Active Multi-Family

246 East 48th Street Building

Turtle Bay
246 East 48th Street Building, New York City, NY 10017
Beds 6
Baths 6
Sq Ft 4473
Exclusive Listing by Elegran LLC
$5,495,000

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.
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Map

Amenities

Roofdeck
Pets Allowed

Transportation

Subway lines nearby
3 Avenue and East 49 Street
Third Avenue
East 50th Street and Lexington Avenue
Lexington Avenue and East 49th Street
Lexington Av/51-53 Sts
51st
Lexington Avenue
Lexington Avenue and East 52nd Street
East 42nd Street and 2nd Avenue
3rd Avenue and East 42nd Street
Information provided by MapBox

Neighborhood

Schools
Brasil Em Mente
Instituto Cervantes
The Beekman School
The Arabic School of New York
The Family School
P94M at P.S. 15
Chinese Language Academy of New York Midtown
Children's Academy
Stage-USA
Aaron School
Metropolitan Preschool Inc
Updog Playgroup
New York Institute of Management
Kaplan Nursery School
Dylan James
Dave Frank School of Jazz
Defensive Driving Course NY - Improv
Cargill Global Scholars
Institute of International Education
Learn Hypnosis New York
Penguin City Swim
Decoded
UNGEI
United Nations Child Care Center
Greenleaf Learning
Information provided by MapBox
$5,495,000
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Undivided Crew