2 years on rocket

248 E 32nd St Unit Th, New York City, NY, 10016

$5,700,000

9 Bedrooms
9 Full Baths
6,250 SqFt
$912/SqFt
Townhouse

Location

Image provided by Mapbox

Property Highlights

Home TypeTownhouse
Year Built1910
MLS #PRCH-4303067
StatusActive

About 248 E 32nd St Unit Th

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 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 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

Property Details

Property Features

Property Information:

  • Architectural Style: Prewar
  • Year Built: 1910
  • Living Area: 6,250 SqFt

Listing Office:

  • Office Name: Leslie J Garfield & Co Inc
  • Office Phone: (212) 371-8200
  • Listing Agent: Matthew Lesser
  • Agent Phone: (212) 371-8200

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 9
  • Total Bedroom Count: 9

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,700,000
  • Price Per SqFt: $912/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

248 E 32nd St Unit Th vs New York

736 DAYS ON ROCKET

+651 Days

$5,700,000

+$4.8M More

$912/SqFt

+$244 More

KEY TAKEAWAY

This property is $4.8M more than the Median Sold Price and $244/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #PRCH-4303067

Listing Office:

  • Office Name: Leslie J Garfield & Co Inc
  • Office Phone: (212) 371-8200
  • Listing Agent: Matthew Lesser
  • Agent Phone: (212) 371-8200

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/22/2024, 2:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$28.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.1K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-992302
7
/10
  • P.S. 116 Mary Lindley Murray School

  • 210 E 33rd St

  • 0.07 miles

  • Public District Grades KG-5

school-card-donut-992303
9
/10
  • The River School

  • 425 E 35th St

  • 0.26 miles

  • Public District Grades PK-4

school-card-donut-992304
9
/10
  • P.S. 40 Augustus Saint-Gaudens School

  • 320 E 20th St

  • 0.59 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $130,082. The majority of New York, NY residents have income between $100k-200k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 248 E 32nd St Unit Th

What is the listing price of this property?

The listing price of 248 E 32nd St Unit Th property is $5,700,000.

What type of property is this?

The property 248 E 32nd St Unit Th is a townhouse located in New York City, New York, 10016.

Is this property for sale now?

Active Listing: 248 E 32nd St Unit Th is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 248 E 32nd St Unit Th has 9 bedrooms and 9 bathrooms.

What is the square footage of this property?

The property 248 E 32nd St Unit Th is 6,250 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 248 E 32nd St Unit Th is 1910.
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Rocket HomesNew YorkNew York10016248 E 32nd St Unit Th

This home is located at 248 E 32nd St Unit Th in New York City, NY and zip code 10016 in the Kips Bay neighborhood. This 6,250 square foot home was built in 1910. Features: 9 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since December 16, 2022 and is currently priced at $5,700,000.

While more than 220 listings in New York, NY in November 2024 were sold above asking price, there were more than 769 listings sold at asking price, and more than 758 were sold below. The inventory of homes for sale in New York, NY between October 2024 and November 2024 decreased by 7.2%. While the average time on the market in November 2024 was 85 days, the median list price was $850,115.

From Rocket Homes Real Estate and based on county public records data.

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