248 East 32nd Street, TH

Kips Bay   |   Third Avenue & Second Avenue

Income Property [Video Intercom]
$ 5,700,000
Bedrooms 9
Bathrooms 9
Status Active
Real Estate Taxes [Monthly] $ 8,181
Listing ID: 20341TH

Jason Bauer

License

Manager, Licensed Associate Real Estate Broker

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Property Description

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
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

Listing Courtesy of Garfield, Leslie J. & Co., Inc.

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Apartment Features

A/C
Washer / Dryer
248 East 32nd Street Kips Bay New York NY 10016

Building Details [248 East 32nd Street]

Ownership Income Property
Service Level Video Intercom
Access Walk-up
Pet Policy Case By Case
Block/Lot 912/40
Building Size 25'x50'
Zoning R7B
Building Type Townhouse
Age Pre-War
Year Built 1910
Floors/Apts 5/7
Lot Size 25'x98'75"

Building Amenities

Garden

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
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