$4,000,000
SOLD SEP 12, 2024
4 Beds
5.5 Baths
5,688 Sq Ft
1,764 Sq Ft Lot

Recently Sold

$703 Per Sq Ft

15% Below List Price

406 Days on Market

Highlights

  • Bonus Room with Fireplace
  • 5-minute walk to 33 Street (4,6 Line)
  • 4-minute walk to St. Vartan Park
  • P.S. 116 Mary Lindley Murray Rated A-
  • Window Unit Cooling System

About This Home

As of September 2024

The Boston ivy beckons you into this charming, four-story, 1901 Kips Bay townhouse. Approximately 5,688 square feet, it is currently configured as a mixed use property, featuring approximately 1500 square feet of medical office or store space on the 1st floor and a residential triplex above. Many architectural details remain from its previous incarnations as a multi-unit building, and all have been lovingly maintained.

The 1st floor office has independent access from the residence and consists of a generous front room, two sky-lit office/examining rooms and a back studio, with a 156 sq ft patio. There are 2 closets, a large storage room and 2 lavatories. Multiple entrances to each of the rooms permit maximum flexibility and utility of these unique spaces. The professional space is cooled by central air conditioning. There is also an unfinished basement below grade.

Upstairs, under the graceful arches and soaring ceilings of the residential triplex, tranquil, sunny rooms in which to gather abound, along with gracious bedrooms, an office, a dressing room, three gorgeous art deco bathrooms (as well as a more modern one!) and a laundry/utility room, adapted from a previous kitchen. Two wood-burning fireplaces, original doors still bearing their crystal doorknobs, gleaming hardwood, bordered floors alongside their terrazzo partners, all these contribute to the warmth and comfort of this welcoming home. Should you long for the great outdoors, your final staircase brings you to a 963 sq ft roof terrace which awaits your magical touch. Access can also be created from the second floor office to the roof over the extension, should you desire additional outdoor space.

Kips Bay is a vibrant neighborhood in the residential and commercial heart of Manhattan's East Side. Easily accessible by public and private transportation, it is the home to countless retail conveniences, fine dining, entertainment and leisure venues, as well as world-class educational and medical facilities. A sanctuary such as 240 East 33rd Street in proximity to all of this is a treasure, indeed.

Last Agent to Sell the Property

Haviland Morris

Brown Harris Stevens Residential Sales LLC License #10301208046 Listed on: 06/21/2023

Brown Harris Stevens Residential Sales LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,176

Year Built

  • Built in 1901

Lot Details

  • 1,764 Sq Ft Lot
  • Lot Dimensions are 98.00x18.00

Interior Spaces

  • 5,688 Sq Ft Home
  • 4-Story Property
  • Bonus Room with Fireplace
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Utilities

  • Window Unit Cooling System

Community Details

  • Kips Bay Subdivision

Listing and Financial Details

  • Legal Lot and Block 0043 / 00913

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,176

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Kips Bay
  • Architectural Style: Walk-Up
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace Features: Bedroom
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 5688.0
  • Living Area Units: Square Feet
  • Rooms (Total): 14
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Bathrooms Integer: 6
  • Bedrooms: 4

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1764.0
  • Lot Size Dimensions: 98.00x18.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 4
  • Year Built: 1901

Tax Info

  • Tax Block: 00913
  • Tax Lot: 0043
  • Tax Annual: 58176.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Sep 11, 2024
Sold by
Scheinfeld Andrew H and Scheinfeld Anke G
Bought by
Wtty Productions Inc
Seller's Agent
Haviland Morris
Brown Harris Stevens Residential Sales LLC
List Price
$4,695,000
Sold Price
$4,000,000
Premium/Discount to List
-$695,000
-14.8%
Views
1455
Current Estimated Value
$4,014,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,662
Avg. Annual Appreciation
0.39%

Purchase Details

Closed on
Apr 30, 1997
Sold by
Benis John and Romanzi Robert
Bought by
Scheinfeld Andrew H and Scheinfeld Anke G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,503
Interest Rate
7.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 1997
Sold by
Parks Carol Ann and Marangoni Carol Ann
Bought by
Benis John and Romanzi Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
8.5%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $4,000,000 --
Deed $431,000 --
Deed $431,000 --
Deed $650,000 Chicago Title Insurance Co
Deed $650,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Unknown
Previous Owner $500,000 Commercial
Previous Owner $330,503 Commercial
Previous Owner $520,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2024 09/12/24 Sold $4,000,000 -14.8% $703 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
06/21/2023 06/21/23 For Sale $4,695,000 -- $825 / Sq Ft
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 $57,974 $288,646 $270,422 $18,224
2024 $57,974 $288,644 $303,600 $40,675
2023 $58,181 $286,480 $205,820 $80,660
2022 $53,953 $407,580 $303,600 $103,980
2021 $53,658 $395,520 $303,600 $91,920
2020 $50,915 $372,900 $303,600 $69,300
2019 $50,318 $324,240 $303,600 $20,640
2018 $48,666 $238,733 $216,214 $22,519
2017 $45,611 $225,220 $214,495 $10,725
2016 $42,166 $212,474 $172,019 $40,455
2015 $25,406 $200,448 $137,939 $62,509
2014 $25,406 $200,448 $138,826 $61,622
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10992069

Real Estate Board of New York (REBNY)

APN: 0913-0043