248 East 32nd Street

Multi-Family Townhouse For Sale  • 
Kips Bay
Web ID # 1169872 RLS

$ 5,700,000

9 Families • 9 Beds • 9 Baths • 6,250 ft2  
Tax (Monthly): $8,181

Building & Unit Features

  • Brownstone
  • Laundry
  • 248 East 32nd Street is a rare 25-wide, five-story townhouse located on one of Midtown Easts 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 owners duplex has been meticulously renovated featuring CAC, three (3) bedrooms, three (3) full bathrooms, a chefs 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
    Stories: 5
    Units: 7
    Listing Courtesy Of Leslie J Garfield & Co Inc

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    Estimated Monthly Costs


    $28,822
    Est. Mortgage
    $8,181
    Real Estate Tax
    $37,003
    Monthly Total*
    * The estimated monthly costs provided by this caculator are for illustrative purposes only, with no guarantee regarding accuracy.
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    Nearby Subways

    • 6 Park Ave & 32nd St (~0.28 mile)


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