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Apartment 16B at 205 East 78th Street is superbly positioned in a prime Upper East Side location in one of the area's well-regarded full-service prewar cooperatives. This bright and quiet high-floor one-bedroom home offers generous proportions, bright rooms, city views, and exceptional potential. Newly painted and move-in ready, the apartment provides the perfect canvas for a buyer seeking to personalize their new home.
A gracious entry foyer with a large coat closet welcomes you into an expansive nearly 25-foot living room providing plenty of space for dining. Charming prewar details include hardwood floors, high-beamed ceilings, built-in open bookshelves, and crown and baseboard moldings throughout. Oversized windows draw in plentiful natural light while showcasing city views from the living room. The apartment features through-wall air conditioning.
The spacious king-sized bedroom enjoys beautiful light, excellent closet space, and a windowed, original en-suite bathroom that retains its prewar character and is in excellent condition with original subway tile, mosaic tile floor, and pedestal sink.
For those with a vision, the possibilities are endless. Whether reimagining the kitchen, updating finishes, or undertaking a more comprehensive renovation, this residence offers a rare chance to create a truly customized home in a premier Upper East Side location. As an added benefit, the current owner, an accomplished interior designer whose work has been featured in Architectural Digest and Elle Décor, is offering a free design consultation to the purchaser, should they wish to take advantage of his expertise while planning future enhancements.
205 East 78th Street is a handsome full-service prewar cooperative building located in the heart of the Upper East Side. This charming building with canopied entrance was erected in 1925 and converted to cooperative in 1987 with 20 floors and approximately 220 units. Amenities include a full-time doorman and live-in superintendent. The lobby is both grand and elegant and amenities include private storage, central laundry room, package room and a bicycle room for shareholders. Pets, washer/dryers, and pieds-a-terre are permitted.
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.
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Our Executive Mortgage Banker:
$495,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $396,000 | $396,000 | $396,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,372 | $2,500 | $3,262 |
| Total Monthly Payment | $2,447 | $2,575 | $3,337 |
* 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.