Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
241 E 48th Street
Interested in this property?

$9,975,000

$1,814 per sq ft

241 E 48th Street

Midtown East, Manhattan

MLS® #RLS20104288

RLS at REBNY

Listing by Compass

4

Bedrooms

5.5

Baths

5,500

Sq. Ft.

1899

Year Built

Quick Summary

Bedrooms 4
Bathrooms 15 full, 20 half
Living Area 5,500 sq ft
Lot Size 2,008 sq ft
Year Built 1899
Ownership None
Property Taxes $78,411.96/yr
Neighborhood Midtown East
Floor 1 of 4

Property Highlights

  • Views: City Lights, City, Garden
  • Exposure: North,South facing
  • Outdoor Space: Patio, Terrace

Property Details

Type Single Family Residence
Ownership None
Total Rooms 11
Baths 5 Full, 20 Half
Floor 1 of 4
View City Lights, City, Garden
Exposure North,South
Cooling Central Air
Pets Yes
Year Built 1899
Living Area 5,500 sq ft
Structure Type Townhouse
Flooring Hardwood
Furnished Furnished
Basement Full
Lot Size 2,008 sq ft
Parcel # 1322-0018
Block/Lot 01322/0018

Listing History

Event Date Price Change
Listed Jul 17, 2026 $9,975,000 -
Currently Jul 17, 2026 $9,975,000 -

Description

241 East 48th Street | Turtle Bay Gardens Timeless Architecture. Bespoke Craftsmanship. Extraordinary Living Welcome to 241 East 48th Street, a distinguished 20-foot-wide Georgian townhouse offering 5,500 square feet of impeccably restored living space. Masterfully reimagined through a meticulous, multi-year renovation, this exceptional residence seamlessly marries historic grandeur with contemporary sophistication. Situated within the coveted Turtle Bay Gardens, one of Manhattan’s most exclusive and architecturally significant enclaves, the home enjoys privileged access to the private, willow-lined residents’ garden while offering a rare sanctuary moments from the heart of Midtown. Highlights • Masterfully Restored An uncompromising, level-five renovation completed over several years, showcasing bespoke finishes, custom millwork, and exquisite materials sourced from Portugal, all while honoring the home’s original architectural integrity. • 4 Bedrooms | 5 Full Baths | 2 Powder Rooms | Private Elevator Thoughtfully designed for modern living with smart-home automation, advanced security, steel-reinforced construction, humidity-controlled zoned HVAC, and seamless elevator access to every floor. • Exceptional Outdoor Living A beautifully landscaped private garden complemented by exclusive access to the iconic, willow-lined Turtle Bay Gardens, one of New York City’s most treasured private green spaces. • A Storied Address Located within the legendary Turtle Bay Gardens, whose notable residents have included Katharine Hepburn, Bob Dylan, Stephen Sondheim, and E. B. White. Residence Garden Level A spectacular chef’s kitchen appointed with a top-tier appliance suite and dramatic waterfall island flows effortlessly into an expansive Great Room with soaring 20-foot ceilings and skylights. A glass-enclosed dining pavilion opens directly onto the garden, creating an extraordinary indoor-outdoor living experience. Gas fireplace and elegant powder room complete the floor. Parlor Level A magnificent formal living room with soaring ceilings overlooks the Great Room below through a Juliet balcony. Custom built-in library, gas fireplace, and refined architectural detailing create an atmosphere of understated elegance. Third Floor Two generously proportioned bedroom suites, each with luxurious en-suite baths, abundant custom closets, and tranquil garden or townhouse views. Fourth Floor An extraordinary full-floor primary suite featuring a spa-inspired marble bath with soaking tub, oversized shower, double vanity, and an expansive custom-designed dressing room worthy of a world-class boutique. Fifth Floor A light-filled loft-style office or guest suite with kitchenette, full windowed bath, and private terrace overlooking the lush gardens below. Cellar A beautifully finished recreation room or fitness studio, full bath, laundry, mechanical systems, and extensive storage. The Neighborhood Turtle Bay is one of Manhattan’s most refined residential enclaves, celebrated for its elegant tree-lined streets, historic townhouses, and remarkable sense of tranquility. Moments from Grand Central Terminal, the United Nations, Beekman Place, Sutton Place, and the East River waterfront, the neighborhood offers an effortless blend of international prestige and old New York charm. Hidden gardens, intimate cafés, and pocket parks create an atmosphere rarely found in Midtown, making Turtle Bay one of the city’s most coveted addresses.

Features & Amenities

Interior Features

Built In Features Chandelier Crown Molding Double Vanity Entrance Foyer Eat In Kitchen Elevator High Ceilings Kitchen Island Pantry Soaking Tub Walk In Closets Common On Floor In Unit See Remarks Flooring: Hardwood Skylights Fireplace (1)

Exterior Features

Building Garden Juliet Balcony Private Outdoor Space Under60 Sqft Patio Terrace

Building Amenities

Security System

Appliances

Dryer Dishwasher Wine Cooler Washer

Building Information

Building Data View Compliance & Permits
Total Units 1
Stories 4
Structure Townhouse

Financial Details

RE Taxes $78,411.96/yr ($6,534/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

223

Median Asking Price

$1.43M

Median $/Sqft

$1,637

Avg Days on Market

N/A

New This Week

5

Price Reduced

28%

Sold (30 Days)

18

Median Sale Price

$1.64M

Live data from RLS at REBNY • Updated 7/17/26, 3:59 PM EST

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Location

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241 E 48th Street, 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 $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $78,411.96, or roughly $6,534 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 5 full bathrooms and 20 half bathrooms.

The listed interior living area is 5,500 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1899, making it approximately 127 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

At the current list price of $9,975,000 for 5,500 sq ft, the asking price per square foot is approximately $1,814. 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: RLS20104288
First Listed: 7/17/2026
On Market: 7/17/2026
Price Changed: 7/17/2026
Contract Date: 7/16/2026

Listing Courtesy of Compass - Julie K Pham

Listing Contact: (917) 517-8123

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 7/17/2026 at 7:59 PM UTC

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