---
title: "40 East 78th Street #5E, New York City, NY 10075"
description: "40 East 78th Street #5E, New York City, NY 10075 — Upper East Side, New York City, NY. Last Sold Price $2,995,000. Sold on 8/5/2026. 2 bed, 2 bath, 1,300 sqft"
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10075/40-east-78th-street-e-5E-ny-10075"
source: "Real Estate Rebate Team"
status: "Closed"
---

# 40 East 78th Street #5E, New York City, NY 10075

Upper East Side, New York City, NY

Courtesy of Compass

## At a Glance

- **Last Sold Price**: $2,995,000
- **Status**: Sold on 8/5/2026
- **Beds**: 2
- **Baths**: 2
- **Sqft**: 1,300
- **Common Charges**: $1,743 / mo
- **Monthly Taxes**: $2,318 / mo
- **Price per Sqft**: $2,304
- **Brokerage Fee**: Share Eligible

This listing was successfully closed and is no longer active on the market.

[Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

## Photos (10)

![40 East 78th Street #5E, New York City, NY 10075 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/66d18ede-59af-4084-83c0-83dad5d75e39.jpg)
![40 East 78th Street #5E, New York City, NY 10075 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b15b5e92-0caf-4dd5-80be-1be0bd6e9f6a.jpg)
![40 East 78th Street #5E, New York City, NY 10075 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b899485c-6b8e-4da9-be54-56ac0a6e13ef.jpg)
![40 East 78th Street #5E, New York City, NY 10075 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c2a23431-222e-4758-85e3-d414d05b42f6.jpg)
![40 East 78th Street #5E, New York City, NY 10075 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/adaa5937-9b4b-41ed-a09d-8de161a01186.jpg)
![40 East 78th Street #5E, New York City, NY 10075 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/14774987-4d3a-4711-bbac-476c76539f9a.webp)
![40 East 78th Street #5E, New York City, NY 10075 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0c9fe5b0-186c-4a0e-8d16-06c32afb01b9.jpg)
![40 East 78th Street #5E, New York City, NY 10075 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c14769ff-cccc-44e1-be28-3c7d807cd31e.jpg)
![40 East 78th Street #5E, New York City, NY 10075 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e5b8e5fd-7917-4f97-8ffc-747c392efd0a.jpg)
![40 East 78th Street #5E, New York City, NY 10075 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/74c38d7f-f19c-4517-96ac-ef593dbfae12.jpg)

## Property Overview

The Epitome of Madison Avenue Chic | Upper East Side, NYC

Turn-Key Luxury at the Gateway to the Gold Coast

The Residence 5E
Rarely does a home of this caliber, in this precise location, become available in stunning condition. This meticulously renovated residence offers a masterclass in Upper East Side elegance, defined by superb natural light from its west exposure which provides additional north and south based on wall to wall windows and a cut window in the corner along with a a sophisticated modern aesthetic.

Every inch of this home has been considered: from the custom modern doors and bespoke lacquer cabinetry to the integrated Lutron lighting system with dimmers and recessed-and-chandelier lighting. Most importantly are the various  custom shelving that accentuates sophistication and comfort. Soundproof windows and custom shades ensure a pin-drop quiet environment, while newly serviced and fairly new HVAC units provide year-round climate precision.

The Living & Dining Experience

Step into the entry with a closet and custom shelving  that opens into a sprawling, sun-drenched great room featuring classic herringbone floors and illuminated custom high gloss bookshelves. The open-concept layout is designed for the modern entertainer, featuring a corner outlook with views of Madison Avenue.

Chef’s Culinary Hub: An expansive kitchen displays multiple textures that include high quality lacquer cabinetry from floor to ceiling providing flat panel, single unadorned surfaces, thick marble counter tops and backsplash, a 9-foot marble breakfast bar, a dedicated second marble countered "coffee bar," and premium custom cabinetry.

Professional Appliances include:  6-burner GE Monogram gas cooktop, separate oversized refrigerator and freezer units, Viking wine cooler, and a double-sized stainless steel sink with a gooseneck faucet. 6 Upper Cabinets in white lacquer, full slabs of marble backsplash and counters, many lower cabinets and drawers for the chef who wants enormous storage and room to cook.

Service Entrance: A dedicated service door provides seamless entry for food and personal deliveries.

