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for saleRealtyLens property overview
$1,457,625

249 E 48th St Apt 11B

Manhattan, NY, 10017
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2Beds
1Baths
1,107Sqft
$1317$/sqft

Listing Notes

Elegant Fully Renovated 2-Bedroom Residence with Doorman in Midtown East Welcome to this thoughtfully renovated 2-bedroom, 1-bath residence at 249 East 48th Street, offering over 1, 100 square feet of well-designed living space in a full-service Midtown East building. A standout feature of the home is the expansive 370 SF living room overlooking 2nd Avenue, offering generous proportions. The space comfortably accommodates a full living setup along with a large dining area-ideal for hosting dinner parties or entertaining guests. The apartment also enjoys open views down East 48th Street from both the bedrooms and kitchen, bringing in great natural light. Recently updated, the home showcases clean, modern finishes including wood-look LVT flooring, fresh white walls, new light fixtures and modern hardware. The kitchen has been efficiently designed to maximize storage and usability, with white shaker cabinetry and a full suite of new stainless-steel appliances, including a dishwasher, range, refrigerator, and a microwave. The spacious primary bedroom includes a well-proportioned walk-in closet, while both bedrooms offer generous layouts and excellent light. The bathroom has been fully reimagined with modern tilework on both floors and walls, complemented by new plumbing fixtures, including a sleek vanity, updated toilet, and a deep soaking tub with shower. Additional upgrades include new through-wall A/C units with custom millwork enclosures beneath the windows, thoughtfully concealing both the A/C units and radiators for a clean, streamlined look. Located in a well-maintained building with a full-time doorman and elevator access, this apartment offers a comfortable and updated living experience in a convenient Midtown East location. Disclaimer: The unit layouts, square footage, and dimensions are approximate. Sponsor reserves the right to make changes in accordance with the offering plan. Furniture layouts shown are for concept only. The complete offering terms are in an offering plan available from Sponsor. Offered by Prospectus only. File No. CD 82-0208; Sponsor: Turtle Bay House Limited Liability Company, c/o Metro Hudson Property Management Group LLC, 249 East 48th Street, Unit 1A, New York, NY 10017.

Market Insights

Below nearby median-6.3%

$1317/sqft vs a nearby median of $1405/sqft.

Nearby median$1405/sqft
Nearby properties8
Property size1,107 sqft
  • -6.3% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,107 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$1.63M$1.47M$1.78M · 42% confidence
vs ask $1.46M−$167k (−11.5%)

Asking price is about 11.5% below the fair value — likely to draw competing offers if it's still on market.

$1,405/sqft median across 5 tight comps × 1,107 sqft= $1.55M
  • Transit access+$39k +2.5%
  • High-density walkability+$31k +2.0%
Cumulative NYC adjustments+$70k+4.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-6.3% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
26 days
Last price change
No change recorded
Listed
Apr 16, 2026
Photos
14 photos
Property type
condos
Status
for sale

Features & Amenities

DoormanElevatorTwo Or More StoriesGarage 1 Or MoreFurnitureElevatorEfficientViewsWalk In ClosetDenSoaking Tub

Photos

Building Facts

Year built
1957
Stories
21
Total units
179
Residential units
162
Building area
3.54 ac
Lot size
13,200 sqft
Land use
Mixed residential and commercial buildings
Building class
RM

From NYC public records where available.

Price History

May 4, 2026Initial record
$1,457,625for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.