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The Sovereign - 425 East 78th Street, New York, NY 10075 Property Information

The Sovereign - 425 East 78th Street, New York, NY 10075 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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The Sovereign - 425 East 78th Street, New York, NY 10075 2
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Address

Building name The Sovereign
Primary address The Sovereign - 425 East 78th Street
Secondary address 425-427 E 78th St
Neighborhood Lenox Hill
Zip code 10075
Borough Manhattan
Block & lot 01473-0016

Sales & Tax Overview for 425 East 78th Street, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class
Estimated property tax $276,405

Lot & Building Information for 425 East 78th Street, New York

Lot sqft 5,108
Lot dimensions 50 ft x 102.17 ft
Building class Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4) i
Building sqft 22,341
Building dimensions 50 ft x 60 ft
Buildings on lot 1
Stories 7
Year built 1910
Year last altered 1987
Frontage(s) East 78 Street(narrow)
Nearest wide street East 79 Street
Distance to wide street
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Zoning & Use for 425 East 78th Street, New York

Zoning
Residential units (DOF) 35
Regulated units
Residential sqft

Area Overview

Walk Score
98 /100. Walker's Paradise
Transit Score
100 /100. Rider's Paradise
Bike Score
85 /100. Very Bikeable

School district 2
Community district 8
Closest police station 0.68 Miles
Closest fire station 0.33 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 425 East 78th Street, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for The Sovereign - 425 East 78th Street, New York, NY 10075, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for The Sovereign - 425 East 78th Street, New York, NY 10075, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 425-427 E 78th St, New York, NY 10075

About 425 East 78th Street, New York

What is the year built & the total sq. ft. for The Sovereign - 425 East 78th Street, New York, NY 10075?

The Sovereign - 425 East 78th Street, New York, NY 10075 was built in 1910 and has a total of 22,341 square feet.

What is the assessed value of The Sovereign - 425 East 78th Street, New York, NY 10075 and the property tax paid?

Assessed at $2,569,500, the tax amount paid for The Sovereign - 425 East 78th Street, New York, NY 10075 is $266,233. For the next year, the tax amount for The Sovereign - 425 East 78th Street, New York, NY 10075 is estimated at $276,405.

When was The Sovereign - 425 East 78th Street, New York, NY 10075 last sold?

The Sovereign - 425 East 78th Street, New York, NY 10075 was last sold in 01/04/1990.

How many residential units does this building have?

This building has 35 residential unit(s).

Ownership Information for 425 East 78th Street, New York

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Property owner name for The Sovereign - 425 East 78th Street, New York, NY 10075
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Building contacts for The Sovereign - 425 East 78th Street, New York, NY 10075
Building management:
Representatives (from permits):
Tenants:


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Past Sales & Property History for 425 East 78th Street, New York

Create a free account to view the complete sales history for 425 East 78th Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 425 East 78th Street, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
05/03/2018 - R Initial UCC1
(2018050100131009)
05/03/2018 - R Initial UCC1
(2018050100131008)
05/03/2018 - R UCC3 termination
(2018050100131007)
04/26/2018 - D
05/03/2018 - R		 Assignment of leases and rents
(2018050100131006)
04/26/2018 - D
05/03/2018 - R		 Mortgage
(2018050100131005)
04/26/2018 - D
05/03/2018 - R		 Assignment of leases and rents
(2018050100131004)
04/26/2018 - D
05/03/2018 - R		 Agreement
(2018050100131003)
04/24/2018 - D
05/03/2018 - R		 Assignment, mortgage
(2018050100131002)
04/03/2018 - D
05/03/2018 - R		 Termination of assign of L&R
(2018050100131001)
11/15/2017 - R UCC3 termination
(2017111500095001)
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R: Recorded date
D: Document date

Property Taxes for 425 East 78th Street, New York

Access detailed property tax data for The Sovereign - The Sovereign - 425 East 78th Street, New York, NY 10075. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2024-2025
Property tax: $266,233
Estimated property tax: $276,405
Tax assessor's market value: $5,710,000
Assessed value: $2,569,500
Exemptions granted by city:

