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In today's market, discerning buyers are increasingly drawn to homes with distinct character and unparalleled charm--residences that deliver both architectural distinction and the functionality required for modern living, all without compromise. Above all, these homes must be impeccably executed, as buyers today have little appetite for renovation or uncertainty.
205 East 78th Street, Apartment 11L delivers with remarkable ease. This meticulously designed two-bedroom, two-bathroom residence seamlessly balances sophistication, comfort, and practicality.
Upon entry, you are greeted by a centripetal foyer that deliberately separates the living and sleeping wings, allowing for privacy or connection whenever desired. Two oversized closets provide exceptional storage from the outset, a consistent amenity throughout.
The south-facing living and formal dining rooms are grand in scale and rich in detail, each enhanced by custom millwork, crown moldings, integrated lighting, and bespoke built-ins. The living room is anchored by a captivating wood-burning fireplace with a contemporary marble mantle, bringing warmth and refinement to the space. Designed with entertaining in mind, the formal dining room features a custom-built-in banquette that comfortably accommodates dinner parties of 16 or more. The trophy bespoke built-in bar is a true showpiece-featuring richly veined stone surfaces, artistically crafted millwork, antiqued mirror backing, and floating brass shelving that creates a sophisticated display for spirits, glassware, and collected objects alike.
The windowed chef's kitchen is outfitted with state-of-the-art stainless steel appliances, including a Viking range, SubZero refrigerator, XO wine refrigerator, Summit drink refrigerator and Miele dishwasher, all complemented by stone countertops and a thoughtfully concealed appliance garage.
The east-facing primary bedroom suite offers a tranquil retreat, complete with a fully renovated en-suite bathroom, two outfitted standalone closets, and custom built-ins that thoughtfully accommodate additional storage and home office functionality.
The south- and east-facing secondary bedroom is equally well proportioned and features two outfitted closets, which may be combined if desired. A fully renovated unattached guest bathroom completes the sleeping wing.
Set within one of the Upper East Side's most distinguished Art Deco cooperatives, 205 East 78th Street offers residents an exceptional level of service, flexibility, and convenience. Originally designed by Sugarman & Berger in 1930, this full-service building features a 24-hour doorman, live-in resident manager, attentive staff, laundry room, storage, bike room, and a pet-friendly policy welcoming small pets up to 30 lbs. Remarkably, all utilities are included in the monthly maintenance, offering an uncommon level of ease and value for city living.
Perfectly positioned just off Third Avenue and only four blocks from Central Park, residents enjoy immediate access to some of the neighborhood's most beloved destinations, including Whole Foods, Trader Joe's, Fairway, Eataly Caffè, Equinox, and an array of acclaimed restaurants, boutiques, and everyday conveniences. Transportation is effortless with nearby access to both the 6 and Q subway lines.
The cooperative permits subletting after 5 years of occupancy, pied-à-terres, gifting, co-purchasing, and guarantors, while through-wall air conditioning and in-unit washer/dryers are permitted with board approval-offering a rare combination of architectural pedigree, modern flexibility, and timeless Upper East Side living.
Please note there is a monthly capital assessment of $802 through December 2026 and a 2% flip tax (or $20/share - whichever is greater).
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$1,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,596,000 | $1,596,000 | $1,596,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.121% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,062 | $9,569 | $13,468 |
| Total Monthly Payment | $9,187 | $9,694 | $13,593 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.