For Sale · Listing by Corcoran Group
243 E 61ST Street
Lenox Hill, Manhattan
$5,499,000
243 E 61ST Street
MLS® #RLS20106681
Listing by Corcoran Group
- 6
- Bedrooms
- 4.5
- Baths
- 5,000
- Sq. Ft.
- 1905
- Year Built
Quick Summary
Property Highlights
- Views: Other
- Fireplace: 5 fireplaces
- Climate Control: Other
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Sep 7, 2026 | $5,499,000 | - |
| Price Reduced | Sep 7, 2026 | $5,250,000 | -4.5% |
Description
Improved Price for a rare 20Ft wide townhouse. Reimagined for fall 2026. A Rare Treadwell Farm Townhouse Opportunity Under $6M. In the heart of Lenox Hill's coveted Treadwell Farm Historic District, 243 East 61st Street offers a rare opportunity to own a substantial 20-foot-wide townhouse with approximately 5,000 square feet, private outdoor space, elevator access, and exceptional long-term potential. Well maintained and thoughtfully designed at the turn of the 20th Century, the home offers the scale, proportions, ceiling heights, masonry presence, and structural integrity that matter most in a significant Manhattan townhouse. Its flexible floor plan allows for bedroom and bathroom realignment, giving the next owner the option to refresh for the 2020s, personalize, or more fully reimagine the home over time. For buyers seeking location, privacy, scale, and upside, 243 East 61st Street represents one of the most compelling value opportunities in the Upper East Side townhouse market: a chance to create a generational Lenox Hill home in the Treadwell Farm Historic District. Set across four expansive floors, the home offers 5 bedrooms in its current configuration, multiple living and entertaining areas, five working wood-burning fireplaces, private outdoor areas, and elevator access to the roof level where expansion is encouraged. Original details include red oak banisters, exposed brick, mahogany and mosaic hardwood flooring, crown moldings, high ceilings, and period fireplaces. Ground Floor The garden level is anchored by a large eat-in kitchen designed down to the studs by Swiss master craftsman Andre Liardet, with stainless steel appliances and a restaurant-grade Montague Grizzly stove. The dining room features a wood-burning fireplace and opens through French doors to an enclosed sunroom and landscaped private backyard. Parlor Floor The second floor offers two generous living rooms arranged around a central gallery and stairwell. Soaring ceilings, original crown molding, two wood-burning fireplaces, and intricate mosaic hardwood flooring create classic townhouse scale and presence. Third Floor The residence floor includes two spacious bedrooms with oak floors, exposed brick, fireplaces, a shared sitting or dressing area, and a marble-tiled bath with soaking tub. The layout offers flexibility for future suite or guest-quarter use. Fourth Floor The top floor is bright and open, accessed by the grand staircase OR elevator...with skylights, floor-to-ceiling windows, French doors, and a Juliet terrace overlooking the garden. This level includes a primary bedroom area with fireplace, plus two additional rooms suited for bedrooms, offices, creative space, or dressing areas. Additional Features The home includes a basement with laundry and tremendous storage space, and multiple private outdoor areas,. The roof offers meaningful potential for future customization, and expansion. At this reduced price point, the opportunity is clear: there is very little in the 20FT Upper East Side townhouse market that is this substantial, this flexible, and this well positioned. The next owner can preserve what works, improve what matters, and invest directly into a home that reflects their own taste, lifestyle, and long-term vision. Photos include some digital rendering.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Lenox Hill
View All Lenox Hill ListingsLenox 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 NeighborhoodActive Listings
656
Median Asking Price
$1.37M
Median $/Sqft
$1,494
Avg Days on Market
N/A
New This Week
17
Price Reduced
31%
Sold (30 Days)
60
Median Sale Price
$1.35M
Live data from RLS at REBNY • Updated 11/2/26, 2:47 PM EST
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243 E 61ST Street, Lenox Hill, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed annual property tax is $78,516, or roughly $6,543 per month. Verify the current assessment with your attorney before closing.
This property has 6 bedrooms and 4 full bathrooms and 2 half bathrooms.
The listed interior living area is 5,000 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1905, making it approximately 121 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 $5,499,000 for 5,000 sq ft, the asking price per square foot is approximately $1,100. 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) 416-7433Listing Courtesy of Corcoran Group - Adam Schneider
Listing Contact: (914) 374-9092
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.
How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works
RLS Data display by Keller Williams NYC. Data last updated on 11/2/2026 at 7:47 PM UTC
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Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 243 E 61ST Street
At $5,499,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. No obligation.
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- 1Milton emails you today.
- 2A short call about what you want and when.
- 3The agreement arrives electronically after the call. Then showings.
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You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.
Lenox Hill Market Update
60 sales last 30 days · $1.37M median · 10.9 months supply
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Quick Facts
Monthly Costs Estimate
$1,099,800
Source: Freddie Mac PMMS
Est. Monthly Payment
$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 $5M to $9,999,999 at 2.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$123,728
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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