Skip Navigation
StreetEasy Logo
Printed from StreetEasy.com at 03:41 AM, Jul 31 2024
246 East 48 Street, New York, NY, 10017 photo #21 of 21: image of map
1 of 21

246 East 48th Street #TH

↓ $5,495,000 for sale
  • 4,473 ft²
  • $1,228 per ft²
  • 11 rooms
  • 6 beds
  • 6 baths
Want to stay updated?
Save this apartment for email and push notifications on price updates and more
SAVE
SHARE
This sale has been saved by 157 users.
Report Listing
Days On Market
533 Days
Last Price Change
↓ $800,000 (12.7%) about 1 year ago
Estimated Payment
Payment calculator$0
Monthly Taxes
$5,458
Monthly Maintenance
N/A
Tax Abatement
No Data Available

About the Listing

Seller's Agent
Jules Garcia Licensed Real Estate Salesperson

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...

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.

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 × 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.

Amenities

Highlights

  • Dishwasher
  • Pets Allowed
  • Private Outdoor Space

Building Amenities

  • Laundry in Building
  • Smoke-free

Listing Amenities

  • Central Air
  • City View
  • Garden View
  • Hardwood Floors
  • Roof Rights

Outdoor Space

  • Balcony
  • Courtyard
  • Garden
  • Private Roof Deck
  • Roof Deck
  • Roof Rights
Report Listing

About the Building

246 East 48th Street  New York, NY 10017
Three-Family Home in Turtle Bay
  • 3 Units
  • 4 Stories
  • 1970 Built
Sales listings: 1 active and 1 previous
Rentals listings: 2 previous
more about the building

Property History

DatePriceEvent

2/9/2023

$5,495,000

Price decreased 13%

12/15/2022

$6,295,000

Listed by Elegran | Forbes Global Properties

12/1/2022

$6,295,000

Delisted by Elegran | Forbes Global Properties

6/10/2022

$6,295,000

Listed by Elegran | Forbes Global Properties


Want to analyze this property with our Comps Report Generator?

Similar Sales

Nearby

Transportation

  • E M 6 at 51st St

    0.24 miles

  • E M 6 at Lexington Av-53 St

    0.27 miles

  • S 4 5 6 7 at Grand Central

    0.3 miles

  • S 4 5 6 7 at 42 Street - Grand Central

    0.32 miles

  • E M at 5th Av

    0.46 miles

View subway lines on Google Maps

Schools

District 2 - Schools zoned for this address:
P.S. 059 Beekman Hill International

(PK,0K,01,02,03,04,05,SE)
Disclaimer: School attendance zone boundaries are not guaranteed to be accurate – they are provided by a third party and subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

Colleges

  • Laboratory Institute of Merchandising

    0.15 miles

  • Sotheby's Institute of Art

    0.26 miles

  • Berkeley College

    0.49 miles

  • SUNY College of Optometry

    0.63 miles

  • Christie's Education

    0.66 miles

Parks

  • Dag Hammarskjold Plaza

    0.12 miles

  • Ralph Bunche Park

    0.3 miles

  • Peter Detmold Park

    0.32 miles

  • Trygve Lie Plaza

    0.36 miles

  • Five Parks (FDR Drive)

    0.43 miles

Museums

  • Municipal Art Society

    0.4 miles

  • New York Tolerance Center

    0.48 miles

  • Mexican Cultural Institute of New York

    0.55 miles

  • Sony Wonder Technology Lab

    0.57 miles

  • Dahesh Museum

    0.6 miles

A map showing the location and surroundings of 246 EAST 48 STREET
View on Google
Report a problem

Turtlebay sales

Nearby Turtlebay

More listings