157 East 78th Street
349 days on Market
Key Details
-
Listed: Jun 1, 2023Last Price Change: -7.5% ($400,000) on Sep 22Days on Market: 349Building Type: TownhouseNeighborhood: Lenox Hill (Manhattan)Listing viewed 142 times
Monthly Real Estate Taxes:
$5,350
Total Taxes & Fees:
$5,350
($1.73/ft2)
Est. Monthly Mortgage:
$26,662
Mortgage calculator
Total Est. Monthly Carrying Cost:
$32,012
($10.33/ft2)
Note: the above is based on a down payment of 20% ($980,000),
which is the minimum amount permitted by the building.
Insider Highlights
- Spacious and Charming: The property offers approximately 3,100 square feet of living space, featuring 4 bedrooms and 3.5 bathrooms. It includes elegant living/dining areas with decorative fireplaces, adding to its unique charm and character.
- Outdoor Space: The townhouse includes an 850 square foot garden, perfect for outdoor relaxation or entertainment. It's south-facing, ensuring plenty of natural light.
- Potential for Expansion: The property offers potential for 120 square feet of expansion space, providing flexibility for future needs. It also includes a large basement that can be used for additional storage, a wine cellar, or a gym.
- Well-Maintained: The home has been well-maintained with a roof under warranty until 2033, upgraded electricity, and two new 74-gallon gas-powered water heaters. It also includes a washer/dryer for convenience.
- Investment Opportunity: The townhouse offers a live/work opportunity, making it a great investment for those looking for a home that can also serve as a workspace.
- Prime Location: This historic townhouse, built in 1899, is located in the fashionable Lenox Hill neighborhood on the Upper East Side. It's in close proximity to the Metropolitan and Frick Museums, Central Park, high-end boutiques, world-renowned cuisine, and medical facilities.
Description
Investment opportunity! 157 E 78 now $4.9 million. Enjoy single family living or LIVE/WORK in this 18 foot wide 4 floor south facing, sun filled townhouse on one of the Upper East Side’s most fashionable treelined blocks. This historic home boasts a roof under warranty until 2033, upgraded electricity and 2 new 74 gallon gas powered water heaters.
With approximately 3139 square feet of living space, an 850 square foot garden and the potential for 120 square feet of potential expansion space to be confirmed by the purchasers architect and the DOB this is a spectacular investment. Enter this residence at street level to an entry hall complete with a powder room, an eat in kitchen and a large and elegant living/dining area with a decorative fireplace that is adjacent to the welcoming outdoor space. On the second floor you will find the expansive double parlor with two decorative fireplaces, a restful study, a mini kitchen and a small powder room.
The third and fourth floors provide private space with four bedrooms, three baths and generous closets. In addition this home has three additional half baths. The large basement with washer/dryer and small bath provides an opportunity for additional storage, a wine cellar, or a gym.
The monthly taxes are currently $5350. Manhattan’s Upper East Side is home to the Metropolitan and Frick Museums, the aesthetics and recreational options of Central Park, haute couture boutiques, as well as world renowned cuisine and medical facilities. This is an opportunity not to be missed. Call for an appointment.
With approximately 3139 square feet of living space, an 850 square foot garden and the potential for 120 square feet of potential expansion space to be confirmed by the purchasers architect and the DOB this is a spectacular investment. Enter this residence at street level to an entry hall complete with a powder room, an eat in kitchen and a large and elegant living/dining area with a decorative fireplace that is adjacent to the welcoming outdoor space. On the second floor you will find the expansive double parlor with two decorative fireplaces, a restful study, a mini kitchen and a small powder room.
The third and fourth floors provide private space with four bedrooms, three baths and generous closets. In addition this home has three additional half baths. The large basement with washer/dryer and small bath provides an opportunity for additional storage, a wine cellar, or a gym.
The monthly taxes are currently $5350. Manhattan’s Upper East Side is home to the Metropolitan and Frick Museums, the aesthetics and recreational options of Central Park, haute couture boutiques, as well as world renowned cuisine and medical facilities. This is an opportunity not to be missed. Call for an appointment.
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Listing courtesy of
Corcoran Group
Pricing History
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