Contacts
Kassin Sabbagh Realty
Kassin Sabbagh Realty
Property Details
- Property Type Multi-Family
- Property Size 15,042 SF
- Units 24
- Lot Size 0.09 Acre
- Additional Rent Contact for pricing
- Year Built 1928
- Date Updated Dec 3, 2024
Kassin Sabbagh Realty (KSR) has been retained to arrange for the sale of 224 East 48th Street. Situated on picturesque tree-lined street in the delightful Turtle Bay neighborhood, this private, pet-friendly boutique elevator building offers charm and tranquility.
224 East 48th Street is a fully-occupied six-story multi-family building with +80% free-market units with approximately 37-feet of frontage on the south side of East 48th Street between 2nd and 3rd Avenues. The unit mix consists of 23 one-bedrooms and 1 two-bedroom duplex, with 21 of the 24 units (~80%) being free-market.
The building layout and location provide the ideal opportunity for conversion into corporate or furnished housing, and condominiums. Additionally, there is significant upside in the income as several units, include the free-market units, are substantially below market.
Reach out to the broker for more info on lease terms and amenities
Getting around
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100/100
Walk Score ®
-
100/100
Transit Score ®
-
80/100
Bike Score ®
Location
- City New York, NY
- Neighborhood Turtle Bay
- Zip Code 10017
- Market Manhattan
Points of Interest
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Grand Central - 47th Street Entrance
0.21 miles
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East 50th Street & Lexington Avenue at Northwest Corner
0.21 miles
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East 51st Street & Lexington Avenue at Southeast Corner
0.22 miles
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51st Street
0.23 miles
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East 51st Street & Lexington Avenue at Southwest Corner
0.23 miles
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Grand Central - 48th Street Entrance
0.23 miles
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East 51st Street & Lexington Avenue at Northwest Corner
0.24 miles
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East 53rd Street & 3rd Avenue at Southeast Corner
0.25 miles
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Grand Central Terminal - Park Avenue Entrance
0.26 miles
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East 53rd Street & 3rd Avenue at Southwest Corner
0.26 miles
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Tesla Supercharger
0.06 miles
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ChargePoint
0.12 miles
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Bus Charging Station
0.42 miles
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Citgo
1.24 miles
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BP
1.31 miles
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Sunoco
1.37 miles
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Mobil
1.43 miles
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Atlantic
1.62 miles
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Shell
1.65 miles
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Gulf
1.70 miles
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20th Century Garage
0.11 miles
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Quik Park Garage
0.13 miles
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intlFcstone 10022 LOCi Multi
0.19 miles
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Central Parking
0.27 miles
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icon 24hr Parking
0.40 miles
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Icon Parking
0.50 miles
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Alpha Garage
0.50 miles
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Hippodrome Parking
0.62 miles
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Select Garages
0.70 miles
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NYU Langone Parking Lot D
0.76 miles
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Vanderbilt YMCA
0.05 miles
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The Bernic
0.10 miles
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Residence Inn
0.11 miles
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Club Wyndham Midtown 45
0.12 miles
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The Lexington
0.13 miles
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San Carlos
0.14 miles
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Hotel 48LEX
0.15 miles
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The Pod Hotel
0.15 miles
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The Fifty Sonesta Select
0.15 miles
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W Hotels
0.17 miles
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Morton Williams
0.09 miles
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Amish Market East
0.15 miles
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Amazon Go
0.28 miles
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Gristedes
0.39 miles
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Saks Fifth Avenue
0.44 miles
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Whole Foods Market
0.45 miles
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D'Agostino
0.48 miles
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Saks Off 5th
0.51 miles
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Sunrise Mart
0.53 miles
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classic watch inc suite 17
0.55 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
