RENTED AT $25,000/mo
Listed at $30,000/mo · Rented 16.7% below asking · Leased March 4, 2026
242 E 49th Street
MLS® #RLS20057937
Listing by Yoreevo LLC
NYC FARE Act Notice: Under NYC Local Law 119 (effective June 2025), if the landlord hired the broker, the tenant is not responsible for the broker fee. Ask about fee responsibility before scheduling a viewing.
5
Bedrooms
6.5
Baths
5,395
Sq. Ft.
1900
Year Built
Quick Summary
Property Highlights
- Exposure: North,South facing
- Outdoor Space: Balcony
- Character: Pre-war building (1900)
Property Details
Description
Sunny, refined, and move-in ready with fresh updates to every floor, this single-family townhouse rental offers every desirable amenity. 242 East 49th Street, once home to Bob Dylan, boasts five bedrooms including a full floor master suite with a balconied bath and steam room, a stone-tiled kitchen full of top-of-the-line appliances, library and an elevator. It is a blank slate ready to accommodate any lifestyle with unique New York City outdoor spaces. In addition to a parlour floor terrace and spacious South-facing rear yard, the townhouse has private access to Turtle Bay Gardens. The exclusive oasis is akin to entering Wonderland where residents can stroll a lush lane and enjoy several Roman-inspired fountains throughout.
Garden Floor:
Through the main entrance you reach the stone-tiled foyer. On the left is the renovated kitchen with stone flooring and counters, mosaic backsplashes, and deluxe appliances including a 6-burner Wolf range and stainless-steel Sub-Zero refrigerator. A powder room and elevator are nearby. On your right is a spacious walk-through pantry and china cabinet leading to the formal dining room. Three tall arch-top windows drench this room in sun, while an arch-top glass door opens out to the garden.
The flagstone patio is the ideal place for a summer dinner or cocktail hour. On your right, brick steps curve up to the second story terrace, creating a bi-level outdoor entertaining area. Ascend a few stone steps and swing open a low wooden gate to enter Turtle Bay Gardens. Stroll down the central path and experience the silence and relaxation of this private park.
Parlour Floor:
Up the stairs and through arch-top doors you reach the parlour level library. A decorative fireplace, built-in floor-to-ceiling bookshelves, and French windows combine to make this the library of any bibliophiles dreams. The rear parlour is an ideal entertaining space with soaring ceilings, a decorative fireplace, shining hardwood flooring, and a floor-to-ceiling mirror. Three sets of graceful French doors open onto the Mediterranean terrace where guests can enjoy the view of Turtle Bay Gardens, or descend curving steps to the flagstone patio and explore the Gardens firsthand.
Third Floor and Fourth Floors:
The rear guest bedrooms on the third and fourth floors have decorative fireplaces and walk-in closets and features such as french doors, Juliet balconies overlooking the gardens and gleaming hardwood floors. Adjoining each rear bedroom, a full bath with tub has been renovated with cream-colored marble. Another full bath is available in the hallway, with a glass shower and marble tile. The front bedrooms on these two levels enjoy an alcove, hardwood flooring, a fireplace, and three sun-drenched windows.
Fifth Floor:
Exit the elevator or ascend the stairs to the master suite level. The master bath is built for hours or relaxation with a Steamist steam bath sauna and Juliet balcony and a windowed dressing room with plenty of room for the most extensive wardrobe. The master bedroom has high, beamed ceilings, a decorative fireplace and three sets of French doors that open to the master terrace overlooking the garden.
Cellar:
Cellar includes a semi-finished space with a laundry room with side-by-side washer and dryer, a wood-paneled storage room, and a powder room. The building mechanicals are also stored on this level.
All dimensions are estimates. We support Fair Housing.
Features & Amenities
Interior Features
Exterior Features
Appliances
Rental Details
Available
3/4/2026
Security Deposit
$30,000
Fee Disclosure NYC FARE Act
Estimated Move-In Costs
First Month's Rent
$30,000
Security Deposit
$30,000
Application Fee
$20
Under NYC's FARE Act (Local Law 119), if the landlord hired the broker, the tenant is not responsible for the broker fee. Always confirm fee responsibility before signing.
About Midtown East
View All Midtown East ListingsMidtown East is a dynamic hub that serves as the gateway to Manhattan for many. Home to iconic landmarks like Grand Central Terminal and the Chrysler Building, the neighborhood offers unparalleled convenience for commuters and professionals. The residential landscape is a mix of high-rise luxury towers and charming side-street cooperatives, providing a wide array of options for those who want to be at the center of the city's energy.
Midtown East Live Market Data
View NeighborhoodActive Listings
218
Median Asking Price
$1.73M
Median $/Sqft
$1,656
Avg Days on Market
N/A
New This Week
7
Price Reduced
26%
Sold (30 Days)
12
Median Sale Price
$1.31M
Live data from RLS at REBNY • Updated 3/24/26, 6:03 PM EST
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Location
242 E 49th Street, Midtown East, New York County • Near 2nd Ave / 3rd Ave
Virtual Tour
Floor Plans
Floor Plan
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
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Listing Courtesy of Yoreevo LLC - James McGrath
Listing Contact: (212) 365-0151
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
RLS Data display by Keller Williams NYC. Data last updated on 3/24/2026 at 10:03 PM UTC