Midtown East Homes under $500,000

Welcome to Midtown East, a vibrant and dynamic neighborhood nestled in the heart of Manhattan, New York. Known for its iconic skyline and bustling atmosphere, Midtown East offers a unique blend of urban sophistication and residential charm. With its proximity to world-renowned landmarks like the United Nations Headquarters and Grand Central Terminal, this area is a hub of activity, making it an ideal location for both professionals and families alike.

Midtown East is characterized by its diverse architecture, featuring everything from historic brownstones to modern high-rise condominiums. The streets are lined with an array of dining options, from quaint cafes to upscale restaurants, catering to every palate. Additionally, the neighborhood boasts an impressive selection of shopping venues, including boutique stores and major retailers, ensuring that residents have access to everything they need right at their doorstep.

For those seeking homeownership in this bustling area, Midtown East offers a variety of options, including charming co-ops and condos priced under $500,000. These homes provide an excellent opportunity for first-time buyers or those looking to invest in the New York real estate market without breaking the bank. Living in Midtown East means enjoying a vibrant lifestyle with easy access to public transportation, parks, and cultural attractions, all while being part of one of the most exciting cities in the world.

Explore the possibilities that Midtown East has to offer, where urban living meets comfort and convenience, and discover your perfect home in this iconic neighborhood!

Newest Midtown East Homes under $500,000

$425,000

1 Baths ⋅ RLS20117874 MLS

Well-Proportioned Alcove Studio in a Quiet, Garden-Facing Setting Welcome to 4A at 240 East 55th Street, a well-proportioned alcove studio with a comfortable and functional layout in a prime Midtown location. The dedicated sleeping alcove creates a natural separation between the living and sleeping areas, offering a practical alternative to a traditional studio layout. The apartment features a south-facing exposure overlooking a quiet garden, offering a peaceful setting away from the bustle of the city. Generous closet space adds valuable storage, making this a particularly practical home for its size. 240 East 55th Street is an intimate cooperative of just under 100 units featuring a part-time doorman, live-in superintendent, full-time porter, laundry room, and common storage and bike room. The building offers a flexible board policy, allowing pied-à-terres, co-purchases, parents purchasing for children, guarantors, and gifted purchases. After one year of residency, shareholders may sublet indefinitely. There is no flip tax. Cats are welcome; sorry, no dogs. Ideally located in Midtown East, the building is surrounded by an excellent array of shopping, dining, fitness, and transportation options. Whole Foods, Equinox, Bloomingdale's, Rockefeller Center, numerous restaurants and shops, and multiple subway lines are all nearby, with Central Park just a short distance away. A great opportunity to own a well-laid-out alcove studio with generous storage, a peaceful garden-facing setting, and a convenient Midtown location.

240 E 55th St Unit 4A, New York

Listing courtesy of Compass.

$375,000

1 Baths ⋅ RLS20117812 MLS

Residence 6F is a spacious, renovated studio with large windows and high ceilings. A divider has already been installed, creating a separate sleeping area while keeping the open feel of the space. Both the kitchen and bathroom have been renovated. The kitchen has quartz countertops, stainless-steel appliances, and deep cabinetry with soft-close drawers and concealed internal compartments. The eat-in area comfortably fits a table for four. Custom built-in shelving and a matching radiator cover add storage and character. There's a large primary closet plus two additional closets. The apartment faces the courtyard, so it stays quiet throughout the day. The building has 71 apartments across ten floors, with a 24-hour doorman, an elevator operator, and a resident superintendent. Shared amenities include a laundry room, storage, and a bike room. Pied-à-terre use, co-purchasing, and guarantors are permitted with board approval, and buyers may finance up to 75%. Cats are welcome; dogs are not permitted. The location is prime Midtown East. The 4/5/6 and E/M subway lines are just two to three blocks away, and Grand Central is a short walk. Rockefeller Center, the United Nations, and the East River Greenway are all nearby. Furniture in select photos has been virtually staged.

155 E 49th St Unit 6F, New York

Listing courtesy of Compass.

