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247 E 50th Street

New York (Manhattan), NY 10022
  • $3,999,999
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 963011
$3,999,999
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1901
County:
Area:

School Ratings & Info

Description

Get This Fully Leased Four Story Commercial Property In Turtle Bay Now! @ Commercial Tenants And 2 Residential Tenants, Including A Bar/Restaurant On The First Floor, A Spa On The 2nd Floor And And A Residential Unit On Each Of The Upper 2 Floors. Each Apartment Has A Full Kitchen And Functionality. Situated Perfectly Between Green Acre Park And The 4 And 6 Subway Take Advantage Of The Always Growing NYC Market And Buy Into It At A Reasonable Price. Come Get This Extraordinary Property Before Someone Else Seizes This Fantastic Opportunity!

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© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2026-03-14T00:18:06.61.
www.nicoleburkehomes.com/homes/173160833
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247 E 50th Street New York (Manhattan), NY 10022

  • Price: $3,999,999
  • Status: Active
  • On Site: 23 Days
  • MLS #: 963011
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1901
Built
Neighborhood:
New York
County:
Manhattan
Area:
New York
Property Description
Get This Fully Leased Four Story Commercial Property In Turtle Bay Now! @ Commercial Tenants And 2 Residential Tenants, Including A Bar/Restaurant On The First Floor, A Spa On The 2nd Floor And And A Residential Unit On Each Of The Upper 2 Floors. Each Apartment Has A Full Kitchen And Functionality. Situated Perfectly Between Green Acre Park And The 4 And 6 Subway Take Advantage Of The Always Growing NYC Market And Buy Into It At A Reasonable Price. Come Get This Extraordinary Property Before Someone Else Seizes This Fantastic Opportunity!
Exterior Features

Construction Materials Brick Cross Street 3rd Avenue2nd Avenue Direction Faces South Parking Features None Parking Total 0 Property Attached YN Yes Stories 4 Stories Total 4 Waterfront YN No

Interior Features

Basement Details Unfinished Basement YN Yes Common Walls 2+ Common Walls Cooling Wall/Window Unit(s) Elevator YN No Entry Level 1

Property Features

Annual Rental Income 19637 Building Area Total 3724 Building Features Ceiling Fan(s)Walk Up Building Name 247 Business Type Mixed Electric Company Con-Edison Financial Year 2024 Gross Income 20101.69 Heating Steam Leasable Area 3724 Lot Size Area 1607 Net Operating Income 6296.88 Number Of Residential Units 2 Operating Expense 13804.81 Permitted Uses Mixed Property Sub Type Mixed Use Sewer Public Sewer Special Listing Conditions None Sprinkler System YN Yes Tax Annual Amount 55480.92 Tax Section 506 Usable Area 3724.00 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedTrash Collection PublicWater Connected Village None Water Access YN No Water Source Public Zoning R8B

Listing courtesy of Morgan A. Greene of Compass Greater NY, LLC: 914-327-2777
© 2026 OneKey MLS. All rights reserved.


© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2026-03-14T00:18:06.61.
 
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Nicole Burke, MBA | Charles Rutenberg Realty
255 Executive Drive, Suite 208
Plainview NY, 11803