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  • 245 East 52nd Street, TWHOUSE
  • 13 Rooms
  • 8 Beds
  • 4.5 Baths
  • $ 3,588,000
245 East 52nd Street TWHOUSE Turtle Bay New York NY 10022
245 East 52nd Street TWHOUSE Turtle Bay New York NY 10022
245 East 52nd Street TWHOUSE Turtle Bay New York NY 10022
245 East 52nd Street TWHOUSE Turtle Bay New York NY 10022
245 East 52nd Street TWHOUSE Turtle Bay New York NY 10022
245 East 52nd Street TWHOUSE Turtle Bay New York NY 10022
245 East 52nd Street TWHOUSE Turtle Bay New York NY 10022
245 East 52nd Street TWHOUSE Turtle Bay New York NY 10022
245 East 52nd Street TWHOUSE Turtle Bay New York NY 10022
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245 East 52nd Street, TWHOUSE

Turtle Bay   |   Third Avenue & Second Avenue
Listing ID: 98834TH

  • $ 3,588,000
  • 8 Bedrooms
  • 4.5 Bathrooms
  • 5,940 Approx. SF
  • %Financing Allowed

  • Details
  • Multi-FamilyOwnership
  • $ Common Charges
  • $ 6,459Real Estate Taxes
  • ActiveStatus

245 East 52nd Street TWHOUSE Turtle Bay New York NY 10022
  • 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

    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


    Listing Courtesy of Corcoran Group
  • Contact
  • William Abramson

    License Licensed As: William D. Abramson

    Director of Brokerage, Licensed Associate Real Estate Broker

    W: 646-637-9062
    M: 917-295-7891
    • Email Me
    • Download Contact

  • View more details +

  • Features
    • A/C
    • Washer / Dryer

  • Outdoor
    • Patio

  • View / Exposure
    • City Views
    • North, South Exposures

  • Close details -
  • Contact
  • William Abramson

    License Licensed As: William D. Abramson

    Director of Brokerage, Licensed Associate Real Estate Broker

    W: 646-637-9062
    M: 917-295-7891
    • Email Me
    • Download Contact

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.