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266 W 71st St, New York, NY, 10023

4beds
5baths
3,520sqft
$4,995,000
$1,419price/sqft
$34,135/moest. monthly cost
$1,365,400/yrincome needed

About This Home

A rare opportunity to restore and reimagine a historic Upper West Side townhouse on one of the neighborhood’s most beautiful tree-lined blocks. This elegant residence is rich with original architectural details, timeless charm, and offers extraordinary potential. Originally constructed in the late 19th century as part of a distinguished row of Renaissance Revival brownstones, the home retains many of its original features, including intricate moldings, decorative paneling, six fireplaces, and soaring ceiling heights throughout. An elegant stoop entry leads into graciously scaled rooms filled with warmth, character, and historic authenticity. The house offers an exceptional foundation for customization, presenting a rare chance to create a truly remarkable residence while honoring the integrity of its historic design. A large south-facing garden provides beautiful natural light and a peaceful outdoor retreat rarely found in Manhattan townhouse living. Perfectly positioned moments from Riverside Park, Central Park, Lincoln Center, and the best of the Upper West Side’s celebrated restaurants, schools, and cultural institutions, 266 West 71st Street represents a rare opportunity to restore and personalize a significant piece of New York architectural history — an elegant townhouse rich with original craftsmanship, scale, and character. 266 West 71st Street presents a rare opportunity to create a magnificent single-family residence in the heart of the Upper West Side. Located within an R8B residential zoning district and currently classified as a hotel (H3), the property offers a unique opportunity for a purchaser to pursue approvals for a single-family certificate of occupancy, creating an exceptional townhouse tailored to their vision.

Getting Around

94
WalkingWalker's Paradise
100
TransitRider's Paradise
90
BikeBiker's Paradise

Schools

10/10
9/10
Special Music SchoolGrades K-120.3 mi

Construction

Condition

  • Year built: 1899

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood
  • Fireplace: Yes

Interior Area

  • Total structure area: 3,520
  • Total interior livable area: 3,520 sqft

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Courtyard,Garden

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hurricane
    HurricaneModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Inland Flooding
Strong Wind
Winter Weather
Hurricane
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $25,257$303,084
Home Insurance *$5,342$64,104
Property Taxes $2,955$35,460
Electricity $581$6,980
Total$34,135$409,620
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,170,342/yr
40% on housing$1,024,050/yr
45% on housing$910,266/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,419This listing

vs Other Active Listings

Avg $/sqft

ZIP 10023$1,582
New York County$1,488

vs Homes Sold Last Month

Median $/sqft

ZIP 10023$1,735
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-02Listed for sale$4,995,000
2019-01-08Sold$5,200,000
2018-11-13Pending sale$5,595,000
2018-05-05Listed for sale$5,595,000
2017-04-13Listing removed$5,995,000
2017-01-23Price change$5,995,000
2016-10-26Listed for sale$6,500,000

For Sale by Agent

AgentJonathan Banks
BrokerageCompass

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