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$2,200,000
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Property Description
Open Houses are by appointment only, please contact the exclusive listing agent to schedule. 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, each residence offers direct elevator access, private outdoor space, and meticulous craftsmanship throughout. This two-bedroom, two-bath home features a windowed nook in the living space, offering a versatile area that can be enclosed for a home office or nursery. The spacious L-shaped layout is perfect for dining and entertaining, seamlessly integrating form and function. Terra 48's storied past is enriched by its former residents, including renowned industrial designers Russel and Mary Wright, whose innovative work helped shape modern American living. Inspired by their legacy, these homes feature 7.5" wide white oak flooring, recessed LED lighting, and a Mitsubishi split HVAC system for year-round comfort. The chef's kitchen is a masterpiece of both style and utility, equipped with custom cabinetry, Calacatta Valentin quartz countertops, a Bosch professional range, Fisher & Paykel paneled refrigerator, Bosch dishwasher, Summit wine fridge, and a vented Faber hood. Under-cabinet lighting and a Kohler fixture suite complete the space. Primary bathrooms offer a spa-like retreat, featuring five-fixture layouts, floor-to-ceiling Ariston marble tiles, double vanities, and custom medicine cabinets. Kohler faucets, shower fittings, and soaking tubs add to the luxurious feel. Secondary bathrooms maintain the same level of elegance with premium finishes and fixtures. 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.
Full Property Details
Full Property Details for 221 E 48th St #PH
General
- Price: $2,200,000
- HOA FEE: $711/month
- Taxes: $21,432
- Status: Active
- Type: Apartment
- Source: REBNY
- MLS ID: RLS20047065
- Updated: 1/6/2026
- Added to Site: 130 day(s) ago
Rental Information
- Date Available: 9/8/2025
Interior
- Number of Rooms: 5
- Appliances: Dryer, Dishwasher, Washer
- Furnishings: Unfurnished
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Unit
Exterior
- Exterior Features: Balcony, Garden, Private Outdoor Space Under 60 Sqft
- Porch/Patio/Deck: Terrace, Balcony, Rooftop
Location
- County: New York
- Subdivision: Midtown East
Community
- Pets Allowed: Yes
Structural Information
- Structure Type: None
- Stories/Levels: 0
- Square Feet: 1,213
- Living Area: 1,213 Sq. Ft.
- Year Built: 1910
Lot Features
- Lot Size: 1213
- Lot Dimensions: NULL
Financial Considerations
- Association Fee: $711
- Assoc Fee Freq.: Monthly
- Tax Amount: $21,432
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 1322-0011
- Block: 1406
- Lot Number: 1406
Listing Courtesy of Elegran LLC
Get Pre-Approved Today
Schools
Schools serving 221 E 48th St #PH
School District:New York City Geographic School District 02
| Name | Grades | Distance |
|---|---|---|
Ps 59 Beekman Hill International 231-249 E 56th St, New York, NY 10019 | K-4 | 0.4 mi |
Jhs 104 Simon Baruch 330 East 21st Street, New York, NY 10010 | 7-8 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 221 E 48th St #PH
Date
Details
Price
Change
Source
12/08/2025
Sold
$1,800,000
-18.18%
Public Record
9/09/2025
Listed
$2,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 221 E 48th St #PH
Year
Property Taxes
Change
Tax Assessment
Change
2025
$108,540
-13%
$868,320
-13%
2024
$124,913
5%
$999,148
5%
2023
$118,950
10%
$951,451
-38%
2022
$108,070
8%
$1,543,500
25%
2021
$100,065
4%
$1,234,800
-5%
2020
$96,185
-1%
$1,293,300
8%
2019
$96,933
5%
$1,198,800
64%
2018
$92,305
7%
$731,885
8%
2017
$86,194
7%
$677,680
8%
2016
$80,895
6%
$627,484
6%
2016
$76,421
1%
$593,190
—
2015
$76,000
9%
$591,212
5%
2013
$70,025
—
$562,989
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 221 E 48th St #PH
221 E 48th Street #PH, New York City, NY 10017 (MLS# RLS20047065) is a Apartment property with 2 bedrooms and 2 full bathrooms. 221 E 48th Street #PH is currently listed for $2,200,000 and was received on September 09, 2025. Want to learn more about 221 E 48th Street #PH? Do you have questions about finding other Apartment real estate for sale in New York City? You can browse all New York City real estate or contact a Coldwell Banker agent to request more information.

