Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
116 E 70TH Street

For Sale · Listing by Leslie J Garfield & Co Inc

116 E 70TH Street

Lenox Hill, Manhattan

$22,500,000

Interested in this property?

$22,500,000

$3,462 per sq ft

116 E 70TH Street

Lenox Hill, Manhattan

MLS® #RLS20116585

RLS at REBNY

Listing by Leslie J Garfield & Co Inc

5
Bedrooms
4.5
Baths
6,500
Sq. Ft.
1901
Year Built

Quick Summary

Bedrooms 5
Bathrooms 5 full, 5 half
Living Area 6,500 sq ft
Lot Size 199,132.86 sq ft
Year Built 1901
Ownership None
Property Taxes $136,320/yr
Neighborhood Lenox Hill
Floor 1 of 1

Property Highlights

  • Views: Other
  • Outdoor Space: Terrace, Balcony
  • Fireplace: 2 fireplaces

Property Details

Type Single Family Residence
Ownership None
Total Rooms 15
Baths 4 Full, 5 Half
Floor 1 of 1
View Other
Cooling Central Air
Pets Yes
Year Built 1901
Living Area 6,500 sq ft
Structure Type Townhouse
Basement Other
Lot Size 199,132.86 sq ft
Parcel # 1404-0065
Block/Lot 01404/0065

Listing History

Event Date Price Change
Listed Sep 22, 2026 $22,500,000 -
Currently Sep 22, 2026 $22,500,000 -

Description

Ideally situated on one of the Upper East Side's most desirable townhouse blocks, 116 East 70th Street is a distinguished 20-foot-wide, five-story residence located between Park and Lexington Avenues. Built in 1869, the home received its present facade and distinctive two-story elliptical copper bay window in 1899 under prominent New York builder Michael Reid, whose notable work included the Ritz-Carlton and the Morgan Wing of the Metropolitan Museum of Art. The beautifully appointed interiors offer five bedrooms, four full bathrooms, five powder rooms, an elevator, multiple outdoor spaces, and abundant natural light. The garden level begins with a gracious entrance gallery accented by decorative glass details and patterned parquet floors. An intimate family room with custom built-ins and a dining area adjoins the fully equipped chef's kitchen, where a large skylight provides abundant natural light. Beyond, a sun-filled breakfast room beneath a pitched glass roof opens directly onto the beautifully landscaped and irrigated garden with a built-in barbecue. A butler's pantry, secondary staircase, mudroom, and separate entrance complete this thoughtfully arranged floor. With ceiling heights exceeding 12 feet, the grand parlor floor is particularly impressive. At the front, an expansive living room features a wood-burning fireplace and a dramatic wall of bay windows overlooking tree-lined East 70th Street. The formal dining room at the rear opens through decorative glass doors onto a private terrace, while an adjoining butler's pantry facilitates effortless entertaining. The third floor includes a handsome, custom-fitted library framed by a second expansive bay window, along with the peaceful, south-facing primary suite, which offers two walk-in closets and a spacious marble bathroom. The fourth floor comprises two additional bedrooms, each with a renovated en-suite bathroom, as well as a private terrace. Two further bedrooms and a recreation room bathed in natural light from an expansive skylight occupy the fifth floor. The recreation room could also serve as an additional bedroom, media room, or home office. The finished basement provides a gym, laundry room, cedar closet, additional storage, a powder room, and state-of-the-art mechanical systems. From its signature copper bay and sun-filled interiors to its landscaped garden and private terraces, 116 East 70th Street pairs historic townhouse character with the comfort and functionality of contemporary living in a coveted East 70th Street location.

Features & Amenities

Interior Features

Smoke Free In Unit Fireplace (2)

Exterior Features

Balcony Garden Private Outdoor Space Over60 Sqft Terrace Balcony

Building Amenities

Green Building

Building Information

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

Financial Details

RE Taxes $136,320/yr ($11,360/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

614

Median Asking Price

$1.47M

Median $/Sqft

$1,587

Avg Days on Market

N/A

New This Week

54

Price Reduced

26%

Sold (30 Days)

78

Median Sale Price

$1.35M

Live data from RLS at REBNY • Updated 9/22/26, 6:42 PM EST

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Location

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116 E 70TH Street, Lenox Hill, New York County

Building Information

Official NYC property records for this building

1869
Year Built
157 years old
5
Floors
1
Residential Units
R8B
Zoning District
One Family Dwellings Historic District: Upper East Side Historic District

Tax & Assessment

Assessed Value: $872,220
Land Value: $214,920
Exemptions: $0

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

Lot Area: 1,992 SF
Building Area: 6,480 SF
Built FAR: 3.25
Allowed FAR: 4

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 $136,320, or roughly $11,360 per month. Verify the current assessment with your attorney before closing.

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

The listed interior living area is 6,500 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1901, making it approximately 125 years old.

This listing is None

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $22,500,000 for 6,500 sq ft, the asking price per square foot is approximately $3,462. 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 milton@miltoncoste.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: RLS20116585
First Listed: 9/22/2026
On Market: 9/22/2026
Price Changed: 9/22/2026
Contract Date: 9/22/2026

Listing Courtesy of Leslie J Garfield & Co Inc - Jed H Garfield

Listing Contact: (212) 574-6980

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 9/22/2026 at 10:42 PM UTC

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Lenox Hill Market Update

78 sales last 30 days · $1.47M median · 7.9 months supply

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Quick Facts

Status Active Type Single Family Residence Neighborhood Lenox Hill Borough Manhattan
County New York
Floor 1 of 1
Year Built 1901
First Listed 9/22/2026
Living Area 6,500 sqft
Annual Tax $136,320

Monthly Costs Estimate

Down Payment 20%

$4,500,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $11,360
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $20M to $24,999,999 at 3.75%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$843,750

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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