A new-ground up hospitality development on a through-block site with 50 feet of frontage on East 48th street and 25 feet of frontage on East 47th street. The development gross floor area is approximately 125,000 SF with approximately 115,000 SF above grade. There is a 31-Story Tower on the 48th Street side with a total height of approximately 367′-0″ totaling 161-Guestrooms, a ground floor retail space on the 47th Street side, one full-site cellar level. The commercial space will be a single story above grade with a partial rooftop mechanical space shared with a terrace serving the 48th Street tower.

12 East 48th Street

NEW YORK, NY

VALUE
$52,464,107

SIZE
31 Story – 161 Keys – 125,000 SF

ARCHITECT
Handel Architects LLP

STRUCTURAL ENGINEER
Desimone Consulting Engineers

MEPS ENGINEER
Cosentini Associates

ENVELOPE CONSULTANT
IBA Consulting & Engineering, PLLC

ELEVATOR CONSULTANT
Jenkins and Huntington

 OWNER/DEVELOPER
1248 Property LLC