12
Map
$510,000
●
Condo -
Off Market
321 E 48TH Street #11L
Manhattan, NY 10017
Studio
1 Bath
459 Ft²
$3,256
Est. Monthly
$751
HOA / Fees
5.64%
Cap Rate
About This Property
Coming Soon
Unit Size
459 Ft²
Days on Market
277 days
Land Size
-
Price per sqft
$1,111
Property Type
Condo
Property Taxes
-
HOA Dues
$751
Year Built
1962
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (RLS #RPLU-5122869170)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 10, 2024 | Sold | ||
| Sold | |||
| Oct 24, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Price Decreased |
$525,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Jun 10, 2024 | Relisted | $535,000 | |
| Relisted | |||
| Jun 8, 2024 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Doorman
Elevator
Parking Available
Air Conditioning
With View
Interior Details
Full Bathrooms: 1
Interior Features: Dining Area
Appliances: Washer Dryer Allowed
Living Area: 459
Laundry Features: Building In Basement
Rooms: 2
Exterior Details
Year Built: 1962
Building Name: Continental Apartme
Outdoor Living Structures: None
Pets Allowed: Building Yes, Yes
Tax Lot: 7502
Tax Block: 01341
Utilities Details
Cooling Type: Central Air
Location Details
Subdivision Name: Turtle Bay
Stories Total: 14
View: Citylights
Association Fee: $751
Association Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
Stu
-
480 ft²
$1,167/ft²
$560,000
May 28, 2015
-
Feb 5, 2021
$936/mo
Condo
Stu
1
Bath
457 ft²
$1,072/ft²
$490,000
Jan 30, 2024
$490,000
Apr 29, 2024
$742/mo
Condo
Stu
1
Bath
454 ft²
$1,035/ft²
$470,000
Feb 8, 2024
$470,000
Apr 12, 2024
$780/mo
Condo
Stu
1
Bath
459 ft²
$1,002/ft²
$460,000
Oct 12, 2023
$460,000
Feb 7, 2024
$1,254/mo
Condo
Stu
1
Bath
454 ft²
$1,211/ft²
$550,000
May 24, 2017
$550,000
Aug 9, 2017
$968/mo
Condo
Stu
1
Bath
450 ft²
$1,064/ft²
$479,000
Oct 20, 2020
$479,000
Feb 18, 2021
$1,194/mo
Active
Condo
Stu
1
Bath
425 ft²
$1,082/ft²
$460,000
Nov 19, 2024
-
$1,309/mo
Active
Condo
Stu
1
Bath
432 ft²
$1,157/ft²
$500,000
Nov 13, 2024
-
$1,164/mo
Condo
Stu
1
Bath
439 ft²
$1,253/ft²
$550,000
Jan 24, 2024
-
$611/mo
Condo
Stu
1
Bath
354 ft²
$1,271/ft²
$450,000
Jan 24, 2024
-
$493/mo
In Contract
Condo
1
Bed
1
Bath
615 ft²
$854/ft²
$525,000
Sep 16, 2024
-
$1,517/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
11/14/2024
|
1 Bed
|
1 Bath
|
554 ft²
|
$725,000
1 Bed
1 Bath
554 ft²
|
$670,000
-7.59%
03/17/2025
|
-
|
Michael Gidaly
Elliman
| |
|
08/18/2024
|
2 Bed
|
2 Bath
|
1087 ft²
|
$1,095,000
2 Bed
2 Bath
1087 ft²
|
$1,185,000
+8.22%
10/07/2024
|
-
|
Michael Gidaly
Elliman
| |
|
08/13/2024
|
Studio
|
1 Bath
|
543 ft²
|
$545,000
Studio
1 Bath
543 ft²
|
$540,000
-0.92%
12/17/2024
|
-
|
Michael Gidaly
Elliman
| |
|
06/06/2024
|
Studio
|
1 Bath
|
-
|
$499,000
Studio
1 Bath
|
$480,000
-3.81%
10/18/2024
|
-
|
Michael Gidaly
Elliman
| |
|
05/29/2024
|
Studio
|
-
|
457 ft²
|
