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Turtle Bay House

Turtle Bay House

Turtle Bay House
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

249 E 48th St
New York, NY 10017-1526
162 Units
21 Stories
1959 Year Built
$66K - $2.0M Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Doorman
  • P.S. 59 Beekman Hill International Rated A
  • Elevator
  • Rooftop Deck
  • City View
  • 3 min walk to Dag Hammarskjöld Plaza

White-brick condo in Midtown East with affordable monthlies

Recessed penthouses and beveled corners on upper levels have a humanizing effect that sets Turtle Bay House apart from the steel-and-glass skyscraper across the street — which was responsible for demolishing a building containing one of Andy Warhol’s Factories. However, with automatic sliding front doors that open to a recently renovated stone-tiled lobby, brass-accented elevators and 24-hour front-door service, 210 East 48th Street reflects Midtown East’s high standard of living. For units near the top of Turtle Bay House, terraces let residents take in the high-rise sights and sounds, which can include partial East River views. A private, underground parking garage and laundry room complete the shared amenities, and full-service staff includes a live-in superintendent, handyman and porter. “One very attractive attribute of the building are the reasonable monthly fees,” says Katy Quinton, a real estate agent at Engel & Völkers NYC. “Relative to other buildings in the area, the lower monthlies are certainly one of the standout features that draw buyers to the building.”

Primarily one bedrooms and flexible two bedrooms

Here, studios create a sense of separate spaces by using galley kitchens in their layouts, which, depending on the floor plan, can also make room for small dens or dining areas. One bedrooms often place the bathroom entrance in the sleeping quarters, and they can range from compact 600-square-foot setups to 950-square-foot spaces with alcoves for a desk or dining table. In two-bedroom units, layouts can include spacious features such as multiple walk-in closets, second bathrooms, dens and terraces. Three-bedroom units expand upon this arrangement by adding a third bathroom and, on higher floors, an additional mini terrace. “Layouts in the building offer excellent value for space. For instance, room proportions throughout are quite generous, and there are several two-bedroom lines that can easily be converted to three-bedroom units,” Quinton says. Considering Turtle Bay House is over 65 years old, interiors vary widely based on previous owners’ tastes. Flooring can be hardwood, parquet or, in some cases, carpet, and kitchens run the gamut from composite countertop material and plain white tiling to granite surfaces and natural wooden cabinets. Dishwashers are standard, but washer-dryers are rare and only allowed on a case-by-case basis.

Offerings below $1 million and easy subletting

Prices for studios start just above $500,000, and one bedrooms begin just past $800,000. Two bedrooms jump to $1.6 million, and three bedrooms are all above $2 million. Common charges range from $500 per month for studios to nearly $1,400 for two bedrooms, and monthly taxes range from $750 to $1,500 across those same layouts. “Subletting is allowed, and the process to do so is fairly straightforward,” Quinton says. Aside from the expected application fee, there aren’t significant costs, restrictions or rental caps for owners who want to sublet.

Attached parking and essential businesses on the ground floor

A basement laundry room supplements the general lack of in-unit washer-dryers, and an underground parking garage is helpful in this part of Manhattan, where street parking spots are metered and can be hard to come by. Although the building doesn’t have shared spaces such as a fitness center or roof deck, on Second Avenue, the ground floor has a string of convenient businesses that include a pharmacy, dry cleaner, barbershop and nail salon.

Between Midtown offices and the United Nations

Turtle Bay, the namesake neighborhood surrounding 249 East 48th Street, is best known for its office buildings, mix of casual lunch spots and fine-dining restaurants, and proximity to the United Nations headquarters. A few blocks northeast, residents can walk on the East River Esplanade — which has a dog run — to decompress from the Midtown scenery. In the other direction, Fifth Avenue has excellent shopping, and farther west are Broadway shows.

On-site parking and access to Grand Central Terminal

The closest subway stations may be a few blocks away, but with access to 4, 6, 7, E and M trains, residents can easily go uptown, downtown and into Queens and Brooklyn. Grand Central Terminal is nearby with Metro-North and Long Island Railroad trains, and one block down, 47th Street has a sizeable CitiBike station. For car owners, the building’s on-site garage saves them from spending time and money on scarce street parking.

Available Condos

No units matching this criteria are available right now.

Building Details

Recreation

  • Community Spa

Amenities

  • City Views
  • Doorman
  • Rooftop Deck
  • Public Transportation
  • Laundry Facilities
  • Resident Manager or Management On Site
  • 24 Hour Access

Parking

  • Garage

Condo Association

  • $2,868 Monthly HOA Fees
  • Monthly HOA Fees Range from $570 - $2,868
  • Turtle Bay House Co Condos
  • Turtle Bay Subdivision
  • On-Site Maintenance

Building Design

  • Elevator
  • High-Rise Condominium

Unit Features

  • Laundry in unit

Unit Information

Unit
16E
Beds
3 Beds
1 Bed
Baths
4 Baths
1 Bath
Sq Ft
2,721
782
Price
$2,899,000
$895,000
Price / Sq Ft
$1,065 / Sq Ft
$1,145 / Sq Ft
List Date
03/31/2025
03/18/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
431 - 1,875
Est. Values
$66,116 - $1,991,766
1 Bedroom Units
Sq Ft Range
606 - 1,494
Est. Values
$651,818 - $1,457,937
2 Bedroom Units
Sq Ft Range
873 - 1,597
Est. Values
$795,582 - $1,620,206
3 Bedroom Units
Sq Ft Range
1,485 - 2,721
Est. Values
$1,451,195 - $1,949,493
All Units
Sq Ft Range
431 - 2,721
Est. Values
$66,116 - $1,991,766

Map

Area Factors

Low Crime

Crime Score®

4 / 10

Very Bikeable

Bike Score®

80 / 100

Walker's Paradise

Walk Score®

100 / 100

Rider's Paradise

Transit Score®

100 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

58 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$21K - $1.6M
Range of Taxes in Building
$2,210 - $166,549
Range of Taxes per Sq Ft
$6.75 - $47.79

Property Tax History

Source: Public Records

Similar Condominium Buildings

Building Team

Property Management
Olmstead Properties, Inc. - 249 E 48th St
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.