The Private Bedrooms

Two grand bedrooms are tucked away for maximum privacy.

Primary Suite: A true sanctuary featuring designer wallpaper, a King-sized layout, and two massive walk-in closets completely outfitted in custom wood millwork. The en-suite bathroom is a spa-like retreat clad in custom marble slabs.

Second Bedroom: Fully customized with built-in cabinetry, a dedicated desk area, and integrated shelving/TV housing, served by a luxurious second marble bathroom with a built-in vanity and walk-in shower.

Lifestyle Features

Walk-in Laundry Room: A rare New York luxury—a dedicated walk-in laundry closet with a stackable Miele Washer/Dryer, tiled walls, and pantry shelving.

Storage: Wall-to-wall windows are accented by custom cabinetry below, providing a surplus of integrated storage throughout the home.

The Building & Neighborhood
The Charles House Condominium located on the corner of Madison Avenue and 78th Street is a White Glove full-service luxury Condominium that has a full-time doorman, a live in superintendent, a newly renovated lobby, a stunning planted roof deck with unobstructed views of the Manhattan skyline and Central Park, a fitness center  and a garage.

Located at 40 East 78th Street, this full-service condominium sits in the heart of the "Gold Coast." Down the block from the Met and Central Park

Retail Excellence: The building's ground-level facade is wrapped in white granite and features world-class retailers

The "Social Triangle": Steps from your front door are the city’s most iconic destinations. Morning coffee at Sant Ambroeus Madison, cocktails at The Carlyle, and dinner at The Mark Hotel.

Financial Overview
Monthly Common Charges: $1742.19
Taxes: For primary residents, the Real Estate  reflect the STAR program $2318/month
Non-Primary RE Tax: $2,809/month.
Assessment: $327.23/month

Opportuni

## Property Details

- **Property Type**: Condominium
- **Beds**: 2
- **Baths**: 2
- **Rooms**: 5
- **Sqft**: 1,300 sqft
- **Stories**: 15
- **Year Built**: 1958
- **Price per Sqft**: $2,304
- **Common Charges**: $1,742.9 / Monthly
- **Monthly Taxes**: $2,318 / mo
- **Listed On**: Apr 21, 2026
- **Days on Market**: 139 Days

### Residence Features

- Central Air
- Central
- Common On Floor
- Common Area
- In Unit
- Garage
- Building Roof Deck
- Breakfast Bar
- Chandelier
- Granite Counters
- Recessed Lighting
- Walk-In Closet(s)
- WaterSense Fixture(s)
- Cooktop
- Gas Cooktop
- Gas Oven
- Refrigerator
- Stainless Steel Appliance(s)
- Wine Cooler
- Hardwood
- Bay Window(s)
- Double Pane Windows
- Window Treatments
- City Lights
- City
- Neighborhood
- See Remarks

