 2026. This home is asking $6,895,000, $4,220,000 above that median. The middle half of those sales closed between $2,252,500 and $2,843,750.

Median closed price
$2,675,000
Middle half
$2,252,500 – $2,843,750
Based on
18 condo three-bedroom sales in Turtle Bay
Period
September 2024 – July 2026
Median $/ft²
$1,318/ft²

Across the 16 of these sales with a published asking price, the median closed at 89.4% of what it originally asked. 100% of them closed below the original ask.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Turtle Bay instead.

How these sales were negotiated

Sold vs original ask
89.4% of the original ask
Closed below ask
100% of 16 sales
Listed → in contract
164 days (about 23 weeks)
In contract → closed
60 days (about 9 weeks)

Across the 16 of these sales with a published asking price, the median closed at 89.4% of what it originally asked. 100% of them closed below the original ask.

Half of these homes were in contract within 164 days (about 23 weeks) of coming to market, based on the 16 with a recorded listing date.

Once a deal was agreed, closing took a further 60 days (about 9 weeks), based on the 16 with both dates recorded.

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.

Based on 18 condo three-bedroom sales in Turtle Bay, September 2024 – July 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

Price trend

Median price per square foot for sales at The Centrale, 2020 to 2026. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year.

Median $/ft² by year for sales at The Centrale, 2020 to 2026, with the number of sales behind each year
YearMedian $/ft²Sales
2020$2,059/ft²17
2021$2,020/ft²31
2022$1,971/ft²16
2023$2,167/ft²14
2024$2,175/ft²10
2025$2,147/ft²11
2026$2,100/ft²6

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.

Price and Property History for 138 East 50TH Street, Unit 64

Review the recorded listing activity for 138 East 50TH Street, Unit 64, including asking-price changes and prior market dates.

Latest price change
Reduced by $1,030,000, or 13%, on January 6, 2025
Originally listed
June 25, 2024 at $7,925,000
Entered contract
August 27, 2025
Listing and price history for 138 East 50TH Street, Unit 64
DatePriceListing event
$6,895,000Entered contract
$6,895,000Asking price reduced by $1,030,000, or 13%
$7,925,000Listed for sale by Douglas Elliman Real Estate

About The Building

The Centrale
Turtle Bay · Condominium

The Centrale

138 East 50th Street, New York, NY 10022

A building in Turtle Bay, currently featuring 8 active listings.

YEAR BUILT2019
TOTAL UNITS8
FLOORS62

Interested in The Centrale?

Consult Régis for private buyer guidance, off-market opportunities, building financials, board package requirements, closing costs, and potential Buyer Savings.

Available Residences

FOR SALE (8)
64332,756 sqft$2,502
$6,895,000(-13%)
In contract
Douglas Elliman Real EstateJun 25, 2024805 days
26A121,038 sqft$1,926
$1,999,000
Douglas Elliman Real EstateSep 8, 2025365 days
53A231,636 sqft$2,075
$3,395,000(-2.9%)
Douglas Elliman Real EstateOct 5, 2025338 days
12C221,343 sqft$1,843
$2,475,000
In contract
Douglas Elliman Real EstateNov 11, 2025301 days
40B231,467 sqft$2,382
$3,495,000
CompassNov 20, 2025292 days
69332,705 sqft$2,440
$6,600,000
Douglas Elliman Real EstateMay 27, 2026104 days

Estimated Monthly Payment

$41,661/ month
Principal & Interest$34,86584% of totalCommon Charges$6,79616% of total
Down Payment$1,379,000 (20%)
Interest Rate6.5%
Loan Term
Principal & Interest
$34,865
Common Charges
$6,796

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

Neighborhood Context

Nearby Schools

High School of Art and Design0.35 miles
Lyceum Kennedy International School0.35 miles
Browning School0.63 miles
Repertory Company High School for Theatre Arts0.67 miles
The River School0.8 miles

* Distances are approximate line-of-sight metrics.

Location Context

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.
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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.