The Cosmopolitan

The Cosmopolitan is a condo located 145 East 48th Street, in Turtle Bay, New York. The building was first built in 1985 and is 39 years old. The lot that the building was built on is 140 feet wide and 100 feet long. The official lot area is listed as 13,012 square feet. In total, 145 East 48th Street has a total floor area of 165,538 square feet. Of that, 141,519 square feet are used for residential purposes. About 24,019 square feet of the building are used for commercial purposes. Additionally, the building has a 9,301 square feet garage. There are a total of 213 units. Of those, 207 are residential units. There are 6 commercial units. 145 East 48th Street has a total of 32 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 827 closings on record, of which we have matching data for 71 listings. In the past 3 years, a listing in this building will typically remain on the market for about 141 days and tend to sell above the original asking price of $881,500 by 5.45%. Meaning, listings tend to sell at a median of $1,308 price per square foot. The transaction that took the longest to complete was unit 25B, listed on Feb 24, 2016 for $1,225,000. This particular unit ultimately sold 344 days later for $0. The most recent transaction was for unit 11E, which was first advertised on Oct 21, 2023, sold for $663,128 on Feb 15, 2024. Fun fact, the oldest transaction we have on record took place on Aug 31, 1985. See the full transaction history for The Cosmopolitan below.

Turtle Bay, where 145 East 48th Street is located, has a median asking price of $2,000,000 for condo buildings. Meanwhile, the building itself has a median asking price of $881,500. For interested buyers, that means the building's median asking price is around 0.56% 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 4 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 $999,000. It is a 761 sqft 1 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $439,900. It is a studio and 1 bathroom unit. A breakdown of active listings shows 3 studio, 1 one-bedroom, no two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $675,000. Collectively, the median square footage of these active units for sale is 225 sqft. Active units for sale at 145 East 48th Street are mostly studio apartments and have a median count of 1 bathroom.