120 East 79th Street - Upper East Side
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120 East 79th Street is a 19 story, 76 unit co-op built in 1947 on a prime Upper East Side block between Park and Lexington Avenues. The red brick building is distinguished by its softly curved white marble supports flanking the entrance marquee, an elegant and unusual architectural detail. With a two story limestone base and numerous balconies, the building sits across from low rise townhouses that provide excellent light and air. Recent capital improvements include new elevators, a new water tank, electrical upgrades, and completed Local Law 11 work.
Apartments range from one to four bedrooms, with many featuring private terraces or balconies and multiple exposures. A standout is the full floor penthouse on the 20th floor, the only private full floor in the building, with a wraparound terrace offering views stretching to Central Park. Many units have been renovated with high end finishes and appliances including Sub-Zero refrigerators, Bosch and Miele dishwashers, and custom cabinetry. Washer/dryer installations have been approved by the cooperative. Common features across listings include herringbone or refinished hardwood floors, beamed ceilings, custom built ins, and ample closet space.
The building offers white glove service with a 24 hour doorman, live-in resident manager, and attentive staff. Amenities include a private planted courtyard, fitness center, laundry room, bike room, and storage (subject to waitlist). Pets and pied-à-terres are permitted with board approval, and financing up to 75% is allowed. There is a 2% flip tax paid by the purchaser. The location is two blocks from Central Park and walking distance to the Metropolitan Museum of Art, Madison Avenue boutiques, and excellent restaurants, with convenient access to the Lexington Avenue subway and M79 crosstown bus.
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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.
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