$495,000

1 Beds ⋅ 1 Baths ⋅ RLS20116431 MLS

Pre-War Co-op in Prime Midtown East. Charming pre-war elevator building with a live-in superintendent and virtual doorman. Exceptionally convenient Midtown East location with a westbound bus stop right across the street—perfect for an easy commute. Move-in ready home featuring a renovated kitchen and access to a hidden south-facing garden that spans the entire rear of the building—an unexpected oasis in the city. Building amenities include laundry facilities, storage lockers, and a bike room. Recently updated lobby, windows, and elevators enhance both comfort and style. Flexible ownership policies: guarantors, pied-à-terres, and subletting with Board approval are all permitted.

150 E 49th St Unit 3E, New York

Listing courtesy of Sothebys International Realty.

$495,000

2 Beds ⋅ 2 Baths ⋅ RLS20116253 MLS

ESTATE SALE OPPORTUNITY WITH UPSIDE: This massive 1650 sq ft 2 bedroom, 2 bath hotel apartment offers an amazing opportunity with the possibility to cash out in the next year or so with substantial profit. You can simply paint and refresh this enormous apartment just off Park Avenue in a Full Service hotel-coop and rent it out for enough income to cover the monthly fees or perhaps use it for yourself. There are many details to discuss so please make an appointment to see this! Photos are virtually staged.

111 E 56th St Unit 300, New York

Listing courtesy of Stephen P Wald Real Estate Associates Inc.

$450,000

1 Beds ⋅ 1 Baths ⋅ RLS20114386 MLS ⋅ Beekman Court BLDG.

Residence 5K at Beekman Court A wonderful opportunity to own your first Manhattan home (or an inviting pied-à-terre), in one of Turtle Bay's established full-service prewar cooperatives. Residence 5K is a charming and well-proportioned one-bedroom at Beekman Court, offering something increasingly difficult to find in Midtown: a true bedroom, comfortable living space, treetop views, and the ease of a full-time doorman building. With its classic prewar character and quiet, private outlook, this is a home that offers considerably more separation and comfort than the typical Midtown studio. The living room comfortably accommodates both seating and dining, while the well-proportioned bedroom provides a comfortable retreat. The apartment offers useful existing storage with the potential to add additional closets or built-ins, allowing a new owner to tailor the space to their needs. A windowed kitchen brings in natural light and provides practical workspace, while the windowed bathroom has been updated with a clean, contemporary feel. Beekman Court offers the convenience of full-service cooperative living, including a full-time doorman, live-in superintendent, laundry facilities, and additional storage space in the building's basement. The cooperative is pet-friendly and permits pied-à-terre ownership, subject to board approval and applicable building policies. Located in the heart of Turtle Bay, the apartment is close to neighborhood restaurants, cafés, markets, and everyday conveniences. Transportation is convenient, with the M50 crosstown bus nearby, express bus service along First and Second Avenues, and Grand Central Terminal within easy reach. The United Nations is also just a short distance away. Please note: The apartment is currently subject to a temporary monthly assessment of $115, related to the cooperative's efforts to reposition its retail space and secure a new income-producing tenant. Residence 5K offers an appealing combination of prewar character, a genuine one-bedroom layout, full-service living, and a convenient Turtle Bay location—an inviting place to begin your Manhattan homeownership journey.

349 E 49th St Unit 5K, New York

Listing courtesy of Sothebys International Realty.

$350,000

1 Baths ⋅ RLS20113801 MLS

A beautifully updated studio offering style, convenience, and incredible value in the heart of Midtown East. This move-in ready home has been renovated from top to bottom, featuring brand-new hardwood floors, a sleek modern kitchen with stainless steel appliances, and beautiful luxurious bathroom. Every detail has been thoughtfully refreshed so you can settle in and start enjoying right away. Situated on one of Manhattan’s charming tree-lined streets, this residence brings a touch of neighborhood serenity while keeping you just moments from all the energy Midtown has to offer. Enjoy leafy views from your window, creating a rare sense of calm in the city. Residents of this well-maintained building enjoy access to a full time door person, a spectacular roof deck with panoramic skyline views — the perfect spot to relax, entertain, or simply soak in the beauty of New York. Co-purchasing, guarantors, and pied-à-terre ownership are permitted with board approval, and subletting is allowed after three years of ownership. This unit offers the best of both worlds: a stylishly renovated home on a beautiful block, with a building that checks all the right boxes.

310 E 49th St Unit 1E, New York

Listing courtesy of Compass.

