Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
249 E 48th Street #16E

For Sale · Listing by Compass

249 E 48th Street #16E

Midtown East, Manhattan

$850,000

Interested in this property?
Active For Sale Condo

$850,000

$1,087 per sq ft

249 E 48th Street #16E

Midtown East, Manhattan

MLS® #RLS20115719

RLS at REBNY

Listing by Compass

Open Houses Scheduled

Sunday, September 20 • 12:00 PM – 1:00 PM

Sunday, September 20 • 12:00 PM – 1:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

1
Bedroom
1
Bath
782
Sq. Ft.
1959
Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 782 sq ft
Lot Size 13,250.4 sq ft
Year Built 1959
Ownership Condo
HOA/Common Charges $770.98/mo
Property Taxes $10,214.4/yr
Parking Garage
Neighborhood Midtown East
Floor 16 of 21

Property Highlights

  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 1 Full
Floor 16 of 21
Pets Yes, CatsOk, DogsOk
Year Built 1959
Living Area 782 sq ft
Parking Garage Available
Parking Features Garage
Structure Type HighRise,MixedUse
Furnished Unfurnished
Lot Size 13,250.4 sq ft
Parcel # 1322-1158
Block/Lot 01322/1158

Listing History

Event Date Price Change
Listed Sep 17, 2026 $850,000 -
Currently Sep 17, 2026 $850,000 -

Description

Welcome to this bright and beautifully renovated corner one-bedroom residence, ideally positioned on the 16th floor with open city views and abundant natural light from western and northern exposures. The oversized living room is wrapped in large windows and features a separate dining alcove, creating a spacious and inviting setting for both everyday living and entertaining. The renovated kitchen is thoughtfully appointed with custom cabinetry, Carrara marble countertops, and high-end appliances by Sub-Zero, Viking, and Bosch. The spa-like bathroom is also finished in Carrara marble and features a deep soaking tub. A generously sized bedroom, new hardwood floors, and six large closets provide exceptional comfort and an extraordinary amount of storage throughout the home. The building welcomes residents with a renovated lobby and offers a new elevator, 24-hour doorman, live-in superintendent, laundry room, and an on-site garage operated by a third party. Set in the heart of Turtle Bay, the residence is surrounded by some of Midtown East’s best dining, including Smith & Wollensky, The Grill, Casa Lever, Avra, and P.J. Clarke’s. Whole Foods Market, Morton Williams, Bloomingdale’s, and the shops of Madison and Fifth Avenues are also nearby. Greenacre Park, Dag Hammarskjöld Plaza, Grand Central Terminal, and the E, M, 6, and 7 subway lines provide an exceptional combination of neighborhood charm, everyday convenience, and easy access throughout the city.

Features & Amenities

Interior Features

Common On Floor Common Area

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 162
Stories 21
Structure HighRise,MixedUse

Financial Details

Common Charges $770.98/mo
RE Taxes $10,214.4/yr ($851/mo)

Midtown East is a dynamic hub that is the gateway to Manhattan for many. Home to iconic landmarks like Grand Central Terminal and the Chrysler Building, the neighborhood offers unparalleled convenience for commuters and professionals. The residential landscape is a mix of high-rise luxury towers and historic side-street cooperatives, providing a wide array of options for those who want to be at the center of the city's energy.

Midtown East Live Market Data

View Neighborhood

Active Listings

217

Median Asking Price

$1.90M

Median $/Sqft

$1,971

Avg Days on Market

N/A

New This Week

22

Price Reduced

26%

Sold (30 Days)

16

Median Sale Price

$1.38M

Live data from RLS at REBNY • Updated 9/17/26, 3:51 PM EST

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Location

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249 E 48th Street #16E, Midtown East, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1985
Year Built
41 years old
1
Floors
M1-2D
Zoning District

Tax & Assessment

Assessed Value: $522,900
Land Value: $138,600
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 7,712 SF
Building Area: 7,712 SF
Built FAR: 1
Allowed FAR: 1.5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $770.98 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $10,214.4, or roughly $851 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 782 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1959, making it approximately 67 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $850,000 for 782 sq ft, the asking price per square foot is approximately $1,087. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20115719
First Listed: 9/17/2026
On Market: 9/17/2026
Price Changed: 9/17/2026
Contract Date: 9/15/2025

Listing Courtesy of Compass - Augusto P Bittencourt

Listing Contact: (646) 397-4818

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 9/17/2026 at 7:51 PM UTC

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Midtown East Market Update

16 sales last 30 days · $1.90M median · 13.6 months supply

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Quick Facts

Status Active Type Condo Neighborhood Midtown East Borough Manhattan
County New York
Floor 16 of 21
Year Built 1959
First Listed 9/17/2026
Parking Garage
Living Area 782 sqft
Common Charges $770.98/mo
Annual Tax $10,214.4

Monthly Costs Estimate

Down Payment 20%

$170,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $770.98
Est. Taxes $851
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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