Turtle Bay House Condo, 249 East 48th Street, 16E



Turtle Bay House Condo, 249 East 48th Street, 16E


The Space:
This magnificent 16th-floor, expansive corner condo with west and north exposures has undergone a full, meticulous renovation. All that remain are the striking, open city views to the west and northwest, overlooking Turtle Bay Gardens Historic District. Inside, brand new 6-inch quartersawn oak floors offer stunning grain patterns and phenomenal stability. In the kitchen, a professional-grade appliance package boasting: Viking, Sub-Zero and Bosch brands, partners with Carrera marble countertops and Thassos marble backsplash to satisfy even the most demanding cook. There is a separate, spacious dining area just off of the kitchen. Six closets, including two deep walk-ins, capably address your storage needs, while Waterworks fixtures adorn the marble bathroom.
The Location:
Three blocks to the U.N. and close to Greenacre Park, a Manhattan treasure, with 25-foot waterfall and mature trees. The building sits in a friendly, residential neighborhood with the promise of a short walk to all of midtowns world-class retail and culinary options.
The Value:
The value is unmatched relative to area new development priced at a 30% premium. Equally compelling, monthly RE taxes and CCs combined barely register at $1.06/sf. Naturally, for the investor, an attractive cap rate - a Manhattan rarity - can be easily achieved. Apartment Features: North exposure, West exposure, Full city view, Full garden view, Floors - hardwood, Light - excellent, Windows - oversized, Modern kitchen, Renovated bathroom, Marble bath, Walk in closets, Great closet space, Dishwasher Building Features:
Sold and closed


This listing courtesy of Douglas Elliman

Property Details:

  • Turtle Bay House Condo, 249 East 48th Street, 16E
  • Price: $750,000
  • Monthly Maintenance/CC: $448
  • Monthly Real Estate Tax: $398
  • Minimum Percent Down: 10%
  • Neighborhood: Turtle Bay
  • Condo, Doorman
  • 1 Bed | 1 Bath
  • Approximate Sq. Feet: 800
  • Listing ID: 967975

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