### Building Amenities

- Garage

## Sales Evidence

### Recent closed sales

22 apartments at 40 East 78th Street have recorded sales since September 2021, the most recent for $2,575,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [5F](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10075/40-east-78th-street-f-5F-ny-10075) (Apartment) | 2 | 1,295 | $2,575,000 | $1,988/ft² | August 14, 2026 | MLS |
| 5E (Apartment) | 2 | 1,300 | $2,995,000 | $2,304/ft² | August 5, 2026 | MLS |
| 11F (Apartment) | 2 | — | $2,590,000 | — | June 3, 2026 | MLS |
| 4H (Apartment) | 3 | 1,679 | $3,415,000 | $2,034/ft² | May 1, 2026 | City record · MLS |
| 6F (Apartment) | 2 | 1,295 | $2,740,000 | $2,116/ft² | March 25, 2026 | City record · MLS |
| 15D (Apartment) | 3 | 1,377 | $3,950,000 | $2,869/ft² | November 5, 2025 | City record |
| 6H (Apartment) | 4 | 1,844 | $3,747,500 | $2,032/ft² | September 4, 2025 | City record · MLS |
| 12C (Apartment) | 2 | — | $1,800,000 | — | May 28, 2025 | City record · MLS |
| 8C (Apartment) | 2 | 1,200 | $1,530,000 | $1,275/ft² | February 14, 2025 | City record · MLS |
| 5CD (Apartment) | — | 2,402 | $3,950,000 | $1,644/ft² | December 6, 2024 | City record |
| 5C (Apartment) | 4 | 2,530 | $3,995,000 | $1,579/ft² | December 6, 2024 | MLS |
| 4F (Apartment) | 3 | — | $2,725,000 | — | November 19, 2024 | City record · MLS |
| 5H (Apartment) | 3 | 1,359 | $1,730,000 | $1,273/ft² | January 31, 2024 | City record · MLS |
| 15F (Apartment) | 3 | 2,567 | $6,765,000 | $2,635/ft² | July 27, 2023 | City record |
| 6H (Apartment) | 3 | — | $3,495,000 | — | July 18, 2023 | MLS |
| 8F (Apartment) | 2 | 1,440 | $2,750,000 | $1,910/ft² | July 6, 2023 | City record · MLS |
| 10-B (Apartment) | 2 | 1,203 | $2,200,000 | $1,829/ft² | July 7, 2022 | City record · MLS |
| 6-H (Apartment) | 3 | 1,844 | $3,400,000 | $1,844/ft² | April 27, 2022 | City record · MLS |
| 12B (Apartment) | 2 | 1,208 | $2,265,000 | $1,875/ft² | March 15, 2022 | City record |
| 7A (Apartment) | 1 | 704 | $999,000 | $1,419/ft² | December 20, 2021 | City record |
| 6G (Apartment) | 2 | 1,635 | $2,700,000 | $1,651/ft² | December 17, 2021 | City record · MLS |
| 6B (Apartment) | 2 | 1,208 | $1,834,525 | $1,519/ft² | December 15, 2021 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

The median closed price for comparable two-bedroom sales at 40 East 78th Street is $2,232,500, based on 8 sales between December 2021 and March 2026. This home is asking $2,995,000, $762,500 above that median. The middle half of those sales closed between $1,825,894 and $2,710,000.

- **Median closed price**: $2,232,500
- **Middle half**: $1,825,894 – $2,710,000
- **Based on**: 8 two-bedroom sales at 40 East 78th Street
- **Period**: December 2021 – March 2026
- **Median $/ft²**: $1,829/ft²

Across the 6 of these sales with a published asking price, the median closed at 89.6% of what it originally asked. 100% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 89.6% of the original ask
- **Closed below ask**: 100% of 6 sales
- **Listed → in contract**: 76 days (about 11 weeks)
- **In contract → closed**: 76 days (about 11 weeks)

Across the 6 of these sales with a published asking price, the median closed at 89.6% of what it originally asked. 100% of them closed below the original ask.

Half of these homes were in contract within 76 days (about 11 weeks) of coming to market, based on the 7 with a recorded listing date.

Once a deal was agreed, closing took a further 76 days (about 11 weeks), based on the 6 with both dates recorded.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 8 two-bedroom sales at 40 East 78th Street, December 2021 – March 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median price per square foot for sales at 40 East 78th Street, 2017 to 2025. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year.

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2017 | $2,207/ft² | 7 |
| 2018 | $1,759/ft² | 7 |
| 2019 | $1,621/ft² | 3 (thin) |
| 2021 | $1,419/ft² | 11 |
| 2022 | $1,844/ft² | 3 (thin) |
| 2025 | $2,032/ft² | 4 (thin) |

Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 40 East 78th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/40-east-78th-street)

## Price and Property History for 40 East 78th Street, Unit 5E

Review the recorded listing activity for 40 East 78th Street, Unit 5E, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $155,000, or 4.9%, on May 15, 2026
- **Originally listed**: March 20, 2026 at $3,250,000
- **Last sold**: $2,995,000 on August 5, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| August 5, 2026 | $2,995,000 | Sold |
| June 26, 2026 | $2,995,000 | Entered contract |
| May 15, 2026 | $2,995,000 | Asking price reduced by $155,000, or 4.9% |
| March 20, 2026 | $3,250,000 | Listed for sale by Compass |
| October 31, 2018 | $2,725,000 | Sold — recorded sale price |
| August 29, 2018 | $2,725,000 | Entered contract |
| December 18, 2017 | $2,995,000 | Listed for sale by Coldwell Banker Warburg |
| September 9, 2013 | $2,437,500 | Sold — recorded sale price |
| May 29, 2013 | $2,500,000 | Entered contract |
| September 11, 2012 | $2,500,000 | Listed for sale by Elliman |

