248 East 33rd Street, Townhouse

Kips Bay   |   Third Avenue & Second Avenue

New This Week
Multi-Family [Voice Intercom]
$ 3,495,000
Rooms 10
Bedrooms 5
Bathrooms 5.5
Status Active
Real Estate Taxes [Monthly] $ 4,446
Listing ID: 65427TH

Jason Bauer

License

Manager, Licensed Associate Real Estate Broker

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Property Description

This 17-foot-wide multi-family townhouse on a tree-lined block the borders Kips Bay & Murray Hill features an owner’s triplex with two private outdoor spaces and two fully renovated one-bedroom units, each with outdoor access. The triplex includes 3 bedrooms, 3.5 baths, a windowed kitchen and dining area opening to a large terra cotta-tiled deck, a living room with exposed brick and fireplace, two upper-level bedrooms with en suite baths and laundry, and a top-floor primary suite with fireplace, marble bath, private terrace, and access to a full roof deck with sweeping city views, including the Empire State Building. One rental unit offers a south-facing terrace; while the other includes a 500 sq ft private garden. Ideal for live-with-income, investment, or conversion to single-family. Mixed-use zoning allows for ground floor commercial use. Located outside the historic district with approx. 9,272 total buildable square feet (~5,500+ remaining), C1-8A zoning allows for future expansion or redevelopment subject to City approval. Close to Grand Central, major medical institutions such as NYU Hospital, FDR Drive, and top Midtown dining and retail, this property offers exceptional value, flexibility, and upside. 248 East 33rd Street will be delivered vacant. ALL-CASH OFFERS ENCOURAGED.
This 17-foot-wide multi-family townhouse on a tree-lined block the borders Kips Bay & Murray Hill features an owner’s triplex with two private outdoor spaces and two fully renovated one-bedroom units, each with outdoor access. The triplex includes 3 bedrooms, 3.5 baths, a windowed kitchen and dining area opening to a large terra cotta-tiled deck, a living room with exposed brick and fireplace, two upper-level bedrooms with en suite baths and laundry, and a top-floor primary suite with fireplace, marble bath, private terrace, and access to a full roof deck with sweeping city views, including the Empire State Building. One rental unit offers a south-facing terrace; while the other includes a 500 sq ft private garden. Ideal for live-with-income, investment, or conversion to single-family. Mixed-use zoning allows for ground floor commercial use. Located outside the historic district with approx. 9,272 total buildable square feet (~5,500+ remaining), C1-8A zoning allows for future expansion or redevelopment subject to City approval. Close to Grand Central, major medical institutions such as NYU Hospital, FDR Drive, and top Midtown dining and retail, this property offers exceptional value, flexibility, and upside. 248 East 33rd Street will be delivered vacant. ALL-CASH OFFERS ENCOURAGED.

Listing Courtesy of Garfield, Leslie J. & Co., Inc.

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Apartment Features

A/C
Washer / Dryer
248 East 33rd Street Kips Bay New York NY 10016

Building Details [248 East 33rd Street]

Ownership Multi-Family
Service Level Voice Intercom
Access Walk-up
Block/Lot 913/39
Building Type Townhouse
Age Pre-War
Year Built 1910
Floors 4
Lot Size 16'6"x7'

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
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