---
title: "408 East 79th Street #PHB, New York City, NY 10075"
description: "408 East 79th Street #PHB, New York City, NY 10075 — Upper East Side, New York City, NY. Last Sold Price $6,500,000. Sold on 9/15/2026. 5 bed, 6 bath, 3,562 sqft"
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10075/408-east-79th-street-phb-PHB-ny-10075"
source: "Real Estate Rebate Team"
dateModified: "2026-09-16T04:08:45.174Z"
status: "Closed"
---

# 408 East 79th Street #PHB, New York City, NY 10075

Upper East Side, New York City, NY

Courtesy of Sothebys International Realty

Last updated: September 16, 2026, 12:08 AM

## At a Glance

- **Last Sold Price**: $6,500,000
- **Status**: Sold on 9/15/2026
- **Beds**: 5
- **Total Baths**: 6
- **Sqft**: 3,562
- **Common Charges**: $7,084 / mo
- **Monthly Taxes**: $6,629 / mo
- **Price per Sqft**: $1,825
- **Brokerage Fee**: Share Eligible

This listing was successfully closed and is no longer active on the market.

[Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

## Photos (10)

![408 East 79th Street #PHB, New York City, NY 10075 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dc466b9d-b437-4438-9839-7079976f3bf0.jpg)
![408 East 79th Street #PHB, New York City, NY 10075 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c50b5f56-df77-4563-b8f5-45fe6e6f553a.jpg)
![408 East 79th Street #PHB, New York City, NY 10075 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/41298caf-3272-472b-aa9f-947f9912173f.jpg)
![408 East 79th Street #PHB, New York City, NY 10075 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f645d0db-e2de-423b-aee9-74911497d268.jpg)
![408 East 79th Street #PHB, New York City, NY 10075 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/01b3b56e-c712-453b-92e1-45f6840964c1.jpg)
![408 East 79th Street #PHB, New York City, NY 10075 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/97d187f7-7461-40f5-891c-80e005bac546.jpg)
![408 East 79th Street #PHB, New York City, NY 10075 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d4614488-b028-4ba5-b2c7-5a5b6469588d.jpg)
![408 East 79th Street #PHB, New York City, NY 10075 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cd2f66d4-ad45-453c-9943-15ce7c548e01.jpg)
![408 East 79th Street #PHB, New York City, NY 10075 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/641b3d3c-9507-4050-a2c3-544fb8d33086.jpg)
![408 East 79th Street #PHB, New York City, NY 10075 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/60892c41-1707-4d45-8e3a-5ecb1413c170.jpg)

## Property Overview

Welcome home to this stunning light-filled sanctuary, a magnificent 3,562 square foot duplex penthouse with an additional 1,000 square foot private rooftop terrace ideally situated in the Arcadia, one of the Upper East Side's premier full-service condominiums. Defined by sundrenched and expansive interior spaces, soaring 12-foot ceilings, and dramatic skyline views to the north, south, and east, this sophisticated 5-bedroom, 5.5-bathroom home in the sky has been masterfully designed both for versatile everyday living and elegant entertaining. Enter from the semi-private elevator landing into the loft-like living and dining spaces bathed in extraordinary natural light through walls of showstopping floor-to-ceiling windows. The double corner living room with sweeping views and a stately gas fireplace allows for multiple seating arrangements and flows wonderfully into the large dining room with East River views. Adjacent to the dining room and connected through a wet bar/coffee station, the recently renovated kitchen is flooded with light all day long. Certain to delight the most discerning chef, the kitchen is fitted with custom cabinetry, stone countertops, a center island with seating for four, and premium appliances including Sub-Zero refrigerator and wine cooler, Miele dishwasher, three wall-mounted Wolf ovens (including a steam convection oven and microwave), and Wolf cooktop with vented hood. A south-facing library/media room with ensuite bathroom (which could easily function as a 5th bedroom) and a lovely powder room for guests complete the upper level.

