244 E 46th Street, New York, NY 10017

Midtown East, New York, New York 10017

$12,500,000  

Listing ID Number

25195

Property Description

Cushman & Wakefield has been retained exclusively to arrange for the sale of 244 East 46th Street, a renovated five-story mixed-use building in the heart of Midtown East, steps from Grand Central and the United Nations. The property presents the incredible opportunity for an investor or user to acquire and reposition a phenomenally located renovated building.

PROPERTY HIGHLIGHTS:
- Five-story renovated mixed use building with vacant residential units.
- Two-minute walk to Grand Central and United Nations Headquarters.
- Potential UN-Mission or other user conversion.
- Steps from dozens of Missions and Consulates.
- Quiet tree-lined block just steps from countless neighborhood amenities, shops and restaurants.
- Easily accessible via the 4, 5, 6, 7, S and future T subway lines and MetroNorth trains.

Overview

Building Type:Apartment Buildings, Commercial Buildings, Live Plus Income Buildings, Mixed-Use Investment Buildings, Mixed-Use User Buildings
Location:South side of East 46th Street between First and Second Avenues.
Block/Lot:1319/30
Lot Dimensions:25 x 100.42
Units:16
Zoning:R10
Building Sq Ft:10,000

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

Clint B. Olsen
Executive Managing Director
(212) 660 7747
clint.olsen@cushwake.com

William Conrad
Associate
(212) 660 7740
William.Conrad@cushwake.com


Property Images

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Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.