Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $19,750,000

· Closed August 18, 2016

238 E 15th Street

$19,750,000

$2,438 per sq ft

238 E 15th Street

Gramercy Park, Manhattan

MLS® #RLS10410276

RLS at REBNY

Listing by Compass

20

Bedrooms

20

Baths

8,100

Sq. Ft.

1850

Year Built

Quick Summary

Bedrooms 20
Bathrooms 20
Living Area 8,100 sq ft
Year Built 1850
Neighborhood Gramercy Park

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1850)

Property Details

Type Single Family Residence
Baths 20 Full
Cross Street Second Avenue/Third Avenue
Year Built 1850
Living Area 8,100 sq ft
Architectural Style Prewar
Parcel # 0896-0030
Block/Lot 896/30

Listing History

Event Date Price Change
Listed Jun 9, 2016 $19,750,000 -
Price Reduced Aug 1, 2016 $9,950,000 -49.6%

Description

Consisting of two combined, historic townhomes facing one of Downtown?s most picturesque parks, Stuyvesant Square, never before has a property of this magnitude been offered. Set within the Stuyvesant Square Historical District, just moments from Union Square, these homes were first occupied by Lewis L. Squires, a local ship chandler, and Mahlon Day, a printer and seller of children's books, and were later acquired by the Missionary Sisters in the early 1940s. These two individually impressive townhouses have been combined to create a 52-foot-wide mega-mansion of epic proportions. At 60 feet deep, and ascending five stories tall, the buildings span nearly 18,720 square feet in total (15,600 above grade and 3,120 SF in cellar) and include a spacious south-facing garden. This property is now available as an impressive single-family home unlike any other, as two separate townhouses, or as a condominium conversion. Built in 1850 in the Italianate and Greek Revival styles, many pre-war architectural details remain intact and are in excellent condition. While the Federal style doorway and window lintels have been updated, the brick facades and the rooflines' cornices, modillions and console brackets are original. The parlor floor includes majestic low-sill windows overlooking the lush park, and an elevator services all floors, which boast impressive ceiling heights throughout. Located in Gramercy Park and flanked by the East Village and Union Square, this home is at the epicenter of Lower Manhattan with superb restaurants, shopping and abundant transportation options moments away. Historic Stuyvesant Square, built in 1836 on land deeded to the city by Peter Gerard Stuyvesant, founder of the New York Historical Society, sits gracefully across the street providing scenic views and comforting open space. Zoned R-7-B, this is the perfect opportunity to renovate the property as a grand mansion or foundation, divide it into two separate townhouses or develop it as a multiple condominium residential conversion.

Building Information

Gramercy Park is one of New York City’s most storied and architecturally distinctive neighborhoods, centered around the only private park in Manhattan. The area exudes old-world charm with its gas-lit streets and impeccably preserved 19th-century architecture. While the park itself is private, the surrounding real estate offers a mix of historic brownstones, elegant pre-war cooperatives, and boutique new developments that cater to those seeking a low-traffic urban retreat.

Gramercy Park Live Market Data

View Neighborhood

Active Listings

176

Median Asking Price

$1.45M

Median $/Sqft

$1,767

Avg Days on Market

N/A

New This Week

12

Price Reduced

26%

Sold (30 Days)

14

Median Sale Price

$1.26M

Live data from RLS at REBNY • Updated 4/26/26, 9:25 PM EST

Location

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238 E 15th Street, Gramercy Park, New York County • Near Second Avenue/Third Avenue

Floor Plans

Floor Plan
Floor Plan
Floor Plan
Floor Plan
Floor Plan

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
3
Floors
6
Residential Units
R6B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $1,071,900
Land Value: $6,750
Exemptions: $0

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

Lot Area: 2,500 SF
Building Area: 4,500 SF
Built FAR: 1.8
Allowed FAR: 2

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

This property has 20 bedrooms and 20 full bathrooms.

The listed interior living area is 8,100 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1850, making it approximately 176 years old.

At the current list price of $19,750,000 for 8,100 sq ft, the asking price per square foot is approximately $2,438. 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 mcoste@kwnyc.com. 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: RLS10410276
First Listed: 6/9/2016
Price Changed: 8/1/2016
Closed: 8/18/2016
Contract Date: 6/9/2016

Listing Courtesy of Compass - Lisa Kobiolke

Listing Contact: (917) 579-2179

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 4/27/2026 at 1:25 AM UTC

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