--- title: "311 East 71st Street #E8, New York City, NY 10021" description: "311 East 71st Street #E8, New York City, NY 10021 — Lenox Hill, New York City, NY. Listing Price $325,000. Studio bed, 1 bath Illustrative Buyer Commission Share of $4,875 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10021/311-east-71st-street-e8-ny-10021" source: "Real Estate Rebate Team" dateModified: "2026-09-08T22:04:16.669Z" status: "Active" --- # 311 East 71st Street #E8, New York City, NY 10021 Lenox Hill, New York City, NY Courtesy of Compass Last updated: September 8, 2026, 6:04 PM ## At a Glance - **Listing Price**: $325,000 - **Beds**: Studio - **Baths**: 1 - **Common Charges**: $1,460 / mo - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $325,000 - **Illustrative Buyer Commission Share**: -$4,875* - **Illustrative Net Cost**: $320,125 *Illustrative Buyer Savings of $4,875 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (6) ![311 East 71st Street #E8, New York City, NY 10021 — photo 1 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bd1609ce-79d7-4f3b-b81c-ff53b8287501.jpg) ![311 East 71st Street #E8, New York City, NY 10021 — photo 2 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6d7bbd7f-38c5-42f7-89f1-e3221d8ab5f2.jpg) ![311 East 71st Street #E8, New York City, NY 10021 — photo 3 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3e92de21-00d3-4acd-b76e-4cfdc01e9988.jpg) ![311 East 71st Street #E8, New York City, NY 10021 — photo 4 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fd931bf3-137c-4107-aa23-9ea6f4a841d6.jpg) ![311 East 71st Street #E8, New York City, NY 10021 — photo 5 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f372f6dc-cd14-4507-84fc-2ccfb9fefde9.jpg) ![311 East 71st Street #E8, New York City, NY 10021 — photo 6 of 6](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/57f7a0e1-f064-4b63-8d08-13d6297460a6.jpg) ## Property Overview Bright South-Facing Upper East Side Studio Sun lovers, take note. This south-facing studio on the 8th floor is filled with natural light year-round and offers a surprisingly spacious layout, hardwood floors, and exceptional closet space. The kitchen features stainless steel appliances, perfect for cooking in or grabbing leftovers from your favorite neighborhood spot. Set in a full-service Upper East Side co-op with a newly renovated lobby, doorman service, live-in super, laundry, bike room, storage (for rent), and on-site garage. Just steps from the Q train at 72nd Street, Central Park, the East River Esplanade, and top shopping and dining. Flexible ownership allows co-purchasing, guarantors, pieds-à-terre, subletting, and up to 75% financing. There is an assessment of $253.89 per month for 18 months, through September 2027. Flip tax: 1.75% paid by buyer. Enjoy bright, effortless living in the perfect location. Don’t miss out... schedule your private showing today. ## Property Details - **Property Type**: Co-op - **Baths**: 1 - **Rooms**: 2 - **Stories**: 13 - **Year Built**: 1962 - **Common Charges**: $1,459.52 / Monthly - **Listed On**: Sep 8, 2026 - **Days on Market**: 1 Days ### Residence Features - Common On Floor - Common Area - Garage - Chandelier - Stainless Steel Appliance(s) - Hardwood - City ### Building Amenities - Garage ## Sales Evidence ### Recent closed sales 14 apartments at The Diplomat have recorded sales since September 2021, the most recent for $655,000 in March 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 7D (Apartment) | 1 | 690 | $655,000 | $949/ft² | March 27, 2026 | City record | | 3G (Apartment) | Studio | 400 | $450,000 | $1,125/ft² | November 14, 2025 | City record · MLS | | 7J (Apartment) | 1 | 689 | $540,000 | $784/ft² | February 28, 2025 | City record · MLS | | 2C (Apartment) | 2 | 705 | $277,000 | $393/ft² | October 30, 2024 | City record | | 9a (Apartment) | Studio | 400 | $472,500 | $1,181/ft² | August 8, 2024 | City record · MLS | | 4A (Apartment) | — | 400 | $415,000 | $1,038/ft² | April 9, 2024 | City record | | 4J (Apartment) | — | 622 | $643,800 | $1,035/ft² | December 7, 2023 | City record | | 11C (Apartment) | 2 | — | $915,000 | — | June 15, 2023 | City