--- title: "508 East 78th Street #1M, New York City, NY 10075" description: "508 East 78th Street #1M, New York City, NY 10075 — Lenox Hill, New York City, NY. Listing Price $379,000. 1 bed, 1 bath, 330 sqft Illustrative Buyer Commission Share of $5,685 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10075/508-east-78th-street-1m-ny-10075" source: "Real Estate Rebate Team" dateModified: "2026-08-26T16:42:07.155Z" status: "Active" --- # 508 East 78th Street #1M, New York City, NY 10075 Lenox Hill, New York City, NY Courtesy of Corcoran Group Last updated: August 26, 2026, 12:42 PM ## At a Glance - **Listing Price**: $379,000 - **Beds**: 1 - **Baths**: 1 - **Sqft**: 330 - **Common Charges**: $1,318 / mo - **Price per Sqft**: $1,148 - **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**: $379,000 - **Illustrative Buyer Commission Share**: -$5,685* - **Illustrative Net Cost**: $373,315 *Illustrative Buyer Savings of $5,685 — 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 (10) ![508 East 78th Street #1M, New York City, NY 10075 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/50290ed3-0276-4c04-967e-9d24d368dc67.jpg) ![508 East 78th Street #1M, New York City, NY 10075 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b7decb38-c16f-460e-82a0-3ba35e501150.jpg) ![508 East 78th Street #1M, New York City, NY 10075 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fd2bd7b2-32f7-4d9b-848d-1c53e8503b6f.jpg) ![508 East 78th Street #1M, New York City, NY 10075 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3c12d1fd-c833-41aa-be52-79a410df901d.jpg) ![508 East 78th Street #1M, New York City, NY 10075 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7472dd99-23dd-48fb-a483-2c4f6f4658e2.jpg) ![508 East 78th Street #1M, New York City, NY 10075 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/034902e9-a0e9-4a3e-86c4-377a367c952a.jpg) ![508 East 78th Street #1M, New York City, NY 10075 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/43866be8-3c4e-4b4e-bbde-180a8e8447a6.jpg) ![508 East 78th Street #1M, New York City, NY 10075 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/79710992-01bd-4c66-adfe-80b66d51810d.jpg) ![508 East 78th Street #1M, New York City, NY 10075 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/15e02dfe-d6db-4219-8557-5c127227836f.jpg) ![508 East 78th Street #1M, New York City, NY 10075 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a75ca558-9caf-4c23-9af1-951b1eaee537.jpg) ## Property Overview Historic Upper East Side Charm at The Cherokee New to Market..Move right into this large one bedroom at the Iconic Cherokee. A glorious pre-war Beaux Arts landmark building on the Upper East Side. This gorgeous building exudes old world charm and is infused with an elegant European Ambiance. This charming one-bedroom residence seamlessly blends prewar character with everyday comfort. Featuring exposed brick, floor-to-ceiling triple-sashed windows, hardwood floors, and soaring 9-foot ceilings, the apartment offers warmth, character, and abundant natural light. Designed by renowned architect Henry Atterbury Smith, The Cherokee is celebrated for its extraordinary architectural details, including grand archways, stunning Guastavino tile work, beautifully landscaped courtyards, and dramatic open stairwells. Its distinctive character has made it a sought-after filming location for numerous acclaimed productions featuring celebrated actors and directors, including Robert De Niro, Angelina Jolie, Matt Damon, Denzel Washington, Naomi Watts, Woody Allen, and Kenneth Branagh. Nestled within The Cherokee, one of the Upper East Side's most beloved Beaux-Arts landmarks, this home enjoys a prime location just moments from John Jay Park and the East River Promenade. Residents have easy access to athletic courts, miles of waterfront biking and running paths, and an Olympic-sized outdoor swimming pool during the summer months. World-class dining, shopping, and cultural attractions are all nearby, with convenient access to the Q and 6 subway lines, as well as uptown, downtown, and crosstown buses just one block away. Residents enjoy a full suite of amenities, including a dedicated staff of superintendents and porters, an intercom system, laundry facilities, bicycle storage, private storage lockers, and a package room. For added peace of mind, the building is staffed by a security guard during evening hours. Low monthly maintenance includes all utilities, including gas, electricity, heat, and hot water. The Cherokee is a financially sound cooperative with no flip tax . The building welcomes investors, pied-à-terre buyers, guarantors, parents purchasing for kids, subletting, and pets, offering exceptional flexibility for a variety of ownership needs. ## Property Details - **Property Type**: Co-op - **Beds**: 1 - **Baths**: 1 - **Rooms**: 2 - **Sqft**: 330 sqft - **Stories**: 6 - **Year Built**: 1910 - **Price per Sqft**: $1,148 - **Common Charges**: $1,318 / Monthly - **Listed On**: Aug 26, 2026 - **Days on Market**: 21 Days ### Residence Features - Building Other - High Ceilings - Washer Dryer Allowed ## Sales and market data ### Recent sales 11 apartments