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  • Price cut: $250K (2/24)
    $5,450,000

    248 E 32nd St, New York, NY 10016

    10beds
    6,250sqft
    Townhouse
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $872/sqft
    $-- HOA

    What's special

    Tiered and landscaped gardenFive-story townhouseLarge center island
    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 the owners triplex or lease out this fully free market building with easy 100% occupancy upon closing. Number 248 is currently configured as seven (7) free-market 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*
    880 days
    on Zillow
    |
    386
    |
    19
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 30, 2025 at 11:17am

    Listing by:

    Leslie J. Garfield 917-754-7783,

    Matthew Lesser

    Source: StreetEasy,MLS#: S1639580
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 248 E 32nd St.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 8
    • Full bathrooms: 8
    Interior area
    • Total structure area: 6,250
    • Total interior livable area: 6,250 sqft

    Property

    Features
    • Patio & porch: Other
    • Exterior features: Garden
    • Has view: Yes
    • View description: Garden
    Details
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    Condition
    • Year built: 1910

    Community & HOA

    Community
    • Subdivision: Kips Bay
    HOA
    • Services included: Maintenance
    Location
    • Region: New York

    Financial & listing details

    • Price per square foot: $872/sqft
    • Annual tax amount: $98,172
    • Date on market: 12/16/2022
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