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$609,050
List Price: $615,000
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516 East 78th Street #1N

Coop in Lenox Hill •  building info
1bd • 1ba
Buy with Yoreevo

$609,050

List Price

$615,000

Key Details
Days on market
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Last price change
No recorded changes
Estimated payment
$4,990/mo
Taxes
Included in maintenance fees
Maintenance
$1,880/mo
Description
Rich architectural history meets prewar elegance in this beautiful, sunlight-bathed one-bedroom apartment. Set on the elevated first floor of The Cherokee, a distinguished Beaux-Arts landmark co-op on the Upper East Side, this corner unit faces John Jay Park and enjoys northeastern exposure. Soaring ceilings and warm hardwood floors complement expansive floor-to-ceiling triple-hung windows opening onto five Juliet balconies that wrap around the apartment. Reflecting the buildings original emphasis on light and fresh air, these distinctive architectural details create an airy, inviting home with timeless appeal. An inviting foyer provides access to the classic tiled bathroom with tasteful finishes before opening into an airy living and dining area, a welcoming setting for quiet evenings and intimate gatherings. With its open layout, this space offers a beautiful canvas for your personal style. Just off the living room, a generous corner bedroom provides a restful retreat with the timeless charm that defines the residence. Appointed with stainless steel appliances, the kitchen offers a cozy yet thoughtfully arranged culinary space, balancing everyday function with polished style. Furnished images are virtually staged. Designed by renowned architect Henry Atterbury Smith, The Cherokee is celebrated for its grand arched entrances, beautifully maintained landscaped courtyards and historic character. The cooperative offers exceptional flexibility, permitting pied--terre ownership, co-purchasing, guarantors, gifting, parents purchasing for children and subletting, subject to board approval. Pets are welcome. Residents enjoy a live-in superintendent, video intercom, bicycle room, central storage and laundry facilities. In-unit washers and dryers are also permitted. Finally, the Cherokee's monthly maintenance includes all utilities - gas, electricity, heat and hot water - for shareholders' convenience. The Cherokee is a peaceful retreat between York Avenue and the East River, offering a relaxed lifestyle without sacrificing the energy of the city. John Jay Park is at your doorstep, with a playground, tennis, pickleball, basketball, and handball courts, as well as summer movie nights. Its seasonal outdoor pool offers lap swimming and free-swimming lessons for children. Just beyond, the East River Esplanade is ideal for biking, running, and waterfront strolls. Carl Schurz Park, approximately a ten-minute walk away, offers additional recreational amenities as well as both large and small dog runs. The building is also close to some of Manhattans most sought-after schools. The Webster Public Library and its Book Cellar used bookstore are steps away, along with the U.S. Post Office, delis, dry cleaners, and nail salons. Nearby dining options include pizza, Chinese, sushi, Italian, and French cuisine, with neighborhood shopping close at hand. Lastly, transportation is excellent: the 6 train at 77th Street and the Q train at 72nd Street are nearby, making it easy to get around the city.

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Important Stuff
Elevator
Cats and Dogs allowed
Policies
Gifts Allowed
Sublets Allowed
Gaurantor Permitted
Co-purchase Allowed
Parents Buying Allowed
Pied-a-Terre Allowed
Unit features
Dishwasher
Storage Available
Building amenities
Services and facilities
Bike Room
Fios Available
Laundry in Building
Live In Super
Shared outdoor space
Courtyard
Building info

History
10/1/26
Listed by Sothebys International Realty
$615,000
2/24/17
Status Change: In Contract to Sold
$555,000
$555,000
10/17/16
Status Change: For Sale to In Contract
$555,000

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What it'll cost
Purchase price
$615,000
Asking Price: $615,000
Term
30 Years
Down Payment
$123,000 (20%)
Min: 20% (123,000)
Rate
6.5 %
Mortgage Amount
$492,000
Mortgage Payment
$3,110
Maintenance
$1,880
Estimated Yoreevo rebate
$5,950
Estimated closing cost
$7,000
Total monthly cost $4,990
Buy your dream home with us and get an estimated
$5,950 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Sothebys International Realty

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