record · MLS | | 8-B (Apartment) | Studio | 447 | $530,000 | $1,186/ft² | May 4, 2023 | City record · MLS | | 7-C (Apartment) | 1 | 780 | $640,000 | $821/ft² | April 20, 2023 | City record · MLS | | 3A (Apartment) | 1 | 400 | $505,000 | $1,263/ft² | November 9, 2022 | City record | | 5-E (Apartment) | Studio | — | $475,000 | — | September 7, 2022 | City record · MLS | | 8A (Apartment) | Studio | — | $500,000 | — | May 26, 2022 | City record · MLS | | 3B (Apartment) | Studio | — | $485,000 | — | September 10, 2021 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable studio sales at The Diplomat is $480,000, based on 6 sales between September 2021 and November 2025. This home is asking $325,000, $155,000 below that median. The middle half of those sales closed between $473,125 and $496,250. - **Median closed price**: $480,000 - **Middle half**: $473,125 – $496,250 - **Based on**: 6 studio sales at The Diplomat - **Period**: September 2021 – November 2025 Square footage is recorded for only 3 of these 6 sales (50%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. Across the 4 of these sales with a published asking price, the median closed at 90.8% of what it originally asked. 100% of them closed below the original ask. ### How these sales were negotiated - **Sold vs original ask**: 90.8% of the original ask - **Closed below ask**: 100% of 4 sales - **Listed → in contract**: 78 days (about 11 weeks) - **In contract → closed**: 57 days (about 8 weeks) Across the 4 of these sales with a published asking price, the median closed at 90.8% of what it originally asked. 100% of them closed below the original ask. Half of these homes were in contract within 78 days (about 11 weeks) of coming to market, based on the 4 with a recorded listing date. Once a deal was agreed, closing took a further 57 days (about 8 weeks), based on the 4 with both dates recorded. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 6 studio sales at The Diplomat, September 2021 – November 2025. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median price per square foot for sales at The Diplomat, 2017 to 2024. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year. | Year | Median $/ft² | Sales | | --- | --- | --- | | 2017 | $1,423/ft² | 5 | | 2018 | $1,165/ft² | 5 | | 2021 | $865/ft² | 4 (thin) | | 2023 | $1,035/ft² | 4 (thin) | | 2024 | $1,038/ft² | 3 (thin) | Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at The Diplomat](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-diplomat) ## About The Building ### The Diplomat Turtle Bay · Condominium 210 East 47th Street, New York, NY 10017 A building in Turtle Bay, currently featuring 3 active listings. - **Year Built**: 1957 - **Total Units**: 3 - **Floors**: 13 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-diplomat) ### Available Residences — For Sale (3) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [E8](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10021/311-east-71st-street-e8-ny-10021) | Studio | 1 | — | — | $325,000 | Compass | Sep 8, 2026 | 1 days | | [9J](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10017/210-east-47th-street-j-9J-ny-10017) | 1 | 1 | 649 sqft | $1,025 | $665,000 | Sothebys International Realty | Apr 6, 2026 | 156 days | | [10F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10021/311-east-71st-street-10f-ny-10021) | 1 | 1 | 850 sqft | $647 | $550,000 | Digs Realty Group LLC | Sep 8, 2026 | 1 days | ## Estimated Monthly Payment **$3,103 / month**, assuming a 20% down payment ($65,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $1,643 - **Common Charges**: $1,460 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Lenox Hill Overview of Lenox Hill [Explore Lenox Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lenox-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Lenox Hill - [Inwood real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/inwood) ## Related Links - [The Diplomat — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-diplomat) - [Lenox Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/lenox-hill) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.