$490,000
SOLD AUG 19, 2024 RENTED OCT 1, 2024
-- Bed
-- Bath
457 Sq Ft
$742/mo HOA Fee

Recently Sold

$1,072 Per Sq Ft

2% Below List Price

11 Days on Market

Highlights

  • River View
  • Central Air
  • High-Rise Condominium
  • P.S. 59 Beekman Hill International Rated A
  • South Facing Home
  • 3-minute walk to Dag Hammarskjöld Plaza

About This Home

As of August 2024

Sponsor Sale - board approval is not required. 11E is perched on a High Floor with soaring South Facing views. This condo unit also boasts ample closet space, a dishwasher, and hard wood floors.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 - sponsor sale for smooth transaction without building application process.

Last Agent to Sell the Property

George Shapiro

Douglas Elliman Real Estate License #10301223577 Listed on: 06/02/2024

Douglas Elliman Real Estate

Co-Listed By

Michael Gidaly

Douglas Elliman Real Estate License #40GI1044566

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,391

Year Built

  • Built in 1962

HOA Fees

  • $742 Monthly HOA Fees

Interior Spaces

  • 457 Sq Ft Home
  • River Views
  • Washer Dryer Allowed

Additional Features

  • South Facing Home
  • Central Air

Community Details

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

Listing and Financial Details

  • Legal Lot and Block 1311 / 01341

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,391

Year Built

Built in 1962

Lot Details

0

HOA Fees

$742 per month

Listing Details

  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Turtle Bay
  • Entry Level: 11
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 457.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2
  • Basement: No
  • Basement: Other

Exterior Features

  • View: River
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building In Basement
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 742.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: CONTINENTAL APARTME
  • Units: 126
  • Total Stories: 14
  • Year Built: 1962

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01341
  • Tax Lot: 1311

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Aug 19, 2024
Sold by
Tremada Continental 48Th Street Llc
Bought by
Lugo Genaro Angeles and Milrud Alejandro
Seller's Agent
Dalia Glazer
Compass
Sold Price
$2,900
Total Days on Market
11
Views
3
Current Estimated Value
$458,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,792
Avg. Annual Appreciation
-4.75%
Original Mortgage
$343,000
Outstanding Balance
$339,988
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$127,852

Purchase Details

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

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Range of Values:

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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 $490,000 --
Deed $11,500,000 --
Deed $11,500,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $343,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Rented $2,900 -3.3% --
09/09/2024 09/09/24 Under Contract -- -- --
08/26/2024 08/26/24 Price Changed $3,000 -9.1% $7 / Sq Ft
08/20/2024 08/20/24 For Rent $3,300 0.0% --
08/19/2024 08/19/24 Sold $490,000 -1.8% $1,072 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $499,000 0.0% $1,092 / Sq Ft
06/10/2024 06/10/24 Off Market $499,000 -- --
06/06/2024 06/06/24 For Sale $499,000 -- $1,092 / Sq Ft
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 $6,391 $51,535 $9,602 $41,933
2024 $6,391 $51,118 $9,602 $41,516
2023 $6,298 $51,339 $9,602 $41,737
2022 $6,063 $49,553 $9,602 $39,951
2021 $5,923 $48,285 $9,602 $38,683
2020 $6,246 $53,830 $9,602 $44,228
2019 $6,009 $54,382 $9,602 $44,780
2018 $5,705 $52,118 $9,602 $42,516
2017 $5,353 $45,849 $9,602 $36,247
2016 $5,264 $47,684 $9,602 $38,082
2015 $3,244 $41,684 $9,603 $32,081
2014 $3,244 $40,431 $9,602 $30,829
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10971542

Real Estate Board of New York (REBNY)

APN: 1341-1311