240 East 47th Street 19-B Turtle Bay New York NY 10017
240 East 47th Street 19-B Turtle Bay New York NY 10017
240 East 47th Street 19-B Turtle Bay New York NY 10017
240 East 47th Street 19-B Turtle Bay New York NY 10017
240 East 47th Street 19-B Turtle Bay New York NY 10017
240 East 47th Street 19-B Turtle Bay New York NY 10017
240 East 47th Street 19-B Turtle Bay New York NY 10017
240 East 47th Street 19-B Turtle Bay New York NY 10017
240 East 47th Street 19-B Turtle Bay New York NY 10017
240 East 47th Street 19-B Turtle Bay New York NY 10017
240 East 47th Street 19-B Turtle Bay New York NY 10017
240 East 47th Street 19-B Turtle Bay New York NY 10017
240 East 47th Street 19-B Turtle Bay New York NY 10017
240 East 47th Street 19-B Turtle Bay New York NY 10017
240 East 47th Street 19-B Turtle Bay New York NY 10017
240 East 47th Street 19-B Turtle Bay New York NY 10017
240 East 47th Street 19-B Turtle Bay New York NY 10017
240 East 47th Street 19-B Turtle Bay New York NY 10017

Dag Hammarskjold Tower

240 East 47th Street, 19-B

Turtle Bay | NY
Third Avenue & Second Avenue

$ 1,425,000
Active
Status
5
Rooms
2
Bedrooms
2
Bathrooms
1,183/110
ASF/ASM
$ 1,557
Real Estate Taxes [Monthly]
$ 1,732
Common Charges [Monthly]
90%
Financing Allowed

Description

***** INVESTOR UNIT- TENANT IN PLACE UNTIL 2027 ***** Turnkey Investment in Midtown East! Apartment 19B at 240 East 47th Street presents a rare chance to own an income-producing condominium with a 3.5% cap rate. With a tenant already in place, this high-floor 2 -bedroom 2 full bath offers both immediate returns and long-term appreciation potential. This spacious residence features a sun-filled living/dining room, a separate galley kitchen, hardwood floors, and abundant closet space. Oversized windows provide open city views and great light throughout the day — features that enhance renter appeal. Investment Highlights: Solid 3.5% cap rate Tenant in place until June 2027 – instant rental income Investor-friendly condo with flexible leasing policies Strong rental demand in Midtown East Building Amenities (Dag Hammarskjöld Tower): 24-hour doorman & concierge State-of-the-art fitness center Landscaped roof deck with panoramic city views On-site laundry facilities Resident manager & staff Pet-friendly Garage access Location: Perfectly situated in Midtown East near the United Nations, Grand Central, and multiple subway lines, 240 East 47th offers convenience for professionals and international tenants alike. Surrounded by top dining, shopping, and the East River esplanade, this is a consistently high-demand rental location. Additional Details: Low carrying costs relative to rental income Condo purchase – no board approval
***** INVESTOR UNIT- TENANT IN PLACE UNTIL 2027 ***** Turnkey Investment in Midtown East! Apartment 19B at 240 East 47th Street presents a rare chance to own an income-producing condominium with a 3.5% cap rate. With a tenant already in place, this high-floor 2 -bedroom 2 full bath offers both immediate returns and long-term appreciation potential. This spacious residence features a sun-filled living/dining room, a separate galley kitchen, hardwood floors, and abundant closet space. Oversized windows provide open city views and great light throughout the day — features that enhance renter appeal. Investment Highlights: Solid 3.5% cap rate Tenant in place until June 2027 – instant rental income Investor-friendly condo with flexible leasing policies Strong rental demand in Midtown East Building Amenities (Dag Hammarskjöld Tower): 24-hour doorman & concierge State-of-the-art fitness center Landscaped roof deck with panoramic city views On-site laundry facilities Resident manager & staff Pet-friendly Garage access Location: Perfectly situated in Midtown East near the United Nations, Grand Central, and multiple subway lines, 240 East 47th offers convenience for professionals and international tenants alike. Surrounded by top dining, shopping, and the East River esplanade, this is a consistently high-demand rental location. Additional Details: Low carrying costs relative to rental income Condo purchase – no board approval

Listing Courtesy of R New York

Features

A/C [Central]
Balcony
Washer / Dryer

View / Exposure

City Views
North, South, West Exposures

Building Details

240 East 47th Street 19-B Turtle Bay New York NY 10017
Condo
Ownership
High-Rise
Building Type
Full Service
Service Level
Attended Elevator
Access
Pets Allowed
Pet Policy
1320/7501
Block/Lot
Post-War
Age
1983
Year Built
45/220
Floors/Apts

Building Amenities

Bike Room
Common Storage
Courtyard
Garage
Garden
Health Club
Laundry Room
Party Room
Playroom
Pool
Roof Deck
Sauna
Steam Room

Building Statistics

$ 1,115 APPSF

Closed Sales Data [Last 12 Months]

Contact

License Licensed As: Chad Kessler
Chad Kessler

Chad Kessler

License Licensed As: Chad Kessler

Licensed Associate Real Estate Broker

Mortgage Calculator

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Loan Amount

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 REBNY Listing Service, Inc. All rights reserved. All information is intended only for the Registrant’s personal, non-commercial use. RLS Data display by New Millennium Real Estate Corp.. 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.
Listing ID: 782531