Seller's Agent in 2022
Serena Boardman
Sothebys International Realty
(212) 606-7611
15 in this area
67 Total Sales
120 E 78th St New York, NY 10075
Metropolitan Hill NeighborhoodEstimated Value: $3,577,000 - $14,876,503
8
Beds
8.5
Baths
8,316
Sq Ft
$1,110/Sq Ft
Est. Value
Highlights
- Rooftop Deck
- 1-minute walk to 77 Street (4,6 Line)
- Terrace
- P.S. 6 Lillie D. Blake Rated A
- Pre War Building
- Den
About This Home
As of November 2022Delano & Aldrich's upper east side masterpiece, 120 East 78 Street boasts a beautiful, bold and distinct facade. Most fortunately this unique townhouse has benefited from excellent stewardship, and in addition to the inspired facade remaining unaltered, most of the gorgeous original interior details remain intact.
Delano & Aldrich where the chosen architects of many of New York's influential families and the firm designed some of New York's most celebrated and important residential buildings, as well as the Knickerbocker Club, the Colony Club and the Union Club and both Chapin and St. Bernard's schools.
Commissioned in 1930 by banker Henry R. Winthrop upon his daughter's engagement, the architects of this house, envisioned a neo-Georgian residence with a scene-stealing entrance niche. Delano & Aldrich created the dramatic entrance by cutting deeply into the façade with a sweeping curved marble staircase that leads up to the offset entrance door. The arms of the elegant iron fence bow out, mirroring the shape of the entrance alcove. The upper floors of red brick are subtly trimmed in limestone. Inside the rooms boast French paneling, rich hardwoods and carved marble mantles which among other period details have been meticulously maintained and carefully restored.
The house offers 14 rooms on 8 stories above grade with many principal rooms boasting floor to ceiling windows with double exposures facing South and West, bathing them with abundant southern light. With well over 10,000 square feet of interior living space, the house offers a grand formal living room and elegant dining room, a handsome wood paneled library, 8 beautifully proportioned bedrooms each with its own bathroom and 8 fireplaces, a large eat-in chefs' kitchen with custom cabinetry, a full-size gym and Pilates studio with massage room, and even a large wine storage which can accommodate over 600 bottles.
There are numerous outdoor spaces as well, including a private garden off the lower level, a planted terrace adjacent to the dining room on the parlor level and another on the 7th floor, and a roof terrace on the top floor of the house. The house is distinguished by a graceful elliptical staircase which is capped by a large skylight that floods the house with sunlight. An elevator conveniently accesses all floors of the house as does a very practical back staircase.
Proudly positioned on one of the most lovely and coveted blocks on the upper east side, 120 East 78 Street is a testament to the best of New York's architectural history. However, despite the houses significant historical bonafides, it is a residence very much in step with today's life style and easily embraces the possibilities of grand and sophisticated entertaining, as well as impeccably servicing an expansive contemporary family life style. Truly it is a house for the ages while also being resplendent with architectural merit.
Last Listed By
Sothebys International Realty License #30BO0940293 Listed on: 02/18/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $111,310
Year Built
- Built in 1930
Lot Details
- 1,839 Sq Ft Lot
- Lot Dimensions are 18.0 x 102.17
- Garden
Home Design
- Pre War Building
Interior Spaces
- Wood Burning Fireplace
- Entrance Foyer
- Den
- Eat-In Kitchen
Bedrooms and Bathrooms
- 8 Bedrooms
Laundry
- Dryer
- Washer
- Washer Dryer Allowed
Outdoor Features
- Balcony
- Terrace
Listing and Financial Details
- Tax Block 01412
Community Details
Overview
- Upper East Side Subdivision
- 6-Story Property
Amenities
- Rooftop Deck
- Community Garden
- Building Terrace
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 18, 2021
Closed on
Nov 21, 2022
Sold by
Snyder Richard
Bought by
120 East 78 Street Associates Llc
Seller's Agent
Serena Boardman
Sothebys International Realty
List Price
$17,000,000
Sold Price
$9,250,000
Premium/Discount to List
-$7,750,000
-45.59%
Total Days on Market
648
Views
12
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.10%
Purchase Details
Closed on
Feb 15, 2005
Sold by
Snyder Laura Y and Snyder Richard
Bought by
Snyder Richard
Purchase Details
Closed on
Dec 19, 1996
Sold by
F G F Enterprises Corp
Bought by
Snyder Richard
Purchase Details
Closed on
Nov 26, 1996
Sold by
Snyder Richard
Bought by
Snyder Richard and Snyder Laura Yorke
Purchase Details
Closed on
Aug 16, 1996
Sold by
F G F Enterprises Corp
Bought by
Snyder Richard
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 120 East 78 Street Associates Llc | $9,250,000 | -- | |
| 120 East 78 Street Associates Llc | $9,250,000 | -- | |
| Snyder Richard | -- | -- | |
| Snyder Richard | -- | -- | |
| Snyder Richard | -- | First American Title Ins Co | |
| Snyder Richard | -- | First American Title Ins Co | |
| Snyder Richard | -- | First American Title Ins Co | |
| Snyder Richard | -- | First American Title Ins Co | |
| Snyder Richard | $17,194,720 | First American Title Ins Co | |
| Snyder Richard | $17,194,720 | First American Title Ins Co |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2022 11/22/22 | Sold | $9,250,000 | -19.6% | $1,112 / Sq Ft |
| 11/09/2022 11/09/22 | Pending | -- | -- | -- |
| 09/20/2022 09/20/22 | Price Changed | $11,500,000 | -32.4% | $1,383 / Sq Ft |
| 01/29/2021 01/29/21 | For Sale | $17,000,000 | -- | $2,044 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $111,310 | $554,196 | $399,060 | $369,149 |
| 2023 | $112,552 | $554,196 | $160,587 | $393,609 |
| 2022 | $107,296 | $1,127,160 | $399,060 | $728,100 |
| 2021 | $109,205 | $1,090,020 | $399,060 | $690,960 |
| 2020 | $103,621 | $1,241,460 | $399,060 | $842,400 |
| 2019 | $96,610 | $1,250,460 | $399,060 | $851,400 |
| 2018 | $94,144 | $461,830 | $177,870 | $283,960 |
| 2017 | $91,304 | $447,897 | $194,576 | $253,321 |
| 2016 | $86,446 | $432,425 | $179,071 | $253,354 |
| 2015 | $33,975 | $407,949 | $253,404 | $154,545 |
| 2014 | $33,975 | $384,859 | $203,194 | $181,665 |
Source: Public Records
Agents Affiliated with this Home
-
Serena Boardman
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10886542
APN: 1412-0063
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