Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,375,000

· Closed October 4, 2018

40 E 78TH Street #5F
Closed For Sale Condo

$2,375,000

$1,834 per sq ft

40 E 78TH Street #5F

Upper East Side, Manhattan

MLS® #RLS10578441

RLS at REBNY

Listing by Sotheby's International Realty, Inc.

2

Bedrooms

2

Baths

1,295

Sq. Ft.

1949

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,295 sq ft
Lot Size 17,265 sq ft
Year Built 1949
Ownership Condo
HOA/Common Charges $1,380/mo
Property Taxes $14,460/yr
Parking Garage
Neighborhood Upper East Side
Floor 5 of 16

Property Highlights

  • Views: City
  • Exposure: West facing
  • Parking: Private garage

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 5 of 16
View City
Exposure West
Pets Yes
Year Built 1949
Living Area 1,295 sq ft
Parking Garage Available
Lot Size 17,265 sq ft
Parcel # 1392-1172

Listing History

Event Date Price Change
Listed Jul 6, 2018 $2,495,000 -
Currently May 3, 2026 $2,375,000 -4.8%

Description

Fabulous two bedroom/two bath condominium in prime Upper Eastside location, one block from Central Park. This large residence is approximately 1425 square feet and is bright and sunny. All of the rooms face west over Madison Avenue. This home has a great layout with an expansive Living Room that opens to the Dining Room. There is a well-appointed chef's galley Kitchen which flows beautifully to the Dining Room. Both bedrooms are generous in size. The Master Bedroom has an ensuite bath and two walk in closets. Other features of this great apartment include hard wood floors and an abundance of closets throughout. The Charles House Condominium located on the corner of Madison Avenue and 78th Street is a White Glove full service luxury Condominium that has a full time doorman, a live in superintendent, a gorgeous planted roof deck with unobstructed views of the Manhattan skyline and Central Park, a gym and a garage. Blocks from Central Park this location offers you access to some of New York City's finest restaurants, museums, galleries, boutiques and more. Pet friendly too! There is a special assessment of $254/month for façade work and capital improvements that runs thru June 2019 and an elevator assessment of $599/month that runs thru January 2019.

Features & Amenities

Interior Features

Galley Kitchen Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Roof Deck

Building Information

Financial Details

Common Charges $1,380/mo
RE Taxes $14,460/yr ($1,205/mo)
Original Price $2,495,000
Sale Price $2,375,000

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

338

Median Asking Price

$1.75M

Median $/Sqft

$1,534

Avg Days on Market

N/A

New This Week

29

Price Reduced

28%

Sold (30 Days)

36

Median Sale Price

$1.53M

Live data from RLS at REBNY • Updated 5/3/26, 9:43 AM EST

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Location

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40 E 78TH Street #5F, Upper East Side, New York County

Floor Plans

Floor Plan 1

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 $1,380 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $14,460, or roughly $1,205 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,295 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1949, making it approximately 77 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 $2,375,000 for 1,295 sq ft, the asking price per square foot is approximately $1,834. 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 [email protected]. 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: RLS10578441
First Listed: 7/6/2018
Closed: 10/4/2018
Contract Date: 7/6/2018

Listing Courtesy of Sotheby's International Realty, Inc. - Allison B. Koffman

Listing Contact: (212) 606-7688

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 5/3/2026 at 1:43 PM UTC

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