---
title: "345 East 50th Street #PHB, New York City, NY 10022"
description: "345 East 50th Street #PHB, New York City, NY 10022 — Turtle Bay, New York City, NY. Listing Price $3,490,000. 2 bed, 3 bath, 1,597 sqft Illustrative Buyer Commission Share of $52,350 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/345-east-50th-street-phb-PHB-ny-10022"
source: "Real Estate Rebate Team"
status: "Active"
---

# 345 East 50th Street #PHB, New York City, NY 10022

Turtle Bay, New York City, NY

**New Development · Sponsor Residence**

Courtesy of Douglas Elliman Real Estate

## At a Glance

- **Listing Price**: $3,490,000
- **Beds**: 2
- **Total Baths**: 3
- **Sqft**: 1,597
- **Common Charges**: $4,242 / mo
- **Price per Sqft**: $2,185
- **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**: $3,490,000
- **Illustrative Buyer Commission Share**: -$52,350*
- **Illustrative Net Cost**: $3,437,650

*Illustrative Buyer Savings of $52,350 — 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)

![345 East 50th Street #PHB, New York City, NY 10022 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8742ff25-21ec-4255-bd8e-6aac57a4d22e.jpg)
![345 East 50th Street #PHB, New York City, NY 10022 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ae84e9e8-afbd-4a31-94ca-3ce0d5c7d350.jpg)
![345 East 50th Street #PHB, New York City, NY 10022 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a2bcc0ed-266e-4df7-a8c4-5d983024af1c.jpg)
![345 East 50th Street #PHB, New York City, NY 10022 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2422d04a-94d4-438a-ad81-1304f388d62a.jpg)
![345 East 50th Street #PHB, New York City, NY 10022 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f388c468-d9f9-4094-99f8-a0943285eeef.jpg)
![345 East 50th Street #PHB, New York City, NY 10022 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/abd04af5-e898-4afa-9ec6-266d80aadbcb.jpg)
![345 East 50th Street #PHB, New York City, NY 10022 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8d0bf72a-56d6-4daa-9731-eafb0f52fb3c.jpg)
![345 East 50th Street #PHB, New York City, NY 10022 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/459b1753-ae7b-4297-b7d7-343064213767.jpg)
![345 East 50th Street #PHB, New York City, NY 10022 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bd087237-51f7-4119-a114-945c284de329.jpg)
![345 East 50th Street #PHB, New York City, NY 10022 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/aeaf1674-d451-4f38-b463-ef0c834656cc.jpg)

## Property Overview

Expansive Private Outdoor Terrace in the HEART of Manhattan!

 Welcome to one of the largest and most exclusive outdoor entertaining areas in NYC. This stunning duplex penthouse offers an unparalleled 1,700 sq. ft. of outdoor living including a newly renovated outdoor kitchen, spread across five terraces, each designed for luxurious relaxation and entertainment.

 As you step off your private elevator, you are greeted by a glamorous, sun-drenched living space that flows seamlessly into an expansive, south-facing terrace. The open-concept living, dining, and kitchen area is perfect for hosting, featuring high ceilings, upscale finishes, and floor-to-ceiling windows that bathe the space in natural light.

 The chef's kitchen is a masterpiece, fully renovated and equipped with premium appliances including a Subzero refrigerator, Bosch oven, Miele steamer and espresso maker, and a Fisher & Paykel dishwasher. A newly designed fireplace and integrated surround sound system enhance the ambiance, while central air and an in-unit washer and dryer provide modern convenience.

 Both of the two spacious bedrooms have direct access to their own private terraces, offering a peaceful retreat with serene views. The primary bath, also fully renovated, is the epitome of relaxation, featuring Chroma therapy showers and radiant-heated floors.

 The outdoor spaces are truly exceptional, boasting 360-degree views of Manhattan that will take your breath away. Two private roof terraces, completely renovated with blue stone flooring, are equipped with a full outdoor kitchen, BBQ, wine refrigerator, and warming drawers-perfect for hosting unforgettable gatherings or simply enjoying a quiet moment in your zen-like oasis.

