$5,495,000 ($1,228.48 per sqft)

Est. Mortgage $26,711/mo *

Quick Pre-Approval

Listing courtesy of Elegran Real Estate and Development Phone: (212) 729-5712


246 E 48th Street, New York, (Turtle Bay), NY, 10017

246 E 48th Street, New York, (Turtle Bay), NY, 10017

11 rooms

6 beds

6 Full baths

1970

Walk-Up

4,473 sqft

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.


Status:

Active

Town:

New York

Type:

Townhouse

Laundry Remarks:

See Remarks

Units:

0

Levels:

4

Lot Size:

18.58 x 100.33

Est. Taxes:

$79,229

Pet Policy:

Building Yes, Yes

MLS #:

OLRS-0082217


Community Info

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