$699,000

Estimated payment $4,822/month

Total Views 1,001
-- Bed
1 Bath
468 Sq Ft
$1,494 Price per Sq Ft

Highlights

  • Doorman
  • 3-minute walk to 23 Street (4,6 Line)
  • City View
  • P.S. 116 Mary Lindley Murray Rated A-
  • Rooftop Deck
  • Elevator

About This Home

Experience the best of modern Manhattan living in this sun-filled studio at ONE48, a boutique full-service condominium perfectly positioned at the crossroads of Gramercy Park, Flatiron, and NoMad. Residence 12B offers a rare combination of contemporary design, private outdoor space, and an unbeatable central location, making it an exceptional opportunity for both end-users and investors. Key Features Expansive Southeast-Facing Terrace: Step out onto your private terrace, a true extension of your living space, ideal for morning coffee, dining al fresco, or unwinding with open city views. This rare outdoor retreat sets the home apart in Manhattan s competitive market. Sun-Drenched Interiors: Floor-to-ceiling windows bathe the studio in natural light throughout the day, enhancing the sense of space and highlighting the 9-foot ceilings and beautiful oak hardwood floors. Flexible Layout: The open-concept design easily accommodates distinct living, sleeping, and work-from-home areas, offering versatility for any lifestyle. Gourmet Kitchen: Enjoy custom white lacquer cabinetry, quartz stone countertops, a glass backsplash, and premium stainless steel appliances including a dishwasher and a mobile island for extra prep or dining space perfect for both everyday living and entertaining. Spa-Inspired Bath: Relax in a deep soaking tub with an oversized rain shower, surrounded by imported European porcelain tiles, a custom walnut vanity, and modern Vasser fixtures for a luxurious daily experience. In-Unit Washer/Dryer: Enjoy the convenience of your own washer/dryer, plus abundant closet space with built-in storage solutions. Quiet and Private: South-facing windows ensure a peaceful atmosphere and excellent light, while high-quality construction provides a tranquil urban oasis. Building Amenities 24-Hour Attended Lobby and Full-Time Doorman for ultimate security and convenience State-of-the-art fitness center Landscaped and furnished rooftop terrace with BBQ area and panoramic city views Bike storage and live-in superintendent Pet-friendly, with flexible policies for pied- -terre, sublets, and investors Location Highlights Situated in vibrant Kips Bay, ONE48 places you moments from the best of downtown Manhattan. Enjoy easy access to the 6, N, and R subway lines, Madison Square Park, Gramercy Park, top restaurants, boutique shopping, and the city s cultural landmarks. Walk to Chelsea, Greenwich Village, Soho, Nolita, and Murray Hill all just minutes away. Why ONE48? With only 55 residences in this boutique, post-war building, ONE48 offers a sense of exclusivity and community. Built in 2009, the building combines sleek, understated architecture with the comforts of modern luxury, making it a standout choice in the Gramercy/Flatiron condo market. Discover the perfect blend of indoor-outdoor living, contemporary style, and central Manhattan convenience. Whether you re seeking a smart investment or a serene city home, this studio at ONE48 is not to be missed. Reach out today to schedule a private tour and experience the best of downtown living for yourself. *On-going assessment of $221.67 per month thru Feb 2026 to pay for upcoming capital improvements.

Listing Agent

John Lee

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,352

Year Built

  • 2009

Home Design

  • Studio

Interior Spaces

  • 1 Full Bathroom
  • 468 Sq Ft Home

Outdoor Features

  • Balcony
  • Rooftop Deck

Community Details

Overview

  • Mid-Rise Condominium
  • Kips Bay Community

Amenities

  • Doorman
  • Laundry Facilities
  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,352

Year Built

2009

Lot Details

0

Listing Details

  • ApartmentType: Studio
  • BuildingCommunityLaundry: Yes
  • BuildingCommunityPetsAllowed: Yes
  • BuildingDoorman: Yes
  • BuildingRooftop: Yes
  • Building Style: Mid-rise
  • InteriorAmps: 0
  • Number Of Stories: 0
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: New York
  • Prop. Type: Condo
  • PropertyZipCode: 10010
  • SForSaleAndRForRental: S
  • USStateAbbreviation: NY
  • ViewCity: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 2009

Interior Features

  • Balcony/Porch/Lanai  (Approx): Yes
  • Fireplaces: 0
  • Number of Rooms: 2
  • AboveArea Sq Ft: 468

Garage/Parking

  • Numberof Garage Spaces: 0

Utilities

  • Utilities: 0

Condo/Co-op/Association

  • HOA Fees: 917
  • Units in Building: 0

Schools

  • School District: 000000
  • School District: 000000

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,352 $90,799 $2,909 $87,890
2023 $10,814 $93,870 $2,909 $90,961
2022 $11,456 $97,697 $2,909 $94,788
2021 $8,486 $85,954 $2,909 $83,045
2020 $9,081 $95,317 $2,909 $92,408
2019 $6,720 $95,971 $2,909 $93,062
2018 $6,463 $93,252 $2,909 $90,343
2017 $4,174 $82,828 $2,908 $79,920
2016 $4,112 $85,082 $2,909 $82,173
2015 $208 $80,024 $2,908 $77,116
2014 $208 $75,355 $2,909 $72,446
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 For Sale $699,000 -- $1,494 / Sq Ft
Source: NY State MLS

Deed History

Date Type Sale Price Title Company
Deed $551,587 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $404,250 New Conventional
Source: Public Records

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Source: NY State MLS

MLS Number: 11481998

NY State MLS

APN: 0879-1249