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246 East 48th Street
Apartment #Building
$5,495,000 Price
6 Bedrooms   6.0 Baths
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Photo 1 of 246 East 48th Street Building, Midtown East, NYC, $5,495,000, Web #: 543070877Previous PhotoNext Photo1 of 15

246 East 48th Street, Midtown East, NYC

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...

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.

Courtesy of Elegran LLC

Floorplan for 246 East 48th Street, BUILDING

Floorplan for 246 East 48th Street, BUILDING

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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

Midtown East, NYC
Type: Townhouse
Price: $5,495,000
Re Tax: $79,229
Web ID: 543070877

Info & Amenities

Type: Townhouse
Rooms: 11.0
Bedrooms: 6
Bathrooms: 6.0
Built: 1970
Pets allowed: Yes

Map of Area for 246 East 48th Street Building

Get to Know Midtown East

Midtown East is a vibrant neighborhood located in the heart of Manhattan, New York City. It stretches from East 42nd Street to East 59th Street and is bordered by the East River to the east and Fifth Avenue to the west. This area is known for its bustling commercial district, iconic landmarks, and convenient accessibility to various attractions and amenities.

More About Midtown East

Neighborhood Guide to Midtown East

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved.

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