Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,395,000

· Closed September 17, 2015

SOLD: 249 E HOUSTON Street
SOLD $4,395,000
Sold 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

Sale Details

Original List Price $4,395,000
First Listed At $5,500,000
Close Date September 17, 2015

Property Summary

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

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.

Property Details

Type Multi Family

Similar Active Listings in Lower East Side

View All
RLS at REBNY

Listing courtesy of Ante Jakic at Halstead dba Brown Harris Stevens Residential Sales LLC. 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. This 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.

Active Listings Contact Milton
WhatsApp Email