Active

248 East 32nd Street TH

New York City NY, 10016

$5,700,000


$912.00 per sqft

Active

9 Beds

9 Baths

6,250 sqft

Town House

Built in 1910

248 East 32nd Street is a rare 25'-wide, five-story townhouse located on one of Midtown East's finest townhouse streets. This property is an ideal turn-key opportunity for those seeking to live with income in an immaculate garden duplex with a large south-facing garden.

Number 248 is currently configured as seven (7) units; six (6) graciously sized, beautifully renovated front and rear one-bedroom apartments on the upper three floors, over an owner's duplex on the garden and parlor levels.

The owner's duplex has been meticulously renovated featuring CAC, three (3) bedrooms, three (3) full bathrooms, a chef's kitchen with a large center island, an immense 50'-deep, approximately 1,200 square foot tiered and landscaped garden, and access to the basement. This unit creates a rare opportunity to own a prime turnkey property with a strong cash flow.

248 East 32nd Street is surrounded by the best Kips Bay has to offer - a short walk to the restaurants, cafes, and shops along Second and Third Avenues, close proximity to the 6 train, and only steps from Trader Joe's and Fairway Market.

* Co-exclusive with The New York Multifamily team of Marcus and Millichap

PRCH-4303067

MLS ID

December 16, 2022

Listed

August 23, 2024

Updated

Map

248 East 32nd Street TH
New York City NY, 10016

Interior Features

Total Stories

5


Bedrooms

9


Total Bathrooms

9


Full Bathrooms

9


Appliances

Dryer, Washer/Dryer Stacked, Washer


Laundry Description

Building Inside, Inside, In Unit


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.06 Acres


Architectual Style

Prewar

Other Property Details

Taxes

$98,172


Tax Frequency

Annually


HOA Frequency

Monthly


Garage

No


View

No


County

NewYork


Pool

No

Listing History

Date

Event

Price

3/7/2024

Price change

$5,700,000

-11%

Listed by Matthew Lesser with Leslie J Garfield & Co Inc
Listing Contact: (212) 371-8200 

The IDX display contains information sourced from the Real Estate Board of New York as of 8/23/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Real Estate Board of New York all rights reserved.

Data last updated on 8/23/2024 at 7:06 PM UTC

 

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