241 E 48th St New York, NY 10017
Turtle Bay NeighborhoodEstimated payment $61,307/month
Highlights
- City Lights View
- Wood Flooring
- High Ceiling
- P.S. 59 Beekman Hill International Rated A
- 1 Fireplace
- 4-minute walk to Dag Hammarskjöld Plaza
About This Home
241 East 48th Street | Turtle Bay Gardens
Timeless Architecture. Bespoke Craftsmanship. Extraordinary Living
Welcome to 241 East 48th Street, a distinguished 20-foot-wide Georgian townhouse offering 5,500 square feet of impeccably restored living space. Completed and delivered in 2020 following a comprehensive ground-up rebuild, this exceptional residence seamlessly marries historic grandeur with contemporary sophistication. Situated within the coveted Turtle Bay Gardens, one of Manhattan’s most exclusive and architecturally significant enclaves, the home enjoys privileged access to the private, willow-lined residents’ garden while offering a rare sanctuary moments from the heart of Midtown.
Highlights
• Masterfully Restored and Crafted
Effectively new construction completed and delivered in 2020, the original structure was demolished down to the ground and rebuilt in full, with only one side wall of the original building retained. The residence features bespoke finishes, custom millwork, and exquisite materials sourced from Portugal, all while honoring the home’s original architectural character.
• New Systems and Infrastructure
All building systems date to the 2020 rebuild, including all-new plumbing and piping and all-new electrical systems, built to the highest current code and city standards.
• 4 - 5 Bedrooms | 5 Full Baths | 2 Powder Rooms | Private Elevator
Thoughtfully designed for modern living with smart-home automation, advanced security, steel-reinforced construction, humidity-controlled zoned HVAC, and seamless elevator access to every floor.
• Exceptional Outdoor Living
A beautifully landscaped private garden complemented by exclusive access to the iconic, willow-lined Turtle Bay Gardens, one of New York City’s most treasured private green spaces.
• A Storied Address
Located within the legendary Turtle Bay Gardens, whose notable residents have included Katharine Hepburn, Bob Dylan, Stephen Sondheim, and E. B. White.
Residence
Garden Level
A spectacular chef’s kitchen appointed with a top-tier appliance suite and dramatic waterfall island flows effortlessly into an expansive Great Room with soaring 20-foot ceilings and skylights. A glass-enclosed dining pavilion opens directly onto the garden, creating an extraordinary indoor-outdoor living experience. Gas fireplace and elegant powder room complete the floor.
Parlor Level
A magnificent formal living room with soaring ceilings overlooks the Great Room below through a Juliet balcony. Custom built-in library, gas fireplace, and refined architectural detailing create an atmosphere of understated elegance.
Third Floor
Two generously proportioned bedroom suites, each with luxurious en-suite baths, abundant custom closets, and tranquil garden or townhouse views.
Fourth Floor
An extraordinary full-floor primary suite featuring a spa-inspired marble bath with soaking tub, oversized shower, double vanity, and an expansive custom-designed dressing room worthy of a world-class boutique.
Fifth Floor
A light-filled loft-style office or guest suite with kitchenette, full windowed bath, and private terrace overlooking the lush gardens below.
Cellar
A beautifully finished recreation room or fitness studio, full bath, laundry, mechanical systems, and extensive storage.
The Neighborhood
Turtle Bay is one of Manhattan’s most refined residential enclaves, celebrated for its elegant tree-lined streets, historic townhouses, and remarkable sense of tranquility. Moments from Grand Central Terminal, the United Nations, Beekman Place, Sutton Place, and the East River waterfront, the neighborhood offers an effortless blend of international prestige and old New York charm. Hidden gardens, intimate cafés, and pocket parks create an atmosphere rarely found in Midtown, making Turtle Bay one of the city’s most coveted addresses.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $78,412
Year Built
- Built in 1899
Lot Details
- 2,008 Sq Ft Lot
- Lot Dimensions are 2008 x 1
Property Views
- City Lights
- Garden
Home Design
- Entry on the 1st floor
Interior Spaces
- 5,500 Sq Ft Home
- Property has 3 Levels
- Elevator
- Furnished
- Built-In Features
- Crown Molding
- High Ceiling
- Skylights
- Chandelier
- 1 Fireplace
- Entrance Foyer
- Wood Flooring
- Basement Fills Entire Space Under The House
- Home Security System
Kitchen
- Eat-In Kitchen
- Dishwasher
- Wine Cooler
- Kitchen Island
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- Double Vanity
- Soaking Tub
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Juliet Balcony
- Patio
- Terrace
Utilities
- Central Air
- No Heating
Listing and Financial Details
- Legal Lot and Block 0018 / 01322
Community Details
Overview
- Midtown East Subdivision
Amenities
- Community Garden
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
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 | $78,061 | $395,160 | $176,211 | $218,949 |
| 2025 | $74,405 | $388,654 | $157,871 | $230,783 |
| 2024 | $74,405 | $370,453 | $169,020 | $231,920 |
| 2023 | $75,235 | $370,453 | $115,797 | $254,656 |
| 2022 | $66,840 | $516,600 | $169,020 | $347,580 |
| 2021 | $73,961 | $430,620 | $169,020 | $261,600 |
| 2020 | $56,133 | $362,040 | $169,020 | $193,020 |
| 2019 | $52,053 | $362,340 | $169,020 | $193,320 |
| 2018 | $50,724 | $248,832 | $116,072 | $132,760 |
| 2017 | $47,906 | $235,008 | $85,720 | $149,288 |
| 2016 | $46,577 | $232,988 | $94,831 | $138,157 |
| 2015 | $26,178 | $219,801 | $119,233 | $100,568 |
| 2014 | $26,178 | $207,360 | $113,171 | $94,189 |
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 |
|---|---|---|---|---|
| 08/27/2026 08/27/26 | Pending | -- | -- | -- |
| 07/17/2026 07/17/26 | For Sale | $9,975,000 | 0.0% | $1,814 / Sq Ft |
| 06/12/2022 06/12/22 | Off Market | $55,000 | -- | -- |
| 05/28/2022 05/28/22 | Under Contract | -- | -- | -- |
| 05/23/2022 05/23/22 | Rented | $55,000 | +10.0% | -- |
| 05/06/2022 05/06/22 | Price Changed | $50,000 | +11.1% | $13 / Sq Ft |
| 03/15/2022 03/15/22 | For Rent | $45,000 | -- | -- |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $5,200,000 | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,154,373 | Unknown | |
| Open | $3,120,000 | Purchase Money Mortgage | |
| Closed | $3,750,000 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20104288
APN: 1322-0018
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Ask me questions while you tour the home.