Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $499,000

· Closed September 29, 2014

321 E 48TH Street #1B
Closed For Sale Condo

$499,000

$998 per sq ft

321 E 48TH Street #1B

Midtown East, Manhattan

Continental Apartme

MLS® #RLS10085815

RLS at REBNY

Listing by The Corcoran Group

Studio

1

Bath

500

Sq. Ft.

1962

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 500 sq ft
Year Built 1962
Ownership Condo
HOA/Common Charges $634/mo
Property Taxes $5,076/yr
Neighborhood Midtown East
Floor 1 of 14

Property Highlights

  • Exposure: North facing
  • Outdoor Space: Patio, Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
Floor 1 of 14
Exposure North
Pets Yes
Cross Street 2 AVENUE and 1 AVENUE
Year Built 1962
Living Area 500 sq ft
Parcel # 1341-1204

Description

Private Outdoor Space in Prime Midtown East! Move-in condition studio apartment in The Continental, a full-service condominium near Grand Central, the United Nations, and all the best Midtown has to offer! Perfect as a primary residence, pied-a-terre, or lucrative investment property! This lovely home boasts a huge private patio measuring 13 by 13 where you can barbequing and gracious entertaining! The home is further enhanced by an open kitchen with stainless steel appliances, a dishwasher, and a breakfast bar; hardwood floors in pristine condition; ample closet space; and central heat/AC, the cost of which is included in your common charges! The Continental has a full-time doorman, live-in super, and modern laundry facility. You are half a block from NY Sports Club, half a block from the nearest supermarket, one block from the weekly farmers market at Dag Hammarskjold Plaza, and within close walking distance to the 6 train on 51st, the E & M trains on 53rd, and the 4,5,6, & 7 trains (as well as the shuttle) on 42nd Street. There is currently an Assessment for $104.12/month for local law 11.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Garden Patio Terrace

Building Information

Building Continental Apartme
Total Units 126
Stories 14

Financial Details

Common Charges $634/mo
RE Taxes $5,076/yr ($423/mo)
Original Price $525,000
Sale Price $499,000
Previous Price $525,000

Midtown East is a dynamic hub that serves as 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 charming 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

221

Median Asking Price

$1.69M

Median $/Sqft

$1,656

Avg Days on Market

N/A

New This Week

16

Price Reduced

25%

Sold (30 Days)

8

Median Sale Price

$1.25M

Live data from RLS at REBNY • Updated 3/26/26, 10:40 PM EST

Similar Listings in Midtown East

View All

Location

Loading map...

321 E 48TH Street #1B, Midtown East, New York County • Near 2 AVENUE and 1 AVENUE

Floor Plans

Floor Plan
MLS® ID: RLS10085815
First Listed: 3/18/2014
Price Changed: 4/1/2014
Closed: 9/29/2014
Contract Date: 3/18/2014

Listing Courtesy of The Corcoran Group - Sandra Balan

Listing Contact: (212) 588-5644

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 3/27/2026 at 2:40 AM UTC

Buying a Condo? Start Here

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

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

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton