--- title: "508 East 78th Street #6K, New York City, NY 10075" description: "508 East 78th Street #6K, New York City, NY 10075 — Upper East Side, New York City, NY. Listing Price $379,000. Price Reduced: Reduced $21,000 (5.3%) from $400,000 on August 17, 2026. 1 bed, 1 bath 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-k-6K-ny-10075" source: "Real Estate Rebate Team" dateModified: "2026-09-15T22:01:33.686Z" status: "Active" --- # 508 East 78th Street #6K, New York City, NY 10075 Upper East Side, New York City, NY Courtesy of Compass Last updated: September 15, 2026, 6:01 PM ## At a Glance - **Listing Price**: $379,000 - **Price Reduced**: Reduced $21,000 (5.3%) from $400,000 on August 17, 2026 - **Beds**: 1 - **Baths**: 1 - **Common Charges**: $1,260 / mo - **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 #6K, New York City, NY 10075 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ce937065-875f-4a6a-a332-69ec1e48d0b7.png) ![508 East 78th Street #6K, New York City, NY 10075 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/042d55c7-5c25-42ff-9b57-ba1924318379.jpg) ![508 East 78th Street #6K, New York City, NY 10075 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d139b204-b534-4a1a-b443-3ca2c8059e15.jpg) ![508 East 78th Street #6K, New York City, NY 10075 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cf0e60b4-ab36-46d8-bae7-45333fd1ea55.jpg) ![508 East 78th Street #6K, New York City, NY 10075 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/75f7f623-579f-4f43-8862-b32056deacab.jpg) ![508 East 78th Street #6K, New York City, NY 10075 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b7097111-0e36-441d-b3c4-ff2eff4bb822.jpg) ![508 East 78th Street #6K, New York City, NY 10075 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/90c5be5c-3ba5-4d73-ac26-2fab1a80be8f.jpg) ![508 East 78th Street #6K, New York City, NY 10075 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d84d7a28-384a-4460-909b-a2800751e2f7.jpg) ![508 East 78th Street #6K, New York City, NY 10075 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e5b91079-b740-49f3-8e73-0f94474355dc.jpg) ![508 East 78th Street #6K, New York City, NY 10075 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fd488de6-7710-4d01-8709-e00763a40649.jpg) ## Property Overview This 6th-floor walk-up features south-facing, floor-to-ceiling windows that flood the space with natural light, giving it that elusive downtown loft feel—while being tucked away on a quiet, tree-lined block on the Upper East Side. It’s bright and open. Pre-finished parquet hardwood floors run seamlessly throughout. The kitchen is functional and positioned near a window for ventilation. The layout is smart, flexible, and surprisingly generous, offering a foyer, living room, dining nook, and a bedroom. Located in the Cherokee complex, the building features beautifully maintained courtyards, a live-in super, bike storage, central laundry, and a level of upkeep that quietly elevates day-to-day living. For investors—no sublet restrictions. Plus, you’re moments from Carl Schurz Park, across from John Jay Park, the East River promenade, and some of the best neighborhood amenities the Upper East Side has to offer. ## Property Details - **Property Type**: Co-op - **Beds**: 1 - **Baths**: 1 - **Rooms**: 3 - **Stories**: 6 - **Year Built**: 1910 - **Common Charges**: $1,260.03 / Monthly - **Listed On**: Jun 29, 2026 - **Days on Market**: 82 Days ### Residence Features - Common On Floor - Common Area - Private Outdoor Space Under 60 Sqft ## Estimated Monthly Payment **$3,176 / 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**: $1,260 Estimates only. Actual payments may vary. Confirm terms with your lender. ## 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%) - **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 Upper East Side | Year | Median sold price | Sales | | --- | --- | --- | | 2016 | $762,000 | 12 | | 2017 | $678,176 | 106 | | 2018 | $690,000 | 101 | | 2019 | $675,000 | 77 | | 2020 | $630,000 | 55 | | 2021 | $650,000 | 144 | | 2022 | $653,750 | 128 | | 2023 | $649,500 | 100 | | 2024 | $671,250 | 106 | | 2025 | $654,000 | 97 | | 2026 YTD | $652,500 | 50 | Based on recorded co-op one-bedroom sales in Upper East Side. 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 6K Review the recorded listing activity for 508 East 78th Street, Unit 6K, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $21,000, or 5.3%, on August 17, 2026 - **Originally listed**: April 1, 2026 at $400,000 - **Current asking price**: $379,000 | Date | Price | Listing event | | --- | --- | --- | | August 17, 2026 | $379,000 | Asking price reduced by $21,000, or 5.3% | | June 29, 2026 | $400,000 | Asking price reduced by $25,000, or 5.9% | | April 1, 2026 | $400,000 | Listed for sale by Compass | ## 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 5 active listings. - **Year Built**: 1905 - **Active Units**: 5 - **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 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [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 | 82 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 | 106 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 | 46 days | | [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 | 24 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 | 17 days | | [2E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10075/508-east-78th-street-e-2E-ny-10075) | 1 | 1 | — | — | $450,000 — In contract | Corcoran Group | Apr 9, 2026 | 163 days | ## 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 - [The Cherokee — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-cherokee) - [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.