East River House at 505 East 79th Street is a handsome red brick cooperative built in 1958 and converted in 1971. This 20 story building contains 206 apartments and sits on one of the most desirable blocks between York and East End Avenue. The building features consistent fenestration, discrete air conditioners, balconies, and terraces, along with attractive sidewalk landscaping that enhances its midblock presence.
The building has undergone extensive capital improvements in recent years, all completed without assessments to residents. These include new energy efficient boilers, state-of-the-art elevator systems, renovated hallways and lobby, new cooling tower, updated intercom system, and a redesigned mailroom. The building maintains excellent financial health and offers full service amenities including a 24 hour doorman, live-in resident manager, 24 hour attended garage, bike room, and updated laundry facilities.
Apartment layouts typically feature split bedroom configurations that provide privacy, with many units offering generous living and dining spaces. Several listings highlight exceptionally long living rooms, including units with 30 to 32 feet of combined living and dining space. Common features include hardwood floors, central air conditioning, abundant closet space, and windowed kitchens. Corner units offer wraparound terraces with East River views, while many apartments feature balconies with southern exposures overlooking tree lined streets and low rise landmark buildings.
The co-op maintains flexible policies, allowing pets, guarantors, gifting, and co-purchasing with board approval. Washer and dryer installation is permitted on a case by case basis, and some apartments can accommodate the addition of powder rooms. The building does not permit pied-à-terre ownership, requiring primary residence. Up to 75% financing is typically allowed for qualified buyers.
The location proves particularly attractive to families, situated just one block from Carl Schurz Park and the East River Promenade. The area offers excellent access to both public and private schools, along with convenient shopping at D'Agostino, Morton Williams, and Agata & Valentina. Transportation includes the M31 and M79 crosstown buses at 79th and York, though subway access requires a walk to the 6 train at 77th Street or the Q train at 83rd Street.
View school info, local attractions, transportation options & more.
Experience amazing 3D aerial maps and fly throughs.
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.
Broker & Buyer Comments