---
title: "301 East 48th Street #15/16F, New York City, NY 10017"
description: "301 East 48th Street #15/16F, New York City, NY 10017 — Turtle Bay, New York City, NY. Listing Price $1,250,000. 2 bed, 3 bath Illustrative Buyer Commission Share of $18,750 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10017/301-east-48th-street-1516f-ny-10017"
source: "Real Estate Rebate Team"
dateModified: "2026-10-13T19:40:50.627Z"
status: "Active"
---

# 301 East 48th Street #15/16F, New York City, NY 10017

Turtle Bay, New York City, NY

Courtesy of Corcoran Group

Last updated: October 13, 2026, 3:40 PM

## At a Glance

- **Listing Price**: $1,250,000
- **Beds**: 2
- **Total Baths**: 3
- **Common Charges**: $3,001 / mo
- **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**: $1,250,000
- **Illustrative Buyer Commission Share**: -$18,750*
- **Illustrative Net Cost**: $1,231,250

*Illustrative Buyer Savings of $18,750 — 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)

![301 East 48th Street #15/16F, New York City, NY 10017 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5db6deb2-1aee-40ad-8dde-e1394840de11.jpg)
![301 East 48th Street #15/16F, New York City, NY 10017 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/532a0cf2-6852-43f1-947c-af689237219a.jpg)
![301 East 48th Street #15/16F, New York City, NY 10017 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c6c9e741-b1aa-4dc0-9d50-4488220beaa8.jpg)
![301 East 48th Street #15/16F, New York City, NY 10017 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e37bb841-0ee0-4597-8f7a-07175cfb0d4d.jpg)
![301 East 48th Street #15/16F, New York City, NY 10017 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8f5c1876-ed39-47f5-b1a2-e9f1eed3e881.jpg)
![301 East 48th Street #15/16F, New York City, NY 10017 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6cefc1a5-f75d-4b7d-8277-ca8109c6c3f4.jpg)
![301 East 48th Street #15/16F, New York City, NY 10017 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4d88a7cf-d35a-4076-883d-56f424cf94dc.jpg)
![301 East 48th Street #15/16F, New York City, NY 10017 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8f1812a7-59bb-4563-b1cf-057397ab26da.jpg)
![301 East 48th Street #15/16F, New York City, NY 10017 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2e0bf01a-d1be-4f2b-bdd5-1143bbfc187d.jpg)
![301 East 48th Street #15/16F, New York City, NY 10017 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d8ee372d-ed37-4dda-9de0-03641c71ffe9.jpg)

## Property Overview

Suburban Scale. Midtown Address. Unlimited Potential.

Welcome to Residence 15/16F at 301 East 48th Street-an oversized 2BR/2.5BA duplex offering extraordinary proportions, a sprawling west-facing private terrace, and the opportunity to create a truly custom home in the heart of Midtown.

Spread across two levels, this is not your typical Manhattan apartment. With an expansive entertaining level, two king-sized bedrooms, abundant storage, and substantial private outdoor space, 15/16F offers the scale, separation, and livability rarely found in New York City. For buyers looking to create something special, the fundamentals are already in place.

Enter on the 15th floor, where the residence opens into a sprawling living and entertaining level. The oversized great room offers exceptional flexibility, with ample space for an XL sectional, a dedicated entertainment area, and a separate formal dining space. Adjacent to the great room is the kitchen, offering the opportunity to create a modern, open-concept culinary space designed entirely to your specifications.

Just off the living area is arguably the home's most impressive feature: an expansive west-facing private terrace stretching nearly 23 feet across the residence. With open city views, afternoon sunlight, and ample space for outdoor dining and lounging, this is a true extension of the living space and a luxury rarely found in Midtown. A conveniently located powder room completes the first level.

Upstairs, the home transitions into a private bedroom level, completely separated from the entertaining space below. Both bedrooms offer impressive proportions and can comfortably accommodate king-sized beds and additional furniture. The primary suite features an ensuite bathroom, while a second full bathroom serves the additional bedroom. Generous closet space and storage throughout further enhance the home's practicality.

While the residence is ready for its next chapter, its greatest appeal lies in the opportunity to make it entirely your own. With a highly functional duplex layout, oversized rooms, substantial private outdoor space, and the flexibility to reimagine the interiors, 15/16F offers a compelling canvas for a thoughtful renovation. The features that are hardest to find in Manhattan are already here. The finishing touches are yours to decide.

301 East 48th Street is a full-service cooperative with 24/7 door staff, a live-in superintendent, on-site laundry and parking (available at a discounted rate for shareholders), and a furnished roof deck with sweeping city and East River views.

