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216 E 47th St APT 6B, New York, NY, 10017

1beds
2baths
940sqft
$895,000
$952price/sqft
$6,830/moest. monthly cost
$273,200/yrincome needed

About This Home

Residence 6B at The Octavia is a spacious and sun-filled one-bedroom, one-and-a-half-bathroom home offering oversized rooms, open southern exposures, and a wonderful private terrace perfect for indoor-outdoor living. A gracious entry foyer welcomes you into the home and leads to an expansive living and dining area filled with beautiful southern light through oversized windows. The generous proportions easily accommodate both large-scale living and dining, while the terrace just off the living room provides the perfect setting for morning coffee, outdoor dining, or relaxing in the open air. Rich hardwood floors run throughout the home, adding warmth and character. The separate kitchen is thoughtfully designed with stainless steel appliances, sleek cabinetry, generous storage, and ample counter space. The oversized primary bedroom is a peaceful retreat featuring open southern views along with an additional west-facing window that allows for even more natural sunlight throughout the day. The en-suite primary bathroom offers double sinks and a window, a rare and desirable feature, while a separate powder room adds convenience for guests. The Octavia is a boutique luxury condominium in Midtown East offering an intimate and full-service living experience with only two residences per floor and 48 apartments total. Residents enjoy a full-time doorman, laundry room, bike room, and additional storage. Perfectly situated in the residential enclave of Turtle Bay, the building is moments from Grand Central, the United Nations, multiple subway lines, and the neighborhood’s excellent restaurants, shopping, and conveniences. Please note, pets are not permitted. There is a capital assessment of $281.67 which needs 12/21/2026.

Getting Around

100
WalkingWalker's Paradise
100
TransitRider's Paradise
80
BikeVery Bikeable

Schools

5/10
8/10
Jhs 104 Simon BaruchGrades 6-81.3 mi
8/10

Construction

Condition

  • Year built: 1985

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Interior Area

  • Total structure area: 940
  • Total interior livable area: 940 sqft

Property

Details

  • Special condition: Resale

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hurricane
    HurricaneModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Cold Wave
Earthquake
Hurricane
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,525$54,300
Home Insurance *$1,530$18,360
Property Taxes $529$6,348
Electricity $246$2,954
Total$6,830$81,960
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$234,171/yr
40% on housing$204,900/yr
45% on housing$182,133/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$952This listing

vs Other Active Listings

Avg $/sqft

ZIP 10017$1,022
New York County$1,489

vs Homes Sold Last Month

Median $/sqft

ZIP 10017$750
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-26Listed for sale$895,000
2022-06-08Listing removed--
2022-05-11Listed for sale$1,200,000
2018-12-03Listing removed$3,900
2018-09-05Listed for rent$3,900

For Sale by Agent

AgentGeorgia Kaporis
BrokerageDouglas Elliman

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