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Condo Unit for Sale in Midtown East – 235 East 49th Street

Address: 235 East 49th Street, New York, NY, 10017
Asking Price: $1,250,000
Sale Type: Investment or Owner-User
Type: 2-Star Mid-Rise Condominium Apartment
Location: Urban – Midtown East / Central Business District (CBD)
Total Units in Building: 75
Stories: 11
Building Class: C
Gross Building Area (GBA): 73,800 SF
Typical Floor Plate: 7,500 SF
Units per Acre: 357/AC
Affordable Component: Includes Affordable Units
Rent Type: Market Rate & Affordable
Buildings: 1
Market Segment: All User Types (Investor or Owner-Occupant)

Property Overview:

Located in the heart of Midtown East, 235 East 49th Street offers a rare opportunity to acquire a residential condo in an established, 75-unit mid-rise building. Whether you are an investor looking for stable income or an end user seeking a full-time or pied-à-terre residence, this property delivers flexibility, location, and value within Manhattan’s Central Business District.

Investment & Ownership Highlights:

✔ Asking Price: $1,250,000 – accessible entry into prime Manhattan condo ownership
✔ Versatile Use Case: Ideal for owner-occupants, investors, or 1031 exchange buyers
✔ Midtown East Location: Conveniently located near the UN, Grand Central, and corporate headquarters
✔ Mixed-Rent Profile: Building includes both market-rate and affordable housing components
✔ Building Amenities: Elevator, professional management, and well-maintained infrastructure
✔ Building Stats: 11 stories, 75 units, and a total GBA of 73,800 SF

Location Advantages:

✔ Walking distance to Grand Central Terminal, the United Nations, and 2nd & 3rd Avenue business corridors
✔ Near 4, 5, 6, E, and M subway lines for convenient citywide access
✔ Surrounded by cafes, consulates, restaurants, and daily amenities

Conclusion:

235 East 49th Street offers a compelling Midtown opportunity for both investors and end users. With a competitive price point, flexible usage potential, and a prime CBD location, this condo is an ideal foothold in Manhattan’s ever-resilient residential market.

Contact us today for unit specifications, financials, or to schedule a private tour.