NOT LISTED FOR SALE

The Continental Condominium 321 E 48th St Unit 2A Floor 2 New York, NY 10017

Turtle Bay Neighborhood

Estimated Value: $330,000 - $645,000

-- Bed
1 Bath
-- Sq Ft
$879/mo HOA Fee

Last Sold October 18, 2024

Last sale price $480,000

Est. 5% increase in value since last sale

Current estimated payment $4,138/month

124 Days on Market

Highlights

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

About This Home

As of October 2024

Welcome to your newly renovated Condo in the heart of Turtle Bay. As you step into this stylish and modern space, you'll immediately notice the high-end finishes and attention to detail. Pristine new floors throughout 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.

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. No Board Package & No Board Approval, ensuring a smooth and hassle-free purchase process. Photos are of same line on a higher floor.

Last Agent to Sell the Property

George Shapiro

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

Douglas Elliman Real Estate

Co-Listed By

Michael Gidaly

Douglas Elliman Real Estate License #40GI1044566

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,573

Year Built

  • Built in 1962

HOA Fees

  • $879 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Additional Features

  • 1 Full Bathroom
  • Washer Dryer Allowed
  • Central Air
  • Property Views

Community Details

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

Listing and Financial Details

  • Legal Lot and Block 7502 / 01341

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,573

Year Built

Built in 1962

Lot Details

0

HOA Fees

$879 per month

Listing Details

  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Turtle Bay
  • Entry Level: 2
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Interior Features: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: Other
  • 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: 879.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

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: 7502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Oct 18, 2024
Sold by
Tremada Continental 48Th Street Llc
Bought by
Co Majalia Olivares and Co Rafael Vicente Olivares
Seller's Agent
George Shapiro
Douglas Elliman Real Estate
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%
Views
7620
Current Estimated Value
$501,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,990
Avg. Annual Appreciation
4.40%

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
Co Majalia Olivares $480,000 --
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
10/18/2024 10/18/24 Sold $480,000 -3.8% --
10/09/2024 10/09/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $499,000 0.0% --
06/10/2024 06/10/24 Off Market $499,000 -- --
06/06/2024 06/06/24 For Sale $499 -- --
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 $7,573 $61,063 $11,378 $49,685
2024 $7,573 $60,571 $11,378 $49,193
2023 $7,462 $60,831 $11,378 $49,453
2022 $7,184 $58,715 $11,378 $47,337
2021 $7,018 $57,213 $11,378 $45,835
2020 $7,401 $63,783 $11,378 $52,405
2019 $7,120 $64,437 $11,378 $53,059
2018 $6,760 $61,755 $11,378 $50,377
2017 $6,343 $54,326 $11,378 $42,948
2016 $6,237 $56,501 $11,378 $45,123
2015 $3,844 $49,391 $11,379 $38,012
2014 $3,844 $47,906 $11,379 $36,527
Source: Public Records

Agents Affiliated with this Home

  • George Shapiro

    Seller's Agent in 2024

    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 2024

    Michael Gidaly

    Douglas Elliman Real Estate

    (917) 886-4122

    18 in this area

    53 Total Sales

    Michael Gidaly
    Section Image
See All Agents

About The Continental Condominium

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10979342

Real Estate Board of New York (REBNY)

APN: 1341-1209

New York New York County New York 10017 Turtle Bay

321 E 48th St Unit 2A, 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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