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

6beds
8baths
6,626sqft
$5,500,000
$830price/sqft
$38,041/moest. monthly cost
$1,521,640/yrincome needed

About This Home

338 West 71st Street presents a rare opportunity to acquire a classic Upper West Side townhouse that is already well into an extensive renovation. Situated on one of the UWS's most desirable tree-lined blocks, on a rare cul-de-sac street, the home has been thoughtfully designed as an expansive single family residence spanning the upper four levels. The primary home features four generously proportioned bedroom suites, four full bathrooms, six modernized fireplaces, elegant bay windows, and charming historical characteristics throughout. The parlor floor serves as the heart of the home, offering spacious living and dining areas, bespoke under-stair storage, and a conveniently located powder room. The chef's kitchen was designed for effortless entertaining and is complemented by two private balconies. The second floor is configured as a luxurious residential level, anchored by a large primary suite with an ensuite bath and walk-in closet, alongside a sizable second bedroom and an additional full bathroom. The third floor offers exceptional flexibility with an additional two bedrooms, den/office, laundry room, and two full bathrooms. Crowning the residence, the fourth floor delivers a true penthouse experience. An open kitchen and dining area are framed by both north and south exposures, flooding the space with natural light throughout the day. The south-facing terrace captures rare open views stretching across the Upper West Side toward Lincoln Square, creating an exceptional indoor-outdoor retreat seldom found in townhouse living. The garden level, with its own entrance, provides remarkable flexibility as a contemporary complement to the historic residence above. Whether utilized as a private guest suite or income-producing residence, the thoughtfully designed two-bedroom layout includes two-and-a-half bathrooms, a modern kitchen, abundant storage, and direct access to a private landscaped garden. Below, the cellar provides generous storage, laundry facilities, and additional space ready to be customized. 338 West 71st Street offers the uncommon opportunity to acquire a historically significant residence that has already advanced through the most demanding stages of redevelopment while preserving the freedom to tailor the final details. The result is a home that seamlessly blends historic architecture with contemporary luxury—crafted to reflect the vision of its next owner.

Getting Around

94
WalkingWalker's Paradise
100
TransitRider's Paradise
79
BikeVery Bikeable

Schools

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

Construction

Condition

  • Year built: 1900

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

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

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 8
  • Full bathrooms: 6
  • 1/2 bathrooms: 2

Features

  • Flooring: Hardwood
  • Fireplace features: Gas
  • Fireplace: Yes

Interior Area

  • Total structure area: 6,626
  • Total interior livable area: 6,626 sqft

Property

Details

  • Parcel number: 011820147
  • Special condition: Resale

Features

  • Patio & porch: Other,Deck,Terrace
  • Exterior features: Courtyard,Balcony,Garden,Private Roof Deck,Terrace
  • Has view: Yes
  • View description: City,Garden,Skyline

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 $27,810$333,720
Home Insurance *$5,882$70,584
Property Taxes $3,254$39,048
Electricity $1,095$13,140
Total$38,041$456,492
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,304,262/yr
40% on housing$1,141,230/yr
45% on housing$1,014,426/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

$830This listing

vs Other Active Listings

Avg $/sqft

ZIP 10023$1,588
New York County$1,489

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
2026-07-22Listed for sale$5,500,000
1993-09-28Sold$378,000

For Sale by Agent

AgentGregg Haft
BrokerageCompass

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