Listing Courtesy of Leslie J Garfield & Co Inc
$5,750,000
Potential Rebate: $86,250
Offered for the first time in decades, 251 East 71st Street is a one-of-a-kind townhouse that combines historic New York roots with a bold mid-century architectural statement. Originally constructed as a traditional brownstone in the 19th century, the building underwent a visionary redesign in 1969 by architect Maurice Medcalfe of Hills & Medcalfe. Medcalfe transformed the faade into a modernist icon with its smooth stucco exterior and signature convex oval windows a sculptural interpretation of the classic bay window that floods the interiors with natural light while offering a striking presence on the block. Inside, the home offers approximately 4,736 square feet across four stories plus a basement, currently configured with 4 bedrooms, an office, and 5 bathrooms, all in need of renovation. An office occupies the garden level, providing flexibility for live/work use, while the upper floors feature generously proportioned rooms ready to be reimagined for modern living. The home sits on a quiet, tree-lined block in Lenox Hill moments from Central Park, acclaimed restaurants, boutiques, and convenient transit. A rare opportunity to own an iconic piece of New York City architecture, 251 East 71st Street stands out as a testament to originality and craftsmanship, ideal for a discerning buyer who values history, design, and individuality.
$34,157 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$86,250
Monthly savings impact
$240/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).
2.5%
Experience
Member
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 Leslie J Garfield & Co Inc
Data Source: TRESTLE #RLS20036222

Compare average listing prices and value metrics for 251 East 71ST Street against the surrounding Lenox Hill market.
than the Lenox Hill price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Lenox Hill is the medical and residential heart of the UES. It is classic and clean. For buyers seeking Lenox Hill Manhattan real estate, it offers stability.
Living in Lenox Hill is polished. As a Manhattan NYC neighborhood, it is established.
The market for homes for sale in Lenox Hill includes white-glove co-ops.
The lifestyle in Lenox Hill is refined.
Lenox Hill is served by the 6 and Q trains.
Central Park is the western border.
Amenities: Luxury shopping on Madison Ave.
Lenox Hill is best for doctors and established families.

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