340 East 80th Street is a 20-story red-brick cooperative building completed in 1961 and converted to co-op in 1982. The building is uniquely connected to 333 East 79th Street, forming a single cooperative complex with 452 apartments, though each tower maintains its own entrance, doorman, and facilities. The two towers are joined by a distinctive landscaped courtyard featuring modern sculptures, seating areas, and a children's playground.
The building's 79th Street entrance features a stainless-steel marquee and a dry moat that provides light to lower units, while the 80th Street entrance offers a canopied entrance with a ramp. The property recently underwent renovations to its lobby and hallways, maintaining its modern appeal while preserving its classic character.
Residents enjoy comprehensive amenities including 24-hour doorman service, a live-in superintendent, an indoor fitness center, a party/conference room, central laundry facilities, and private storage options. The building also features an on-site garage accessible from within the building, bike storage, and a children's playroom.
The co-op's policies are notably flexible, allowing 80% financing with no flip tax. The building permits co-purchasing, pied-a-terres, and pets up to 50 pounds with board approval. In-unit washer/dryers are also allowed with board approval, though there is typically a small monthly fee.
The location offers excellent accessibility, with the crosstown bus on 79th Street, Select bus service on 1st and 2nd Avenues, and multiple subway options including the Q train at 83rd Street and the 4, 5, and 6 trains on Lexington Avenue. The building sits in a vibrant neighborhood near Carl Schurz Park, with numerous restaurants and markets nearby, including the notable Agata and Valentina Italian specialty market across the street.
The building's unique architectural feature includes a long planted area along First Avenue, and many apartments feature balconies. The property maintains separate entrances and facilities for each address while sharing the cooperative's overall amenities and management structure, creating a distinctive living arrangement in the Upper East Side.
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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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