More about New York City Property Taxes

Assessment History for 425 East 78th Street, New York

Here's the assessment & property tax history for 425 East 78th Street, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate% Base tax Property tax Year over year change
2024/25 $5,710,000 $2,569,500 $2,436,060 12.5% $304,798 $266,278 -10.66%
2023/24 $5,391,000 $2,425,950 $2,384,000 12.502% $298,338 $298,048 +15.03%
2022/23 $6,229,000 $2,803,050 $2,406,850 12.267% $295,541 $259,103 +6.83%
2021/22 $5,205,000 $2,342,250 $2,277,790 12.235% $279,892 $242,543 -13.09%
2020/21 $5,774,000 $2,598,300 $2,275,050 12.267% $280,546 $279,080 +1.76%
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Permits for 425 East 78th Street, New York

The complete history of permits filed for 425 East 78th Street, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
10/13/2022 Alteration
09/23/2019 Alteration
09/05/2019 Alteration
07/23/2019 Alteration type 2
03/28/2019 Alteration
03/28/2019 Alteration
01/09/2017 Alteration type 2
06/30/2016 Alteration type 2
05/18/2015 Alteration type 2
08/02/2011 Alteration type 3
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More about New York City Property Records

Lenox Hill Residential Market Stats

Access a detailed real estate market overview of Lenox Hill so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Lenox Hill and compare it to other neighborhoods in Manhattan.

Median Sale Price
$1,150,000
4.5% YoY
Median Price/Sqft
$1,260
-2.6% YoY
Manhattan Median Sale Price
$1,080,000
8.1% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station 2nd Ave & Bet 83rd & 84th St
Station lines Q
Distance (miles) 0.346
View subway map
Bus Routes
Name York Av/E 79 St
Line M31
Distance (miles) 0.047

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 158 Baylard Taylor 7 Yes Public PK, K-5 796 0.09
P.S. 158 Baylard Taylor 7 Yes Public PK, K-5 796 0.09
The Caedmon School NR No Private PK-5 227 0.09
The Caedmon School NR No Private PK-5 227 0.09
Lycee Francais De New York NR No Private PK-12 1,364 0.17
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Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Jhs 167 Robert F Wagner 9 Yes Public 6-8 1,378 0.33
YORKVILLE EAST MIDDLE SCHOOL 9 No Public 6-8 230 0.08
Rudolf Steiner Upper School NR No Private 7-12 0 0.16
Lycee Francais De New York NR No Private PK-12 1,364 0.17
St. Stephen of Hungary School NR No Private PK-8 365 0.19
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Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Eleanor Roosevelt High School 10 No Public 9-12 528 0.11
Rudolf Steiner Upper School NR No Private 7-12 0 0.16
Lycee Francais De New York NR No Private PK-12 1,364 0.17
Birch Wathen Lenox School NR No Private K-12 576 0.33
The Birch Wathen Lenox School NR No Private K-12 541 0.33
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Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 425 East 78th Street, New York

Here are the neighbors for The Sovereign - The Sovereign - 425 East 78th Street, New York, NY 10075.

Address Square feet Purchase date Purchase price
1481 York Ave, New York 7,500 10/15/2015 $7,350,000
1477 York Ave, New York 8,795 06/15/2024
417 E 78th St, New York 8,000 08/26/1985
405 E 78th St, New York 9,262 08/29/2024 $10,100,000
440 E 79th St, New York 238,293 06/24/1983
423 E 78th St, New York 7,016 12/18/1997
411 E 78th St, New York 5,716 10/03/1985
407 E 78th St, New York 6,596 03/18/1999
447 E 78th St, New York 7,016 09/06/2007 $7,521,260
1512 1st Ave, New York 9,660 04/09/2008 $5,400,000
413 E 78th St, New York 10,622 06/30/2022 $10,000,000
409 E 78th St, New York 10,501 08/26/1996
445 E 78th St, New York 7,016 07/31/2017 $6,600,000
1479 York Ave, New York 7,500 06/25/2015 $7,000,000
412 E 79th St, New York 9,925 12/29/1995
443 E 78th St, New York 9,050 04/17/2019
420 E 79th St, New York 122,420 06/18/2007
421 E 78th St, New York 8,000 08/21/1985
419 E 78th St, New York 8,000 08/26/1985
415 E 78th St, New York 8,938 11/18/2015
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