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221 East 48th Street GardenNew York, NY 10017

For Sale

$1,950,000

Smart Buyer Rebate $24,375

Open Houses are by appointment only.

Welcome to Terra 48, a boutique collection of six full-floor luxury residences in a stunningly reimagined 1910 brownstone. Thoughtfully designed to blend historic charm with modern sophistication, the garden unit is the final unit to be released.

The private backyard is a spacious private oasis with hand-laid pavers and raised garden bed. A two bed, two and a half bath home, it offers a generous layout, with a bonus room on the lower level. This additional space - outfitted with a half bath and A/C, is accessed off of the backyard, perfect for a home gym, office, or storage.

Upstairs, the chef’s kitchen is a masterpiece of both style and utility, equipped with custom cabinetry, Calacatta Valentin quartz countertops, a Bosch induction range, Fisher & Paykel refrigerator, Bosch dishwasher, and a vented Faber hood. Under-cabinet lighting and a suite of Kohler fixtures complete the space.

The primary bathroom is a quiet, private space with an ensuite five-fixture bath featuring Kohler outfittings, a soaking tub, double vanities, custom cabinetry, and floor-to-ceiling Ariston marble tiles.

The secondary full bath maintains the same level of elegance with premium finishes and fixtures.

Terra 48’s storied past is enriched by its former residents, renowned industrial designers Russel and Mary Wright, whose innovative work helped shape modern American living. Inspired by their legacy, these homes highlight the living and dining spaces, and feature 7.5” wide white oak flooring, recessed LED lighting, and a Mitsubishi split HVAC system for year-round comfort.

Terra 48 is a rare opportunity to own a piece of history while embracing the best of contemporary living.

The complete offering terms are in an offering plan available from Sponsor. File No. CD24-0029. Sponsor: CMCSSG 221E48, LLC., 207 Bowery, 2nd Floor, New York, NY 10002. Equal Housing Opportunity.

Disclaimer: Some images feature virtual renderings, and certain photos may depict similar units within the building. For detailed information and to schedule a tour, please contact our Exclusive Agents.

Listed by Alexis Carpinello

·

Sothebys International Realty

·

(518) 810-3894

Listed by Ran Zheng

·

Sothebys International Realty

Last updated April 04, 2026

·

Source: REBNY #RLS20080510

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeCondo
  • NeighborhoodTurtle Bay
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu6
  • HOA/Maint. Fees$670/month
  • Taxes$20,196/year
  • Size1,036 sqft
  • Price per sqft$1,882

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed

Location

Mortgage Calculator

Listing History

03/31/2026
Listed by Sothebys International Realty
$1,950,000

Estimated Closing Costs

Total
$111,145
Attorney Fees
$4,000
NYC Mansion Tax
$19,500
Title Insurance
$8,775
Bank Attorney
$1,500
Mortgage Recording Tax
$33,783
Other Closing Costs
$4,000
NY State Transfer Tax
$7,800
NYC Transfer Tax
$27,787
Seller's Attorney Fee
$4,000

Estimated closing costs are based on the list price of $1,950,000 and a 10% 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.

Property Details for 221 East 48th Street Garden

Association

Amenities

  • Pets Allowed: Building Yes, Yes
  • Concierge: Video Doorman Yes

Fees

  • Association Fee: $670.00 Monthly

Financial

  • Flip Tax Remarks: Call Listing Agent
  • Sponsor Unit: Yes

Exterior

Construction

  • New Construction: Yes
  • Number Of Units Total: 6
  • Stories Total: 6
  • Year Built: 1910
  • Building Name: Terra 48
  • Entry Level: 1

Features

  • Building Features: Elevator(s)
  • Patio And Porch Features: Building Terrace, Terrace
  • View: City

Measurements

  • Building Area Total: 3,712
  • Building Area Units: SquareFeet
  • Lot Features: Garden
  • Lot Size Area: 2,008
  • Lot Size Dimensions: 20
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 1322-0011
  • Tax Annual Amount: $20,196.00

Interior

Features

  • Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Washer
  • Flooring: Hardwood

Measurements

  • Living Area: 1,036
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Rooms Total: 5

Other

Location

  • City Region: Manhattan
  • Subdivision Name: Turtle Bay
  • Tax Block: 01322
  • Tax Lot: 0011

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Laundry Features: In Unit

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 2 bedrooms and 2 bathrooms in this condo at 221 East 48th Street Garden.

Are pets allowed at 221 East 48th Street?

Yes, 221 East 48th Street allows pets.

What are the annual taxes for 221 East 48th Street Garden?

Annual taxes for this condo are estimated at $20,196.

How does 221 East 48th Street Garden compare to other condos in Turtle Bay?

This condo is listed 11% below the average price for condos in Turtle Bay and has been on the market for 145 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the Terra 48 building.

What is the square footage on this condo?

According to the MLS, this listing is 1,036 sqft.

221 East 48th Street Garden is a 2-bedroom, 2-bath condo for sale in New York NY 10017. Available on Prevu for 6 days at $1,950,000. This property features 1,036 square feet of living space, located in Turtle Bay. The median listing price for condos in this area is $1,400,000. The home offers private outdoor space, dishwasher, pets allowed, and washer/dryer. Browse more condo listings in Manhattan.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

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.