Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,300,000

· Closed March 26, 2026

209 E 48th Street
Closed For Sale Duplex

$3,300,000

$966 per sq ft

209 E 48th Street

Midtown East, Manhattan

MLS® #RLS20054878

RLS at REBNY

Listing by Compass

6

Bedrooms

4

Baths

3,416

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms 6
Bathrooms 4
Living Area 3,416 sq ft
Lot Size 1,710 sq ft
Year Built 1920
Ownership None
Property Taxes $50,856/yr
Neighborhood Midtown East
Floor 1 of 4

Property Highlights

  • Exposure: North,South facing
  • Outdoor Space: Patio, Terrace
  • Fireplace: 1 fireplace

Property Details

Type Duplex
Ownership None
Total Rooms 9
Baths 4 Full
Floor 1 of 4
Exposure North,South
Pets Yes
Year Built 1920
Living Area 3,416 sq ft
Structure Type Duplex,Townhouse
Flooring Hardwood
Furnished Unfurnished
Lot Size 1,710 sq ft
Parcel # 1322-0007
Block/Lot 01322/0007

Listing History

Event Date Price Change
Listed Oct 16, 2025 $3,500,000 -
Currently Jun 1, 2026 $3,300,000 -5.7%

Description

Welcome to 209 East 48th Street, a townhouse in the heart of Manhattan near the historic Turtle Bay Gardens District. The townhouse boasts 3,587 square feet spread out across four floors and is currently configured as a two-family townhouse. The townhouse is a perfect opportunity to have an owner occupied unit and receive rental income from the other unit, a live/work opportunity, used for a non-profit/Consulate/Mission or create a single-family townhouse. Garden Floor Upon entering the townhouse, you’re greeted by a spacious one bedroom apartment with access to the 40ft-deep, north-facing garden. There is an open kitchen, fireplace, hardwood floors throughout and storage. Triplex - Floors two through four As you enter the second floor, you’ll instantly take note of the high-ceilings in the living room, a fireplace, north facing windows overlooking your private terrace and also giving you access to the garden outdoor space on the first floor. The kitchen, a bedroom/office and bathroom are also on the second floor. On floors three and four are four spacious bedrooms, two bathrooms and plenty of closet space. Cellar A laundry room, additional storage space, boiler and building mechanicals occupy the cellar space. On a block consisting mainly of townhouses, this prime Turtle Bay residential property is in close proximity to some of Manhattan’s finest shopping, restaurants, Midtown offices and public transit. Please note some photos have been virtually enhanced. The property will be delivered vacant.

Features & Amenities

Interior Features

Built In Features High Ceilings Common On Floor See Remarks Flooring: Hardwood Fireplace (1)

Exterior Features

Building Garden Private Outdoor Space Over60 Sqft Private Yard Patio Terrace

Appliances

Dryer Washer

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 4
Structure Duplex,Townhouse

Financial Details

RE Taxes $50,856/yr ($4,238/mo)
Original Price $3,500,000
Sale Price $3,300,000
Previous Price $3,500,000

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

232

Median Asking Price

$1.57M

Median $/Sqft

$1,699

Avg Days on Market

N/A

New This Week

8

Price Reduced

22%

Sold (30 Days)

8

Median Sale Price

$1.93M

Live data from RLS at REBNY • Updated 6/1/26, 8:24 AM EST

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Location

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209 E 48th Street, Midtown East, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1940
Year Built
86 years old
2
Floors
M1-2D
Zoning District

Tax & Assessment

Assessed Value: $1,361,250
Land Value: $387,450
Exemptions: $0

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

Lot Area: 34,450 SF
Building Area: 35,000 SF
Built FAR: 1.02
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 $50,856, or roughly $4,238 per month. Verify the current assessment with your attorney before closing.

This property has 6 bedrooms and 4 full bathrooms.

The listed interior living area is 3,416 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1920, making it approximately 106 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

At the current list price of $3,300,000 for 3,416 sq ft, the asking price per square foot is approximately $966. 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: RLS20054878
First Listed: 10/15/2025
On Market: 10/16/2025
Price Changed: 4/1/2026
Closed: 3/26/2026
Contract Date: 6/2/2025

Listing Courtesy of Compass - Patrick Lehman

Listing Contact: (201) 247-7762

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 6/1/2026 at 12:24 PM UTC

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