Welcome to 209 East 48th Street, a townhouse in the heart of Manhattan near the historic Turtle Bay Gardens District. The townhouse boasts 3,587 square feet spread out across four floors and is currently configured as a two-family townhouse. The townhouse is a perfect opportunity to have an owner occupied unit and receive rental income from the other unit, a live/work opportunity, used for a non-profit/Consulate/Mission or create a single-family townhouse.
Garden Floor Upon entering the townhouse, you’re greeted by a spacious one bedroom apartment with access to the 40ft-deep, north-facing garden. There is an open kitchen, fireplace, hardwood floors throughout and storage.
Triplex - Floors two through four As you enter the second floor, you’ll instantly take note of the high-ceilings in the living room, a fireplace, north facing windows overlooking your private terrace and also giving you access to the garden outdoor space on the first floor. The kitchen, a bedroom/office and bathroom are also on the second floor. On floors three and four are four spacious bedrooms, two bathrooms and plenty of closet space.
Cellar A laundry room, additional storage space, boiler and building mechanicals occupy the cellar space.
On a block consisting mainly of townhouses, this prime Turtle Bay residential property is in close proximity to some of Manhattan’s finest shopping, restaurants, Midtown offices and public transit. Please note some photos have been virtually enhanced. The property will be delivered vacant.
Listed by Patrick Lehman
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Compass
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(201) 247-7762
Listed by Boris Sharapan Fabrikant
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Compass
Last updated October 23, 2025
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Source: REBNY #RLS20054878
Listing Facts
TypeSingle-family
NeighborhoodTurtle Bay
Bedrooms6
Bathrooms4
Days on Prevu7
Taxes$50,856/year
Size3,416 sqft
Price per sqft$1,025
Amenities
Private Outdoor Space
Washer/Dryer
Location
Mortgage Calculator
Listing History
10/16/2025
Listed by Compass
$3,500,000
Estimated Closing Costs
Total
$131,650
Attorney Fees
$4,000
NYC Mansion Tax
$52,500
Title Insurance
$15,750
Bank Attorney
$1,500
Mortgage Recording Tax
$53,900
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $3,500,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.