Perched above the penthouse is a spectacular private rooftop terrace, featuring breathtaking panoramic vistas to the north and east. With multiple seating and dining areas, irrigation, and an impressive outdoor kitchen with gas grill and three refrigerators, this urban oasis accommodates both intimate gatherings and grand entertaining for up to 100 guests.

One flight down the striking architectural staircase are the private quarters, housing four sun-filled bedrooms and a laundry room with a large LG washer and vented dryer. The primary suite offers comfort and tranquility and is highlighted by floor-to-ceiling windows and a huge spa-like windowed corner bathroom with double vanities, oversized soaking tub, glass-enclosed shower, radiant-heated floors, and skyline views north and east. Each of the three additional generously scaled bedrooms boasts well-appointed ensuite bathrooms, two with bathtubs and one with a glass stall shower. Custom millwork, gorgeous wood floors, sound system, enviable custom closets and storage space, and multi-zoned central cooling and heating further distinguish this rare and special offering.

Built in 2005 and designed by renowned architect Costas Kondylis, the Arcadia is an exclusive boutique condominium with only 48 residences and an impressive amenity suite. Recently renovated and reimagined, the building’s lobby, hallways and amenities have beautifully transformed. Residents enjoy a 24-hour doorman and concierge, library/entertainment suite with catering kitchen, fitness center, yoga studio, children's playroom, and bicycle storage. Easy access to all modes of transportation and moments from Carl Schurz Park, the East River Esplanade, Gracie Mansion, the finest museums, boutiques, and eateries. Pets under 75 pounds are welcome. Transfer fee is equal to 12 months of common charges. Taxes listed are for primary residents. Must be seen to fully appreciate!

## Property Details

- **Property Type**: Condominium
- **Beds**: 5
- **Total Baths**: 6
- **Rooms**: 9
- **Sqft**: 3,562 sqft
- **Stories**: 20
- **Year Built**: 2004
- **Price per Sqft**: $1,825
- **Common Charges**: $7,084 / Monthly
- **Monthly Taxes**: $6,629 / mo
- **Listed On**: Mar 12, 2026
- **Days on Market**: 189 Days

### Residence Features

- Common On Floor
- In Unit
- See Remarks
- Balcony
- Juliet Balcony
- Private Outdoor Space Over 60 Sqft
- Wet Bar
- Entrance Foyer
- High Ceilings
- Soaking Tub
- Bar
- Walk-In Closet(s)
- Cooktop
- Dryer
- Dishwasher
- Microwave
- Refrigerator
- Wine Cooler
- Washer
- Hardwood
- City
- River
- Water

### Building Amenities

- Clubhouse

## Estimated Monthly Payment

**$46,581 / month**, assuming a 20% down payment ($1,300,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $32,868
- **Property Taxes**: $6,629
- **Common Charges**: $7,084

