Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $7,150,000

Listed at $7,495,000 · Sold 4.6% below asking · Closed June 26, 2019

408 E 79TH Street #PHB
Closed For Sale Condo

$7,495,000

408 E 79TH Street #PHB

Upper East Side, Manhattan

ARCADIA

MLS® #RLS10533399

RLS at REBNY

Listing by The Corcoran Group

5

Bedrooms

5.5

Baths

N/A

Sq. Ft.

2005

Year Built

Quick Summary

Bedrooms 5
Bathrooms 6 full, 1 half
Year Built 2005
Ownership Condo
HOA/Common Charges $5,234.59/mo
Property Taxes $71,876.4/yr
Neighborhood Upper East Side
Floor 21 of 20

Property Highlights

  • Views: City
  • Exposure: East,North,South facing
  • Outdoor Space: Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 9
Baths 5 Full, 1 Half
Floor 21 of 20
View City
Exposure East,North,South
Cooling Central Air
Pets Yes
Cross Street First Avenue & York Avenue
Year Built 2005

Listing History

Event Date Price Change
Listed Apr 12, 2019 $8,495,000 -
Currently Apr 27, 2026 $7,495,000 -11.8%

Description

Chic loft-like 5 bedroom/5.5 bath penthouse with an incredible 1,020 sqft private rooftop terrace. This 3,562 sqft home in the sky consists of three levels, and has soaring ceilings that range between 10 and 12 ft. Floor-to-ceiling windows offer spectacular open East, South and North city and river views. The enormous rooftop terrace is the perfect space for entertaining or relaxing, featuring a full new kitchen, irrigation system, and space to even entertain up to a 100 guests.The main level has an over-sized corner living room with a fireplace, top of the line kitchen with Subzero, Miele and Thermador appliances, and expansive formal dining room, powder room, and a 5th bedroom/library with an en-suite bath. The bedroom floor consists of 4 bedrooms each with an en-suite bath, and a laundry room with a vented washer/dryer. The master bedroom suite on this level features two walk-in closets, a charming Juliet balcony, and an enormous windowed corner master bathroom with heated floors and a new double vanity. Recent renovations include new doors, shades (remote operated in the living room, kitchen and master bath), lighting, terrace planters, the living room fireplace mantel, glass panels in the stairwell window bays, a Sonos sound system with wall speakers, and high-speed internet wiring. The Arcadia was built in 2005 and has undergone a recent transformation of the hallways, lobby, and amenity spaces. There is a 24-hour doorman and concierge, and the renovated amenities include a gym with a separate yoga/ballet studio, a playroom, a screening room and a Library/Entertainment Suite with catering kitchen. Transfer fee equal to 12 months Common Charges. *Taxes listed include a 17.5% primary residence tax abatement.

Features & Amenities

Interior Features

Separate Formal Dining Room Eat In Kitchen Building Washer Dryer Install Allowed Common Area

Exterior Features

Terrace

Building Information

Financial Details

Common Charges $5,234.59/mo
RE Taxes $71,876.4/yr ($5,990/mo)
Original Price $8,495,000
Sale Price $7,150,000

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

339

Median Asking Price

$1.57M

Median $/Sqft

$1,560

Avg Days on Market

N/A

New This Week

25

Price Reduced

28%

Sold (30 Days)

32

Median Sale Price

$1.52M

Live data from RLS at REBNY • Updated 4/27/26, 8:54 AM EST

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Location

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408 E 79TH Street #PHB, Upper East Side, New York County • Near First Avenue & York Avenue

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1927
Year Built
99 years old
6
Floors
131
Residential Units
R7B
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $5,991,750
Land Value: $488,700
Exemptions: $436,254

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

Lot Area: 31,025 SF
Building Area: 137,190 SF
Built FAR: 4.42
Allowed FAR: 3

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 $5,234.59 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $71,876.4, or roughly $5,990 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 5 full bathrooms and 1 half bathroom.

According to MLS records, the building was constructed in 2005, making it approximately 21 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.

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: RLS10533399
First Listed: 4/12/2019
Closed: 6/26/2019
Contract Date: 4/12/2019

Listing Courtesy of The Corcoran Group - Hilary Landis

Listing Contact: (917) 776-3218

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 4/27/2026 at 12:54 PM UTC

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