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

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://reisnyc.com/nyc/buildings/246-e-48th-st

Interior

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 Allowed Building Yes,Yes

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