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Morgan Studios, 170 East 78th Street, #PH

$3,900,000 | 3 beds, 3 baths
Building Profile  | 
59 days on Market

Key Details

  • Listed: Jul 10, 2024
    Days on Market: 59
    Building Type: Cooperative
    Neighborhood: Lenox Hill (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $7,950
Est. Monthly Mortgage: $12,210
Total Est. Monthly Carrying Cost: $20,160
Note: the above is based on a down payment of 50% ($1,950,000), which is the minimum amount permitted by the building.

Open house:

  • The afternoon of Sunday, Sep 8
By appointment only.

Insider Highlights

  • Spacious and Elegant Interior: The penthouse boasts 8 spacious rooms, including 2 elegantly appointed bedrooms, a library, a large formal dining room, and a large kitchen. The interior space is approximately 2,350 square feet, featuring two inviting fireplaces, a sun-drenched solarium, and prewar details that add character and allure.
  • Exclusive Outdoor Space: The property features a large wrap around outdoor terrace of 2,600 square feet, offering open city views. It's a perfect space for relaxation or entertaining guests.
  • Private and Secure: The penthouse ensures exclusive access with a private elevator landing. The building is fully staffed with a doorman and live-in superintendent, and basement storage is available.
  • Pet-Friendly and Convenient: The building is pet-friendly and has a washer and dryer in the unit for convenience. It's also close to very good public transportation, making it easy to navigate the city.
  • Prime Location: This luxurious penthouse is located in the heart of Manhattan in the Lenox Hill neighborhood, just one block from the #6 train and express and local buses on Lexington and Third Avenues. It's also near Lenox Hill Hospital, Museum mile, Central Park, and a variety of local restaurants and shops, including Citarella and Sables.
  • Classic Architecture: This penthouse is in a well-established, boutique, 1927 prewar cooperative. The Art Deco-style building features high ceilings, oversized windows for abundant natural light, a canopied entrance, and is situated on a very attractive and quiet street.

Description

Welcome to this luxurious penthouse at 170 East 78th Street, a well-established, boutique, 1927 prewar cooperative. This is where sophistication meets charm in the heart of Manhattan. This exquisite residence boasts a large wrap around outdoor terrace (2,600 square feet) offering open city views, and a splendid place to entertain.

Fabulous parties have been held here over the years. Step inside and discover 8 spacious rooms, including 2 elegantly appointed bedrooms. The third bedroom is currently configured as a library.

The interior space is approximately 2,350 square feet.

Two inviting fireplaces add warmth and ambiance to the living spaces, while the private elevator landing ensures exclusive access to your urban oasis. The sun-drenched solarium provides a tranquil retreat, perfect for relaxation or entertaining guests and leads directly to the terrace.

The large formal dining room adjoins it and the flow from entrance to living room to dining room and solarium is gracious and elegant. Convenience abounds with a washer and dryer in the unit, and a large kitchen allowing for effortless living. The maid’s room is extra large and serves as the third bedroom.

Admire the prewar details that add character and allure to this exceptional penthouse, making it a true making it a true gem in the bustling city landscape. Bring your furry friend too, as this is a pet friendly building.

Experience the epitome of luxury living at 170 East 78th Street, where every corner tells a story of elegance and style.

The building is one block from the #6 train, and one block from both the express and local buses on Lexington Avenue and the uptown express and local buses on Third Avenue. The block is populated with townhouses and two elegant buildings anchoring it on Lexington Avenue. One of the most exclusive Japanese Sushi restaurants is right across the street.

Citarella and Sables (world’s best caviar) is nearby, as well as, many local restaurants and shops the East 70’s are known for. Museum mile is as close as 4 blocks, as is Central Park. There is a flip tax of 2.5% payable by the buyer and a five-year capital assessment.

This is a co-exclusive.

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Listing courtesy of Coldwell Banker Warburg

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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