Updated 7 years ago
Sold
303 East 46th Street
Turtle Bay, Manhattan | Second Ave & First Ave
7,500 Square FeetRental Property
$4,350,000
floors / apts6 / 10
Lot Size25'x100'
ZoneC1-9
Building TypeLow-Rise
RE Taxes$74,448
Price Per SF
$580
This property was sold for $4,100,000 on 12/26/12.
Building Amenities
- Voice Intercom
Property Description for 303 East 46th Street
303 East 46th Street is a six-story mixed use building located in
the heart of Midtown East, just one block from the United Nations
and two blocks from Grand Central Terminal. The rear of the
building overlooks Daag Hammarskjod Plaza, which gives the
building a tremendous amount of light . A dry cleaning business is
leasing the ground floor retail unit until July of 2018. The
residential portion of the building consists of 10 units, including
one duplex, three rent stabilized apartments and one rent
controlled unit. Aside from one studio, each unit is a railroad style
one bedroom. With an average rent of $38/SF, the property offers
significant upside to be realized by an investor looking for an
prime opportunity in a desirable Manhattan location.
the heart of Midtown East, just one block from the United Nations
and two blocks from Grand Central Terminal. The rear of the
building overlooks Daag Hammarskjod Plaza, which gives the
building a tremendous amount of light . A dry cleaning business is
leasing the ground floor retail unit until July of 2018. The
residential portion of the building consists of 10 units, including
one duplex, three rent stabilized apartments and one rent
controlled unit. Aside from one studio, each unit is a railroad style
one bedroom. With an average rent of $38/SF, the property offers
significant upside to be realized by an investor looking for an
prime opportunity in a desirable Manhattan location.
Listing History for 303 East 46th Street
Now
12/24/2012
$4,100,000
Sold and Closed by Robert Knakal
Cushman & Wakefield
08/21/2012
Back on the Market by Robert Knakal
Cushman & Wakefield
Building Details for 303 East 46th Street
OwnershipRental Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts6/10
Transit and Citi Bike
Subway
Grand Central-42 St
0.32 miles
51 St
0.34 miles
Lexington Av/53 St
0.36 miles
Railroad
Grand CentralLong Island Rail Road
0.35 miles
Grand CentralMetro-North Railroad
0.37 miles
Citi Bike
E 47 St & 2 Ave
0.06 miles
E 44 St & 2 Ave
0.11 miles
Turtle Bay | Manhattan
Quick Profile
Turtle Bay is best known for hosting the world’s dignitaries at United Nations once a year as the world institution sits on the eastern edge of the neighborhood along the East River.
But this midtown location offers a lot more, a bustling neighborhood teeming with high-rise apartment buildings and an easy walk to the Midtown business district.
Over the past two decades, developers have assembled almost every corner development site along Second Avenue and have built straight up. Not much left to assemble.
Some of the more glamorous, and of course most expensive, addresses are in close proximity to the United Nations. Trump World Tower, which caused a big stir with area residents, in particular, Walter Cronkite, when it was built sits just north of the United Nations Grounds.
In contrast to the proliferation of the residential highrise, Turtle Bay does have some lovely tree-lined streets between the avenues. In particular, Turtle Bay Gardens, which fronts both 48th Street and 49th Street between Third and Second Avenue has always been a haven for the rich and famous.
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.
OLR ID: 43070TH
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