$499,000
Studio
-
457 ft²
|
$490,000
-1.80%
08/19/2024
|
-
|
Michael Gidaly
Elliman
| |
|
05/07/2024
|
Studio
|
1 Bath
|
-
|
$445,000
Studio
1 Bath
|
$420,000
-5.62%
12/03/2024
|
-
|
Yiming Wu
Sothebys International Realty
| |
|
03/07/2024
|
Studio
|
1 Bath
|
459 ft²
|
$535,000
Studio
1 Bath
459 ft²
|
$510,000
-4.67%
12/10/2024
|
-
|
Michael Gidaly
Elliman
| |
|
03/05/2024
|
Studio
|
1 Bath
|
513 ft²
|
$525,000
Studio
1 Bath
513 ft²
|
$525,000
07/08/2024
|
-
|
Michael Gidaly
Elliman
| |
|
02/08/2024
|
Studio
|
1 Bath
|
454 ft²
|
$485,000
Studio
1 Bath
454 ft²
|
$470,000
-3.09%
04/12/2024
|
-
|
Michael Gidaly
Elliman
| |
|
01/30/2024
|
1 Bed
|
1 Bath
|
459 ft²
|
$515,000
1 Bed
1 Bath
459 ft²
|
$515,000
05/10/2024
|
-
|
Michael Gidaly
Elliman
| |
|
01/30/2024
|
Studio
|
1 Bath
|
457 ft²
|
$475,000
Studio
1 Bath
457 ft²
|
$490,000
+3.16%
04/29/2024
|
-
|
Michael Gidaly
Elliman
| |
|
10/15/2023
|
1 Bed
|
1 Bath
|
543 ft²
|
$599,000
1 Bed
1 Bath
543 ft²
|
$565,000
-5.68%
04/26/2024
|
-
|
Michael Gidaly
Elliman
| |
|
10/12/2023
|
Studio
|
1 Bath
|
459 ft²
|
$480,000
Studio
1 Bath
459 ft²
|
$460,000
-4.17%
02/07/2024
|
-
|
Michael Gidaly
Elliman
| |
|
10/12/2023
|
1 Bed
|
1 Bath
|
525 ft²
|
$565,000
1 Bed
1 Bath
525 ft²
|
$535,000
-5.31%
01/12/2024
|
-
|
Michael Gidaly
Elliman
| |
|
09/11/2023
|
Studio
|
1 Bath
|
513 ft²
|
$465,000
Studio
1 Bath
513 ft²
|
$425,000
-8.60%
01/05/2024
|
-
|
Senad Ahmetovic
Brown Harris Stvns Forest Hill
| |
|
06/12/2023
|
Studio
|
1 Bath
|
550 ft²
|
$495,000
Studio
1 Bath
550 ft²
|
$495,000
07/18/2023
|
-
|
Ekaterina Nadirova
Douglas Elliman Real Estate
| |
|
05/16/2023
|
Studio
|
1 Bath
|
-
|
$450,000
Studio
1 Bath
|
$438,000
-2.67%
10/02/2023
|
-
|
Elyse Rothenberg
Halstead Property, LLC
| |
|
08/24/2022
|
2 Bed
|
2 Bath
|
-
|
$1,580,000
2 Bed
2 Bath
|
-
-
|
-
|
Yuan Wang
Block & Lot Services Inc
| |
|
12/13/2022
|
Studio
|
1 Bath
|
-
|
$460,000
Studio
1 Bath
|
$450,000
-2.17%
03/27/2023
|
-
|
Senad Ahmetovic
Brown Harris Stvns Forest Hill
| |
|
08/11/2022
|
Studio
|
1 Bath
|
-
|
$450,000
Studio
1 Bath
|
$487,000
+8.22%
10/20/2022
|
-
|
Margaret Lacey
Brown Harris Stevens Residential Sales LLC
| |
|
05/04/2022
|
Studio
|
1 Bath
|
-
|
$465,000
Studio
1 Bath
|
$470,000
+1.08%
07/07/2022
|
-
|
Senad Ahmetovic
Brown Harris Stvns Forest Hill
| |
|
03/23/2022
|
1 Bed
|
1 Bath
|
-
|
$710,000
1 Bed
1 Bath
|
$700,000
-1.41%
05/17/2022
|
-
|
Jeremy Zborowski
Emerson Realty NY
| |
|
02/02/2022
|
Studio
|
1 Bath
|
-
|
$455,000
Studio
1 Bath
|
$427,500
-6.04%
04/15/2022
|
-
|
Alrence Trinona
Halstead Property, LLC
| |
|
09/22/2021
|
Studio
|
1 Bath
|
-
|
$429,000
Studio
1 Bath
|
$415,000
-3.26%
01/19/2022
|
-
|
Alrence Trinona
Halstead Property, LLC
| |
|
12/02/2020
|
Studio
|
1 Bath
|
-
|
$495,000
Studio
1 Bath
|
$457,500
-7.58%
06/22/2021
|
-
|
Margaret Lacey
Brown Harris Stevens Residential Sales LLC
