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Listing Courtesy of Compass
$ 4,000,000
Est. payment /mo
Active
311 W 78th Street Manhattan, NY 10024
6 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Upper West Side
MLS Listing ID RLS20008216
Style Walk-Up
Bedrooms 6
Full Baths 6
HOA Y/N Yes
Year Built 1900
Annual Tax Amount $73,224
Property Sub-Type Multi Family
Property Description
Late 19th Century Limestone, ideal for end-users seeking additional rental income.
Designed by renowned architect George Pelham in the late 19th century, 311 West 78th Street is a stunning 18-foot-wide Renaissance Revival townhouse that blends history with opportunity. Nestled between West End Avenue and Riverside Drive, this five-story limestone beauty boasts approximately 5,500 square feet of space, offering both charm and versatility.
Currently configured as five residences—including a gracious owner's duplex with a private garden—this home is an ideal investment or conversion opportunity. Three of the five units are occupied, with two leases set to expire in 2025. Ideal for an end-user who wants rental income to off-set your monthly costs
Residence Breakdown:
Owner's Duplex (Garden Level & Second Floor – Unit 1)
A true sanctuary, this expansive duplex features a private garden and elegant living spaces. The garden level offers a charming one-bedroom, one-bath layout, along with a skylit eat-in kitchen and dining area that opens onto a lush 31' x 19' private garden—perfect for summer entertaining. A spiral staircase leads to the grand second floor, where soaring 11'2" ceilings frame a spacious primary suite with original plaster ceiling details, an en-suite bath with a soaking tub, and an inviting sitting room.
Third Floor – Unit 2
A sunlit, free-market one-bedroom residence exuding Parisian charm. Highlights include a large sitting room, ample closet space, and a well-appointed kitchen with custom cabinetry, modern appliances, and in-unit laundry. The oversized bedroom at the rear features intricate molding, custom-built armoires, and classic hardwood floors. Ceiling height: 10'3".
Fourth Floor – Units 3 & 4
This level houses two distinct studio apartments. The south-facing studio features original hardwood floors, a kitchenette, and a bathroom. The north-facing studio is a renovated free-market unit which boasts exposed brick, wood-beamed ceilings, and a private terrace—a rare and special retreat in the city. Unit 3 is rented at market rate, while Unit 4 is currently unoccupied and used by the owner. Ceiling height: 9'6".
Fifth Floor – Unit 5
A rent-stabilized studio with 8-foot ceilings, offering steady income. The rent stabilized rent is very close to free market values.
Cellar
Spanning the full length of the building, the 7'8"-high cellar is exceptionally well-maintained, housing the building's mechanicals, sprinkler system, and additional storage.
A Home Lovingly Maintained
Owned for over 40 years, this property has been meticulously cared for, with thoughtful upgrades including a new boiler, water heaters, and thermostats.
A rare opportunity to own a piece of history in one of the Upper West Side's most desirable locations.
Showings by appointment only.
Designed by renowned architect George Pelham in the late 19th century, 311 West 78th Street is a stunning 18-foot-wide Renaissance Revival townhouse that blends history with opportunity. Nestled between West End Avenue and Riverside Drive, this five-story limestone beauty boasts approximately 5,500 square feet of space, offering both charm and versatility.
Currently configured as five residences—including a gracious owner's duplex with a private garden—this home is an ideal investment or conversion opportunity. Three of the five units are occupied, with two leases set to expire in 2025. Ideal for an end-user who wants rental income to off-set your monthly costs
Residence Breakdown:
Owner's Duplex (Garden Level & Second Floor – Unit 1)
A true sanctuary, this expansive duplex features a private garden and elegant living spaces. The garden level offers a charming one-bedroom, one-bath layout, along with a skylit eat-in kitchen and dining area that opens onto a lush 31' x 19' private garden—perfect for summer entertaining. A spiral staircase leads to the grand second floor, where soaring 11'2" ceilings frame a spacious primary suite with original plaster ceiling details, an en-suite bath with a soaking tub, and an inviting sitting room.
Third Floor – Unit 2
A sunlit, free-market one-bedroom residence exuding Parisian charm. Highlights include a large sitting room, ample closet space, and a well-appointed kitchen with custom cabinetry, modern appliances, and in-unit laundry. The oversized bedroom at the rear features intricate molding, custom-built armoires, and classic hardwood floors. Ceiling height: 10'3".
Fourth Floor – Units 3 & 4
This level houses two distinct studio apartments. The south-facing studio features original hardwood floors, a kitchenette, and a bathroom. The north-facing studio is a renovated free-market unit which boasts exposed brick, wood-beamed ceilings, and a private terrace—a rare and special retreat in the city. Unit 3 is rented at market rate, while Unit 4 is currently unoccupied and used by the owner. Ceiling height: 9'6".
Fifth Floor – Unit 5
A rent-stabilized studio with 8-foot ceilings, offering steady income. The rent stabilized rent is very close to free market values.
Cellar
Spanning the full length of the building, the 7'8"-high cellar is exceptionally well-maintained, housing the building's mechanicals, sprinkler system, and additional storage.
A Home Lovingly Maintained
Owned for over 40 years, this property has been meticulously cared for, with thoughtful upgrades including a new boiler, water heaters, and thermostats.
A rare opportunity to own a piece of history in one of the Upper West Side's most desirable locations.
Showings by appointment only.
Location
State NY
County New York
Interior
Interior Features Crown Molding, High Ceilings
Flooring Hardwood
Fireplaces Number 1
Fireplaces Type Other
Furnishings Unfurnished
Fireplace Yes
Laundry In Unit, See Remarks
Exterior
Exterior Feature Private Outdoor Space Over 60 Sqft
View Y/N No
Private Pool No
Building
Dwelling Type Multi Family,Townhouse
Story 5
New Construction No
Others
Ownership None
Monthly Total Fees $6, 102
Pets Allowed Building No, No
RLS Data display by Renee Lee