---
title: "138 East 50th Street #12C, New York City, NY 10022"
description: "138 East 50th Street #12C, New York City, NY 10022 — Turtle Bay, New York City, NY. Last Sold Price $2,300,000. Sold on 8/25/2026. 2 bed, 2 bath, 1,343 sqft"
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/138-east-50th-street-c-12C-ny-10022"
source: "Real Estate Rebate Team"
dateModified: "2026-09-09T14:02:34.591Z"
status: "Closed"
---

# 138 East 50th Street #12C, New York City, NY 10022

Turtle Bay, New York City, NY

**Sponsor Residence**

Courtesy of Douglas Elliman Real Estate

Last updated: September 9, 2026, 10:02 AM

## At a Glance

- **Last Sold Price**: $2,300,000
- **Status**: Sold on 8/25/2026
- **Beds**: 2
- **Baths**: 2
- **Sqft**: 1,343
- **Common Charges**: $2,772 / mo
- **Price per Sqft**: $1,713
- **Brokerage Fee**: Share Eligible

This listing was successfully closed and is no longer active on the market.

[Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

## Photos (10)

![138 East 50th Street #12C, New York City, NY 10022 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/df6f4c88-7577-4c4f-9ecd-4c01c6c164af.jpg)
![138 East 50th Street #12C, New York City, NY 10022 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bc92e8fc-aa5b-4e85-9a24-45d40c859c0f.jpg)
![138 East 50th Street #12C, New York City, NY 10022 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/60081c12-99b7-4e3d-82ca-69362facf049.jpg)
![138 East 50th Street #12C, New York City, NY 10022 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7523f3b5-4909-405a-88cc-90370fce6e8d.jpg)
![138 East 50th Street #12C, New York City, NY 10022 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f7cfd44c-58f6-4713-9eaf-639afa519aa5.jpg)
![138 East 50th Street #12C, New York City, NY 10022 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1b078bbe-3bcf-4efa-b38d-0cffb2683f01.jpg)
![138 East 50th Street #12C, New York City, NY 10022 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/505e3c69-b6d2-472c-b7f6-97a1f32afb53.jpg)
![138 East 50th Street #12C, New York City, NY 10022 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f5111a79-bd6c-4f54-aacf-a0e018d42f80.jpg)
![138 East 50th Street #12C, New York City, NY 10022 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/819c0871-b55e-40e3-ad79-5829c8e791f0.jpg)
![138 East 50th Street #12C, New York City, NY 10022 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8392572c-fb60-40e3-9d68-29deb13d0848.jpg)

## Property Overview

Immediate Occupancy

 This expansive two bedroom, two bathroom residence designed by Champaulimaud offers southern and north eastern exposures through floor-to-ceiling windows. White oak flooring throughout leads from the entry into an open living and dining concept, complete with a chef's kitchen offering honed Capri marble countertops, backsplash, and a waterfall island with room for seating. The kitchen has a refined aesthetic with streamlined custom white oak millwork that seamlessly integrates a full Gaggenau appliance package, including an undercounter wine refrigerator, complemented by Dornbracht fixtures.

 The master bedroom features an expansive walk-in closet, separate coat closet, and en-suite master bath. The serene marble-clad master bathroom offers Bianco Dolomiti radiant heated flooring underfoot, Marno Illusion stone tiled walls, and a custom vanity with white oak, rift-cut wood veneer millwork, and Marno Illusion countertops, completed with a built-in medicine cabinet, a Kallista Sink and Dornbracht Fixtures. A Nest Learning Thermostat and Bosch washer and dryer complete this elegant residence.

 The grand amenities spaces are personalized with handmade artwork, distinctive marbles, natural stones, and dramatic light fixtures that come together to create an ethereal, intimate feel. Residents arrive to The Centrale through a sheltered porte-cochere or the private residential lobby, which are both attended to 24 hours a day. The formal Great Room, Private Dining Room with Catering Kitchen, the Club Room, and an all-season Club Terrace are perfect for entertaining in any style. A state-of-the-art fitness center overlooks a 75' lap pool, while the yoga room offers a serene respite.

 At 71 stories, The Centrale takes its place alongside Midtown Manhattan's most iconic buildings, encompassing a collection of 124 classic yet undeniably modern residences, envisioned by Champalimaud Design. The Centrale's exterior design by Pelli Clarke Pelli Architects, builds upon classic Art Deco architecture with contemporary elements thoughtfully displayed throughout, including the lightly reflective glass fa?ade articulated with facets of terracotta chevrons. The Centrale reveals its base, body and crown from street to the sky with crystalline switchbacks, creating a dynamic rhythm of angled reflections of the surrounding Midtown landscape.

 The complete terms are in an offering plan available from the Sponsor (File No: CD17-0203).

