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318 East 48th Street, New York, NY 10017 Property Information

318 East 48th Street, New York, NY 10017 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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318 East 48th Street, New York, NY 10017 2
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Address

Primary address 318 East 48th Street
Secondary address 318-322 E 48th St
Neighborhood Turtle Bay
Zip code 10017
Borough Manhattan
Block & lot 01340-0043

Sales & Tax Overview for 318 East 48th Street, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 10/01/2009
Purchase price $29,500,000
Tax class

Lot & Building Information for 318 East 48th Street, New York

Lot sqft 7,538
Lot dimensions 75 ft x 100.42 ft
Building class Foreign Government (Z4)
Building sqft 42,000
Building dimensions 75 ft x 99.9 ft
Buildings on lot 1
Stories 6
Structure type Low-rise off
Building material Reinforced concrete
Year built 2013
Frontage(s) East 48 Street (narrow)
Nearest wide street 2 Avenue
Distance to wide street
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Zoning & Use for 318 East 48th Street, New York

Zoning
Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 6
Closest police station 0.25 Miles
Closest fire station 0.39 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 318 East 48th Street, New York

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Floor area ratio (FAR) for 318 East 48th Street, New York, NY 10017, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 318 East 48th Street, New York, NY 10017, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 318-322 E 48th St, New York, NY 10017

About 318 East 48th Street, New York

What is the year built & the total sq. ft. for 318 East 48th Street, New York, NY 10017?

318 East 48th Street, New York, NY 10017 was built in 2013 and has a total of 42,000 square feet.

What is the assessed value of 318 East 48th Street, New York, NY 10017?

The assessed market value for the current tax year is $8,009,100.

When was 318 East 48th Street, New York, NY 10017 last sold and what was the last sale price?

318 East 48th Street, New York, NY 10017 was last sold in 10/01/2009 for $29,500,000.

Ownership Information for 318 East 48th Street, New York

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Property owner name for 318 East 48th Street, New York, NY 10017
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Building contacts for 318 East 48th Street, New York, NY 10017
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Mar 19, 2026 Cheaper in the City? Nearly 100 Communities in Suburban NYC Surpass $1M
New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 318 East 48th Street, New York

Create a free account to view the complete sales history for 318 East 48th Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
10/01/2009 $29,500,000

Title Documents for 318 East 48th Street, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
12/10/2025 - D
02/13/2026 - R
Agreement
(2026012800273001)
06/26/2013 - D
08/19/2013 - R
Agreement
(2013070300218001)
10/14/2009 - D
11/13/2009 - R
Satisfaction of Mortgage
(2009103000443001)
10/01/2009 - D
10/16/2009 - R
Deed
(2009101100075001)
03/18/2008 - D
05/15/2008 - R
Agreement
(2008050900712001)
10/15/2002 - R Satisfaction of Mortgage
(1790008838679)
10/15/2002 - R Sundry Agreement
(1260008837726)
10/15/2002 - R Satisfaction of Mortgage
(1510008838751)
10/15/2002 - R Satisfaction of Mortgage
(1620008838762)
05/29/2001 - R Assignment, Mortgage
(1770007671377)
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R: Recorded date
D: Document date

Property Taxes for 318 East 48th Street, New York

Access detailed property tax data for 318 East 48th Street, New York, NY 10017. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $0
Tax assessor's market value: $17,798,000
Assessed value: $8,009,100
Exemptions granted by city:

Assessment History for 318 East 48th Street, New York

Here's the assessment & property tax history for 318 East 48th Street, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $17,798,000 $8,009,100 $0 10.848% $819,689 $0 n/a
2024/25 $17,280,000 $7,776,000 $0 10.762% $829,502 $0 n/a
2023/24 $16,777,000 $7,549,650 $0 10.592% $799,659 $0 n/a
2022/23 $16,288,000 $7,329,600 $0 10.646% $780,309 $0 n/a
2021/22 $15,814,000 $7,116,300 $0 10.755% $765,358 $0 n/a

Permits for 318 East 48th Street, New York

The complete history of permits filed for 318 East 48th Street, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
10/13/2016 Alteration type 2
04/27/2016 Alteration type 2
05/27/2015 Alteration type 3
06/05/2014 Alteration type 2
12/09/2013 Alteration type 2
11/18/2013 Alteration type 2
11/06/2013 Alteration type 3
04/05/2013 Alteration type 3
03/26/2013 Alteration type 3
01/14/2013 Alteration type 2
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Turtle Bay Residential Market Stats

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

Median Sale Price
$898,750
-7.8% YoY
Median Price/Sqft
$1,198
-10.5% YoY
Manhattan Median Sale Price
$1,200,000
9.3% YoY

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

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 5 (See more on map)

Transportation

Distance to Subway
Closest station 3rd Ave & 53rd St at SE Corner
Station lines E-M-6
Distance (miles) 0.309
View subway map
Bus Routes
Name E 49 ST/1 Av
Line M50
Distance (miles) 0.091

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
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 0.05
The Family School NR No Private PK, K-6 0 0.05
Aaron School K - 12 NR No Private K-12 185 0.10

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Jhs 104 Simon Baruch 8 Yes Public 6-8 891 1.35
Aaron School K - 12 NR No Private K-12 185 0.10
Aaron School NR No Private K-12 169 0.12
St Albans School NR No Private PK-8 118 0.13
Saint Albans NR No Private PK, K-8 0 0.13

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Aaron School K - 12 NR No Private K-12 185 0.10
Aaron School NR No Private K-12 169 0.12
The Beekman School NR No Private 9-12 71 0.18
Lyceum Kennedy French American School NR No Private PK, K-12 0 0.24
Lyceum Kennedy Japanese School NR No Private PK-12 197 0.24

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 318 East 48th Street, New York

Here are the neighbors for 318 East 48th Street, New York, NY 10017.

Address Square feet Purchase date Purchase price
328 E 48th St, New York 10,256 04/20/1983
310 E 48th St, New York 61,700 08/26/1996
301 E 48th St, New York 251,925 09/11/1981
330 E 48th St, New York 10,256 04/20/1983
303 E 46th St, New York 7,800 12/26/2012 $4,100,000
875 1st Ave, New York 15,000 09/25/1981
346 E 49th St, New York 9,811
324 E 48th St, New York 8,350 12/31/1997
333 E 47th St, New York 41,412 07/05/1968
344 E 49th St, New York 17,900 09/23/1976
326 E 48th St, New York 25,832 03/25/1994
866 2nd Ave, New York 90,605
320 E 49th St, New York 23,785 12/19/2015
316 E 49th St, New York 15,416 06/30/2004
845 United Nations Plz, New York 865,222
325 E 48th St, New York 6,640 07/09/1998
342 E 49th St, New York 26,590 07/09/1998
315 E 47th St, New York 30,317 08/13/1970
305 E 47th St, New York 139,405
301 E 47th St, New York 290,001 08/17/2006 $124,250,000
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