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$7,173,417
List price: $7,295,000
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246 East 48th Street
Townhouse in Turtle Bay •  building info
6bd • 6ba • 4,473 ft² $1,631 per ft²
Buy with Yoreevo

$7,173,417

List price

$7,295,000

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Key Details
Days on market
80
Last price change
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Estimated payment
$45,768
Taxes
$6,405
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
Amenities
LISTING AMENITIES
  • Balcony
  • Roof Deck
History
What it'll cost
Purchase price
$7,295,000
Asking Price: $7,295,000
Term
30 Years
Down Payment
$729,000 (10%)
Min: 10% (729,000)
Rate
6.0 %
Mortgage Amount
$6,565,500
Mortgage Payment
$39,363
Taxes
$6,405
Estimated Yoreevo rebate
Estimated closing cost
Total monthly cost $45,768
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$121,583 rebate.
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Courtesy of Elegran

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