--- title: "249 East 48th Street #16E, New York City, NY 10017" description: "249 East 48th Street #16E, New York City, NY 10017 — Midtown East, New York City, NY. Listing Price $850,000. 1 bed, 1 bath, 782 sqft Illustrative Buyer Commission Share of $12,750 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10017/249-east-48th-street-16e-ny-10017" source: "Real Estate Rebate Team" dateModified: "2026-09-17T15:49:24.821Z" status: "Active" --- # 249 East 48th Street #16E, New York City, NY 10017 Midtown East, New York City, NY Courtesy of Compass Last updated: September 17, 2026, 11:49 AM ## At a Glance - **Listing Price**: $850,000 - **Beds**: 1 - **Baths**: 1 - **Sqft**: 782 - **Common Charges**: $771 / mo - **Monthly Taxes**: $851 / mo - **Price per Sqft**: $1,087 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $850,000 - **Illustrative Buyer Commission Share**: -$12,750* - **Illustrative Net Cost**: $837,250 *Illustrative Buyer Savings of $12,750 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![249 East 48th Street #16E, New York City, NY 10017 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d94ca8e2-1af0-41a9-a3b9-f5fe7b3e88a0.jpg) ![249 East 48th Street #16E, New York City, NY 10017 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/32778402-4d20-4852-abbc-7b37449a9c7b.png) ![249 East 48th Street #16E, New York City, NY 10017 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/291228aa-6e23-4f47-b3c8-f223fe9dbc4a.jpg) ![249 East 48th Street #16E, New York City, NY 10017 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fa09bdcd-82fa-40e0-8649-1bb09e98bb07.jpg) ![249 East 48th Street #16E, New York City, NY 10017 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a003e9e8-905d-4718-971e-b6f71525e0ca.jpg) ![249 East 48th Street #16E, New York City, NY 10017 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1be57e55-7f67-4a95-b71f-2bc93a5d8651.jpg) ![249 East 48th Street #16E, New York City, NY 10017 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/73d1e578-193d-4b0a-94ac-f8d84376abe4.jpg) ![249 East 48th Street #16E, New York City, NY 10017 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bf710662-d1b2-482f-b9d2-531a47f71a9c.png) ![249 East 48th Street #16E, New York City, NY 10017 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/593d6920-7865-4d17-9c2d-aeb31bfe3a16.png) ![249 East 48th Street #16E, New York City, NY 10017 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f4392a05-fa58-4a67-901c-bf4c7bed5c61.png) ## Property Overview Welcome to this bright and beautifully renovated corner one-bedroom residence, ideally positioned on the 16th floor with open city views and abundant natural light from western and northern exposures. The oversized living room is wrapped in large windows and features a separate dining alcove, creating a spacious and inviting setting for both everyday living and entertaining. The renovated kitchen is thoughtfully appointed with custom cabinetry, Carrara marble countertops, and high-end appliances by Sub-Zero, Viking, and Bosch. The spa-like bathroom is also finished in Carrara marble and features a deep soaking tub. A generously sized bedroom, new hardwood floors, and six large closets provide exceptional comfort and an extraordinary amount of storage throughout the home. The building welcomes residents with a renovated lobby and offers a new elevator, 24-hour doorman, live-in superintendent, laundry room, and an on-site garage operated by a third party. Set in the heart of Turtle Bay, the residence is surrounded by some of Midtown East’s best dining, including Smith & Wollensky, The Grill, Casa Lever, Avra, and P.J. Clarke’s. Whole Foods Market, Morton Williams, Bloomingdale’s, and the shops of Madison and Fifth Avenues are also nearby. Greenacre Park, Dag Hammarskjöld Plaza, Grand Central Terminal, and the E, M, 6, and 7 subway lines provide an exceptional combination of neighborhood charm, everyday convenience, and easy access throughout the city. ## Property Details - **Property Type**: Condominium - **Beds**: 1 - **Baths**: 1 - **Rooms**: 4 - **Sqft**: 782 sqft - **Stories**: 21 - **Year Built**: 1959 - **Price per Sqft**: $1,087 - **Common Charges**: $770.98 / Monthly - **Monthly Taxes**: $851 / mo - **Listed On**: Sep 17, 2026 - **Days on Market**: 1 Days ### Residence Features - Common On Floor - Common Area - Garage ### Building Amenities - Garage ## Estimated Monthly Payment **$5,920 / month**, assuming a 20% down payment ($170,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $4,298 - **Property Taxes**: $851 - **Common Charges**: $771 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### Recent sales 14 apartments at Turtle Bay House have recorded sales since September 2021, the most recent for $2,650,000 in March 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 10AB (Apartment) | 3 | 2,721 | $2,650,000 | $974/ft² | March 30, 2026 | City record · MLS | | 5J (Apartment) | — | 776 | $822,500 | $1,060/ft² | December 4, 2025 | City record | | 5D (Apartment) | — | 1,494 | $1,500,000 | $1,004/ft² | November 25, 2025 | City record | | 2E (Apartment) | — | 873 | $725,000 | $830/ft² | October 15, 2025 | City record | | 3A (Apartment) | Studio | 633 | $650,000 | $1,027/ft² | September 26, 2025 | City record · MLS | | 4A (Apartment) | Studio | 631 | $575,000 | $911/ft² | October 15, 2024 | City record · MLS | | 4E (Apartment) | 1 | 850 | $740,000 | $871/ft² | June 27, 2024 | City record · MLS | | 13D (Apartment) | 2 | 1,494 | $1,525,000 | $1,021/ft² | June 14, 2024 | City record · MLS | | 13J (Apartment) | 1 | 776 | $816,500 | $1,052/ft² | September 7, 2023 | City record | | 8H (Apartment) | — | 507 | $450,000 | $888/ft² | August 10, 2023 | City record | | 12K (Apartment) | — | 566 | $515,000 | $910/ft² | June 9, 2023 | City record | | 2K (Apartment) | — | 566 | $480,000 | $848/ft² | January 25, 2023 | City record | | 6D (Apartment) | 2 | 1,494 | $1,475,000 | $987/ft² | December 19, 2022 | City record · MLS | | 10F (Apartment) | Studio | — | $450,000 | — | December 14, 2022 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares - **This home**: $850,000 - **Median sold price**: $2,450,000 - **Difference**: -$1,600,000 (-65.3%) - **This home, $/ft²**: $1,087 - **Median $/ft²**: $2,777 - **Comparable sales**: 55 - **Sales from**: October 2024 – July 2026 - **Middle half of those sales**: $1,304,000 – $2,604,000 Based on condo one-bedroom sales in Midtown East. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Midtown East instead. ### How these sales were negotiated - **Sale-to-list price**: 93.7% (47 sales) - **Sold below asking**: 85% (47 sales) - **Typical time to find a buyer**: 10 days (36 sales) - **Typical time to close**: 38 days (42 sales) Based on condo one-bedroom sales in Midtown East with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. ### Price trend Median price per square foot, sales at Turtle Bay House | Year | Median $/ft² | Sales | | --- | --- | --- | | 2017 | $1,015/ft² | 4 (thin) | | 2023 | $899/ft² | 4 (thin) | | 2024 | $911/ft² | 3 (thin) | | 2025 | $1,015/ft² | 4 (thin) | Based on recorded sales at Turtle Bay House. Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning. Sales data through July 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at Turtle Bay House](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/turtle-bay-house) ## About The Building ### Turtle Bay House Turtle Bay · Condominium 249 East 48th Street, New York, NY 10017 A building in Turtle Bay, currently featuring 2 active listings. - **Year Built**: 1959 - **Active Units**: 2 - **Floors**: 21 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/turtle-bay-house) ### Available Residences — For Sale (2) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [16E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10017/249-east-48th-street-16e-ny-10017) | 1 | 1 | 782 sqft | $1,087 | $850,000 | Compass | Sep 17, 2026 | 1 days | | [18A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10017/249-east-48th-street-18a-ny-10017) | 2 | 2 | 1,597 sqft | $1,503 | $2,400,000 | Compass | Sep 11, 2026 | 7 days | ## Midtown East Overview of Midtown East [Explore Midtown East](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-midtown) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Midtown East - [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) - [Hells Kitchen real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hells-kitchen) - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) ## Related Links - [Turtle Bay House — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/turtle-bay-house) - [Midtown East neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-midtown) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > 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. ©2026 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.