NOT LISTED FOR SALE

Estimated Value: $1,262,000 - $1,740,000

2 Beds
2 Baths
1,200 Sq Ft
$1,317/mo HOA Fee

Last Sold February 14, 2025

Last sale price $1,530,000 $1,275 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $11,227/month

Highlights

  • City View
  • 4-minute walk to 77 Street (4,6 Line)
  • Garage
  • P.S. 6 Lillie D. Blake Rated A
  • Cooling System Mounted In Outer Wall Opening
  • 4-minute walk to Central Park

About This Home

As of February 2025

Welcome home to 8C at 40 East 78th Street, The Charles House Condominium, in the highly coveted 'Gold Coast' of the Upper East Side. This is a rare, condominium find, with extremely low monthly carrying costs, a prime 'off the park' location and an elegant new marble building lobby. The home is ready for its brand-new owner to make it their own, so bring your architect and contractor to create your own paradise off the park!

The home is loaded with potential, and there are many different possible layouts (one alternate floor plan attached).The pin-drop quiet home is bathed in natural light, accented with South and West private views of the townhomes. The master bedroom suite comfortably allows for a king-sized bed with nightstands, plus plenty of room for extra storage and seating. The second bedroom, which also fits a king-sized bed, has it's own on-suite bathroom and two closets (the bathroom can also be expanded as seen in the alternative floor plan).

40 E 78th Street, The Charles House, is a full-service condominium building with a newly renovated lobby and impeccable 24-hour staff that includes two on-shift doormen, concierge and live-in superintendent. Amenities include a newly landscaped roof deck with breathtaking Central Park views, gym, bicycle room, central laundry room, adjacent garage, and additional basement storage.

The building has an ideal Upper East Side location off of Madison Avenue, steps from Central Park, public transportation, fine dining, museums, and lovely shopping boutiques. Please note there is currently an assessment for the lobby renovation of $268.63 (per month) for 12 years. Taxes reflect LLC usage, primary residents are eligible for up to 17% discount.

All information furnished herein is from sources deemed reliable. All information is submitted subject to errors, omissions, change of price, prior sale or lease, or withdrawal without notice. All dimensions are approximate. For exact dimensions, please hire your own architect or engineer.
Only rugs, art and drapes are virtually staged

Last Agent to Sell the Property

Alexandra Carter

Corcoran Group License #10401256611 Listed on: 02/18/2025

Corcoran Group

Co-Listed By

Matylda (Matty) Pearson

Corcoran Group License #10301218502

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,100

Year Built

  • Built in 1956

HOA Fees

  • $1,317 Monthly HOA Fees

Parking

  • Garage

Interior Spaces

  • 1,200 Sq Ft Home
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

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

Listing and Financial Details

  • Tax Block 01392

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,100

Year Built

Built in 1956

Lot Details

0

HOA Fees

$1,317 per month

Listing Details

  • Exposures: East,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Lenox Hill
  • Entry Level: 8
  • 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: 17

Interior Features

  • Fireplace: No
  • Living Area: 1200.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

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: Wall Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1317.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Building Name: The Charles House
  • Units: 102
  • Total Stories: 17
  • Year Built: 1956

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01392
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2025
Closed on
Feb 14, 2025
Sold by
Nobleb Holding Corp
Bought by
Kaufman Michelle
Seller's Agent
Alexandra Carter
Corcoran Group
List Price
$1,795,000
Sold Price
$1,530,000
Premium/Discount to List
-$265,000
-14.76%
Current Estimated Value
$1,551,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,303
Avg. Annual Appreciation
2.99%
Original Mortgage
$1,224,000
Outstanding Balance
$1,219,896
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$331,407
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kaufman Michelle $1,530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaufman Michelle $1,224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Pending -- -- --
02/18/2025 02/18/25 For Sale $1,795,000 +17.3% $1,496 / Sq Ft
02/14/2025 02/14/25 Sold $1,530,000 0.0% $1,275 / Sq Ft
04/02/2018 04/02/18 Rented -- -- --
03/03/2018 03/03/18 Under Contract -- -- --
06/21/2017 06/21/17 For Rent -- -- --
04/14/2015 04/14/15 Rented -- -- --
04/14/2015 04/14/15 For Rent -- -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

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 $16,100 $136,718 $35,310 $101,408
2024 $16,100 $128,777 $35,310 $93,467
2023 $15,713 $128,093 $35,310 $92,783
2022 $15,700 $131,525 $35,310 $96,215
2021 $15,255 $124,354 $35,310 $89,044
2020 $16,106 $137,423 $35,310 $102,113
2019 $15,551 $134,399 $35,310 $99,089
2018 $14,749 $135,605 $35,310 $100,295
2017 $14,038 $120,233 $35,310 $84,923
2016 $13,859 $117,969 $35,310 $82,659
2015 $7,777 $108,347 $35,311 $73,036
2014 $7,777 $97,676 $35,310 $62,366
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20003716

Real Estate Board of New York (REBNY)

APN: 1392-1135