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

18 apartments at Arcadia have recorded sales since September 2021, the most recent for $6,500,000 in September 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| PHB (Apartment) | 5 | 3,562 | $6,500,000 | $1,825/ft² | September 15, 2026 | MLS |
| [14B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10075/408-east-79th-street-b-14B-ny-10075) (Apartment) | 3 | 1,858 | $2,850,000 | $1,534/ft² | September 15, 2026 | MLS |
| 3B (Apartment) | 1 | 800 | $995,000 | $1,244/ft² | May 21, 2026 | City record · MLS |
| 7A (Apartment) | 3 | 2,300 | $3,350,000 | $1,457/ft² | December 18, 2025 | City record · MLS |
| 8B (Apartment) | 3 | 1,858 | $2,700,000 | $1,453/ft² | October 17, 2025 | City record · MLS |
| 17THFL (Apartment) | 4 | 3,836 | $5,800,000 | $1,512/ft² | July 30, 2025 | MLS |
| 17A (Apartment) | — | 1,875 | $5,600,000 | $2,987/ft² | July 29, 2025 | City record |
| 19-A (Apartment) | 2 | 1,685 | $2,340,000 | $1,389/ft² | July 14, 2025 | City record · MLS |
| 15A (Apartment) | 4 | 3,170 | $5,300,000 | $1,672/ft² | February 13, 2025 | City record · MLS |
| 3B (Apartment) | 1 | 800 | $1,000,000 | $1,250/ft² | September 27, 2024 | City record · MLS |
| 5D (Apartment) | 1 | 810 | $999,000 | $1,233/ft² | July 29, 2024 | City record · MLS |
| PHA-D (Apartment) | — | 3,560 | $6,480,000 | $1,820/ft² | July 25, 2024 | City record |
| 10B (Apartment) | — | 1,858 | $2,300,000 | $1,238/ft² | January 22, 2024 | City record |
| 16A (Apartment) | 3 | 1,875 | $3,300,000 | $1,760/ft² | June 14, 2023 | City record · MLS |
| 16B (Apartment) | 3 | 1,961 | $1,438,968 | $734/ft² | December 26, 2022 | City record |
| 3A (Apartment) | 2 | 1,465 | $1,825,000 | $1,246/ft² | November 21, 2022 | City record · MLS |
| 8B (Apartment) | 3 | 1,858 | $2,880,000 | $1,550/ft² | November 9, 2021 | City record · MLS |
| 7-C (Apartment) | 2 | 1,472 | $1,825,000 | $1,240/ft² | October 12, 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

- **Last sold price**: $6,500,000
- **Median sold price**: $9,000,000
- **Difference**: -$2,500,000 (-27.8%)
- **Last sold, $/ft²**: $1,825
- **Median $/ft²**: $2,772
- **Comparable sales**: 5
- **Sales from**: May 2025 – May 2026
- **Middle half of those sales**: $8,400,000 – $11,735,563

Based on condo five-bedroom sales in Upper East Side.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Upper East Side instead.

### How these sales were negotiated

- **Sale-to-list price**: 102.7% (5 sales)
- **Sold below asking**: 40% (5 sales)
- **Typical time to find a buyer**: 233 days (5 sales)
- **Typical time to close**: 63 days (3 sales)

Based on condo five-bedroom sales in Upper East Side with the required listing and closing data. Sample sizes vary by metric.

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.

### Price trend

Median price per square foot, sales at Arcadia

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2017 | $1,553/ft² | 3 (thin) |
| 2021 | $1,398/ft² | 5 |
| 2024 | $1,244/ft² | 4 (thin) |
| 2025 | $1,457/ft² | 5 |

Based on recorded sales at Arcadia.

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.

Sales data through September 2026.

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 Arcadia](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/arcadia)

## Price and Property History for 408 East 79th Street, Unit PHB

Review the recorded listing activity for 408 East 79th Street, Unit PHB, including asking-price changes and prior market dates.

- **Originally listed**: February 7, 2026 at $6,800,000
- **Entered contract**: May 4, 2026
- **Last sold**: $7,150,000 on June 26, 2019

| Date | Price | Listing event |
| --- | --- | --- |
| May 4, 2026 | $6,800,000 | Entered contract |
| February 7, 2026 | $6,800,000 | Listed for sale by Sothebys International Realty |
| June 26, 2019 | $7,150,000 | Sold |
| April 12, 2019 | $8,495,000 | Listed for sale by The Corcoran Group |
| May 7, 2015 | $8,100,000 | Sold |
| October 27, 2014 | $8,100,000 | Asking price reduced by $395,000, or 4.6% |
| June 19, 2014 | $8,650,000 | Listed for sale by The Corcoran Group |

