NOT LISTED FOR SALE

The Continental Condominium 321 E 48th St Unit 5B New York, NY 10017

Turtle Bay Neighborhood

Estimated Value: $390,000 - $489,713

Studio
1 Bath
442 Sq Ft
1961 Built

Last Sold October 20, 2021

Last sale price $430,000 $973 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,932/month

Highlights

  • Entrance Foyer
  • Laundry Facilities
  • 3-minute walk to Dag Hammarskjöld Plaza
  • P.S. 59 Beekman Hill International Rated A
  • North Facing Home

About This Home

As of December 2021

NO FEE!

Large studio in a full service doorman building.

Laundry room in the basement.

Pet allowed upon board approval.

The building is near many neighborhood restaurants, shops, the UN and major subways (E,M,6).

Showing by appointment.

Last Agent to Rent the Property

ZHIWAN YANG

Nest Seekers LLC License #10301220144 Listed on: 11/09/2021

Nest Seekers LLC

Co-Listed By

Nayi Shen

Nest Seekers LLC License #10301217287

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1961

Lot Details

  • North Facing Home

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1 Full Bathroom
  • 442 Sq Ft Home
  • Entrance Foyer

Listing and Financial Details

  • Property Available on 11/9/21
  • Legal Lot and Block 7502 / 1341

Community Details

Overview

  • Turtle Bay Subdivision
  • 14-Story Property

Amenities

  • Laundry Facilities

Condo Details

Home Type

Condominium

Year Built

Built in 1961

Lot Details

0 Sq Ft Lot

Rental Info

  • Available Date: 2021-11-09

Listing Details

  • Cross Street: Second Avenue/First Avenue
  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Turtle Bay
  • Entry Level: 5
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Interior Features: Entrance Foyer
  • Living Area: 442.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, Common Area

Condo/Co-op/Association

  • Common Interest: Condominium

Lot Info

  • Lot Size Dimensions: 0.0 x 0.0

Building Info

  • New Construction: No
  • Total Stories: 14
  • Year Built: 1961

Tax Info

  • Tax Block: 1341
  • Tax Lot: 7502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Oct 13, 2021
Sold by
Amini Soraya
Bought by
Pei Guoqiang
Seller's Agent
ZHIWAN YANG
Nest Seekers LLC
Sold Price
$2,300
Current Estimated Value
$459,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,628
Avg. Annual Appreciation
1.54%
Original Mortgage
$300,001
Outstanding Balance
$273,573
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$186,355

Purchase Details

Closed on
Jul 21, 2004
Sold by
Shinmoto Kyoko
Bought by
Amini Soraya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 1988
Sold by
Iwatani Hisako and Shinmoto Kyoko
Bought by
Shinmoto Kyoko
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Pei Guoqiang $430,000 --
Amini Soraya $315,000 --
Shinmoto Kyoko -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pei Guoqiang $300,001
Previous Owner Amini Soraya $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2021 11/10/21 For Rent $2,300 -99.5% --
11/10/2021 11/10/21 Rented -- -- --
10/20/2021 10/20/21 Sold $430,000 -6.3% $931 / Sq Ft View Prior Sale
12/01/2020 12/01/20 For Sale $459,000 -- $994 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $6,472 $52,188 $9,724 $42,464
2024 $6,472 $51,766 $9,724 $42,042
2023 $6,378 $51,989 $9,724 $42,265
2022 $6,140 $50,180 $9,724 $40,456
2021 $2,288 $48,897 $9,724 $39,173
2020 $2,075 $54,512 $9,724 $44,788
2019 $1,976 $55,071 $9,724 $45,347
2018 $2,241 $52,778 $9,724 $43,054
2017 $3,325 $46,429 $9,724 $36,705
2016 $2,849 $48,288 $9,724 $38,564
2015 $1,285 $42,211 $9,724 $32,487
2014 $1,285 $40,942 $9,724 $31,218
Source: Public Records

Agents Affiliated with this Home

  • Z

    Landlord's Agent in 2021

    ZHIWAN YANG

    Nest Seekers LLC

    (917) 724-6111

    ZHIWAN YANG
    Section Image

  • H

    Seller's Agent in 2021

    Homayouni Jahanbin

    Sothebys International Realty

    (212) 431-2480

    1 in this area

    1 Total Sale

    Homayouni Jahanbin
    Section Image

  • N

    Landlord's Co-Listing Agent in 2021

    Nayi Shen

    Nest Seekers LLC

    (585) 666-6566

    266 Total Sales

    Nayi Shen
    Section Image
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About The Continental Condominium

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10748480

Real Estate Board of New York (REBNY)

APN: 1341-1242

New York New York County New York 10017 Turtle Bay

321 E 48th St Unit 5B, New York, NY

Not Listed for Sale

Condos

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