Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,485,000

Listed at $1,575,000 · Sold 5.7% below asking · Closed March 12, 2026

50 E 79th Street #5B
Closed For Sale Co-op

$1,575,000

50 E 79th Street #5B

Upper East Side, Manhattan

MLS® #RLS20053113

RLS at REBNY

Listing by Sothebys International Realty

2

Bedrooms

2

Baths

N/A

Sq. Ft.

1958

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Lot Size 15,050 sq ft
Year Built 1958
Ownership Co-op
Maintenance $3,070/mo
Parking Garage
Neighborhood Upper East Side
Floor 5 of 20

Property Highlights

  • Views: City
  • Exposure: West facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 2 Full
Floor 5 of 20
View City
Exposure West
Pets Yes
Year Built 1958
Parking Garage Available
Structure Type HighRise
Flooring Hardwood, Parquet
Lot Size 15,050 sq ft
Parcel # 1393-0052-00050-000-000005B
Block/Lot 01393/0052

Listing History

Event Date Price Change
Listed Oct 7, 2025 $1,635,000 -
Currently May 9, 2026 $1,575,000 -3.7%

Description

Discover the sophistication of Madison Avenue living in this beautifully appointed 2 bed, 2 bath residence. Currently configured with a gracious home office/sitting room as the second bedroom option, the flexible layout accommodates both sophisticated entertaining and private living. This sundrenched home is complete with hardwood floors, generous custom fitted closets and open western views onto Madison Avenue. A proper foyer with two large closets and a full bath sets the tone upon entry, leading into the expansive living and dining areas that frame open views directly onto Madison Avenue. Off the living room, designed with sleek pocket doors, is a private sitting room/office which can be used as a second bedroom. The windowed chef’s kitchen offers abundant counter space and custom cabinetry, ideal for both everyday living and entertaining. With a thoughtful layout and refined details throughout, this home offers the flexibility to adapt to your lifestyle while maintaining a sense of modern luxury. The spacious primary suite offers comfort and privacy, complemented by two large custom-fitted closets and an en-suite bath. Nestled in the Upper East Side, located a block from Central Park and steps to the Metropolitan Museum of Art, 50 East 79th Street embodies the best of Manhattan living. Surrounded by Madison Avenue’s world-class boutiques, acclaimed restaurants, renowned galleries, and cultural landmarks, this prestigious white-glove cooperative offers a lifestyle of sophistication and ease. Residents enjoy an array of refined amenities, including a 24-hour doorman, concierge, resident super, fitness center, bicycle storage, common laundry, and on-site parking garage. In-unit washer/dryers are permitted as well as pied-e-terres.

Features & Amenities

Interior Features

Common On Floor Common Area Laundry Room Flooring: Hardwood, Parquet

Building Amenities

Elevators

Appliances

Dishwasher

Building Information

Building Data View Compliance & Permits
Total Units 97
Stories 20
Structure HighRise

Financial Details

Maintenance $3,070/mo
Original Price $1,635,000
Sale Price $1,485,000
Previous Price $1,635,000

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

341

Median Asking Price

$1.80M

Median $/Sqft

$1,585

Avg Days on Market

N/A

New This Week

18

Price Reduced

28%

Sold (30 Days)

40

Median Sale Price

$1.59M

Live data from RLS at REBNY • Updated 5/9/26, 11:28 AM EST

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Location

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50 E 79th Street #5B, Upper East Side, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1930
Year Built
96 years old
2
Floors
1
Residential Units
R2
Zoning District
One Family Dwellings

Tax & Assessment

Assessed Value: $133,080
Land Value: $30,000
Exemptions: $0

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

Lot Area: 4,017 SF
Building Area: 1,938 SF
Built FAR: 0.48
Allowed FAR: 0.75

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 $3,070 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1958, making it approximately 68 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.

Pet policy requires confirmation with the listing broker.

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: RLS20053113
First Listed: 10/7/2025
On Market: 10/7/2025
Price Changed: 10/23/2025
Closed: 3/12/2026
Contract Date: 10/6/2025

Listing Courtesy of Sothebys International Realty - Marilyn A Blume

Listing Contact: (212) 606-7776

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 5/9/2026 at 3:28 PM UTC

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