Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $475,000

· Closed September 3, 2025

321 E 48TH Street #7B
Closed For Sale Condo

$475,000

$1,024 per sq ft

321 E 48TH Street #7B

Turtle Bay, Manhattan

Continental Apts

MLS® #RLS20038595

RLS at REBNY

Listing by Corcoran Group

Studio

1

Bath

464

Sq. Ft.

1962

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 464 sq ft
Year Built 1962
Ownership Condo
HOA/Common Charges $782/mo
Property Taxes Contact for details
Neighborhood Turtle Bay
Floor 7 of 14

Property Highlights

  • Views: Other
  • Exposure: North facing
  • Climate Control: Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 1
Baths 1 Full
Floor 7 of 14
View Other
Exposure North
Cooling Other
Pets Yes
Year Built 1962
Living Area 464 sq ft
Structure Type HighRise
Basement Other
Parcel # 1341-1264
Block/Lot 01341/1264

Listing History

Event Date Price Change
Listed Jul 22, 2025 $499,000 -
Currently May 28, 2026 $475,000 -4.8%

Description

Where Classic Comfort Meets Midtown Convenience
 
Welcome to your perfect Midtown retreat-a bright and quiet studio nestled in the heart of Turtle Bay at 321 East 48th Street. With open northern exposures that fill the home with natural light, this serene residence offers a rare blend of peaceful living and city energy just outside your door. The layout is efficient and versatile, with space for living, dining, sleeping, and working-all in one elegant package.
 
Whether you're looking for a full-time home, pied-à-terre, or investment property, this well-maintained studio delivers on all fronts. Generous closets provide excellent storage, while the through-wall HVAC system ensures year-round comfort. And with the building allowing washer/dryers with board approval, the possibility of in-home laundry only adds to the appeal.
 
The Building: A Full-Service Midtown Gem
321 East 48th Street is a pet-friendly, full-service condominium offering the best of both worlds: the tranquility of a residential block and the vibrancy of Midtown just moments away. The building itself offers an array of amenities including a 24-hour doorman, laundry facilities, storage, bike storage, and live-in super. Currently there is an assessment of $180.28 per month.
 
Location-wise, you're perfectly positioned. The United Nations, Grand Central, and the East River Esplanade are nearby, along with local favorites like Little Collins, Tomi Jazz, Kazunori, The Hugh, Piccola Cucina, Smith & Wollensky, Ess-a-Bagel, and Dag Hammarskjöld Plaza's farmers market. Whole Foods, Trader Joe's, and a host of shops and restaurants round out the neighborhood's dynamic offerings. Transportation is a breeze with the E, M, and 6 trains just a short distance away, and easy access to M15 and M42 buses.
 
Guarantors, part-time residences, co-purchasing, LLC ownership and purchases through a trust are all permitted. This is NYC living that checks every box-with flexibility, functionality, and flair.
 
Welcome home.


Features & Amenities

Interior Features

Dining Area Building In Basement

Exterior Features

Private Outdoor Space Under60 Sqft

Building Amenities

Elevators

Building Information

Financial Details

Common Charges $782/mo
RE Taxes Contact for details
Original Price $499,000
Sale Price $475,000
Previous Price $499,000

Turtle 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 Neighborhood

Active Listings

171

Median Asking Price

$1.01M

Median $/Sqft

$1,464

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 5/28/26, 5:48 PM EST

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Location

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321 E 48TH Street #7B, Turtle Bay, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
3
Floors
3
Residential Units
R6B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $71,220
Land Value: $12,840
Exemptions: $0

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

Lot Area: 1,603 SF
Building Area: 2,160 SF
Built FAR: 1.35
Allowed FAR: 2

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 $782 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 464 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1962, making it approximately 64 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: Cats and dogs allowed,Building Pets Allowed Comments:Cats and dogs allowed. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $475,000 for 464 sq ft, the asking price per square foot is approximately $1,024. 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: RLS20038595
First Listed: 7/22/2025
On Market: 7/22/2025
Price Changed: 9/10/2025
Closed: 9/3/2025
Contract Date: 7/22/2025

Listing Courtesy of Corcoran Group - Caroline A Bass

Listing Contact: (646) 703-2053

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 5/28/2026 at 9:48 PM UTC

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