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342 East 50th Street
Last updated on Apr 3, 2026

342 East 50th Street

Intimate 8-unit townhouse condominium in Midtown East with low carrying costs and investor-friendly leasing policies. Renovated apartments feature modern finishes, high ceilings, and flexible rental options with minimal board restrictions.

342 East 50th Street Location Map
Unit #
Beds
Baths
Size
Closing Price
Price / Ft2
Asking Price
Sold on
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Overview of 342 East 50th Street

342 East 50th Street is a charming four-story condominium townhouse located in the heart of Midtown East, just steps away from the United Nations and a variety of dining and shopping options. This intimate building features eight units, providing a cozy atmosphere while still being conveniently close to public transportation. The property is known for its low monthly carrying costs and investor-friendly policies, making it an attractive option for both homeowners and investors alike.

The apartments at 342 East 50th Street are characterized by their recent renovations and modern amenities. Many units feature high ceilings, hardwood floors, and large windows that allow for abundant natural light. Kitchens are typically equipped with stainless steel appliances, granite countertops, and breakfast bars, while bathrooms often include stylish finishes such as hexagon Carrara honed mosaic tiles. The building also allows for washer-dryer installations with board approval, enhancing the convenience for residents.

Notably, the building has a part-time super and porter on staff, ensuring that residents receive assistance when needed. Leasing is permitted without board approval, with a minimum rental period of 30 days, although short-term rentals like Airbnb are not allowed. This flexibility, combined with the building's prime location and well-designed living spaces, makes 342 East 50th Street a desirable choice for those looking to experience the vibrancy of New York City living.
Doorman
None
Type
Condo
Year Built
1920
Converted: 2006
Apartments
Floors
4
Neighborhood
Min Down
20%

Amenities

  • Pre War
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  1. M
  2. 6
  3. E
at Lexington Ave and 53rd 0.26 miles

Sales Summary

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Sales History by Apartment Size

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Pricing Comparison of Similar Buildings

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