$578,000
SOLD AUG 19, 2025

The Continental Condominium 321 E 48th St Unit 1A Floor 1 New York, NY 10017

Turtle Bay Neighborhood
-- Bed
1 Bath
513 Sq Ft
$1,090/mo HOA Fee

Recently Sold

$1,127 Per Sq Ft

1% Above List Price

0 Day on Market

Highlights

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

About This Home

As of August 2025

Sponsor Sale Studio Condo in the heart of Turtle Bay with a large private backyard.

Last Agent to Sell the Property

George Shapiro

Douglas Elliman Real Estate License #10301223577 Listed on: 06/04/2025

Douglas Elliman Real Estate

Co-Listed By

Michael Gidaly

Douglas Elliman Real Estate License #40GI1044566

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,013

Year Built

  • Built in 1962

HOA Fees

  • $1,090 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1 Full Bathroom
  • 513 Sq Ft Home
  • City Views
  • Washer Hookup

Additional Features

  • North Facing Home
  • 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 1203 / 01341

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,013

Year Built

Built in 1962

Lot Details

0

HOA Fees

$1,090 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Turtle Bay
  • Entry Level: 1
  • 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: 513.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1090.0
  • 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: 1203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2025
Closed on
Aug 19, 2025
Sold by
Tremada Continental 48Th Street Llc
Bought by
Caruso Brigida and Ricciardo Basilia
Seller's Agent
George Shapiro
Douglas Elliman Real Estate
List Price
$575,000
Sold Price
$578,000
Premium/Discount to List
$3,000
0.52%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.84%
Original Mortgage
$228,000
Outstanding Balance
$227,804
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$369,466

Purchase Details

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

Purchase Details

Closed on
Jan 2, 2019
Sold by
321 East 48Th Associates and % : Friedman Management Co
Bought by
321E48 Realty 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 $578,000 --
Deed $11,500,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2025 08/19/25 Sold $578,000 +0.5% $1,127 / Sq Ft
06/04/2025 06/04/25 Pending -- -- --
06/04/2025 06/04/25 For Sale $575,000 -- $1,121 / 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 $9,013 $72,681 $13,544 $59,137
2024 $9,013 $72,094 $13,544 $58,550
2023 $8,882 $72,404 $13,544 $58,860
2022 $8,550 $69,885 $13,544 $56,341
2021 $8,354 $68,098 $13,544 $54,554
2020 $8,809 $75,918 $13,544 $62,374
2019 $8,475 $76,696 $13,544 $63,152
2018 $8,046 $73,503 $13,544 $59,959
2017 $7,550 $64,661 $13,544 $51,117
2016 $7,424 $67,250 $13,544 $53,706
2015 $4,575 $58,787 $13,544 $45,243
2014 $4,575 $57,018 $13,544 $43,474
Source: Public Records

Agents Affiliated with this Home

  • George Shapiro

    Seller's Agent in 2025

    George Shapiro

    Douglas Elliman Real Estate

    (646) 820-7456

    19 in this area

    36 Total Sales

    George Shapiro
    Section Image
  • Michael Gidaly

    Seller Co-Listing Agent in 2025

    Michael Gidaly

    Douglas Elliman Real Estate

    (917) 886-4122

    18 in this area

    53 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: RLS20028769

Real Estate Board of New York (REBNY)

APN: 1341-1203

New York New York County New York 10017 Turtle Bay

321 E 48th St Unit 1A, New York, NY

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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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