$12,900,000
Updated 3 years ago
Off Market
216 East 49th Street
Turtle Bay, Manhattan | Third Ave & Second Ave
15,960 Square FeetMixed Use
$12,900,000
floors5
Lot Size42'x100'4"
Built Size42' wide
ZoneR8B
Building TypeLow-Rise
RE Taxes$298,080
Price Per SF
$808
Building Amenities
- Elevator
Property Description for 216 East 49th Street
B6 Real Estate Advisors has been retained exclusively to market for sale 216 East 49th Street, New York, NY. The property presents unique opportunity for an office and retail reposition or residential conversion. The property has 42-feet of frontage along 49th Street between Second and Third Avenue, adjacent the historic Turtle Bay Gardens, Midtown East attractions and many foreign consulates and embassies. The property is currently configured as a 5-story (plus cellar) elevator commercial building with ground floor retail/restaurant space and offices above. The Certificate of Occupancy permits office use and the property is located within an R8B zoning district, which would permit residential conversion as-of-right.
Listing History for 216 East 49th Street
Now
03/02/2023
POM by Brock A. Emmetsberger
B6 Real Estate Advisors
2023
Building Details for 216 East 49th Street
OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessElevator
Year Built1910
Floors5
Transit and Citi Bike
Subway
51 St
0.17 miles
Lexington Av/53 St
0.21 miles
Grand Central-42 St
0.36 miles
5 Av/53 St
0.44 miles
Railroad
Grand CentralLong Island Rail Road
0.25 miles
Grand CentralMetro-North Railroad
0.35 miles
Citi Bike
E 48 St & 3 Ave
0.06 miles
E 47 St & 2 Ave
0.11 miles
Contact Agents
Contact Agents
Brock Emmetsberger
B6 Real Estate Advisors
Thomas Gammino
B6 Real Estate Advisors
Alex Woodlief
B6 Real Estate Advisors
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: 26136TH
Find home. Discover happiness.