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In Contract

508 East 78th Street, #3A

$480,000 | 1 bed, 1 bath
Building Profile  | 
156 days on Market

Key Details

  • Listed: Jul 19, 2024
    Days on Market: 156
    Building Type: Cooperative
    Neighborhood: Lenox Hill (Manhattan)
    Listing viewed 383 times
Monthly Maintenance: $1,270
Est. Monthly Mortgage: $2,550
Total Est. Monthly Carrying Cost: $3,820
Note: the above is based on a down payment of 20% ($96,000), which is the minimum amount permitted by the building.

Description

Welcome to the charm of Apt 3A, nestled in the Cherokee building—a pre-war Beaux Arts landmark on the Upper East Side. This one-bedroom gem is an ideal investment, offering a cozy residence with a low maintenance cost covering gas and electric utilities.
The Cherokee provides convenience and comfort with amenities like a live-in superintendent, video intercom system, bicycle room, central storage, a landscaped courtyard, and a new laundry room. Various ownership arrangements, including pieds-à-terre and investors, are welcome, along with pets.
Strategically located close to John Jay Park and the East River promenade, this apartment offers both tranquility and accessibility.

The Upper East Side’s vibrant dining scene adds to the allure, with options like Quality Eats, Uva Wine Bar, Penrose, Thep, and Mission Ceviche. Gourmet food store choices range from Citarella and Agata & Valentina to the newly renovated Gracie’s with a wine bar. Larger-scale options like Whole Foods and Fairway are just blocks away.
In summary, 508 East 78th Street, Apt 3A, presents a unique opportunity to own a piece of Upper East Side elegance, combining timeless charm with modern comforts.

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Listing courtesy of VORO NYC

Pricing History

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About 508 East 78th Street

53

508 East 78th Street has received a CityRealty Rating of 53, 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

22
Out of 44
+
19
Out of 36
+
12
Out of 39
=
53
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Distinguished 7 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Dramatic 3 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:
Exists 1 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 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:
No 0 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:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
More than 50 blocks 0 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Bland 1 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
None 0 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:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
Some Noise 0 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Spacious 4 out of 5 points
Units Per Floor:
More than 15 0 out of 5 points
Ceiling:
9-11 Feet 2 out of 4 points
Balconies:
Very Attractive 3 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
None 0 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 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:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points
Pros
  • Superb architecture
  • Balconied staircases open onto courtyards
  • Very handsome balconies
  • Views of the East River from many units
  • Nearby park.
Cons
  • No health club
  • No doorman
  • No garage
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