New York City  »  10017  »  E 48th St  »  244 E 48th St

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

Also known as: 244 E 48th St

Property image for 244 East 48th Street, New York, NY 10017
static Mapbox map

Property type

Foreign Government (Z4)

Year built

1899

Lot sq. ft.

1,874

Sale price

$8,400,000

General information

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Address
Primary address
244 East 48th Street
ZIP code
10017
Neighborhood
Turtle Bay
Borough
Manhattan
Block & lot
01321-0131

Owner

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Building
Property type
Foreign Government (Z4)
Building sq. ft.
6,444
Building dimensions
18.67 ft x 58 ft
Buildings on lot
1
Stories
5
Year built
1899
Last altered
2022
Building material
Masonry
Sales
Sale date
04/21/2021
Sale price
$8,400,000
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Commercial units
1
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.
1,874

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
80 /100.  Very Bikeable
School district
2
Community district
6
Closest police station
0.19 Miles
Closest fire station
0.38 Miles

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Ownership information for 244 East 48th Street, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 244 East 48th Street, New York, NY 10017

Sale date Sale price Buyer name Seller name
04/21/2021 $8,400,000 XXX XX XXX XXXXXXXX XX XXXXX XXX XXXX XXXX XXXXXX XXXXXXXXXXX XXX
01/27/2014 $4,235,000 XXX XXXX XXXX XXXXXX XXXXXXXXXXX XXX XXXXXXXX XXXX XXXXXXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/04/2021 - R
04/21/2021 - D
Deed
(2021042701210001)
XXX XXXX XXXX XXXXXX XXXXXXXXXXX XXX XXX XX XXX XXXXXXXX XX XXXXX
04/10/2014 - R
04/02/2014 - D
Zoning Lot Description
(2014040700274002)
XXX XXXX XXXX XXXXXX XXXXXXXXXXX XXX
04/10/2014 - R
04/02/2014 - D
Certificate
(2014040700274001)
XXXXXXX XXXXX XXXXXX
02/06/2014 - R
01/27/2014 - D
Deed
(2014020300427001)
XXXXXXXX XXXX XXXXXXXXXX XXX XXX XXXX XXXX XXXXXX XXXXXXXXXXX XXX
02/06/2014 - R
01/09/2014 - D
Satisfaction of Mortgage
(2014020300427002)
XXXXXXXX XXXX XXXXXXXXXX XXX XXXXXXXXX X XXXXXXXX (XXXXXXXXX)
08/17/1992 - R Satisfaction of Mortgage
(1600000408360)
XXXXXXXX XXXX XXXXXXXXX XXXXXXXX XXXX XX XX
11/19/1985 - R Mortgage
(1510000118451)
XXXXXXXX XXXX XXXXXXXXX XXXXXXXX XXXXXXX XXXX
11/19/1985 - R Agreement
(1520000118452)
XXXXXXXX XXXXXXX XXXX XXXXXXXX XXXX XXXXXXXXX
11/19/1985 - R Agreement
(1500000118450)
XXXXXXXX X XXXXX XXXXXXXX XXXXXX
08/27/1984 - R Mortgage
(1890000072289)
XXXXXXXX XXX XXXXXXXXXX XXXXXXXX XXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 244 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
Municipal exemptions
Recent tax assessments
Market value
$1,989,000
Assessed value
$895,050

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 $9,743,000 $4,384,350 $0 10.848% $163,681 $0 n/a
2024/25 $9,459,000 $567,540 $0 20.085% $78,570 $0 n/a
2023/24 $10,128,000 $607,680 $0 20.085% $76,726 $0 n/a
2022/23 $10,508,000 $630,480 $0 20.309% $75,560 $0 n/a
2021/22 $11,188,000 $671,280 $360,190 19.963% $71,905 $71,905 +0.55%
2020/21 $11,936,000 $716,160 $339,802 21.045% $71,511 $71,511 +3.64%
2019/20 $13,845,000 $830,700 $325,988 21.167% $69,002 $69,002 +17.77%
2018/19 $13,024,000 $781,440 $280,088 20.919% $58,592 $58,592 +5.75%
2017/18 $12,691,000 $761,460 $271,794 20.385% $55,405 $55,405 +4.05%
2016/17 $11,944,000 $716,640 $266,355 19.991% $53,247 $53,247 +39.74%

Permit information for 244 East 48th Street, New York, NY

Filing date Job type Job status Job description Initial cost
05/30/2025 Alteration CO
10/19/2023 Alteration
10/04/2023 Alteration
06/20/2023 Alteration
06/20/2023 Alteration

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

Violation ID Inspection date Class NOV issue date Status
04/29/2026 A
11/17/2025 I
06/04/2025 A

*Most recent HPD violations on record for this property.

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

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
6

Subway & traffic

Closest station
Lexington Ave & 51st St at SE Corner
Station lines
E-M-6
Distance (miles)
0.238

Access the detailed traffic volume map for 244 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 0.08
The Family School NR No Private PK, K-6 0 0.08
Aaron School K - 12 NR No Private K-12 185 0.12
Aaron School NR No Private K-12 169 0.15
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 0.15
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 0.91
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 0.15
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 0.76
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

Data provided by GreatSchools.org © 2026. All rights reserved.

Frequently asked questions

What is the year built for 244 East 48th Street, New York, NY 10017?

The development at 244 East 48th Street, New York, NY 10017 was built in 1899.

What is the total square footage of 244 East 48th Street, New York, NY 10017?

244 East 48th Street, New York, NY 10017 has a total of 6,444 square feet.

When was 244 East 48th Street, New York, NY 10017 last sold and what was the sale price?

244 East 48th Street, New York, NY 10017 was last sold on 04/21/2021 for $8,400,000.

What is the assessed value of 244 East 48th Street, New York, NY 10017?

244 East 48th Street, New York, NY 10017 is currently assessed at $895,050.

Disclaimer

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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.

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