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516 E 78th St Unit 2J, New York City, NY, 10075

$575,000

Home List Price

$6,828*

Closing Credit

2 Bedrooms
1 Full Bath
Condo

Location

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516 E 78th St Unit 2J, New York$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
Year Built1911
ViewCity, River
MLS #RPLU-33423210749
StatusActive

About 516 E 78th St Unit 2J

<p>NEW TO THE MARKET: Oversized 1-Bedroom/Converted 2 in the Iconic Cherokee Building</p><p>Discover this stunning, oversized one-bedroom (converted to 2) in the Cherokee, a grand pre-war Beaux Arts landmark on the Upper East Side. Steeped in old-world charm, this building radiates elegant European ambiance. This highly coveted corner J line apartment, perched on the 2nd floor (walk-up), features floor-to-ceiling windows, high ceilings, and three beautiful balconies offering sweeping views of the East River and John Jay Park.</p><p>Flooded with natural daylight, this home invites you to relax and unwind on the balconies, enjoying the breeze and views over your morning coffee. With excellent closet space and three private balconies, this spacious unit is a perfect urban sanctuary.</p><p>Investor-friendly, this apartment can generate rental income or serve as your dream first home in the Upper East Side. Maintenance includes all utilities-gas, electricity, heat, and hot water-offering convenience and ease of living.</p><p>The Cherokee also offers desirable amenities such as:</p><p>A live-in super</p><p>Video intercom system and overnight security</p><p>Bicycle room and central storage room</p><p>A landscaped courtyard and a newly updated laundry room</p><p>Located steps away from John Jay Park and the East River promenade, you'll enjoy easy access to outdoor spaces, plus a vibrant dining scene nearby. Popular spots like Quality Eats, Uva Wine Bar, Penrose, and newcomers like Thep and Mission Ceviche make this area a foodie's paradise. Enjoy fresh gourmet shopping at Citarella, Agata & Valentina, Whole Foods, and the newly renovated Gracie's.</p><p>The apartment is currently tenant-occupied until March. Don't miss this rare opportunity!</p>

Property Details

Property Features

Property Information:

  • Architectural Style: Walk-Up
  • Year Built: 1911

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: IGNAZIO LEONE
  • Agent Phone: (917) 882-4714

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: City, River
  • Exterior: Building Courtyard, Balcony

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000

HOA Fees:

  • Amount: $1711
  • Frequency: Monthly
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Housing Market Comparison

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

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New York, NY

City

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

516 E 78th St Unit 2J vs New York

34 DAYS ON ROCKET

-50 Days

$575,000

-$281.1K Less

KEY TAKEAWAY

This property is $281.1K 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: #RPLU-33423210749

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: IGNAZIO LEONE
  • Agent Phone: (917) 882-4714

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: 11/15/2024, 3:20:50 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

$4,648

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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-281162
9
/10

  • P.S. 158 Bayard Taylor School

  • 1458 York Ave

  • 0.07 miles

  • Public District Grades KG-6

school-card-donut-281163
9
/10

  • P.S. 290 Manhattan New School

  • 311 E 82nd St

  • 0.39 miles

  • Public District Grades KG-5

school-card-donut-281164
6
/10

  • Yorkville Community School

  • 421 E 88th St

  • 0.56 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,058. The majority of New York, NY residents have income between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 E 78th St Unit 2J

What is the listing price of this property?

The listing price of 516 E 78th St Unit 2J property is $575,000.

What type of property is this?

The property 516 E 78th St Unit 2J is a condo located in New York City, New York, 10075.

Is this property for sale now?

Active Listing: 516 E 78th St Unit 2J is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 516 E 78th St Unit 2J has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 516 E 78th St Unit 2J is 1911.

Rocket Homes›New York›New York›10075›516 E 78th St Unit 2J

This home is located at 516 E 78th St Unit 2J in New York City, NY and zip code 10075 in the Upper East Side neighborhood. This home was built in 1911. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $575,000.

In October 2024, from all listings sold in New York, NY there were more than 269 sold above asking price, over 833 sold below and more than 850 were sold right at the asked price. The number of listings in New York, NY increased by 1.8% between September 2024 and October 2024. 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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