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78 Irving Pl #Penthouse, New York, NY, 10003

5beds
6baths
6,630sqft
$19,750,000
$2,979price/sqft
$115,946/moest. monthly cost
$4,637,840/yrincome needed

About This Home

A Townhouse in the Sky Townhouse living, reimagined—this three-story, 6,630-square-foot penthouse with a breathtaking private rooftop terrace crowns the top of 78 Irving Place, an ultra-exclusive, landmarked condominium in the Gramercy Park Historic District. Designed by renowned architect Pietro Cicognani, this architectural tour de force offers total privacy, triple exposures, and soaring views over “block beautiful” and Gramercy Park. Each of the three interior floors spans approximately 2,210 square feet, offering a balanced and intuitive layout for both daily life and grand entertaining. Entertaining Level Arrive via private keyed elevator to a full-floor, this 23-foot-wide 2,210 square foot entertaining level bathed in natural light. A luminous skylight caps the sculptural staircase, creating a dramatic centerpiece upon entry. The corner great room features a bespoke stone fireplace and custom butler’s bar—ideal for refined entertaining. Adjacent, a formal dining room, plush media lounge, and discreet powder room complete the scene. The windowed, eat-in chef’s kitchen is outfitted with a custom Lacanche range, a handcrafted Ann-Morris pot rack, and top-tier appliances by Gaggenau, Miele, and Thermador. Primary Suite Level An entire floor is devoted to the grand primary suite: a sunlit corner bedroom with a midnight bar and en-suite auxiliary bath, a private study or sitting room, and a Parisian-style dressing room that opens into a spa sanctuary. The primary bath is clad in pure marble and features radiant heated floors, a freestanding soaking tub, a steam shower, a double vanity, and a private water closet. Secondary Bedroom Level This floor offers three spacious bedrooms, each with an en-suite bath and dressing room. A flexible lounge or library adds versatility, and a large laundry room can be incorporated with ease. Rooftop Terrace Above it all is a 955-square-foot private rooftop terrace with panoramic views. Design your outdoor dreamscape: summer kitchen, fireplace, and a custom 8' x 7'5" spa—all framed by Gramercy Park’s storied skyline. Finishes & Features No detail was overlooked: soundproof custom windows, Italian plaster walls, elegant paneling with ornate ceiling rosettes, chandeliers from John Rosselli & Associates, and radiant-heated Scandinavian chevron floors throughout. The property boasts full Savant smart home automation, individually zoned central air, and keyed elevator access to all levels. Dedicated storage is included. 78 Irving Place This boutique six-residence condominium offers white-glove 24/7 concierge service. Perfectly positioned in the heart of Gramercy Park, just moments from Manhattan’s finest dining, culture, and parks—this is true townhouse living, elevated. Select photos are virtually rendered. This is a co-exclusive with Compass.

Getting Around

100
WalkingWalker's Paradise
100
TransitRider's Paradise
93
BikeBiker's Paradise

Schools

8/10
8/10
Jhs 104 Simon BaruchGrades 6-80.3 mi
8/10
Gramercy Arts High SchoolGrades 9-120.1 mi

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Roof Rights

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood
  • Fireplace features: Gas
  • Fireplace: Yes

Interior Area

  • Total structure area: 6,630
  • Total interior livable area: 6,630 sqft

Property

Details

  • Parcel number: 008741407
  • Special condition: Resale

Features

  • Patio & porch: Deck
  • Exterior features: Private Roof Deck
  • Has view: Yes
  • View description: City,Garden,Park/Greenbelt

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

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
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 $99,866$1,198,392
Home Insurance *$3,300$39,600
Property Taxes $11,685$140,220
Electricity $1,095$13,148
Total$115,946$1,391,352
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$3,975,291/yr
40% on housing$3,478,380/yr
45% on housing$3,091,893/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

$2,979This listing

vs Other Active Listings

Avg $/sqft

ZIP 10003$1,453
New York County$1,488

vs Homes Sold Last Month

Median $/sqft

ZIP 10003$1,089
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)

Price History

DateEventPrice
2025-11-17Price change$19,750,000
2025-07-16Listed for sale$22,750,000
2017-09-29Sold$18,029,375

For Sale by Agent

AgentMadeline Hult Elghanayan
BrokerageDouglas Elliman

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