The building offers uncommon flexibility, allowing up to 80% financing, pied-à-terres, gifting, parental purchasing, subletting, pets, and installation of a washer/dryer (all with board approval).

There is currently a capital assessment of $84/month. A separate special assessment of $650.21/month is scheduled to expire in June 2027.

Please note: Certain photographs have been virtually renovated to illustrate the residence's potential. Renderings are conceptual and do not represent the property's current condition. Any alterations are subject to applicable building and governmental approvals.

## Property Details

- **Property Type**: Duplex
- **Beds**: 2
- **Total Baths**: 3
- **Rooms**: 6
- **Stories**: 20
- **Year Built**: 1964
- **Common Charges**: $3,001 / Monthly
- **Listed On**: Oct 13, 2026
- **Days on Market**: 1 Days

### Residence Features

- Building Other
- Building Roof Deck
- Private Outdoor Space Over 60 Sqft
- Washer Dryer Allowed
- City Lights
- City
- Skyline

## Estimated Monthly Payment

**$9,322 / month**, assuming a 20% down payment ($250,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $6,321
- **Common Charges**: $3,001

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

41 apartments at Marlo Towers have recorded sales since October 2021, the most recent for $579,000 in September 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [8-K](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10017/301-east-48th-street--k-8K-ny-10017) (Apartment) | 1 | 800 | $579,000 | $724/ft² | September 17, 2026 | MLS |
| [15/16G](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10017/301-east-48th-street-16g-1516G-ny-10017) (Duplex) | 2 | — | $1,490,000 | — | August 24, 2026 | MLS |
| 2G (Apartment) | 1 | 950 | $740,000 | $779/ft² | June 1, 2026 | City record |
| 17-F (Apartment) | 2 | 1,400 | $1,150,000 | $821/ft² | April 27, 2026 | City record · MLS |
| 19-B (Apartment) | Studio | 500 | $430,000 | $860/ft² | April 16, 2026 | City record · MLS |
| 4B (Apartment) | 2 | 1,000 | $760,000 | $760/ft² | February 12, 2026 | City record · MLS |
| 14H (Apartment) | 1 | — | $488,000 | — | January 28, 2026 | City record · MLS |
| 15/16C (Duplex) | 2 | — | $1,530,000 | — | January 8, 2026 | City record · MLS |
| 5D (Apartment) | 2 | — | $1,157,500 | — | December 19, 2025 | City record · MLS |
| 14J (Apartment) | 1 | 860 | $640,000 | $744/ft² | December 17, 2025 | City record · MLS |
| 8C (Apartment) | 1 | 1,065 | $950,000 | $892/ft² | November 3, 2025 | City record |
| 5-B (Apartment) | 2 | 1,050 | $710,000 | $676/ft² | October 14, 2025 | City record · MLS |
| 17-G (Apartment) | 1 | 860 | $725,000 | $843/ft² | September 8, 2025 | City record · MLS |
| 6G (Apartment) | 2 | 950 | $820,000 | $863/ft² | August 27, 2025 | City record · MLS |
| 3E (Apartment) | Studio | — | $390,000 | — | January 16, 2025 | City record · MLS |
| 8G (Apartment) | — | — | $810,000 | — | January 15, 2025 | City record |
| 20-B (Apartment) | Studio | — | $461,000 | — | September 9, 2024 | City record · MLS |
| 9-K (Apartment) | 1 | 800 | $635,000 | $794/ft² | September 5, 2024 | City record · MLS |
| 4C (Apartment) | 2 | — | $550,000 | — | July 22, 2024 | City record · MLS |
| 7-K (Apartment) | 1 | — | $577,500 | — | June 18, 2024 | City record · MLS |
| 3-M (Apartment) | Studio | 625 | $378,000 | $605/ft² | May 23, 2024 | City record · MLS |
| 6L (Apartment) | Studio | — | $485,000 | — | May 20, 2024 | City record · MLS |
| 3H (Apartment) | 1 | 800 | $525,000 | $656/ft² | May 14, 2024 | City record · MLS |
| 18E (Apartment) | 1 | — | $749,000 | — | November 28, 2023 | City record · MLS |
| 10-C (Apartment) | 1 | 950 | $730,000 | $768/ft² | September 28, 2023 | City record · MLS |
| 15/16H (Duplex) | 2 | — | $1,400,000 | — | August 23, 2023 | City record · MLS |
| 16-J (Apartment) | 1 | 856 | $605,000 | $707/ft² | June 15, 2023 | City record · MLS |
| 2G (Apartment) | 2 | 950 | $720,000 | $758/ft² | June 15, 2023 | City record · MLS |
| 9-G (Apartment) | 1 | 950 | $675,000 | $711/ft² | March 21, 2023 | City record · MLS |
| 4H (Apartment) | 1 | — | $550,000 | — | January 24, 2023 | City record · MLS |
| 5A (Apartment) | 1 | 825 | $645,000 | $782/ft² | January 13, 2023 | City record |
| 19E (Apartment) | — | — | $800,000 | — | October 7, 2022 | City record |
| 7J (Apartment) | 1 | 864 | $690,000 | $799/ft² | August 29, 2022 | City record · MLS |
| 3-M (Apartment) | Studio | 600 | $375,000 | $625/ft² | August 3, 2022 | City record · MLS |
| 11C (Apartment) | 1 | 520 | $920,000 | $1,769/ft² | July 8, 2022 | City record |
| 11A (Apartment) | — | — | $575,000 | — | June 30, 2022 | City record |
| 11-L (Apartment) | Studio | — | $480,000 | — | March 10, 2022 | City record · MLS |
| 9-D (Apartment) | 2 | 1,500 | $1,299,000 | $866/ft² | February 17, 2022 | City record · MLS |
| 4-K (Apartment) | 1 | 800 | $540,000 | $675/ft² | December 28, 2021 | City record · MLS |
| 15-M (Apartment) | Studio | 600 | $485,000 | $808/ft² | October 22, 2021 | City record · MLS |

