121 East 61st Street, New York City, NY 10065
Listing Courtesy of Leslie J Garfield & Co Inc
$6,995,000
Potential Rebate: $104,925
Overview
Welcome to 121 East 61st Street, a five-story townhouse situated in a prime Manhattan location. Currently configured as a three-unit building, this versatile property offers a rare blend of residential and professional space, ideal for a variety of uses.
The garden level features a medical office, while the second floor provides professional office space—perfect for a live-work setup or investment opportunity. The upper three floors comprise a spacious residential triplex, complete with a formal dining room, kitchen, living room with fireplace, and a private outdoor terrace—an exceptional retreat in the heart of the city.
The fourth floor includes two generously sized bedrooms and two full bathrooms. The fifth floor offers two large bedrooms, two smaller bedrooms, and an additional full bath. Beautiful hardwood floors run throughout the residence.
121 East 61st Street presents a remarkable opportunity for a single-family conversion. Whether you're seeking a premier investment property, a professional space with on-site living, or a magnificent private residence, this townhouse offers limitless potential in one of New York City’s most desirable neighborhoods.
Located on East 61st Street, this townhouse offers a prime location in the heart of the Upper East Side with Madison Avenue’s exclusive stores, galleries, the finest private schools the city has to offer, and nearby haute couture boutiques. The Metropolitan Museum of Art and the Frick Collection are close at hand along with numerous world-class restaurants and charming cafes. In addition, Central Park, just steps away, provides an oasis of greenery and recreation opportunities.
Home Features
- •In Unit
Estimated Monthly Payment
$38,742 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$104,925
Monthly savings impact
$291/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
Rebates Up To
2.5%
25+ Years
Experience
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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 Leslie J Garfield & Co Inc
Data Source: TRESTLE #RLS20020980
Price Analysis
Compare average listing prices and value metrics for 121 East 61st Street against the surrounding Lenox Hill market.
Average List Price
Price Per SqFt
33.72% Lower
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
Overview of Lenox Hill
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.
Real Estate & Housing Market
The market for homes for sale in Lenox Hill includes white-glove co-ops.
Lifestyle & Community
The lifestyle in Lenox Hill is refined.
Transportation & Accessibility
Lenox Hill is served by the 6 and Q trains.
Parks, Schools & Amenities
Central Park is the western border.
Amenities: Luxury shopping on Madison Ave.
Who This Neighborhood Is Best For
Lenox Hill is best for doctors and established families.
