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508 East 78th Street, #3B

$875,000 | 2 beds, 1 bath
Building Profile  | 
93 days on Market

Key Details

  • Listed: Sep 20, 2024
    Days on Market: 93
    Building Type: Cooperative
    Neighborhood: Lenox Hill (Manhattan)
    Listing viewed 231 times
Monthly Maintenance: $2,131
Est. Monthly Mortgage: $4,648
Total Est. Monthly Carrying Cost: $6,779
Note: the above is based on a down payment of 20% ($175,000), which is the minimum amount permitted by the building.

Description

New to Market.Move right into this rarely available, Gut Renovated, large flowing two bedroom, one bath at the magnificent Cherokee. A glorious pre-war Beaux Arts landmark building on the Upper East Side. This gorgeous building exudes old world charm and is infused with an elegant European Ambiance.

Perched on the 3rd floor (non-elevator) this beautiful apartment boasts high ceilings, three magnificent balconies with partial views of the east river and over sized Floor-to-Ceiling Windows.

The apartment receives incredible light from it’s floor to ceiling triple sash windows that open directly onto three spacious balconies. The windowed kitchen features top-of-the-line appliances and seamless granite countertops. The primary bedroom is spacious and sun drenched with it’s own private balcony.

Enjoy the trees the breeze and your beautiful balconies whilst sipping on a luscious latte and escape the stresses of the day.

Attractive for investors as a rental income, or as your perfect Upper East Side First Home.

The Cherokee features a live-in super, video intercom system, overnight security, bicycle room, central storage room, a landscaped courtyard, and a new laundry room. Utilities: gas & electric, heat and hot water are included in the maintenance. Pied a terres, Investors, Parents buying, co-purchasers and guarantors are all permitted.

Pets are most welcome!! Steps away from John Jay Park and the East River promenade makes this apartment a must have.

The Upper East Side has a burgeoning restaurant scene with numerous dining options ranging from Quality Eats, Uva wine bar, Penrose and newcomers Thep and Mission Ceviche which are really thriving. Boutique gourmet food store options include Citarella, Agata & Valentina and the newly renovated Gracie’s that added a wine bar. On a larger scale, Whole Foods and Fairway are only blocks away.

Orwasher’s Bakery (voted the #1 baguette by Time Out NY) is just around the corner and has been baking the classic black-and-white cookie since 1916 - soft and pillowy with a touch of lemon zest! But our all-time favourite is the scrumptious Cacio and Pepe, an authentic Italian restaurant serving the most mouthwatering dishes. And why not try the fabulous Pink Berry for dessert.

THERE IS A TENANT IN PLACE UNTIL APRIL 1, 2025

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Apartment Amenities

  • Northern Exposures
  • River View
Listing courtesy of Corcoran Group

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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