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239 E 48th St, New York, NY, 10017

6beds
7baths
4,441sqft
$7,750,000
$1,745price/sqft
$57,761/moest. monthly cost
$2,310,440/yrincome needed

About This Home

A rare opportunity awaits at this exceptional 20-foot-wide residence in Manhattan's prestigious Turtle Bay neighborhood. Offering nearly 5,000 square feet of refined living space, this impeccably maintained townhome is a truly exceptional and historic property, distinguished by its rare and remarkable internal garden—a feature virtually unmatched in New York City. The newly renovated chef's kitchen showcases premium appliances and custom cabinetry, while the breathtaking garden provides a tranquil retreat from the urban energy that surrounds it. Six generously proportioned bedrooms and seven bathrooms offer abundant space for family living and sophisticated entertaining. Meticulously preserved architectural details harmonize with contemporary upgrades throughout, creating an ambiance of timeless elegance. The privileged Midtown East location places residents within moments of world-class dining, cultural institutions, and transportation connections, while providing an exceptional degree of privacy rarely found in Manhattan. This distinguished residence presents an extraordinary opportunity to acquire a turnkey luxury property in one of New York City's most coveted enclaves. “FOR INVESTORS ONLY” “TENANTS IN PLACE”.

Getting Around

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

Schools

8/10
Jhs 104 Simon BaruchGrades 6-81.4 mi
8/10

Construction

Condition

  • Year built: 1899

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 7
  • Full bathrooms: 5
  • 1/2 bathrooms: 2

Features

  • Flooring: Hardwood
  • Fireplace: Yes

Interior Area

  • Total structure area: 4,441
  • Total interior livable area: 4,441 sqft

Property

Details

  • Parcel number: 013220017
  • Special condition: Resale

Features

  • Patio & porch: Other,Terrace
  • Exterior features: Courtyard,Balcony,Garden,Terrace
  • Has view: Yes
  • View description: Garden,Park/Greenbelt

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 $39,188$470,256
Home Insurance *$13,255$159,060
Property Taxes $4,585$55,020
Electricity $733$8,807
Total$57,761$693,132
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,980,377/yr
40% on housing$1,732,830/yr
45% on housing$1,540,293/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

$1,745This listing

vs Other Active Listings

Avg $/sqft

ZIP 10017$976
New York County$1,488

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
2026-07-14Listed for sale$7,750,000
2025-09-24Listing removed$35,000
2025-09-10Price change$35,000
2025-07-07Listed for rent$40,000
2025-06-08Price change$6,995,000
2025-03-25Listed for sale$7,750,000
2024-07-26Listing removed$6,750,000
2024-02-19Listed for sale$6,750,000
2023-11-10Listing removed--
2023-11-07Listed for sale$6,995,000
2023-10-17Listing removed--
2023-09-28Listed for sale$6,995,000
2023-09-28Pending sale$6,995,000
2023-09-14Price change$6,995,000
2023-02-09Listed for sale$7,495,000
2022-08-23Listing removed--
2022-08-10Listed for rent$35,000
2008-08-01Sold$6,250,000
1997-05-07Sold$6,195,000

For Sale by Agent

AgentAna Centola
BrokerageSotheby's International Realty

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