246 East 48th Street is a truly unique property.
Website: | https://www.nestseekers.com/2062565 |
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Address: | 246 East 48th Street New York, NY 10017 |
Cross street: | Third Avenue |
Type: | Townhouse |
Era: | Pre-war |
Floors: | 4 |
Ownership: | Multi-Family |
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Rooms: | 11 |
Bedrooms: | 6 BR |
Bathrooms: | 6 |
Pets: | Pets Unknown |
Financials
Price: | $5,495,000 |
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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.
Amenities
Garden; Roof Deck;
- Balcony
- Patio
- Terrace
- Garden
- Roof Deck
- Voice Intercom
- Walk-up
Contact
505 Park Ave, New York, NY 10022 Phone: +1212-252-8772 | |
Courtesy of Elegran Real Estate and Development |