221 East 48th Street TOWNHOUSE

5,380 ft²

$836 per ft²

20 rooms

12 beds

5 baths

Condo
Turtle Bay
Resale

reported sale

Sold on 7/3/2021

Not yet verified by closing records

Seller's agents

Will Conrad

Licensed Associate Real Estate Broker

Cushman & Wakefield Realty of Manhattan LLC

Charlotte Redican

Licensed Real Estate Salesperson

Cushman & Wakefield Realty of Manhattan LLC

This home has been saved by 22 users.

Report listing

Listing by Cushman & Wakefield Realty of Manhattan LLC, Limited Liability Broker, 1290 Avenue Of The, New York, NY 10104

Common charges

No info

Estimated payment

$31,544/mo

Taxes

$8,015/mo

Tax abatement

No info

About

Seller’s agent

Will Conrad

Licensed Associate Real Estate Broker

Cushman & Wakefield Realty of Manhattan LLC

Charlotte Redican

Licensed Real Estate Salesperson

Cushman & Wakefield Realty of Manhattan LLC

description

Cushman and Wakefield has been exclusively retained to market 221 East 48th Street (the “Property”), a vacant five-story multifamily building in the heart of Midtown East, adjacent Turtle Bay Gardens. The Property presents the incredible opportunity for an investor, developer, or user to acquire and reposition a vacant value-add building with significant upside and conversion potential.

Policies

Pets allowed

Home features

Central air
Dishwasher
Private outdoor space
Balcony, Roof deck, Roof rights, Terrace
View
City, Garden, Skyline
Washer/dryer

Building amenities

Services and facilities

No info on services and facilities

Wellness and recreation

No info on wellness and recreation

Shared outdoor space

Courtyard

About the building

Terra 48

221 East 48th Street, New York, NY 10017

Condo building in Turtle Bay

6 units

6 stories

1910 built

For sale

5 available units for sale

For rent

0 available units for rent

Documents and permits

View documents and permits

Learn more about Terra 48

Property history

Price Change: ↓ $249,998 (-5.3%) on 2/24/21
Days on market: 292 days

Date	Price	Event
5/17/2023	$4,500,002	Sold by Cushman & Wakefield Realty of Manhattan LLC
7/3/2021	$4,500,002	Delisted by Cushman & Wakefield Realty of Manhattan LLC
2/24/2021	$4,500,002	Price decreased by 5%
10/13/2020	$4,750,000	Price decreased by 14%
9/14/2020	$5,500,000	Listed by Cushman & Wakefield Realty of Manhattan LLC

Past listing photos

5/17/2023

Explore Turtle Bay

Transit

Location	Distance
EM6at 51st St	0.19 miles
EM6at Lexington Av–53rd St	0.23 miles
LIRRat Grand Central	0.26 miles
S4567at Grand Central–42nd St	0.3 miles
EMat 5th Av–53rd St	0.4 miles