 Designed by renowned architect Adam Kushner, this boutique condominium seamlessly blends historic elegance with modern luxury. Located on a quiet, tree-lined street in the coveted Beekman District, residents enjoy 24-hour doorman service, a newly renovated gym and yoga room, and additional storage options.

  Please note there is an assessment of $549/month running through 3/27

## Property Details

- **Property Type**: Duplex
- **Beds**: 2
- **Total Baths**: 3
- **Rooms**: 5
- **Sqft**: 1,597 sqft
- **Stories**: 7
- **Year Built**: 1900
- **Price per Sqft**: $2,185
- **Common Charges**: $4,242 / Monthly
- **Listed On**: Apr 14, 2026
- **Days on Market**: 146 Days

### Residence Features

- In Unit
- Private Outdoor Space Over 60 Sqft
- Dining Area
- City Lights
- City
- Park/Greenbelt
- River

## Buying in a new development?

Before you visit the sales gallery, understand the broker registration rule. In many buildings the sponsor will only compensate a buyer’s broker who accompanied you on your first visit or registered you in writing beforehand. The sales team you meet at the door works for the developer, and once you have toured on your own that introduction is very hard to undo.

[Why You Need Your Own Broker Before Your First Visit](https://realestaterebatesnewyork.com/guides/new-development-buyer-broker-nyc)

## Sales Evidence

### Recent closed sales

6 apartments at M at Beekman Condo have recorded sales since September 2021, the most recent for $970,000 in July 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [5C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/345-east-50th-street-c-5C-ny-10022) (Apartment) | 1 | 1,247 | $970,000 | $778/ft² | July 28, 2026 | MLS |
| 4F (Apartment) | 2 | 1,475 | $1,675,000 | $1,136/ft² | September 20, 2024 | City record · MLS |
| 3C (Duplex) | 1 | 1,328 | $1,050,000 | $791/ft² | April 5, 2024 | City record · MLS |
| 5B (Apartment) | 1 | 1,212 | $1,085,000 | $895/ft² | September 2, 2022 | City record · MLS |
| 6-E (Apartment) | 1 | — | $1,350,000 | — | August 22, 2022 | City record · MLS |
| 2-F (Apartment) | 2 | 1,713 | $1,662,500 | $971/ft² | May 10, 2022 | City record · MLS |

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 two-bedroom sales in Turtle Bay is $1,823,462, based on 84 sales between October 2024 and June 2026. This home is asking $3,490,000, $1,666,538 above that median. The middle half of those sales closed between $1,500,000 and $2,203,651.

- **Median closed price**: $1,823,462
- **Middle half**: $1,500,000 – $2,203,651
- **Based on**: 84 condo two-bedroom sales in Turtle Bay
- **Period**: October 2024 – June 2026
- **Median $/ft²**: $1,363/ft²

Across the 75 of these sales with a published asking price, the median closed at 94.4% of what it originally asked. 80% 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**: 94.4% of the original ask
- **Closed below ask**: 80% of 75 sales
- **Listed → in contract**: 96 days (about 14 weeks)
- **In contract → closed**: 64 days (about 9 weeks)

Across the 75 of these sales with a published asking price, the median closed at 94.4% of what it originally asked. 80% of them closed below the original ask.

Half of these homes were in contract within 96 days (about 14 weeks) of coming to market, based on the 78 with a recorded listing date.

Once a deal was agreed, closing took a further 64 days (about 9 weeks), based on the 78 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 84 condo two-bedroom sales in Turtle Bay, October 2024 – June 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median sold price for condo and house two-bedroom sales in Turtle Bay, 2016 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth.

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2016 | $2,372,495 | 20 |
| 2017 | $2,574,902 | 46 |
| 2018 | $1,825,000 | 27 |
| 2019 | $1,770,000 | 26 |
| 2020 | $1,342,500 | 18 |
| 2021 | $1,969,500 | 58 |
| 2022 | $1,800,000 | 47 |
| 2023 | $1,749,000 | 27 |
| 2024 | $1,980,000 | 43 |
| 2025 | $1,725,000 | 49 |
| 2026 | $1,999,000 | 19 |

This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Turtle Bay instead.

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 M at Beekman Condo](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/m-at-beekman-condo)

## Price and Property History for 345 East 50TH Street, Unit PHB

Review the recorded listing activity for 345 East 50TH Street, Unit PHB, including asking-price changes and prior market dates.

