The Gregory House at 440 East 79th Street is a substantial 16 story red brick cooperative that occupies nearly half the block between First and York Avenues. Built in 1956 and converted to a co-op in 1983, this 218-unit building features a distinctive white marble canopied entrance and two small recessed light courts that create bay windows and sidewalk planting areas. The handsome lobby steps down to the elevator bank, and there's one long balcony on the building's expansive façade near the top floor.
The building offers comprehensive amenities including a newly renovated rooftop deck and garden that's considered among the premier decks on the Upper East Side, an updated fitness center in the basement, on-site parking garage, central laundry room, bike storage, and individual storage units. With a 24-hour doorman and live-in superintendent, the building maintains a reputation for attentive service. The pet friendly co-op has demonstrated financial stability with modest annual maintenance increases of just 2 to 3 percent.
Apartments range from junior one bedrooms to expansive four-bedroom units, with many featuring parquet floors, renovated marble bathrooms, and custom storage solutions. Notable units include a unique triple combination duplex spanning floors 8 and 9 with a custom staircase, and a 3,000 square foot four-bedroom residence with dual sinks and dishwashers in the chef's kitchen. High floor apartments offer impressive southern exposure and city views, while many units have been recently renovated with modern kitchens featuring granite countertops and stainless-steel appliances. The building permits pied-à-terres, co-purchasing, and gifting on a case-by-case basis, allows up to 75 percent financing, and notably charges no flip tax. However, in-unit washer/dryers are not permitted.
The location provides excellent access to Carl Schurz Park and the East River Promenade, with Sotheby's auction house nearby and the upscale Agata & Valentina market within walking distance. Transportation is convenient with cross town buses on 79th Street, subway access at 77th Street and Lexington Avenue, and a southbound FDR Drive entrance just one block east of York Avenue.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.