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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. Buy
  3. New York City
  4. Manhattan
  5. 10021
  6. 116 East 61st Street
Property thumbnail
1 / 19
•Upper East Side

116 East 61st Street, New York City, NY 10021

Listing Courtesy of Nest Seekers LLC

$15,950,000

Potential Rebate: $239,250

6 Beds
6 Baths
10 Rooms
5,750 sqft
Built 1869
4 Stories
2,774/ft²
Listed on Feb 9, 2024
686 days on market
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Overview

116 East 61st Street stands as a beacon of elegance and sophisticated living in the heart of Lenox Hill, off the prestigious Park Avenue. This single-family townhouse, meticulously restored and once the domain of an internationally renowned interior designer, merges historic charm with modern luxury across its five-storied, triple-mint condition facade. With an impressive 5,750 square feet of living space, the residence boasts a myriad of amenities including a custom artisan elevator, central air conditioning, a Crestron System for modern convenience, and a security system ensuring peace of mind. The gated entry opens onto the garden level and unveils an elegant white exterior, leading into a contemporary chef’s kitchen on the first floor, complete with French limestone floors, Venetian plaster walls, a breakfast booth, island seating, and pocket doors for an intimate dining experience. The spacious dining room, adorned with a working fireplace, connects through three large French doors to a sun-filled, south-facing garden, presenting a perfect backdrop for grand gatherings. Ascending to the parlour level, one finds a palatial living room with soaring 12 ft ceilings, neoclassical moldings, and open views, complemented by a sophisticated library across the landing, featuring built-in banquettes, deluxe wet bar, and an additional fireplace. The third floor is dedicated to a luxurious primary suite, featuring high ceilings, fireplace, and an ensuite marble bathroom with a separate tub and shower, leading into an expansive dressing room. The fourth floor houses two additional large bedrooms, both with ensuite baths and picturesque views, highlighting the home’s thoughtful design—blending single-family comfort with Park Avenue elegance. The pinnacle of the residence is the rooftop terrace, offering sweeping city views and an ideal setting for entertaining On the lower level of the townhouse, a full-height, finished basement includes a gym, a large laundry room, and ample storage space, rounding out the home's extensive amenities. 116 East 61st Street is a masterpiece of design and craftsmanship, offering a unique blend of privacy, luxury, and convenience in one of Manhattan’s most desirable neighborhoods, making it a truly exceptional place to call home.

Home Features

  • •Central Air
  • •Natural Gas
  • •Common Area
  • •Building Roof Deck
  • •Garden
  • •Private Outdoor Space Under 60 Sqft
  • •City

Estimated Monthly Payment

$87,192 per month

30 year fixed, 6.28% Interest

Principal and Interest
$78,815
Property Taxes
$8,378
Maintenance/Common Charges
$0

Estimated Rebate for this Home

One-time rebate at closing

$239,250

Monthly savings impact

$665/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

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Why Buy With Us

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Listings

RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Nest Seekers LLC

Data Source: TRESTLE #RLS10965306

REBNY Logo

Price Analysis

Compare average listing prices and value metrics for 116 East 61st Street against the surrounding Upper East Side market.

Based on 1 active units in building vs 121 in area

Average List Price

Building$16.0M
Neighborhood$4.9M

Price Per SqFt

Building Avg$2,774/ft²
Neighborhood Avg$1,395/ft²
Premium Market

98.87% Higher

than the Upper East Side price-per-sq-ft average

This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Upper East Side.

Upper East Side

Upper East Side

Overview of Upper East Side

The Upper East Side (UES) is the epitome of classic New York wealth and culture. Stretching from Central Park to the East River, it is home to Museum Mile, Madison Avenue fashion, and some of the most prestigious addresses in the world. For buyers seeking Upper East Side Manhattan real estate, it offers a lifestyle of polished elegance and safety.

Living in the Upper East Side ranges from the ultra-luxury of Fifth Avenue to the bustling, younger energy of Second Avenue. As a premier Manhattan NYC neighborhood, it remains the gold standard for residential stability and top-tier schools.

Real Estate & Housing Market

The market for homes for sale in the Upper East Side is surprisingly diverse. While famous for $20 million townhouses and co-ops, the eastern avenues (Yorkville) offer excellent value for studios and one-bedrooms.

It is valid to say it has two markets: the "Gold Coast" west of Lexington (historic, expensive, co-op heavy) and the area east of Lexington (more condos, more rentals, more affordable).

Lifestyle & Community

The lifestyle on the UES is refined. Residents spend weekends at the Met or the Guggenheim, jogging in Central Park, and dining at established bistros. It is less trendy than downtown but more livable.

The community is generational. You will see grandmothers and toddlers who both grew up in the neighborhood. It feels established, clean, and manicured.

Transportation & Accessibility

The Upper East Side was transformed by the Second Avenue Subway (Q train), which relieved pressure on the 4/5/6 line. Now, the area feels incredibly connected to Midtown and downtown.

The crosstown buses through the park (at 65th, 79th, 86th, 96th) are vital lifelines to the West Side.

Parks, Schools & Amenities

Central Park is the neighborhood's front yard. Carl Schurz Park on the East River is a hidden gem with a dog run and promenade.

Amenities are world-class. The area has the highest concentration of private schools in the city (Dalton, Spence, Chapin) and top hospitals (Lenox Hill, Mt Sinai), making it a magnet for families and professionals.

Who This Neighborhood Is Best For

The Upper East Side is best for families, culture lovers, and anyone who wants a classic, safe, and green New York City experience.

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