$562,500
SOLD OCT 16, 2025

The Continental Condominium 321 E 48th St Unit 9L Floor 9 New York, NY 10017

Turtle Bay Neighborhood
-- Bed
1 Bath
459 Sq Ft
$782/mo HOA Fee

Recently Sold

$1,225 Per Sq Ft

2% Above List Price

22 Days on Market

Highlights

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

About This Home

As of October 2025

Sponsor Sale - No board approval required. In Unit W/D and soaring open views!

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 & open sky views, creating a warm and inviting atmosphere. Pristine new floors throughout complement the fresh, neutral color palette throughout. The kitchen is a culinary enthusiast's dream, featuring stainless steel appliances (with dishwasher) 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. Oh yeah, and full sized stackable in unit Washer/Dryer completes this turnkey offering.

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 and No Board Approval required, ensuring a smooth and hassle-free purchase process.

Last Agent to Sell the Property

George Shapiro

Douglas Elliman Real Estate License #10301223577 Listed on: 07/06/2025

Douglas Elliman Real Estate

Co-Listed By

Michael Gidaly

Douglas Elliman Real Estate License #40GI1044566

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1962

HOA Fees

  • $782 Monthly HOA Fees

Home Design

  • Entry on the 9th floor

Interior Spaces

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

Laundry

  • Laundry in unit
  • Washer Hookup

Utilities

  • No Cooling

Listing and Financial Details

  • Legal Lot and Block 1295 / 01341

Community Details

Overview

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

Amenities

  • Elevator

Property Details

Home Type

Condominium

Year Built

Built in 1962

Lot Details

0

HOA Fees

$782 per month

Listing Details

  • Exposures: East,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Turtle Bay
  • Entry Level: 9
  • 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
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1

Exterior Features

  • View: City Lights, City, Panoramic
  • View: Yes
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 782.0
  • 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: 1295

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2025
Closed on
Oct 16, 2025
Sold by
Tremada Continental 48Th Street Llc
Bought by
Morehouse Rachael and Morehouse Timothy
Seller's Agent
George Shapiro
Douglas Elliman Real Estate
List Price
$549,000
Sold Price
$562,500
Premium/Discount to List
$13,500
2.46%
Views
4
Current Estimated Value
$526,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,123
Avg. Annual Appreciation
-21.79%
Original Mortgage
$459,000
Outstanding Balance
$458,572
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$67,805

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $562,500 --
Deed $11,500,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $459,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2025 10/16/25 Sold $562,500 +2.5% $1,225 / Sq Ft
07/28/2025 07/28/25 Pending -- -- --
07/06/2025 07/06/25 For Sale $549,000 0.0% $1,196 / Sq Ft
11/25/2019 11/25/19 Rented -- -- --
10/26/2019 10/26/19 Under Contract -- -- --
06/14/2019 06/14/19 For Rent $2,500 -- --
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

  • George Shapiro

    Seller's Agent in 2025

    George Shapiro

    Douglas Elliman Real Estate

    (646) 820-7456

    20 in this area

    38 Total Sales

    George Shapiro
    Section Image
  • Michael Gidaly

    Seller Co-Listing Agent in 2025

    Michael Gidaly

    Douglas Elliman Real Estate

    (917) 886-4122

    19 in this area

    56 Total Sales

    Michael Gidaly
    Section Image
  • Tanya Kolesnik

    Seller's Agent in 2019

    Tanya Kolesnik

    Compass

    (646) 696-1395

    20 Total Sales

    Tanya Kolesnik
    Section Image
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About The Continental Condominium

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20034863

Real Estate Board of New York (REBNY)

APN: 1341-1295

New York New York County New York 10017 Turtle Bay

321 E 48th St Unit 9L, New York, NY

Sold

Condos

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