$499,000
Updated a year ago
Sold

Continental Apartments

321 East 48th Street, 5-L

Turtle Bay, Manhattan | Second Ave & First Ave

Studio 1 Bath459 Square FeetCondo

$499,000
Common Charges$783
RE Taxes$539
Price Per SF
$1,087

This property was sold for $485,000 on 07/22/25.

Listing Features

  • Entry Foyer
  • S Steel Appliances

Building Amenities

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

Policies


Property Description for 321 East 48th Street, 5-L

Sponsor Sale - NO Condo Board Approval is required. 5L is a condo studio that boasts ample closet space, a renovated kitchen and hard wood floors throughout.

The Continental Condominium is a premier full-service residence ideally located at 321 E 48th Street in the heart of Manhattan, offering the perfect blend of luxury living and urban convenience. Amenities include - updated central laundry, new elevators, live-in super, bike storage, and auxiliary storage space for rent.

NOTE: This is a sponsor sale.


Listing History for 321 East 48th Street, 5-L

Now
07/22/2025
$485,000
Sold and Closed by George Shapiro
Douglas Elliman
07/01/2025
Contract Signed by George Shapiro
Douglas Elliman

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

George Shapiro
Douglas Elliman
Michael Gidaly
Douglas Elliman

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: 2119923