$465,000
Updated 5 years ago
Off Market

Continental Apartments

321 East 48th Street, 4-A

Turtle Bay, Manhattan | Second Ave & First Ave

Studio 1 Bath513 Square FeetCondo

$465,000
Common Charges$804
RE Taxes$584
Price Per SF
$906

Listing Features

  • Dressing Area
  • Entry Foyer
  • Hardwood Floors
  • Wall of Windows
  • S Steel Appliances
  • Windowed Kitchen

Outdoor space and views

  • North Exposure

Building Amenities

  • Full-Time Doorman
  • Bike Storage
  • Elevator
  • Laundry Room
  • Storage

Policies


Property Description for 321 East 48th Street, 4-A

Sponsor apartment and not subject to condo approval. 4A is a large, quiet north-facing studio in a full service, doorman condo building. The wall of windows looks on to a charming low-rise brick building, conjuring the spirit of “old New York,” and set back from the building to allow for space and natural light. The apartment has original solid wood parquet floors, in-ceiling lighting and through-wall air conditioning. A generous entryway featuring an extra large, double-width closet, leading on to a spacious studio, which easily accommodates distinct living, dining and sleeping areas, plus all of your furniture. There are two additional large closets, one in the living room, and one in the separate dressing area. Louvered doors separate the living space from the bathroom/dressing area, as well as the windowed kitchen, which has stainless steel appliances, black granite floor and a white subway tile backsplash. 321 East 48th Street is a full-time doorman condominium building with a marble lobby, new elevators, and a laundry room in the basement. The building allows pied a terres, co-purchasing, guarantors and parents buying for children. The common charges are low making this a perfect buy for investors. Please note, there is currently a monthly assessment of $210.94 per month to cover capital improvements. The building is perfectly located in bustling Midtown East, steps from the East River, the United Nations, and tons of great restaurants, including Avra Estiatorio, Sparks Steak House, Sushi Yasuda, La Pecora Bianca and The Smith. *24 Hours Notice Required To Show.

Listing History for 321 East 48th Street, 4-A

Now
10/20/2021
TOM by Rachel Glazer
Compass
07/23/2021
$465,000 [-$34,000] [6.8%]
Price Drop by Rachel Glazer
Compass

Building Details for 321 East 48th Street

OwnershipCondo
Building TypeMid-Rise
Service LevelFull-Time Doorman
AgePost-War
AccessElevator
Year Built1961
Financing Allowed90%
Floors/Apts14/127
Learn More About the Building

Transit and Citi Bike

Subway

Lexington Av/53 St
0.28 miles
51 St
0.3 miles
Grand Central-42 St
0.41 miles

Railroad

Grand CentralLong Island Rail Road
0.37 miles
Grand CentralMetro-North Railroad
0.44 miles

Citi Bike

E 47 St & 2 Ave
0.09 miles
E 47 St & 1 Ave
0.11 miles

Contact Agents

Contact Agents

Ilana Lee
Compass

Turtle Bay | Manhattan

Quick Profile

Turtle Bay is best known for hosting the world’s dignitaries at United Nations once a year as the world institution sits on the eastern edge of the neighborhood along the East River.

But this midtown location offers a lot more, a bustling neighborhood teeming with high-rise apartment buildings and an easy walk to the Midtown business district.

Over the past two decades, developers have assembled almost every corner development site along Second Avenue and have built straight up. Not much left to assemble.

Some of the more glamorous, and of course most expensive, addresses are in close proximity to the United Nations. Trump World Tower, which caused a big stir with area residents, in particular, Walter Cronkite, when it was built sits just north of the United Nations Grounds. 

In contrast to the proliferation of the residential highrise, Turtle Bay does have some lovely tree-lined streets between the avenues. In particular, Turtle Bay Gardens, which fronts both 48th Street and 49th Street between Third and Second Avenue has always been a haven for the rich and famous.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1921104