245 East 52nd Street presents a rare opportunity to acquire a six-story, elevator-serviced townhouse in the heart of Midtown Manhattan's Turtle Bay neighborhood. Currently configured as a three-unit residence, the property spans approximately 5,940 square feet and sits on a 15-foot-wide by 100-foot-deep lot. With vacant delivery, the building offers flexible exit strategies: maintain as a high-end income-producing asset, convert to a single-family residence, or reimagine as luxury condominiums.
Originally constructed in 1930 and thoughtfully restored, the property features period architectural details, a commercial-grade elevator, a private garden, and high ceilings. The building benefits from proximity to major transportation hubs, premier shopping and dining, and world-class institutions such as the United Nations and Rockefeller Center.
With limited townhouse inventory in Midtown East and increasing demand for high-end boutique residences and rental units, 245 East 52nd Street is ideally positioned for both user-occupiers and investors seeking long-term value in a prime Manhattan location.