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$537,000

342 East 50th st

342 East 50th st

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Eli Levi

Eli Levi

Mobile #: (917) 770-7332

Email: [email protected]

342 East 50th st

$537,000 | 342 East 50th St, New York, NY 10022

One of Midtown East’s most compelling condo opportunities, this bright and distinctive one-bedroom combines exceptionally low common charges, low real estate taxes, and an investor-friendly ownership policy — a rare combination in the neighborhood.

Set within an intimate three-story prewar brownstone condominium on a quiet, tree-lined residential block, the apartment offers a warm, loft-like character highlighted by a massive skylight and vaulted ceiling that flood the main living space with natural light throughout the day.

The open kitchen is remarkably well equipped, featuring a large island/breakfast bar, stone countertops, generous cabinetry, and a complete suite of appliances. The kitchen includes a two-burner electric cooktop with dedicated exhaust ventilation, dishwasher, refrigerator, microwave, and in-unit washer/dryer, making it exceptionally functional for a home of this size. The additional convection microwave adds far more cooking versatility than a standard microwave, with the ability to bake, roast, and crisp in addition to reheating.

The quiet bedroom comfortably accommodates a queen-size bed and offers generous closet storage. The updated full bathroom is another standout, featuring its own skylight and bringing natural light into a space where it is rarely found.

The boutique three-story condominium retains the charm and character of its prewar architecture while offering beautifully updated common areas. Ideally situated in Midtown East near the United Nations, the home is surrounded by restaurants, cafés, shopping, neighborhood conveniences, and excellent public transportation.

With unusually low carrying costs, dramatic natural light, two skylights, a vaulted ceiling, in-unit washer/dryer, a fully equipped kitchen, and flexible investor-friendly ownership, this is a unique opportunity for a primary residence, pied-à-terre, or investment property.

Please note: Select images have been virtually staged for visualization purposes to help illustrate the apartment’s potential. The flooring has also been virtually presented in a light white-oak finish; the apartment’s current flooring features a grey and white tone. No structural changes are represented in the staged images.

Contact me for additional details, current-condition photos, or to schedule a private showing.

  • For Sale

    Status
  • 1

    Bedrooms
  • 1

    Bath
  • 417 Sq.Ft.

    Living Area

Features & Amenities

Area & Lot

Status:
For Sale
Living Space:
417 Sq.Ft.
Type:
Condo
Neighborhood:
Sutton Place

Interior

Total Bedrooms:
1
Total Bathrooms:
1
Full Bathrooms:
1

Exterior

Stories:
3 Floors

Financial

Sales Price:
$537,000
Real Estate Taxes:
$7,500/yr
Maintenance Fee:
$433/mo

Sutton Place

With a sense of calm and solitude permeating the streets, Sutton Place offers beautiful views of the East river and a historical presence.

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Work With Eli

Eli is a consistent top producer who acts as both an ally and collaborative partner to his clients. Specializing in helping sellers achieve their goals in the shortest timeline, his abiding motto is to deliver "the right price, at the right time, with the least amount of stress".

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