243 East 48th Street

$5,400,000
Last Sold Price
5
Beds
3,850 Sq. Ft.
$1,403 / Sq. Ft.
3,850
Sq. Ft.
$1,403
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

    Compass

    robert.mccain@compass.com

    P: (917)-363-3272

  2. Kristina Kaplan Wallison

    Kristina Kaplan Wallison

    Alternative Listing Agent

    Compass

  3. McCain Wallison Advisory

    McCain Wallison Advisory

    Alternative Listing Agent

    Compass

    mwadvisory@compass.com

    P: (917)-742-3136

Amenities

  • Primary Ensuite
  • Common Garden
  • Fireplace
  • Crown Mouldings
  • Decorative Mouldings
  • Built-Ins
  • Wet Bar
  • Private Entrance
LISTING UPDATED: 07/07/2022 07:15 AM

Property Details for 243 East 48th Street

StatusSold
Days on Market26
Taxes$4,651 / month
Maintenance-
Min. Down Pymt-
Total Rooms12.0
Compass TypeTownhouse
MLS TypeHouse/Building
Year Built1899
Lot Size2,008 SF / 20' x 100'
CountyNew York County
Buyer's Agent Compensation2.5%

Building

243 E 48th St

1 Units3 StoriesBuilt in 1899
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Virtual Tour

Building Information for 243 East 48th Street

Stories3Year Built1899Building Size20' x 48'Building Sq. Ft2,880 SFLot Size2,008 SF / 20' x 100'Building Age-Building Type-

Payment Calculator

$31,334 per month

30 year fixed, 6.28% Interest

Principal and Interest

$26,683

Property Taxes

$4,651

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 243 East 48th Street

DateEvent & SourcePriceAppreciationLink
Jun 29, 2022

Sold

Manual

$5,400,000
Jun 27, 2022

Sold (Public Record)

ACRIS #2022070100188001

$5,400,000
Apr 30, 2022

Contract Signed

Manual

Apr 3, 2022

Listed (Active)

Manual

$5,495,000
Mar 16, 2022

Temporarily Off Market

Manual

DateEvent & SourcePrice
06/29/2022

Sold

Manual

$5,400,000
06/27/2022

Sold (Public Record)

ACRIS #2022070100188001

$5,400,000
04/30/2022

Contract Signed

Manual

04/03/2022

Listed (Active)

Manual

$5,495,000
03/16/2022

Temporarily Off Market

Manual

For completeness, Compass 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$124,500Total$293,520
Tax Record2025$58,953 ($4,913 / month) Tax Class1Tax Rate20.085%
Home Facts
Total Finished SqFt3,840 SqFtLot Size2,008 SqFtYear Built1899ZoningR8BAPN1013220019

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.

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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. 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 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. 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. ©2025 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.©2025 The Real Estate Board of New York, Inc., All rights reserved.