- **Last sold**: $3,800,000 on November 22, 2013

| Date | Price | Listing event |
| --- | --- | --- |
| April 14, 2026 | $3,490,000 | Listed for sale by Douglas Elliman Real Estate |
| November 22, 2013 | $3,800,000 | Sold |
| February 26, 2013 | $3,800,000 | Listed for sale by Elliman |

## Property Tax History

Taxes at 345 East 50th Street #PHB were $29,445 in 2026, up 6.6% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $263,302 | $33,234 | $230,068 | $235,560 | $29,445 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $246,203 | $33,234 | $212,969 | $221,018 | $27,627 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $231,569 | $33,234 | $198,335 | $214,404 | $26,801 | 12.5% |
| 2023 (FY 2023/24) | $226,048 | $33,234 | $192,814 | $208,481 | $26,064 | 12.502% |
| 2022 (FY 2022/23) | $221,786 | $33,234 | $188,552 | $202,616 | $24,855 | 12.267% |
| 2021 (FY 2021/22) | $190,589 | $33,234 | $157,355 | $190,589 | $23,319 | 12.235% |
| 2020 (FY 2020/21) | $213,129 | $33,234 | $179,895 | $192,613 | $23,628 | 12.267% |
| 2019 (FY 2019/20) | $201,953 | $33,234 | $168,719 | $183,418 | $22,878 | 12.473% |
| 2018 (FY 2018/19) | $185,630 | $33,234 | $152,396 | $171,250 | $21,598 | 12.612% |
| 2017 (FY 2017/18) | $189,972 | $33,234 | $156,738 | $165,254 | $21,019 | 12.719% |
| 2016 (FY 2016/17) | $172,391 | $33,235 | $139,156 | $157,110 | $20,255 | 12.892% |
| 2015 (FY 2015/16) | $167,164 | $33,235 | $133,929 | $163,137 | $21,017 | 12.883% |
| 2014 (FY 2014/15) | $141,112 | $33,234 | $107,878 | $166,985 | $21,466 | 12.855% |
| 2013 (FY 2013/14) | $155,639 | $33,234 | $122,405 | $178,540 | $23,469 | 13.145% |
| 2012 (FY 2012/13) | $149,261 | $33,235 | $116,026 | $186,490 | $24,581 | 13.181% |
| 2011 (FY 2011/12) | $215,890 | $33,234 | $182,656 | $214,978 | $28,878 | 13.433% |
| 2010 (FY 2010/11) | $202,087 | $33,235 | $168,852 | $224,333 | $29,955 | 13.353% |

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 1013431423. 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

### M at Beekman Condo

345 East 50th Street, New York, NY 10022

A building in the neighborhood, currently featuring 2 active listings.

- **Year Built**: 1900
- **Total Units**: 2
- **Floors**: 7

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

### Available Residences — For Sale (2)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [PHB](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10022/345-east-50th-street-phb-PHB-ny-10022) | 2 | 3 | 1,597 sqft | $2,185 | $3,490,000 | Douglas Elliman Real Estate | Apr 14, 2026 | 146 days |
| [5C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/345-east-50th-street-c-5C-ny-10022) | 1 | 2 | 1,247 sqft | $778 | $970,000 (-2.9%) | The Agency Brokerage | Apr 1, 2026 | 159 days |

## Estimated Monthly Payment

**$21,889 / month**, assuming a 20% down payment ($698,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $17,647
- **Common Charges**: $4,242

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

## This is a new development purchase

Buying from a sponsor carries closing costs a resale does not. The New York City and New York State transfer taxes are the seller’s in a resale and are passed to the purchaser in most offering plans, and the sponsor’s attorney fee and any working capital contribution sit on top of that. Together they commonly add 2% or more of the purchase price.

- [Estimate these costs](https://realestaterebatesnewyork.com/calculators/new-development-closing-cost-calculator)
- [What sponsor buyers pay](https://realestaterebatesnewyork.com/new-development-closing-costs-nyc)
- [More new developments](https://realestaterebatesnewyork.com/new-developments)

## 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

- [M at Beekman Condo — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/m-at-beekman-condo)
- [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.