---
title: "38 East 63rd Street, New York City, NY 10065"
description: "38 East 63rd Street, New York City, NY 10065 — Townhouse in Lenox Hill, Manhattan, NY. Listing Price $13,700,000. Studio bed, 5 bath, 8,700 sqft Illustrative Buyer Commission Share of $205,500 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10065/38-east-63rd-street-ny-10065"
source: "Real Estate Rebate Team"
status: "Active"
---

# 38 East 63rd Street, New York City, NY 10065

Townhouse in Lenox Hill, Manhattan, NY

Courtesy of Modlin Group LLC

## At a Glance

- **Listing Price**: $13,700,000
- **Beds**: Studio
- **Total Baths**: 5
- **Sqft**: 8,700
- **Monthly Taxes**: $12,464 / mo
- **Price per Sqft**: $1,575
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $13,700,000
- **Illustrative Buyer Commission Share**: -$205,500*
- **Illustrative Net Cost**: $13,494,500

*Illustrative Buyer Savings of $205,500 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![38 East 63rd Street, New York City, NY 10065 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/746d54a2-7a68-4861-8c0e-61d8a133fcef.jpg)
![38 East 63rd Street, New York City, NY 10065 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ac7c2615-8e17-49e3-bfe5-d8f1e7a7d0e5.jpg)
![38 East 63rd Street, New York City, NY 10065 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4c47338e-f2e6-49c6-85f3-07d3ff8437d9.jpg)
![38 East 63rd Street, New York City, NY 10065 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7555a9bd-e143-42ed-85d4-cf85b5ada033.jpg)
![38 East 63rd Street, New York City, NY 10065 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5646ee33-f55d-44ef-8a93-33155d02dbde.jpg)
![38 East 63rd Street, New York City, NY 10065 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a2452877-09cd-4f6a-a378-5f63d800aa6f.jpg)
![38 East 63rd Street, New York City, NY 10065 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c1944fd6-9396-4ce0-99a7-c722ba0fb687.jpg)
![38 East 63rd Street, New York City, NY 10065 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b00e31a1-d4dc-4af5-a66b-b3be763e7ec1.jpg)
![38 East 63rd Street, New York City, NY 10065 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/84f23ea0-0efe-4d50-883c-cfb35dca3065.jpg)
![38 East 63rd Street, New York City, NY 10065 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/51063d16-4f4e-48a9-b515-b52767e23343.jpg)

## Property Overview

Built in 1880 by acclaimed architect F. S. Barus, 38 East 63rd Street is a Neo-Georgian townhouse that is 18 feet wide and about 7,155 square feet above ground. It features flexible open office spaces, plus an additional 1,545 square feet on the lower level for storage and mechanical systems. The property is ideally located between Park and Madison Avenues on a quiet, tree-lined block with historic homes.

The building's facade was redesigned in 1904 by architect William Strom in an elegant Neo-Georgian style for banker John Greenough and his family. The distinctive facade features a gracefully bowed front across the first three levels, anchored by a limestone base with finely detailed window surrounds and trim, along with a classic balcony that enhances its refined architectural presence.

The composition subtly echoes the superb Cross &Cross Neo-Georgian facade of the grand 40-foot-wide mansion at 36 East 63rd Street next door, built in 1930, creating a harmonious architectural dialogue between the two neighboring residences and reinforcing the historic elegance of this exceptional block.

In 2026, this architecturally significant townhouse presents a rare opportunity to convert into an exceptional single-family residence or to take advantage of its Community Facility zoning, which allows for a wide range of permitted uses within New York City.

Potential uses include:
- Public and private schools, colleges, universities, and libraries
- Museums and cultural institutions
- Religious schools and institutions
- Hospitals, annexes, nursing homes, and medical clinics
- Outpatient care and mental health facilities
- Long-term care residences
- Non-profit art galleries
- Community centers and philanthropic foundations
- Daycare centers and nonprofit social service organizations

Positioned in one of Manhattan's most prestigious neighborhoods, the property sits at the epicenter of New York City's luxury retail corridor, moments from Central Park and Fifth Avenue, as well as some of the city's most celebrated shopping and dining destinations.

The townhouse spans five full floors, all serviced by an expansive wood-paneled commercial elevator. Additional highlights include:

- 12-foot ceilings on the parlor level
- Large windows overlooking one of the Upper East Side's most attractive historic townhouse blocks
- Multiple outdoor spaces, including a small garden, terrace, and solarium

With its generous scale, architectural pedigree, and exceptional zoning flexibility, 38 East 63rd Street represents a rare acquisition opportunity that can be optimized for a variety of residential, institutional, medical, educational, or cultural uses.

The property is represented by Modlin Group, Brown Harris Stevens and Cushman & Wakefield.

## Property Details

- **Property Type**: Single Family Residence
- **Total Baths**: 5
- **Rooms**: 15
- **Sqft**: 8,700 sqft
- **Stories**: 5
- **Year Built**: 1880
- **Price per Sqft**: $1,575
- **Monthly Taxes**: $12,464 / mo
- **Listed On**: Mar 20, 2026
- **Days on Market**: 176 Days

### Residence Features

- In Unit

## Sales Evidence

### Recent closed sales

38 East 63rd Street has one recorded sale since September 2021, the most recent for $21,000,000 in March 2024. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| Entire property (Multi Family) | 9 | 10,000 | $21,000,000 | $2,100/ft² | March 4, 2024 | MLS |

### How this price compares

The median closed price for comparable house sales in Lenox Hill is $13,900,000, based on 38 sales between October 2021 and August 2026. This home is asking $13,700,000, $200,000 below that median. The middle half of those sales closed between $7,537,500 and $20,115,000.

