$4,600,000
SOLD OCT 23, 2024
3 Beds
1.5 Baths
2,500 Sq Ft
702 Sq Ft Lot

Recently Sold

$1,840 Per Sq Ft

8% Below List Price

543 Days on Market

Highlights

  • City View
  • Pre War Building
  • No HOA
  • P.S. 6 Lillie D. Blake Rated A
  • Terrace
  • 2-minute walk to Central Park

About This Home

As of October 2024

Just off Fifth Avenue, 2 East 78th Street is a renovated and impeccably-maintained house presenting a myriad of possibilities.

Currently serving as the headquarters for a private foundation, the residence has been redesigned by Keenen/Riley. 2 East 78th Street’s current zoning (R10) allows for all of the following uses: Residential, Live/Work, Community Facility (including Nonprofit, Educational, Medical, Governmental), and its current configuration could easily be adapted to suit a new owner’s needs.

Each of the four floors has a pleasingly-proportioned, almost square plan and a modern design sensibility. The garden floor, currently a stainless-steel-clad eat-in Kitchen, opens to a small terrace with a planting bed. Above, the rooms are open-plan and have pretty treetop views onto East 78th Street and the gorgeous limestone façade of the James B. Duke Mansion.

Built in 1925 and exceptionally situated on a beautiful, tree-lined street moments from Central Park, 2 East 78th Street’s stellar locale and outlooks are further enhanced by the very attractive and architecturally-significant neighboring buildings.

Annual Taxes: $68,728

Building Dimensions: 26.5’ x 25.8’

Lot Size*: 26.5’ x 25.8’

Approximate Internal Square Footage: 2,425

Approximate External Square Footage*: 325

No additional FAR permitted

Upper East Side Historic District

Zoning: R10, R8B, P1, LH-1A

*Non-possessory right to use Terrace/Garden granted by easement in perpetuity

Last Agent to Sell the Property

Serena Boardman

Sothebys International Realty License #30BO0940293

Sothebys International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $68,736

Year Built

  • Built in 1887

Lot Details

  • 702 Sq Ft Lot
  • Lot Dimensions are 26.5 x 25.8
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 2,500 Sq Ft Home
  • 3-Story Property
  • City Views

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Terrace
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 0068 / 01392

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Upper East Side Subdivision

Amenities

  • Community Garden
  • Building Terrace

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$68,736

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Exposures: North,South
  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Upper East Side
  • Directions: South
  • Architectural Style: Prewar
  • Entry Level: 1
  • Unit Levels: Multi/Split
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Interior Features: Eat-in Kitchen, Kitchen Window
  • Appliances: Dishwasher
  • Fireplace: No
  • Living Area: 2500.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Garden, Garden
  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building None, None
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Features: Garden
  • Lot Size Area: 702.0
  • Lot Size Dimensions: 26.5 x 25.8

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 3
  • Year Built: 1887

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: None

Tax Info

  • Tax Block: 01392
  • Tax Lot: 0068
  • Tax Annual: 68736.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2024 10/23/24 Sold $4,600,000 -8.0% $1,840 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $5,000,000 +8.7% $2,000 / Sq Ft
08/17/2024 08/17/24 Off Market $4,600,000 -- --
04/17/2024 04/17/24 Price Changed $5,000,000 -13.0% $2,000 / Sq Ft
06/26/2023 06/26/23 For Sale $5,750,000 0.0% $2,300 / Sq Ft
06/04/2023 06/04/23 Off Market $5,750,000 -- --
04/14/2023 04/14/23 For Sale $5,750,000 -- $2,300 / Sq Ft
Source: Real Estate Board of New York (REBNY)

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 $67,970 $338,411 $167,940 $187,365
2023 $68,728 $338,411 $126,261 $212,150
2022 $65,087 $477,420 $167,940 $309,480
2021 $64,731 $405,720 $167,940 $237,780
2020 $63,204 $462,120 $167,940 $294,180
2019 $58,994 $491,160 $167,940 $323,220
2018 $57,488 $282,009 $73,468 $208,541
2017 $55,386 $271,699 $125,018 $146,681
2016 $51,241 $256,320 $100,257 $156,063
2015 $30,914 $248,832 $125,241 $123,591
2014 $30,914 $235,008 $134,773 $100,235
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,500,000 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed $4,600,000 --
Deed $3,675,000 Chicago Title Insurance Co
Deed $3,675,000 Chicago Title Insurance Co
Source: Public Records

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10989353

Real Estate Board of New York (REBNY)

APN: 1392-0068