active
Listing IDOLRS-0082217
Listing Price$6,295,000
StatusActive
Bedrooms6
Total Baths6
Full Baths6
SqFt
4,473
CountyNew York
SubdivisionTurtle Bay
Year Built1970
Property TypeResidential
Property Sub TypeTownhouse
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.
County
New York
Property Sub Type
Townhouse
Property Type
Residential
Subdivision
Turtle Bay
Zoning
R8B
Rooms Total
11
Stories Total
4
Exterior Features
Balcony, Building Roof Deck
Garage
no
Lot Size Dimensions
18.58 x 100.33
Patio And Porch Features
Building Patio, Building Terrace, Patio, Terrace, Balcony
Address
246 East 48th Street
Cross Street
Third Avenue/Second Avenue
Subdivision
Manhattan
Days On Market Replication Date
2022-08-15T00:00:00+00:00
Days On Market Replication Increasing
yes
Human Modified
no
Listing Contract Date
2021-09-17T00:00:00+00:00
Listing Key Numeric
543070877
Living Area Units
Square Feet
Other Equipment
Intercom
Permission
IDX
Pets Allowed
Building Yes, Yes
Property Sub Type Additional
Townhouse
Source System ID
TRESTLE
Source System Key
543070877
Standard Status
Active
Year Built
1970
Previous List Price
7295000
Tax Assessed Value
387102
Tax Block
1321
Tax Lot
31
Tax Year
2022
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Contact - Listing ID OLRS-0082217
CRUM
31 West 34th Street, 7th Floor
New York, NY 10001
Phone: 646-757-4785
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