--- title: "245 East 52ND Street #TWHOUSE, New York, NY 10022" description: "245 East 52ND Street #TWHOUSE, New York, NY 10022 — NYC real estate listing on Real Estate Rebate Team. Priced at $3,588,000. Est. potential buyer savings up to $89,700 (subject to buyer-broker compensation received, lender approval, and applicable law)." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10022/245-east-52nd-street-twhouse-TWHOUSE-ny-10022" source: "Real Estate Rebate Team" --- # 245 East 52ND Street #TWHOUSE, New York, NY 10022 > **Listing Courtesy of:** Corcoran Group ## 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 ## Property Details - **Price**: $3,588,000 - **Potential Buyer Rebate**: $89,700 - **Bedrooms**: 8 - **Bathrooms**: 4 full, 2 half - **Living Area**: 5,940 sqft - **Property Type**: Residential - **Year Built**: 1930 - **Building**: 245 East 52nd Street - **Neighbourhood**: Turtle Bay - **Area / Borough**: Manhattan - **Subdivision**: Turtle Bay - **Listing Office**: Corcoran Group - **State**: NY ## Estimated Potential Buyer Savings Real Estate Rebate Team estimates potential buyer savings of up to **$89,700** at closing. *Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.* ## Related Links - [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/manhattan/245-east-52nd-street) - [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/manhattan/turtle-bay) - [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact) --- > This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. > 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 The Real Estate Board of New York, Inc., All rights reserved.