NOT LISTED FOR SALE

209 E 48th St New York, NY 10017

Turtle Bay Neighborhood

Estimated Value: $3,274,000 - $4,194,000

6 Beds
4 Baths
3,416 Sq Ft
$1,051/Sq Ft Est. Value

Sale Details

Date Sold: March 26, 2026

Last sale price $3,300,000 $966 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $23,636 / mo

92 Days on Market

Highlights

  • Wood Flooring
  • 5-minute walk to 51 Street
  • High Ceiling
  • P.S. 59 Beekman Hill International Rated A
  • 1 Fireplace
  • 4-minute walk to Greenacre Park

About This Home

As of March 2026

Welcome to 209 East 48th Street, a townhouse in the heart of Manhattan near the historic Turtle Bay Gardens District. The townhouse boasts 3,587 square feet spread out across four floors and is currently configured as a two-family townhouse. The townhouse is a perfect opportunity to have an owner occupied unit and receive rental income from the other unit, a live/work opportunity, used for a non-profit/Consulate/Mission or create a single-family townhouse. Garden Floor Upon entering the townhouse, you’re greeted by a spacious one bedroom apartment with access to the 40ft-deep, north-facing garden. There is an open kitchen, fireplace, hardwood floors throughout and storage. Triplex - Floors two through four
As you enter the second floor, you’ll instantly take note of the high-ceilings in the living room, a fireplace, north facing windows overlooking your private terrace and also giving you access to the garden outdoor space on the first floor. The kitchen, a bedroom/office and bathroom are also on the second floor. On floors three and four are four spacious bedrooms, two bathrooms and plenty of closet space. Cellar
A laundry room, additional storage space, boiler and building mechanicals occupy the cellar space. On a block consisting mainly of townhouses, this prime Turtle Bay residential property is in close proximity to some of Manhattan’s finest shopping, restaurants, Midtown offices and public transit. Please note some photos have been virtually enhanced. The property will be delivered vacant.

Last Agent to Sell the Property

Patrick Lehman

Compass License #10401280414 Listed on: 10/16/2025

Compass

Co-Listed By

Collin Bond Esq.

Compass License #10301211462

Last Buyer's Agent

Non Member

Non Member Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $50,856

Year Built

  • Built in 1920

Lot Details

  • 1,710 Sq Ft Lot
  • Lot Dimensions are 1710 x 1
  • Private Yard

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,416 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • High Ceiling
  • 1 Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Terrace

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 0007 / 01322

Community Details

Overview

  • 2 Units
  • Midtown East Subdivision

Amenities

  • Community Garden
  • Laundry Facilities

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$50,856

Year Built

Built in 1920

Lot Details

1,710 Sq Ft Lot

Listing Details

  • Exposures: North,South
  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Midtown East
  • Entry Level: 1
  • Structure Type: Duplex, Townhouse
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Interior Features: Built-in Features, High Ceilings
  • Appliances: Dryer, Washer
  • Fireplace Features: Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 3416.0
  • Living Area Units: Square Feet
  • Basement: No

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 6

Exterior Features

  • View: No
  • Exterior Features: Building Garden, Private Outdoor Space Over 60 Sqft, Private Yard
  • Patio/Porch Features: Patio, Terrace

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common On Floor, See Remarks
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1710.0
  • Lot Size Dimensions: 1710 x 1

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 4
  • Year Built: 1920

Tax Info

  • Tax Block: 01322
  • Tax Lot: 0007
  • Tax Annual: 50856.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2025
Closed on
Mar 26, 2026
Sold by
Bought by
Seller's Agent
Patrick Lehman
Compass
Buyer's Agent
Non Member
Non Member Office
List Price
$3,500,000
Sold Price
$3,300,000
Premium/Discount to List
-$200,000
-5.71%
Views
64
Current Estimated Value
$3,591,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,424
Avg. Annual Appreciation
40.28%
Original Mortgage
$548,528
Outstanding Balance
$547,983
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,043,441

Purchase Details

Closed on
Aug 15, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2017
Sold by
Bought by

Purchase Details

Closed on
Nov 1, 2017
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,300,000 --
$3,900,000 --
-- --
$28,050,000 --
-- Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $548,528
Previous Owner $2,400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/26/2026 03/26/26 Sold $3,300,000 -5.7% $966 / Sq Ft
01/16/2026 01/16/26 Pending -- -- --
10/16/2025 10/16/25 For Sale $3,500,000 -- $1,025 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $50,857 $259,781 $147,086 $112,695
2025 $47,979 $253,210 $178,171 $75,039
2024 $47,979 $238,878 $200,160 $62,612
2023 $46,816 $230,516 $142,171 $88,345
2022 $45,809 $331,800 $200,160 $131,640
2021 $45,559 $268,800 $200,160 $68,640
2020 $44,664 $306,180 $200,160 $106,020
2019 $41,642 $355,140 $200,160 $154,980
2018 $39,159 $192,097 $101,671 $90,426
2017 $38,981 $191,226 $109,216 $82,010
2016 $36,064 $180,403 $97,651 $82,752
2015 $21,758 $175,840 $107,083 $68,757
2014 $21,758 $165,888 $101,045 $64,843
Source: Public Records

Agents Affiliated with this Home

  • Patrick Lehman

    Seller's Agent in 2026

    Patrick Lehman

    Compass

    (201) 247-7762

    2 in this area

    26 Total Sales

    Patrick Lehman
    Section Image
  • Boris Sharapan Fabrikant

    Seller Co-Listing Agent in 2026

    Boris Sharapan Fabrikant

    Compass

    (917) 324-0906

    7 in this area

    144 Total Sales

    Boris Sharapan Fabrikant
    Section Image
  • Collin Bond Esq.

    Seller Co-Listing Agent in 2026

    Collin Bond Esq.

    Compass

    (914) 261-4611

    2 in this area

    88 Total Sales

    Collin Bond Esq.
    Section Image

  • N

    Buyer's Agent in 2026

    Non Member

    Non Member Office

See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20054878

Real Estate Board of New York (REBNY)

APN: 1322-0007

New York New York County New York 10017 Turtle Bay

209 E 48th St, New York, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

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