Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
516 E 78th Street #1-H
Closed For Sale Co-op

$425,000

516 E 78th Street #1-H

Upper East Side, Manhattan

MLS® #RLS10868454

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1912

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1912
Ownership Co-op
Maintenance $1,004/mo
Neighborhood Upper East Side
Floor 1 of 6

Property Highlights

  • Exposure: North,South facing
  • Style: Prewar architecture
  • Character: Pre-war building (1912)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 1 of 6
Exposure North,South
Pets Yes
Cross Street York Avenue/Cherokee Place
Year Built 1912
Architectural Style Prewar
Block/Lot 1489/37

Listing History

Event Date Price Change
Listed Jan 9, 2023 $425,000 -
Price Reduced Jul 20, 2023 $449,000 +5.6%

Description

INVESTOR FRIENDLY! BY APPT. ONLY! Welcome to apartment 1H at the fabulous Cherokee building! The building is one of a kind with its unique pre-war charm and is infused with an elegant European ambiance. In the heart of the Upper East Side, the building allows immediate sublets, and the low maintenance includes utilities such as gas and electricity, heat, hot water, real estate taxes, and the upkeep of the building, making this apartment a must have. Newly redecorated in 2020 by a NY interior designer, the apartment has been updated with hardwood floors. The living room and open kitchen feature white Carrara marble countertops, whitewashed brickwork, and stainless steel appliances including a microwave. The bedroom features high ceilings, and a Juliette balcony overlooking the interior charm of the courtyard. ( The seller is willing to throw in the furniture available at the time) The architecturally magnificent Cherokee boasts a grand entryway, landscaped courtyards, and open stairways. The gated building sits on a beautiful tree-lined block and is just steps away from John Jay Park, restaurants, grocery stores, and the Second Ave. subway line. The building is well maintained and has a live-in super, a video intercom system, bike and storage rooms, and a brand new laundry room. Pied-a-Terre, parents buying for their children, co-purchasing and investors are all allowed. Unlimited sublet from day ONE. Pets are welcome.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area New Windows

Exterior Features

Building Courtyard Juliet Balcony

Building Information

Financial Details

Maintenance $1,004/mo
Sale Price $425,000
Previous Price $449,000

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its low-traffic, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.

Upper East Side Live Market Data

View Neighborhood

Active Listings

335

Median Asking Price

$1.70M

Median $/Sqft

$1,585

Avg Days on Market

N/A

New This Week

21

Price Reduced

30%

Sold (30 Days)

34

Median Sale Price

$1.50M

Live data from RLS at REBNY • Updated 5/1/26, 5:45 AM EST

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Location

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516 E 78th Street #1-H, Upper East Side, New York County • Near York Avenue/Cherokee Place

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1925
Year Built
101 years old
2
Floors
2
Residential Units
R6B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $85,920
Land Value: $12,420
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,592 SF
Building Area: 2,360 SF
Built FAR: 1.48
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,004 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1912, making it approximately 114 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10868454
First Listed: 1/9/2023
Price Changed: 7/20/2023
Closed: 7/20/2023
Contract Date: 1/9/2023

Listing Courtesy of Compass - shimaa anwar

Listing Contact: (917) 635-9301

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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/1/2026 at 9:45 AM UTC

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