## Property Details

- **Property Type**: Condominium
- **Beds**: 2
- **Baths**: 2
- **Rooms**: 4
- **Sqft**: 1,343 sqft
- **Stories**: 62
- **Year Built**: 2019
- **Price per Sqft**: $1,713
- **Common Charges**: $2,772 / Monthly
- **Listed On**: Nov 11, 2025
- **Days on Market**: 306 Days

### Residence Features

- Central Air
- Building Other
- Building Roof Deck

## Sales Evidence

### Recent closed 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 (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

The median closed price for comparable two-bedroom sales at The Centrale is $2,650,000, based on 28 sales between December 2021 and May 2026. This home is asking $2,300,000, $350,000 below that median. The middle half of those sales closed between $2,586,750 and $3,194,850.

- **Median closed price**: $2,650,000
- **Middle half**: $2,586,750 – $3,194,850
- **Based on**: 28 two-bedroom sales at The Centrale
- **Period**: December 2021 – May 2026
- **Median $/ft²**: $1,971/ft²

Across the 18 of these sales with a published asking price, the median closed at 88.9% of what it originally asked. 100% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 88.9% of the original ask
- **Closed below ask**: 100% of 18 sales
- **Listed → in contract**: 163 days (about 23 weeks)
- **In contract → closed**: 46 days (about 7 weeks)

Across the 18 of these sales with a published asking price, the median closed at 88.9% of what it originally asked. 100% of them closed below the original ask.

Half of these homes were in contract within 163 days (about 23 weeks) of coming to market, based on the 20 with a recorded listing date.

Once a deal was agreed, closing took a further 46 days (about 7 weeks), based on the 24 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 28 two-bedroom sales at The Centrale, December 2021 – May 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.

| 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 | $1,883/ft² | 7 |

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 12C

Review the recorded listing activity for 138 East 50TH Street, Unit 12C, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $175,000, or 7.1%, on September 9, 2026
- **Originally listed**: November 11, 2025 at $2,475,000
- **Last sold**: $2,300,000 on August 25, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| September 9, 2026 | $2,300,000 | Asking price reduced by $175,000, or 7.1% |
| August 25, 2026 | $2,300,000 | Sold |
| July 20, 2026 | $2,475,000 | Entered contract |
| November 11, 2025 | $2,475,000 | Listed for sale by Douglas Elliman Real Estate |

## Property Tax History

Taxes at 138 East 50th Street #12C were $29,530 in 2026, up 5.4% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $270,647 | $18,425 | $252,222 | $236,237 | $29,530 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $243,186 | $18,425 | $224,761 | $224,110 | $28,014 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $228,740 | $18,425 | $210,315 | $217,476 | $27,185 | 12.5% |
| 2023 (FY 2023/24) | $218,854 | $18,425 | $200,429 | $213,731 | $26,721 | 12.502% |
| 2022 (FY 2022/23) | $219,764 | $18,425 | $201,339 | $211,963 | $26,002 | 12.267% |
| 2021 (FY 2021/22) | $210,013 | $18,425 | $191,588 | $210,013 | $25,695 | 12.235% |
| 2020 (FY 2020/21) | $221,011 | $18,425 | $202,586 | $221,011 | $27,111 | 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.

Figures are the New York City Department of Finance assessment roll for tax lot 1013041108. 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 9 active listings.

- **Year Built**: 2019
- **Total Units**: 9
- **Floors**: 62

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

### Available Residences — For Sale (9)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [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 (-7.1%) | Douglas Elliman Real Estate | Nov 11, 2025 | 305 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 | 809 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 | 369 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 | 351 days |
| [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 (-2.9%) | Douglas Elliman Real Estate | Oct 5, 2025 | 342 days |
| [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 | 296 days |
| [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 | 108 days |
| [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 (-3.5%) | Douglas Elliman Real Estate | Jun 10, 2026 | 94 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 | 54 days |

## Estimated Monthly Payment

**$14,402 / month**, assuming a 20% down payment ($460,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $11,630
- **Common Charges**: $2,772

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

## Neighborhood Context

### Nearby Subways

- **Lexington Av/51-53 Sts** (Lexington Av) — 0.06 mi • 2 min walk
- **5 Av/53 St** (Queens Blvd) — 0.27 mi • 6 min walk
- **Grand Central-42 St** (Lexington Av) — 0.37 mi • 8 min walk
- **Lexington Av/59 St** (Lexington Av) — 0.51 mi • 11 min walk
- **42 St-Bryant Pk/5 Av** (Flushing) — 0.53 mi • 11 min walk

Distances are approximate. Walking routes may vary.

## Turtle Bay

Overview of Turtle Bay

[Explore Turtle Bay](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/turtle-bay) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Turtle Bay

- [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)
- [Turtle Bay neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/turtle-bay)
- [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.