$400,000

1 Baths ⋅ RLS20113644 MLS

This impeccably renovated corner studio delivers light, design, and turnkey perfection in a full-service doorman co-op—the kind of home that simply shows differently the moment you walk in. Perched high on the 9th floor, just east of Second Avenue, the apartment captures southern and eastern exposures, flooding the space with natural light from morning through sunset. Every inch has been thoughtfully upgraded to maximize both style and function. The windowed kitchen has been reimagined with a smart pass-through and breakfast bar, expanding counter space, cabinetry, and flow—perfect for entertaining or effortless daily living. The living area features custom track lighting, a queen-size Murphy bed to preserve open floor space, and newly installed hardwood floors with sound-canceling underlayment for a quieter, more refined feel. The spa-level bathroom was completely rebuilt with premium finishes, including Grohe fixtures and rain shower, Duravit sink, Kohler bathtub, new tile throughout, custom built-in cabinetry, mirrored medicine cabinet, and upgraded lighting—no detail overlooked. Additional upgrades include: - Three new windows (living room, kitchen, and bathroom) - New refrigerator + custom built-in cabinetry in the kitchen - New interior doors throughout - New AC unit (approx. 18 months old) - Custom living-room window sills - Exceptional in-unit storage, plus additional building storage The building offers a 24-hour doorman, live-in super, roof deck, laundry room, and bike room. Subletting permitted after three years of ownership, adding long-term flexibility. Simply put: you will not find a studio in better condition. The owner is also open to including select furniture pieces—inquire for details. Turnkey. Sun-filled. Impeccably renovated.

310 E 49th St Unit 9C, New York

Listing courtesy of Compass.

$315,000

1 Baths ⋅ RLS20112465 MLS

RESIDENCE 5C Discover a bright studio in the heart of Turtle Bay, where a wall of south-facing windows fills the home with natural light throughout the day. THE RESIDENCE South-facing exposure with abundant natural light Peaceful views overlooking the tree-lined block Windowed kitchen with room for dining Generous closet space Separate dressing area for added functionality and flexibility Thoughtful layout that makes excellent use of the space THE BUILDING Bowert Court is a well-maintained cooperative offering a comfortable residential setting in the heart of Midtown East. Live-in superintendent Central laundry facilities Bike storage THE NEIGHBORHOOD Set on a quiet, tree-lined block in Turtle Bay, Residence 5C offers the perfect balance of neighborhood charm and Midtown convenience, just moments from: Grand Central Terminal The East River Esplanade Neighborhood cafés and restaurants Shopping, transportation, and everyday conveniences Sorry no pets allowed

221 E 50th St Unit 5C, New York

Listing courtesy of Compass.

$389,000

1 Baths ⋅ RLS20104947 MLS ⋅ Gotham Towne House BLDG.

A Studio That Lives Like a One-Bedroom With clearly defined living, sleeping, and dining areas, Residence 7J at 153 East 57th Street offers the comfort and functionality buyers rarely find in a studio. This oversized home proves you don't have to sacrifice comfort, style, or functionality to enjoy Manhattan living. Whether you're entertaining friends, working from home, or simply unwinding after a busy day, every square foot has been carefully utilized to maximize both comfort and flexibility. The living area easily accommodates a full-sized sofa and conversation space, while the dedicated sleeping area comfortably fits a queen-size bed with room for nightstands and additional furniture. Oversized windows fill the apartment with soft light, creating a warm and welcoming atmosphere throughout the day. The beautifully maintained kitchen features warm wood cabinetry, granite countertops, stainless steel appliances, excellent storage, and generous work space, perfect for everything from morning coffee to dinner parties. Hardwood floors, excellent closet space, and tasteful finishes complete this move-in-ready home. Maintenance includes all utilities at 153 East 57th Street which is a full-service coop offering residents a 24-hour doorman, live-in resident manager, laundry facilities, bike/luggage storage, updated elevators and newly renovated hallways making it an excellent opportunity whether you're purchasing as your primary residence, co-purchasing or as a pied-à-terre. Gotham Towne House has strong financials, subleasing for five years (after 1 year) and a modern lobby. The building has a group rate for a Spectrum cable package with both Wi-Fi and HBO for $58 per month. Cats are welcome, but sorry no dogs. Nestled where Midtown East meets Sutton Place, you're moments from Central Park, Whole Foods, Trader Joe's, Bloomingdale's, Equinox, and some of Manhattan's finest restaurants and cafés. With the N, R, W, 4, 5, 6, E, M, and F trains all nearby, commuting anywhere in the city couldn't be more convenient. Finding a studio that truly lives this well is rare!. Residence 7J offers the combination of generous proportions, lovely finishes, full-service amenities, and an unbeatable location. Come experience why this isn't just another studio. It is a place you'll be proud to call home. Ongoing assessment of $110.22 per month.

