SOLD FOR $710,000
Listed at $749,000 · Sold 5.2% below asking · Closed October 14, 2025
301 E 48th Street #5-B
MLS® #RLS20029999
Listing by R New York
2
Bedrooms
1
Bath
1,050
Sq. Ft.
1964
Year Built
Quick Summary
Property Highlights
- Views: City, River
- Exposure: East,South facing
- Climate Control: Central Air
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jun 10, 2025 | $789,000 | - |
| Currently | May 29, 2026 | $749,000 | -5.1% |
Description
PRICE REDUCTION!
Sprawling Convertible 2BR at Marlo Towers – Rarely Available Corner Line!
Welcome to one of the most desirable lines in Marlo Towers—a bright, oversized corner apartment with great bones and even better potential.
Step into a roomy foyer with three closets (two walk-ins!) that opens into a sunken living room flooded with natural light from a wall of windows. Off the living room, head up into a separate space currently used as a dining room—with two windows and plenty of light, it easily transforms into a second bedroom or a den.
The windowed kitchen has space to eat in or can be opened up to create a more modern flow—it’s all up to you. Down the hall, you’ll find a large, windowed bathroom and a king-sized bedroom with two closets, including another generous walk-in.
Both the kitchen and bath are original, but with some love and creativity, they could really shine.
The apartment has open south and east exposures, with river views from both the dining room and kitchen. You can even see the iconic Pepsi sign in Long Island City.
This is more than just an apartment—it’s a home with options. There are six closets (three walk-ins!), freshly refinished solid wood floors, and a layout that offers flexibility for years to come. There is an ongoing monthly assessment of $60.60.
Light-filled, spacious, and full of potential—come see it for yourself.
Building Details:
Enjoy Seamless Access to the Exquisite Rooftop Deck, Furnished and Landscaped, Offering Breathtaking Views of the River and Skyline.
This Full-Service 24-Hour Doorman Building, Featuring Dedicated Full-Time Staff, Live-In Super, a Recently Updated Lobby, a Newly Renovated Laundry Facility.
Complimentary Luggage Storage Available on Every Floor.
Flexible Ownership Options Including Pied-A-Terre, Co-Purchasing, Gifting, and Subletting Are All Permitted. The Building Is Also Pet-Friendly!
Neighborhood & Location:
Prime Location at the Intersection of 48th Street and 2nd Avenue, just a Short Walk to Grand Central Station and Multiple Subway Lines.
The Building Boasts a Pristine, 24-Hour Large Food Market, Providing Ultimate Convenience Right at Your Doorstep.
Several Parking Garages Conveniently Located on the Block.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Turtle Bay
View All Turtle Bay ListingsTurtle Bay is a refined and diplomatic corridor, home to the United Nations Headquarters and numerous international consulates. The neighborhood is famous for the historic Turtle Bay Gardens and its tree-lined streets. Real estate in Turtle Bay offers a wide selection, from elegant pre-war townhouses to modern luxury condominiums that provide a low-traffic residential atmosphere just steps away from the bustle of Midtown.
Turtle Bay Live Market Data
View NeighborhoodActive Listings
172
Median Asking Price
$1.01M
Median $/Sqft
$1,461
Avg Days on Market
N/A
New This Week
7
Price Reduced
40%
Sold (30 Days)
11
Median Sale Price
$1.39M
Live data from RLS at REBNY • Updated 5/29/26, 10:30 AM EST
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Location
301 E 48th Street #5-B, Turtle Bay, New York County • Near Second Avenue/First Avenue
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed monthly maintenance are $2,164.77 per month. Confirm the exact amount with the listing broker before making an offer.
This property has 2 bedrooms and 1 full bathroom.
The listed interior living area is 1,050 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1964, making it approximately 62 years old.
This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $749,000 for 1,050 sq ft, the asking price per square foot is approximately $713. 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) 416-7433Listing Courtesy of R New York - Susan Gold
Listing Contact: (212) 688-1000
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 Data display by Keller Williams NYC. Data last updated on 5/29/2026 at 2:30 PM UTC