NOT LISTED FOR SALE

The Continental Condominium 321 E 48th St Unit 14B New York, NY 10017

Turtle Bay Neighborhood

Estimated Value: $1,156,000 - $1,525,000

2 Beds
2 Baths
1,200 Sq Ft
1962 Built

Last Sold October 12, 2017

Last sale price $1,425,000 $1,188 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $8,195/month

Highlights

  • No HOA
  • Central Air
  • No Heating
  • P.S. 59 Beekman Hill International Rated A
  • Laundry Facilities
  • 3-minute walk to Dag Hammarskjöld Plaza

About This Home

As of November 2023

Options for Short Term & Fully Furnished (with premium) – inquire within! Bright, high floor, south-facing, renovated 2 bed/2 bath corner apartment with 175 sq. foot terrace! Southeast exposure with open city views from all rooms.

Upon entering, one walks into a large, welcoming foyer that leads to an open concept living, dining and kitchen area. The oversized living room is flanked by both south and east windows that provide abundant light throughout the day. The large terrace, spanning the entire east side of the apartment, is perfect for entertaining and allows one to indulge in a multitude of outdoor activities. The dining area is large enough to host a party of eight, but suitable for intimate gatherings. Off the dining area is an open windowed chef’s kitchen with breakfast counter outfitted with top of the line appliances including a Sub-Zero refrigerator, wine chiller, Viking Range, new dishwasher with dual units, quartz countertops and USB charging station.

Separate bedroom wing is accessed off a hallway of floor to ceiling built-in closets. Both bedrooms are large (primary with en-suite bath) with ample closet space. Both primary and 2nd baths are finished with floor to ceiling marble, granite counters and Kohler/Grohe fixtures with glass sinks. Multi-Jet primary shower. Other features include: 7 custom built closets, electric window shades in all rooms and all new HVAC units.

The Continental is a full-service building located on a quiet midtown block in the heart of Turtle Bay, convenient to the UN, Grand Central and neighborhood parks. Fabulous restaurants with shopping and nightlife just steps away.

Last Agent to Rent the Property

David Bevis

Compass License #10401342779 Listed on: 07/26/2023

Compass

Co-Listed By

Karen Davidson

Compass License #10401229830

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,956

Year Built

  • Built in 1962

Home Design

  • 1,200 Sq Ft Home
  • Entry on the 14th floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Property Available on 7/26/23
  • Tax Block 01341

Community Details

Overview

  • No Home Owners Association
  • 126 Units
  • High-Rise Condominium
  • Midtown East Subdivision
  • 14-Story Property

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$15,956

Year Built

Built in 1962

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2023-07-26

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Midtown East
  • Entry Level: 14
  • Structure Type: High Rise
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Fireplace: No
  • Living Area: 1200.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

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

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Common On Floor, Common Area
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Association: No
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 100.000000x100.420000

Building Info

  • New Construction: No
  • Units: 126
  • Total Stories: 14
  • Year Built: 1962

Tax Info

  • Tax Block: 01341
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2020
Closed on
Apr 23, 2020
Sold by
Raman Shanker
Bought by
R Squared Capital Llc
Seller's Agent
Karen Davidson
Compass
Sold Price
$4,850
Current Estimated Value
$1,294,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,289,998
Original Mortgage
$69,257
Outstanding Balance
$61,237
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,233,611

Purchase Details

Listed on
Aug 2, 2017
Closed on
Oct 11, 2017
Sold by
Ruehle Robert L and Ruehle Robert L
Bought by
Raman Shanker
List Price
$1,650,000
Sold Price
$1,425,000
Premium/Discount to List
-$225,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.19%
Original Mortgage
$792,675
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2005
Sold by
Schwartz Enid
Bought by
Ruehle Robert L and Ruehle Robert L

Purchase Details

Closed on
Apr 4, 2000
Sold by
Schwartz Alvin and Schwartz Enid
Bought by
Schwartz Alvin and Schwartz Enid
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
R Squared Capital Llc -- --
R Squared Capital Llc -- --
Raman Shanker $1,425,000 --
Raman Shanker $1,425,000 --
Ruehle Robert L $995,000 --
Ruehle Robert L $995,000 --
Schwartz Alvin -- --
Schwartz Alvin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R Squared Capital Llc $69,257
Closed R Squared Capital Llc $69,257
Previous Owner Raman Shanker $792,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2023 11/17/23 Rented $5,995 -14.3% --
10/11/2023 10/11/23 Under Contract -- -- --
07/26/2023 07/26/23 For Rent $6,995 +44.2% --
06/09/2020 06/09/20 Rented -- -- --
05/10/2020 05/10/20 Under Contract -- -- --
05/05/2020 05/05/20 For Rent $4,850 0.0% --
10/12/2017 10/12/17 Sold $1,425,000 -13.6% $1,056 / Sq Ft View Prior Sale
09/12/2017 09/12/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $1,650,000 -- $1,222 / 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 $15,956 $128,671 $23,977 $104,694
2024 $15,956 $127,631 $23,977 $103,654
2023 $15,724 $128,179 $23,977 $104,202
2022 $15,137 $123,720 $23,977 $99,743
2021 $14,788 $120,555 $23,977 $96,578
2020 $12,865 $134,399 $23,977 $110,422
2019 $12,378 $135,776 $23,977 $111,799
2018 $14,244 $130,125 $23,978 $106,147
2017 $13,147 $114,471 $23,977 $90,494
2016 $12,839 $119,055 $23,978 $95,077
2015 $6,576 $104,073 $23,977 $80,096
2014 $6,576 $100,941 $23,977 $76,964
Source: Public Records

Agents Affiliated with this Home

  • David Bevis

    Landlord's Agent in 2023

    David Bevis

    Compass

    (727) 420-6717

    1 in this area

    15 Total Sales

    David Bevis
    Section Image
  • Karen Davidson

    Landlord's Co-Listing Agent in 2023

    Karen Davidson

    Compass

    (917) 536-5115

    1 in this area

    25 Total Sales

    Karen Davidson
    Section Image

  • K

    Seller Co-Listing Agent in 2020

    Kelsey Martin

    Douglas Elliman Real Estate

    Section Image
See All Agents

About The Continental Condominium

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10918224

Real Estate Board of New York (REBNY)

APN: 1341-1323

New York New York County New York 10017 Turtle Bay

321 E 48th St Unit 14B, New York, NY

This home is located at 321 E 48th St Unit 14B, New York, NY 10017 since 26 July 2023 and is currently priced at $1,294,848. This property was built in 1962. 321 E 48th St Unit 14B 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.

RLS Data display by Homes.com LLC

Nearby Homes