246 East 48th Street

US $5,495,000
246 East 48th Street
NEW YORK, New York, 10017, United States
Status: Active

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.

6
Bedrooms
6
Bathrooms
4,473
Square Feet
1/20

Listing Agent

Array

Jules Garcia

Elegran
LIC.# 10401336787

This unique 6 Bedroom home with 6 Bathrooms is a prime example of the luxury real estate available in NEW YORK, New York. You can visit our New York search pages for more luxury real estate choices in NEW YORK.