246 E 48th Street #Building Active

Manhattan,NY 10017

$ 5495000

6 Beds

6 Baths

4473 SqFt


Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 4,473 sqft

Price per Sqft $1,228

Subdivision Turtle Bay

MLS Listing ID OLRS-0082217

Style Walk-Up

Bedrooms 6

Full Baths 6

HOA Y/N No

Year Built 1970

Annual Tax Amount $79,229

Property Description

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.

Location

State NY

County Newyork

Zoning R8B

Building Detail https://search.reneeleenyc.com/nyc/buildings/246-e-48th-st

Rooms

Ensuite Laundry See Remarks

Interior

Laundry Location See Remarks

Equipment Intercom

Fireplace No

Laundry See Remarks

Exterior

Exterior Feature Balcony,Building Roof Deck

Porch Patio,Terrace,Balcony

Private Pool No

Building

Dwelling Type Multi Family,Townhouse

Story 4

New Construction No

Others

Pets Allowed Pets Allowed

Ownership None

Monthly Total Fees $6,602

Pets Description Building Yes,Yes

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