$6,800,000
SOLD JUN 10, 2025
5 Beds
5.5 Baths
5,395 Sq Ft
1,908 Sq Ft Lot

Recently Sold

$1,260 Per Sq Ft

6% Below List Price

82 Days on Market

Highlights

  • City View
  • Wood Flooring
  • No HOA
  • P.S. 59 Beekman Hill International Rated A
  • 7 Fireplaces
  • 4-minute walk to Greenacre Park

About This Home

As of June 2025

Move right into 242 East 49th Street, a renovated 19-foot-wide townhouse with elevator, which seamlessly blends the home’s architectural character with modern sensibilities. Built in 1899, this 5-bedroom, 5.5-bathroom home boasts approximately 5,400 square feet of interior space over five stories and features grand-scaled rooms, 7 woodburning fireplaces, stunning arched floor-to-ceiling windows, central A/C, security system, and an enchanting bi-level oversized south-facing rear garden. 242 East 49th Street is nestled in historic and coveted Turtle Bay Gardens, a private enclave of 20 homes steeped in history and boasting notable past residents including Bob Dylan, Stephen Sondheim, and E. B. White.GARDEN FLOOR: Enter through a gated forecourt into the stone-tiled entrance foyer which flows to the kitchen and media/dining room as well as a powder room. The beautifully designed eat-in kitchen is a chef’s dream, featuring top-of-the-line appliances including a six-burner Wolf range, Sub-Zero refrigerator, custom designed cabinetry, mosaic-tiled backsplash, stone countertops, and a built-in breakfast bar. Adjacent to the kitchen is the tasteful butler’s pantry which flows into the south-facing sunlit media room with space for casual dining and complemented by a wood-burning fireplace and a wall of windows. Exit the lovely glass door to find the perfect outdoor urban oasis. The unique flagstone bi-level patio and landscaped garden is enhanced by mature trees and includes charming brick steps leading up to the parlor floor terrace. Beyond a low wooden gate, you will find additional room to stroll and relax in historic Turtle Bay Gardens, a private park accessible only to the residents of the surrounding 20 townhomes, all of whom share a common garden filled with mature trees and multiple fountains.PARLOR FLOOR: The sun flooded grand and gracious back parlor with soaring ceilings is currently used as an elegant formal living room and dining room with a wood burning fireplace and three sets of curved floor-to-ceiling glass French doors opening to a lovely brick terrace that runs the width of the house and showcases the beauty and serenity of the backyard gardens. The front library with another wood-burning fireplace is a bibliophile’s dream, enveloped in artfully designed floor-to-ceiling built-in bookcases with a library ladder and accented by three beautiful windows. THIRD FLOOR: On this level are two generously scaled bedrooms with hardwood floors, oversized windows, and word-burning fireplaces. The rear facing bedroom features French doors opening to a Juliet balcony overlooking the gardens and has a renovated tiled bathroom with tub ensuite. The second bedroom utilizes the adjacent renovated hall bathroom with glass stall shower. FOURTH FLOOR: On this floor you will find two additional large bedrooms. The sunny rear third bedroom has a wood-burning fireplace and a renovated ensuite bathroom and the front fourth bedroom has a renovated bathroom with glass stall shower just across the hall. FIFTH FLOOR: Ascend the staircase or the elevator to the top floor and you will find the full-floor sundrenched primary suite with beamed ceilings, wood-burning fireplace, and three sets of French doors opening to another south-facing private terrace. The spa-like primary bathroom boasts a Steamist steam bath sauna and a Juliet balcony and sits adjacent to a huge custom outfitted walk-in closet. LOWER LEVEL: The semi-finished lower level houses a laundry room, half bathroom, and enviable storage space.

Last Agent to Sell the Property

Lisa Larson

Sothebys International Realty License #10301208646 Listed on: 12/05/2024

Sothebys International Realty

Co-Listed By

Angela Wu

Sothebys International Realty License #10301217100

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,364

Year Built

  • Built in 1899

Lot Details

  • 1,908 Sq Ft Lot
  • South Facing Home
  • Garden

Interior Spaces

  • 5,395 Sq Ft Home
  • 7 Fireplaces
  • Wood Burning Fireplace
  • French Doors
  • Wood Flooring
  • City Views
  • Partially Finished Basement
  • Laundry in Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Juliet Balcony
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 0132 / 01322

Community Details

Overview

  • No Home Owners Association
  • Turtle Bay Subdivision
  • 5-Story Property

Amenities

  • Community Garden
  • Building Patio

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,364

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Exposures: North,South
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Turtle Bay
  • Structure Type: Townhouse
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 5

Interior Features

  • Fireplace Features: Wood Burning
  • Fireplaces: 7
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 5395.0
  • Living Area Units: Square Feet
  • Rooms (Total): 9
  • Basement: Yes
  • Basement: Partially Finished
  • Door Features: French Doors

Beds/Baths

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

Exterior Features

  • View: City, Garden
  • View: Yes
  • Direction Faces: South
  • Exterior Features: Building Garden, Balcony, Building Balcony, Garden, Juliet Balcony, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: Building Patio, Patio, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building In Basement, In Basement
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Current Use: Single Family
  • Lot Size Area: 1908.0
  • Lot Size Dimensions: 19 ft x 100.42 ft 

Building Info

  • New Construction: No
  • Units: 1
  • Spa: No
  • Total Stories: 5
  • Year Built: 1899

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01322
  • Tax Lot: 0132
  • Tax Annual: 74364.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2024
Closed on
Jun 10, 2025
Sold by
Alpha Property Group Llc
Bought by
Gartentor Llc
Seller's Agent
Lisa Larson
Sothebys International Realty
List Price
$7,250,000
Sold Price
$6,800,000
Premium/Discount to List
-$450,000
-6.21%
Views
119
Current Estimated Value
$6,879,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,240
Avg. Annual Appreciation
-21.53%
Original Mortgage
$2,000,000
Outstanding Balance
$2,000,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,400,001

Purchase Details

Closed on
Dec 28, 2005
Sold by
Saltzman Ben and Saltzman Naomi
Bought by
Alpha Property Group Llc
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 Type Sale Price Title Company
Deed $6,800,000 --
Deed $4,450,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 Purchase Money Mortgage
Previous Owner $3,465,000 Unknown
Previous Owner $2,450,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Sold $6,800,000 -6.2% $1,260 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
12/05/2024 12/05/24 For Sale $7,250,000 -- $1,344 / 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 $74,363 $390,148 $215,144 $175,004
2024 $74,363 $370,241 $259,200 $149,507
2023 $74,115 $364,936 $181,858 $183,078
2022 $66,961 $536,640 $259,200 $277,440
2021 $70,517 $576,660 $259,200 $317,460
2020 $68,819 $656,820 $259,200 $397,620
2019 $64,542 $680,100 $259,200 $420,900
2018 $61,993 $304,113 $156,606 $147,507
2017 $60,066 $294,656 $125,571 $169,085
2016 $55,821 $279,230 $128,600 $150,630
2015 $33,526 $270,936 $156,913 $114,023
2014 $33,526 $257,112 $126,565 $130,547
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11024112

Real Estate Board of New York (REBNY)

APN: 1322-0132