248 East 33rd Street
Apartment #Townhouse
$3,495,000 Price
5 Bedrooms   5.5 Baths

248 East 33rd Street, Kips Bay, NYC

PRICED TO SELL – ALL-CASH OFFERS ENCOURAGED 248 East 33rd Street will be delivered vacant and sold AS-IS. This 17-foot-wide multi-family townhouse on a tree-lined block the borders Kips Bay & Murray Hill features an owner’s triplex with two private outdoor spaces and two...

PRICED TO SELL – ALL-CASH OFFERS ENCOURAGED 248 East 33rd Street will be delivered vacant and sold AS-IS. This 17-foot-wide multi-family townhouse on a tree-lined block the borders Kips Bay & Murray Hill features an owner’s triplex with two private outdoor spaces and two fully renovated one-bedroom units, each with outdoor access. The triplex includes 3 bedrooms, 3.5 baths, a windowed kitchen and dining area opening to a large terra cotta-tiled deck, a living room with exposed brick and fireplace, two upper-level bedrooms with en suite baths and laundry, and a top-floor primary suite with fireplace, marble bath, private terrace, and access to a full roof deck with sweeping city views, including the Empire State Building. One rental unit offers a south-facing terrace; while the other includes a 500 sq ft private garden. Ideal for live-with-income, investment, or conversion to single-family. Mixed-use zoning allows for ground floor commercial use. The property has open Dept. of Building applications, which will remain open upon a sale, likely limiting traditional bank financing—cash preferred. Located outside the historic district with approx. 9,272 total buildable square feet (~5,500+ remaining), C1-8A zoning allows for future expansion or redevelopment subject to City approval. Close to Grand Central, major medical institutions such as NYU Hospital, FDR Drive, and top Midtown dining and retail, this property offers exceptional value, flexibility, and upside.

Courtesy of Leslie J Garfield & Co Inc

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Kips Bay, NYC
Type:
Price: $3,495,000
Date Listed: 6/13/2025
Web ID: 1117360062

Info & Amenities

Rooms: 10.0
Bedrooms: 5
Full Bathrooms: 5
Half Bathrooms: 1
Built: 1910
Pets allowed: Yes

Map of Area for 248 East 33rd Street Townhouse