Listing Courtesy of Brown Harris Stevens Residential Sales LLC
$5,200,000
Potential Rebate: $78,000
Apartment 7CD is a gracious and lovely home with enormous space for you to imagine and create your dream. <br> <br> The entry leads to a large gallery which is central to the home. Moving across the gallery is the spacious living room leading to the huge den/library. Each room has its own design - one for gatherings, watching TV, or listening to music. The other is a space for relaxing and enjoying a great novel. To the left of the gallery is a large coat closet , behind which is a guest half bath. The left hallway divides into three large secondary bedrooms and 2 baths, while across the gallery is the grand primary bedroom wing in which the huge space contains a king-size primary bedroom and enormous room-size walk-in closet. There are 2 large baths in this bedroom wing as well. To the right of the gallery is a windowed eat-in, granite counter-top kitchen facing south, with a large breakfast counter, washer and dryer, and enough space for a true chef. A staff room and bath are conveniently located. Adjacent to the kitchen is a large formal dining room where guests can enjoy holidays or informal gatherings. Throughout the apartment there are endless closets and storage space.<br> <br> 40 East 84th Street is pet friendly, with a 24-hour doorman and live-in super. It is one block to Central Park and close to excellent restaurants, fabulous museums, convenient shopping, and transportation. There is a 3% flip tax to the buyer. 75% financing is permitted.
$34,861 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$78,000
Monthly savings impact
$217/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
2.5%
Experience
Member
Listings
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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Brown Harris Stevens Residential Sales LLC
Data Source: TRESTLE #RLS20044550

Compare average listing prices and value metrics for Madison against the surrounding Upper East Side market.
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than the Upper East Side price average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Upper East Side.
The Upper East Side (UES) is the epitome of classic New York wealth and culture. Stretching from Central Park to the East River, it is home to Museum Mile, Madison Avenue fashion, and some of the most prestigious addresses in the world. For buyers seeking Upper East Side Manhattan real estate, it offers a lifestyle of polished elegance and safety.
Living in the Upper East Side ranges from the ultra-luxury of Fifth Avenue to the bustling, younger energy of Second Avenue. As a premier Manhattan NYC neighborhood, it remains the gold standard for residential stability and top-tier schools.
The market for homes for sale in the Upper East Side is surprisingly diverse. While famous for $20 million townhouses and co-ops, the eastern avenues (Yorkville) offer excellent value for studios and one-bedrooms.
It is valid to say it has two markets: the "Gold Coast" west of Lexington (historic, expensive, co-op heavy) and the area east of Lexington (more condos, more rentals, more affordable).
The lifestyle on the UES is refined. Residents spend weekends at the Met or the Guggenheim, jogging in Central Park, and dining at established bistros. It is less trendy than downtown but more livable.
The community is generational. You will see grandmothers and toddlers who both grew up in the neighborhood. It feels established, clean, and manicured.
The Upper East Side was transformed by the Second Avenue Subway (Q train), which relieved pressure on the 4/5/6 line. Now, the area feels incredibly connected to Midtown and downtown.
The crosstown buses through the park (at 65th, 79th, 86th, 96th) are vital lifelines to the West Side.
Central Park is the neighborhood's front yard. Carl Schurz Park on the East River is a hidden gem with a dog run and promenade.
Amenities are world-class. The area has the highest concentration of private schools in the city (Dalton, Spence, Chapin) and top hospitals (Lenox Hill, Mt Sinai), making it a magnet for families and professionals.
The Upper East Side is best for families, culture lovers, and anyone who wants a classic, safe, and green New York City experience.

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