INVESTORS...OWN A PIECE OF MANHATTAN – UNITED NATIONS/GRAND CENTRAL AREA - TENANTS IN PLACE 4% CAP RATE
Steps from the United Nations, Grand Central, Harvard Club, Yale Club, Times Square, the Chrysler Building, Bryant Park, New York Public Library, and more, why invest anywhere else??? Recently opened is also the One Vanderbilt, the 1st Supertall tower in Midtown East, and opening soon will be Chase Bank's world headquarters, practically driving long-term demand for apartments in the area. This prestigious location offers unparalleled convenience and access to the best of Manhattan. Investor-friendly, 1031 exchanges ALL allowed. This renovated, CONVERTIBLE 2-bedroom, 1-bathroom condo with the WALL UP AND TENANTS UNTIL JUNE 2026 is located just minutes away from some of the most iconic landmarks and attractions in the city.
The bright, spacious apartment features lots of windows and recently sanded and polished hardwood oak parquet flooring, a granite entrance floor, quartz kitchen counter, a stainless steel stove, and refrigerator, and even a dishwasher with mahogany-colored cabinets. The renovated designer tile bathroom comes with custom wood cabinetry and elegant finishes.
The building is staffed by a 24-hour doorman, resident superintendent and features laundry in the cellar level, making it a full-service luxury condominium. Investors will appreciate the ability to purchase this beautiful apartment for themselves or future generations.
Enjoy the finest dining, shopping, and entertainment experiences the city has to offer, including famous restaurants and bar lounges such as Sparks Steakhouse, PJ Clarke’s, and The Smith. Popular stores like Bloomingdales, Whole Foods, Morton Williams & Gristedes are also located nearby.
Transportation is a breeze with Grand Central Terminal just minutes away, offering access to the Shuttle to Times Square, the 4,5,6,7 trains, all Metro-North trains, and express buses to Queens, Staten Island, Brooklyn & the Bronx. You can also visit with diplomats and citizens of the world at the United Nations, enjoy the Farmers Market at Dag Hammarskjold Plaza Park, or take a swim at the Vanderbilt YMCA or Equinox gym, all just steps away. AND NOW THE LIRR FROM GRAND CENTRAL IS OPEN!
This is an opportunity to be part of the revitalization of one of NYC’s quietly sophisticated and undervalued neighborhoods – Midtown East’s Turtle Bay – before the secret is out. Come and own a piece of Manhattan and experience the ultimate luxury living in one of the most prestigious locations in the city. TEMP. CAP ASSESSMENT OF $208 PER MTH.
Active
Price cut: $25K (5/3)
$725,000
240 E 46th St APT 1D, New York, NY 10017
2beds
720sqft
Condominium
Built in 1962
-- sqft lot
$-- Zestimate®
$1,007/sqft
$1,244/mo HOA
What's special
Elegant finishesHardwood oak parquet flooringStainless steel stoveCustom wood cabinetryGranite entrance floorMahogany-colored cabinetsLots of windows
- 52 days
- on Zillow |
- 583 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: June 20, 2025 at 08:17am
Listing by:
Ovation Properties, LLC 917-500-3969,
Juan Rodriguez
Source: StreetEasy,MLS#: S1769207
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: Dishwasher
- Laundry: Inside
Features
- Flooring: Hardwood
Interior area
- Total structure area: 720
- Total interior livable area: 720 sqft
Property
Features
- Has view: Yes
- View description: City, Garden
Details
- Parcel number: 01319100401
- Special conditions: Resale
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Year built: 1962
Community & HOA
Community
- Features: Doorman, Full Time Doorman
- Security: Doorman, Full-Time Doorman
- Subdivision: Turtle Bay
HOA
- Has HOA: Yes
- Amenities included: Laundry, Elevator(s)
- Services included: Maintenance
- HOA fee: $1,244 monthly
Location
- Region: New York
Financial & listing details
- Price per square foot: $1,007/sqft
- Tax assessed value: $193,559
- Annual tax amount: $7,932
- Date on market: 5/3/2025
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