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221 E 48th Street, New York, NY 10017 - Availability Details

221 East 48th Street, New York, New York, 10017, New York, NY 10017

  • For Sale $4,250,000
  • City New York
  • Neighborhood Turtle Bay
  • Zip Code 10017
  • Market Manhattan
  • Property Type Unassigned
  • Property Size 5,920 Sqft
  • Lot Size 0.05 Acre
  • Building Class C2
  • Year Built 1910
  • Date Updated 21 Jun, 2021
Cushman & Wakefield has been retained exclusively to arrange for the sale of 221 East 48th Street, a vacant five-story multifamily building in the heart of Midtown East, adjacent Turtle Bay Gardens. The property presents the incredible opportunity for an investor, developer or user to acquire and reposition a vacant value-add building with significant upside and conversion potential.

The property is currently configured as professional space on the ground floor and apartment units above. The property is 20’-wide and features a private rear garden.

On the north side of East 48th Street between Second and Third Avenues, the location benefits from superior access to public transportation just blocks from Grand Central. Nearby attractions include Turtle Bay, Chrysler Building, the United Nations Headquarters, and countless retail and restaurants.
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Contacts

broker

John Ciraulo

Cushman & Wakefield

(212) 660-7700

broker

Craig Waggner

Cushman & Wakefield

(212) 660-7744

broker

Will Conrad

Cushman & Wakefield

(212) 660-7740

broker

Michael Kavanagh

Cushman & Wakefield

(212) 660-7765

broker

Zachary Larsen

Cushman & Wakefield

(212) 841-5914

broker

Charlotte Redican

Cushman & Wakefield

(212) 713-6850

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