Showing the 40 most recent of 41 recorded sales in this period.

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**: $1,250,000
- **Median sold price**: $1,075,000
- **Difference**: +$175,000 (+16.3%)
- **Median $/ft²**: $821
- **Comparable sales**: 11
- **Sales from**: October 2021 – April 2026
- **Middle half of those sales**: $740,000 – $1,228,250

Based on two-bedroom sales at Marlo Towers.

### How these sales were negotiated

- **Sale-to-list price**: 92.2% (8 sales)
- **Sold below asking**: 100% (8 sales)
- **Typical time to find a buyer**: 72 days (11 sales)
- **Typical time to close**: 87 days (11 sales)

Based on two-bedroom sales at Marlo Towers 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 Marlo Towers

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2016 | $774/ft² | 3 (thin) |
| 2017 | $867/ft² | 8 |
| 2020 | $761/ft² | 9 |
| 2021 | $779/ft² | 10 |
| 2023 | $758/ft² | 8 |
| 2025 | $843/ft² | 8 |
| 2026 YTD | $800/ft² | 6 |

Based on recorded sales at Marlo Towers. 2026 is year-to-date.

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 September 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 Marlo Towers](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/marlo-towers)

## Property Taxes

This apartment is part of a co-op that is taxed as one lot shared across 198 apartments. The corporation’s 2026 property tax bill was $3,897,782 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit.

[See the full property tax history for Marlo Towers](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/marlo-towers)

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### Marlo Towers

Turtle Bay · Stock Cooperative

301 East 48th Street, New York, NY 10017

A building in Turtle Bay, currently featuring 3 active listings.

- **Year Built**: 1964
- **Active Units**: 3
- **Floors**: 20

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/marlo-towers)

### Available Residences — For Sale (5)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [15/16F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10017/301-east-48th-street-1516f-ny-10017) | 2 | 3 | — | — | $1,250,000 | Corcoran Group | Oct 13, 2026 | 1 days |
| [8F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10017/301-east-48th-street-8f-ny-10017) | 1 | 1 | 1,000 sqft | $650 | $650,000 | Corcoran Group | Sep 23, 2026 | 21 days |
| [10G](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10017/301-east-48th-street-10g-ny-10017) | 2 | 1 | — | — | $799,000 | Corcoran Group | Oct 9, 2026 | 5 days |
| [2G](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10017/301-east-48th-street-g-2G-ny-10017) | 1 | 1 | 950 sqft | $811 | $770,000 — In contract | Douglas Elliman Real Estate | Feb 27, 2026 | 229 days |
| [2M](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10017/301-east-48th-street-m-2M-ny-10017) | Studio | 1 | — | — | $435,000 — In contract | Douglas Elliman Real Estate | May 30, 2026 | 137 days |

### Recently Sold (1)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [15/16G](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10017/301-east-48th-street-16g-1516G-ny-10017) | 2 | 3 | — | — | $1,490,000 | Corcoran Group | May 5, 2026 | Aug 24, 2026 |

## Turtle Bay

Overview of Turtle Bay

[Explore Turtle Bay](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/turtle-bay) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Turtle Bay

- [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

- [Marlo Towers — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/marlo-towers)
- [Turtle Bay neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/turtle-bay)
- [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.