NOT LISTED FOR SALE

242 E 49th St Unit THOUSE New York, NY 10017

Turtle Bay Neighborhood

Estimated Value: $6,909,644 - $7,150,000

5 Beds
5.5 Baths
4,560 Sq Ft
$1,545/Sq Ft Est. Value

Highlights

  • Pre War Building
  • Terrace
  • Juliet Balcony
  • P.S. 59 Beekman Hill International Rated A
  • Den
  • 4-minute walk to Greenacre Park

About This Home

As of September 2023

Sunny, refined, and move-in ready, this single-family townhouse rental offers every desirable amenity. 242 East 49th Street boasts five bedrooms including a floor-through master suite with a balconied bath and steam room, a stone-tiled kitchen full of top-of-the-line appliances, library, state-of-the-art electronics systems, and an elevator. It is a blank slate ready to accommodate any lifestyle.

Best of all, the outdoor spaces are the most unique in New York City. In addition to a parlour floor terrace and spacious South-facing rear yard, the townhouse has private access to Turtle Bay Gardens. The exclusive oasis is akin to entering Wonderland where residents can stroll a lush lane and enjoy the burbling song of several Roman-inspired fountains throughout.

Garden Floor:
Through the main entrance you reach the stone-tiled foyer. On the left is the renovated kitchen with stone flooring and counters, mosaic backsplashes, and deluxe appliances including a 6-burner Wolf range and stainless-steel Sub-Zero refrigerator. A powder room and elevator are nearby. On your right is a spacious walk-through pantry and china cabinet leading to the formal dining room. Three tall arch-top windows drench this room in sun, while an arch-top glass door opens out to the garden.

The flagstone patio edged with flowering bushes is the ideal place for a summer dinner or cocktail hour. On your right, brick steps curve up to the second story terrace, creating a bi-level outdoor entertaining area. Ascend a few stone steps and swing open a low wooden gate to enter Turtle Bay Gardens. Stroll down the central path and experience the silence and relaxation of this private park. Rest amid the greenery on a hidden lovers' bench or continue until you're surprised by one of several Italianate fountains.

Parlour Floor:
Up the stairs and through arch-top doors you reach the parlour level library. A working fireplace, built-in floor-to-ceiling bookshelves, and French windows combine to make this the library of any bibliophile's dreams. The rear parlour is an ideal ballroom with soaring ceilings, a working fireplace, shining hardwood flooring, and a floor-to-ceiling mirror. Three sets of graceful French doors open onto the Mediterranean terrace. Your guests can enjoy the view of Turtle Bay Gardens, or descend curving steps to the flagstone patio and explore the Gardens firsthand

Third Floor:
The rear guest bedroom on the third floor has a working fireplace, plush wall-to-wall carpeting, and a walk-in closet. French doors open to a Juliet balcony overlooking the gardens. Adjoining this bedroom, a full bath with tub has been renovated with cream-colored marble. Another full bath is available in the hallway, with a glass shower and marble tile. The front bedroom on this level enjoys an alcove, hardwood flooring, a fireplace, and three sun-drenched windows.

Fourth Floor:
This level includes another two full-width bedrooms, each with hardwood floors, walk-in closets, and tall windows. The rear bathroom adjoins a renovated full bath with tub, while another full bath with a glass-walled shower is located near the front bedroom.

Fifth Floor:
Exit the elevator or ascend the stairs to the master suite level. The master bath is built for hours or relaxation with a Steamist steam bath sauna, a state-of-the-art audio system, and even a Juliet balcony. Nearby is a windowed dressing room with plenty of room for the most extensive wardrobe. The master bedroom has high, beamed ceilings, a working fireplace, and a built-in flat-screen TV. Three sets of French doors open to the master terrace overlooking the garden.

Cellar:
Descending from the pantry area on the garden level you reach the cellar. This semi-finished space includes a laundry room with side-by-side washer and dryer, a wood-paneled storage room, and a powder room. The building mechanicals are also stored on this level.

Last Agent to Rent the Property

Dexter Guerrieri

Vandenberg Inc License #31GU0753145 Listed on: 09/14/2023

Co-Listed By

Emily Barham

Vandenberg Inc License #10401365445

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 19.0 x 100.0
  • Garden

Home Design

  • Pre War Building
  • Entry on the 5th floor

Interior Spaces

  • 4,560 Sq Ft Home
  • Den
  • Intercom

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Juliet Balcony
  • Patio
  • Terrace

Utilities

  • Central Air

Community Details

  • Turtle Bay Subdivision
  • 5-Story Property

Listing and Financial Details

  • Property Available on 9/14/23
  • Legal Lot and Block 132 / 1322

Property Details

Home Type

Apartment

Year Built

Built in 1899

Lot Details

0 Sq Ft Lot

Rental Info

  • Available Date: 2023-09-14

Listing Details

  • Cross Street: Second Avenue/Third Avenue
  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Turtle Bay
  • Architectural Style: Prewar
  • Entry Level: 5
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5

Interior Features

  • Interior Features: Den, Pantry
  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Living Area: 4560.0
  • Living Area Units: Square Feet
  • Dining Room Type: Den

Beds/Baths

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

Exterior Features

  • Exterior Features: Garden, Juliet Balcony
  • Patio/Porch Features: Patio, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Dimensions: 19.0 x 100.0

Building Info

  • New Construction: No
  • Total Stories: 5
  • Year Built: 1899

Tax Info

  • Tax Block: 1322
  • Tax Lot: 132

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

Closed on
Jun 10, 2025
Sold by
Bought by
Current Estimated Value
$7,046,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,982,372
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,063,843

Purchase Details

Closed on
Dec 28, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$6,800,000 --
$4,450,000 --
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
Open $2,000,000
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
09/19/2023 09/19/23 Rented $25,000 0.0% --
09/14/2023 09/14/23 For Rent $25,000 0.0% --
05/12/2021 05/12/21 Rented -- -- --
05/02/2008 05/02/08 For Rent $25,000 -- --
Source: Real Estate Board of New York (REBNY)

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10889455

Real Estate Board of New York (REBNY)

APN: 1322-0132

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