Active

248 E 32nd Street TH

New York City NY, 10016

$5,700,000


$912.00 per sqft

Active

9 Beds

9 Baths

6,250 sqft

Townhomes

Built in 1910

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

RLS10953396

MLS ID

December 16, 2022

Listed

January 16, 2025

Updated

Map

248 E 32nd Street TH
New York City NY, 10016

Interior Features

Total Stories

5


Bedrooms

9


Total Bathrooms

9


Full Bathrooms

9


Laundry Description

Building Inside, Inside


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.06 Acres


Architectual Style

Prewar

Other Property Details

Taxes

$98,172


Tax Frequency

Annually


HOA Frequency

Monthly


Garage

No


View

No


County

NewYork


Pool

No

Listed by Matthew Lesser with Leslie J Garfield & Co Inc
Listing Contact: (212) 371-8200 

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025  The Real Estate Board of New York, Inc., All rights reserved

Data last updated on 1/16/2025 at 7:04 AM UTC

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