244 E 48th St, New York, NY 10017

Studio-- baths4,100 sqft

For Sale
$12,000,000
Zestimate®: $12,450,666
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My Notes

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Almost a year's worth of planning. NYC Building Department permitting and approvals have been completed. This property comes with all renovation plans and permits in place, approved by the Department of Buildings. This once in a lifetime opportunity is primed to install the home of your dreams. CUSTOMIZE: Your very own Turtle Bay townhouse without the aggravation: This 19' wide non landmarked home has approved plans from the NYC Department of Buildings for a new Single-family construction, including an additional 3,800 square feet of extensions, and two floors. Construction is currently underway developing the property to its full 6,833 Sq ft. A unique opportunity allows this property to be customized to meet the exact needs and wants of the new owner...built and delivered turnkey. LOCATION: 244 East 48th Street is located in the heart of Midtown Manhattan within walking distance of countless landmarks and attractions, well known Manhattan restaurants, corporate headquarters, world class shopping, various transportation options, and the UN. This property is also located in one of the most celebrated and historic townhouse rows in all of Manhattan. This remarkable area was once home to Bob Dylan, Audrey Hepburn, Irving Berlin, Kurt Vonnegut just to name a few. To this day well known musicians, producers, actors, and politicians continue to call this area home. *Please see the 244 East 48th Street brochure link for approved plans and potential layout.  More Less 

Facts

  • Lot: 1,800 sqft
  • Townhouse
  • Built in 1899
  • 173 days on Zillow
  • Last sold: Feb 2014 for $4,235,000
  • Price/sqft: $1,033
  • MLS #: TH244

Additional Features

  • Total Floors \ 4, Borough \ Manhattan, Block Number \ 1321, Lot Number \ 131, Total Charges \ 30000

Construction

  • # Stories: 4.0
  • Unit count: 3

Other

  • Floor size: 4,100 sqft
  • Lot depth: 100
  • Lot width: 18
  • Parcel #: 13210131
  • Zillow Home ID: 31530188

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$12,450,666
-$2,831,554 Last 30 days
$10.5M
$14.3M
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$15,705/mo
+$1,580 Last 30 days
$6.6K
$31K
Zestimate range
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Popularity on Zillow

1,130 views since listing
1,724 all-time (chart)
3 shoppers saved
this home to their list of favorites

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Neighborhood

Market guide

Zillow predicts New York home values will rise 2.9% next year, compared to a 1.4% rise for New York Metro as a whole. Among New York homes, this home is 2065.7% more expensive than the midpoint (median) home, and is priced 585.2% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In New York, the number of foreclosures waiting to be sold is 54.3% lower than in New York Metro, and 76.1% lower than the national average. This lower local number could help New York home values rise more quickly than other regions in New York Metro.

Learn more about forecast calculations or New York home values.
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    Nearby Schools in New York

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