51 East 78th Street #1D, New York City, NY 10075
Listing Courtesy of Compass
$450,000
Potential Rebate: $6,750
Overview
Elegant Prewar Beauty in Exclusive Location! Look no further for the ideal pied-a-terre or sophisticated studio home in a lovely, well-maintained cooperative between Madison and Park Avenues!
With over 11-foot ceilings and oversized, south-facing windows, this charming apartment has excellent light and is located on an elevated first floor off of the beautiful building lobby. With a formal entry foyer, this studio home has a gracious layout and the particularly high ceilings give the home an airy quality and spaciousness not often found in a studio. There is ample room for a full bedroom set and separate living area in the main room. The separate windowed kitchen area off of the entry foyer, is large enough for a proper kitchen and the separation from the main room helps keep cooking smells in the kitchen.
The current owner has used this apartment exclusively as a therapist's office for many years, but the building no longer wishes to have units used as professional offices, so this is a special opportunity to purchase a well-priced home in an exceptional building and location. The new owner will need to install their own kitchen in the location that had once housed a kitchen but was removed by the current owner to be used as a waiting room. The windowed bathroom is a well-maintained original art deco bathroom in excellent condition.
51 East 78th Street is a well-maintained, elevator cooperative with recently refreshed lobby, LOW maintenance, attentive superintendent, and common laundry. Please note this is a non-smoking building. Sorry, pets are not permitted. There is currently an assessment in the amount of $146.76 /month through May 2026.
Home Features
- •Common On Floor
- •Common Area
- •High Ceilings
Estimated Monthly Payment
$3,577 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$6,750
Monthly savings impact
$19/mo
Effective Purchase Price
$443,250
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
Similar Homes
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.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20059750
RLS at REBNY
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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. ©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.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20059750
RLS at REBNY
Price Analysis
Compare average listing prices and value metrics for 51 East 78th Street against the surrounding Upper East Side market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
91.68% Lower
than the Upper East Side price average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
