1 month on rocket

241 E 48th St, New York City, NY, 10017

$12,900,000

5 Bedrooms
5 Full Baths, 1 Partial
5,500 SqFt
$2,345/SqFt
Townhouse

Location

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Property Highlights

Home TypeTownhouse
Year Built1899
HeatingCentral
CoolingCentral Air
FireplaceOther
MLS #COMP-1687924808963243929
StatusActive

About 241 E 48th St

The offering of 241 East 48th Street is the singular confluence of all of a Manhattan townhouse buyer's dreams. A house steeped in rich history, located in a well-respected and often-envied location, with a level five gut renovation, and barely lived in, is unparalleled in the current marketplace. This house must be seen to be believed, so please reach out to set up a showing! The home is located in the esteemed Turtle Bay Gardens, a storied group of twenty townhouses surrounding a shared, manicured garden. These homes were initially renovated to have all major rooms facing the garden, and now 241 has been completely reimagined for the modern era. Through a multi-year, Landmarks-approved restoration and renovation, the house has been expanded size wise to reveal its maximum potential, and completely rebuilt with an eye towards the finest materials and finishes. All finish materials were custom crafted by artisans in Portugal and shipped into New York for installation. The result is an approximately 5,500 square foot, 20' wide Georgian townhouse, ready for its lucky new owner-- offered at well below replacement value. With everything thought through, a new owner need not touch a thing. There is a hydraulic elevator, full smart home and security system, and the structure of the house was reinforced throughout with steel, leading to no sound of creaks. The air system is humidity-controlled and zoned by room, offering the highest level of comfort year round. Each double-hung window was replaced and holds custom, electric shades that are individually controlled. A tour through the house reveals the level of detail the owner took on the renovation: wainscoting, custom stone, and beautiful design abound, resulting in a house that is more a work of art than real estate. Ground level: Enter through a securitized foyer to an open-plan kitchen with waterfall island and chef's appliances. This floor has a built-in dining banquette for breakfast or more casual dining, an elegant seating area around a gas fireplace, and one of the most stunning formal dining areas towards the rear of the home. A feat of architecture, the home was expanded back and shrouded in a glass skylight and wall, which creates 20' ceilings on the ground level and significant light to enjoy the feel of the Turtle Bay Gardens. Also on this floor is a powder room for guests, access to the cellar level, and entry storage. Parlor level: Also enjoying a mezzanine view down to the skylight, this elegant floor is a more formal living area with another gas fireplace and a built-in library wall. Third level: The current design raised the primary bedroom well far from street level, and thus the first floor of bedrooms is on three. There are two full-width, en-suite bedrooms with expansive, customized closets. One enjoys the southern light over 48th Street while its twin enjoys serene views and exposure over the gardens. Fourth level: The fourth level is the primary suite, occupying the entire floor. The primary bedroom is north-facing over the garden and connects through an enormous walk-in closet to the full-with primary bath. The bath has a soaking tub, double vanities, water closet, and stall shower. Fifth level: The top level has the feel of a lofted penthouse, is entirely open and bathed in light. There is a full bathroom with a kitchenette, ideal for use as a guest area. The ceilings climb in height, rare for a townhouse's top floor, and there is a terrace overlooking the garden. Cellar level: The cellar was excavated and finished, and has an entertainment room or gym, full bathroom, state of the art mechanical room, and vented laundry. Turtle Bay Gardens is historically a home to intelligentsia and the artistic; previous residents include Stephen Sondheim, E.B. White, Bob Dylan, and Katherine Hepburn. Located ideally between Midtown and the East River, the location is remarkably convenient and international, and the gardens themselves are a unique oas

Property Details

Property Features

Property Information:

  • Year Built: 1899
  • Living Area: 5,500 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Michael Koeneke
  • Agent Phone: (858) 922-4308

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Wine Cooler, Washer
  • Interior: Built-in Features, Entrance Foyer, Eat-in Kitchen, Kitchen Island, Walk-In Closet(s)
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Attached Garage: No

Virtual/3D Tour

  • Virtual Tour: 241 E 48th St
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,900,000
  • Price Per SqFt: $2,345/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

241 E 48th St vs New York

47 DAYS ON ROCKET

-38 Days

$12,900,000

+$12.0M More

$2,345/SqFt

+$1.6K More

KEY TAKEAWAY

This property is $12.0M more than the Median Sold Price and $1.6K/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1687924808963243929

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Michael Koeneke
  • Agent Phone: (858) 922-4308

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/17/2024, 8:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$64.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$38.7K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4230809
8
/10
  • P.S. 59 Beekman Hill International School

  • 231 E 56th St # 249

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-4230810
9
/10
  • The River School

  • 425 E 35th St

  • 0.68 miles

  • Public District Grades PK-4

school-card-donut-4230811
9
/10
  • P.S. 267 East Side Elementary School

  • 213 E 63rd St

  • 0.75 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,503. Typical income of New York, NY residents is less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 241 E 48th St

What is the listing price of this property?

The listing price of 241 E 48th St property is $12,900,000.

What type of property is this?

The property 241 E 48th St is a townhouse located in New York City, New York, 10017.

Is this property for sale now?

Active Listing: 241 E 48th St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 241 E 48th St has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 241 E 48th St is 5,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 241 E 48th St is 1899.
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Rocket HomesNew YorkNew York10017241 E 48th St

This home is located at 241 E 48th St in New York City, NY and zip code 10017 in the Turtle Bay neighborhood. This 5,500 square foot home was built in 1899. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $12,900,000.

Over 220 listings were sold over their listed price in November 2024 in New York, NY. In the same period over 758 listings were sold below the listed price and 769 listings were sold for the listed price. The number of homes for sale in New York, NY decreased by 7.2% between October 2024 and November 2024. Listings spent 85 days on the market in November 2024, and had a median list price of $850,115 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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