$3,595,000
$300K PRICE DROP

Estimated payment $24,684/month

Total Views 14,147
3 Beds
3 Baths
1,679 Sq Ft
$2,141 Price per Sq Ft

Highlights

  • City View
  • 4-minute walk to 77 Street (4,6 Line)
  • High-Rise Condominium
  • P.S. 6 Lillie D. Blake Rated A
  • Garage
  • 4-minute walk to Central Park

About This Home

Fully renovated 3 bed, 3 bath condo with eat-in-kitchen on 78th Street and Madison Avenue!

You will love living next to Central Park, world-class museums, fine dining and amazing shopping. It is exceedingly rare to find a full-service condo so close to Central Park.

Your massive living room spans over 27 feet in length and gives you plenty of room to spread out, entertain and dine. Enjoy treetop views over tranquil 78th Street.

New eat-in-kitchen with top-of-the-line appliances including a 36" Wolf Stove with Absolute Black Granite counters and backsplash, a center island, slow closing drawers, a pantry, tons of counter space and storage is sure to please. Have breakfast in your eat-in kitchen that is flooded with light from 3 oversized East facing windows.

The corner primary bedroom has treetop views, great light, a walk-in closet, recessed lighting and an en-suite bath.

This spa-like, windowed primary bathroom has been enlarged and beautifully renovated with a sleek walk-in glass shower with rain showerhead, recessed medicine cabinet and elegant white tiling.

Spanning over 21 feet long, the massive second bedroom could also serve as the primary bedroom. Its oversized windows bring in great light and face tree-lined 78th Street.

The newly renovated second bath is also spa-like and features a 5-foot deep soaking tub with glass shower door and rain showerhead, Grohe fixtures and Porcelain tiles.

The sizeable third bedroom features 3 oversized East facing windows.

Other bonuses include a fully renovated third bathroom, a large entry foyer with walk-closet, 8-inch wide plank wood flooring, organized closets, sleek radiators and recessed lighting throughout.

40 East 78th Street is a full-service condominium with 24 hour concierge, doorman, parking garage, landscaped roof deck with sweeping Central Park views, fitness center, laundry room, bike room, storage room, live-in resident manager and porters to help you in and out of the building with your belongings. The lobby was elegantly renovated recently.

Taxes can be lowered 17.5 percent to $2,888 per month if this is a primary residence.

Please reach out for a private showing.

Listing Agent

Matt Gulker

Douglas Elliman Real Estate License #30GU1033209 Listed on: 08/14/2024

Douglas Elliman Real Estate

Co-Listing Agent

Neal Patel

Douglas Elliman Real Estate License #30PA0999054

Co-Listing Agent

Brian Nordell

Douglas Elliman Real Estate License #10301215969

Co-Listing Agent

Sang Mota

Douglas Elliman Real Estate License #10401288600

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $39,384

Year Built

  • Built in 1956

HOA Fees

  • $2,249 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,679 Sq Ft Home
  • Washer Dryer Allowed
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling

Community Details

  • 102 Units
  • High-Rise Condominium
  • The Charles House Condos
  • Lenox Hill Subdivision
  • 15-Story Property

Listing and Financial Details

  • Legal Lot and Block 1194 / 01392

Property Details

Home Type

Condominium

Est. Annual Taxes

$39,384

Year Built

Built in 1956

Lot Details

0

HOA Fees

$2,249 per month

Listing Details

  • Exposures: East,North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lenox Hill
  • Entry Level: 4
  • Structure Type: High Rise
  • Pets No Pets Comments: 2 pets under 25 lbs each or 1 pet under 70 lbs each,Building Pets Allowed Comments:2 pets under 25 lbs each or 1 pet under 70 lbs each
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 15

Interior Features

  • Interior Features: Dining Area
  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1679.0
  • Living Area Units: Square Feet
  • Rooms (Total): 6
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 3

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: None, Private Outdoor Space Under 60 Sqft
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Other
  • Green Building Features: Elevator(s)
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 2249.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: The Charles House
  • Units: 102
  • Total Stories: 15
  • Year Built: 1956

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01392
  • Tax Lot: 1194

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $39,384 $336,046 $57,456 $278,590
2024 $39,384 $315,018 $57,456 $257,562
2023 $38,413 $313,144 $57,456 $255,688
2022 $38,389 $321,256 $57,456 $263,800
2021 $36,997 $301,594 $57,456 $244,138
2020 $39,249 $337,426 $57,456 $279,970
2019 $37,676 $329,135 $57,456 $271,679
2018 $36,436 $332,441 $57,456 $274,985
2017 $35,486 $290,295 $57,456 $232,839
2016 $35,970 $284,087 $57,456 $226,631
2015 $12,987 $257,705 $57,456 $200,249
2014 $12,987 $267,804 $57,456 $210,348
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Price Changed $3,595,000 -2.7% $2,141 / Sq Ft
09/11/2024 09/11/24 Price Changed $3,695,000 -5.1% $2,201 / Sq Ft
08/14/2024 08/14/24 For Sale $3,895,000 0.0% $2,320 / Sq Ft
10/27/2022 10/27/22 Rented $13,500 -10.0% --
09/29/2022 09/29/22 Under Contract -- -- --
08/12/2022 08/12/22 For Rent $15,000 0.0% --
10/10/2017 10/10/17 Sold -- -- --
09/10/2017 09/10/17 Pending -- -- --
08/21/2017 08/21/17 Sold $3,600,000 0.0% $2,149 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $3,600,000 +5.9% $2,149 / Sq Ft
03/22/2017 03/22/17 For Sale $3,400,000 -- $2,030 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Deed $3,600,000 --
Deed $2,800,000 --
Deed $2,800,000 --
Deed $2,450,000 --
Deed $2,450,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,680,000 Purchase Money Mortgage
Previous Owner $2,240,000 Purchase Money Mortgage
Previous Owner $1,500,000 Purchase Money Mortgage
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11001815

Real Estate Board of New York (REBNY)

APN: 1392-1194