Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $390,000

· Closed October 16, 2023

505 E 79TH Street #14E
Closed For Sale Co-op

$390,000

505 E 79TH Street #14E

Upper East Side, Manhattan

EAST RIVER HOUSE

MLS® #RLS10900483

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

Studio

1

Bath

N/A

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1963
Ownership Co-op
Maintenance $1,278/mo
Parking Garage
Neighborhood Upper East Side
Floor 14 of 19

Property Highlights

  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 14 of 19
Pets Yes
Cross Street YORK & EEA
Year Built 1963
Parking Garage Available

Listing History

Event Date Price Change
Listed May 30, 2023 $385,000 -
Currently Apr 30, 2026 $390,000 +1.3%

Description

SIZE, LOCATION, QUALITY BUILDING, AND PRICE!!!
This apartment offers all of the above! Welcome to an alcove studio that easily converts to a Junior 1 bedroom. The kitchen and bath are in original condition and need updating, but once they are renovated, you'll have a spectacular home. The apartment's dimensions are very generous allowing you to have a huge entertaining space and dining in your 30' long living room, and the 12'x8.5" alcove can accommodate a queen-size bed plus furniture. You also will enjoy excellent closet space, 2 closets at the entry way, and 2 closets within the alcove, and hardwood floors throughout.

Perched on a high floor facing north, you will enjoy a quiet apartment as well as an open sky giving you natural light and sunshine. Located on lovely tree-lined 79th Street on the Upper East Side, this elegant co-op has recently had many upgrades (with no assessments!). The building has a BRAND NEW LOBBY, NEW COMMON HALLWAYS, NEW BOILER, NEW ELEVATORS, NEW LAUNDRY ROOM, & NEW INTERCOM SYSTEM. Sorry, no pied-a-terres allowed, but the Board is amenable to gifting, guarantors, and co-purchasing with Board approval. This pet-friendly, well managed and well-maintained building offers a 24 hour doorman, a 24-hour attended garage, live-in super, and central air-conditioning. It has excellent financials and a healthy reserve. The location is extremely convenient offering restaurants and cafes, shopping, public transportation (Q and F subway, M31, M79 bus), a library, post office, excellent food markets all just down the block!

Building Information

Financial Details

Maintenance $1,278/mo
Original Price $385,000
Sale Price $390,000
Previous Price $385,000

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

352

Median Asking Price

$1.61M

Median $/Sqft

$1,585

Avg Days on Market

N/A

New This Week

24

Price Reduced

30%

Sold (30 Days)

33

Median Sale Price

$1.50M

Live data from RLS at REBNY • Updated 4/30/26, 6:42 AM EST

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Location

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505 E 79TH Street #14E, Upper East Side, New York County • Near YORK & EEA

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1963
Year Built
63 years old
19
Floors
209
Residential Units
R10A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $24,193,800
Land Value: $3,910,500
Exemptions: $128,920

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

Lot Area: 21,930 SF
Building Area: 260,000 SF
Built FAR: 11.86
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 $1,278 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1963, making it approximately 63 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: RLS10900483
First Listed: 5/30/2023
Price Changed: 10/17/2023
Closed: 10/16/2023
Contract Date: 5/30/2023

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 4/30/2026 at 10:42 AM UTC

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