See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

244 E 49th St, New York, NY, 10017

4beds
4baths
4,560sqft
$6,195,000
$1,359price/sqft
$46,338/moest. monthly cost
$1,853,520/yrincome needed

About This Home

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

Getting Around

100
WalkingWalker's Paradise
100
TransitRider's Paradise
81
BikeVery Bikeable

Schools

8/10
Jhs 104 Simon BaruchGrades 6-81.4 mi
8/10

Construction

Condition

  • Year built: 1899

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Interior Area

  • Total structure area: 4,560
  • Total interior livable area: 4,560 sqft

Property

Details

  • Parcel number: 013220032
  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Garden
  • Has view: Yes
  • View description: City,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

  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hurricane
    HurricaneModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Cold Wave
Earthquake
Hurricane
Strong Wind
Winter Weather
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 $31,325$375,900
Home Insurance *$10,595$127,140
Property Taxes $3,665$43,980
Electricity $753$9,042
Total$46,338$556,056
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,588,731/yr
40% on housing$1,390,140/yr
45% on housing$1,235,680/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

$1,359This listing

vs Other Active Listings

Avg $/sqft

ZIP 10017$992
New York County$1,488

vs Homes Sold Last Month

Median $/sqft

ZIP 10017$750
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)

No zestimate history available

Price History

DateEventPrice
2026-03-16Price change$6,195,000
2025-07-14Price change$6,495,000
2025-05-01Price change$6,925,000
2024-10-08Listed for sale$7,200,000
2024-07-08Listing removed$7,200,000
2024-05-24Listed for sale$7,200,000
2024-04-03Listing removed--
2023-09-28Price change$29,500
2022-02-17Listed for rent$35,000
2018-11-01Listing removed$20,000
2018-06-26Price change$20,000
2017-10-25Listed for rent$22,000
2006-09-28Sold$3,900,000
2004-08-16Sold$3,900,000

For Sale by Agent

AgentLisa Larson
BrokerageSotheby's International Realty

Similar Homes