241 East 48th Street

Midtown East

$12,900,000
Price
5
Beds
5
Baths
1
1/2 Bath
5,500 Sq. Ft.
$2,345 / Sq. Ft.
5,500
Sq. Ft.
$2,345
per Sq. Ft.

Description

The offering of 241 East 48th Street is the singular confluence of all of a Manhattan townhouse buyer's dreams. A house steeped in rich history, located in a well-respected and often-envied location, with a level five gut renovation, and barely lived in, is unparalleled in the current marketplace. This house must be seen to be believed, so please reach out to set up a showing!
The home is located in the esteemed Turtle Bay Gardens, a storied group of twenty townhouses surrounding a shared, manicured
...The offering of 241 East 48th Street is the singular confluence of all of a Manhattan townhouse buyer's dreams. A house steeped in rich history, located in a well-respected and often-envied location, with a level five gut renovation, and barely lived in, is unparalleled in the current marketplace. This house must be seen to be believed, so please reach out to set up a showing!

The home is located in the esteemed Turtle Bay Gardens, a storied group of twenty townhouses surrounding a shared, manicured garden. These homes were initially renovated to have all major rooms facing the garden, and now 241 has been completely reimagined for the modern era. Through a multi-year, Landmarks-approved restoration and renovation, the house has been expanded size wise to reveal its maximum potential, and completely rebuilt with an eye towards the finest materials and finishes. All finish materials were custom crafted by artisans in Portugal and shipped into New York for installation. The result is an approximately 5,500 square foot, 20' wide Georgian townhouse, ready for its lucky new owner-- offered at well below replacement value.

With everything thought through, a new owner need not touch a thing. There is a hydraulic elevator, full smart home and security system, and the structure of the house was reinforced throughout with steel, leading to no sound of creaks. The air system is humidity-controlled and zoned by room, offering the highest level of comfort year round. Each double-hung window was replaced and holds custom, electric shades that are individually controlled. A tour through the house reveals the level of detail the owner took on the renovation: wainscoting, custom stone, and beautiful design abound, resulting in a house that is more a work of art than real estate.

Ground level:

Enter through a securitized foyer to an open-plan kitchen with waterfall island and chef's appliances. This floor has a built-in dining banquette for breakfast or more casual dining, an elegant seating area around a gas fireplace, and one of the most stunning formal dining areas towards the rear of the home. A feat of architecture, the home was expanded back and shrouded in a glass skylight and wall, which creates 20' ceilings on the ground level and significant light to enjoy the feel of the Turtle Bay Gardens. Also on this floor is a powder room for guests, access to the cellar level, and entry storage.

Parlor level:

Also enjoying a mezzanine view down to the skylight, this elegant floor is a more formal living area with another gas fireplace and a built-in library wall.

Third level:

The current design raised the primary bedroom well far from street level, and thus the first floor of bedrooms is on three. There are two full-width, en-suite bedrooms with expansive, customized closets. One enjoys the southern light over 48th Street while its twin enjoys serene views and exposure over the gardens.

Fourth level:

The fourth level is the primary suite, occupying the entire floor. The primary bedroom is north-facing over the garden and connects through an enormous walk-in closet to the full-with primary bath. The bath has a soaking tub, double vanities, water closet, and stall shower.

Fifth level:

The top level has the feel of a lofted penthouse, is entirely open and bathed in light. There is a full bathroom with a kitchenette, ideal for use as a guest area. The ceilings climb in height, rare for a townhouse's top floor, and there is a terrace overlooking the garden.

Cellar level:

The cellar was excavated and finished, and has an entertainment room or gym, full bathroom, state of the art mechanical room, and vented laundry.

Turtle Bay Gardens is historically a home to intelligentsia and the artistic; previous residents include Stephen Sondheim, E.B. White, Bob Dylan, and Katherine Hepburn. Located ideally between Midtown and the East River, the location is remarkably convenient and international, and the gardens themselves are a unique oasis in the center of it all.

Listing Agents

  1. Michael Koeneke

    Michael Koeneke

    Listing Agent

    Compass

  2. Ian Slater

    Ian Slater

    Alternative Listing Agent

    Compass

    slater@compass.com

    P: (646)-645-8192

Amenities

  • Private Terrace
  • Private Patio
  • Patio
  • Gym
  • Common Media / Recreation Room
  • Working Fireplace
  • Fireplace
  • Built-Ins
LISTING UPDATED: 10/15/2024 05:25 PM

Property Details for 241 East 48th Street

StatusActive
Days on Market36
Taxes$6,200 / month
Maintenance-
Min. Down Pymt-
Total Rooms11.0
Compass TypeTownhouse
MLS Type-
Year Built1899
Views-
Architectural Style-
Lot Size2,008 SF / 20' x 100'
CountyNew York County

Building

241 E 48th St

1 Units4 StoriesBuilt in 1899

Virtual Tour

Building Information for 241 East 48th Street

Stories4Residences1Year Built1899Lot Size2,008 SF / 20' x 100'Building Age-Building Type-Senior CommunityNoLevels / Stories-

Property History for 241 East 48th Street

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 241 East 48th Street

Taxable ValueLand$169,020Additions$282,960Total$451,980
Home Facts
Total Finished SqFt4,386 SqFtLot Size2,008 SqFtYear Built1899ZoningR8BAPN1013220018

Schools near 241 East 48th Street

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 59 Beekman Hill International
PublicPK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 104 Simon Baruch
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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241 East 48th Street is a townhouse for sale in Midtown East. This property was listed for sale on October 15, 2024 by Compass, it's currently listed at $12,900,000. It has been on the market for a total of 36 days and was last sold on September 6, 2012. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 59 Beekman Hill International, Nyc Lab Ms For Collaborative Studies and Lower Manhattan Community Middle School. 241 East 48th Street is a 5-bed, 5.5-bath, 5,500 sqft townhouse built in 1899.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.