Manhattan condos · below 96th $1,600/sf ▴2%Manhattan co-ops · below 96th $270K/room ▴2%Central Park perimeterPark Ave $472K/room ▴18%CPW $355K/room ▾5%Fifth Ave $501K/room ▴19%Billionaires' Row $4,313/sf ▴24%East Village $1,663/sf ▴10%
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Cooperative · 1916
52 East 78th Street & 61 East 77th Street
52 East 78th Street, New York, NY 10075

52 East 78th Street & 61 East 77th Street

52 East 78th Street, New York, NY 10075

Lenox Hill, Upper East Side

BBL 1013920046 · BIN 1041832

At a glance
Year built
1916
Type
Cooperative
Units
98
Floors
52
Landmark
Designated
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at 52 East 78th Street & 61 East 77th Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.

This is one cooperative in two buildings, and both were built as a school. In 1916 the architects Harde & Hasselman designed a pair of tall school buildings back to back on the block between East 77th and East 78th Streets for the Finch School — a neo-Gothic tower on 78th Street and a neo-Federal building on 77th Street, filed under a single permit, per LPC. The client of record was Mrs. John O'Hara Cosgrave; Jessica Garretson Finch, the school's founder, had married Cosgrave in 1913. The school became Finch College, a women's college, and held both buildings for six decades.

After the college closed in the 1970s, ACRIS shows the property passing from Finch College, through the Dormitory Authority of the State of New York, to a private owner in 1977–78. The new owner converted both buildings to apartments with a J-51 benefit begun in 1979, and in 1984 the sponsor deeded both lots to Finch Apartment Corp. The corporation has owned the two buildings as a single cooperative since.

The practical point for a buyer is that the address on the listing is only half the co-op. A shareholder at 52 East 78th owns shares in a corporation that also owns 61 East 77th Street, shares its mortgage, and shares the income and obligations of roughly 14,700 square feet of commercial space across the two ground floors. The public record lists 47 apartments at 78th Street; the corporation has 98.

Architecture and unit composition

52 East 78th Street. LPC describes a twelve-story neo-Gothic school building of brick and stone on a lot about 40 feet wide. The two-story entrance is flanked by stone pinnacles with crockets and by two-story window bays framed in stone, a stone balcony railing runs across the front, and the top three floors are stone treated to resemble tracery windows. It replaced two rowhouses. A 1930 interior alteration by George F. Mitchell is the only one LPC records before the residential conversion.

61 East 77th Street. LPC describes a ten-story brick and limestone school building in a neo-Federal style with Beaux-Arts features: a limestone ground floor and garlands, oversize second-floor window enframements with triangular pediments, arched seventh-floor windows, dormers above the cornice and copper wreaths at the tenth floor. It replaced three 1877 rowhouses. A ten-story addition at No. 65, faced in limestone at the base, was built in 1965.

The apartments. The conversion put apartments into floor plates designed for classrooms, so layouts vary more than in a purpose-built prewar co-op. DOB filings since 2000 show that variety: an apartment split from 3ABC into 3AB and 3C in 2011, the combination of 4C and 4D in 2013, and duplexes at 8A/9A and on the tenth and eleventh floors at 52 East 78th. The original offering plan's unit schedule was not reviewed. Price each apartment on its own plan.

Building operations

One corporation, two buildings, one mortgage. The underlying mortgage is recorded against both lots. ACRIS shows a refinancing in August 2010 and a consolidated refinancing in October 2018. The maturity and rate are not in the public record; get them from the audited financial statements. Ask too how common charges, reserves and capital work are allocated between the two buildings.

Commercial income. Both ground floors carry non-residential space, and ACRIS records long-term leases on it from 1986 onward, including leasehold mortgages by commercial tenants. For a co-op this size, rent from that space can be a meaningful part of the operating budget, and a lease expiry can move maintenance. Ask for the lease terms and expiry dates.

