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    248 E 33Rd St New York, NY 10016

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    For Sale
    $2,995,000

    Multifamily property for sale in New York, NY.

    Lot size:
    1,233.00 Acres

    Property Features for 248 E 33Rd St

    General Information

    Lot size
    1,233.00 Acres

    Building Details

    Year built
    1910
    Source: Elliman

    Listing Agent: Michael E Pinchasick

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Property in New York

    A multifamily property is available for sale. The list price is $2,995,000.
    Location Intelligence

    Current Use by Public Records

    Robert Ritter Agency Insurance Agency

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Law Firm Nail Salon Food Market Grocery Store Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.976878
    Latitude
    40.744215

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    FAQs

    What type of property is this?
    Multifamily property - Multifamily property for sale in New York, NY.
    Where is this multifamily property located?
    The property is located at 248 E 33Rd St New York, NY.
    What is the asking price?
    The asking price for this property is $2,995,000.
    What are key features of this property?
    This property features: - Historic Charm: Built in 1910, offering unique character and architectural details.; - Affordable Price: Listed at $11, making it an exceptionally accessible investment.; - Unique Opportunity: A rare chance to own property at such a low price point.
    (516) 978-4831
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    248 E 33Rd St New York, NY 10016
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    New York, NY 10016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    248 E 33Rd St New York, NY 10016
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