Updated 3 hours ago
New today

Marlo Towers

301 East 48th Street, 15/16F

Turtle Bay, Manhattan | Second Ave & First Ave

6.5 Rooms2 Beds2.5 BathsCo-op

$1,250,000
Maintenance$3,001

Outdoor space and views

  • City Views

Building Amenities

  • Full Service
  • Bike Storage
  • Elevator
  • Garage
  • Laundry Room
  • Renovated Lobby
  • Roof Deck
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 301 East 48th Street, 15/16F

Suburban Scale. Midtown Address. Unlimited Potential.

Welcome to Residence 15/16F at 301 East 48th Street-an oversized 2BR/2.5BA duplex offering extraordinary proportions, a sprawling west-facing private terrace, and the opportunity to create a truly custom home in the heart of Midtown.

Spread across two levels, this is not your typical Manhattan apartment. With an expansive entertaining level, two king-sized bedrooms, abundant storage, and substantial private outdoor space, 15/16F offers the scale, separation, and livability rarely found in New York City. For buyers looking to create something special, the fundamentals are already in place.

Enter on the 15th floor, where the residence opens into a sprawling living and entertaining level. The oversized great room offers exceptional flexibility, with ample space for an XL sectional, a dedicated entertainment area, and a separate formal dining space. Adjacent to the great room is the kitchen, offering the opportunity to create a modern, open-concept culinary space designed entirely to your specifications.

Just off the living area is arguably the home's most impressive feature: an expansive west-facing private terrace stretching nearly 23 feet across the residence. With open city views, afternoon sunlight, and ample space for outdoor dining and lounging, this is a true extension of the living space and a luxury rarely found in Midtown. A conveniently located powder room completes the first level.

Upstairs, the home transitions into a private bedroom level, completely separated from the entertaining space below. Both bedrooms offer impressive proportions and can comfortably accommodate king-sized beds and additional furniture. The primary suite features an ensuite bathroom, while a second full bathroom serves the additional bedroom. Generous closet space and storage throughout further enhance the home's practicality.

While the residence is ready for its next chapter, its greatest appeal lies in the opportunity to make it entirely your own. With a highly functional duplex layout, oversized rooms, substantial private outdoor space, and the flexibility to reimagine the interiors, 15/16F offers a compelling canvas for a thoughtful renovation. The features that are hardest to find in Manhattan are already here. The finishing touches are yours to decide.

301 East 48th Street is a full-service cooperative with 24/7 door staff, a live-in superintendent, on-site laundry and parking (available at a discounted rate for shareholders), and a furnished roof deck with sweeping city and East River views.

The building offers uncommon flexibility, allowing up to 80% financing, pied-à-terres, gifting, parental purchasing, subletting, pets, and installation of a washer/dryer (all with board approval).

There is currently a capital assessment of $84/month. A separate special assessment of $650.21/month is scheduled to expire in June 2027.

Please note: Certain photographs have been virtually renovated to illustrate the residence's potential. Renderings are conceptual and do not represent the property's current condition. Any alterations are subject to applicable building and governmental approvals.

Listing History for 301 East 48th Street, 15/16F

Now
10/13/2026
$1,250,000
Initial Price by Nick Andreassi
Corcoran
Launch

Building Details for 301 East 48th Street

OwnershipCo-op
Building TypeHigh-Rise
Service LevelFull Service
AgePost-War
AccessElevator
Year Built1964
Financing Allowed75%
Floors/Apts20/192
Learn More About the Building

Transit and Citi Bike

Subway

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

Railroad

Grand CentralLong Island Rail Road
0.36 miles
Grand CentralMetro-North Railroad
0.43 miles

Citi Bike

E 47 St & 2 Ave
0.08 miles
E 51 St & 2 Ave
0.13 miles

Contact Agents

Contact Agents

2 Open Houses

Wednesday, October 14, 2026
5:00 PM - 6:00 PM
View this property on the company's website

Building Availability

APPSF
Median
Average
$746
$799,000
$899,667
$751
$602,500
$602,500
Last 12 months
$782
-
-
$67
$3,500
$3,500

Two Beds in Turtle Bay

APPSF
Median
Average
$1,534
$1,845,000
$2,069,359
$1,441
$1,875,000
$1,925,400

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: 2208195