NOT LISTED FOR SALE

Estimated Value: $5,999,595 - $8,097,000

4 Beds
4.5 Baths
3,450 Sq Ft
$2,025/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $5,935,000 $1,720 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $42,322/month

26 Days on Market

Highlights

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

About This Home

As of January 2022

In 1881, the developer John D. Crimmins built the row of brownstones from 222 to 252 East 68th Street, and as the Real Estate Record and Guide said, “No monotony will spoil the aspect of this new row of homes.” Over several decades this charming beautiful block has continued to evolve as a picturesque postcard of a classic Manhattan thoroughfare. Welcome to 248 East 68th street, a wonderful federal styled single-family townhouse that has been modernized while staying true to its historic character and charm. Originally constructed in 1899, this classic residence with its welcoming steps and iron work balustrade includes 4 floors of living space, and features 4 bedrooms, 4 full bathrooms and1 half-bath. Renovated in 2006, and in keeping with the previous owner's love of the theatre and joy of living, this lovely residence has hosted numerous parties and personalities. The depth of the residence was expanded by adding a two-story south-facing glass façade and den with custom millwork which fills the home with abundant light complete with remote shades and custom curtains. When the curtains open on the ground level it reveals a tranquil and artfully set slate Zen garden perfect for dining alfresco or an evening cocktail. The adjacent open chef's kitchen off the family room on the ground level features a Dynasty six- burner oven, warming drawers, Subzero refrigerator freezer, two Miele dishwashers, hot and cold filtered water, garbage disposal, wall to wall custom cabinetry, and anchored with a large serving island with a honed granite counter and large catering sink. A flair of drama resides in the adjacent red and black glass tiled powder room located conveniently to the adjacent private dining room with double door glass entry, wet bar and ample seating room for twelve. A separate entrance is located on the ground level for easy movement of guests, caterers, and staff. An adjacent staircase leading to the parlor floor and basement is located off of the dining room. The parlor floor is befitting for entertaining or relaxing with family and friends, featuring an architectural balance of classic and new with its original exposed brick wood burning fireplace anchored with a dramatic oak mantle and surround, high ceilings, an elegant winding staircase with gleaming mahogany banister, custom wide plank floors and lighting. The dramatic scale of the parlor floor is highlighted with the fabulous view of the south facing two story glass façade which brings light and additional depth to the parlor floor. Located at the end of the parlor floor is a modern steel balustrade with an open view to the family room below and gardens. From the parlor floor a graceful curved staircase, leads one up to the third-floor landing which features a lovely bright south facing master bedroom with high ceilings, custom lighting en-suite bathroom, a wood burning fireplace with original marble mantles and a set of French doors opening to a lovely large private rear terraced garden with a retractable awning perfect for morning coffee. A second north facing bedroom and or office is located opposite with an en-suite bathroom which features original period wood architectural details throughout, and a wood burning fireplace with original marble mantel and surround. The fourth floor features two sunny large north and south facing double windowed bedrooms complete with en-suite marble baths, recessed lighting, ample closets, custom wood flooring, zone heating and air conditioning. The basement level features a 6-person sauna, wine cellar, large walk in cedar closet, washer/dryers along with additional storage. Located conveniently to the Second Avenue subway, fine dining, markets and on one of New York City's most charming blocks, 248 East 68th Street is beautifully presented and lovingly preserved as a timeless classic.

Last Agent to Sell the Property

Michelle Bourgeois

Sothebys International Realty License #10301209251 Listed on: 11/12/2021

Sothebys International Realty

Co-Listed By

Gina Kuhlenkamp

Sothebys International Realty License #10301204652

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1899

Lot Details

  • 1,667 Sq Ft Lot
  • Lot Dimensions are 16.67 x 100.0
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 3,450 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Den
  • City Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Additional Features

  • Terrace
  • Central Air

Community Details

Overview

  • Lenox Hill Subdivision

Amenities

  • Community Garden
  • Building Terrace
  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Exposures: North,South
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Lenox Hill
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

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: 3450.0
  • Living Area Units: Square Feet
  • Dining Room Type: Den

Beds/Baths

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

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Garden, 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: 1667.0
  • Lot Size Dimensions: 16.67 x 100.0

Building Info

  • Units: 1
  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Jan 4, 2022
Sold by
Hofstetter Surviving Trustee Richard
Bought by
Zlcw Llc
Seller's Agent
Michelle Bourgeois
Sothebys International Realty
List Price
$6,500,000
Sold Price
$5,935,000
Premium/Discount to List
-$565,000
-8.69%
Current Estimated Value
$6,987,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,052,865
Avg. Annual Appreciation
4.15%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Zlcw Llc $5,935,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2022 06/10/22 Off Market $5,935,000 -- --
01/06/2022 01/06/22 Sold $5,935,000 -8.7% $1,720 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $6,500,000 -- $1,884 / 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 $69,387 $384,057 $190,502 $193,555
2024 $69,387 $345,467 $220,860 $194,294
2023 $66,390 $326,898 $129,751 $197,147
2022 $61,565 $485,940 $220,860 $265,080
2021 $63,545 $522,180 $220,860 $301,320
2020 $63,465 $594,720 $220,860 $373,860
2019 $59,328 $689,820 $220,860 $468,960
2018 $54,647 $272,415 $118,431 $153,984
2017 $51,736 $256,996 $107,026 $149,970
2016 $50,362 $255,225 $101,610 $153,615
2015 $28,816 $253,422 $147,923 $105,499
2014 $28,816 $239,908 $119,023 $120,885
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10760136

Real Estate Board of New York (REBNY)

APN: 1422-0031