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Presented by![]() Carrie Lademan |
241 East 48th Street – Endless Elegance, Historic Roots, Modern Luxury Located in prestigious Turtle Bay Gardens, a historic and exclusive enclave with a shared, manicured garden where properties rarely become available Once home to notable residents: Katherine Hepburn, Bob Dylan, Stephen Sondheim, E. B. White Approximately 5, 500 SF | 20’ wide Georgian townhouse | 5 floors + finished cellar Multi-year, Landmarks-approved, level-five gut renovation—ensuring the highest standards in preservation and quality—with custom finishes from Portugal 4 Bedrooms | 5. 5 Bathrooms | Elevator access to all floors Smart home and security system for enhanced convenience and peace of mind | Steel-reinforced structure ensures long-term durability and silent floors | Humidity-controlled, zoned HVAC provides personalized comfort and energy efficiency throughout the home| Steel-reinforced structure | Humidity-controlled, zoned HVAC Ground Floor: Chef’s kitchen with waterfall island, sunlit grand room with 20’ ceilings and skylight, dining area, gas fireplace, powder room Parlor Floor: Formal living room, Juliet balcony, gas fireplace, built-in library Third Floor: Two en-suite bedrooms with expansive closets, garden, and street views Fourth Floor: Full-floor primary suite with spa bath, soaking tub, shower, double vanity, walk-in closet Fifth Floor: Open loft-style suite, full bath, kitchenette, terrace overlooking private garden Cellar: Entertainment room/gym, full bath, mechanicals, laundry, ample storage Lush private garden + access to Turtle Bay’s willow-lined communal esplanade Prime Midtown East location, near cultural institutions, fine dining, UN, and East River Offered well below replacement value—estimated to save the new owner over $2 million in renovation costs—this is a true turnkey masterpiece
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$11,500,000
Senior Regional Vice President, Southwest Florida
William Raveis Real Estate
Phone: 239.450.9099
Carrie.Lademan@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $9,200,000 | $9,200,000 | $9,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.125% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.517% | 6.235% | 6.058% |
Monthly Tax Payment | $6,200 | $6,200 | $6,200 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $50,803 | $55,900 | $77,015 |
Total Monthly Payment | $57,128 | $62,225 | $83,340 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.