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  • 248 East 33rd Street, Townhouse
  • 10 Rooms
  • 5 Beds
  • 5.5 Baths
  • $ 3,495,000
248 East 33rd Street Kips Bay New York NY 10016
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248 East 33rd Street, Townhouse

Kips Bay   |   Third Avenue & Second Avenue
Listing ID: 65427TH

  • $ 3,495,000
  • 5 Bedrooms
  • 5.5 Bathrooms
  • / Approx. SF/SM
  • %Financing Allowed

  • Details
  • Multi-FamilyOwnership
  • $ 4,446Real Estate Taxes
  • ActiveStatus

248 East 33rd Street Kips Bay New York NY 10016
  • 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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    W: 212-677-4040
    M: 917-494-7209
    • Email Me
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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].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
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31 East 12th Street, New York, NY 10003
Tel: 212.677.4040 | Fax: 212.677.4041 | info@colemanrealestate.com
© 2025 by Coleman Real Estate.  All Rights Reserved
31 East 12th Street, New York, NY 10003
Tel: 212.677.4040
Fax: 212.677.4041
info@colemanrealestate.com

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31 East 12th Street, New York, NY 10003
T:   212.677.4040   |   Email:   info@colemanrealestate.com
T01.50.0.0 | Core: 50.0.0