167 East 78th Street

The ten-story building contains 38 apartments. Red brick rises above a limestone base, with original multipaned windows and a one-and-a-half-story limestone-and-gray-marble entrance surround crowned by abstract limestone eagles.

Many apartments have double-height living rooms with tall studio windows and an upper level or sleeping balcony. Layouts range from one-bedrooms to larger homes; inspect dimensions, circulation and the condition of original features before planning alterations.

Staffing and amenities include a 24-hour doorman, a live-in resident manager, a gym, a central laundry room, and private storage. The cooperative is pet-friendly, with the following reported policies and a transfer-fee payer conflict: the building permits financing up to 60%, reports a 3% flip tax with an unresolved payer (the earlier narrative names the purchaser; a separately cited August 2026 management-attributed module names the seller; obtain the operative schedule), and allows pied-à-terre use on a case-by-case basis with board approval. Buyers should plan around the 60% financing cap — a higher down payment than some co-ops require — as part of their underwriting.

Recent sales

Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.

Market read. $/sf is measured on the latest sales with reliable square footage (2024): a median $1,142/sf (recorded) across 3 sales. The building has traded as recently as 2026. Median listing discount 5.8% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01413-0027). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.

Prepare the board application and interview, and budget for at least 40% down under the reported 60% financing cap. Resolve the transfer-fee payer and any intended pied-à-terre use under the documented conditions above before committing. Test how the upper level or balcony works for your needs. Third and Lexington Avenue shops, the 6 and Q trains, and Central Park are nearby.

Use measured plans and photographs to show the studio’s height, light, upper-level access and original detail. Supply the current financing rules and operative transfer-fee schedule, including the unresolved payer issue, and support pricing with dated studio-layout sales rather than assuming a premium for the building’s service level.

If you're considering The Morgan Studios, compare the tenure, age and actual layouts of these nearby Lenox Hill buildings:

• 170 East 78th Street — the matched sister studio building across the block
• 151 East 76th Street — nearby residential building south of the Morgan Studios
• 175 East 77th Street — Lenox Hill building; verify ownership structure and current purchase rules
• 136 East 79th Street — pre-war co-op nearby
• 201 East 77th Street — residential building on the 77th Street corridor