at The Cherokee have recorded sales since September 2021, the most recent for $550,000 in June 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sold Price | Sold | Source | | --- | --- | --- | --- | --- | | 1N (Apartment) | 1 | $550,000 | June 10, 2026 | City record · MLS | | 1M (Apartment) | 1 | $360,000 | April 29, 2026 | City record · MLS | | 2E (Apartment) | 1 | $360,000 | December 10, 2025 | City record · MLS | | 3P (Apartment) | — | $475,000 | December 4, 2024 | City record | | 2J (Apartment) | — | $535,000 | May 10, 2024 | City record | | 2G (Apartment) | 1 | $445,000 | April 12, 2024 | City record · MLS | | 2-I (Apartment) | Studio | $416,500 | August 18, 2023 | City record · MLS | | 1M (Apartment) | 1 | $350,000 | August 3, 2023 | City record · MLS | | 6I (Apartment) | — | $400,000 | September 21, 2022 | City record | | 6A (Apartment) | Studio | $305,000 | February 2, 2022 | City record · MLS | | 5O (Apartment) | — | $353,691 | January 21, 2022 | City record | 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 - **This home**: $379,000 - **Median sold price**: $360,000 - **Difference**: +$19,000 (+5.3%) - **This home, $/ft²**: $1,148 - **Comparable sales**: 5 - **Sales from**: August 2023 – June 2026 - **Middle half of those sales**: $360,000 – $445,000 Based on one-bedroom sales at The Cherokee. Square footage is recorded for only 0 of these 5 sales (0%), 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. ### How these sales were negotiated - **Sale-to-list price**: 94.6% (5 sales) - **Sold below asking**: 60% (5 sales) - **Typical time to find a buyer**: 120 days (4 sales) - **Typical time to close**: 55 days (5 sales) Based on one-bedroom sales at The Cherokee 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 one-bedroom sales in Lenox Hill | Year | Median sold price | Sales | | --- | --- | --- | | 2016 | $695,000 | 39 | | 2017 | $717,000 | 165 | | 2018 | $728,750 | 152 | | 2019 | $699,000 | 145 | | 2020 | $662,500 | 108 | | 2021 | $685,000 | 234 | | 2022 | $718,000 | 229 | | 2023 | $675,000 | 163 | | 2024 | $675,000 | 168 | | 2025 | $675,000 | 174 | | 2026 YTD | $652,966 | 90 | Based on recorded co-op one-bedroom sales in Lenox Hill. 2026 is year-to-date. Sales data through June 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 The Cherokee](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-cherokee) ## Price and Property History for 508 East 78TH Street, Unit 1M Review the recorded listing activity for 508 East 78TH Street, Unit 1M, including asking-price changes and prior market dates. - **Last sold (recorded)**: $360,000 on April 29, 2026 | Date | Price | Listing event | | --- | --- | --- | | August 26, 2026 | $379,000 | Listed for sale by Corcoran Group | | May 5, 2026 | $350,000 | Listed for sale by Corcoran Group | | April 29, 2026 | $360,000 | Sold — recorded sale price | | March 4, 2026 | $360,000 | Entered contract | | August 3, 2023 | $350,000 | Sold — recorded sale price | | June 9, 2023 | $350,000 | Entered contract | | May 2, 2023 | $369,999 | Listed for sale by Corcoran Group | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 286 apartments. The corporation’s 2026 property tax bill was $1,730,698 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for The Cherokee](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-cherokee) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### The Cherokee Lenox Hill · Stock Cooperative 517 East 77th Street, New York, NY 10021 A building in Lenox Hill, currently featuring 6 active listings. - **Year Built**: 1905 - **Total Units**: 6 - **Floors**: 6 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-cherokee) ### Available Residences — For Sale (6) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [1M](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10075/508-east-78th-street-1m-ny-10075) | 1 | 1 | 330 sqft | $1,148 | $379,000 | Corcoran Group | Aug 26, 2026 | 21 days | | [6K](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10075/508-east-78th-street-k-6K-ny-10075) | 1 | 1 | — | — | $379,000 (-5.3%) | Compass | Jun 29, 2026 | 79 days | | [2E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10075/508-east-78th-street-e-2E-ny-10075) | 1 | 1 | — | — | $450,000 | Corcoran Group | Apr 9, 2026 | 160 days | | [4JI](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10021/517-east-77th-street-ji-4JI-ny-10021) | 3 | 2 | — | — | $1,300,000 (-3.7%) | Corcoran Group | Jun 5, 2026 | 103 days | | [4D](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10075/516-east-78th-street-4d-ny-10075) | 2 | 1 | — | — | $489,000 | Douglas Elliman Real Estate | Aug 4, 2026 | 43 days | | [3C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10075/516-east-78th-street-3c-ny-10075) | 1 | 1 | — | — | $465,000 | Corcoran Group | Sep 2, 2026 | 14 days | ## Estimated Monthly Payment **$3,234 / month**, assuming a 20% down payment ($75,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $1,916 - **Common Charges**: $1,318 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 Cherokee — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-cherokee) - [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.