$580,000 $599,000
Updated 3 days ago
Price drop

Continental Apartments

321 East 48th Street, 1-L

Turtle Bay, Manhattan | Second Ave & First Ave

Studio 1 BathCondo

$580,000 $599,000
Common Charges$939
RE Taxes$516

Listing Features

  • Dining Bay
  • Dining Foyer
  • Ground Floor
  • High Ceilings [9.1']
  • Live/Work
  • Track Lighting
  • Wall of Windows
  • S Steel Appliances
  • Separate Kitchen

Outdoor space and views

  • Patio
  • City Views
  • North Exposure

Building Amenities

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

Policies


Property Description for 321 East 48th Street, 1-L

Charming Studio Apartment with Large Private Terrace at 321 East 48th Street, Apt 1L

Welcome to your dream studio apartment in the heart of Midtown East! This inviting home at 321 East 48th Street boasts a spacious layout beautifully complemented by natural light and a large private terrace, perfect for enjoying morning coffee or evening relaxation. Upon entering the apartment, you're greeted by a wonderful contemporary space with 9.1 ceiling and wonderful light. There is separate renovated kitchen with stainless steel appliances. The open-concept living area is perfect for entertaining or unwinding after a busy day in the city. Windows bathe the space in sunlight, creating a warm and welcoming atmosphere throughout. As you step outside onto your expansive private terrace, you'll find a personal oasis that allows you to escape the hustle and bustle of city life. Whether you want to host friends for cocktails or indulge in some solitary sunbathing, this outdoor haven is a rare find in New York City.

Transportation options are plentiful, with the 4, 5, 6, 7 and S subway lines and the Metro-North Railroad and LIIR available at Grand Central, only a few blocks away. Multiple bus routes are within a couple of blocks. This central location makes it especially convenient to travel both uptown and downtown, providing easy access to the city's major destinations and neighborhoods. Adjacent to Turtle Bay, Midtown East is known for its fast-paced energy and iconic landmarks. The area showcases towering skyscrapers and historic buildings such as the Chrysler Building, a masterpiece of Art Deco architecture, Grand Central Terminal, an architectural gem that serves as a gateway to the city, and the United Nations headquarters, the hub of international diplomacy that brings a cosmopolitan feel to the neighborhood.

Adjacent to Turtle Bay, Midtown East is known for its fast-paced energy and iconic landmarks. The area showcases towering skyscrapers and historic buildings such as the Chrysler Building, a masterpiece of Art Deco architecture, Grand Central Terminal, an architectural gem that serves as a gateway to the city, and the United Nations headquarters, the hub of international diplomacy that brings a cosmopolitan feel to the neighborhood.

For those seeking to relax and unwind amidst the urban hustle, Midtown East boasts several parks and green spaces, such as Tudor City Greens and the East River Esplanade. The neighborhood also offers diverse dining options. Streets are lined with various eateries, from classic New York delis to fine dining restaurants, and plenty of coffee shops to enjoy a quick break

This studio apartment is not just a place to live; it's a lifestyle. Experience the vibrancy of Midtown East while enjoying the comfort of your own private retreat. Don't miss out on this incredible opportunity-schedule a viewing
today!

Listing History for 321 East 48th Street, 1-L

Now
07/29/2026
$580,000 [-$19,000] [3.2%]
Price Drop by Margaret Lacey
Brown Harris Stevens
05/01/2026
$599,000 [-$51,000] [7.8%]
Price Drop by Margaret Lacey
Brown Harris Stevens

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
0.29 miles
51 St
0.32 miles
Grand Central-42 St
0.43 miles

Railroad

Grand CentralLong Island Rail Road
0.4 miles
Grand CentralMetro-North Railroad
0.46 miles

Citi Bike

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

Building Availability

APPSF
Median
Average
$1,149
$552,500
$552,500
$1,036
$509,000
$509,000
Last 12 months
$996
-
-
Last 12 months
$79
-
-

Studio in Turtle Bay

APPSF
Median
Average
$1,207
$525,000
$488,500
$1,120
$412,500
$414,667

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.

Similar Listings in Turtle Bay

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: 1665154