by RH Advisors

Check Availability
$13,950,000
Townhouse - For Sale

241 E 48TH Street

Manhattan, NY 10017
bedrooms
4 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
5500 Sqft
$74,697
Estimated Monthly
$0
HOA / Fees
0.20%
Cap Rate

About This Property

This spectacular 5 floor townhome is delivered with a lush private garden, an abundance of closet space, premier finishes, and unparalleled amenities with its elevator access throughout the home. Luxury and thoughtful design are abundant throughout this 4 bedroom 5.5 bathroom 5,500 SF home. A Georgian facade with timeless details welcomes you into the spectacular home, gorgeous hardwood floors flow throughout the stunning space paired with oversized floor to ceiling and casement windows on each floor. Equipped with integrated smart home technology and elevator access on each floor gives this classic home a touch of modernity.

Turtle Bay Gardens is the epitome of iconic living. You're in good company with previous residents Katherine Hepburn, Bob Dylan, Stephen Sondheim, and E.B. White, all who beckoned home to Turtle Bay Gardens.

The famous garden community, developed in 1920, is comprised of 20 homes and gardens on 48th Street and 49th Street between 2nd and 3rd Avenues. Reminiscent of an intimate garden in Italy, a willow tree-lined central esplanade detailed with benches and fountain is shared among the homes with tasteful masonry walls separating individual private green spaces.

Garden Floor:
An open floorplan chef's kitchen delights with a grandiose kitchen island and the perfect breakfast nook to start your days. Beyond the kitchen, 20' ceilings welcome you into the grand room that is bathed in natural light from the wide-set windows and incredible skylight that lead into and a sunroom perfect for more dining and entertaining space. Elegant wainscoting, classic mouldings with gas-burning fire place accentuates the charm and elegance of the garden floor.

Parlour Floor:
The breathtaking formal parlour floor with soaring ceiling heights and floor to ceiling windows overlooks the private garden. Take in the serenity of your private garden on the Juliet balcony just beyond the dramatic windows. A gas-burning marble fireplace creates the perfect ambiance for a cozy night in or for entertaining guests.

Third Floor:
Two gracious bedrooms are situated on the third floor with en-suite baths for each room along with desirable walk-in closets. Storage is no issue as the third floor delivers floor to ceiling custom built closets lining the elegant hallway.

Fourth Floor:
The fourth floor hosts the refined and spacious primary bedroom suite overlooking the serene garden. The primary bathroom is a masterpiece complete with double vanities, a glass-walled shower, and a luxurious marble soaking tub. A grand walk-through closet connects the bedroom with a separate powder room along with multiple custom closets completing this enviable primary home floor.

Fifth Floor:
The fifth floor suite is equipped with a private full bathroom and kitchenette providing an ideal arrangement for guests or staff. The towering ceilings paired with the impressive skylight create a stunning finish to this top floor with a south facing balcony and separate terrace facing the private garden for a thoughtfully designed oasis.

Cellar:
The full floor cellar includes an entertainment room with a full bath, the building mechanicals, laundry room, and allows for even more storage space.

Stretching from East 43rd to 53rd Streets and from Lexington Avenue to the East River, Turtle Bay is an international enclave on formerly Dutch farmland. The area boasts dozens of businesses, restaurants, and specialty groceries that cater to a global clientele. Conveniently located near Midtown and the Upper East Side home to spectacular sites including the sculpture garden at Amster Yard or the 25-foot waterfall in Greenacre Park; Turtle Bay Gardens, a cluster of historic townhomes on East 48th and 49th Streets, with an incredible shared garden in between, is the true crown jewel.
Unit Size
5,500Ft²
Days on Market
22 days
Land Size
0.05 acres
Price per sqft
$2,536
Property Type
Townhouse
Property Taxes
$6,200
HOA Dues
-
Year Built
1861
Listed By
Justin Tuinstra
Prudential Douglas Elliman Real Estate
Last updated: 22 days ago (RLS #RPLU-5122952730)

Price History

Date / Event Date Event Price
Apr 8, 2024 Listed by Douglas Elliman Real Estate $13,950,000
Listed by Douglas Elliman Real Estate
Sep 6, 2012 Sold to Robert P Locascio $5,200,000
Sold to Robert P Locascio

Property Highlights

Air Conditioning
Fireplace
Interior Details

Bedroom Information

Bedrooms: 4

Bathroom Information

Full Bathrooms: 5
Half Bathrooms: 1

Interior Information

Appliances: Washer Dryer Allowed
Living Area: 5500

Room Information

Laundry Features: Washer Hookup, In Unit
Rooms: 5

Fireplace Information

Has Fireplace
Gas
Fireplaces: 1

Basement Information

Exterior Details

Property Information

Year Built: 1899

Building Information

Outdoor Living Structures: None
Pets Allowed: Building Yes, No

Lot Information

Lot Size Dimensions: 100.42x20.00

Land Information

Tax Lot: 0018
Tax Block: 01322

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
4 Beds
5 Baths
5,300 ft²
$3,113/ft²
$16,500,000 Feb 19, 2010
- Feb 5, 2021
$14,432/mo
Condo
4 Beds
6 Baths
4,800 ft²
$3,021/ft²
$14,500,000 Nov 28, 2018
$14,500,000 Nov 28, 2018
$5,250/mo
Condo
4 Beds
6 Baths
4,613 ft²
$3,089/ft²
$14,250,000 Mar 14, 2021
$14,250,000 Apr 16, 2021
$25,706/mo
Condo
4 Beds
4 Baths
4,300 ft²
$2,930/ft²
$12,600,000 Nov 7, 2018
$12,600,000 Jun 26, 2019
$14,034/mo
Condo
4 Beds
5 Baths
4,187 ft²
$3,618/ft²
$15,150,000 Sep 7, 2017
$15,150,000 Aug 22, 2018
$13,419/mo
Condo
4 Beds
4 Baths
3,809 ft²
$3,282/ft²
$12,500,000 Jan 18, 2022
$12,500,000 Apr 3, 2023
$13,503/mo
Condo
4 Beds
4 Baths
5,380 ft²
$3,067/ft²
$16,500,000 Nov 30, 2023
-
$8,554/mo
Townhouse
4 Beds
6 Baths
4,703 ft²
$2,445/ft²
$11,500,000 Apr 11, 2023
-
$6,080/mo
Condo
4 Beds
4 Baths
4,765 ft²
$3,253/ft²
$15,500,000 Apr 14, 2023
-
$16,588/mo
Co-op
4 Beds
4 Baths
4,500 ft²
$3,322/ft²
$14,950,000 Nov 6, 2023
-
$14,054/mo
Condo
4 Beds
4 Baths
4,220 ft²
$3,526/ft²
$14,880,000 Apr 5, 2021
-
$16,165/mo
Condo
4 Beds
5 Baths
3,929 ft²
$4,009/ft²
$15,750,000 Apr 2, 2024
-
$9,695/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

241 East 48th Street 241 East 48th Street, New York, NY 10017
  • 1 Units
  • 1 Unit for Sale
More about this Building
241 East 48th Street
Want to find out who owns 241 East 48th Street, New York, NY 10017? Get detailed property transactions here .

About Midtown Manhattan


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