New York City » 10017 » E 48th St » 246 E 48th St

246 East 48th Street, New York, NY 10017 - Property report

Also known as: 246 E 48th St

Property image for 246 East 48th Street, New York, NY 10017

Property type

Three Families (C0)

Year built

1970

Lot sq. ft.

1,875

Sale price

$2,100,000

General information

Address

Primary address

246 East 48th Street

ZIP code

10017

Neighborhood

Turtle Bay

Borough

Manhattan

Block & lot

01321-0031

Building

Property type

Three Families (C0)

Building sq. ft.

4,473

Building dimensions

19 ft x 45 ft

Buildings on lot

Stories

Year built

1970

Building material

Stone

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

10/16/2003

Sale price

$2,100,000

Tax

Tax year

2026-2027

Property tax

$72,706

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

East 48 Street (narrow)

Nearest wide street

2 Avenue

Distance to wide street

Lot dimensions

18.67 ft x 100.42 ft

Lot sq. ft.

1,875

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

80 /100. Very Bikeable

School district

Community district

Closest police station

0.19 Miles

Closest fire station

0.38 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 246 East 48th Street, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 246 East 48th Street, New York, NY 10017

Sale date	Sale price	Buyer name	Seller name
10/16/2003	$2,100,000	XXXXX, XXXXX X XXX XXXXX, XXXX XXX XXXXX, XXXXXXX	XXXXXXX XXXXXXXXX, XXX.

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
06/14/2005 - R 05/31/2005 - D	Satisfaction of Mortgage (2005060700775001)	XXXXX XXXXXXX	XX XXXXXX XXXXX XXXX
06/14/2005 - R 11/25/2003 - D	Assignment, Mortgage (2005060700914001)	XXXXXXXX XXXXX XXXX	XXXXX XXXXXXXXX XXXXXXXX XXXXXXXXXXX
12/23/2003 - R 10/16/2003 - D	Mortgage (2003101700094003)	XXXXX XXXXX X	XXXXXXXX XXXXX XXXX
12/23/2003 - R 10/16/2003 - D	Deed (2003101700094001)	XXXXXXX XXXXXXXXX XXX	XXXXX XXXXX X
12/23/2003 - R 08/25/2003 - D	Power of Attorney (2003101700094002)	XXXXX XXXXXXX	XXXXX XXXXX X
05/16/1995 - R	Satisfaction of Mortgage (1550004709355)	XXXXXXX XXX
06/07/1995 - R 05/05/1995 - D	Deed (1380004733538)	XXXXXXX XXX	XXXXXXX XXXXXXXX XXX
04/17/1989 - R	Assignment, Mortgage (1100000298710)	XXXXXX XXXXXXXX XXXXXX	XXXXXX XXXX
06/29/1978 - R	Mortgage (1230008592123)	XXXXXXX XXX
04/17/1975 - R	Deed (1270008547927)		XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 246 East 48th Street, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$72,706

Municipal exemptions

Recent tax assessments

Market value

$8,507,000

Assessed value

$510,420

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$6,636,000	$398,160	$345,666	19.843%	$68,591	$68,591	+4.72%
2024/25	$5,435,000	$326,100	$326,100	20.085%	$65,497	$65,497	-16.41%
2023/24	$6,502,000	$390,120	$390,120	20.085%	$78,356	$78,356	-0.33%
2022/23	$6,896,000	$413,760	$387,102	20.309%	$78,617	$78,617	+7.84%
2021/22	$6,444,000	$386,640	$365,191	19.963%	$72,903	$72,903	+0.55%
2020/21	$7,339,000	$440,340	$344,520	21.045%	$72,504	$72,504	-0.58%
2019/20	$6,300,000	$378,000	$344,520	21.167%	$72,925	$72,925	+2.39%
2018/19	$6,272,000	$376,320	$340,480	20.919%	$71,530	$71,225	+8.81%
2017/18	$7,330,000	$439,800	$321,115	20.385%	$65,759	$65,459	+8.15%
2016/17	$6,460,000	$387,600	$302,776	19.991%	$60,838	$60,528	+8.41%

Permits

Permit information for 246 East 48th Street, New York, NY

No recently recorded permits for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	03/15/2023	A
	02/15/2022	A
	04/01/2021	A

*Most recent HPD violations on record for this property.

