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50 East 79th Street, #PH21B

$4,995,000 | 3 beds, 3 baths
Building Profile  | 
111 days on Market

Key Details

  • Listed: Jul 10, 2024
    Days on Market: 111
    Building Type: Cooperative
    Neighborhood: Park/Fifth Ave. to 79th St. (Manhattan)
    Doorman: FT Doorman
    Listing viewed 162 times
Monthly Maintenance: $11,136
Est. Monthly Mortgage: $13,172
Total Est. Monthly Carrying Cost: $24,308
Note: the above is based on a down payment of 60% ($2,997,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Prime Location: This sprawling, sun-filled penthouse apartment is located in the prime Upper East Side, close to Central Park, major museums, world-famous boutiques, art galleries, and PS 6, one of the city's finest public schools. It also offers excellent bus service and nearby subway at Lenox Hill Hospital.
  • Stunning Views and Outdoor Space: The apartment boasts breathtaking Central Park views and features wrap around terraces accessible directly from the generously sized primary suite and second bedroom.
  • Spacious and Versatile Layout: The apartment includes three oversized entertaining rooms, an expansive 25-foot living room with two exposures, a formal dining room, a den that can function as an additional bedroom, and a staff room/office with an en-suite bathroom.
  • Full Service Building: The building is a full service cooperative with just 87 residences, offering amenities such as a 24-hour doorman, on-site resident manager, discounted on-site garage, storage, bike room, a gym, and a live-in superintendent.
  • Flexible Ownership and Financing: The building allows 65% financing and pied-a-terre ownership, making it a flexible option for a variety of potential buyers.
  • Historical Significance: The building was designed by Brown & Guenther, erected in 1958 and converted to a cooperative in 1963, adding a touch of historical charm to the property.

Description

OFFERED FOR THE FIRST TIME IN 40+ YEARSA rare opportunity to own a sprawling and sun-filled penthouse apartment with wrap around terraces and breathtaking Central Park views in a prime Upper East Side location.Upon entry into this special home, guests are greeted through a marble-clad foyer to the three oversized entertaining rooms. With glorious light and two exposures, the expansive 25-foot living room leads onto the widest portion of the terrace, perfect for lounging or dining with a retractable awning. The formal dining room offers two exposures as well, including a stunning Southern view of the Midtown skyline.

Perfect for a cozy night in, or working from home, the den space is an additional flex space that can function as an additional bedroom.The serene and generously sized primary suite offers two walk-in closets, and has direct terrace entrance to take in magnificent Central Park views and sunsets. The second bedroom is well proportioned, with another walk-in closet and also has direct terrace access. A windowed kitchen, and a staff room/office with an en-suite bathroom complete this unrivaled offering at this price point.50 East 79th Street is a full service, cooperative one block from Central Park with just 87 residences.

Amenities include a 24-hour doorman, on-site resident manager, discounted on-site garage (subject to availability,) storage, bike room, and a gym. The building allows 65% financing, and pied-a-terre ownership, but dogs are not permitted. Kindly note, showings are Monday - Friday.

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Apartment Amenities

  • City View
Listing courtesy of Corcoran Group

Pricing History

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About 50 East 79th Street

78

50 East 79th Street has received a CityRealty Rating of 78, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

27
Out of 44
+
24
Out of 36
+
18
Out of 39
+
9
=
78
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
High-End 5 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
Yes and Good 2 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
Part of Historic District 1 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Outstanding 5 out of 5 points
Distance To Neighborhood Center:
Less than 40 blocks 2 out of 5 points
Views:
Impressive 3 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
More than 5 Short Blocks 0 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
Some 1 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
Yes 1 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
Yes 1 out of 1 points
Non Rectilinear Form:
Yes 1 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Conversion Year: 1963
  • Attended Lobby
  • FT Doorman
  • High-Rise
  • Post War
  • Resident Storage
  • Full Service Garage
  • Washer/Dryer in building
  • Elevator
  • Fitness Center
  • On-Site Parking
  • Laundry Room
  • Bike Room
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Very attractive section of Upper East Side
  • Many views of Central Park
  • Excellent bus service
  • Live-in superintendent
  • Close to many major museums
  • Many famous boutiques and art galleries are nearby
  • Subway is nearby at Lenox Hill Hospital
  • Doorman
  • Attractive entrance
  • Close to PS 6, one of the city's finest public school
  • Elevator operator
  • Garage
  • Fitness center
Cons
  • No pets
  • No sundeck
  • Considerable traffic on Madison Avenue
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Subways

  1. 6
at Lexington Ave 0.20 miles
  1. 4
  2. 5
at Lexington Ave 0.41 miles

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