205 East 78th Street is a 20-story Art Deco building in Lenox Hill, built in 1925 and converted to a cooperative in 1982. The building offers amenities like a full-time doorman and laundry facilities, and allows various ownership arrangements including pied-a-terres and parents buying for children. Currently, 7 apartments are for sale.
Built in 1925 and converted to a cooperative in 1982, 205 East 78th Street is a 20 story Art Deco building in Lenox Hill featuring colorful glazed terracotta trim and attractive setbacks topped by a distinctive watertank enclosure. The building contains 218 apartments and offers a large lobby with coffered ceilings that was renovated in 2015 along with the hallways. The full service building provides a 24 hour doorman, live-in superintendent, and amenities including laundry facilities, private storage for rent, and a bike room.
Apartments throughout the building showcase classic prewar details including wood-burning fireplaces, high beamed ceilings, hardwood floors, and windowed kitchens and bathrooms. Many units feature custom built ins, crown moldings, and generous closet space, with some offering walk in closets. Upper floor apartments enjoy abundant natural light, with select residences offering south facing exposures, city skyline views, and in at least one case, a private planting terrace. Monthly maintenance includes electricity, heat, and hot water.
The cooperative has flexible policies, permitting pied-à-terres, co purchasing, guarantors, gifting, parents buying for children, and buying in trusts. Subletting is allowed for 2 out of 10 years after 2 years of owner occupancy. The building is pet friendly and allows in-unit washer/dryers and through wall air conditioners with board approval. Located at the corner of Third Avenue and East 78th Street, the building offers convenient access to the Q and 6 subway lines, the M79 Crosstown Bus, Central Park, and the Upper East Side's shopping and dining.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.
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