Map of Property

224 E 48th St

224 E 48th St, New York, NY 10017

  • For Sale $10,500,000
  • 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 Oct 9, 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.

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Contacts

broker

Ricky Aryeh Is this you?

Kassin Sabbagh Realty

broker

Dan Shapiro Is this you?

Kassin Sabbagh Realty

Location

Getting Around

  • Walk Score ®

    100/100 Walker's Paradise

  • Transit Score ®

    100/100 Rider's Paradise

  • Bike Score ®

    80/100 Very Bikeable
Powered by Walk Score ®
  • City New York, NY
  • Neighborhood Turtle Bay
  • Zip Code 10017
  • Market Manhattan

Points of Interest

  • Grand Central - 47th Street Entrance

    0.21 miles

  • East 50th Street & Lexington Avenue at Northwest Corner

    0.21 miles

  • East 51st Street & Lexington Avenue at Southeast Corner

    0.22 miles

  • 51st Street

    0.23 miles

  • East 51st Street & Lexington Avenue at Southwest Corner

    0.23 miles

  • Grand Central - 48th Street Entrance

    0.23 miles

  • East 51st Street & Lexington Avenue at Northwest Corner

    0.24 miles

  • East 53rd Street & 3rd Avenue at Southeast Corner

    0.25 miles

  • Grand Central Terminal - Park Avenue Entrance

    0.26 miles

  • East 53rd Street & 3rd Avenue at Southwest Corner

    0.26 miles

  • Tesla Supercharger

    0.06 miles

  • ChargePoint

    0.12 miles

  • Bus Charging Station

    0.42 miles

  • Citgo

    1.24 miles

  • BP

    1.31 miles

  • Sunoco

    1.37 miles

  • Mobil

    1.43 miles

  • Atlantic

    1.62 miles

  • Shell

    1.65 miles

  • Gulf

    1.70 miles

  • 20th Century Garage

    0.11 miles

  • Quik Park Garage

    0.13 miles

  • intlFcstone 10022 LOCi Multi

    0.19 miles

  • Central Parking

    0.27 miles

  • icon 24hr Parking

    0.40 miles

  • Icon Parking

    0.50 miles

  • Alpha Garage

    0.50 miles

  • Hippodrome Parking

    0.62 miles

  • Select Garages

    0.70 miles

  • NYU Langone Parking Lot D

    0.76 miles

  • Vanderbilt YMCA

    0.05 miles

  • The Bernic

    0.10 miles

  • Residence Inn

    0.11 miles

  • Club Wyndham Midtown 45

    0.12 miles

  • The Lexington

    0.13 miles

  • San Carlos

    0.14 miles

  • Hotel 48LEX

    0.15 miles

  • The Pod Hotel

    0.15 miles

  • The Fifty Sonesta Select

    0.15 miles

  • W Hotels

    0.17 miles

  • Barnes Bistro

    0.08 miles

  • Smith & Wollensky

    0.09 miles

  • Sparks Steak House

    0.09 miles

  • La Vera Pizza

    0.10 miles

  • Nishida Sho-ten

    0.11 miles

  • Ali Baba's Terrace

    0.11 miles

  • Mee's Noodle

    0.12 miles

  • Sido

    0.12 miles

  • Ashton's Alley Sport Bar

    0.13 miles

  • Dos Caminos

    0.13 miles

  • Public School 18

    0.21 miles

  • Lyceum Kennedy International School

    0.22 miles

  • United Nations School

    0.26 miles

  • Lyceum Kennedy French American School

    0.28 miles

  • The Neighborhood Playhouse School of the Theater

    0.35 miles

  • Sahra & William M Lese Religious School

    0.42 miles

  • Public School 59

    0.42 miles

  • High School of Art and Design

    0.42 miles

  • Weill Medical College of Cornell University

    0.56 miles

  • The River School

    0.66 miles

  • Gymboree

    0.47 miles

  • Everbrook Academy

    0.48 miles

  • Kindercare

    0.51 miles

  • Wee Ones Club

    0.62 miles

  • St Vartan Play Group Preschool

    0.64 miles

  • NY Kids Club

    0.93 miles

  • Alpha Bet Preschool of Murray Hill

    0.93 miles

  • Push My Swing

    0.99 miles

  • My Treehouse

    1.08 miles

  • Explore + Discover Early Learning Center

    1.09 miles

Frequently Asked Questions

How much does 224 E 48th St cost?

The space currently listed for sale at 224 E 48th St asks for $10,500,000.

What is the total square footage of 224 E 48th St?

224 E 48th St totals 15,042 square feet.

When was this property built?

224 E 48th St was built in 1928.

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