Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $594,000

· Closed December 23, 2024

516 E 78th Street #5J
Closed For Sale Co-op

$594,000

516 E 78th Street #5J

Upper East Side, Manhattan

MLS® #RLS11000300

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1910
Ownership Co-op
Maintenance $1,650/mo
Neighborhood Upper East Side
Floor 5 of 6

Property Highlights

  • Style: WalkUp architecture
  • Climate Control: Other
  • Character: Pre-war building (1910)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 5 of 6
Cooling Other
Pets Yes, CatsOk, DogsOk
Year Built 1910
Architectural Style WalkUp
Furnished Unfurnished
Parcel # 1489-0037-00516-000-000005J
Block/Lot 00000/0000

Listing History

Event Date Price Change
Listed Aug 13, 2024 $550,000 -
Currently Apr 27, 2026 $594,000 +8.0%

Description

Fall in love with timeless beauty at The Cherokee The moment you step into this turnkey 1BR you will notice the fabulous sunlight, pre war details, and timeless beauty that make this apartment so unique! From the arched doorway to the multiple exposures, the high ceilings and the floor to ceiling triple sashed windows – there are many details that will make living at The Cherokee just special. There is a separate eat-in kitchen with a beautiful sunny east exposure and access to one of the two private balconies adorning this unit. The kitchen has been nicely renovated with stainless steel appliances, subway tiles, and Corian counter-tops. There is ample cabinet storage as well as a built in pantry. The living-room is bright and sunny with the same triple sashed oversized floor to ceiling window, and access to the second, larger balcony. The bedroom is literally “fit for a king” sized bed. There are three windows, two exposures (south and east) and ample closet space. Take one step in and you will fall in love! Floorplan coming soon. Washer/Dryer can be added to the apartment, but there is a central laundry room for your convenience. The neighborhood is unparalleled. You will be directly across from John Jay Park (with public pools in the summertime) as well as the East River Walk. The surrounding streets are bucolic and peaceful, and the complex has a gated community feel, without feeling pretentious. There are fabulous restaurants, good access to public transportation, and a sense of community all New Yorkers crave. Originally constructed in 1909 The Cherokee composed of a remarkable series of 4 elegant courtyard buildings, focusing on natural lighting, ventilation, and beautifully detailed architecture. The cooperative is managed by an onsite/ live in super and offers a central laundry room, free bike room and a package room. This flexible cooperative allows parents purchasing, co-purchasing, guarantors, and immediate unlimited subletting. Monthly maintenance includes both Gas and Electric

Features & Amenities

Interior Features

Built In Features Eat In Kitchen High Ceilings Building Washer Dryer Install Allowed Common On Floor Common Area

Appliances

Dishwasher Gas Cooktop Gas Oven Refrigerator Range Hood Stainless Steel Appliances

Building Information

Building Data View Compliance & Permits
Total Units 96
Stories 6
Style WalkUp

Financial Details

Maintenance $1,650/mo
Original Price $550,000
Sale Price $594,000
Previous Price $550,000

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

340

Median Asking Price

$1.57M

Median $/Sqft

$1,560

Avg Days on Market

N/A

New This Week

25

Price Reduced

28%

Sold (30 Days)

32

Median Sale Price

$1.52M

Live data from RLS at REBNY • Updated 4/27/26, 12:53 AM EST

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Location

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516 E 78th Street #5J, Upper East Side, New York County

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 $1,650 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1910, making it approximately 116 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: RLS11000300
First Listed: 8/13/2024
On Market: 8/13/2024
Price Changed: 12/23/2024
Closed: 12/23/2024
Contract Date: 8/13/2024

Listing Courtesy of Compass - Janine Young

Listing Contact: (504) 710-6413

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 4/27/2026 at 4:53 AM UTC

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