248 EAST 32 STREET · #MULTIFAMILY
Description
The subject property is a 25-foot-wide multifamily property located in the booming Murray Hill neighborhood. Located on one of the finest townhouse blocks, the property consists of 7 free market residential units. Of the 7 units, 6 are large beautifully renovated 1-bedroom apartments. The remaining unit is an enormous 2,400 square foot 3-bedroom, 3-bathroom triplex. The triplex features 3 south facing windows, a fireplace, and an approximate 1,200 square foot private garden. The asset can be viewed as both a cash flowing asset and live-plus income opportunity. From an investment perspective and owner will have the luxury of having a completely deregulated building, which will allow for the investor to enjoy the rapid rental growth in the neighborhood and also provide a tremendous hedge against inflation. The property is in the very attractive tax class 2B, making it ideal for a long-term cash flow investor. The properties desirable triplex with a 1,200 square foot private garden also makes the building ideal for a live-plus income investor. A new owner could live in the triplex unit while enjoy the cash flow from renting out the 6 apartments above. Located conveniently, the property is a few blocks from the 6 train and directly across from Fairway Market and Trader Joes. •25 Foot wide Multifamily Asset in Murray Hill • Completely Free Market Building • Tax Class 2B • 7 Total Residential Units • Impeccably designed, 2,400 Square foot Triplex with 3 Bathrooms and a 1,200 square foot private garden • 6 Free Market 1 Bedroom Units • Prime Cash flowing or live-plus income opportunity • Convenient Location: two blocks from 6 Train and directly across from the new Fairway Market
Price history
Every list / cut / contract / sold event we've recorded.
- price decreaseJan 19, 2026$4.95M-9.2%Price decreased 9%
- listedOct 17, 2025$5.45M0.0%Listed by Marcus & Millichap Real Estate Investment Services Inc
- delistedSep 22, 2025$5.45M0.0%Delisted by Marcus & Millichap Real Estate Investment Services Inc
- listedMay 15, 2025$5.45M-31.4%Listed by Marcus & Millichap Real Estate Investment Services Inc
- delistedJul 21, 2022$7.95M0.0%Delisted by Marcus & Millichap Real Estate Investment Services Inc
- listedMar 4, 2022$7.95MListed by Marcus & Millichap Real Estate Investment Services Inc
In-building transactions
Every recorded deed (incl. private + sponsor) for this BBL - actual prices paid.
| Recorded | Unit | Type | Price |
|---|---|---|---|
| Jul 6, 2026 | - | DEED | $4.28M |
Tighter comps
Same building, last 5 years (use to check whether ‘median’ is dragged by tiny units).
| Recorded | Unit | Type | Price |
|---|---|---|---|
| Jul 6, 2026 | - | DEED | $4.28M |
Open violations + recent permits
DOB / HPD signals for this BBL.
- A(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.Apr 29, 2026
- I§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.Nov 22, 2024
- A(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.Apr 1, 2024
- A(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.Mar 15, 2023
- I§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.Nov 2, 2022
- I§27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.Feb 15, 2022
- A(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.Feb 15, 2022
- A(A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPDS WEBSITE, WWW.NYC.GOV\HPD, SEARCH BED BUGS.Apr 1, 2021
- ISECTION27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE ?27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITED FROM CERTIFYING VIOLATIONS, AND DENIED THE RIGHT TO RECOVER POSSESSION OF PREMISES FOR NONPAYMENT OF RENT UNTIL A VALID REGISTRATION STATEMENT IS FILED.Oct 1, 2015
- EQ-EVEREST SCAFFOLDING INC
- OT-POWER CONSULTING SERVICES
- BL-BAYSIDE FUEL
- FB-BAYSIDE FUEL
- OT-CASUR CORP
- EQ-EVEREST SCAFFOLDING INC
- PL-INFINITI ESC PLUMBING COR
- OT-TREDENT CONTRACTING SERVI