Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
249 E 48th Street #18A

For Sale · Listing by Compass

249 E 48th Street #18A

Midtown East, Manhattan

$2,400,000

Interested in this property?
Active For Sale Condo

$2,400,000

$1,503 per sq ft

249 E 48th Street #18A

Midtown East, Manhattan

MLS® #RLS20114558

RLS at REBNY

Listing by Compass

Open House Scheduled

Sunday, September 13 • 3:00 PM – 4:00 PM

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

2
Bedrooms
2
Baths
1,597
Sq. Ft.
1959
Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,597 sq ft
Lot Size 13,250.4 sq ft
Year Built 1959
Ownership Condo
HOA/Common Charges $1,660.16/mo
Property Taxes $20,828.52/yr
Parking Garage
Neighborhood Midtown East
Floor 1 of 21

Property Highlights

  • Exposure: South,West facing
  • Outdoor Space: Balcony
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 1 of 21
Exposure South,West
Pets Yes, CatsOk, DogsOk
Year Built 1959
Living Area 1,597 sq ft
Parking Garage Available
Parking Features Garage
Structure Type HighRise,MixedUse
Furnished Unfurnished
Lot Size 13,250.4 sq ft
Block/Lot 01322/1166

Listing History

Event Date Price Change
Listed Sep 11, 2026 $2,400,000 -
Currently Sep 12, 2026 $2,400,000 -

Description

A rare combination of space, style, outdoor living and convenience, this beautifully renovated 1,600-square-foot two-bedroom, two-bathroom Condominium is complete with a spectacular landscaped terrace and its own DEEDED PARKING SPACE. The current owner undertook a thoughtful gut renovation, creating a home that feels both sophisticated and incredibly comfortable. At the heart of the apartment is an enormous corner, loft-like living and dining room lined with windows and open city views. The outlook is striking during the day and especially magical at night, when the city lights become the backdrop to the entire living space. Even better, the views are protected by landmarked surroundings. The sleek, windowed kitchen opens seamlessly to the living and dining areas and is designed for both everyday living and entertaining. A built-in bar with wine refrigerator adds another thoughtful touch. Just beyond the living room is the show-stopping landscaped terrace—fully decked and designed as a true extension of the home. With a built-in BBQ, irrigation system and electric awning, it is equally suited to summer dinners, morning coffee or simply escaping the pace of the city. The split-bedroom layout offers exceptional privacy. The generously proportioned second bedroom is the size of many primary suites, while the primary bedroom feels like a hotel retreat. Its spa-like bathroom features an oversized walk-in shower and separate toilet room, while a huge walk-in closet provides exceptional storage. There is also a washer/dryer hookup within the primary suite. Additional features include hardwood floors throughout, custom lighting, motorized shades and central air conditioning. With low monthly carrying costs, a deeded parking space and the option to purchase the apartment furnished, this is a truly turnkey home offering the space and comforts that are so difficult to find in Manhattan. Turtle Bay House is a full-service condominium ideally situated at the corner of East 48th Street and Second Avenue. The building recently completed a stylish renovation of its lobby and modernization of its elevators, and offers a 24-hour doorman, live-in superintendent, on-site managing agent, laundry facilities and on-site parking garage. Pet-friendly and conveniently located near Grand Central, the United Nations, neighborhood restaurants, shopping and multiple subway lines, the building offers exceptional accessibility while sitting at the edge of one of Midtown East’s most charming residential enclaves.

Features & Amenities

Interior Features

Common On Floor Common Area

Exterior Features

Balcony Private Outdoor Space Over60 Sqft Balcony

Building Amenities

Elevators

Building Information

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

Financial Details

Common Charges $1,660.16/mo
RE Taxes $20,828.52/yr ($1,736/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

190

Median Asking Price

$1.74M

Median $/Sqft

$2,214

Avg Days on Market

N/A

New This Week

28

Price Reduced

25%

Sold (30 Days)

14

Median Sale Price

$1.39M

Live data from RLS at REBNY • Updated 9/12/26, 2:44 AM EST

Similar Listings in Midtown East

View All

Location

Loading map...

249 E 48th Street #18A, 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 $1,660.16 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $20,828.52, or roughly $1,736 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,597 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: Pets Allowed. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $2,400,000 for 1,597 sq ft, the asking price per square foot is approximately $1,503. 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: RLS20114558
First Listed: 9/11/2026
On Market: 9/11/2026
Price Changed: 9/11/2026
Contract Date: 9/11/2026

Listing Courtesy of Compass - Stacey J Froelich

Listing Contact: (917) 623-7616

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 9/12/2026 at 6:44 AM UTC

See it in person

Midtown East Market Update

14 sales last 30 days · $1.74M median · 13.6 months supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Active Type Condo Neighborhood Midtown East Borough Manhattan
County New York
Floor 1 of 21
Year Built 1959
First Listed 9/11/2026
Parking Garage
Living Area 1,597 sqft
Common Charges $1,660.16/mo
Annual Tax $20,828.52

Monthly Costs Estimate

Down Payment 20%

$480,000

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 $1,660.16
Est. Taxes $1,736
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$30,000

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

Back to Search

Find more properties

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

Call Text Email