| |
|
10/06/2020
|
Studio
|
1 Bath
|
-
|
$445,000
Studio
1 Bath
|
-
-
|
-
|
Shaun Ray
Charles Rutenberg Realty Inc
| |
|
10/20/2020
|
Studio
|
1 Bath
|
450 ft²
|
$479,000
Studio
1 Bath
450 ft²
|
$479,000
02/18/2021
|
-
|
Joseph Chaplin
Prudential Douglas Elliman Real Estate
| |
|
08/13/2019
|
Studio
|
1 Bath
|
350 ft²
|
$560,000
Studio
1 Bath
350 ft²
|
$479,000
-14.46%
07/08/2020
|
-
|
Edwin R Josue
Brown Harris Stevens Residential Sales LLC
| |
|
06/11/2019
|
1 Bed
|
1 Bath
|
770 ft²
|
$925,000
1 Bed
1 Bath
770 ft²
|
$725,000
-21.62%
04/22/2020
|
-
|
Stephen P Wald
Stephen P Wald Real Estate Associates Inc
| |
|
07/17/2018
|
Studio
|
1 Bath
|
-
|
$625,000
Studio
1 Bath
|
$575,000
-8.00%
03/08/2019
|
-
|
Eric D Rosen
Compass
| |
|
08/03/2017
|
2 Bed
|
2 Bath
|
1350 ft²
|
$1,650,000
2 Bed
2 Bath
1350 ft²
|
$1,499,000
-9.15%
10/17/2017
|
-
|
Richard Goldberg
Noble Realty
| |
|
02/27/2017
|
2 Bed
|
2 Bath
|
1375 ft²
|
$1,715,000
2 Bed
2 Bath
1375 ft²
|
-
-
|
-
|
Richard Goldberg
Noble Realty
| |
|
07/29/2017
| |
2 Bed
|
2 Bath
|
1350 ft²
|
-
2 Bed
2 Bath
1350 ft²
|
-
-
|
-
|
-
|
|
07/21/2017
|
2 Bed
|
2 Bath
|
1350 ft²
|
$1,650,000
2 Bed
2 Bath
1350 ft²
|
$1,425,000
-13.64%
10/12/2017
|
-
|
Richard Goldberg
Noble Realty
| |
|
05/24/2017
|
Studio
|
1 Bath
|
454 ft²
|
$550,000
Studio
1 Bath
454 ft²
|
$550,000
08/09/2017
|
-
|
James R. Reed III
KIAN Realty NYC
| |
|
05/12/2017
|
Studio
|
1 Bath
|
497 ft²
|
$495,000
Studio
1 Bath
497 ft²
|
$556,000
+12.32%
09/29/2017
|
-
|
Fay Curtis
exp Realty NYC
| |
|
05/01/2017
|
2 Bed
|
2 Bath
|
1200 ft²
|
$1,650,000
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
|
Richard Goldberg
Noble Realty
| |
|
03/21/2017
|
1 Bed
|
1 Bath
|
-
|
$848,000
1 Bed
1 Bath
|
-
-
|
-
|
Richard Goldberg
Noble Realty
| |
|
02/28/2017
|
1 Bed
|
1 Bath
|
-
|
$829,000
1 Bed
1 Bath
|
-
-
|
-
|
Richard Goldberg
Noble Realty
| |
|
02/16/2017
|
1 Bed
|
1 Bath
|
725 ft²
|
$849,000
1 Bed
1 Bath
725 ft²
|
-
-
|
-
|
Richard Goldberg
Noble Realty
| |
|
04/27/2016
|
Studio
|
1 Bath
|
-
|
$499,000
Studio
1 Bath
|
$515,000
+3.21%
02/05/2021
|
-
|
Margaret Lacey
Brown Harris Stevens Residential Sales LLC
| |
|
04/25/2016
|
Studio
|
1 Bath
|
-
|
$545,000
Studio
1 Bath
|
$545,000
02/05/2021
|
-
|
Victoria Vinokur
Elliman
| |
|
12/18/2015
|
Studio
|
1 Bath
|
500 ft²
|
$565,000
Studio
1 Bath
500 ft²
|
$530,000
-6.19%
05/05/2016
|
-
|
Joseph Chaplin
Prudential Douglas Elliman Real Estate
| |
|
08/25/2015
|
3 Bed
|
3 Bath
|
1900 ft²
|
$1,995,000
3 Bed
3 Bath
1900 ft²
|
$2,151,500
+7.84%
07/11/2018
|
-
|
Margaret Lacey
Brown Harris Stevens Residential Sales LLC
| |
|
05/28/2015
|
Studio
|
-
|
480 ft²
|
$565,000
Studio
-
480 ft²
|
$560,000
-0.88%
02/05/2021
|
-
|
Eric Rosen
Compass
| |
|
03/31/2015
|
1 Bed
|
1 Bath
|
960 ft²
|
$1,275,000
1 Bed
1 Bath
960 ft²
|
$1,009,000
-20.86%
02/05/2021
|
-
|