153 E 57th St Unit 7J, New York

Listing courtesy of Compass.

$105,000

1 Beds ⋅ 2 Baths ⋅ RLS20113562 MLS ⋅ The St. Regis Hotel BLDG.

This fully furnished FRACTIONAL TIMESHARE OWNERSHIP Residence is deeded real estate, with ownership that entitles you to 28 indulgent days in a glamorous 1-bedroom/2-bath residence at The St. Regis each year. Or, you can allocate some of your time through the Interchange Program at another participating Residence Club property, such as the St. Regis Residence Club in Aspen or the Phoenician in Scottsdale, Arizona. The designated Fixed Week for this offering is Week #31, which is July 30 - Aug. 6 in 2027. The Fixed Week is guaranteed, unless you choose to exchange that week in any given year. Other usage options permit the owner to exchange nights for Starwood Preferred Guest (SPG) or Marriott Rewards points that can be used for flights or stays at other Starwood or Marriott Hotels & Resorts around the world. The St. Regis Hotel New York sets the ultimate standard of luxury in the heart of Manhattan. The video was shot in a similar Residence and showcases the fine finishes and furnishings found in all St. Regis Residence Club homes.

2 E 55th St Unit 822W31, New York

Listing courtesy of Compass.

$360,000

1 Beds ⋅ 1 Baths ⋅ RLS20107168 MLS

Residence 3B is an oversized one bedroom bathed in south-facing light, conveniently located in the heart of Midtown Manhattan. At approximately 650 square feet, this apartment has everything you need in a beautiful, pre-war building with a full-time doorman and elevator attendant. Enter the large foyer and you are greeted by the spacious living room and dining area overlooking 49th Street. Off the foyer is also a massive custom-built walk-in closet that flows into the windowed bathroom. 155 East 49th Street is a meticulously managed building with central laundry facilities and live-in resident manager, as well as additional bike and building storage. Best of all, enjoy easy access to all the world-class conveniences of Midtown including the many shops, restaurants, theatres, hotels, parks and transportation systems nearby. Pied-a-terres, co-purchasing and cats are permitted - sorry, no dogs. There is a $1,606.89/mo assessment through February 2027 to be paid by seller in full by closing.

155 E 49th St Unit 3B, New York

Listing courtesy of Compass.

$375,000

1 Beds ⋅ 1 Baths ⋅ RLS20105409 MLS

SPACIOUS, SOUTH-FACING ONE BEDROOM WITH CONVERTIBLE DINING ALCOVE Seller giving a closing credit of $15,000 at closing. Monthly maintenance is $3,238. Perched on the 10th floor, this bright, south-facing home is filled with exceptional natural light and classic pre-war charm. A welcoming foyer offers a comfortable entry and room for storage, leading into a thoughtfully laid-out living space that feels both open and inviting. The kitchen features a gas range, dishwasher, and original solid wood cabinetry, blending everyday function with timeless detail. Just beyond, a separate windowed dining alcove is bathed in southern light and offers flexibility to serve as a second bedroom or home office. The spacious living area is easy to adapt for both relaxing and entertaining, while a former service entrance provides an opportunity for a tucked-away workspace. Pre-war character continues in the bedroom, where solid wood built-ins ,original lighting fixtures and a view of the Chrysler building add to the classic charm of this apartment. The bathroom has been tastefully updated with new tile flooring, a modern vanity, and a re-glazed original cast iron tub. This full-service building offers a 24-hour doorman, attended elevator, and mail delivery to your door, along with renovated hallways, basement laundry, private storage (waitlist) , and bike storage. Conveniently located near Morton Williams Supermarket and The Smith on Second Avenue. Pied-à-terre, co-purchasing, and parental purchasing for working children are permitted on a case-by-case basis. The flip tax is 3% of the purchase price paid by seller. Subletting is not permitted. Cats welcome; no dogs. Seller giving a closing credit of $15,000 at closing. Monthly maintenance is $3,238. Their is a temporary assessment for LL11 paid by seller.

155 E 49th St Unit 10A, New York

Listing courtesy of Compass.

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