244 East 49th Street, New York (Turtle Bay), NY, 10017 | $7,200,000

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 home’s 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 chef’s 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 butler’s 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, you’ll 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 Hepburn’s original mirrored vanity left intact. Down the hall in the front, you’ll 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.

Features

  • Town: New York
  • Amenities: Alarm System; Garden; Laundry Room; Wine Cellar;
  • Rooms: 9
  • Laundry: InUnit
  • Year Built: 1899
  • Cooling: Unknown Type
  • Building Access : Walk-up
  • Service Level: Voice Intercom
  • Built Size: 19'x48'
  • OLR#: PRCH36913215
  • Days on Market: 45 days
  • Website: https://www.raveis.com
    /eprop/PRCH36913215/244east49thstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Sotheby's International Realty, Inc.

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NMLS Mortgage Loan Originator ID 1880936

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Sarah.Alvarez@Raveis.com

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244 East 49th Street, New York (Turtle Bay), NY, 10017

$7,200,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $5,760,000 $5,760,000 $5,760,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.769% 6.270% 5.864%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $32,254 $34,998 $47,447
Total Monthly Payment $32,379 $35,123 $47,572

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.