NOT LISTED FOR SALE

Estimated Value: $8,377,878

7 Beds
10 Baths
5,400 Sq Ft
$1,551/Sq Ft Est. Value

Sale Details

Date Sold: July 19, 2022

Last sale price $7,950,000 $1,472 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $52,965 / mo

42 Days on Market

Highlights

  • Rooftop Deck
  • 3-minute walk to 68 Street-Hunter College
  • Pre War Building
  • East Side Elementary School, P.S. 267 Rated A
  • City View
  • 3-minute walk to St. Catherine's Park

About This Home

As of July 2022

The quintessential live work townhouse for today's lifestyle, beauty, character, and modern living. Originally constructed in 1899 and located on one of Manhattan's most charming and picturesque blocks, 240 East 68th Street steals the show with its distinctive mansard roof, a device attributed to the 17th-century French architect Francois Mansart. Featuring seven bedrooms, five full bathrooms, five half-baths, five working fireplaces, roof terrace, a single person elevator, and an excavated subterranean full height office floor. This elegant 18-foot-wide single-family townhouse has several personalities. The front façade is brick, styled after early Williamsburg, starting with the front garden and pedimented main entrance. The rear façade commissioned by the current owner in 2006, is a glass and steel five story wall of wonder by renowned architect William Georges and featured in his book “Make it Fabulous”. Each floor of the home has its own private floor to ceiling glass sunroom and views of the garden below with the 5th floor having an open terrace off the family room/studio. The home was originally 48 feet deep, however with the new glass wall addition, the ground floor has a depth of over 60 feet at the base. Upon entry into the unique oval foyer on the ground level with its dramatic stairway to the upper living quarters, one can see through an arched doorway straight through the bright garden room into the sun-filled garden. The ground level currently features a powder room in the foyer, teak floors throughout, a full-size windowed eat-in kitchen with a separate front entrance for staff. A back-service hallway connects directly from the kitchen to an office, and a second powder room. The parlor/second floor is the ideal haven for entertaining, with its magnificent architecturally detailed wood paneled dining room, fireplaces, soaring ceilings, butler's pantry, powder room, teak floors and elevator. As well as access to service stairs that lead from the dining room to the kitchen, entertaining becomes seamless for staff. Adjacent to the dining room is a formal living room which features intricate millwork and a wood burning fireplace. Flowing from the living room is an impressive floor to ceiling steel and glass sunroom perfect for reading or a private moment with views of the city and gardens below. The third-floor master suite features a master bedroom that includes multiple walk-in closets and a full-glass private sitting room. This bedroom includes an ensuite his and her marble bathroom with abundant extra features. The adjacent red sitting room library with wet bar is a wonderful place to unwind for a night cap or tea. The fourth floor has two additional bedrooms, each with ensuite bathrooms. The rear bedroom includes French doors that lead to another brilliant glass sunroom. The fifth floor, with its oversized skylight over the stairwell and foyer, features a large suite for long term guests or staff, includes two adjacent bedrooms, a full bathroom, a small kitchen with washer-dryer, and a living area with French doors leading to an open terrace with retractable awning. Stairs lead to the roof deck with a peaceful planted garden with city views. Below the ground floor resides the large full height office area which is accessed down the carpeted mahogany stairs off the kitchen and enhanced by a porcelain floor which leads one to laundry, a wine cellar, a full bathroom, and a large sunlit room suitable for a home gym, playroom, or a home office/business. The elevator connects the lower laundry/office level all the way to the fifth floor. The residence is wired with Savant music, intercom, phone, and security systems throughout as well as automatic shades for the rear glass façade wall. Close to many of Manhattan's most coveted restaurants and shopping, 240 East 68th Street is a magnificent mix of elegant tradition and modern design with the added convenience of ample dedicated space for a home office or business.

Last Agent to Sell the Property

Michelle Bourgeois

Sothebys International Realty License #10301209251 Listed on: 03/14/2022

Sothebys International Realty

Co-Listed By

Gina Kuhlenkamp

Sothebys International Realty License #10301204652

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1899

Lot Details

  • 1,817 Sq Ft Lot
  • Lot Dimensions are 18.17 x 100.0
  • Garden

Home Design

  • Pre War Building
  • Entry on the 5th floor

Interior Spaces

  • 5,400 Sq Ft Home
  • Wood Burning Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • City Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Terrace
  • Central Air

Community Details

Overview

  • Lenox Hill Subdivision
  • 5-Story Property

Amenities

  • Rooftop Deck
  • Community Garden
  • Building Terrace
  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1899

Lot Details

1,817 Sq Ft Lot

Listing Details

  • Exposures: North,South
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Lenox Hill
  • Architectural Style: Prewar
  • Entry Level: 5
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 5

Interior Features

  • Interior Features: Den, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 5400.0
  • Living Area Units: Square Feet
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 5
  • Half Bathrooms: 5
  • Bathrooms Integer: 8
  • Bedrooms: 7

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Garden, Building Roof Deck, Garden
  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Area: 1817.0
  • Lot Size Dimensions: 18.17 x 100.0

Building Info

  • Units: 1
  • Total Stories: 5
  • Year Built: 1899

Tax Info

  • Tax Block: 0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
Jul 18, 2022
Sold by
Bought by
Seller's Agent
Michelle Bourgeois
Sothebys International Realty
List Price
$7,900,000
Sold Price
$7,950,000
Premium/Discount to List
$50,000
0.63%
Current Estimated Value
$8,377,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,878
Avg. Annual Appreciation
1.28%

Purchase Details

Closed on
Feb 3, 2009
Sold by
Bought by

Purchase Details

Closed on
Nov 3, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
7.75%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lenox Hill, NY

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$7,950,000 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $5,344,707
Previous Owner $1,115,130
Previous Owner $700,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/19/2022 07/19/22 Sold $7,950,000 +0.6% $1,472 / Sq Ft
03/14/2022 03/14/22 For Sale $7,900,000 -- $1,463 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $84,080 $442,268 $197,504 $244,764
2025 $84,080 $418,620 $193,445 $225,175
2024 $84,080 $418,619 $235,200 $212,724
2023 $84,101 $414,109 $172,637 $241,472
2022 $77,989 $548,640 $235,200 $313,440
2021 $77,563 $517,740 $235,200 $282,540
2020 $73,841 $549,660 $235,200 $314,460
2019 $72,976 $532,560 $235,200 $297,360
2018 $70,347 $345,091 $155,740 $189,351
2017 $66,365 $325,558 $154,502 $171,056
2016 $61,399 $307,131 $152,303 $154,828
2015 $24,695 $290,708 $122,535 $168,173
2014 $24,695 $290,708 $145,540 $145,168
Source: Public Records

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10784002

Real Estate Board of New York (REBNY)

APN: 1422-0034

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