Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Sold on 2/11/2026 for $2,300,000

248 E 33RD Street
Closed For Sale Multi Family

$2,300,000

$624 per sq ft

248 E 33RD Street

Kips Bay, Manhattan

MLS® #RLS20030989

RLS at REBNY

Listing by Leslie J Garfield & Co Inc

5

Bedrooms

5

Baths

3,686

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 5
Bathrooms 5
Living Area 3,686 sq ft
Lot Size 1,258 sq ft
Year Built 1910
Ownership None
Property Taxes $53,352/yr
Neighborhood Kips Bay
Floor 1 of 1

Property Highlights

  • Views: Other
  • Character: Pre-war building (1910)

Property Details

Type Multi Family
Ownership None
Total Rooms 10
Baths 5 Full
Floor 1 of 1
View Other
Pets Yes
Year Built 1910
Living Area 3,686 sq ft
Structure Type Townhouse
Furnished Unfurnished
Basement Other
Lot Size 1,258 sq ft
Parcel # 0913-0039
Block/Lot 00913/0039

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

Smoke Free In Unit

Building Amenities

Green Building

Building Information

Total Units -1
Stories 1
Structure Townhouse

Financial Details

RE Taxes $53,352/yr ($4,446/mo)
Original Price $3,495,000
Sale Price $2,300,000
Previous Price $2,995,000

Kips 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 charming 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 Neighborhood

Active Listings

98

Median Asking Price

$855K

Median $/Sqft

$1,779

Avg Days on Market

N/A

New This Week

11

Price Reduced

37%

Sold (30 Days)

16

Median Sale Price

$880K

Live data from RLS at REBNY • Updated 2/16/26, 7:03 PM EST

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Location

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248 E 33RD Street, Kips Bay, New York County

MLS® ID: RLS20030989
First Listed: 6/13/2025
On Market: 6/13/2025
Price Changed: 2/11/2026
Closed: 2/11/2026
Contract Date: 6/13/2025

Listing 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.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 2/17/2026 at 12:03 AM UTC

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