<p>Welcome to Apartment 5L at 505 East 79th Street, a sunny 2-bedroom, 2-bath home with private outdoor space in a full-service co-op. This lovely residence features a split-bedroom layout, a welcoming entryway, extensive built-ins, a separate dining alcove, ample closets, and gracious room proportions. The entire apartment is south-facing, overlooking a quiet section of wide 79th Street. </p> <p>The living room showcases a full wall of elegant custom built-ins. The private balcony is large enough to enjoy a morning cup of coffee with seating. The kitchen boasts granite countertops and appliances from SubZero, Bosch, and others. The custom cabinetry has been thoughtfully designed for maximum storage. The dining area includes a built-in banquette, making excellent use of space. </p> <p>The primary bedroom is spacious enough for large furniture and offers ample closet space. The renovated ensuite bathroom features Kohler fixtures and a glass-enclosed stall shower. The second bedroom is also spacious and south-facing, featuring a wall of closets. The second renovated bathroom, located off a hallway with plenty of deep closets, is outfitted with Kohler fixtures and has a bathtub. </p><p> </p><p> Washer/dryer is permitted to be installed with board approval.</p><p> </p><p> East River House is a well-established co-op that permits guarantors, gifting, pets (dogs under 35 lbs), and subletting with board approval. 75% maximum financing is allowed. Building amenities include a 24-hour doorman, live-in superintendent, laundry room, and 24-hour attended garage (subject to availability). There is a building-wide assessment for the replacement of the building's chiller, which has been paid in full by the seller.</p>
Property Details
Property Features
Property Information:
Year Built: 1962
Listing Office:
Office Name: Coldwell Banker Warburg
Office Phone: (212) 439-4500
Listing Agent: June Gottlieb
Agent Phone: (917) 826-9996
Interior Features
Interior Information:
Basement: No
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 2
Exterior Features
Exterior Information:
View: River
Exterior: Balcony
Utilities
Utilities Information:
Cooling: Other
Price Information
Listing Price Info
Price Summary:
List Price: $1,299,000
HOA Fees:
Amount: $3080
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New York, NY.
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: 11/21/2024, 9:20:50 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$9,631
Per Month
Principal & Interest
$6,484
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$3,080
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,961
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
P.S. 158 Bayard Taylor School
1458 York Ave
Distance between this listing and this school0.09 miles
Public District Grades KG-6
9
/10
P.S. 290 Manhattan New School
311 E 82nd St
Distance between this listing and this school0.33 miles
Public District Grades KG-5
6
/10
Yorkville Community School
421 E 88th St
Distance between this listing and this school0.48 miles
Public District Grades PK-5
Nearby Schools
9
/10
Yorkville East Middle School
1458 York Ave
Distance between this listing and this school0.09 miles
Public District Grades 6-8
8
/10
J.H.S. 167 Robert F. Wagner School
220 E 76th St
Distance between this listing and this school0.46 miles
Public District Grades 6-8
7
/10
P.S./I.S. 217 Roosevelt Island School
645 Main St
Distance between this listing and this school0.52 miles
Public District Grades PK-8
Nearby Schools
8
/10
Eleanor Roosevelt High School
411 E 76th St
Distance between this listing and this school0.21 miles
Public District Grades 9-12
3
/10
Manhattan International High School
317 E 67th St
Distance between this listing and this school0.66 miles
Public District Grades 9-12
2
/10
Urban Academy Laboratory High School
317 E 67th St
Distance between this listing and this school0.66 miles
The neighbors living near this home have an average income of $145,021. Residents of New York, NY typically earn $200k+ each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 505 E 79th St Unit 5L
What is the listing price of this property?
The listing price of 505 E 79th St Unit 5L property is $1,299,000.
What type of property is this?
The property 505 E 79th St Unit 5L is a condo located in New York City, New York, 10075.
Is this property for sale now?
Active Listing: 505 E 79th St Unit 5L is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 505 E 79th St Unit 5L has 2 bedrooms and 2 bathrooms.
Which year was this property built?
The year of construction for 505 E 79th St Unit 5L is 1962.
This home is located at 505 E 79th St Unit 5L in New York City, NY and zip code 10075 in the Upper East Side neighborhood. This home was built in 1962. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $1,299,000.
In October 2024 more than 269 listings in New York, NY were sold above the asking price. During the same period more than 850 listings were sold at asking price, while more than 833 were sold below. The inventory of homes for sale in New York, NY between September 2024 and October 2024 increased by 1.8%. In October 2024 median list price was $856,124 and the average listing age was 84 days.
From Rocket Homes Real Estate and based on county public records data.