248 E 33rd St - Apartments FOR SALE


New York, NY 10016- Kips Bay
$3,495,000 USD
917-754-7783
248 E 33rd St, New York, NY for Sale
$3,495,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

248 E 33rd St
New York, NY 10016
Kips Bay


OVERVIEW

This 17-foot-wide multi-family townhouse on a tree-lined block the borders Kips Bay & Murray Hill features an owner’s triplex with two private outdoor spaces and two fully renovated one-bedroom units, each with outdoor access. The triplex includes 3 bedrooms, 3.5 baths, a windowed kitchen and dining area opening to a large terra cotta-tiled deck, a living room with exposed brick and fireplace, two upper-level bedrooms with en suite baths and laundry, and a top-floor primary suite with fireplace, marble bath, private terrace, and access to a full roof deck with sweeping city views, including the Empire State Building. One rental unit offers a south-facing terrace; while the other includes a 500 sq ft private garden. Ideal for live-with-income, investment, or conversion to single-family. Mixed-use zoning allows for ground floor commercial use. Located outside the historic district with approx. 9,272 total buildable square feet (~5,500+ remaining), C1-8A zoning allows for future expansion or redevelopment subject to City approval. Close to Grand Central, major medical institutions such as NYU Hospital, FDR Drive, and top Midtown dining and retail, this property offers exceptional value, flexibility, and upside. 248 East 33rd Street will be delivered vacant. ALL-CASH OFFERS ENCOURAGED.

FOR SALE DETAILS

PRICE

$3,495,000 USD

PRICE/SF

$1,159 USD /SF

# OF UNITS

3

PRICE/UNIT

$1,165,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,185 SF

ZONING

C1-8A,New York(S3)

APN/PARCEL ID

0913-0039

ASK ABOUT THIS PROPERTY

Matthew LesserLeslie J. Garfield & CompanyMore Info
917-754-7783

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Matthew LesserLeslie J. Garfield & CompanyMore Info
917-754-7783

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.