Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $394,000

· Closed February 28, 2024

235 E 49th Street #1E
Closed For Sale Co-op

$394,000

$574 per sq ft

235 E 49th Street #1E

Midtown East, Manhattan

MLS® #RLS10936512

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

686

Sq. Ft.

1927

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 686 sq ft
Year Built 1927
Ownership Co-op
Maintenance $1,682/mo
Neighborhood Midtown East
Floor 1 of 11

Property Highlights

  • Character: Pre-war building (1927)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 1 of 11
Pets Yes
Year Built 1927
Living Area 686 sq ft
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Parcel # 1323-0015-00235-000-000001E
Block/Lot 01323/0015

Listing History

Event Date Price Change
Listed Oct 4, 2023 $425,000 -
Price Reduced Feb 29, 2024 $399,000 -6.1%
Currently Jun 2, 2026 $394,000 -1.3%

Description

A quiet and unique home across the street from the Turtle Bay Gardens Historic District, 235 East 49th Street, 1E is a lofted studio with 13-foot ceilings, a renovated kitchen and bathroom, hardwood floors, and oversized windows. The home offers two storage lofts, three large closets, a separate office nook, and close to 700 square feet of living space. Lovely architectural and practical details punctuate the main living space in 1E. In addition to the 13-foot ceilings, recessed lighting, an artistic ceiling fan and wall sconces create texture and life in this space. There is a tucked away corner for sitting or reading, and ample room for a separate six-person dining area, which has its own overhead light fixture. The kitchen features granite countertops, new appliances from Miele and Bosch including a full-size range and a dishwasher, and is equipped with plenty of cabinet space. Across from the kitchen, the oversized bathroom includes additional closet space, a soaking tub, and stone walls and flooring. The stone basin sink, open shelving, and floor mosaic create both a serene and functional space. The full-height lofted space includes a sleeping nook, with built-in sconces and room for a queen bed, another storage space, and a versatile office or lounge space. Built in 1927, 235 East 49th Street is a former monastery that is now a 75-unit cooperative. The building has a laundry room, a landscaped roof deck with open views, a live-in super, and a part-time doorman, 7:30am to 11:30pm. *All dimensions are approximate*

Features & Amenities

Interior Features

High Ceilings Common On Floor Common Area Flooring: Hardwood

Building Information

Building Data View Compliance & Permits
Total Units 75
Stories 11
Structure HighRise

Financial Details

Maintenance $1,682/mo
Original Price $425,000
Sale Price $394,000
Previous Price $399,000

Midtown East is a dynamic hub that is 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 historic 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 Neighborhood

Active Listings

229

Median Asking Price

$1.59M

Median $/Sqft

$1,765

Avg Days on Market

N/A

New This Week

8

Price Reduced

23%

Sold (30 Days)

9

Median Sale Price

$1.74M

Live data from RLS at REBNY • Updated 6/1/26, 9:31 PM EST

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Location

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235 E 49th Street #1E, Midtown East, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1927
Year Built
99 years old
11
Floors
75
Residential Units
R8B
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $8,158,050
Land Value: $2,439,900
Exemptions: $20,610

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 9,037 SF
Building Area: 73,800 SF
Built FAR: 8.17
Allowed FAR: 4

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,682 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 686 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1927, making it approximately 99 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pet policy requires confirmation with the listing broker.

At the current list price of $394,000 for 686 sq ft, the asking price per square foot is approximately $574. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10936512
First Listed: 10/26/2023
On Market: 10/4/2023
Price Changed: 2/29/2024
Closed: 2/28/2024
Contract Date: 10/2/2023

Listing Courtesy of Compass - Nicholas Gavin

Listing Contact: (646) 610-3055

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.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 6/2/2026 at 1:31 AM UTC

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