--- title: "505 East 79th Street #7L, New York City, NY 10075" description: "505 East 79th Street #7L, New York City, NY 10075 — Upper East Side, New York City, NY. Last Sold Price $1,250,000. Sold on 9/4/2026. 2 bed, 2 bath, 1,250 sqft" url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10075/505-east-79th-street-l-7L-ny-10075" source: "Real Estate Rebate Team" dateModified: "2026-09-05T05:58:16.475Z" status: "Closed" --- # 505 East 79th Street #7L, New York City, NY 10075 Upper East Side, New York City, NY Courtesy of Compass Last updated: September 5, 2026, 1:58 AM ## At a Glance - **Last Sold Price**: $1,250,000 - **Status**: Sold on 9/4/2026 - **Beds**: 2 - **Baths**: 2 - **Sqft**: 1,250 - **Common Charges**: $3,218 / mo - **Price per Sqft**: $1,000 - **Brokerage Fee**: Share Eligible This listing was successfully closed and is no longer active on the market.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 (9) ![505 East 79th Street #7L, New York City, NY 10075 — photo 1 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9f4eaa10-9308-4dc5-8859-146907cd1a4d.jpg) ![505 East 79th Street #7L, New York City, NY 10075 — photo 2 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5ac28b92-ffbd-422a-a9e8-36c423a0eb7d.jpg) ![505 East 79th Street #7L, New York City, NY 10075 — photo 3 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2f45a94d-996f-47c0-b199-1bacb326c2e5.jpg) ![505 East 79th Street #7L, New York City, NY 10075 — photo 4 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ad845cd0-f9a9-4a7e-a736-6eb8ed9083f9.jpg) ![505 East 79th Street #7L, New York City, NY 10075 — photo 5 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/298c4bf6-bf9c-45ec-91d0-2e88435e26e8.jpg) ![505 East 79th Street #7L, New York City, NY 10075 — photo 6 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bab040a4-dfba-4411-b521-b0ee4f0ac7ae.jpg) ![505 East 79th Street #7L, New York City, NY 10075 — photo 7 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9de99e2d-226a-4763-9fd9-03a01bceabe0.jpg) ![505 East 79th Street #7L, New York City, NY 10075 — photo 8 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9bd7a358-5545-4e17-b4e8-27189175b5d5.jpg) ![505 East 79th Street #7L, New York City, NY 10075 — photo 9 of 9](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/addcdd9b-d960-4539-8e55-19f2832d8f49.jpg) ## Property Overview Discover this sun-filled classic Upper East Side 2-bedroom, 2-bathroom home with a south-facing balcony, offering the perfect blend of space, tranquility, and stunning craftsmanship, ideal for family living. The home features two generously sized split bedrooms, providing privacy, and a living room with an adjoining dining area that opens onto a spacious balcony. The low-rise, landmark-designated buildings across the broad, tree-lined street ensure beautiful sunny southern views and exposures. This elegantly designed residence boasts immaculate finishes, starting with a gracious foyer that leads to an expansive living room with a sizable dining area. The chef’s kitchen is impressive, equipped with custom cabinetry and top-tier stainless steel appliances, including a Sub-Zero refrigerator, a Wolf oven, a Miele dishwasher, a GE Profile microwave, a wine cooler, and marble countertops. The apartment is filled with natural light and features central air conditioning, large windows, and hardwood floors. It features two beautifully appointed full bathrooms, ample closets, and storage space. Washer/dryer installation is permitted on a case-by-case basis, subject to approval by the board. East River House is an elegant, well-established co-op with excellent financials, allowing guarantors, gifting, and co-purchasing options on a case-by-case basis, all subject to board approval. Pets are allowed with board approval. It also features a 24-hour attended garage (with a waiting list) and a wonderful superintendent and staff. Currently, there is an assessment of $203.25 to upgrade the chiller for the HVAC It will be much more efficient after the replacement. Local Law 11 is currently underway. East River House is conveniently located near public and private schools, Carl Schurz and John Jay Parks, the public library, and the post office. All your essential needs, such as D'Agostino's, Duane Reade, Chase Bank, Starbucks, and Agata & Valentina Fine Foods, are conveniently located nearby. Public transportation options are plentiful, with buses M31, M79, and Wall Street Taxi Share-a-Ride available at the corner of 79th Street and York Avenue, and subway access with the Q train at 83rd Street and 2nd Avenue, and the #6 train at 77th Street and Lexington. Some images are virtually enhanced with lighter furniture/furnishings. ## Property Details - **Property Type**: Co-op - **Beds**: 2 - **Baths**: 2 - **Rooms**: 5 - **Sqft**: 1,250 sqft - **Stories**: 19 - **Year Built**: 1963 - **Price per Sqft**: $1,000 - **Common Charges**: $3,218 / Monthly - **Listed On**: Mar 20, 2026 - **Days on Market**: 182 Days ### Residence Features - Central Air - Building Washer Dryer Install Allowed - Common On Floor - Common Area - Garage - Balcony - Private Outdoor Space Over 60 Sqft - Built-in Features - Walk-In Closet(s) - Dishwasher - Gas Cooktop - Stainless Steel Appliance(s) - Wine Cooler - Parquet - City ### Building Amenities - Garage ## Estimated Monthly Payment **$9,539 / month**, assuming a 20% down payment ($250,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $6,321 - **Common Charges**: $3,218 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### How this price compares - **Last sold price**: $1,250,000 - **Median sold price**: $1,360,000 - **Difference**: -$110,000 (-8.1%) - **Last sold, $/ft²**: $1,000 - **Comparable sales**: 186 - **Sales from**: September 2024 – July 2026 - **Middle half of those sales**: $999,000 – $1,747,500 Based on co-op two-bedroom sales in Upper East Side. Square footage is recorded for only 55 of these 186 sales (30%), 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. 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**: 97.3% (176 sales) - **Sold below asking**: 69% (176 sales) - **Typical time to find a buyer**: 64 days (179 sales) - **Typical time to close**: 96 days (177 sales) Based on co-op two-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 sale price, co-op two-bedroom sales in Upper East Side | Year | Median sold price | Sales | | --- | --- | --- | | 2016 | $1,225,000 | 25 | | 2017 | $1,299,500 | 88 | | 2018 | $1,340,000 | 79 | | 2019 | $1,300,000 | 75 | | 2020 | $1,299,000 | 41 | | 2021 | $1,275,000 | 141 | | 2022 | $1,374,250 | 120 | | 2023 | $1,300,000 | 99 | | 2024 | $1,270,000 | 99 | | 2025 | $1,350,000 | 99 | | 2026 YTD | $1,417,500 | 54 | Based on recorded co-op two-bedroom sales in Upper East Side. 2026 is year-to-date. Sales data through July 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. ## Price and Property History for 505 East 79th Street, Unit 7L Review the recorded listing activity for 505 East 79th Street, Unit 7L, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $45,000, or 3.5%, on September 4, 2026 - **Originally listed**: May 12, 2025 at $1,350,000 - **Last sold**: $1,250,000 on September 4, 2026 | Date | Price | Listing event | | --- | --- | --- | | September 4, 2026 | $1,250,000 | Sold | | September 4, 2026 | $1,250,000 | Asking price reduced by $45,000, or 3.5% | | June 17, 2026 | $1,295,000 | Entered contract | | March 20, 2026 | $1,295,000 | Returned to the market | | March 20, 2026 | $1,295,000 | Asking price reduced by $55,000, or 4.1% | | May 12, 2025 | $1,350,000 | Listed for sale by Compass | ## 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 - [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.