Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,600,000

Listed at $5,000,000 · Sold 8.0% below asking · Closed October 23, 2024

2 E 78th Street

$5,000,000

$2,000 per sq ft

2 E 78th Street

Upper East Side, Manhattan

MLS® #RLS10989353

RLS at REBNY

Listing by Sothebys International Realty

3

Bedrooms

1.5

Baths

2,500

Sq. Ft.

1887

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2 full, 1 half
Living Area 2,500 sq ft
Lot Size 702 sq ft
Year Built 1887
Ownership None
Property Taxes $68,736/yr
Neighborhood Upper East Side
Floor 1 of 3

Property Highlights

  • Views: City
  • Exposure: North,South facing
  • Outdoor Space: Building Terrace, Terrace

Property Details

Type Single Family Residence
Ownership None
Total Rooms 5
Baths 1 Full, 1 Half
Floor 1 of 3
View City
Exposure North,South
Cooling Central Air
Pets Yes
Year Built 1887
Living Area 2,500 sq ft
Architectural Style Prewar
Structure Type Townhouse
Furnished Unfurnished
Lot Size 702 sq ft
Parcel # 1392-0068
Block/Lot 01392/0068

Listing History

Event Date Price Change
Listed Apr 14, 2023 $5,000,000 -
Price Reduced Apr 17, 2024 $5,750,000 +15.0%

Description

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

Features & Amenities

Interior Features

Eat In Kitchen Kitchen Window Building None None

Exterior Features

Building Garden Garden Building Terrace Terrace

Appliances

Dishwasher

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 3
Structure Townhouse
Style Prewar

Financial Details

RE Taxes $68,736/yr ($5,728/mo)
Sale Price $4,600,000
Previous Price $5,750,000

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its low-traffic, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.

Upper East Side Live Market Data

View Neighborhood

Active Listings

339

Median Asking Price

$1.57M

Median $/Sqft

$1,560

Avg Days on Market

N/A

New This Week

25

Price Reduced

28%

Sold (30 Days)

32

Median Sale Price

$1.52M

Live data from RLS at REBNY • Updated 4/27/26, 8:26 AM EST

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Location

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2 E 78th Street, Upper East Side, New York County

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1925
Year Built
101 years old
2
Floors
1
Residential Units
R4A
Zoning District
One Family Dwellings

Tax & Assessment

Assessed Value: $60,600
Land Value: $16,680
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,938 SF
Building Area: 884 SF
Built FAR: 0.46
Allowed FAR: 1

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $68,736, or roughly $5,728 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 1 full bathroom and 1 half bathroom.

The listed interior living area is 2,500 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1887, making it approximately 139 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

At the current list price of $5,000,000 for 2,500 sq ft, the asking price per square foot is approximately $2,000. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10989353
First Listed: 4/14/2023
On Market: 4/14/2023
Price Changed: 4/17/2024
Closed: 10/23/2024
Contract Date: 4/14/2023

Listing Courtesy of Sothebys International Realty - Serena Boardman

Listing Contact: (212) 606-7611

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/27/2026 at 12:26 PM UTC

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