Listing Courtesy of Elegran LLC
$2,200,000
Potential Rebate: $33,000
Open Houses are by appointment only, please contact the exclusive listing agent to schedule.
Welcome to Terra 48, a boutique collection of six full-floor luxury residences in a stunningly reimagined 1910 brownstone. Thoughtfully designed to blend historic charm with modern sophistication, each residence offers direct elevator access, private outdoor space, and meticulous craftsmanship throughout.
This two-bedroom, two-bath home features a windowed nook in the living space, offering a versatile area that can be enclosed for a home office or nursery. The spacious L-shaped layout is perfect for dining and entertaining, seamlessly integrating form and function.
Terra 48’s storied past is enriched by its former residents, including renowned industrial designers Russel and Mary Wright, whose innovative work helped shape modern American living. Inspired by their legacy, these homes feature 7.5” wide white oak flooring, recessed LED lighting, and a Mitsubishi split HVAC system for year-round comfort.
The chef’s kitchen is a masterpiece of both style and utility, equipped with custom cabinetry, Calacatta Valentin quartz countertops, a Bosch professional range, Fisher & Paykel paneled refrigerator, Bosch dishwasher, Summit wine fridge, and a vented Faber hood. Under-cabinet lighting and a Kohler fixture suite complete the space.
Primary bathrooms offer a spa-like retreat, featuring five-fixture layouts, floor-to-ceiling Ariston marble tiles, double vanities, and custom medicine cabinets. Kohler faucets, shower fittings, and soaking tubs add to the luxurious feel. Secondary bathrooms maintain the same level of elegance with premium finishes and fixtures.
Terra 48 is a rare opportunity to own a piece of history while embracing the best of contemporary living.
The complete offering terms are in an offering plan available from Sponsor. File No. CD24-0029. Sponsor: CMCSSG 221E48, LLC., 207 Bowery, 2nd Floor, New York, NY 10002. Equal Housing Opportunity.
Disclaimer: Some images feature virtual renderings, and certain photos may depict similar units within the building. For detailed information and to schedule a tour, please contact our Exclusive Agents.
$13,368 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$33,000
Monthly savings impact
$92/mo
Effective Purchase Price
$2,167,000
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Elegran LLC
Data Source: TRESTLE #RLS20047065

2.5%
Experience
Member
Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Elegran LLC
Data Source: TRESTLE #RLS20047065

Compare average listing prices and value metrics for 221 East 48th Street against the surrounding East Midtown market.
than the East Midtown price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
East Midtown is the corporate heart of the city. It is impressive and tall. For buyers seeking East Midtown Manhattan real estate, it offers walk-to-work convenience.
Living in East Midtown is efficient. As a Manhattan NYC neighborhood, it is global.
The market for homes for sale in East Midtown includes luxury high-rise condos.
The lifestyle in East Midtown is busy on weekdays, quiet on weekends.
East Midtown is connected to everything via Grand Central.
Bryant Park is nearby.
Amenities: World-class shopping on 5th Ave.
East Midtown is best for corporate professionals.

You can also call me anytime at +1 (315) 514-0164