NOT LISTED FOR SALE

The Continental Condominium 321 E 48th St Unit 12D New York, NY 10017

Turtle Bay Neighborhood

Estimated Value: $825,000 - $1,475,000

2 Beds
2 Baths
1,087 Sq Ft
$1,843/mo HOA Fee

Last Sold October 07, 2024

Last sale price $1,185,000 $1,090 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $9,299/month

94 Days on Market

Highlights

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

About This Home

As of October 2024

Sponsor Sale with Incredible Private Outdoor Spaces from 2 setback terraces. No Board approval. Gracious 2 Bedrooms with 2 Bathrooms Condo in prime Turtle Bay with updated kitchen and ample closet space. Soaring views and ample light from the high floor exposures.

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.

Sponsor sale - No board approval.

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

  • $15,874

Year Built

  • Built in 1962

HOA Fees

  • $1,843 Monthly HOA Fees

Home Design

  • Entry on the 12th floor

Interior Spaces

  • 1,087 Sq Ft Home
  • City Views
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Terrace
  • 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 1321 / 01341

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,874

Year Built

Built in 1962

Lot Details

0

HOA Fees

$1,843 per month

Listing Details

  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Turtle Bay
  • Entry Level: 12
  • 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: 1087.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City Lights, City
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1843.0
  • 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: 1321

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2024
Closed on
Oct 7, 2024
Sold by
Tremada Continental 48Th Street Llc
Bought by
Michael Ian Rasky Trustee and The Michael Ian Rasky Living Trust
Seller's Agent
George Shapiro
Douglas Elliman Real Estate
List Price
$1,095,000
Sold Price
$1,185,000
Premium/Discount to List
$90,000
8.22%
Views
2083
Current Estimated Value
$1,152,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,603
Avg. Annual Appreciation
-2.75%

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 Buyer Sale Price Title Company
Michael Ian Rasky Trustee $1,185,000 --
Tremada Continental 48Th Street Llc $11,500,000 --
Tremada Continental 48Th Street Llc $11,500,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2024 10/07/24 Sold $1,185,000 +8.2% $1,090 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
06/02/2024 06/02/24 For Sale $1,095,000 -- $1,007 / 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 $15,874 $128,010 $23,855 $104,155
2024 $15,874 $126,975 $23,855 $103,120
2023 $15,643 $127,520 $23,855 $103,665
2022 $15,059 $123,084 $23,855 $99,229
2021 $14,712 $119,935 $23,855 $96,080
2020 $15,514 $133,709 $23,855 $109,854
2019 $14,926 $135,078 $23,855 $111,223
2018 $14,171 $129,455 $23,854 $105,601
2017 $13,297 $113,882 $23,854 $90,028
2016 $13,076 $118,442 $23,855 $94,587
2015 $8,059 $103,537 $23,854 $79,683
2014 $8,059 $100,421 $23,854 $76,567
Source: Public Records

Agents Affiliated with this Home

  • George Shapiro

    Seller's Agent in 2024

    George Shapiro

    Douglas Elliman Real Estate

    (646) 820-7456

    18 in this area

    35 Total Sales

    George Shapiro
    Section Image
  • Michael Gidaly

    Seller Co-Listing Agent in 2024

    Michael Gidaly

    Douglas Elliman Real Estate

    (917) 886-4122

    17 in this area

    51 Total Sales

    Michael Gidaly
    Section Image
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About The Continental Condominium

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11001406

Real Estate Board of New York (REBNY)

APN: 1341-1321

New York New York County New York 10017 Turtle Bay

321 E 48th St Unit 12D, New York, NY

This home is located at 321 E 48th St Unit 12D, New York, NY 10017 since 02 June 2024 and is currently estimated at $1,152,397, approximately $1,060 per square foot. This property was built in 1962. 321 E 48th St Unit 12D is a home located in New York County with nearby schools including P.S. 59 Beekman Hill International, Simon Baruch Middle School 104, and Clinton School.

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. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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