Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
505 E 79th Street #7L
Interested in this property?
Active For Sale Co-op

$1,295,000

$1,036 per sq ft

505 E 79th Street #7L

Upper East Side, Manhattan

East River House

MLS® #RLS20024036

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

1,250

Sq. Ft.

1963

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,250 sq ft
Year Built 1963
Ownership Co-op
Maintenance $3,218/mo
Parking Garage
Neighborhood Upper East Side
Floor 7 of 19

Property Highlights

  • Views: City
  • Exposure: South facing
  • Outdoor Space: Balcony

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 7 of 19
View City
Exposure South
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 1963
Living Area 1,250 sq ft
Parking Garage Available
Parking Features Garage
Structure Type MultiFamily
Flooring Parquet
Furnished Unfurnished
Parcel # 1576-0005-00505-000-000007L
Block/Lot 01576/0005

Listing History

Event Date Price Change
Listed Mar 20, 2026 $1,350,000 -
Currently May 5, 2026 $1,295,000 -4.1%

Description

Discover this sun-filled classic Upper East Side 2-bedroom, 2-bathroom home with a south-facing balcony, offering the perfect blend of space, tranquility, and stunning craftsmanship, ideal for family living. The home features two generously sized split bedrooms, providing privacy, and a living room with an adjoining dining area that opens onto a spacious balcony. The low-rise, landmark-designated buildings across the broad, tree-lined street ensure beautiful sunny southern views and exposures. This elegantly designed residence boasts immaculate finishes, starting with a gracious foyer that leads to an expansive living room with a sizable dining area. The chef’s kitchen is impressive, equipped with custom cabinetry and top-tier stainless steel appliances, including a Sub-Zero refrigerator, a Wolf oven, a Miele dishwasher, a GE Profile microwave, a wine cooler, and marble countertops. The apartment is filled with natural light and features central air conditioning, large windows, and hardwood floors. It features two beautifully appointed full bathrooms, ample closets, and storage space. Washer/dryer installation is permitted on a case-by-case basis, subject to approval by the board. East River House is an elegant, well-established co-op with excellent financials, allowing guarantors, gifting, and co-purchasing options on a case-by-case basis, all subject to board approval. Pets are allowed with board approval. It also features a 24-hour attended garage (with a waiting list) and a wonderful superintendent and staff. Currently, there is an assessment of $203.25 to upgrade the chiller for the HVAC It will be much more efficient after the replacement. Local Law 11 is currently underway. East River House is conveniently located near public and private schools, Carl Schurz and John Jay Parks, the public library, and the post office. All your essential needs, such as D'Agostino's, Duane Reade, Chase Bank, Starbucks, and Agata & Valentina Fine Foods, are conveniently located nearby. Public transportation options are plentiful, with buses M31, M79, and Wall Street Taxi Share-a-Ride available at the corner of 79th Street and York Avenue, and subway access with the Q train at 83rd Street and 2nd Avenue, and the #6 train at 77th Street and Lexington. Some images are virtually enhanced with lighter furniture/furnishings.

Features & Amenities

Interior Features

Built In Features Walk In Closets Building Washer Dryer Install Allowed Common On Floor Common Area Flooring: Parquet

Exterior Features

Balcony Private Outdoor Space Over60 Sqft Balcony

Building Amenities

Bike Storage Elevators

Appliances

Dishwasher Gas Cooktop Stainless Steel Appliances Wine Cooler

Building Information

Building East River House
Building Data View Compliance & Permits
Total Units 209
Stories 19
Structure MultiFamily

Financial Details

Maintenance $3,218/mo
Original Price $1,350,000
Previous Price $1,350,000

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

334

Median Asking Price

$1.75M

Median $/Sqft

$1,497

Avg Days on Market

N/A

New This Week

18

Price Reduced

29%

Sold (30 Days)

39

Median Sale Price

$1.56M

Live data from RLS at REBNY • Updated 5/5/26, 5:03 PM EST

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Location

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505 E 79th Street #7L, Upper East Side, New York County

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 $3,218 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.

The listed interior living area is 1,250 square feet. Verify dimensions independently during due diligence.

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: Board approval required for pets. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,295,000 for 1,250 sq ft, the asking price per square foot is approximately $1,036. 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 [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: RLS20024036
First Listed: 5/15/2025
On Market: 3/20/2026
Price Changed: 3/20/2026
Contract Date: 5/12/2025

Listing Courtesy of Compass - Brenda Rau

Listing Contact: (813) 784-5408

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 5/5/2026 at 9:03 PM UTC

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