Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
516 E 78TH Street #4C
Interested in this property?
Active For Sale Co-op

$525,000

516 E 78TH Street #4C

Lenox Hill, Manhattan

MLS® #RLS20092966

RLS at REBNY

Listing by Serhant

Open House Scheduled

Sunday, May 24 • 10:00 AM – 11:00 AM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

2

Bedrooms

1

Bath

N/A

Sq. Ft.

1911

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Year Built 1911
Ownership Co-op
Maintenance $1,376/mo
Neighborhood Lenox Hill
Floor 4 of 6

Property Highlights

  • Views: City Lights, City, River
  • Exposure: North facing
  • Outdoor Space: None, Balcony

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 4 of 6
View City Lights, City, River
Exposure North
Cooling Other
Pets Yes
Year Built 1911
Architectural Style WalkUp
Basement Other
Parcel # 1489-0037-00516-000-000004C
Block/Lot 01489/0037

Listing History

Event Date Price Change
Listed May 22, 2026 $525,000 -
Currently May 22, 2026 $525,000 -

Description

Set within one of the Upper East Side's most architecturally distinctive landmark buildings, this bright 2-bedroom, 2 private outdoor spaces residence at The Cherokee offers an exceptional opportunity for first-time buyers, professionals, investors, and pied-à-terre seekers alike. Monthly maintenance is just $1,376 - an exceptionally low figure that already includes gas and electricity, making this an outstanding value in today's market.

Bathed in natural light, the apartment features dramatic floor-to-ceiling windows, rich hardwood floors, and original details that speak to the building's storied 1909 Beaux-Arts heritage. Both bedrooms enjoy generous light and each opens onto its own private balcony - a rare double feature in this price range. The kitchen is functional with gas range and ample cabinetry. Freshly painted and move-in ready.

Located directly across from John Jay Park and the East River Esplanade in Lenox Hill, The Cherokee is a landmark building comprised of four elegant courtyard buildings with richly detailed architecture. The building is extremely well-managed with strong financials, a live-in superintendent, attentive staff, central laundry, bike storage, and a package room.

Investor-friendly: the apartment can be rented from day one of ownership. The building also welcomes parents purchasing for children, co-purchasing, guarantors, and pied-à-terres, with a flexible sublet policy. Pet-friendly.

Superb transportation access with the 4/5/6 express trains at 77th Street and the Q train at 72nd Street just moments away.

Contact us today to schedule a private showing.

Features & Amenities

Interior Features

High Ceilings Building In Basement

Exterior Features

Building Courtyard Balcony Private Outdoor Space Under60 Sqft None Balcony

Building Amenities

Bike Storage

Building Information

Financial Details

Maintenance $1,376/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

634

Median Asking Price

$1.66M

Median $/Sqft

$1,453

Avg Days on Market

N/A

New This Week

31

Price Reduced

31%

Sold (30 Days)

24

Median Sale Price

$1.15M

Live data from RLS at REBNY • Updated 5/22/26, 7:07 PM EST

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Location

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516 E 78TH Street #4C, 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 $1,376 per month. Confirm the exact amount with the listing broker 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 the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. 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: RLS20092966
First Listed: 5/22/2026
On Market: 5/22/2026
Price Changed: 5/22/2026
Contract Date: 5/22/2026

Listing Courtesy of Serhant - Nile Lundgren

Listing Contact: (917) 453-4526

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 5/22/2026 at 11:07 PM UTC

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