240 East 79th Street #11A, New York City, NY 10075
Listing Courtesy of Sothebys International Realty
$1,379,000
Potential Rebate: $20,685
Overview
Sun-Flooded Upper East Side 2B/2B in Art-Deco Jewel
This bright, high floor, 2B/2B home marries the grandeur of pre-war architecture with the sophistication of the contemporary. From the moment you enter this gracious home, you are taken with the vast space and abundant light created by the three exposures: South, West and North.
The over 30-foot long beamed living/dining room features sophisticated built-ins, and offers a sizable dining room area and an equally large space for the living room. The grand space is very flexible and the big windows welcome lots of light as well as showcase open views. The large eat-in kitchen also features over-sized windows and a plethora of light. It includes a banquette for dining as well as high-end stainless steel appliances.
The two bedrooms are of nearly equal size, each with adjacent bathrooms. The primary features a elegantly renovated en-suite marble bath, tiled from floor to ceiling, and with a window. The other bedroom has large windows and a bath that can be part of that bedroom’s suite, or, with the opening of a door, can serve as a guest bath. Owners have added new HVAC units to every major room. They are tastefully done, and eliminate the need for unsightly window units. Every room in this home offers open city views. With copious built-in and five closets--including one extra-large walk in—there is a place for everything.
Anyone who has been down East 79th Street appreciates the gorgeous deco façade of 240 East 79th, whose distinctive red brick accented by glazed terra-cotta tiles and green marble are truly one-of-a-kind. What you won’t see from the street is a common courtyard/garden for entertaining (including grilling!). The building is proximal to lots of boutiques, high-end dining as well as casual, and is only a few blocks to Central Park. It is also close to cross-town buses as well as the 77th Street subway.
Residents in this beguiling building enjoy a 24-hour doorman, live-in superintendent, laundry and storage facilities, as well as bike storage. The building permits pets, pieds-à-terres, and guarantors. Up to 75% financing permitted, and with board approval, washer/dryers are now welcome in the individual apartments.
Don’t miss this opportunity to see this special home. E-mail for an appointment now!
**Please note, some photos are virtually staged**
Home Features
- •Central Air
- •Common On Floor
- •Dishwasher
- •Hardwood
- •City
Estimated Monthly Payment
$9,827 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$20,685
Monthly savings impact
$57/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).
Similar Homes
239 East 79TH Street #4P, New York City, NY 10075
Listing Courtesy of Christies International Real Estate Group LLC
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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 Sothebys International Realty
Data Source: TRESTLE #RLS20057887
Price Analysis
Compare average listing prices and value metrics for 240 East 79th Street against the surrounding Upper East Side market.
Average List Price
Price Per SqFt
98.44% Lower
than the Upper East Side price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Upper East Side
Overview of 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.
Real Estate & Housing Market
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).
Lifestyle & Community
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.
Transportation & Accessibility
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.
Parks, Schools & Amenities
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.
Who This Neighborhood Is Best For
The Upper East Side is best for families, culture lovers, and anyone who wants a classic, safe, and green New York City experience.
