246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
SEE ALL PHOTOS
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
246 E 48th Street
For Sale

246 E 48th Street

246 East 48th Street Building, New York City, NY 10017

$5,495,000
246 East 48th Street is a truly unique property. This Turtle Bay gem is a four-unit, four-story walk-up building containing three one-bedroom units and one two-bedroom flexible unit. Situated just one building away from the corner of a very quiet block... This property affords any inhabitant the ability to be steps away from the local restaurants, cafes, grocery stores, and transportation while providing a sun-filled tranquil oasis.

It is currently only owner-occupied and used as a single family residence. All apartments are free market and vacant.

Bedrooms: All bedrooms accommodate a king-sized bed and get great light.

Great Rooms: All great rooms boast over 320 square feet of usable space.

Balconies: All apartments have over 390 square feet of private south-facing outdoor space.

Roof Deck: Usable as is or can take advantage of available additional FAR.

The new owner of this property will have true almost turn-key flexibility in usage of the building/townhome.

Building Dimensions: 19 x 45

Stories: 4

Current Square Footage: 4,473

Additional Allowable FAR: 7,500

Unused FAR: 3,000

Main Floor Apartment:

Examples

Convert to a single family townhome: Structure will easily accommodate the buildout of an elevator.

Live-in w/ rental income: Occupy the main floor with an expansive 700 square foot south-facing private garden for your enjoyment while renting the three other apartments. All of which boasts their own large south-facing balcony and bedrooms that accommodate a king-sized bed.

Pure rental cash-flow: Rent all 4 apartments

-Whole property to be delivered vacant.

6
beds

6
baths

4,473 Sq.Ft. LIVING AREA

1,864.13 Sq.Ft. lot

Jules Garcia

Jules Garcia

Features & Amenities

Interior

  • total bedrooms6
  • Total bathrooms6
  • Laundry room See Remarks

Area & Lot

  • Status For Sale
  • Living Area4,473 Sq.Ft.
  • Lot Area1,864.13 Sq.Ft.
  • MLS® IDOLRS-0082217
  • TypeTownhouse
  • YEAR BUILT1970
  • NeighborhoodTurtle Bay, NYC
  • Architecture StylesWalk-Up

Exterior

  • STORIES4
  • other exterior FeaturesBalcony, Building Roof Deck

Financial

  • Sales Price$5,495,000
  • Real Estate Tax $79,229/yr
  • Zoning R8B
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Schedule a Showing

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Thank you for your interest in 246 East 48th Street Building, New York City, NY 10017. We are reviewing your request and will be in touch shortly!

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Turtle Bay, NYC

Famed skyscrapers like the art deco Chrysler Building and the nearby Empire State Building define the skyline of busy Midtown East. Well-heeled shoppers head to 5th Avenue's big-name luxury stores, while tourists visit landmarks like Grand Central Terminal train station and the UN Headquarters building. The area is home to many businesses, including advertising firms on Madison Avenue, plus residential high-rises. ― Google

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