RealtyLens
for saleRealtyLens property overview
$6,195,000

244 E 49th St

New York, NY, 10017
View more New York, NY property pages
4Beds
3.5Baths
4,560Sqft
$1359$/sqft

Listing Notes

244 East 49th Street is an opportunity for a discerning buyer to own the former long-term residence of iconic actress Katharine Hepburn. The epitome of New York glamour defines this gorgeous 19-foot-wide townhouse, which seamlessly blends the homes special architectural character with modern sensibilities. Boasting graciously scaled rooms, 6 fireplaces, approximately 4, 600 square feet of meticulously finished interior space, and an enchanting 1, 000 square foot south-facing rear garden, this gracious home stands four stories high with 4 bedrooms and 3.5 baths. Published in design magazines, this 1899-built house has been masterfully restored and renovated and praised for its elegant interiors and carefully selected luxury furnishings. 244 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 dining room as well as a powder room. The beautifully designed eat-in kitchen is a chefs dream, featuring top-of-the-line appliances including a 48 Thermador six-burner plus griddle vented range and double ovens, Sub-Zero refrigerator, Miele dishwasher, custom designed cabinetry, stone countertops, and a built-in breakfast table and banquette. Adjacent to the kitchen is the tasteful butlers pantry with Sub-Zero wine cooler which flows into the south-facing sunlit dining room complemented by a stunning original marble wood-burning fireplace, beautiful hardwood floors, and a wall of windows. Exit the dining room glass door to find the perfect outdoor urban oasis. The 1, 000 square foot bi-level flagstone patio and landscaped irrigated garden is enhanced by mature trees, peaceful fountain, and flowering bushes. Beyond a low wooden gate, youll 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 grand and gracious front parlor with soaring 11 ceilings is currently used as an elegant formal living room with a gorgeous marble mantle fireplace and three French doors opening to a charming Juliette balcony that runs the width of the house. Separated by a stylish wet bar, the sunlit rear library, with a wood-burning fireplace and a carved wooden mantel, is highlighted by floor-to-ceiling windows showcasing the beauty and serenity of the backyard gardens. THIRD FLOOR: The elegant primary bedroom featuring another wood-burning fireplace, high ceilings, and three floor-to-ceiling windows overlooking verdant gardens comes replete with a walk-in-closet renovated bathroom with claw-foot soaking tub, glass stall shower, and double sinks, as well as Katharine Hepburns original mirrored vanity left intact. Down the hall in the front, youll find another wonderfully proportioned bedroom (currently used as an intimate sitting room and office) with a fireplace and three large windows. FOURTH FLOOR: Ascending the intricately carved and impeccably restored wooden staircase to the top floor, light streams in from the skylight above. On this level are two generously scaled bedrooms with beautifully finished hardwood floors, oversized windows, and each with renovated bathrooms ensuite and custom outfitted walk-in closets. LOWER LEVEL: The lower level houses a wine cellar, laundry room, half bathroom, and enviable storage space. The elegant interiors are complemented by substantial capital upgrades, including oil to natural gas conversion, multi-zoned central air-conditioning and heating, A/V system, and security system. This special home must be seen to be fully appreciated.

Market Insights

Below nearby median-20%

$1359/sqft vs a nearby median of $1697/sqft.

Nearby median$1697/sqft
Nearby properties8
Property size4,560 sqft
  • -20% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 4,560 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$8.05M$7.32M$8.77M · 50% confidence
vs ask $6.20M−$1.85M (−29.9%)

Asking price is about 29.9% below the fair value — likely to draw competing offers if it's still on market.

$1,697/sqft median across 7 tight comps × 4,560 sqft= $7.74M
  • Visible condition issues−$232k −3.0%
  • Transit access+$193k +2.5%
  • Pre-war character+$193k +2.5%
  • High-density walkability+$155k +2.0%
Cumulative NYC adjustments+$310k+4.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-20% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
57 days
Last price change
No change recorded
Listed
Mar 17, 2026
Photos
22 photos
Property type
townhomes
Status
for sale
Last sold
Aug 16, 2004 · $3,900,000

Features & Amenities

City ViewFireplaceViewBasementTwo Or More StoriesHigh CeilingWine CellarLibraryEnsuite

Photos

Building Facts

Year built
1899
Stories
4
Total units
1
Residential units
1
Building area
4,560 sqft
Lot size
1,908 sqft
Land use
One and two family buildings
Building class
A4

From NYC public records where available.

Price History

May 4, 2026Initial record
$6,195,000for sale

Public Records

DOB violations0 open

0 total recorded against the building

HPD violations0 open

0 total recorded

ACRIS documents10

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)10,127

Top: homeless person assistance

Top complaint types in ZIP 10017

  • Homeless Person Assistance1,444
  • Vendor Enforcement862
  • Illegal Parking786
  • Noise725
  • HEAT/HOT WATER608

Recent Transfers (ACRIS)

  • Aug 16, 2004DEED$3,900,000
  • Mar 4, 1996DEED

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.