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Off market
  • $5,245,400

    245 E 48th St, New York, NY 10017

    --beds
    0baths
    3,840sqft
    Townhouse
    Built in 1899
    2,008 Square Feet Lot
    $5,245,400 Zestimate®
    $1,366/sqft
    $6,005 Estimated rent

    Home value

    $5,245,400

    $4.25M - $6.29M

    $6,005/mo

    Zestimate® history
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    What's special

    TURTLE BAY GARDENS The history of Turtle Bay dates to 1639 when the then Dutch governor gave two Englishmen a land grant of forty acres crossed by a creek that emptied into a bay of the East River. Some historians attribute the name to the turtle-filled creek, the source of many feasts, and the land became known as Turtle Bay Farm. Conceived by Charlotte Hunnewell Sorchan in 1918, the exclusive common garden enclave covering the gardens of 9 houses on East 48th and 11 houses on East 49th Street between Second and Third Avenues. Dubbed Turtle Bay Gardens, it was actually completed in 1920. Sorchan bought out 21 adjoining lots and from this grand landscape, engaged Edward C. Dean and William L. Bottomley to shave off the original facades of the buildings which were then replaced with lighter stucco facades in a variety of Flemish and Regency styles giving the rear facades a lovely aspect that embellished the impact of the gardens. The gardens themselves are now an oasis of mature trees and flowering shrubs that share a common path down the center, with a fountain copied from the Villa Medici and statues. It feels like a secret garden sanctuary dropped into the middle of Manhattan. A review from 1920 Architectural Record stated that each owner has, visually speaking, surrendered a part and received back a beautiful whole. The Gardens have attracted a variety of personalities from its first purchaser, Maria Chapin, founder of The Chapin School, to Time Magazine co-founder Henry Luce, June Havoc, Garson Kanin, and screen legend Katherine Hepburn. THE TOWNHOUSE From the wrought-iron gated forecourt to the 50-foot deep rear garden, this approximately 3,980 square foot four-story townhouse includes a sun-flooded dining room with French doors opening onto the historic Turtle Bay Gardens. Moving from the dining room to the kitchen, a wet bar with built-in cabinetry and wine rack is nestled into the corridor, and adjacent to a powder

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 3,840 sqft

    Property

    Lot
    • Size: 2,008 Square Feet
    Details
    • Parcel number: 013220119

    Construction

    Type & style
    • Home type: Townhouse
    Condition
    • Year built: 1899

    Community & HOA

    Location
    • Region: New York

    Financial & listing details

    • Price per square foot: $1,366/sqft
    • Tax assessed value: $5,356,000
    • Annual tax amount: $62,491

    Price history

    DateEventPrice
    6/10/2014Sold$5,750,000-3.4%$1,497/sqft
    Source: Public Record Report a problem
    12/3/2011Listing removed$5,950,000$1,549/sqft
    Source: BHSR BROWN HARRIS STEVENS REBNY Report a problem
    3/13/2011Price change$5,950,000+118999900%$1,549/sqft
    Source: BHSR BROWN HARRIS STEVENS REBNY Report a problem
    2/25/2011Price change$5-100%
    Source: BHSR BROWN HARRIS STEVENS REBNY Report a problem
    7/9/2010Price change$5,950,000-4.8%$1,549/sqft
    Source: BHSR BROWN HARRIS STEVENS REBNY Report a problem
    4/9/2009Listed for sale$6,250,000+634.9%$1,628/sqft
    Source: BHSR BROWN HARRIS STEVENS REBNY Report a problem
    3/21/2000Sold$850,500-52.8%$221/sqft
    Source: Public Record Report a problem
    1/14/2000Sold$1,800,000$469/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$62,491 -2.3%$321,360 +9.5%
    2024$63,972 +0.4%$293,520 -14.8%
    2023$63,730 $344,520 +16.4%
    2022-- $296,040 -6.9%
    2021-- $318,120 -12.2%
    2020-- $362,340 -6%
    2019$56,181 +1.9%$385,440 +46.3%
    2018$55,107 +8.8%$263,430 +6%
    2017$50,661 +8.8%$248,520 +6%
    2016$46,560 $234,454 +6%
    2015$46,560 +65.9%$221,184
    2014$28,057 $221,184 +0.8%
    2013-- $219,525 +6%
    2012-- $207,100 +6%
    2011-- $195,379 +6%
    2010-- $184,320
    2009-- $184,320 +0.8%
    2008-- $182,938 +6%
    2007-- $172,584 +6%
    2006-- $162,816 +6%
    2005-- $153,600
    2004-- $153,600 +0.8%
    2003-- $152,449 +6%
    2002-- $143,820 +6%
    2001-- $135,680 +6%
    2000-- $128,000
    Find assessor info on the county website

    Neighborhood: Turtle Bay

    Nearby schools

    GreatSchools rating