Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,167,500

· Closed May 15, 2023

501 E 79TH Street #4CD
Closed For Sale Co-op

$2,167,500

501 E 79TH Street #4CD

Upper East Side, Manhattan

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MLS® #RLS10849494

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

4

Bedrooms

4

Baths

N/A

Sq. Ft.

1959

Year Built

Quick Summary

Bedrooms 4
Bathrooms 4
Year Built 1959
Ownership Co-op
Maintenance $3,688/mo
Parking Garage
Neighborhood Upper East Side
Floor 4 of 20

Property Highlights

  • Exposure: West facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 8
Baths 4 Full
Floor 4 of 20
Exposure West
Pets Yes
Cross Street YORK AVENUE and EAST END AVENUE
Year Built 1959
Parking Garage Available
Parcel # 1576-0001-00501-000-00004CD

Listing History

Event Date Price Change
Listed Jul 8, 2022 $3,200,000 -
Price Reduced May 23, 2023 $2,500,000 -21.9%
Currently May 2, 2026 $2,167,500 -13.3%

Description

Fantastic space, low maintenance, elegant co-op, all make for a fantastic choice when looking for a large home in the city (approximately 2800sf). Enjoy four large bedrooms, four full baths, in-unit washer/dryer, and a gracious, spacious entertaining space. The apartment has a spacious kitchen area with two sides, separated by an island with storage and counter space that can accommodate as many guests as you'd like for dinner. It was renovated about 15 years ago with granite, wood cabinets and stainless steel appliances and is still in excellent condition. All four baths were renovated as well, some newer than others, but all done very tastefully, and in excellent condition. The apartment has parquet hardwood floors throughout, pristinely kept, an abundance of closets, and a wall of western windows, bringing in lovely light all day to all of the rooms. There's a huge formal dining room, with lots of storage for entertaining, which leads into the living room, allowing for gracious entertaining when your guests adjourn from dining to the comfortable living room, which is grand. It's actually almost the size of two living rooms! Every bedroom in this home is spacious, no one could complain about their bedroom being too small!

501 East 79th Street was built in 1959 as a co-op. It was never a rental building, and therefore was built in mind to lure buyers over from Park and Fifth Avenue, which at that time had the majority of cooperatives. Most buildings further east at that time were rentals. Because of that, the developers made the room size more gracious, the layouts more interesting, and had few apartments per floor. The building also always has commercial space below, which allows for very reasonable maintenance, plus all utilities, including electric are included.

The building has recently completed a magnificent renovation of the entire faade, lobby, elevators and roof-deck. It is now one of the most beautiful post-war buildings in the area. Everything was done with the finest taste in the finest materials. People pass the building in the neighborhood and are impressed and jealous! They pass the lobby and say "you really kicked it out of the park". The building has a 24-hour concierge, live-in superintendent, bike room, and central laundry. It also has a private garage that accommodates about 25 cars with a waiting list, but there are many 24-hour garages on the block. It is pet friendly, and allows pied-a-terres with Board approval. There is currently an assessment of $1,051.88, however that ends in less than a year, and was specifically targeted for the beautiful renovation of the building. The location is very desirable, it's on a wide residential block of Yorkville, but close to anything you could possible want - great schools, public transportation, restaurants, fantastic food markets and supermarkets, pharmacies, the best parks, a library and post office all literally minutes away. No flip tax

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Maintenance $3,688/mo
Original Price $3,200,000
Sale Price $2,167,500
Previous Price $2,500,000

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

339

Median Asking Price

$1.67M

Median $/Sqft

$1,534

Avg Days on Market

N/A

New This Week

29

Price Reduced

30%

Sold (30 Days)

37

Median Sale Price

$1.52M

Live data from RLS at REBNY • Updated 5/2/26, 9:05 AM EST

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Location

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501 E 79TH Street #4CD, Upper East Side, New York County • Near YORK AVENUE and EAST END AVENUE

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1960
Year Built
66 years old
20
Floors
112
Residential Units
R10A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $22,741,650
Land Value: $3,811,500
Exemptions: $231,628

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

Lot Area: 15,451 SF
Building Area: 206,079 SF
Built FAR: 13.34
Allowed FAR: 10

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 $3,688 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 4 bedrooms and 4 full bathrooms.

According to MLS records, the building was constructed in 1959, making it approximately 67 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: RLS10849494
First Listed: 7/8/2022
Price Changed: 5/23/2023
Closed: 5/15/2023
Contract Date: 7/8/2022

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Karen Wigdor

Listing Contact: (212) 381-3207

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 5/2/2026 at 1:05 PM UTC

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