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248 E 32nd St New York, NY 10016

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For Sale
$4,950,000

Free market building with seven residential units in Murray Hill.

Type:Multifamily
Property size:
2,400 SF
Added:
Apr 3, 2026
Days on Market:
20
Last Refresh:
Apr 3 at 5:11 am

Property Features for 248 E 32nd St

General Information

Standard status
Active
Size
2,400 SF
Property subtype
Multifamily

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Listing Contact
Joe Koicim
Joe Koicim

Listing agent Joe Koicim License #NY: 10301208718

Listing office New York City Office

Listing date Apr 3, 2026

Source Marcusmillichap

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

All listing content including descriptions, pricing, images are the copyrighted material of New York City Office


Overview

Murray Hill Multifamily Property

This 25-foot-wide multifamily property is located in the Murray Hill neighborhood. The building contains seven free market residential units. Six of the units are renovated one-bedroom apartments. The remaining unit is a 2,400 square foot triplex with three bedrooms and three bathrooms. The triplex includes three south-facing windows, a fireplace, and a private garden of approximately 1,200 square feet. The property is in tax class 2B. The building is suitable as a cash-flowing asset or a live-plus income opportunity. The deregulated status of the building allows for potential rental growth. The triplex with a private garden makes the building suitable for an owner occupant looking to generate income from the other six apartments. The property is located a few blocks from the 6 train and across from Fairway Market and Trader Joes.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Law Firm Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

Location Insight

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  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9471432
Latitude
40.6446081

FAQs

What type of property is this?
Apartment building - Free market building with seven residential units in Murray Hill.
Where is this apartment building located?
The property is located at 248 E 32nd St New York, NY.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Completely free market building in booming Murray Hill, offering significant rental growth potential and inflation hedge.; Desirable 2,400 sq ft triplex with 3 bedrooms, 3 bathrooms, fireplace, and a 1,200 sq ft private garden, ideal for live‑plus income.; Prime location directly across from Fairway Market and Trader Joe's, and two blocks from the 6 train.
More about this property
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