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York Towers, 501 East 79th Street, #8C

$1,498,000 ($1,033 per ft2) | 2 beds, 2 baths | Approx. 1,450 ft2
Building Profile  | 
231 days on Market

Key Details

  • Listed: May 6, 2024
    Last Price Change: ($67,000) on Jul 17
    Days on Market: 231
    Building Type: Cooperative
    Neighborhood: Yorkville (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $2,121 ($1.46/ft2)
Est. Monthly Mortgage: $5,968
Total Est. Monthly Carrying Cost: $8,089 ($5.58/ft2)
Note: the above is based on a down payment of 40% ($599,200), which is the minimum amount permitted by the building.

Description

Everything a home should have!Bright ambient Western light from huge windows overlooking the wide York Ave.All rooms oversized.Storage galore: A new layout that includes 2 walk-in closets and a FULL LAUNDRY ROOM/ Storage Room with access from foyer, so you can roll in bulky items and second access door near W/DCoveted building with super low maintenance, all utilities included, and A+++ staff.Custom European finishes.This sun-drenched co-op, expertly reimagined by an architect to maximize space and style, offers a rare chance to own a thoughtfully designed Upper East Side residence. Spread across approximately 1,450 sq. ft., this 2-bedroom, 2-bathroom apartment features oversized windows, abundant closet space, and high-quality hardwood floors, updating the original parquet with a contemporary touch. An expansive and inviting foyer, equipped with a large coat closet, opens into a spacious living area and two separate dining areas.

Adjacent to the dining spaces, the kitchen has been completely redesigned to include an anthracite peninsula with counter stool seating, stylish European cabinetry, and new stainless appliances, ensuring ample countertop and cabinet storage. A unique addition to the layout is a sizable laundry room. This space is not only equipped with a fill sized stackable washer/dryer but also offers extensive storage capabilities.

2 access points gives great flexibility. The primary bedroom is a spacious retreat, featuring a walk-in closet that leads to a chic ensuite full bathroom with an oversized shower and a large storage cabinet with a countertop. The second bedroom is also generously sized, featuring a private walk-in closet and convenient access to the apartment’s second, attractively updated full bathroom with tub, completing this beautifully updated home. East 79th Street is a co-op with a full-time doorman, a live-in super, a tremendous roof top deck, common laundry, on-site parking, and bicycle storage.

The residence has extremely low maintenance that includes all utilities. Pied-a-terre are welcome. Pet friendly as well. Recently, 501 East 79th Street underwent a stunning transformation, with a comprehensive renovation of its facade, lobby, elevators, and rooftop deck.

Originally constructed as a co-op in 1959, it now stands as one of the most exquisite post-war buildings in the vicinity. Designed with a focus on spaciousness and elegance, the developer enhanced room sizes and layouts, ensuring fewer apartments per floor, catering to buyers rather than renters. Maintaining its distinction as a 100% owner-occupied building, this co-op also possesses the commercial space below, contributing significantly to its income stream.

Shareholders benefit from reasonable maintenance fees, which cover all utilities, including electricity, making it an attractive and financially sound investment. Nestled in the serene residential enclave of Yorkville on the Upper East Side, this co-op is just steps away from John Jay and Carl Schurz Parks. Explore a myriad of dining, shopping, and entertainment options along 1st and 2nd Avenues, with easy access to public transit via the Q and 6 trains for seamless commuting.

Central Park is a mere 15-minute stroll away.

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Listing courtesy of Corcoran Group

Pricing History

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About York Towers, 501 East 79th Street

49

York Towers, 501 East 79th Street has received a CityRealty Rating of 49, 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

19
Out of 44
+
20
Out of 36
+
10
Out of 39
=
49
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
None 2 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:
No, but OK 1 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 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:
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:
Less than 50 blocks 1 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Some 2 out of 3 points
Protected Views:
Only Top Floors 1 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:
More than 6 Short Blocks 0 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:
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:
None 0 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:
Yes 1 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:
Yes 1 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:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • FT Doorman
  • Post War
  • Resident Storage
  • Full Service Garage
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Laundry Room
  • Bike Room
  • Live-In Superintendent

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Pros
  • Doorman
  • Very convenient to Carl Schurz Park
  • Very convenient to some excellent private schools
  • Excellent crosstown bus service
  • Some terraces
  • Discrete air-conditioners
  • Canopied entrance
  • Garage
  • Attractive block
Cons
  • No balconies
  • No concierge
  • No health club
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