12 days on rocket

501 E 79th St Unit 8C, New York City, NY, 10075

$1,565,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,450 SqFt
$1,079/SqFt
Condo
Schools Nearby

Location

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501 E 79th St Unit 8C, New York$1,565,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
Year Built1959
MLS #RPLU-33422988724
StatusActive

About 501 E 79th St Unit 8C

This sun-drenched co-op, expertly reimagined by an architect to maximize space and style, offers a rare chance to own a thoughtfully designed Upper East Side residence. Spread across approximately 1,450 sq. ft., this 2-bedroom, 2-bathroom apartment features oversized windows, abundant closet space, and high-quality hardwood floors, updating the original parquet with a contemporary touch.<br><br>An expansive and inviting foyer, equipped with a large coat closet, opens into a spacious living area and two separate dining areas. Adjacent to the dining spaces, the kitchen has been completely redesigned to include a peninsula with counter stool seating, stylish cabinetry, and new stainless appliances, ensuring ample countertop and cabinet storage. A unique addition to the layout is a sizable laundry room. This space is not only equipped with a fill sized stackable washer/dryer but also offers extensive storage capabilities.<br><br>The primary bedroom is a spacious retreat, featuring a walk-in closet that leads to a chic ensuite full bathroom with an oversized shower and a large storage cabinet with a countertop. The second bedroom is also generously sized, featuring a private walk-in closet and convenient access to the apartment's second, attractively updated full bathroom, completing this beautifully updated home.<br><br>501 East 79th Street is a co-op with a full-time doorman, a live-in super, a tremendous roof top deck, common laundry, on-site parking, and bicycle storage. The residence has extremely low maintenance that includes all utilities. Pied-a-terre are welcome. Pet friendly as well.<br><br><p>Recently, 501 East 79th Street underwent a stunning transformation, with a comprehensive renovation of its facade, lobby, elevators, and rooftop deck. Originally constructed as a co-op in 1959, it now stands as one of the most exquisite post-war buildings in the vicinity. Designed with a focus on spaciousness and elegance, the developer enhanced room sizes and layouts, ensuring fewer apartments per floor, catering to buyers rather than renters.<span>Maintaining its distinction as a 100% owner-occupied building, this co-op also possesses the commercial space below, contributing significantly to its income stream. Shareholders benefit from reasonable maintenance fees, which cover all utilities, including electricity, making it an attractive and financially sound investment.</span></p>Nestled in the serene residential enclave of Yorkville on the Upper East Side, this co-op is just steps away from John Jay and Carl Schurz Parks. Explore a myriad of dining, shopping, and entertainment options along 1st and 2nd Avenues, with easy access to public transit via the nearby Q and 6 trains for seamless commuting. Central Park is a mere 15-minute stroll away.<br><div><p> </p></div>

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Living Area: 1,450 SqFt

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Lora Sappenfield
  • Agent Phone: (646) 342-5146

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Building Roof Deck, None

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,565,000
  • Price Per SqFt: $1,079/SqFt

HOA Fees:

  • Amount: $2121
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$849.1K

Med. Price/SqFt

$639

Avg. Days On Market

96

# of Sold Homes

1674

501 E 79th St Unit 8C vs New York

12 DAYS ON ROCKET

-84 Days

$1,565,000

+$715.8K More

$1,079/SqFt

+$439 More

KEY TAKEAWAY

This property is $715.8K more than the Median Sold Price and $439/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-33422988724

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Lora Sappenfield
  • Agent Phone: (646) 342-5146

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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/19/2024, 3:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$9,999

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,758

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3615285
7
/10
  • PS 158 Baylard Taylor

  • 1458 York Ave

  • 0.09 miles

  • Public District Grades PK-5

school-card-donut-3615286
10
/10
  • PS 290 Manhattan New School

  • 311 E 82nd St

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-3615287
6
/10
  • Yorkville Community School

  • 421 E 88th St

  • 0.47 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $145,021. The most common annual income of people living in New York, NY is $200k+. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 E 79th St Unit 8C

What is the listing price of this property?

The listing price of 501 E 79th St Unit 8C property is $1,565,000.

What type of property is this?

The property 501 E 79th St Unit 8C is a condo located in New York City, New York, 10075.

Is this property for sale now?

Active Listing: 501 E 79th St Unit 8C is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 501 E 79th St Unit 8C has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 501 E 79th St Unit 8C is 1,450 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 E 79th St Unit 8C is 1959.

Rocket HomesNew YorkNew York10075501 E 79th St Unit 8C

This home is located at 501 E 79th St Unit 8C in New York City, NY and zip code 10075 in the Upper East Side neighborhood. This 1,450 square foot home was built in 1959. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 06, 2024 and is currently priced at $1,565,000.

Over 168 listings were sold over their listed price in April 2024 in New York, NY. In the same period over 748 listings were sold below the listed price and 758 listings were sold for the listed price. Between March 2024 and April 2024, New York, NY real estate market has seen increase in the number of listings by 3.8%. While the average time on the market in April 2024 was 96 days, the median list price was $849,191.

From Rocket Homes Real Estate and based on county public records data.

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