Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,395,000

· Closed September 17, 2015

249 E HOUSTON Street
Closed For Sale Multi Family

$4,395,000

249 E HOUSTON Street

Lower East Side, Manhattan

MLS® #RLS10101191

RLS at REBNY

Listing by Halstead dba Brown Harris Stevens Residential Sales LLC

Studio

Bedroom

0

Bath

N/A

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Year Built N/A
Neighborhood Lower East Side

Property Highlights

  • Location: Lower East Side, Manhattan
  • Property Type: Multi Family

Property Details

Type Multi Family
Baths null Full
Parcel # 0355-0051
Block/Lot 355/51

Description

A true rarity, one of the only residences on East Houston Street, comes to the market for the first time in over 20 years. Filled with original details and charm, the 19 foot wide building is currently configured on four levels plus a sub basement with 3 apartments, one per floor. The building is currently 2799 square feet with tons of available square footage if you'd like to enlarge the building. It has been used as a home for 20 years. It can be configured into a single family residence, or live in an income generating home. For the investors, the building is currently set up into three units. In AS IS condition, the parlor floor can rent for $3,000/month, the third floor can rent for $3000/month and the fourth floor with access to roof can rent for $4000/month. With extremely low taxes of $6000 on an annual basis, this is a fantastic return!For the developers- The timing cannot be anymore perfect, with all of the new developments, new restaurants and bars coming into the neighborhood it is the ideal time to get in before you are out priced of the neighborhood. Zoning code is R8A with an overlay of C-3. FAR available is 6, 1.99 is currently being used. Boutique condominium, Trophy mansion... there are endless opportunities.

Building Information

Total Units 3

The Lower East Side (LES) is a neighborhood where New York’s storied history meets its high-end future. Known for its legendary nightlife and deep historic roots, the area has seen a dramatic transformation with the arrival of luxury towers like Essex Crossing. The housing stock is a unique mix of historic walk-up cooperatives, value-driven HDFC units, and ultra-modern condominiums that offer some of the best views in Downtown Manhattan.

Lower East Side Live Market Data

View Neighborhood

Active Listings

107

Median Asking Price

$1.20M

Median $/Sqft

$1,302

Avg Days on Market

N/A

New This Week

7

Price Reduced

34%

Sold (30 Days)

10

Median Sale Price

$1.12M

Live data from RLS at REBNY • Updated 3/27/26, 8:39 AM EST

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Location

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249 E HOUSTON Street, Lower East Side, New York County

MLS® ID: RLS10101191
First Listed: 3/24/2015
Price Changed: 6/18/2015
Closed: 9/17/2015
Contract Date: 3/24/2015

Listing Courtesy of Halstead dba Brown Harris Stevens Residential Sales LLC - Ante Jakic

Listing Contact: (718) 640-8344

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 3/27/2026 at 12:39 PM UTC

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