Sold
Last Sold Price
5 beds3,850 sqft
243 East 48th Street, Midtown East
TownhouseProperty Type
1899Year Built
$1,403/sq ftPrice per sq ft

Description

Built in 1899 and available for the first time in 53 years, 243 East 48th Street is a charming and cozy 5-BR townhouse on an elegant, tree-lined street, one of the lovely original brownstone townhouses which back up to and share the famous Turtle Bay Gardens.
Turtle Bay Gardens, conceived by Charlotte Hunnewell Sorchan in 1918, is the exclusive common garden enclave covering the gardens of 9 houses on East 48th and 11 houses on East 49th Street between Second and Third Avenues.
The gardens themselves
...Built in 1899 and available for the first time in 53 years, 243 East 48th Street is a charming and cozy 5-BR townhouse on an elegant, tree-lined street, one of the lovely original brownstone townhouses which back up to and share the famous Turtle Bay Gardens.

Turtle Bay Gardens, conceived by Charlotte Hunnewell Sorchan in 1918, is the exclusive common garden enclave covering the gardens of 9 houses on East 48th and 11 houses on East 49th Street between Second and Third Avenues.

The gardens themselves are an oasis of mature trees and flowering shrubs that share a common path down the center, with a fountain copied from the Villa Medici and statues. It feels like a secret garden sanctuary dropped into the middle of Manhattan.

A review from 1920 Architectural Record stated that "each owner has, visually speaking, surrendered a part and received back a beautiful whole." The Gardens have attracted a variety of personalities from its first purchaser, Maria Chapin, founder of The Chapin School, to Time Magazine co-founder Henry Luce, June Havoc, Garson Kanin, and screen legend Katherine Hepburn.

Listing Agents

  1. Robert McCain

    Robert McCain

    Listing Agent

    P: (917) 363-3272

  2. Kristina Kaplan Wallison

    Kristina Kaplan Wallison

    Alternative Listing Agent

    P: (917) 742-3136

  3. McCain Wallison Advisory

    McCain Wallison Advisory

    Alternative Listing Agent

    P: (917) 742-3136

Listing closed: 06/27/2022 12:00 AM

Recent comparable sales

Median sold price

$5,745,000

Avg days on market

126

Sale-to-list ratio

89.1%

Manhattan, NY

9 comparable properties found

1

$4,960,000

Sold 01/07/25

5
Bedrooms
4,425
Square Feet
96' x 17'
lot size
2

$6,200,000

Sold 08/03/26

5
Bedrooms
4,520
Square Feet
12' x 100'
lot size
a front view of a building with a garden
1/13
3

$5,745,000

Sold 02/21/25

5
Bedrooms
4,076
Square Feet
20' x 100'
lot size
$6,500,000 | 25 Stuyvesant Street, Unit Undisclosed, East Village
1/29
4

$6,500,000

Sold 12/12/24

5
Bedrooms
3,400
Square Feet
0.02
Acres
5

$5,800,000

Sold 07/18/25

4
Bedrooms
3,500
Square Feet
77' x 17'
lot size
$6,365,000 | 300 East 77th Street, Unit 5BC, Lenox Hill
1/21
6

$6,365,000

Sold 06/09/26

5
Bedrooms
4,100
Square Feet
Unavailable
Acres
7

$4,200,000

Sold 09/08/25

5
Bedrooms
3,300
Square Feet
Unavailable
Acres
8

$5,148,000

Sold 05/21/25

5
Bedrooms
3,256
Square Feet
Unavailable
Acres
9

$4,500,000

Sold 12/19/25

5
Bedrooms
3,500
Square Feet
98' x 20'
lot size

Amenities

  • Primary Ensuite
  • Common Garden
  • Fireplace
  • Crown Mouldings
  • Decorative Mouldings
  • Built-Ins
  • Wet Bar
  • Private Entrance

Location

Add your commute

Virtual Tour

Payment Calculator

$33,479 per month

30 year fixed, 7.03% Interest

Principal and Interest

$28,828

Property Taxes

$4,651

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 243 East 48th Street

Property Details
  • Taxes: $4,651 / month
  • Total Rooms: 12.0
  • MLS Type: House/Building
  • Buyer's Agent Compensation: 2.5%
Building Information
  • Stories: 4
  • Year Built: 1899
  • Building Size: 20' x 48'
  • Building Sq. Ft: 3,840 SF

Property History for 243 East 48th Street

DateEvent & SourcePriceAppreciation
Jun 29, 2022

Sold

Manual

$5,400,000—
Jun 27, 2022

Sold (Public Record)

ACRIS

$5,400,000—
Apr 30, 2022

Contract Signed

Manual

—
DateEvent & SourcePrice
06/29/2022

Sold

Manual

$5,400,000
06/27/2022

Sold (Public Record)

ACRIS

$5,400,000
04/30/2022

Contract Signed

Manual

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 243 East 48th Street

Taxable ValueLand$169,020Additions$139,200Total$308,220
Home Facts
Total Finished SqFt3,840 SqFtLot Size2,008 SqFtYear Built1861ZoningR8B

Schools near 243 East 48th Street

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 59 Beekman Hill International
PublicPK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 104 Simon Baruch
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Midtown East
Midtown East
A classic New York neighborhood with a contemporary vibe. Steps from Manhattan’s most iconic sites, Midtown East is home to a world-class cultural scene, plus an endless array of options for shopping, eating, and drinking.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 243 East 48th Street, Midtown East
$5,400,000
5
3,850
–
$7,000,000
1
1
5,300
–
$480,000
Studio
500
–

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

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. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.