SOLD FOR $7,000,000
· Closed November 29, 2023
246 E 49th Street
MLS® #RLS10919645
Listing by Compass
7
Bedrooms
3.5
Baths
5,690
Sq. Ft.
1899
Year Built
Quick Summary
Property Highlights
- Exposure: North,South facing
- Outdoor Space: Patio, Terrace
- Fireplace: 1 fireplace
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jul 11, 2023 | $7,000,000 | - |
| Currently | Jun 2, 2026 | $7,000,000 | - |
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 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.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Midtown East
View All Midtown East ListingsMidtown 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 NeighborhoodActive 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, 10:07 PM EST
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Location
246 E 49th Street, Midtown East, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.
The current listed annual property tax is $70,740, or roughly $5,895 per month. Verify the current assessment with your attorney before closing.
This property has 7 bedrooms and 3 full bathrooms and 1 half bathroom.
The listed interior living area is 5,690 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1899, making it approximately 127 years old.
This listing is None
Pet policy requires confirmation with the listing broker.
At the current list price of $7,000,000 for 5,690 sq ft, the asking price per square foot is approximately $1,230. 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) 416-7433Listing Courtesy of Compass - Michael Franco
Listing Contact: (917) 817-4122
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 Data display by Keller Williams NYC. Data last updated on 6/2/2026 at 2:07 AM UTC