NOT LISTED FOR SALE

Estimated Value: $489,000 - $559,000

-- Bed
1 Bath
459 Sq Ft
1962 Built

Last Sold February 07, 2024

Last sale price $460,000 $1,002 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,242/month

Highlights

  • No HOA
  • Views
  • High-Rise Condominium
  • P.S. 59 Beekman Hill International Rated A
  • Central Air
  • 3-minute walk to Dag Hammarskjöld Plaza

About This Home

As of March 2024

Welcome to your newly renovated Studio 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. The open-concept living area is bathed in natural light, creating a warm and inviting atmosphere. Pristine white oak floors 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.

Last Agent to Rent the Property

Michael Gidaly

Douglas Elliman Real Estate License #40GI1044566 Listed on: 02/23/2024

Douglas Elliman Real Estate

Co-Listed By

George Shapiro

Douglas Elliman Real Estate License #10301223577

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,472

Year Built

  • Built in 1962

Home Design

  • 459 Sq Ft Home
  • Entry on the 6th floor

Additional Features

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

Community Details

  • No Home Owners Association
  • 126 Units
  • High-Rise Condominium
  • Continental Apartme Condos
  • Turtle Bay Subdivision
  • 14-Story Property

Listing and Financial Details

  • Property Available on 2/15/24
  • Legal Lot and Block 0134 / 01341

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,472

Year Built

Built in 1962

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2024-02-15

Listing Details

  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Turtle Bay
  • Entry Level: 6
  • Structure Type: High Rise
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 14

Interior Features

  • Interior Features: Dining Area
  • Appliances: Washer Dryer Allowed
  • 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: Other
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building In Basement
  • Green Building Features: Green Building
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: CONTINENTAL APARTME
  • Units: 126
  • Total Stories: 14
  • Year Built: 1962

Tax Info

  • Tax Block: 01341
  • Tax Lot: 0134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Feb 7, 2024
Sold by
Tremada Continental 48Th Street Llc
Bought by
Nikocevic Semso
Seller's Agent
Michael Gidaly
Douglas Elliman Real Estate
Sold Price
$3,100
Views
1
Current Estimated Value
$509,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,723
Avg. Annual Appreciation
6.27%

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
Nikocevic Semso $460,000 --
Nikocevic Semso $460,000 --
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 Prior Sale
03/05/2024 03/05/24 Rented $3,100 -3.1% --
02/29/2024 02/29/24 Under Contract -- -- --
02/23/2024 02/23/24 For Rent $3,200 0.0% --
02/07/2024 02/07/24 Sold $460,000 -4.2% $1,002 / Sq Ft View Prior Sale
01/03/2024 01/03/24 Pending -- -- --
10/13/2023 10/13/23 For Sale $480,000 -- $1,046 / 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 $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

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10939930

Real Estate Board of New York (REBNY)

APN: 1341-1262