248 East 32nd Street

$5,700,000
Price
9
Beds
9
Baths
6,250 Sq. Ft.
$912 / Sq. Ft.
6,250
Sq. Ft.
$912
per Sq. Ft.

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...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

Property Details for 248 East 32nd Street

Architectural Style
Prewar
LISTING UPDATED: 10/31/2024 03:44 PM

Property Details for 248 East 32nd Street

StatusActive
MLS IDPRCH-4303067
Days on Market737
Taxes$8,181 / month
Maintenance-
Min. Down Pymt-
Total Rooms8.0
Compass TypeTownhouse
MLS TypeHouse/Building
Year Built1910
Lot Size2,469 SF / 25' x 98'
CountyNew York County

Building

248 E 32nd St

9 Units4 StoriesBuilt in 1910

Building Information for 248 East 32nd Street

Stories4Residences9Year Built1910Building Size25' x 50'Building Sq. Ft5,000 SFLot Size2,469 SF / 25' x 98'Building AgePre-warBuilding TypeTownhouse

Property Information for 248 East 32nd Street

Summary
Location and General Information
  • Subdivision Name: Kips Bay
  • Stories Total: 5
  • Garage Spaces: 0.0
Taxes and HOA
  • Tax Lot: 0040
  • Tax Block: 00912
  • Association Fee Frequency: Monthly
  • Building Tax Lot: 0040
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 6250.0
  • Building Area Total: 6250.0
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 25.0 x 98.75
  • Living Area Units: SquareFeet
Building Information
  • Building Laundry Features: Inside
  • Building Pets Allowed: BuildingYes
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: No
  • Common Interest: None
  • New Construction: No
  • Structure Type: None, Townhouse
  • Property Condition: Good
Interior and Exterior Features
Interior Features
  • Fireplace: No
  • Furnished: Unfurnished
  • Laundry Features: Inside
  • ElevatorsTotal: 0
  • Size Dimensions: 25 ft x 50 ft
Multi Family
Multi-Family Information
  • Number Of Units Total: 9
Rental
Rental Information
  • Pets Allowed: UnitYes
  • Attendance Type: None
  • Owner Pays: None

Property History for 248 East 32nd Street

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 248 East 32nd Street

Taxable ValueLand$354,600Additions$1,389,600Total$1,744,200
Home Facts
Total Finished SqFt5,750 SqFtLot Size2,469 SqFtYear Built1910ZoningR7BAPN1009120040

Schools near 248 East 32nd Street

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 116 Mary Lindley Murray
PublicPK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 104 Simon Baruch
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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248 East 32nd Street is a townhouse for sale in Kips Bay. This property was listed for sale on December 16, 2022 by Leslie J Garfield & Co Inc, it's currently listed at $5,700,000. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 116 Mary Lindley Murray, Nyc Lab Ms For Collaborative Studies and Lower Manhattan Community Middle School. 248 East 32nd Street is a 9-bed, 9-bath, 6,250 sqft townhouse built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Leslie J Garfield & Co Inc

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