40 East 78th Street, #5C, New York (Upper East Side), NY, 10075 | $3,995,000

Perhaps the finest location in all of New York, this expansive four bedroom condominium residence is located across the street from the legendary Carlyle Hotel as well as The Mark, and a stones throw from all the best of the Upper East Side, including the Met, Central Park and Madison Avenue shopping.
The corner residence is airy and fill with natural light, thanks to three exposures; east, south and west. A spacious foyer lined with deep closets leads you to the spacious living and dining room, with custom built ins and lighting. The windowed kitchen features custom cabinets, black granite counter tops and creme marble backsplash, along with Wolf and Sub-Zero appliances. Storage galore! A separate service entrance is wonderful for deliveries and entertaining needs. A perfectly sized custom breakfast banquet tops off this exquisite kitchen.
Off the entry is a discrete area with full bath, Miele washer/dryer, storage and a spacious drying closet. Also off the entry is a wonderful guest room with en-suite bath, allowing your guests a great level of privacy.
The bedroom wing is located behind glass French doors, and features a custom sound dampened den, with built-in desk and bookcases, and three more bedrooms, including the primary. The hallway of the wing is lined with custom closets and cabinets, including shoe closet, ironing station, linen closet, storage and bookcases,
Also included in the sale at an additional monthly cost is a rarely available staff room located on the first floor. The apartment features a spacious closet, full bath, air conditioning, and a south facing window facing The Carlyle.
The Charles House Condominium is a superb white glove, full service building with an amazing staff and resident manager. The entry, lobby and hallways have just been gorgeously renovated. The building also features one of the most panoramic roof decks on the Upper East Side with fabulous views of the skyline and Central Park, 24 hour doormen, private storage, work out room, and a bike room. Also, direct access to the on-site garage. Pets are welcomed. There is currently a monthly assessment of $607, and a capital reserve fund of $519 until spring 2025.





Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 16
  • Amenities: Bike Room; Garage; Fitness Room; Laundry Room; Roof Deck; Cold Storage; Private Storage;
  • Rooms: 6
  • Bedrooms: 4
  • Baths: 4 full
  • Complex: Charles House, The
  • Year Built: 1949
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: No
  • Washer / Dryer: Yes
  • Private Roof: Yes
  • Building Access : Attended Elevator
  • Health Club: Yes
  • Service Level: Full Time Doorman
  • Doorman: FullTime
  • LobbyAttendant: Yes
  • OLR#: 99514
  • Days on Market: 177 days
  • Website: https://www.raveis.com
    /prop/99514/40east78thstreet_newyork_ny?source=qrflyer
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.
Listing courtesy of Red Jacket Residential LLC

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NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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40 East 78th Street, #5C, New York (Upper East Side), NY, 10075

$3,995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,196,000 $3,196,000 $3,196,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.004% 6.738% 6.307%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $18,651 $20,464 $27,186
Total Monthly Payment $18,776 $20,589 $27,311

* 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.