Designed by renowned architect Rosario Candela and completed in 1928, 3 East 77th Street is a 12 story limestone building with 68 co-op apartments. Located on the coveted corner of 77th Street and Fifth Avenue, the building is directly adjacent to the equally prestigious 960 Fifth Avenue. The building's prime location places residents steps from Central Park, major museums, and Madison Avenue's finest shopping and dining.
What truly sets this building apart is The Candela (also known as The Georgian Suite), a private restaurant exclusively for residents featuring an in-house chef and catering kitchen. This unique amenity, combined with a penthouse fitness center surrounded by a landscaped rooftop terrace, creates an unparalleled living experience. The building maintains white glove service with a 24 hour doorman, live-in resident manager, and additional maid and laundry services are available.
Apartments showcase classic pre-war elegance with high ceilings reaching up to 12 feet, wood burning fireplaces in some units and hardwood floors throughout. Several apartments offer open city views, and some include small private terraces or glimpses of Central Park and the Metropolitan Museum of Art.
The building operates under strict co-op policies: financing is not permitted, and buyers pay a 2% flip tax. However, both pets and pied-à-terre ownership are welcomed. Residents pay a quarterly restaurant fee of $1,750 to access The Candela's services. Notably, several C and D line apartments have been successfully combined over the years, offering potential buyers the opportunity to create larger three bedroom residences with formal dining rooms.
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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.