An amenity-rich tower in the heart of Midtown East
Art Deco meets contemporary design at The Centrale, a 71-story tower by Pelli Clarke Pelli Architects. The building’s name is a clear nod to its location in the heart of Manhattan’s Midtown East neighborhood on East 50th Street. “But it’s still close enough to the Theater District that you can walk,” notes Diane Johnson, an agent at Douglas Elliman who has been selling homes at The Centrale for several years. “The subway is a few blocks away, and we’re right near all the financial institutions, like Citadel and the new JPMorgan Chase headquarters, which should be opening next year. A lot of people want to live there because of that. They want to be able to walk to work.” The Centrale — which opened in 2020 and has a reflective-glass-and-terracotta facade — also has all the amenities buyers have come to expect from a new build, including a porte-cochère and an Olympic-length indoor pool.
Wide-open views with a turnkey option
There are 125 units in the building, ranging from one- to five-bedrooms. Champalimaud Design was behind the interiors, using natural materials such as marble, wood and stone throughout to evoke a luxurious but warm feel. Units offer floor-to-ceiling windows, with the upper-level residences framing wide-open vistas of Manhattan and the East and Hudson rivers. Lower floors have four units per level, while the upper levels have just two. “It acts like a boutique building,” Johnson says. “It doesn’t feel overwhelming and it’s very discreet.” Buyers range from young professionals who can walk to work at nearby companies or people looking for a pied-a-terre. Prices start at around $2.5 million for a one-bedroom home, while a four-bedroom asks just under $8 million. The 70th-floor duplex penthouse has a price tag of about $25 million. For those looking for design help, Italian studio Giorgetti has an on-site showroom to work with buyers to help furnish their homes — whether it’s one signature sofa or a whole apartment’s worth of furnishings.
Indoor-outdoor common space for residents — and their furry friends
Guests and residents can slip into The Centrale via a porte-cochère entrance on the side of the building between East 49th and East 50th streets—a rare feature in Manhattan. Inside, the double-height lobby has slatted wooden walls and recessed vertical lighting as a nod to the tower’s facade, as well as a marble front desk and a textured plaster accent wall. Concierge and doorman services are available at any time. “The building is run really well, and the resident manager is amazing,” Johnson says. The great room has 36-foot ceilings and a site-specific ceramic sculpture by Pascale Girardin, while the adjacent club terrace offers outdoor dining and lounging space under a starry light installation. Residents can reserve spaces for events. Other amenities include a club room with a fireplace and wide-screen TV, a private dining area, billiards and the fitness center created by fitness curators The Wright Fit, complete with a gym, a spa and a 50-meter pool. There’s even a dog run off the first floor with a green grass area for canine companions. Johnson says that the feature has been the deciding factor for at least one Centrale buyer. “So, at night, you don’t have to take your dog out on the street.”
A vibrant area with luxury shopping and dining
The streets of Midtown East are lined with luxury clothing and accessory stores, with fewer essentials than in more typically residential areas. Upscale dining options include Crave Fishbar, Wolfgang’s Steakhouse and Toscana 49 for Italian fare. Or there’s the local institution Ess-a-Bagel, which often has lines out the door. The East River Esplanade is a short walk from The Centrale, while Greenacre Park — a pocket park with a cafe and waterfall — is on the next block. For groceries, there’s a Morton Williams and a Whole Foods in the area, among others. The Centrale is around the corner from the Waldorf Astoria New York, which is currently being converted to residences and is expected to reopen in 2025. “The neighborhood has become very vibrant, but once the Waldorf opens, it’ll be crazy,” Johnson says. “Any investment in The Centrale now and you’ll be making your money back in a few years because of the anticipation of that opening.”
Walkable to Grand Central Terminal
Grand Central Terminal — the world-famous transit hub serving the Long Island Rail Road, MetroNorth and the 4, 5 and 6 trains, plus the shuttle to Times Square — is a less than 10-minute walk from The Centrale. The 4 and 6 trains also stop a few blocks from the building at Lexington Avenue and East 51st Street, while the E and M stop at Lexington Avenue and East 53rd Street. The Franklin D. Roosevelt East River Drive is less than a mile away.
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Quantarium
Current List Price
Sold Price
Area Factors
Moderate Crime
Crime Score®
5/ 10
Very Bikeable
Bike Score®
84/ 100
Walker's Paradise
Walk Score®
99/ 100
Rider's Paradise
Transit Score®
100/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
50th Street Commons
4 min walk
Picnic Area
Greenacre Park
4 min walk
Picnic Area
Nature Center
Dag Hammarskjöld Plaza
7 min walk
Channel Gardens
7 min walk
Picnic Area
Nature Center
51st St FDR Dog Park
9 min walk
MacArthur Playground
9 min walk
Picnic Area
Playground
Peter Detmold Park
9 min walk
Dog Park
Trails
UNICEF Garden
10 min walk
Peter Detmold Park Dog Run
10 min walk
Schools
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