- **Median closed price**: $13,900,000
- **Middle half**: $7,537,500 – $20,115,000
- **Based on**: 38 house sales in Lenox Hill
- **Period**: October 2021 – August 2026
- **Median $/ft²**: $1,529/ft²

Across the 36 of these sales with a published asking price, the median closed at 89% of what it originally asked. 86% of them closed below the original ask.

A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Lenox Hill. Apartment sales are excluded from it entirely.

### How these sales were negotiated

- **Sold vs original ask**: 89% of the original ask
- **Closed below ask**: 86% of 36 sales
- **Listed → in contract**: 244 days (about 35 weeks)
- **In contract → closed**: 47 days (about 7 weeks)

Across the 36 of these sales with a published asking price, the median closed at 89% of what it originally asked. 86% of them closed below the original ask.

Half of these homes were in contract within 244 days (about 35 weeks) of coming to market, based on the 36 with a recorded listing date.

Once a deal was agreed, closing took a further 47 days (about 7 weeks), based on the 36 with both dates recorded.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 38 house sales in Lenox Hill, October 2021 – August 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 38 East 63RD Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/38-east-63rd-street)

## Price and Property History for 38 East 63rd Street

Review the recorded listing activity for 38 East 63rd Street, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $800,000, or 5.5%, on July 20, 2026
- **Originally listed**: March 12, 2026 at $14,500,000
- **Current asking price**: $13,700,000

| Date | Price | Listing event |
| --- | --- | --- |
| July 20, 2026 | $13,700,000 | Asking price reduced by $800,000, or 5.5% |
| March 12, 2026 | $14,500,000 | Listed for sale by Modlin Group LLC |

## Property Tax History

Taxes at 38 East 63rd Street were $157,007 in 2026, up 5.8% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $1,458,900 | $715,500 | $743,400 | $1,458,900 | $157,007 | 10.762% (estimated) |
| 2025 (FY 2025/26) | $1,378,800 | $715,500 | $663,300 | $1,378,800 | $148,386 | 10.762% (estimated) |
| 2024 (FY 2024/25) | $1,359,000 | $715,500 | $643,500 | $1,359,000 | $146,256 | 10.762% |
| 2023 (FY 2023/24) | $1,673,550 | $715,500 | $958,050 | $1,605,950 | $170,102 | 10.592% |
| 2022 (FY 2022/23) | $1,465,200 | $715,500 | $749,700 | $1,465,200 | $155,985 | 10.646% |
| 2021 (FY 2021/22) | $1,327,050 | $715,500 | $611,550 | $1,327,050 | $142,724 | 10.755% |
| 2020 (FY 2020/21) | $1,813,950 | $715,500 | $1,098,450 | $1,743,110 | $186,408 | 10.694% |
| 2019 (FY 2019/20) | $1,812,600 | $715,500 | $1,097,100 | $1,708,920 | $180,069 | 10.537% |
| 2018 (FY 2018/19) | $1,723,500 | $715,500 | $1,008,000 | $1,662,300 | $174,774 | 10.514% |
| 2017 (FY 2017/18) | $1,770,300 | $715,500 | $1,054,800 | $1,633,662 | $171,763 | 10.514% |
| 2016 (FY 2016/17) | $1,657,800 | $715,500 | $942,300 | $1,581,459 | $167,223 | 10.574% |
| 2015 (FY 2015/16) | $1,580,400 | $715,500 | $864,900 | $1,551,759 | $165,355 | 10.656% |
| 2014 (FY 2014/15) | $1,579,500 | $715,500 | $864,000 | $1,535,679 | $164,072 | 10.684% |
| 2013 (FY 2013/14) | $1,580,298 | $715,500 | $864,798 | $1,473,579 | $152,118 | 10.323% |
| 2012 (FY 2012/13) | $1,509,300 | $715,500 | $793,800 | $1,401,420 | $144,178 | 10.288% |
| 2011 (FY 2011/12) | $1,509,300 | $715,500 | $793,800 | $1,337,160 | $135,748 | 10.152% |
| 2010 (FY 2010/11) | $3,496,500 | $715,500 | $2,781,000 | $1,640,700 | $169,189 | 10.312% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 1013770045. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 38 East 63rd Street

38 East 63rd Street, New York, NY 10065

A Townhouse in the neighborhood built in 1880.

- **Year Built**: 1880
- **Total Units**: 2
- **Floors**: 5

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/38-east-63rd-street)

### Available Residences — For Sale (2)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10065/38-east-63rd-street-ny-10065) | Studio | 3 | 8,700 sqft | $1,575 | $13,700,000 (-5.5%) | Modlin Group LLC | Mar 20, 2026 | 175 days |
| [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10065/38-east-63rd-street-ny-10065) | Studio | 3 | 8,700 sqft | $1,575 | $13,700,000 (-5.5%) | Brown Harris Stevens Residential Sales LLC | Mar 20, 2026 | 175 days |

## Estimated Monthly Payment

**$81,739 / month**, assuming a 20% down payment ($2,740,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $69,275
- **Property Taxes**: $12,464

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Lenox Hill

Overview of Lenox Hill

[Explore Lenox Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lenox-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Lenox Hill

- [Inwood real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/inwood)

## Related Links

- [38 East 63RD Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/38-east-63rd-street)
- [Lenox Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lenox-hill)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> 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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.