Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
516 E 78TH Street #3O
Closed For Sale Co-op

$475,000

516 E 78TH Street #3O

Upper East Side, Manhattan

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MLS® #RLS10857893

RLS at REBNY

Listing by Douglas Elliman Real Estate

1

Bedroom

1

Bath

N/A

Sq. Ft.

1911

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1911
Ownership Co-op
Maintenance $1,171/mo
Neighborhood Upper East Side
Floor 3 of 6

Property Highlights

  • Exposure: North facing
  • Outdoor Space: Balcony
  • Character: Pre-war building (1911)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 3 of 6
Exposure North
Pets Yes
Year Built 1911
Parcel # 1489-0037-00516-000-000003O

Listing History

Event Date Price Change
Listed Nov 30, 2021 $479,900 -
Currently May 10, 2026 $475,000 -1.0%

Description

GREAT INVESTMENT OPPORTUNITY. TENANT HAS LEASE UNTIL MAY 30, 2022.
Charming, fully furnished, one bedroom apartment with two private balconies, located three flights up in the Cherokee an iconic prewar, Beaux-Arts, landmarked coop building. This bright, fully renovated apartment features a washer/dryer, dishwasher, microwave a granite counter and plenty of cabinets in the wonderful open kitchen, great closets, beautiful hardwood floors, crown moldings throughout, three over-sized windows and two balconies facing a quiet tree-lined street. The apartment also features a built-in Murphy bed to add space and design as well as other furnishings which are lovely and functional, complete with a flat-screen TV. The bathroom is beautifully renovated with a clean modern design. The Cherokee is in close proximity to John Jay Park and the East River promenade. The building boasts a live-in super and central laundry room. There are great shops, restaurants and transportation nearby. A REAL GEM!

Features & Amenities

Exterior Features

Balcony Balcony

Appliances

Dryer Washer

Building Information

Financial Details

Maintenance $1,171/mo
Original Price $479,900
Sale Price $475,000
Previous Price $479,900

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

342

Median Asking Price

$1.82M

Median $/Sqft

$1,585

Avg Days on Market

N/A

New This Week

20

Price Reduced

29%

Sold (30 Days)

39

Median Sale Price

$1.59M

Live data from RLS at REBNY • Updated 5/10/26, 8:12 AM EST

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Location

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516 E 78TH Street #3O, Upper East Side, New York County

Floor Plans

Floor Plan 1

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 $1,171 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 1911, making it approximately 115 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: RLS10857893
First Listed: 11/30/2021
Price Changed: 5/6/2022
Closed: 5/3/2022
Contract Date: 11/17/2021

Listing Courtesy of Douglas Elliman Real Estate - Elka Heino

Listing Contact: (917) 270-1126

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 5/10/2026 at 12:12 PM UTC

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