Zachary Sosne
Next Stop NY
| |
|
02/11/2015
|
2 Bed
|
2 Bath
|
1345 ft²
|
$1,625,000
2 Bed
2 Bath
1345 ft²
|
$1,600,000
-1.54%
07/31/2015
|
-
|
Beau Nova
Charles Rutenberg, LLC
| |
|
10/08/2014
|
Studio
|
1 Bath
|
400 ft²
|
$499,000
Studio
1 Bath
400 ft²
|
$495,000
-0.80%
02/05/2021
|
-
|
Andrew Fine
Halstead Property, LLC
| |
|
09/17/2014
|
Studio
|
1 Bath
|
600 ft²
|
$569,000
Studio
1 Bath
600 ft²
|
$550,000
-3.34%
11/25/2014
|
-
|
Tamara Shaoul
Corcoran Group
| |
|
09/12/2014
|
Studio
|
1 Bath
|
543 ft²
|
$569,000
Studio
1 Bath
543 ft²
|
$569,000
02/05/2021
|
-
|
Andrew Glick
Brown Harris Stevens Residential Sales LLC
| |
|
05/22/2014
|
1 Bed
|
1 Bath
|
725 ft²
|
$759,000
1 Bed
1 Bath
725 ft²
|
$675,000
-11.07%
02/05/2021
|
-
|
Richard Goldberg
Noble Realty
| |
|
04/28/2014
|
1 Bed
|
1 Bath
|
730 ft²
|
$700,000
1 Bed
1 Bath
730 ft²
|
-
-
|
-
|
Richard Goldberg
Noble Realty
| |
|
04/04/2014
|
Studio
|
1 Bath
|
-
|
$525,000
Studio
1 Bath
|
-
-
|
-
|
Jacqueline Ma
Elliman
| |
|
03/19/2014
|
1 Bed
|
1 Bath
|
730 ft²
|
$699,000
1 Bed
1 Bath
730 ft²
|
-
-
|
-
|
Richard Goldberg
Noble Realty
| |
|
03/18/2014
|
Studio
|
1 Bath
|
500 ft²
|
$525,000
Studio
1 Bath
500 ft²
|
$499,000
-4.95%
09/29/2014
|
-
|
Sandra Balan
The Corcoran Group
| |
|
12/31/2013
|
1 Bed
|
1 Bath
|
720 ft²
|
$745,000
1 Bed
1 Bath
720 ft²
|
-
-
|
-
|
Richard Goldberg
Noble Realty
| |
|
11/12/2013
|
Studio
|
1 Bath
|
-
|
$559,000
Studio
1 Bath
|
$549,000
-1.79%
02/05/2021
|
-
|
Simon Simantov
Nest Seekers LLC
| |
|
06/25/2013
|
Studio
|
1 Bath
|
543 ft²
|
$569,000
Studio
1 Bath
543 ft²
|
$550,000
-3.34%
11/22/2013
|
-
|
Keith Davidson
The Corcoran Group
| |
|
03/27/2013
|
Studio
|
1 Bath
|
450 ft²
|
$465,000
Studio
1 Bath
450 ft²
|
$463,000
-0.43%
07/03/2013
|
-
|
Jacqueline Ma
Elliman
| |
|
03/23/2013
|
2 Bed
|
2 Bath
|
-
|
$1,100,000
2 Bed
2 Bath
|
$1,015,000
-7.73%
02/05/2021
|
-
|
Margaret Lacey
Brown Harris Stevens Residential Sales LLC
| |
|
01/07/2013
|
3 Bed
|
3 Bath
|
-
|
$1,895,000
3 Bed
3 Bath
|
-
-
|
-
|
Margaret Lacey
Brown Harris Stevens Residential Sales LLC
| |
|
11/29/2012
|
1 Bed
|
1 Bath
|
-
|
$695,000
1 Bed
1 Bath
|
-
-
|
-
|
Richard Goldberg
Noble Realty
| |
|
09/20/2012
|
Studio
|
1 Bath
|
465 ft²
|
$435,000
Studio
1 Bath
465 ft²
|
-
-
|
-
|
John B Gomes
Prudential Douglas Elliman Real Estate
|
Building Info
Continental Apartme
321 East 48th Street, New York, NY 10017
- 127 Units
- 2 Units for Sale
About Midtown Manhattan
Similar Homes for Sale
$450,000
- Studio
- 1 Bath
- 354 ft²
$550,000
- Studio
- 1 Bath
- 439 ft²
Nearby Rentals
Listed by: George Shapiro
Listing Courtesy of Douglas Elliman Real Estate
Last Updated: 5 months ago
Last Checked: 3 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of Douglas Elliman Real Estate
Last Updated: 5 months ago
Last Checked: 3 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