## Property Tax History

Taxes at 40 East 78th Street #5E were $33,878 in 2026, up 7.7% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $307,385 | $43,028 | $264,357 | $271,027 | $33,878 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $307,282 | $43,028 | $264,254 | $251,570 | $31,446 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $253,418 | $43,028 | $210,390 | $235,831 | $29,479 | 12.5% |
| 2023 (FY 2023/24) | $246,562 | $43,028 | $203,534 | $234,427 | $24,275 after $5,033 abatement | 12.502% |
| 2022 (FY 2022/23) | $240,501 | $43,028 | $197,473 | $234,889 | $8,672 after $20,142 abatement | 12.267% |
| 2021 (FY 2021/22) | $225,782 | $43,028 | $182,754 | $225,782 | $9,269 after $18,355 abatement | 12.235% |
| 2020 (FY 2020/21) | $252,605 | $43,028 | $209,577 | $235,574 | $28,898 | 12.267% |
| 2019 (FY 2019/20) | $246,398 | $43,028 | $203,370 | $223,634 | $27,894 | 12.473% |
| 2018 (FY 2018/19) | $248,873 | $43,028 | $205,845 | $214,452 | $27,047 | 12.612% |
| 2017 (FY 2017/18) | $217,324 | $43,028 | $174,296 | $208,861 | $26,565 | 12.719% |
| 2016 (FY 2016/17) | $212,677 | $43,028 | $169,649 | $208,861 | $26,926 | 12.892% |
| 2015 (FY 2015/16) | $192,929 | $43,029 | $149,900 | $206,719 | $26,632 | 12.883% |
| 2014 (FY 2014/15) | $200,470 | $43,028 | $157,442 | $201,481 | $25,900 | 12.855% |
| 2013 (FY 2013/14) | $220,910 | $43,028 | $177,882 | $191,824 | $25,215 | 13.145% |
| 2012 (FY 2012/13) | $234,749 | $43,028 | $191,721 | $184,835 | $24,363 | 13.181% |
| 2011 (FY 2011/12) | $231,394 | $43,028 | $188,366 | $164,574 | $22,107 | 13.433% |
| 2010 (FY 2010/11) | $197,345 | $43,028 | $154,317 | $149,890 | $20,015 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner.

Figures are the New York City Department of Finance assessment roll for tax lot 1013921159. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 40 East 78th Street

Upper East Side · Condominium

40 East 78th Street, New York, NY 10075

A building in Upper East Side, currently featuring 4 active listings.

- **Year Built**: 1956
- **Total Units**: 4
- **Floors**: 15

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/40-east-78th-street)

### Available Residences — For Sale (4)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [5E](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10075/40-east-78th-street-e-5E-ny-10075) | 2 | 2 | 1,300 sqft | $2,304 | $2,995,000 (-4.9%) | Compass | Apr 21, 2026 | 139 days |
| [10B](https://realestaterebatesnewyork.com/new-developments/newyorkcity/manhattan/10075/40-east-78th-street-b-10B-ny-10075) | 2 | 2 | 1,250 sqft | $2,080 | $2,600,000 | Corcoran Group | Oct 28, 2025 | 314 days |
| [7-H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10075/40-east-78th-street--h-7H-ny-10075) | 3 | 3 | 1,843 sqft | $1,953 | $3,600,000 | A & I Broadway Realty Inc | Mar 11, 2026 | 180 days |
| [7A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10075/40-east-78th-street-a-7A-ny-10075) | 1 | 1 | 709 sqft | $1,622 | $1,150,000 | Brown Harris Stevens Residential Sales LLC | Jun 14, 2026 | 85 days |

## Estimated Monthly Payment

**$19,205 / month**, assuming a 20% down payment ($599,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $15,144
- **Property Taxes**: $2,318
- **Common Charges**: $1,743

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Upper East Side

Overview of Upper East Side

[Explore Upper East Side](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Upper East Side

- [Central Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/central-park)
- [Roosevelt Island real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/roosevelt-island)
- [Upper West Side real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-west-side)
- [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown)
- [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district)
- [East Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem)

## Related Links

- [40 East 78th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/40-east-78th-street)
- [Upper East Side neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> 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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.