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for saleRealtyLens property overview
$899,000

48 Hester St Apt 5C

New York, NY, 10002
View more New York, NY property pages
1Beds
1Baths
706Sqft
$1273$/sqft

Listing Notes

Welcome to fabulous 5C at 48 Hester Street, a spacious 1-bedroom, 1-bathroom home offering approximately 706 square feet of comfortable living. Flooding the home with natural lighting through out the day, this bright and inviting residence features brand-new hardwood floors, an updated kitchen, and freshly painted wall to ceiling through out. The fully equipped kitchen features modern finishes with brand new appliances and extra tall cabinetry to offer an ample storage for your favorite kitchen essentials. The expansive living and dining area are ideal for both relaxing and entertaining. Its large windows and glass door to balcony fill this corner unit home with natural light while showcasing the city's splendor. The generously sized bedroom includes two excellent double size closet spaces and additional living space for a home office or ensuite entertainment area. Minutes to Delancey St - Essex St Station with F, M, J, and Z line connections. Additionally, it is just steps away to Trader Joe's, Essex Market, endless Cafes and Restaurants of local favorites, as well as beautiful Arts and Boutique Shops. Open air enthusiasts will love the proximity to legendary bridges - Williamsburg, Manhattan, and Brooklyn Bridge - which offer relaxing walks, jogging, biking, along the East River Greenway or East River Park. Easy transportation access to nearby subway lines, bus stations, FDR Drive, and Ferries. Ideally located in the charm of Downtown Manhattan, this exceptional home offers space, comfort, and conveniences within Soho, Little Italy, Chinatown neighboorhoods, and to the rest of the City.

Market Insights

Above nearby median+14%

$1273/sqft vs a nearby median of $1119/sqft.

Nearby median$1119/sqft
Nearby properties8
Property size706 sqft
  • +14% versus the nearby median price per square foot.
  • 2 price records are available for this property.
  • 706 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$778k$702k$854k · 42% confidence
vs ask $899k+$121k (+13.5%)

Asking price is about 13.5% above where comps + adjustments land — there is room to negotiate.

$1,119/sqft median across 5 tight comps × 706 sqft= $790k
  • Open Class C HPD violations−$47k −6.0%
  • Transit access+$32k +4.0%
  • High-density walkability+$16k +2.0%
  • Virtually staged−$8k −1.0%
  • Visible condition issues−$4k −0.5%
Cumulative NYC adjustments−$12k−1.5%

Property Read

FreshnessCurrent market data

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

Market Position+14% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price Movement1 price cut

Recorded price cuts can create room for negotiation, but the latest ask still needs to be compared against true comps.

Diligence Read3 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
18 days
Last price change
Down $56,000 (5.9%)
Listed
Apr 24, 2026
Photos
19 photos
Property type
condos
Status
for sale
Last sold
Jun 19, 1990 · $213,000

Features & Amenities

Pets AllowedUpdated KitchenEnsuiteBalconyHardwood FloorsHome OfficeOfficeDenShopping

Photos

Building Facts

Year built
1990
Stories
9
Total units
41
Residential units
35
Building area
26,564 sqft
Lot size
10,820 sqft
Land use
Mixed residential and commercial buildings
Building class
RM

From NYC public records where available.

Price History

May 12, 2026diff
$899,000for sale
May 4, 2026Initial record
$955,000for sale

Public Records

DOB violations23 open

57 total recorded against the building

HPD violations20 open

5 class C (immediately hazardous)

ACRIS documents0

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)30,713

Top: noise - residential

Top complaint types in ZIP 10002

  • Noise - Residential3,934
  • Illegal Parking3,286
  • Noise - Commercial2,917
  • Noise - Street/Sidewalk1,993
  • HEAT/HOT WATER1,752

Recent DOB

  • Nov 14, 2025V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
  • Nov 14, 2025V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
  • Nov 14, 2025V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
  • Sep 23, 2024V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED

Recent HPD

  • Apr 23, 2024Class C · § 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE LATCH SET AT HOPPER...
  • Apr 23, 2024Class C · § 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE HINGES AT BULKHEAD ...
  • Apr 23, 2024Class C · § 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE LATCH SET AT DOOR A...
  • Apr 23, 2024Class C · § 27-2005, 27-2007, 27-2041.1 HMC, §238, § 309; § 107 (2) ( C) MDL AND 28 RCNY §25-171: REPLACE OR REPAIR THE SELF-CLOSING DOORS THAT IS MISSING OR DEFECTIVE LATCH SET AT FIRE D...

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

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.