NOT LISTED FOR SALE

Estimated Value: $3,419,000 - $7,829,000

4 Beds
3.5 Baths
2,700 Sq Ft
$2,325/Sq Ft Est. Value

Highlights

  • Community Garden
  • 3-minute walk to 68 Street-Hunter College
  • Library
  • East Side Elementary School, P.S. 267 Rated A
  • Eat-In Kitchen
  • Storage

About This Home

As of June 2024

161 East 71st Street is a charming four story, single family townhouse located on a beautiful tree-lined block between Lexington and Third Avenues. This historic home was built in 1867 and has been beautifully preserved. The ground floor features an eat-in, windowed kitchen in the front and a spacious, sun-filled media room with a wood-burning fireplace, floor to ceiling windows and access to a 40' deep, landscaped garden in the rear. The parlor floor is highlighted by nearly 11' ceiling heights, arched doorways and decorative moldings throughout. The front of the parlor floor is used as a formal dining room equipped with a wet bar and dumbwaiter that accesses the kitchen below. In the rear, there is a formal living room with a wood-burning fireplace and french doors that open to a Juliet balcony that overlooks the tranquil garden below. On the third floor, the primary bedroom sits in the rear of the house and is outfitted with an ample amount of built-in closets. The primary bathroom has two sinks, a jacuzzi tub / shower and a wash closet. The front of the floor has a study that can be used as an additional bedroom. The fourth floor features two bedrooms, one bathroom and a spiral staircase to a recently completed roof deck with city views. There is also a basement with a full bathroom, laundry, a cedar closet, storage for clothes and additional storage space. Tenant is responsible for a fee of 15% of the first year's rent.

Last Agent to Rent the Property

Jed Garfield

Leslie J Garfield & Co Inc License #10311200483 Listed on: 05/01/2024

Co-Listed By

Caylyn Sullivan

Leslie J Garfield & Co Inc License #10401263768

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $56,775

Year Built

  • Built in 1910

Lot Details

  • 1,500 Sq Ft Lot
  • Lot Dimensions are 15.0 x 100.0
  • South Facing Home
  • Garden

Interior Spaces

  • 4-Story Property
  • Dining Room
  • Library
  • Storage
  • Stacked Washer and Dryer
  • Laundry in Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air

Community Details

  • Lenox Hill Subdivision
  • Community Garden

Listing and Financial Details

  • Property Available on 5/1/24
  • Legal Lot and Block 125 / 1406

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$56,775

Year Built

Built in 1910

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: None
  • Available Date: 2024-05-01

Listing Details

  • Cross Street: Lexington Avenue and Third Avenue
  • Property SubType: Townhouse
  • Property Type: Residential Lease
  • Neighborhood: Lenox Hill
  • Unit Levels: Multi/Split
  • Structure Type: House, Townhouse
  • ResoPropertyType: ResidentialLease
  • Pets No Pets Comments: Case by case,Building Pets Allowed Comments:Case by case
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Interior Features: Eat-in Kitchen, Kitchen Window, Storage
  • Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Washer
  • Fireplace: No
  • Living Area Units: Square Feet
  • Rooms (Total): 8
  • Dining Room Type: Dining Room, Library

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 4

Exterior Features

  • Direction Faces: South
  • Exterior Features: Building Garden, Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building In Basement, Common On Floor, In Basement, In Unit
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Features: Garden
  • Lot Size Area: 1500.0
  • Lot Size Dimensions: 15.0 x 100.0

Building Info

  • New Construction: No
  • Units: 1
  • Total Stories: 4
  • Year Built: 1910

Tax Info

  • Tax Block: 1406
  • Tax Lot: 125

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 1995
Sold by
The Government Of New Zealand
Bought by
Burg Paul and Burg Rodica
Current Estimated Value
$6,277,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$13,854
Interest Rate
7.5%
Estimated Equity
$6,248,024
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Burg Paul $4,462,500 The Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burg Paul Co-Trustee $9,993
Open Burg Paul $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2024 06/04/24 Rented $22,000 0.0% --
05/20/2024 05/20/24 Under Contract -- -- --
05/01/2024 05/01/24 For Rent $22,000 +15.8% --
03/14/2022 03/14/22 Rented $19,000 0.0% --
03/01/2022 03/01/22 For Rent $19,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $56,775 $298,598 $105,670 $192,928
2024 $56,775 $282,672 $142,560 $160,535
2023 $57,408 $282,672 $102,087 $180,585
2022 $52,974 $391,020 $142,560 $248,460
2021 $55,509 $420,180 $142,560 $277,620
2020 $52,670 $478,560 $142,560 $336,000
2019 $49,277 $437,640 $142,560 $295,080
2018 $48,019 $235,560 $57,504 $178,056
2017 $47,495 $232,988 $64,258 $168,730
2016 $43,940 $219,801 $66,015 $153,786
2015 $26,290 $207,360 $81,694 $125,666
2014 $26,290 $196,300 $92,806 $103,494
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10964667

Real Estate Board of New York (REBNY)

APN: 1406-0125