## Property Tax History

Taxes at 408 East 79th Street #PHB were $97,117 in 2026, down 3.3% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $776,937 | $76,667 | $700,270 | $776,937 | $97,117 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $887,516 | $76,667 | $810,849 | $803,846 | $100,481 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $834,795 | $76,667 | $758,128 | $800,459 | $100,057 | 12.5% |
| 2023 (FY 2023/24) | $800,193 | $76,667 | $723,526 | $793,873 | $65,166 after $34,084 abatement | 12.502% |
| 2022 (FY 2022/23) | $788,590 | $76,667 | $711,923 | $788,590 | $29,108 after $67,628 abatement | 12.267% |
| 2021 (FY 2021/22) | $767,763 | $76,667 | $691,096 | $767,763 | $28,094 after $65,842 abatement | 12.235% |
| 2020 (FY 2020/21) | $850,000 | $76,667 | $773,333 | $769,005 | $94,334 | 12.267% |
| 2019 (FY 2019/20) | $830,885 | $76,667 | $754,218 | $734,084 | $91,562 | 12.473% |
| 2018 (FY 2018/19) | $801,853 | $76,666 | $725,187 | $690,806 | $87,124 | 12.612% |
| 2017 (FY 2017/18) | $738,808 | $76,666 | $662,142 | $655,559 | $83,381 | 12.719% |
| 2016 (FY 2016/17) | $713,176 | $76,667 | $636,509 | $634,337 | $66,912 | 12.892% |
| 2015 (FY 2015/16) | $646,374 | $76,666 | $569,708 | $616,413 | $65,018 | 12.883% |
| 2014 (FY 2014/15) | $614,507 | $76,667 | $537,840 | $603,671 | $49,531 | 12.855% |
| 2013 (FY 2013/14) | $601,243 | $76,666 | $524,577 | $592,191 | $49,743 | 13.145% |
| 2012 (FY 2012/13) | $596,388 | $76,667 | $519,721 | $574,674 | $34,867 | 13.181% |
| 2011 (FY 2011/12) | $640,931 | $76,667 | $564,264 | $568,763 | $35,216 | 13.433% |
| 2010 (FY 2010/11) | $582,664 | $76,666 | $505,998 | $582,878 | $21,736 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner.

Figures are the New York City Department of Finance assessment roll for tax lot 1014731636. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### Arcadia

408 East 79th Street, New York, NY 10075

A building in the neighborhood, currently featuring 3 active listings.

- **Year Built**: 2004
- **Active Units**: 3
- **Floors**: 20

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/arcadia)

### Available Residences — For Sale (3)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [5A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10075/408-east-79th-street-a-5A-ny-10075) | 2 | 2 | 1,474 sqft | $1,349 | $1,988,000 | Douglas Elliman Real Estate | Apr 17, 2026 | 153 days |
| [14C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10075/408-east-79th-street-c-14C-ny-10075) | 3 | 3 | 1,608 sqft | $1,552 | $2,495,000 (-2.1%) | Douglas Elliman Real Estate | May 4, 2026 | 136 days |
| [3A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10075/408-east-79th-street-a-3A-ny-10075) | 2 | 2 | 1,465 sqft | $1,365 | $1,999,000 (-5.9%) | UbiQ NY Ltd | Jun 26, 2026 | 83 days |

### Recently Sold (2)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [PHB](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10075/408-east-79th-street-phb-PHB-ny-10075) | 5 | 6 | 3,562 sqft | $1,825 | $6,500,000 | Sothebys International Realty | Mar 12, 2026 | Sep 15, 2026 |
| [14B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10075/408-east-79th-street-b-14B-ny-10075) | 3 | 3 | 1,858 sqft | $1,534 | $2,850,000 | Compass | Apr 20, 2026 | Sep 15, 2026 |

## Upper East Side

Overview of Upper East Side

[Explore Upper East Side](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Upper East Side

- [Central Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/central-park)
- [Roosevelt Island real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/roosevelt-island)
- [Upper West Side real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-west-side)
- [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown)
- [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district)
- [East Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem)

## Related Links

- [Arcadia — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/arcadia)
- [Upper East Side neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side)
- [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.