$585,000
SOLD JUN 26, 2025
-- Bed
1 Bath
525 Sq Ft
$978/mo HOA Fee

Recently Sold

$1,114 Per Sq Ft

2% Above List Price

28 Days on Market

Highlights

  • City View
  • High-Rise Condominium
  • 3-minute walk to Dag Hammarskjöld Plaza
  • P.S. 59 Beekman Hill International Rated A

About This Home

As of June 2025

Sponsor Sale Condo with WOW factor! NO board approval. Welcome to your newly renovated Alcove Studio condo in the heart of Turtle Bay. Sliding frosted glass room dividers allow the space to function as an alcove studio or as a one-bedroom. As you enter into this stylish and modern space, you'll immediately notice the high-end finishes and attention to detail. The open-concept living area is bathed in natural light, creating a warm and inviting atmosphere. Pristine 4" white oak flooring complement the fresh, neutral color palette throughout. The kitchen is a culinary enthusiast's dream, featuring stainless steel appliances that effortlessly combine form and function. Whether you're whipping up a quick breakfast or hosting a gourmet dinner party, this kitchen has you covered. The beautifully appointed bathroom boasts contemporary fixtures and a spa-like ambiance. Light and views aplenty from high floor Northern and Eastern exposure apartment.

The Continental Condominium is a premier full-service residence ideally located at 321 E 48th Street in the heart of Manhattan, offering the perfect blend of luxury living and urban convenience. Enjoy the security of round-the-clock doorman services and a live-in super. Plus, the building amenities ensure your comfort and convenience, including storage space, bike parking, and laundry. Commuting is a breeze with easy access to public transportation and Grand Central Terminal.

NOTE: This is a sponsor sale.

Last Agent to Sell the Property

George Shapiro

Douglas Elliman Real Estate License #10301223577 Listed on: 03/27/2025

Douglas Elliman Real Estate

Co-Listed By

Michael Gidaly

Douglas Elliman Real Estate License #40GI1044566

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,089

Year Built

  • Built in 1962

HOA Fees

  • $978 Monthly HOA Fees

Home Design

  • Entry on the 10th floor

Interior Spaces

  • 1 Full Bathroom
  • 525 Sq Ft Home
  • City Views

Utilities

  • No Cooling

Community Details

  • 126 Units
  • High-Rise Condominium
  • Continental Apts Condos
  • Turtle Bay Subdivision
  • 14-Story Property

Listing and Financial Details

  • Legal Lot and Block 1298 / 01341

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,089

Year Built

Built in 1962

Lot Details

0

HOA Fees

$978 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Turtle Bay
  • Entry Level: 10
  • Structure Type: High Rise
  • Pets No Pets Comments: Cats and dogs allowed,Building Pets Allowed Comments:Cats and dogs allowed
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Fireplace: No
  • Living Area: 525.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: City Lights, City, Panoramic
  • View: Yes
  • Exterior Features: None, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building In Basement
  • Green Building Features: Elevator(s)
  • Cooling: Other
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 978.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Zoning Description: NZS

Building Info

  • New Construction: No
  • Building Name: Continental Apts
  • Units: 126
  • Total Stories: 14
  • Year Built: 1962

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01341
  • Tax Lot: 1298

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2025
Closed on
Jun 26, 2025
Sold by
Tremada Continental 48Th Street Llc
Bought by
Suh Alex
Seller's Agent
George Shapiro
Douglas Elliman Real Estate
List Price
$575,000
Sold Price
$585,000
Premium/Discount to List
$10,000
1.74%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-23.42%
Original Mortgage
$230,000
Outstanding Balance
$230,000
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$323,128

Purchase Details

Closed on
Nov 16, 2020
Sold by
321E48 Realty Llc
Bought by
Tremada Continental 48Th Street Llc
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Deed $585,000 --
Deed $11,500,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $230,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Sold $585,000 +1.7% $1,114 / Sq Ft
04/24/2025 04/24/25 Pending -- -- --
03/27/2025 03/27/25 For Sale $575,000 0.0% $1,095 / Sq Ft
07/17/2024 07/17/24 Rented $3,250 0.0% --
07/11/2024 07/11/24 Under Contract -- -- --
06/10/2024 06/10/24 For Rent $3,250 0.0% --
06/10/2024 06/10/24 Off Market $3,250 -- --
06/06/2024 06/06/24 For Rent $3,250 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

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
2025 $8,089 $65,232 $12,156 $53,076
2024 $8,089 $64,705 $12,156 $52,549
2023 $7,972 $64,984 $12,156 $52,828
2022 $7,674 $62,723 $12,156 $50,567
2021 $7,497 $61,118 $12,156 $48,962
2020 $7,906 $68,137 $12,156 $55,981
2019 $7,606 $68,836 $12,156 $56,680
2018 $7,221 $65,970 $12,156 $53,814
2017 $6,776 $58,035 $12,157 $45,878
2016 $6,663 $60,358 $12,156 $48,202
2015 $4,106 $52,763 $12,157 $40,606
2014 $4,106 $51,174 $12,156 $39,018
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20012339

Real Estate Board of New York (REBNY)

APN: 1341-1298