348 E 55th St - Churches FOR SALE


New York, NY 10022- Midtown East
$5,100,000 USD
212-574-6966
348 E 55th St, New York, NY for Sale
$5,100,000 USD
Churches - FOR SALE
1/5
null | Request Cap Rate

348 E 55th St
New York, NY 10022
Midtown East


HIGHLIGHTS

  • 22-foot-wide townhouse, 7000+ sq. ft as is with potential for just under 9,000 sq. ft.
  • Delivered Vacant
  • Flexible for Multiple Uses, Ideal for Redevelopment or Customization

OVERVIEW

The 22-foot-wide townhouse at 348 East 55th Street is located on a quiet, tree-lined block adjacent to the sought-after Sutton Place neighborhood, offering an exceptional opportunity to create a unique and tailored space in one of Manhattan’s most desirable areas. Spanning five stories and approximately 7,000 square feet, the property is just steps from major offices, the United Nations, and an array of dining, shopping, and cultural landmarks. Currently used for an institution, the townhouse provides immense flexibility for a range of uses. It is perfectly suited for conversion to a single-family home, boutique condominium development, a nonprofit headquarters, or even an ambassador’s residence. With the potential to expand the property to approximately 9,000 square feet, developers and end-users alike will appreciate the opportunity to reimagine and maximize the space to suit their specific needs. Midtown East is renowned for its blend of residential charm and urban convenience. Tree-lined streets and proximity to the East River offer a tranquil setting, while easy access to public transportation and Midtown’s business district make it an ideal location for both personal and professional use. This townhouse represents a rare chance to invest in a well-positioned property with endless potential in one of Manhattan’s most sought-after neighborhoods.

FOR SALE DETAILS

PRICE

$5,100,000 USD

PRICE/SF

$801 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,242 SF

ZONING

R8B

APN/PARCEL ID

1347-0032

ASK ABOUT THIS PROPERTY

Caylyn SullivanLeslie J. Garfield & CompanyMore Info
212-574-6966

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Caylyn SullivanLeslie J. Garfield & CompanyMore Info
212-574-6966

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.