Neighborhood

Turtle Bay, East Midtown residential market stats

Access a detailed real estate market overview of Turtle Bay, East Midtown so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Turtle Bay, East Midtown and compare it to other neighborhoods in Manhattan.

Median sale price

—

Median price/sq. ft.

—

Manhattan median sale price

$1,260,000

5.4% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Lexington Ave & 51st St at SE Corner

Station lines

E-M-6

Distance (miles)

0.24

View subway map

Access the detailed traffic volume map for 246 East 48th Street, New York, NY 10017 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 59 Beekman Hill International	8	Yes	Public	PK, K-5	523	0.44
P.S. 59 Beekman Hill International	8	Yes	Public	PK, K-5	523	0.44
The Family School	NR	No	Private	PK, K-6	0	0.07
The Family School	NR	No	Private	PK, K-6	0	0.07
Aaron School K - 12	NR	No	Private	K-12	185	0.12
Aaron School	NR	No	Private	K-12	169	0.14
St Albans School	NR	No	Private	PK-8	118	0.16

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Jhs 104 Simon Baruch	8	Yes	Public	6-8	891	1.35
Aaron School K - 12	NR	No	Private	K-12	185	0.12
Aaron School	NR	No	Private	K-12	169	0.14
St Albans School	NR	No	Private	PK-8	118	0.16
Saint Albans	NR	No	Private	PK, K-8	0	0.16
Lyceum Kennedy French American School	NR	No	Private	PK, K-12	0	0.22
P.S. 78	8	No	Public	PK, K-8	725	0.90
Hunters Point Community Middle	6	No	Public	6-8	365	0.95

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
The Beekman School	NR	No	Private	9-12	71	0.11
Aaron School K - 12	NR	No	Private	K-12	185	0.12
Aaron School	NR	No	Private	K-12	169	0.14
Lyceum Kennedy French American School	NR	No	Private	PK, K-12	0	0.22
Lyceum Kennedy Japanese School	NR	No	Private	PK-12	197	0.22
Art and Design High School	8	No	Public	9-12	1,469	0.44
Jacqueline Kennedy-Onassis High School	3	No	Public	9-12	249	0.75
Repertory Company High School for Theatre Arts	6	No	Public	9-12	229	0.77
Manhattan Academy For Arts And Languages	4	No	Public	9-12	178	0.77
Murray Hill Academy	5	No	Public	9-12	232	0.77

Nearby ZIP codes for 246 East 48th Street, New York, NY

10016, New York City, NY 10020, New York City, NY 10022, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10152, New York City, NY 10154, New York City, NY 10165, New York City, NY 10167, New York City, NY 10169, New York City, NY 10170, New York City, NY 10171, New York City, NY 10172, New York City, NY 10173, New York City, NY 10174, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for 246 East 48th Street, New York, NY 10017?

The development at 246 East 48th Street, New York, NY 10017 was built in 1970.

What is the total square footage of 246 East 48th Street, New York, NY 10017?

246 East 48th Street, New York, NY 10017 has a total of 4,473 square feet.

When was 246 East 48th Street, New York, NY 10017 last sold and what was the sale price?

246 East 48th Street, New York, NY 10017 was last sold on 10/16/2003 for $2,100,000.

What is the assessed value of 246 East 48th Street, New York, NY 10017?

246 East 48th Street, New York, NY 10017 is currently assessed at $510,420.

What are the property taxes for 246 East 48th Street, New York, NY 10017?

The property taxes for 246 East 48th Street, New York, NY 10017 total $72,705.

How many residential units does this building have?

This building has 3 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.