38-40 East 76th Street, New York City, NY 10021
Listing Courtesy of Bespoke Real Estate LLC
$45,000,000
Potential Rebate: $675,000
Overview
38-40 East 76th Street stands as one of the most architecturally significant townhouses in Manhattan—a double-wide, 17,000 SF+/- residence reimagined as a living work of art. Originally built as two Queen Anne brownstones in 1882, the home has been masterfully unified into a singular, museum-quality dwelling offering 6 bedrooms (convertible to 8), five 5 baths, and 8 powder rooms. Designed as both a sanctuary and a showcase, its grand scale is matched by an extraordinary commitment to detail: 11’ ceilings, hand-selected Italian marble, custom bronze vestibules, Liagre showroom oak floors, and glass-wrapped terraces invite light and serenity into every corner. Three sculptural staircases—each a feat of design—complement a central elevator, connecting six floors of curated living and entertaining spaces. From a private rooftop basketball court to a full-floor primary suite and saltwater pool illuminated by a skylight, this home elevates luxury to a cinematic level. Gaggenau appliances, bespoke millwork, and radiant heated floors throughout affirm that nothing was overlooked.<br><br>Located just off Madison Avenue and one block from Central Park, the home’s positioning on the Upper East Side’s Gold Coast is as elite as its construction. Bulletproof street-facing windows, automated security shutters, a rooftop generator, and a private sidewalk elevator deliver fortified privacy without compromising elegance. Every architectural decision was made with permanence, discretion, and artistry in mind. A heated sidewalk, landscaped rooftop terrace, and a fully integrated wellness level—including a steam room, sauna, and fitness center—transform this residence into a private resort in the heart of Manhattan. With a rich cultural backdrop that includes the Carlyle Hotel, The Met, and the boutiques of Madison Avenue, 38-40 East 76th Street is more than a home—it is an unparalleled legacy property that redefines townhouse living at the highest level.
Home Features
- •Fireplace(s)
- •See Remarks
- •Balcony
- •Private Outdoor Space Under 60 Sqft
Estimated Monthly Payment
$248,359 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$675,000
Monthly savings impact
$1,875/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
Similar Homes
20 East 76TH Street #PH1, New York City, NY 10021
Listing Courtesy of Douglas Elliman Real Estate
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Bespoke Real Estate LLC
Data Source: TRESTLE #RLS20013455
Price Analysis
Compare average listing prices and value metrics for 38-40 East 76th Street against the surrounding Upper East Side market.
Average List Price
Price Per SqFt
89.77% Higher
than the Upper East Side price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Upper East Side.
Upper East Side
Overview of Upper East Side
The Upper East Side (UES) is the epitome of classic New York wealth and culture. Stretching from Central Park to the East River, it is home to Museum Mile, Madison Avenue fashion, and some of the most prestigious addresses in the world. For buyers seeking Upper East Side Manhattan real estate, it offers a lifestyle of polished elegance and safety.
Living in the Upper East Side ranges from the ultra-luxury of Fifth Avenue to the bustling, younger energy of Second Avenue. As a premier Manhattan NYC neighborhood, it remains the gold standard for residential stability and top-tier schools.
Real Estate & Housing Market
The market for homes for sale in the Upper East Side is surprisingly diverse. While famous for $20 million townhouses and co-ops, the eastern avenues (Yorkville) offer excellent value for studios and one-bedrooms.
It is valid to say it has two markets: the "Gold Coast" west of Lexington (historic, expensive, co-op heavy) and the area east of Lexington (more condos, more rentals, more affordable).
Lifestyle & Community
The lifestyle on the UES is refined. Residents spend weekends at the Met or the Guggenheim, jogging in Central Park, and dining at established bistros. It is less trendy than downtown but more livable.
The community is generational. You will see grandmothers and toddlers who both grew up in the neighborhood. It feels established, clean, and manicured.
Transportation & Accessibility
The Upper East Side was transformed by the Second Avenue Subway (Q train), which relieved pressure on the 4/5/6 line. Now, the area feels incredibly connected to Midtown and downtown.
The crosstown buses through the park (at 65th, 79th, 86th, 96th) are vital lifelines to the West Side.
Parks, Schools & Amenities
Central Park is the neighborhood's front yard. Carl Schurz Park on the East River is a hidden gem with a dog run and promenade.
Amenities are world-class. The area has the highest concentration of private schools in the city (Dalton, Spence, Chapin) and top hospitals (Lenox Hill, Mt Sinai), making it a magnet for families and professionals.
Who This Neighborhood Is Best For
The Upper East Side is best for families, culture lovers, and anyone who wants a classic, safe, and green New York City experience.
