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Morgan Studios, 170 East 78th Street, #8F

$775,000 -11.4% | 1 bed, 1 bath
445 days on Market

Key Details

  • Listed: Nov 8, 2021
    Last Price Change: -11.4% ($100,000) on Sep 26
    Days on Market: 445
    Building Type: Cooperative
    Neighborhood: Lenox Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 493 times
Monthly Maintenance: $3,679
Total Taxes & Fees: $3,679
Est. Monthly Mortgage: $2,414
Total Est. Monthly Carrying Cost: $6,093
Note: the above is based on a down payment of 50% ($387,500), which is the minimum amount permitted by the building.

Description

Timeless elegance awaits in this voluminous one-bedroom prewar cooperative at the acclaimed Morgan Studios Building, located in prime Lenox Hill. Dramatic 13’ ceilings with oversized, sun-flooded windows and a wood burning fireplace provide both a sense of opulence and coziness with original hardwood floors, beams and moldings completing the look. Both the eat-in kitchen and bathroom are windowed, plus there is abundant closet and storage space throughout. Currently configured as a two-bedroom with many original details, this apartment presents the opportunity to customize and configure it to your lifestyle. Conveniently located on a beautiful tree-lined street 1 block from the subway, and with an abundance of great restaurants, boutiques, markets, and parks nearby!

Built in 1927, this elevator building has a 24-hour doorman, live-in resident manager, laundry room, and storage. Pets are allowed with board approval. Maintenance includes a $287 capital assessment.

2.5% flip tax paid by buyer, 50% max financing, please.

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Listing Agent (Seller's Representative)

Pricing History

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About Morgan Studios, 170 East 78th Street

55

Morgan Studios, 170 East 78th Street has received a CityRealty Rating of 55, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

18
Out of 44
+
25
Out of 36
+
12
Out of 39
=
55
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 40 blocks 2 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
More than 6 Short Blocks 0 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
14 or more Feet 4 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • FT Doorman
  • Elevator

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Pros
  • Doorman
  • Good local shopping and restaurants
  • Convenient to many schools and religious institutions
  • Near Lenox Hill Hospital
  • Very good public transportation
  • Very attractive- quiet street
  • Very tall ceilings
  • Canopied entrance
  • Close to Subway
Cons
  • No health club
  • Three-step-down vestibule
  • No sidewalk landscaping
  • No garage
  • No roof deck
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Subways

  1. 6
at Lexington Ave 0.07 miles
  1. 4
  2. 5
at Lexington Ave 0.43 miles

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Listing provided courtesy of Compass