Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,995,000

· Closed December 6, 2024

40 E 78th Street #5C
Closed For Sale Condo

$3,995,000

$1,579 per sq ft

40 E 78th Street #5C

Upper East Side, Manhattan

MLS® #RLS10989783

RLS at REBNY

Listing by Red Jacket Residential LLC

4

Bedrooms

4

Baths

2,530

Sq. Ft.

1958

Year Built

Quick Summary

Bedrooms 4
Bathrooms 4
Living Area 2,530 sq ft
Year Built 1958
Ownership Condo
HOA/Common Charges $3,018/mo
Property Taxes $36,216/yr
Parking Garage
Neighborhood Upper East Side
Floor 5

Property Highlights

  • Views: City
  • Exposure: East,South,West facing
  • Outdoor Space: Rooftop

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths 4 Full
Floor 5
View City
Exposure East,South,West
Heating Radiant
Pets Yes
Cross Street Madison Avenue & Park Avenue
Year Built 1958
Living Area 2,530 sq ft
Parking Features Garage
Structure Type None
Flooring Hardwood
Furnished Unfurnished
Block/Lot 01392/0000

Listing History

Event Date Price Change
Listed May 8, 2024 $4,750,000 -
Currently Apr 27, 2026 $3,995,000 -15.9%

Description

Perhaps the finest location in all of New York, this expansive four bedroom condominium residence is located across the street from the legendary Carlyle Hotel as well as The Mark, and a stones throw from all the best of the Upper East Side, including the Met, Central Park and Madison Avenue shopping.
The corner residence is airy and fill with natural light, thanks to three exposures; east, south and west. A spacious foyer lined with deep closets leads you to the spacious living and dining room, with custom built ins and lighting. The windowed kitchen features custom cabinets, black granite counter tops and creme marble backsplash, along with Wolf and Sub-Zero appliances. Storage galore! A separate service entrance is wonderful for deliveries and entertaining needs. A perfectly sized custom breakfast banquet tops off this exquisite kitchen.
Off the entry is a discrete area with full bath, Miele washer/dryer, storage and a spacious drying closet. Also off the entry is a wonderful guest room with en-suite bath, allowing your guests a great level of privacy.
The bedroom wing is located behind glass French doors, and features a custom sound dampened den, with built-in desk and bookcases, and three more bedrooms, including the primary. The hallway of the wing is lined with custom closets and cabinets, including shoe closet, ironing station, linen closet, storage and bookcases,
Also included in the sale at an additional monthly cost is a rarely available staff room located on the first floor. The apartment features a spacious closet, full bath, air conditioning, and a south facing window facing The Carlyle.
The Charles House Condominium is a superb white glove, full service building with an amazing staff and resident manager. The entry, lobby and hallways have just been gorgeously renovated. The building also features one of the most panoramic roof decks on the Upper East Side with fabulous views of the skyline and Central Park, 24 hour doormen, private storage, work out room, and a bike room. Also, direct access to the on-site garage. Pets are welcomed. There is currently a monthly assessment of $607, and a capital reserve fund of $519 until spring 2025.





Features & Amenities

Interior Features

Eat In Kitchen Building None In Unit Flooring: Hardwood

Exterior Features

Building Roof Deck Rooftop

Building Amenities

Bike Storage Elevators Health Club

Appliances

Dryer Dishwasher Microwave Stainless Steel Appliances Washer

Financial Details

Common Charges $3,018/mo
RE Taxes $36,216/yr ($3,018/mo)
Original Price $4,750,000
Sale Price $3,995,000
Previous Price $4,750,000

Maintenance Includes

Water

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

340

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, 2:29 AM EST

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Location

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40 E 78th Street #5C, Upper East Side, New York County • Near Madison Avenue & Park Avenue

Building Information

Official NYC property records for this building

1925
Year Built
101 years old
2
Floors
2
Residential Units
R5
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $61,740
Land Value: $18,660
Exemptions: $4,080

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

Lot Area: 2,000 SF
Building Area: 1,536 SF
Built FAR: 0.77
Allowed FAR: 1.5

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 $3,018 per month. The fee covers: Water. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $36,216, or roughly $3,018 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 4 full bathrooms.

The listed interior living area is 2,530 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1958, making it approximately 68 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $3,995,000 for 2,530 sq ft, the asking price per square foot is approximately $1,579. 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: RLS10989783
First Listed: 5/7/2024
On Market: 5/8/2024
Price Changed: 10/11/2024
Closed: 12/6/2024
Contract Date: 5/7/2024

Listing Courtesy of Red Jacket Residential LLC - David Salvatore

Listing Contact: (201) 218-5026

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 6:29 AM UTC

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