Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
232 E 68TH Street
Interested in this property?
Active For Sale Multi Family

$7,500,000

$1,250 per sq ft

232 E 68TH Street

Lenox Hill, Manhattan

MLS® #RLS20088868

RLS at REBNY

Listing by Corcoran Group

4

Bedrooms

5.5

Baths

6,000

Sq. Ft.

1899

Year Built

Quick Summary

Bedrooms 4
Bathrooms 6 full, 2 half
Living Area 6,000 sq ft
Lot Size 1,823.64 sq ft
Year Built 1899
Ownership None
Property Taxes $82,944/yr
Neighborhood Lenox Hill
Floor 1 of 5

Property Highlights

  • Views: Other
  • Fireplace: 1 fireplace
  • Climate Control: Other

Property Details

Type Multi Family
Ownership None
Total Rooms 6
Baths 5 Full, 2 Half
Floor 1 of 5
View Other
Cooling Other
Pets Yes
Year Built 1899
Living Area 6,000 sq ft
Structure Type Townhouse
Basement Other
Lot Size 1,823.64 sq ft
Parcel # 1422-0136
Block/Lot 01422/0136

Listing History

Event Date Price Change
Listed May 28, 2026 $7,500,000 -
Currently May 28, 2026 $7,500,000 -

Description

Located on one of the Upper East Side's most historic and pristine townhouse blocks, 232 East 68th Street is a beautifully appointed, 18ft wide, two-family townhouse featuring a gated arrival and brand-new facade. Offering approximately 6,000 square feet of interior space plus 490 square feet of exterior, and three separate entrances, the home is as versatile as it is distinguished - currently configured as an owner's triplex plus a duplex rental above yet easily reimagined as a magnificent single-family residence or community facility property.

The owner's triplex residence is anchored by a dramatic south-facing formal living room with floor-to-ceiling sliding glass doors that open directly onto a sun-drenched, private garden - a true urban sanctuary. A formal dining room with a wood-burning fireplace and custom built-ins sets the stage for elegant entertaining, while a chef's kitchen features a breakfast bar and premium appliances including a Viking four-burner range, Bosch dishwasher, and Sub-Zero refrigerator. The lower level offers a flexible recreation room nearly 60 ft in length with separate street entrance and natural light from a skylight above - ideal for a home workspace or low-traffic professional use, and an excellent fit for an architect, designer, therapist, or practitioner who values the privacy of incoming and outgoing guests. A dedicated laundry room, wine storage, and extensive built-in storage complete this level. Central air with multi-zones, elegant hardwood floors, and extensive custom storage exist throughout the home.

Above the main living/dining floor, the upper story of the owner's triplex boasts 10.5ft ceilings and is devoted entirely to bedrooms, including a spacious primary suite with a generous walk-in closet and 5-piece sandstone-clad ensuite bath, a second bedroom, and an additional full bath - providing a quiet, private retreat well removed from the home's main entertaining and working spaces.

The upper duplex, accessible via its own private gated entrance, arrives to a marble foyer and is currently rented to a market rate tenant. The third floor presents a sun-filled living room with a fireplace, an adjoining den, expansive kitchen, formal dining room, powder room, and laundry. The fourth floor houses a skylight, generously sized primary suite with a five-fixture spa-like bath and a wall of custom closets plus private balcony, a second bedroom, a home office or optional third bedroom and additional full bath.

For the visionary buyer or investor, the property offers significant upside. With buildable rights of 8,500 square feet for residential use and 10,500 square feet for community facility use, it holds strong potential for future expansion or conversion to a medical, educational, or nonprofit facility. Set on one of the Upper East Side's most coveted blocks, 232 East 68th Street enjoys an incredibly convenient and accessible location, with effortless access to schools, world-class museums, exceptional restaurants, art galleries, and the boutiques on Madison Avenue. Whether enjoyed as a magnificent private residence, a turnkey investment, or a sophisticated hybrid of home and workspace, this is an exceptional offering in one of Manhattan's most desirable neighborhoods.

Features & Amenities

Interior Features

Smoke Free In Unit Fireplace (1)

Exterior Features

Private Outdoor Space Over60 Sqft

Building Amenities

Green Building

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 1
Stories 5
Structure Townhouse

Financial Details

RE Taxes $82,944/yr ($6,912/mo)

Lenox Hill occupies a residential section of the Upper East Side, defined by proximity to Central Park, major medical institutions (Memorial Sloan Kettering, Weill Cornell, Lenox Hill Hospital), and the Madison Avenue retail corridor. Housing stock ranges from large pre-war cooperatives to modern condominiums with East River and skyline views.

Lenox Hill Live Market Data

View Neighborhood

Active Listings

649

Median Asking Price

$1.41M

Median $/Sqft

$1,466

Avg Days on Market

N/A

New This Week

39

Price Reduced

32%

Sold (30 Days)

36

Median Sale Price

$1.20M

Live data from RLS at REBNY • Updated 5/28/26, 4:25 PM EST

Similar Listings in Lenox Hill

View All

Location

Loading map...

232 E 68TH Street, Lenox Hill, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1925
Year Built
101 years old
2
Floors
1
Residential Units
R4B
Zoning District
One Family Dwellings

Tax & Assessment

Assessed Value: $70,320
Land Value: $16,500
Exemptions: $0

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

Lot Area: 2,183 SF
Building Area: 1,594 SF
Built FAR: 0.73
Allowed FAR: 1

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 annual property tax is $82,944, or roughly $6,912 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 5 full bathrooms and 2 half bathrooms.

The listed interior living area is 6,000 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

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $7,500,000 for 6,000 sq ft, the asking price per square foot is approximately $1,250. 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: RLS20088868
First Listed: 5/5/2026
On Market: 5/28/2026
Contract Date: 5/5/2026

Listing Courtesy of Corcoran Group - Tara King Brown

Listing Contact: (917) 371-0551

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 5/28/2026 at 8:25 PM UTC

Buying Multi-Family? Start Here

2–4 Unit Multi-Family Investing in NYC

Cap rates, financing, and what to look for in small multifamily.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized, including what to budget for.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

Call Text Email