Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $560,000

· Closed December 18, 2023

78 W 85th Street #5C
Closed For Sale Condo

$560,000

$1,279 per sq ft

78 W 85th Street #5C

Upper West Side, Manhattan

MLS® #RLS10945475

RLS at REBNY

Listing by Compass

Studio

1

Bath

438

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 438 sq ft
Year Built 1900
Ownership Condo
HOA/Common Charges $405/mo
Property Taxes $7,164/yr
Neighborhood Upper West Side
Floor 5 of 7

Property Highlights

  • Exposure: West facing
  • Character: Pre-war building (1900)

Property Details

Type Condo
Ownership Condominium
Total Rooms 2
Baths 1 Full
Floor 5 of 7
Exposure West
Pets CatsOk, DogsOk
Year Built 1900
Living Area 438 sq ft
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Parcel # 1198-1147
Block/Lot 01198/1147

Listing History

Event Date Price Change
Listed Sep 8, 2023 $585,000 -
Currently May 2, 2026 $560,000 -4.3%

Description

This Prewar Condominium Alcove Studio Makes a Lucrative Investment Property! Nestled on a pretty tree-lined park block and bursting with prewar character and charm, this fully renovated, loft-like, condo features bright, unobstructed western views, exposed brick, high 10-foot ceilings, incredibly LOW common charges and taxes, and makes a perfect home or lucrative investment. The boutique "Iris Condominium" was built around 1900 with 52 units, and features an elegant mahogany lobby, elevator, live-in super, and laundry in the building. Dogs not permitted. Furniture is virtually staged. Apartment Features: - Renovated kitchen with quartz countertops, undermount sink, subway tile backsplash, stainless steel range and hood, full-size fridge, and microwave - Exposed brick exudes character & charm - Flexible layout easily accommodates a Queen or King size bed; Ample Living Area; Additional Dining Alcove or Home Office adjacent to Kitchen - Hardwood floors throughout - Bright Western exposure with open city views - Loft-like 10-foot ceilings - Through-wall Air Conditioning - Lovely Crown Molding Building Features: - Elevator - Laundry in basement - Live-in super - Near to transportation (86th St B/C station is at the end of the block; #1 train just a few minutes' walk away at Broadway; 86th St Crosstown Buses are a block away) - Central Park access right at the end of your street! - Gristedes supermarket is directly across the street, with Trader Joes, Fairway, Zabar’s, and Whole Foods all within a few minutes walk and the best Upper West Side restaurants and bars right at your doorstep!

Features & Amenities

Interior Features

Crown Molding High Ceilings Common On Floor Common Area Flooring: Hardwood

Building Information

Building Data View Compliance & Permits
Total Units 52
Stories 7
Structure HighRise

Financial Details

Common Charges $405/mo
RE Taxes $7,164/yr ($597/mo)
Original Price $585,000
Sale Price $560,000
Previous Price $585,000

The Upper West Side (UWS) is celebrated for its cultural richness and architectural grandeur. Set between Central Park and Riverside Park, the neighborhood provides direct access to green space within the urban grid. Residents enjoy easy access to Lincoln Center, the American Museum of Natural History, and a popular culinary scene. The real estate landscape is famous for its historic brownstones and iconic 'white-glove' apartment buildings along Central Park West and Riverside Drive.

Upper West Side Live Market Data

View Neighborhood

Active Listings

580

Median Asking Price

$2.00M

Median $/Sqft

$1,657

Avg Days on Market

N/A

New This Week

29

Price Reduced

24%

Sold (30 Days)

80

Median Sale Price

$1.80M

Live data from RLS at REBNY • Updated 5/2/26, 3:27 PM EST

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Location

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78 W 85th Street #5C, Upper West 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
R4-1
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $63,240
Land Value: $18,120
Exemptions: $0

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

Lot Area: 2,667 SF
Building Area: 2,208 SF
Built FAR: 0.83
Allowed FAR: 1

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 common charges are $405 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $7,164, or roughly $597 per month. Verify the current assessment with your attorney before closing.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 438 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1900, making it approximately 126 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

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

At the current list price of $560,000 for 438 sq ft, the asking price per square foot is approximately $1,279. This figure is for reference only and may differ from appraised or assessed values.

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: RLS10945475
First Listed: 10/26/2023
On Market: 9/8/2023
Price Changed: 4/1/2024
Closed: 12/18/2023
Contract Date: 8/29/2023

Listing Courtesy of Compass - Bahar Tavakolian

Listing Contact: (917) 297-7067

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 7:27 PM UTC

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