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$5,421,733
List Price: $5,495,000
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246 East 48th Street
Townhouse in Turtle Bay •  building info
6bd • 6ba • 4,473ft² $1,228 per ft²
Buy with Yoreevo

$5,421,733

List Price

$5,495,000

photo of agent
James McGrath
(212) 365-0151 • 
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Key Details
Days on market
658
Last price change
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Estimated payment
$37,861
Taxes
Monthly maintenance
N/A
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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Important Stuff
Pets allowed
Washer/Dryer in unit
Listing Amenities
Patio
Hardwood floors
City View
Dishwasher
Central Air
Garden View
Roof Rights
Skyline View
Building Amenities
Bike Room
Laundry in Building
Outdoor Space
Garden
Balcony
Terrace
Courtyard
Roof Deck
Private Roof Deck
History
What it'll cost
Purchase price
$5,495,000
Asking Price: $5,495,000
Term
30 Years
Down Payment
$549,000 (10%)
Min: 10% (549,000)
Rate
6.5 %
Mortgage Amount
$4,945,500
Mortgage Payment
$31,259
Taxes
$6,602
Estimated Yoreevo rebate
$73,267
Estimated closing cost
$248,000
Total monthly cost $37,861
Buy your dream home with us and get an estimated
$73,267 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Elegran

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