# 249 East 50th Street, Manhattan

Condominium · 27 units · built 2019 · Block 1324, Lot 7502.

On Umarelli: https://umarelli.org/nyc/1013247502/249-east-50-street

More construction in Midtown East: https://umarelli.org/nyc/manhattan/midtown-east.md

## Building permits

- Alteration, filed Jul 17, 2020, estimated cost $1K, described as “Installation of temporary (20'-156') high pipe scaffold at various levels for new building construction work as per plan. No change in use egress or occupancy,pipe scaffold shall comply with CHAPTER#33 of 2014 the ny building code.”
- Alteration, filed Jul 8, 2020, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of the NYC building code. Live load 300PSF.”
- Alteration, filed Jul 8, 2020, estimated cost $1K, described as “Installation of temporary construction fence as per plans. No change in use, occupancy or egress.”
- Alteration, filed Aug 6, 2018, described as “Installation of pipe scaffold as per plans. No change in use, egress or occupancy.”
- Alteration, filed Aug 2, 2018, described as “Installation of fence as per plans. No change in use, egress or occupancy.”
- Alteration, filed Aug 2, 2018, described as “Installation of heavy duty sidewalk shed as per plans. No change in use, egress or occupancy.”

## Property taxes

- Assessment: $6,255,906
- 2026–27 tax: $744,754
- Market value (city estimate): $13,902,002
- Taxable value: $5,987,248
- Assessed land: $1,464,756
- Assessed improvements: $4,791,150
- Condo units with their own tax lots: 27

## Zoning

R8B (part of the lot is C1-9): floor area ratio 6.54 built, above the 4.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Aug 1, 2025: $3,425,000, Apt 12
- Jun 22, 2023: $975,000, Apt 3D
- May 9, 2023: $3,600,000, Apt 16
- Nov 10, 2022: $3,164,325, Apt TH2
- Nov 10, 2022: $970,320, Apt 3D
- Nov 10, 2022: $1,686,411, Apt 5B
- Nov 10, 2022: $1,104,944, Apt 6A
- Nov 10, 2022: $983,784, Apt 6C
- Nov 10, 2022: $2,877,686, Apt 9
- Nov 10, 2022: $2,787,053, Apt 10

The 10 most recent of 20 open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## In the news

[249 East 50th Street Completes Construction in Turtle Bay, Manhattan](https://newyorkyimby.com/2022/06/249-east-50th-street-completes-construction-in-turtle-bay-manhattan.html), New York YIMBY, Jun 5, 2022.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology