Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
245 E 52ND Street #TWHOUSE
Interested in this property?
Active For Sale Triplex

$3,588,000

$604 per sq ft

245 E 52ND Street #TWHOUSE

Turtle Bay, Manhattan

MLS® #RLS20089009

RLS at REBNY

Listing by Corcoran Group

8

Bedrooms

4.5

Baths

5,940

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 8
Bathrooms 5 full, 2 half
Living Area 5,940 sq ft
Year Built 1930
Ownership None
Neighborhood Turtle Bay
Floor 6 of 6

Property Highlights

  • Views: City Lights, City, Panoramic
  • Exposure: North,South facing
  • Outdoor Space: Patio

Property Details

Type Triplex
Ownership None
Total Rooms 13
Baths 4 Full, 2 Half
Floor 6 of 6
View City Lights, City, Panoramic
Exposure North,South
Pets Yes
Year Built 1930
Living Area 5,940 sq ft
Architectural Style WalkUp
Basement Other
Parcel # 1326-0118
Block/Lot 01326/0118

Listing History

Event Date Price Change
Listed May 5, 2026 $3,588,000 -
Currently May 6, 2026 $3,588,000 -

Description

Tucked along a charming stretch of Midtown East, 245 East 52nd Street presents a rare and highly flexible townhouse opportunity-thoughtfully configured as two expansive triplex residences, one occupying the lower floors and the other the upper. This "smart split" layout offers a natural balance: ideal for an owner seeking a live-with-income setup, a multigenerational residence, or an investor looking for strong, adaptable cash flow.

Each triplex lives like a true home rather than a typical apartment. The lower residence enjoys a grounded, private feel with seamless access to outdoor space, while the upper triplex rises above the city with light, air, and skyline perspectives. Both units benefit from generous proportions, multiple bedrooms, and a sense of separation that makes them equally compelling in their own right.
A standout feature-rare even among townhouses-is the commercial-grade elevator, providing effortless access to every level of the home. It's a quiet but powerful advantage, opening the door to a wide range of uses, from luxury rental configurations to a seamless single-family conversion.

What makes this property particularly compelling is its versatility. Keep the current two-unit layout and enjoy immediate usability, or reimagine the entire building into a grand single-family residence.

In a neighborhood defined by proximity-to the United Nations, Midtown offices, and the East River-this townhouse sits at the intersection of convenience and opportunity. Whether you're an end-user, investor, or developer, 245 East 52nd Street offers a canvas that adapts to your vision, with scale, infrastructure, and flexibility already in place.


Elevatored Midtown East Townhouse with Income & Transformational Potential
Introducing a rare 6-story elevatored townhouse in the heart of Turtle Bay, offering approximately 5,940 square feet plus a full basement, private garden, and rooftop terrace.
Currently configured as a two-family residence with two expansive triplex homes , each residence features:

  • 4 bedrooms
  • 2.5 bathrooms
  • Entertaining spaces
  • Excellent light
This unique layout creates the ideal live-with-income opportunity , while also presenting a clear path to convert into a spectacular single-family residence .

Outdoor Living
  • Private garden - perfect for entertaining or quiet retreat
  • Rooftop terrace with open Midtown views
Why This Is a Smart Buy
  • market entry point
  • Immediate income potential
  • Significant upside through repositioning
  • Flexible use - adapt to your lifestyle or investment goals
Value-Add & Repositioning Opportunities
  • Convert to a luxury single-family townhouse
  • Maintain as two high-end duplex/triplex residences
  • Live in one unit and generate income from the other
  • Create a live + work residence
  • Upgrade interiors to push rents higher
  • UN/Mission/Embassy/Office Space (commercial elevator in place)
Ideal For
  • End-users seeking space + income
  • Buyers looking to create a custom townhouse
  • Investors seeking a value-add opportunity in Midtown East
  • International buyers looking for a prime NYC asset
  • 1031 Exchange
Located in Midtown East's Turtle Bay, moments from:
  • United Nations Headquarters
  • Grand Central Terminal
  • Chrysler Building
  • JP Morgan Headquarters and many more
Why it works:
Hard asset in global city
Multiple uses (rare)
Underpriced basis
Income day 1
Upside without risk of vacancy
THIS is flexible + safe + scalable

Features & Amenities

Interior Features

Building Other Washer Hookup In Unit Fireplace (1)

Exterior Features

Private Outdoor Space Over60 Sqft Patio

Building Amenities

Elevators

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 6
Style WalkUp

Turtle Bay is a refined and diplomatic corridor, home to the United Nations Headquarters and numerous international consulates. The neighborhood is famous for the historic Turtle Bay Gardens and its tree-lined streets. Real estate in Turtle Bay offers a wide selection, from elegant pre-war townhouses to modern luxury condominiums that provide a low-traffic residential atmosphere just steps away from the bustle of Midtown.

Turtle Bay Live Market Data

View Neighborhood

Active Listings

191

Median Asking Price

$1.05M

Median $/Sqft

$1,464

Avg Days on Market

N/A

New This Week

16

Price Reduced

37%

Sold (30 Days)

12

Median Sale Price

$985K

Live data from RLS at REBNY • Updated 5/6/26, 12:44 AM EST

Recently Sold in Turtle Bay

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Location

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245 E 52ND Street #TWHOUSE, Turtle Bay, New York County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1995
Year Built
31 years old
2
Floors
M1-2D
Zoning District

Tax & Assessment

Assessed Value: $165,600
Land Value: $24,300
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,803 SF
Building Area: 2,799 SF
Built FAR: 1.55
Allowed FAR: 1.5

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

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.

This property has 8 bedrooms and 4 full bathrooms and 2 half bathrooms.

The listed interior living area is 5,940 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1930, making it approximately 96 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

At the current list price of $3,588,000 for 5,940 sq ft, the asking price per square foot is approximately $604. 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) 416-7433
MLS® ID: RLS20089009
First Listed: 5/5/2026
On Market: 5/5/2026
Price Changed: 5/5/2026
Contract Date: 5/5/2026

Listing Courtesy of Corcoran Group - Spencer Ting

Listing Contact: (917) 301-1184

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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/6/2026 at 4:44 AM UTC

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