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48 Market Street

48 Market Street, New York, NY 10002
Condo in Two Bridges
28 Units
2 Units For Sale
Unit for sale at 48 Market Street, New York, NY 10002

$798,000 ↑ $10K

  • 2 Beds
  • 1 Bath
48 Market Street #6D, New York, NY 10002 Listing by Ya Xin Zheng

Unit for sale at 48 Market Street, New York, NY 10002

$838,000 ↑ $58K

  • 3 Beds
  • 2 Baths
48 Market Street #3A, New York, NY 10002 Listing by Fuqiong Wang

48 Market Street is a condo located in Two Bridges, New York. The building was first built in 1990 and is 34 years old. The lot that the building was built on is 75 feet wide and 88 feet long. The official lot area is listed as 6,573 square feet. In total, 48 Market Street has a total floor area of 21,923 square feet. Of that, 16,832 square feet are used for residential purposes. About 5,091 square feet of the building are used for commercial purposes. There are a total of 28 units. Of those, 26 are residential units. There are 2 commercial units.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 55 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 113 days and tend to sell below the original asking price of $733,500 by 15.54%. Meaning, listings tend to sell at a median of $1,055 price per square foot. The transaction that took the longest to complete was unit 9A, listed on Feb 11, 2023 for $899,000. This particular unit ultimately sold 144 days later for $860,000. The most recent transaction was for unit 4B, sold for $0 on Jan 16, 2024. Fun fact, the oldest transaction we have on record took place on Feb 17, 1970. See the full transaction history for 48 Market Street below.

Two Bridges, where 48 Market Street is located, has a median asking price of $2,100,000 for condo buildings. Meanwhile, the building itself has a median asking price of $733,500. For interested buyers, that means the building's median asking price is around 0.65% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $838,000. It is a 3 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $798,000. It is a 2 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, no one-bedroom, 1 two-bedroom, 1 three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $818,000. Active units for sale at 48 Market Street are mostly 2.5-bedroom apartments Active units for sale at 48 Market Street have a median count of 2.5 bedrooms and have a median count of 1.5 bathrooms.

Building Features

Pet Policy

Dogs Allowed / Cats Allowed
Cats Allowed

Parking

No Parking
Off-Site Parking

Accessibility

Elevators

Location

Near Public Transit
This property description is generated based on publicly available data.

6 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230603 Unit 2D
06/03/2023
2D
1 Bed
1 Bath
-
$628,000
bedrooms
1 Bed
bathrooms
1 Bath
$460,000 -26.75%
08/24/2023
Zhaohua Zhang
East Coast REALTORS Inc
20230215 Unit 3A
02/15/2023
3A
3 Bed
2 Bath
-
$888,000
bedrooms
3 Bed
bathrooms
2 Bath
-
-
-
Jian Lian Zheng
Winzone Realty Inc
20230211 Unit 9A
02/11/2023
9A
2 Bed
2 Bath
852 ft²
$899,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
852 ft²
$860,000 -4.34%
07/06/2023
FengZhen Chen
E House Realty & Mgt. Inc.
20210417 Unit 3A
04/17/2021
3A
3 Bed
2 Bath
706 ft²
$899,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
706 ft²
-
-
-
Jian Lian Zheng
Winzone Realty Inc
20200811 Unit 3A
08/11/2020
3A
3 Bed
2 Bath
706 ft²
$960,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
706 ft²
-
-
-
Cynthia Leung
Winzone Realty Inc
20190417 Unit 3C
04/17/2019
3C
1 Bed
1 Bath
900 ft²
$868,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
900 ft²
-
-
-
Ya Zheng
Winzone Realty Inc

Building Info

Overview

    General

  • Year Built: 1990
  • Building Count: 1
  • Total Unit Count: 28
  • Residential Unit Count: 26
  • Basement Type: 5

    Dimensions

  • Lot Area Sqft: 6,573
  • Lot Size Depth Feet: 88
  • Lot Size Frontage Feet: 75
  • Gross Building Area: 21,923

    Building Floor Area

  • Residential Building Floor Area: 16,832
  • Commercial Building Floor Area: 5,091
  • Office Building Floor Area: 5,091

    Floor Area Ratio

  • Built Floor Area Ratio: 3
  • Residential Floor Area Ratio: 3
  • Facilities Floor Area Ratio: 7

Building

  • Building Type: RM
  • Lot Type: 5
  • Land Use: 04
  • Irregular Lot Code: Y

Neighborhood

  • Community District: 103
  • City Council District: 1
  • Police Precinct: 5
  • Fire Company: E009
  • Health Area: 7800
  • Sanitation District Borough: 1
  • Sanitation Subsection: 1A
  • School District: 02

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R7-2

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 274
  • Lot: 7501
  • Borough Block Lot: 1002747501

    Address

  • Full Address: 48 Market Street
  • Condominium Number: 977
  • Zip Code: 10002

Valuation

    Assessments Valuation

  • Assessed Total Value: $3,425,855
  • Assessed Land Value: $292,502

    Exemptions

  • Exempt Total Value: $617,813
  • Exempt Land Value: $0

About Downtown Manhattan




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Frequently Asked Questions

What neighborhood is 48 Market Street located in?
The 48 Market Street is a condo located in the neighborhood of Two Bridges in Downtown Manhattan, New York.
How many listings are currently for sale in 48 Market Street?
There are two listings currently on the market for sale.
What is the average sales price for listings in 48 Market Street?
The average sales price for units in 48 Market Street is $733,500 , or $1,055/sqft. currently.

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