$485,000
PENDING $40K PRICE DROP

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

Turtle Bay Neighborhood

Estimated payment $3,884/month

Total Views 4,526
-- Bed
1 Bath
459 Sq Ft
$1,057 Price per Sq Ft

Highlights

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

About This Home

Sponsor Sale - NO Condo Board Approval is required. 5L is a condo studio that boasts ample closet space, a renovated kitchen and hard wood floors throughout.

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. Amenities include - updated central laundry, new elevators, live-in super, bike storage, and auxiliary storage space for rent.

NOTE: This is a sponsor sale.

Listing Agent

George Shapiro

Douglas Elliman Real Estate License #10301223577 Listed on: 03/05/2025

Douglas Elliman Real Estate

Co-Listing Agent

Michael Gidaly

Douglas Elliman Real Estate License #40GI1044566

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,472

Year Built

  • Built in 1962

HOA Fees

  • $783 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1 Full Bathroom
  • 459 Sq Ft Home
  • City Views

Utilities

  • 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 1251 / 01341

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,472

Year Built

Built in 1962

Lot Details

0

HOA Fees

$783 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Turtle Bay
  • Entry Level: 5
  • 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: 459.0
  • Living Area Units: Square Feet
  • Rooms (Total): 2
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 783.0
  • 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: 1251

Map

About The Continental Condominium

Range of Values:

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Average Value
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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

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 $5,998 $48,897 $9,724 $39,173
2020 $6,325 $54,512 $9,724 $44,788
2019 $6,084 $55,071 $9,724 $45,347
2018 $5,777 $52,778 $9,724 $43,054
2017 $5,421 $46,429 $9,724 $36,705
2016 $5,331 $48,288 $9,724 $38,564
2015 $3,285 $42,211 $9,724 $32,487
2014 $3,285 $40,942 $9,724 $31,218
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $485,000 -2.8% $1,057 / Sq Ft
07/01/2025 07/01/25 Pending -- -- --
04/23/2025 04/23/25 Price Changed $499,000 -5.0% $1,087 / Sq Ft
03/05/2025 03/05/25 For Sale $525,000 -- $1,144 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $485,000 --
Deed $11,500,000 --
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20006892

Real Estate Board of New York (REBNY)

APN: 1341-1251

New York New York County New York 10017 Turtle Bay

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

This home is located at 321 E 48th St Unit 5L, New York, NY 10017 and is currently priced at $485,000, approximately $1,056 per square foot. This property was built in 1962. 321 E 48th St Unit 5L 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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George Shapiro
Listing Agent
George Shapiro
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Douglas Elliman Real Estate
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