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The Centrale

138 East 50th Street, 40-B

Turtle Bay, Manhattan | Lexington Ave & Third Ave

5 Rooms2 Beds2.5 Baths1,467 Square FeetCondo

$3,495,000
Common Charges$3,390
RE Taxes$2,103
Price Per SF
$2,382

Listing Features

  • Corner Apartment
  • Entry Foyer
  • Separate Dining Area
  • Split Bedrooms
  • Walk-in Closet
  • Washer / Dryer
  • Flr-to-Clg Windows
  • Window Treatments
  • Center Island
  • Dishwasher
  • Eat-in Kitchen
  • Gourmet Kitchen
  • Open Kitchen
  • Double Vanity
  • En Suite Bathroom
  • Heated Floors
  • Powder Room
  • Soaking Tub
  • Stall Shower

Outdoor space and views

  • Terrace
  • Chrysler Building
  • City Views
  • East Exposure
  • North Exposure
  • South Exposure

Building Amenities

  • Full Service
  • Driveway
  • Elevator
  • Facility Kitchen
  • Fitness Facility
  • Pool
  • Resident Lounge
  • Roof Deck
  • Steam Room

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 138 East 50th Street, 40-B

Enjoy iconic NYC living here at The Centrale, in the heart of Manhattan. Enter this elegant two-bedroom, two-and-a-half-bath residence through a sophisticated foyer that immediately sets the tone of modern refinement. Designed by Champalimaud, the expansive living and dining area is splashed in sunshine from floor-to-ceiling windows, enjoying a vibrant view of the City skyline. The chef’s kitchen features Capri marble countertops, backsplash and a quartz island with breakfast bar seating. Premier Gaggenau appliances are complemented by Dornbracht fixtures. Upgrades include: custom window treatments, built-in closets, and a high design quartz island. The serene primary suite offers a world class view of the Chrysler Building. Bedroom features an expansive walk-in closet, five-fixture en-suite bathroom with a deep soaking tub for relaxation, stately shower, European toilet, heated floors and sophisticated marble finishes. Second bedroom is generously sized, with inspirational NYC views and a zen en-suite bathroom. Home is complete with a striking powder room, Nest thermostat and Bosch washer/dryer. Residents of The Centrale are welcomed via a private porte-cochère with a full service staff and 24-hour attended lobby. Luxurious amenities include a private terrace, 75-foot lap pool, fitness center with yoga studio, great room, private dining room and club room. Welcome home!

Listing History for 138 East 50th Street, 40-B

Now
11/20/2025
$3,495,000
Initial Price by Lynne Mazin
Compass
2025

Building Details for 138 East 50th Street

OwnershipCondo
Building TypeHigh-Rise
Service LevelFull Service
AgePost-War
AccessElevator
Year Built2020
Financing Allowed90%
Floors/Apts63/124
Learn More About the Building

Transit and Citi Bike

Subway

51 St
0.1 miles
Lexington Av/53 St
0.2 miles
5 Av/53 St
0.35 miles
Grand Central-42 St
0.37 miles

Railroad

Grand CentralLong Island Rail Road
0.19 miles
Grand CentralMetro-North Railroad
0.33 miles

Citi Bike

E 48 St & 3 Ave
0.08 miles
E 51 St & Lexington Ave
0.1 miles

Building Availability

APPSF
Median
Average
$2,152
$2,745,000
$2,745,000
$1,956
$2,475,000
$2,631,667
Last 12 months
$2,073
-
-
$142
$7,480
$17,493
Last 12 months
$112
-
-

Two Beds in Turtle Bay

APPSF
Median
Average
$1,739
$2,200,000
$2,274,979
$1,482
$1,545,000
$1,779,619

Turtle Bay | Manhattan

Quick Profile

Turtle Bay is best known for hosting the world’s dignitaries at United Nations once a year as the world institution sits on the eastern edge of the neighborhood along the East River.

But this midtown location offers a lot more, a bustling neighborhood teeming with high-rise apartment buildings and an easy walk to the Midtown business district.

Over the past two decades, developers have assembled almost every corner development site along Second Avenue and have built straight up. Not much left to assemble.

Some of the more glamorous, and of course most expensive, addresses are in close proximity to the United Nations. Trump World Tower, which caused a big stir with area residents, in particular, Walter Cronkite, when it was built sits just north of the United Nations Grounds. 

In contrast to the proliferation of the residential highrise, Turtle Bay does have some lovely tree-lined streets between the avenues. In particular, Turtle Bay Gardens, which fronts both 48th Street and 49th Street between Third and Second Avenue has always been a haven for the rich and famous.

Similar Listings in Turtle Bay

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.
OLR ID: 1973258