8 days on rocket

508 E 78th St Unit 5D, New York City, NY, 10075

$500,000

Home List Price

$5,938*

Closing Credit

1 Bedroom
1 Full Bath
Condo

Location

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508 E 78th St Unit 5D, New York$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
ParkingElectric Gate
Year Built1910
ViewRiver
MLS #COMP-1708001626779642969
StatusActive

About 508 E 78th St Unit 5D

Simply gorgeous! 1BR/1BATH/2 BALCONIES This artfully designed one bedroom at the Cherokee offers a perfect blend of classic Pre War architectural elements and good taste. Inviting warmth greets you as you step inside with beautiful hardwood floors, and abundant natural light from two exposures. From the architectural interest and character of exposed brick, complemented by high ceilings, and sun from tall windows that enhance the sense of space, everything seems "just right." The living area feels airy and roomy with 2 built-in bookshelves as the perfect frame for your sofa and art work. The triple sashed, oversized windows are the central feature here. They open all the way up allowing you to step right out onto one of your two private balconies to enjoy stunning city and river views. You'll never want for natural sunlight or a breeze, with both northern and southern exposures ensuring an abundance of natural light and airflow throughout the day. The kitchen has been artfully designed to use every nook and cranny featuring a gas stove, a dishwasher and creative storage making meal preparation a breeze. The windowed bathroom has been tastefully updated, providing a serene retreat. Talk about views! Step out onto one of your two private balconies to unwind after a long day or enjoy your morning coffee, while looking out onto the East River watching the sunrise. You'll want to bring your own "touches" to personalize this place, but you'll agree it's really close to perfectly unique just the way it is. The Cherokee is a one of it's kind New York City treasure. Originally constructed in 1909 The Cherokee is composed of a remarkable series of 4 elegant courtyard buildings, focusing on natural lighting, ventilation, and beautifully detailed with fine materials unavailable to today's builders. The cooperative is managed by an onsite/ live in super and offers a central laundry room, free bike room and a package room and storage units are available for a nominal fee. This flexible cooperative allows parents purchasing, co-purchasing, guarantors, and immediate unlimited subletting. Monthly maintenance includes both Gas and Electric Note-Dishwasher can easily be replaced with Washer/Dryer combo: ask broker for details.

Property Details

Property Features

Property Information:

  • Architectural Style: Walk-Up
  • Year Built: 1910

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Janine Young
  • Agent Phone: (504) 710-6413

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Cooktop, Gas Oven
  • Flooring Type: Hardwood
  • Interior: Built-in Features, High Ceilings

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: River
  • Exterior: Balcony

Parking Information:

  • Attached Garage: No
  • Parking: Electric Gate

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000

HOA Fees:

  • Amount: $1271
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

508 E 78th St Unit 5D vs New York

8 DAYS ON ROCKET

-76 Days

$500,000

-$356.1K Less

KEY TAKEAWAY

This property is $356.1K less than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #COMP-1708001626779642969

Listing Office:

  • Office Name: Compass
  • Office Phone: (212) 913-9058
  • Listing Agent: Janine Young
  • Agent Phone: (504) 710-6413

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

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, 10:20:50 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

$3,834

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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-257517
9
/10
  • P.S. 158 Bayard Taylor School

  • 1458 York Ave

  • 0.04 miles

  • Public District Grades KG-6

school-card-donut-257518
9
/10
  • P.S. 290 Manhattan New School

  • 311 E 82nd St

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-257519
6
/10
  • Yorkville Community School

  • 421 E 88th St

  • 0.57 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,262. Residents of New York, NY typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 508 E 78th St Unit 5D

What is the listing price of this property?

The listing price of 508 E 78th St Unit 5D property is $500,000.

What type of property is this?

The property 508 E 78th St Unit 5D is a condo located in New York City, New York, 10075.

Is this property for sale now?

Active Listing: 508 E 78th St Unit 5D is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 508 E 78th St Unit 5D has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The sq. ft. of 508 E 78th St Unit 5D is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 508 E 78th St Unit 5D is 1910.

Rocket HomesNew YorkNew York10075508 E 78th St Unit 5D

This home is located at 508 E 78th St Unit 5D in New York City, NY and zip code 10075 in the Upper East Side neighborhood. This home was built in 1910. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $500,000.

While more than 269 listings in New York, NY in October 2024 were sold above asking price, there were more than 850 listings sold at asking price, and 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%. While the average time on the market in October 2024 was 84 days, the median list price was $856,124.

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

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