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.

Recent Sales (2) $1,205 Avg. price/ft²
All Units in Building (15)

Apt. 3/2A

Studio

1 bath

421 ft²

$485,000

$1,152

Oct 28, 2024

Apt. 3/2A

Studio

1 bath

421 ft²

$530,000

$1,259

Aug 11, 2023

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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

15 (view all units)

Floors

Neighborhood

Midtown East (Manhattan)

Min Down

20%

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Amenities

Pre War

Area Map StreetView

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at Lexington Ave and 53rd 0.26 miles

Sales History

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Editorial Coverage

255 East 77th Street

between Second Avenue & Third Avenue

Lenox Hill

A masterwork by Robert A.M.Stern on the UES. Two- to six-bed condos with grand proportions and Central Park views. Selling Quickly | 2026 Occupancy.

6+ beds starting at $25,770,000

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RLS IDX Data display by CityRealty.com, LLC. 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.

All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.

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An equal housing opportunity

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342 East 50th Street

Overview of 342 East 50th Street

Maps &3D Aerial Views

Amenities

Sales History

Sales Summary

Sales History by Apartment Size

Pricing Comparison of Similar Buildings

Editorial Coverage

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Market Data

Market Insight

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