516 East 78th Street, New York, NY 10075

Upper East Side, Upper Manhattan, Manhattan

Building in Upper East Side

6 Stories

384 Units

Built in 1910

516 E 78th St, Apt 5P

Upper East Side, Upper Manhattan, Manhattan

$3,200

1 Bed

1 Bath

By IGNAZIO LEONE

Welcome to 516 East 78th Street, a building located in Upper East Side, Upper Manhattan, Manhattan in New York, NY. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1910. This is a relatively tall building with a total of 6 floors. From what we gather, there are a total 384 residential units. Tenants may find it interesting to learn that this building has been designated as a landmark. That's pretty cool! The building landmark name is INDIVIDUAL LANDMARK. Finally, 516 East 78th Street was most recently sold on Dec 31, 2023 for $102,460,000. The market value for the land that the building sits on has been listed at $781,000. In addition, improvements upon the building have an added value of $1,997,000. In total, the total market value of the property as a whole is $2,778,000. According to local assessors, the total value of the building is currently valued at $13,060,800. Specifically, the value of the land that the property sits on has been assessed at $2,475,000. The building was last assessed in 2023. There is another building on the same land that 516 East 78th Street was built on.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.

Policies

Cats Allowed

Dogs Allowed

Facts

General

Year Built

1910

Effective Year Built

1989

Building Count

Bedroom Count

Building Condition

unknown

Building Quality

unknown

Construction Type

unknown

Building Style

unknown

Exterior Walls Type

unknown

Interior Walls Type

unknown

Roof Shape Type

unknown

Roof Cover Type

unknown

Floor Count

Total Unit Count

384

Living Units

Residential Unit Count

384

Floor Cover

unknown

Basement Type

unknown

Basement Area

Garage Type

unknown

Parking Space Count

Patio Type

unknown

Porch Type

unknown

Pool Type

unknown

Unit Count

Building Floor Area

Residential Building Floor Area

98,580

Floor Area Ratios

Building Area Source

Building

Building Type

unknown

Property Class

Residential

Lot Type

Land Acres

0.088

Land Use

Standard Land Use Code

Apartment house (5+ units)

County Land Use Code

unknown

Irregular Lot Code

Proximity Code

Extension Code

Sanborn Map Number

108S016

Ownership

Current Owner's Name

CHEROKEE OWNERS CORP

Neighborhood

Census Block

2000

Community District

108

City Council District

Landmark Name

INDIVIDUAL LANDMARK

Police Precinct

Fire Company

E044

Health Area

4300

Sanitation District Borough

Sanitation Subsection

School District

School District Name

New York City Department Of Education

School Tax School District

MANHATTAN

Census Tract

013602

Census Block Code

2000

Census Group

Census Year

2019

Census - Combined Statistical Area - Area Code

408

Census - Combined Statistical Area - Area Name

New York-Newark, NY-NJ-CT-PA

Census - County FIPS

36061

Census - Full FIPS

360610132002000

Census - Metropolitan Division - Area Code

35614

Census - Metropolitan Division - Area Name

New York-Jersey City-White Plains, NY-NJ

Census - Metro Micro Statistical Area - Area Code

35620

Census - Metro Micro Statistical Area - Area Name

New York-Newark-Jersey City, NY-NJ-PA

Census - Metro Micro Statistical Area - Area Type

metropolitan

Census - Place FIPS

3651000

Census Source

US Census Bureau

Census State FIPS

Census Tract 2010

0132

Census Tract Code

013200

School District - Unified - Grade High

School District - Unified - Grade Low

School District - Unified - LEA Code

3620580

School District - Unified - Name

New York City Department Of Education

Zoning

Split Boundary Zone Indicator

Zoning

R8B

Zoning Map Number

Geography

Account Number

1-01576-0041

District

Section

516

Parcel

01576-0041

Borough Name

Borough Code

Block

1489

Lot

Lot Code

unknown

Borough Block Lot

1014890037

Latitude

40.7714

Longitude

-73.949

FIPS

36061

Mailing Carrier Code

C012

Mailing Full Street Address

417 5TH AVE FL

Mailing House Number

417

Mailing Street Mode

AVE

Mailing Street

5TH

Mailing Unit Type

Mailing 4-Digit Zip Code

3380

Geo Status Code

Prior to setting the GEOsource field the default value was 'P'.

X Coordinates

998095

Y Coordinates

219837

Valuation

Timestamp

2024-02-08 19:41:13

UCID Flag

Pluto Map ID

More About The Building

In total, the building area is listed as 16,047 square feet. To break it down, the depth of the building was measured at 86 square feet and the front is listed as 105 square feet. In comparison, the lot area is listed as 22,987 square feet. The depth of the property lot was measured at 102 square feet and the front at 225 square feet. The building itself has 98,580 square footage of total floor area. Out of that, 98,580 square footage of floor area is residential. The rest of the space could be utilized as commercial, garage, factory, or alternative use space. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 516 East 78th Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Upper East Side area have a median price of $4,000. Those in the 25th percentile, have a price around $3,300. While those in the 75th percentile, have a price around $5,345. Typically, the buildings in this area have a median sqft of 745. That means that the median price per sqft is around $7. In other words, the price per sqft for buildings in the 25th percentile is $6. While the price per sqft for buildings in the 75th percentile is $8. As a breakdown, we've included the following stats:

There are currently a total of 413 studio listings. The median price for these types of listings is $3,350. That's $7.47 price per sqft.

There are currently a total of 762 one bedroom listings. The median price for these types of listings is $4,000. That's $6.82 price per sqft.

There are currently a total of 472 two bedroom listings. The median price for these types of listings is $5,000. That's $6.63 price per sqft.

There are currently a total of 183 three bedroom listings. The median price for these types of listings is $8,058. That's $7.07 price per sqft.

There are currently a total of 58 four bedroom listings. The median price for these types of listings is $19,748. That's $7.64 price per sqft.

About The Area

516 East 78th Street is located in New York County, New York. There are 1,634,989 people living here. There are 753,385 households. Most of these households have an average family size of 3.09 people. According to the census, 77% are currently renting while 23% own their homes. The median age of this population is around 36.7 years old. On average, most folks in the county are unmarried. About 40% of folks speak a language other than English in this area. The area's employment rate is currently around 62.9%. Speaking of employment, the median income is $75,513. Most folks will commute by public transportation for around 31.4 minutes. Finally, we know that 13% of residents in the area have graduated with their high school degree. Additionally, 32% and 29% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. New York - Newark, NY - NJ - CT Urban Area has a population of 18,812,161 people. Based on census records, there are 6,707,347 registered households. Families in this area are on average made up of 3.42 people per household. Most folks are unmarried. They are also typically around 37.8 years old. Does diversity matter to you? Right now, 40% of folks speak a language other than English here. About 50% rent while 50% purchased their homes. Right now, the community is made up of 25% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 16% have a Master's degree. The employment rate is currently around 59.7%. Those employed, have a median income of $68,319.

$3,350

Studio Median Rent

$4,000

1BR Median Rent

$5,000

2BR Median Rent

$8,058

3BR Median Rent

PUBLIC TRANSIT

Red Bus

40 River Road (Manhattan Park) (0.34 mi - 8 min walk)