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306 W 78th St, New York, NY, 10024

8beds
10baths
5,648sqft
$6,125,000
$1,084price/sqft
$38,021/moest. monthly cost
$1,520,840/yrincome needed

About This Home

Originally built in 1895 by architect J.W. Davison, 306 West 78th Street is the third in a series of four townhouses designed in the Renaissance Revival style. The 18-foot-wide property comprises a modern, light-filled, and spacious owner’s duplex, plus seven additional rental units. The home offers approximately 5,648 square feet of interior space. 306 West 78th Street provides exceptional flexibility and optionality, given the building’s strong rent roll and a renovated owner’s unit with generous outdoor space. The property is ideal for conversion to a single-family residence, use by a live-in owner seeking to offset expenses with rental income, or acquisition by an investor completing a tax-free exchange. Located on a picturesque tree-lined block just steps from Riverside Park, 306 West 78th Street is close to top Manhattan schools, acclaimed restaurants, vibrant retail, and premier cultural institutions—capturing the essence of Upper West Side living.

Getting Around

57
WalkingSomewhat Walkable
100
TransitRider's Paradise
78
BikeVery Bikeable

Schools

8/10
Ps 87 William ShermanGrades PK-50.3 mi
8/10
The Anderson SchoolGrades K-80.3 mi

Construction

Condition

  • Year built: 1910

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 10
  • Full bathrooms: 9
  • 1/2 bathrooms: 1

Features

  • Flooring: Hardwood
  • Fireplace features: Decorative
  • Fireplace: Yes

Interior Area

  • Total structure area: 5,648
  • Total interior livable area: 5,648 sqft

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Garden
  • Has view: Yes
  • View description: City

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Hurricane
Inland Flooding
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $30,971$371,652
Home Insurance *$2,494$29,928
Property Taxes $3,623$43,476
Electricity $933$11,200
Total$38,021$456,252
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,303,577/yr
40% on housing$1,140,630/yr
45% on housing$1,013,893/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,084This listing

vs Other Active Listings

Avg $/sqft

ZIP 10024$1,418
New York County$1,488

vs Homes Sold Last Month

Median $/sqft

ZIP 10024$800
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-11-10Listed for sale$6,125,000
2021-07-19Listing removed--
2021-06-17Pending sale$5,995,000
2020-10-16Price change$5,995,000
2020-05-13Listed for sale$6,950,000

For Sale by Agent

AgentRichard Pretsfelder
BrokerageLeslie J. Garfield

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