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$4,600,000
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Property Description
Rare Upper West Side Limestone Townhouse - Live with Income or Exceptional Investment Opportunity Located on one of the Upper West Side's most desirable tree-lined blocks between West End Avenue and Riverside Drive, this architecturally significant 18-foot-wide Renaissance Revival limestone townhouse offers approximately 5,000 square feet across five stories. Designed by renowned architect George Pelham, this beautifully maintained property is currently configured as five residential units, presenting an exceptional opportunity for investors, owner-occupants, or those seeking a future single-family conversion. The building features: Owner's garden/parlor duplex with a private 31' × 19' landscaped garden One free-market one-bedroom apartment Two free-market studio apartments One rent-stabilized studio apartment with a tenant paying near-market rent 4 of the 5 units will be delivered vacant at closing, including the owner's duplex, one one-bedroom apartment, and two studio apartments, offering tremendous flexibility for immediate occupancy, rental income, or future reconfiguration. Rich in original architectural character, the home showcases soaring ceilings, intricate plaster moldings, decorative fireplaces, oversized bay windows, hardwood floors, and abundant natural light throughout. The full-length cellar is exceptionally clean and well maintained, featuring updated mechanical systems including a new boiler, hot water heaters, thermostats, sprinkler system, and generous storage space. Ideally located just steps from Riverside Park, the Hudson River Greenway, the M79 Crosstown Bus, and the 1, 2 & 3 subway lines, this remarkable townhouse offers the perfect blend of historic elegance, investment potential, and everyday convenience. Whether you're looking to live with rental income, acquire a trophy investment property, or restore this magnificent limestone townhouse into a grand single-family residence, 311 West 78th Street presents a truly rare opportunity in one of Manhattan's most coveted neighborhoods. An outstanding opportunity for 1031 Exchange buyers, investors, or end-users seeking long-term appreciation in a premier Upper West Side location. Shown by appointment only.
Full Property Details
Full Property Details for 311 W 78th St
General
- Price: $4,600,000
- Taxes: $72,852
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 1021445
- Updated: 10/3/2026
- Added to Site: 100 day(s) ago
Parking
- Parking Features: None
Location
- County: New York (Manhattan)
Heating & Cooling
- Cooling Type: Multi Units
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Stone
- Basement: Yes
- Basement Desc.: Common, Full Basement, Storage Space
- Building Size: 5409
- Square Feet: 5,409
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.0413
- Lot Size (Sq. Ft.): 1,800
- Zoning: R8B
Financial Considerations
- Tax Amount: $72,852
Disclosures and Reports
- Special Conditions: None
- Property ID: 1186-0069
Listed by Prime Realty
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Schools
Schools serving 311 W 78th St
School District:New York City Geographic School District 03
| Name | Grades | Distance |
|---|---|---|
Ps 87 William Sherman 160 West 78th Street, New York, NY 10024 | K-5 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 311 W 78th St
Date
Details
Price
Change
Source
7/02/2026
Listed
$4,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 311 W 78th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$73,210
—
$604,451
3%
2025
$73,210
—
$585,676
—
2024
$73,221
8%
$585,676
8%
2023
$67,800
10%
$542,316
-71%
2022
$61,599
8%
$1,876,050
25%
2021
$57,037
2%
$1,500,750
-5%
2020
$56,193
—
$1,576,800
14%
2019
$56,373
7%
$1,385,640
232%
2018
$52,613
7%
$417,166
8%
2017
$49,130
7%
$386,272
8%
2016
$46,110
3%
$357,663
3%
2016
$44,647
7%
$346,554
—
2014
$41,549
4%
$346,554
8%
2013
$39,914
—
$320,897
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 311 W 78th St
311 W 78th Street, New York, NY 10024 (MLS# 1021445) is a Commercial property. 311 W 78th Street is currently listed for $4,600,000 and was received on July 02, 2026. Want to learn more about 311 W 78th Street? Do you have questions about finding other Commercial real estate for sale in New York? You can browse all New York real estate or contact a Coldwell Banker agent to request more information.

