246 East 49th Street

Midtown East

$7,000,000
Last Sold Price
7
Beds
3
Baths
1
1/2 Bath
5,690 Sq. Ft.
$1,230 / Sq. Ft.
5,690
Sq. Ft.
$1,230
per Sq. Ft.

Description

246 East 49th Street is an opportunity for a discerning buyer to own the long-term residence of one of Broadway’s most celebrated composers and lyricists.
This townhouse sits among the 20 historic homes that comprise Turtle Bay Gardens, the coveted enclave situated on 48th and 49th Streets between Second and Third Avenues. Created in 1920 from a collection of 1860’s townhouses, the homes share a private communal garden accessible only from one of these storied homes. Previous owners of these homes
...246 East 49th Street is an opportunity for a discerning buyer to own the long-term residence of one of Broadway’s most celebrated composers and lyricists.

This townhouse sits among the 20 historic homes that comprise Turtle Bay Gardens, the coveted enclave situated on 48th and 49th Streets between Second and Third Avenues. Created in 1920 from a collection of 1860’s townhouses, the homes share a private communal garden accessible only from one of these storied homes. Previous owners of these homes have included Katharine Hepburn, Garson Kanin, Robert Gottlieb and Maxwell Perkins, to name a few.

Enter this 19-foot wide townhouse through a wrought-iron gated forecourt which leads to a wood-paneled foyer with a midnight-blue tiled barrel-vaulted ceiling. The foyer opens into the grand-scale living room, which stretches to 32 feet and provides the perfect setting for gracious living and lavish entertaining.

The living room features chevron-patterned wood floors with mahogany inlay and back-lit built-ins. Beyond the living room is the formal dining room, a unique feature of the homes at the four corners of the Gardens. Floor-to-ceiling windows, period mouldings and French doors leading directly into the Garden grace this magnificent room. The renovated chef's kitchen, also on the first floor, features custom steel glass-fronted cabinetry, stainless steel counters and backsplash and a commercial-grade 8-burner range with vented hood.

The music studio on the second floor features a music library, wood-burning fireplace and baby grand piano. A gorgeous solarium with a dramatic wood arch and stained-glass windows original to the house leads onto an expansive 30-foot terrace that overlooks the Gardens. Opposite the studio is an additional bedroom or office which also has custom-built cabinetry and wood-burning fireplace. A powder room completes the second floor.

The third floor features two grandly-proportioned bedrooms, one with a wood-burning fireplace and en suite bath. A fully-renovated kitchen with Sub Zero fridge and Miele appliances sits between the two bedrooms.

The primary suite encompasses the entire fourth floor with a grand-scale bedroom that boasts custom built-ins, wood-burning fireplace and en suite bath with a separate shower and deep soaking tub. A large-scale dressing room with windows overlooking 49th Street completes the primary suite.

The fifth floor features a floor-through studio apartment with kitchenette and setback terrace that offers a spectacular view of the Gardens. The newly-renovated bath has floor-to-ceiling tiling and a large rain shower.

The cellar is finished, dry and outfitted with laundry and abundant storage. It also houses the mechanicals for the residence.

Additional features of this home include multi-zone central AC, solid wood floors – different on every level -- and restored historic details throughout.

246 East 49th Street is located in New York’s Turtle Bay Gardens Historic District, a neighborhood central to every part of Manhattan. The best options for cosmopolitan living include proximity to fine dining, excellent shopping, galleries and all modes of transportation, including Grand Central Terminal.

Listing Agents

  1. Michael J. Franco

    Michael J. Franco

    Listing Agent

    Compass

    mfranco@compass.com

    P: 917.817.4122

  2. Miriam Richards

    Miriam Richards

    Alternative Listing Agent

    Compass

  3. Greg Holzmann

    Greg Holzmann

    Alternative Listing Agent

    Compass

  4. Veronica Hinman

    Veronica Hinman

    Alternative Listing Agent

    Compass

Amenities

  • Street Scape
  • Private Terrace
  • Private Patio
  • Patio
  • Common Garden
  • Working Fireplace
  • Crown Mouldings
  • Built-Ins

Location

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LISTING UPDATED: 11/29/2023 04:25 PM

Property Details for 246 East 49th Street

StatusSold
Days on Market35
Taxes$5,896 / month
Maintenance-
Min. Down Pymt-
Total Rooms12.0
Compass TypeTownhouse
MLS TypeHouse/Building
Year Built1899
Lot Size1 SF / 19' x 100'
CountyNew York County

Building

246 E 49th St

1 Units5 StoriesBuilt in 1899

Location

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Virtual Tour

Building Information for 246 East 49th Street

Stories5Year Built1899Building Size19' x 48'Building Sq. Ft4,560 SFLot Size1 SF / 19' x 100'Building Age-Building Type-Senior CommunityNo

Payment Calculator

$44,098 per month

30 year fixed, 7.25% Interest

Principal and Interest

$38,202

Property Taxes

$5,896

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 246 East 49th Street

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 246 East 49th Street

Taxable ValueLand$211,680Additions$230,220Total$441,900
Home Facts
Total Finished SqFt4,560 SqFtLot Size1,908 SqFtYear Built1899ZoningR8BAPN1013220031

Schools near 246 East 49th Street

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 59 Beekman Hill International
PublicPK to 5

Nyc Lab Ms For Collaborative Studies
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Jhs 104 Simon Baruch
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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