Great investment Now $4.9 million. LIVE/WORK Welcome to 157 East 78 Street located on a premier treelined, townhouse block on New York City's fashionable Upper East Side. This historic home, one of the five remaining of the original eleven built here in the late 1800s, boasts sunny southern light, a gracious living and entertaining area and a lovely private outdoor space which lends itself to gardening or dining. Enter this residence at street level to an entry hall complete with a powder room, an eat in kitchen and a large and elegant living/dining area with a decorative fireplace that is adjacent to the welcoming outdoor space. On the second floor you will find the expansive double parlor with two decorative fireplaces, a restful study, a mini kitchen and a small powder room. The third and fourth floors provide private space with four bedrooms, three baths and generous closets. In addition this home has three additional half baths. The large basement with washer/dryer and small bath provides an opportunity for additional storage, a wine cellar, or a gym. This home has two new 74 gallon gas powered hot water heaters and its roof is under warranty until 2033. In addition, there is the potential for a possible 869 square feet of expansion space to be confirmed by a prospective buyer's architect and the DOB. The monthly taxes are currently $5350. Manhattan's Upper East Side is home to the Metropolitan and Frick Museums, the aesthetics and recreational facilities of Central Park, haute couture boutiques, as well as renowned cuisine. This is an opportunity not to be missed.