311 West 78th Street
Description
Ideal for an end-user seeking a home with income or an investor looking for long-term upside.
311 West 78th Street is an 18-foot-wide Renaissance Revival limestone with approx. 5,000 SF across five stories, located just off Riverside Park between West End Avenue and Riverside Drive.
The property is configured as five residential units: three stabilized (Owner’s Duplex, 4th Floor front studio, and 5th Floor studio) and two free market (3rd Floor...Cash Buyers Only – 5-Unit Limestone with Vacancies & Upside
Ideal for an end-user seeking a home with income or an investor looking for long-term upside.
311 West 78th Street is an 18-foot-wide Renaissance Revival limestone with approx. 5,000 SF across five stories, located just off Riverside Park between West End Avenue and Riverside Drive.
The property is configured as five residential units: three stabilized (Owner’s Duplex, 4th Floor front studio, and 5th Floor studio) and two free market (3rd Floor one-bedroom and 4th Floor rear studio). The Owner’s Duplex and the 4th Floor front studio will be delivered vacant. The 3rd Floor one-bedroom is free market and rented at $6,000/month. The 5th Floor stabilized studio remains occupied.
Owner’s Duplex (Garden & Parlor): Skylit kitchen/dining, 31’ x 19’ garden, 11’ ceilings, original plaster details, and working fireplaces. Delivered vacant.
3rd Floor (Unit 2 – Free Market): One-bedroom with 10’ ceilings, laundry, and working fireplace. Rented at $6,000/month.
4th Floor: Rear studio (free market, terrace, exposed brick, washer/dryer). Front studio (stabilized). Front delivered vacant.
5th Floor (Unit 5 – Stabilized): Studio with rent near market.
Additional features include a full cellar with 7’8” ceilings, updated mechanicals (new boiler, sprinkler, hot water heaters, thermostats), and long-term ownership.
Please Note: This property does not qualify for residential financing. Commercial loans for this asset type are generally unavailable. Cash-only purchase.
Amenities
- Private Terrace
- Private Yard
- Common Outdoor Space
- Exposed Brick
- Working Fireplace
- High Ceilings
- Walk Up
- Washer / Dryer in Unit
Property Details for 311 West 78th Street
| Status | Active |
|---|---|
| Days on Market | 33 |
| Taxes | $6,104 / month |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | 12.0 |
| Compass Type | Multi Family |
| MLS Type | - |
| Year Built | 1900 |
| Lot Size | 1,800 SF / 18' x 100' |
| County | New York County |
| Buyer's Agent Compensation | 2.5% |
Building
311 W 78th St
Location
Listing Courtesy of: .
Building Information for 311 West 78th Street
Payment Calculator
$24,288 per month
30 year fixed, 6.28% Interest
$18,184
$6,104
$0
Property History for 311 West 78th Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Nov 1, 2025 | Listed (Active) Manual | $3,680,000 | — |
| Oct 31, 2025 | Temporarily Off Market Manual | — | |
| Sep 16, 2025 | Listed (Active) Manual | $3,680,000 | — |
| Jun 22, 2025 | Temporarily Off Market Manual | — | |
| Apr 22, 2025 | Price Change Manual | $4,000,000 | — |
| Mar 11, 2025 | Listed (Active) Manual | $4,500,000 | — |
| Feb 26, 2025 | Temporarily Off Market Manual | — | |
| Jan 27, 2025 | Temporarily Off Market Manual | $4,995,000 | — |
| Dec 10, 2024 | Temporarily Off Market Manual | — | |
| Sep 26, 2024 | Listed (Active) Manual | $4,995,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 11/01/2025 | Listed (Active) Manual | $3,680,000 |
| 10/31/2025 | Temporarily Off Market Manual | — |
| 09/16/2025 | Listed (Active) Manual | $3,680,000 |
| 06/22/2025 | Temporarily Off Market Manual | — |
| 04/22/2025 | Price Change Manual | $4,000,000 |
| 03/11/2025 | Listed (Active) Manual | $4,500,000 |
| 02/26/2025 | Temporarily Off Market Manual | — |
| 01/27/2025 | Temporarily Off Market Manual | $4,995,000 |
| 12/10/2024 | Temporarily Off Market Manual | — |
| 09/26/2024 | Listed (Active) Manual | $4,995,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 311 West 78th Street
Schools near 311 West 78th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 12 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
P.S. 87 William Sherman PublicPK to 5 | ||
Young Women's Leadership School Public6 to 12 | ||
West Prep Academy Public6 to 8 | ||
Edward A Reynolds West Side High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.