$3,250,000
Updated 5 years ago
Sold
217 East 49th Street
Turtle Bay, Manhattan | Third Ave & Second Ave
1,307 Square FeetCommercial
$3,250,000
floors3
Lot Size19'5"x74'
Built Size19'5"x67'
ZoneR8B
Building TypeLow-Rise
RE Taxes$138,289
Price Per SF
$2,487
This property was sold for $3,250,000 on 05/26/21.
Property Description for 217 East 49th Street
JLL has been retained on an exclusive basis to arrange for the sale of 217 East 49th Street, a 3-story, 3,920 commercial building ideally located on the north side of East 49th Street between Second and Third Avenues. The building is currently set up a as a fully built out restaurant space on the ground and second floor with office space on the third floor. 217 East 49th Street represents an incredible investment and/or restaurant user opportunity. The ideal Midtown East location bordering Midtown’s Office Core and the United Nations Headquarters provides access to a diverse client base of residents as well as a robust corporate presence. Transportation options abound the property with access to the 4, 5, 6, 7 E & M trains as well as Grand Central Station a few blocks away.
Listing History for 217 East 49th Street
Now
05/26/2021
$3,250,000
Sold and Closed by Bob Knakal
JLL
2021
Building Details for 217 East 49th Street
OwnershipCommercial
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1900
Floors3
Transit and Citi Bike
Subway
51 St
0.17 miles
Lexington Av/53 St
0.19 miles
Grand Central-42 St
0.38 miles
5 Av/53 St
0.44 miles
Railroad
Grand CentralLong Island Rail Road
0.27 miles
Grand CentralMetro-North Railroad
0.38 miles
Citi Bike
E 48 St & 3 Ave
0.08 miles
E 47 St & 2 Ave
0.12 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: 79924TH
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