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$570,625
List Price: $575,000
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516 East 78th Street #2J
Coop in Lenox Hill •  building info
2bd • 1ba
Buy with Yoreevo

$570,625

List Price

$575,000

Key Details
Days on market
100
Last price change
loading...
Estimated payment
$4,619
Monthly taxes
N/A
Monthly maintenance
$1,711
Description
NEW TO THE MARKET: Oversized 1-Bedroom/Converted 2 in the Iconic Cherokee Building Discover this stunning, oversized one-bedroom (converted to 2) in the Cherokee, a grand pre-war Beaux Arts landmark on the Upper East Side. Steeped in old-world charm, this building radiates elegant European ambiance. This highly coveted corner J line apartment, perched on the 2nd floor (walk-up), features floor-to-ceiling windows, high ceilings, and three beautiful balconies offering sweeping views of the East River and John Jay Park. Flooded with natural daylight, this home invites you to relax and unwind on the balconies, enjoying the breeze and views over your morning coffee. With excellent closet space and three private balconies, this spacious unit is a perfect urban sanctuary. Investor-friendly, this apartment can generate rental income or serve as your dream first home in the Upper East Side. Maintenance includes all utilities-gas, electricity, heat, and hot water-offering convenience and ease of living. The Cherokee also offers desirable amenities such as: A live-in super Video intercom system and overnight security Bicycle room and central storage room A landscaped courtyard and a newly updated laundry room Located steps away from John Jay Park and the East River promenade, you'll enjoy easy access to outdoor spaces, plus a vibrant dining scene nearby. Popular spots like Quality Eats, Uva Wine Bar, Penrose, and newcomers like Thep and Mission Ceviche make this area a foodie's paradise. Enjoy fresh gourmet shopping at Citarella, Agata & Valentina, Whole Foods, and the newly renovated Gracie's. The apartment is currently tenant-occupied until March. Don't miss this rare opportunity!

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Important Stuff
Elevator
Cats and Dogs allowed
Listing Amenities
Storage Available
Hardwood floors
City View
Park View
Dishwasher
Water View
Skyline View
Building Amenities
Laundry in Building
Bike Room
Locker/Cage
Package Room
Gifts Allowed
Live In Super
Fios Available
Outdoor Space
Balcony
Courtyard
Coop Rules
Sublets Allowed
Gaurantor Permitted
Co-purchase Allowed
Parents Buying Allowed
Pied-a-Terre Allowed
Building info

History
What it'll cost
Purchase price
$575,000
Asking Price: $575,000
Term
30 Years
Down Payment
$115,000 (20%)
Min: 20% (115,000)
Rate
6.5 %
Mortgage Amount
$460,000
Mortgage Payment
$2,908
Maintenance
$1,711
Estimated Yoreevo rebate
$4,375
Estimated closing cost
$7,000
Total monthly cost $4,619
Buy your dream home with us and get an estimated $4,375 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Corcoran Group

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