157 East 78th Street

Investment opportunity! 157 E 78 now $4.9 million. Enjoy single family living or LIVE/WORK in this 18 foot wide 4 floor south facing, sun filled townhouse on one of the Upper East Side's most fashionable treelined blocks. This historic home boasts a roof under warranty until 2033, upgraded electricity and 2 new 74 gallon gas powered water heaters. With approximately 3139 square feet of living space, an 850 square foot garden and the potential for 120 square feet of potential expansion space to be confirmed by the purchasers architect and the DOB this is a spectacular investment. Enter this residence at street level to an entry hall complete with a powder room, an eat in kitchen and a large and elegant living/dining area with a decorative fireplace that is adjacent to the welcoming outdoor space. On the second floor you will find the expansive double parlor with two decorative fireplaces, a restful study, a mini kitchen and a small powder room. The third and fourth floors provide private space with four bedrooms, three baths and generous closets. In addition this home has three additional half baths. The large basement with washer/dryer and small bath provides an opportunity for additional storage, a wine cellar, or a gym. The monthly taxes are currently $5350. Manhattan's Upper East Side is home to the Metropolitan and Frick Museums, the aesthetics and recreational options of Central Park, haute couture boutiques, as well as world renowned cuisine and medical facilities. This is an opportunity not to be missed. Call for an appointment.