The Alexander
250 East 49th Street, New York, NY 10017
Midtown East
BBL 1013227502 · BIN 1038040
- Type
- Condominium
- Landmark
- No
Every recorded sale at this building, 2010–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,329
- Listing discount
- 13.2%
- Recorded sales
- 114
- On record
- 2010–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at The Alexander would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
The Alexander is a 24-story, full-service condominium in Turtle Bay — one of the quieter, more residential pockets of Midtown East, tucked between the bustle of Grand Central and the river. Completed in the late 2000s and designed by Sydness Architects, it offers what the surrounding pre-war and mid-century co-op stock often cannot: condominium ownership flexibility, modern building systems, a contemporary amenity package, and the consistent, well-proportioned layouts of a building designed from the ground up as residential.
For buyers, the appeal is practical and location-driven. Turtle Bay sits within walking distance of Grand Central Terminal, the United Nations, the Midtown office core, and the East Side's restaurant and retail corridors, while retaining a calmer, tree-lined residential feel on its side streets. A new-construction condominium here means turnkey living, financing latitude, and pied-à-terre and investment flexibility in a central, transit-rich location.
Architecture and unit composition
The Alexander is a contemporary 24-story tower designed by Sydness Architects — a clean, well-built residential building rather than an ornamented statement, with the elevator service, modern envelope, and efficient floor plates of quality 2000s construction. Its roughly 75 residences run to well-proportioned studio, one-, and two-bedroom layouts with contemporary kitchens and baths, good light from the building's height, and the consistent room dimensions and ceiling heights that new construction delivers. The upper floors carry the strongest light and open city views. As a relatively recent building, it offers move-in-ready living and reliable systems — a contrast to the higher-maintenance older stock common in the neighborhood.
Building operations
The Alexander runs as a full-service condominium with a 24-hour concierge and superintendent coverage, a fitness center, a common roof deck, storage, and laundry. As a condominium, ownership is flexible — financing rules are condominium-standard, pied-à-terre and investment purchases are customary, and resale clears through a right-of-first-refusal rather than a co-op board admissions process. The building is pet-friendly, and the contemporary construction translates to efficient, low-friction operations.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $2,976/yr
- Per unit / month range
- $0 – $3
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2015–20 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
421-a Tax Abatement
- Last year of benefit
- FY2021
- Fully taxed from
- FY2022 (2021–22)
- Program
- 421-a (10-year)
The 421-a benefit has run its term. Taxes on these units have stepped up toward the full assessed amount, so the low carrying cost this building once carried is no longer available. Price from the current tax bill, and treat any comparable sale made while the abatement was still running as a different asset.
Source: NYC Dept. of Finance property-tax exemption records (421-a), refreshed 2026-09-06 · The Roebling Research Library. Confirm the exact step-up schedule on the building’s DOF tax bill. Years shown are NYC tax years, which start July 1 — FY2022 runs July 1, 2021 to June 30, 2022. The benefit last appears on the 2021 assessment roll, which is what dates the end of the term.
Management & transfer contacts
- Notable fees
- Waiver of Right of First Refusal $350; renters no pets; $1M min liability insurance
Recent sales
Recent closings at this building, curated by The Roebling Team research desk. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jun 16, 2026 | 23AB | 2 BR · 3 BA · 1,314 sf | $1,715,000 | $1,305/sf | -7.3% |
| Feb 19, 2026 | 5F | 1 BR · 1 BA · 810 sf | $999,000 | $1,233/sf | +0.0% |
| Jan 30, 2026 | 10A | 1 BR · 1 BA · 647 sf | $850,000 | $1,314/sf | -5.0% |
| Sep 11, 2025 | 3D | 2 BR · 2 BA · 1,447 sf | $1,510,000 | $1,044/sf | -8.5% |
| Jul 31, 2025 | 9D | 2 BR · 2 BA · 1,000 sf | $1,275,000 | $1,275/sf | -13.3% |
| Jul 1, 2025 | 6CD | 3 BR · 3.5 BA · 2,086 sf | $2,800,000 | $1,342/sf | -25.3% |
| Jun 11, 2025 | 4E | 2 BR · 2 BA · 1,296 sf | $1,575,000 | $1,215/sf | -5.1% |
| Sep 17, 2024 | 20CD | 3 BR · 3.5 BA · 2,086 sf | $2,700,000 | $1,294/sf | -9.7% |
Market read. Most recent trades (2026) cleared a median $1,329/sf across 3 sales. Median listing discount 13.2% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01322-7502) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
What to know if you’re buying
This is turnkey, full-service condominium living in a central Midtown East location. Ownership is flexible — condominium financing rules apply, pied-à-terre and investor purchases are customary, and there is no co-op board package or interview, only a right-of-first-refusal. The construction is recent and the systems are modern, which means low-friction living and a wider pool of qualified buyers than the older co-op stock attracts. Evaluate each home on floor, light, and views — the upper floors carry the premium. We help buyers read the offering plan, the common-charge structure, and the comparison set across the Midtown East condominium market.
What to know if you’re selling
Lead with flexibility and location. A full-service condominium near Grand Central, the UN, and the Midtown core, with modern systems and a contemporary amenity package, appeals to a broad buyer pool — including pied-à-terre and investment purchasers the surrounding co-ops exclude. Benchmark to the Turtle Bay and Midtown East condominium set, and present the home to show its light, views, and any renovations. The condominium structure is itself a selling point — a faster, more predictable closing than the co-op alternative. Clean presentation and accurate pricing produce the best results in this liquid market.
Comparable buildings
If you're considering The Alexander, also evaluate nearby Midtown East and Turtle Bay condominium inventory:
- 250 East 53rd Street — full-service tower nearby
- 250 East 54th Street — Fox & Fowle's 1990 full-service condominium
- 300 East 55th Street — full-service Midtown East building
- 305 East 51st Street — a 2007 luxury condominium
- 100 East 53rd Street — luxury Midtown East condominium
- 135 East 54th Street — The Lex 54 Condominium
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at The Alexander?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.