SOLD FOR $2,300,000
· Closed February 11, 2026
248 E 33RD Street
MLS® #RLS20030989
Listing by Leslie J Garfield & Co Inc
5
Bedrooms
5
Baths
3,686
Sq. Ft.
1910
Year Built
Quick Summary
Property Highlights
- Views: Other
- Character: Pre-war building (1910)
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jun 13, 2025 | $3,495,000 | - |
| Price Reduced | Feb 11, 2026 | $2,995,000 | -14.3% |
| Currently | May 1, 2026 | $2,300,000 | -23.2% |
Description
This 17-foot-wide multi-family townhouse on a tree-lined block the borders Kips Bay & Murray Hill features an owners triplex with two private outdoor spaces and two fully renovated one-bedroom units, each with outdoor access. The triplex includes 3 bedrooms, 3.5 baths, a windowed kitchen and dining area opening to a large terra cotta-tiled deck, a living room with exposed brick and fireplace, two upper-level bedrooms with en suite baths and laundry, and a top-floor primary suite with fireplace, marble bath, private terrace, and access to a full roof deck with sweeping city views, including the Empire State Building. One rental unit offers a south-facing terrace; while the other includes a 500 sq ft private garden. Ideal for live-with-income, investment, or conversion to single-family. Mixed-use zoning allows for ground floor commercial use. Located outside the historic district with approx. 9,272 total buildable square feet (5,500+ remaining), C1-8A zoning allows for future expansion or redevelopment subject to City approval. Close to Grand Central, major medical institutions such as NYU Hospital, FDR Drive, and top Midtown dining and retail, this property offers exceptional value, flexibility, and upside. 248 East 33rd Street will be delivered vacant. ALL-CASH OFFERS ENCOURAGED.
Features & Amenities
Interior Features
Building Amenities
Building Information
Financial Details
About Kips Bay
View All Kips Bay ListingsKips Bay is a relaxed and highly convenient residential neighborhood located on the East Side of Manhattan. Known for its mix of mid-century high-rises and historic brick townhouses, it offers a more approachable price point than its neighbors to the north and south. Residents enjoy proximity to the East River Esplanade, a variety of local dining options, and easy access to the city's major medical centers and Midtown business hubs.
Kips Bay Live Market Data
View NeighborhoodActive Listings
131
Median Asking Price
$850K
Median $/Sqft
$1,471
Avg Days on Market
N/A
New This Week
6
Price Reduced
30%
Sold (30 Days)
18
Median Sale Price
$793K
Live data from RLS at REBNY • Updated 5/1/26, 3:29 AM EST
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Location
248 E 33RD Street, Kips Bay, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $53,352, or roughly $4,446 per month. Verify the current assessment with your attorney before closing.
This property has 5 bedrooms and 5 full bathrooms.
The listed interior living area is 3,686 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1910, making it approximately 116 years old.
This listing is None
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $2,300,000 for 3,686 sq ft, the asking price per square foot is approximately $624. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Leslie J Garfield & Co Inc - Matthew S Lesser
Listing Contact: (212) 371-8200
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 5/1/2026 at 7:29 AM UTC