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Morgan Studios, 170 East 78th Street, #23AB

$2,895,000 | 2 beds, 2 baths
View Full Building Profile  | 
103 days on Market

Key Details

  • Listed: Jan 16, 2024
    Days on Market: 103
    Building Type: Cooperative
    Neighborhood: Lenox Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 272 times
Monthly Maintenance: $5,000
Est. Monthly Mortgage: $9,993
Total Est. Monthly Carrying Cost: $14,993
Note: the above is based on a down payment of 50% ($1,447,500), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This elegant art-deco co-operative apartment is located in the desirable Lenox Hill neighborhood, built in 1927. It's in close proximity to Central Park, upscale shops, galleries, museums, restaurants, Lenox Hill Hospital, and offers convenient transportation options including nearby subway.
  • Exclusive and Private: The building ensures exclusivity and privacy with only thirty-eight residences. It's a pet-friendly cooperative with a 24-hour doorman, a live-in superintendent, and an elevator for added convenience.
  • Spacious and Versatile: The apartment features a spacious open living and dining area with 13-foot ceilings, a large second living space or den, and a primary suite with a windowed walk-in dressing room. The second bedroom also comes with its own ensuite bathroom.
  • High-End Features: The unit boasts oversized 9-foot casement windows for abundant natural light, beautiful walnut-stained oak floors, motorized window shades, two wood-burning fireplaces framed by honed marble, and a soundproofed environment for peace and serenity.
  • Modern Amenities: The apartment is equipped with high-end kitchen appliances and marble countertops, a full-sized washer and dryer in the unit, and a very tall canopied entrance.
  • Financial Incentives: The seller offers a concession of $1,500 x 24 months or $36,000 at closing, making this an attractive investment opportunity.

Description

Step into luxury as you enter this exquisite apartment, greeted by a spacious open living and dining area spanning an impressive 30 feet with soaring 13-foot ceilings. Sunlight pours in through oversized 9-foot casement windows, casting a warm glow on the room’s centerpiece – a wood-burning fireplace framed by exquisitely honed marble. Adding to the allure is a beautifully framed oversized mirror, enhancing the room’s elegance and making it an ideal space for both daily living and hosting memorable gatherings. A left turn from the entryway reveals a staircase leading to the second bedroom, complete with its own ensuite bathroom.

The entire apartment is thoughtfully soundproofed, ensuring a peaceful and serene environment. An unexpected delight awaits a step down from the formal living room – a large second living space or den, providing versatility to the living arrangement. The kitchen is a chef’s dream, featuring high-end appliances, marble countertops, stunning millwork, a full-sized washer and dryer, and a generously sized pantry. Off the north side of the den, a secret door reveals the lavish primary suite stretching nearly 29 feet.

This luxurious retreat boasts a second wood-burning fireplace, a windowed walk-in dressing room, and an ensuite bathroom. Additional features of this exceptional home include beautiful walnut-stained oak floors and motorized window shades. Nestled on charming East 78th Street, a tree-lined block in close proximity to Central Park, upscale shops, galleries, museums, restaurants, and convenient transportation options, this residence offers the epitome of Manhattan living. Built in 1927, the elegant art-deco co-operative building comprises only thirty-eight residences, ensuring exclusivity and privacy for discerning buyers. A pet-friendly cooperative, the building boasts a 24-hour doorman and a live-in superintendent, providing full-service amenities to its residents.

Whether you seek a primary residence or the perfect pied-à-terre (permitted on a case-by-case basis), this intimate building stands as the ideal place to call home. *Seller’s Concession: $1,500 x 24 months or $36,000 at closing

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Listing Agent (Seller's Representative)

Listing courtesy of Compass

Pricing History

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About Morgan Studios, 170 East 78th Street

55

Morgan Studios, 170 East 78th Street has received a CityRealty Rating of 55, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

18
Out of 44
+
25
Out of 36
+
12
Out of 39
=
55
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Very Attractive with Trees 4 out of 5 points
Distance To Neighborhood Center:
Less than 40 blocks 2 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
Less than 3 Short Blocks 2 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
More than 6 Short Blocks 0 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Minimal but Attractive 2 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
14 or more Feet 4 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • FT Doorman
  • Elevator

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Pros
  • Doorman
  • Good local shopping and restaurants
  • Convenient to many schools and religious institutions
  • Near Lenox Hill Hospital
  • Very good public transportation
  • Very attractive- quiet street
  • Very tall ceilings
  • Canopied entrance
  • Close to Subway
Cons
  • No health club
  • Three-step-down vestibule
  • No sidewalk landscaping
  • No garage
  • No roof deck
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Subways

  1. 6
at Lexington Ave 0.07 miles
  1. 4
  2. 5
at Lexington Ave 0.43 miles

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