Façade and landmarks. DOB filings show façade restoration at 52 East 78th in 2008, with scaffolding the height of the building, and further façade repairs filed in 2019. The ornamented stone at the top of the 78th Street façade and the limestone of the 77th Street building are the kind of work that recurs under Local Law 11 inspection cycles, and in the historic district it goes through LPC as well. Ask for the current façade report and any open work.

Taxes. The J-51 benefits from the conversion ended decades ago. Real estate taxes are carried in maintenance, and eligible primary-residence shareholders receive the cooperative abatement.

Recent sales

Finch Apartment Corp. trades as a prewar-era Upper East Side co-op between Madison and Park, priced per room, with a conversion's variety of layouts. With 98 apartments across the two buildings, ACRIS records a steady flow of share transfers — several a year at 61 East 77th and a smaller number at 52 East 78th. Floor, light, ceiling height and how well the conversion layout works decide value inside the co-op; the upper-floor duplexes at 52 East 78th are the outliers. Comparisons belong with the side-street prewar co-ops of the Upper East Side Historic District, adjusted for the conversion floor plans. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

8D+176%
$700,000 2005 → $1,935,000 2026
6A+43%
$610,000 2005 → $870,000 2016
3AB+9%
$1,035,000 2011 → $1,250,000 2016 → $1,377,000 2019 → $1,125,000 2021
2A+8%
$530,000 2012 → $575,000 2014
6D+3%
$500,000 2019 → $515,000 2022

Recent transfers at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.

DateUnitPrice
Aug 11, 20268D$1,935,000
Dec 15, 20232AB$1,250,000
Jan 23, 20238B$510,000
Jun 13, 20226D$515,000
Feb 18, 20223C$950,000
Jul 1, 20213AB$1,125,000

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01392-0046) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.

Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.

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What to know if you’re buying

You are buying into both buildings. Review the financials for the whole corporation. Ask how costs are split between 52 East 78th and 61 East 77th and whether either building has capital work pending.

The board package is the gate. Expect a full financial package and an interview. The board's financing ceiling, minimum down payment and post-closing liquidity requirement are not documented publicly; ask for them before you make an offer.

Get the policy stack in writing. Subletting, pied-à-terre use, purchases through trusts or LLCs, pets and any flip tax must come from the managing agent.

Read the commercial leases. The ground-floor tenants' rent supports the budget. Find out when the leases expire.

Plan renovations around LPC. Interior work goes through DOB; anything visible on the façade or roof also needs LPC approval.

What to know if you’re selling

Lead with the history. The Finch School origin, the neo-Gothic façade and the historic-district setting between Madison and Park set this co-op apart from the post-war stock on the same blocks.

Explain the structure up front. Buyers and their attorneys will find the second building in the records. Explaining the two-building co-op in the listing avoids a surprise in diligence.

Show the plan. Converted classroom floors produce unusual layouts. A measured floor plan does more for the sale than a room count.

Comparable buildings

If you're considering 52 East 78th Street, also evaluate:

  • 71 East 77th Street — Caughey & Evans's 1927–28 co-op on the same block, a few doors east of the Finch building on 77th Street
  • 876 Park Avenue — Rouse & Goldstone's 1917 co-op at the Park Avenue end of the same block
  • 860 Park Avenue — York & Sawyer's 1924–25 full-floor co-op at the 77th Street corner of the block
  • 70 East 77th Street — 1917 co-op across 77th Street
  • 11 East 79th Street — 1928 side-street co-op one block north
  • 21 East 79th Street — Van Wart & Wein's 1930 co-op of 15 full-floor apartments
  • 875 Park Avenue — George and Edward Blum's 1912 co-op across Park Avenue at 78th Street; a similar era and scale
  • 17 East 80th Street — a converted 1908 mansion; another non-apartment building turned co-op

More Upper East Side buildings

The neighborhood

For the full corridor — architecture, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.

Preparing a board package for this building?

The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.

How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.

Considering a move at 52 East 78th Street & 61 East 77th Street?

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com