Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
516 E 78TH Street #4D

For Sale · Listing by Douglas Elliman Real Estate

516 E 78TH Street #4D

Lenox Hill, Manhattan

$489,000

Interested in this property?
Active For Sale Co-op

$489,000

516 E 78TH Street #4D

Lenox Hill, Manhattan

The Cherokee

MLS® #RLS20107500

RLS at REBNY

Listing by Douglas Elliman Real Estate

2
Bedrooms
1
Bath
N/A
Sq. Ft.
1911
Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Year Built 1911
Ownership Co-op
Maintenance $1,442/mo
Neighborhood Lenox Hill
Floor 4 of 6

Property Highlights

  • Style: WalkUp architecture
  • Character: Pre-war building (1911)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 4 of 6
Pets Yes
Year Built 1911
Architectural Style WalkUp
Basement Other
Parcel # 1489-0037-00516-000-000004D
Block/Lot 01489/0037

Listing History

Event Date Price Change
Listed Aug 4, 2026 $489,000 -
Currently Aug 6, 2026 $489,000 -

Description

RENOVATED PREWAR CHARM WITH PRIVATE TERRACE Welcome to Residence 4D at 516 East 78th Street, a beautifully renovated home 2 terraces, ideally located within The Cherokee, one of the Upper East Side's most iconic landmarked prewar cooperatives. Freshly painted and thoughtfully updated, this charming residence seamlessly blends classic prewar character with modern conveniences. The expanded kitchen has been renovated to offer generous counter space, abundant cabinetry, and a highly functional layout for everyday living and entertaining. Currently configured as a two-bedroom, the apartment can easily be reconfigured to an oversized one-bedroom with a spacious home office, providing flexibility to suit a variety of lifestyles. Both the living room and tranquil bedroom open directly onto private terraces-an uncommon and highly desirable outdoor retreat that's perfect for morning coffee, dining al fresco, or simply unwinding in the heart of the city. A washer and dryer are also included for added convenience. Designed by renowned architect Henry Atterbury Smith, The Cherokee is celebrated for its distinctive Beaux-Arts architecture, landscaped courtyards, and rich history. The cooperative offers exceptional flexibility, permitting pied-à-terre ownership, co-purchasing, guarantors, gifting, parents purchasing for children, and subletting. Pets are welcome. Residents enjoy a live-in superintendent, laundry facilities, package room, bike storage, additional storage, and beautifully maintained common courtyards. Perfectly positioned between York Avenue and the East River, the building is just moments from Carl Schurz Park, the East River Esplanade, neighborhood restaurants, shopping, and convenient transportation. Please note that Residence 4D is located on the fourth floor of a classic prewar walk-up, offering charm, privacy, and a rewarding lifestyle in one of the Upper East Side's most treasured cooperatives. A rare opportunity to own a renovated Upper East Side home with private outdoor space, timeless architectural character, and an exceptional location.

Features & Amenities

Interior Features

Building In Basement

Exterior Features

Building Courtyard

Building Amenities

Bike Storage

Building Information

Financial Details

Maintenance $1,442/mo

Lenox Hill occupies a residential section of the Upper East Side, defined by proximity to Central Park, major medical institutions (Memorial Sloan Kettering, Weill Cornell, Lenox Hill Hospital), and the Madison Avenue retail corridor. Housing stock ranges from large pre-war cooperatives to modern condominiums with East River and skyline views.

Lenox Hill Live Market Data

View Neighborhood

Active Listings

468

Median Asking Price

$1.52M

Median $/Sqft

$1,637

Avg Days on Market

N/A

New This Week

16

Price Reduced

45%

Sold (30 Days)

5

Median Sale Price

$2.26M

Live data from RLS at REBNY • Updated 8/6/26, 12:51 PM EST

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Location

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516 E 78TH Street #4D, Lenox Hill, 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 $1,442 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 2 bedrooms 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 Milton Coste for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.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: RLS20107500
First Listed: 8/4/2026
On Market: 8/4/2026
Price Changed: 8/4/2026
Contract Date: 8/4/2026

Listing Courtesy of Douglas Elliman Real Estate - Ann Marie Folan

Listing Contact: -

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 8/6/2026 at 4:51 PM UTC

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Lenox Hill Market Update

5 sales last 30 days · $1.52M median · 93.6 months supply

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New listings in this building

Quick Facts

Status Active Type Co-op Neighborhood Lenox Hill Borough Manhattan
County New York
Floor 4 of 6
Year Built 1911
First Listed 8/4/2026
Style WalkUp
Maintenance $1,442/mo

Monthly Costs Estimate

Down Payment 20%

$97,800

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $1,442
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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