Check Availability
$365,000
↓ $30K (7.6%)
Co-op - For Sale

508 E 78TH Street #2M

Manhattan, NY 10075
bedrooms
1 Bed
bathrooms
1 Bath
$3,049
Est. Monthly
$1,256
HOA / Fees
8.35%
Cap Rate

About This Property

PRICE DROP TO SELL, MOTIVATED SELLER, converted one bedroom, one bath apartment located at the magnificent 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.

Perched on the 2nd floor (non-elevator) this beautiful apartment boasts high ceilings new, hardwood floors and an oversized floor to ceiling window. The apartment features a renovated kitchen with stainless steel appliances and new hardwood cabinets. Great  for investors as a rental income, or as your perfect Upper East Side First Home.

The Cherokee features a live-in super, video intercom system, overnight security, bicycle room, central storage room, a landscaped courtyard, and a new laundry room. Utilities: gas & electric, heat and hot water are included in the maintenance. Pied a terres,  Investors, Parents buying, co-purchasers and guarantors are all permitted. Pets are most welcome!! Steps away from John Jay Park and the East River promenade makes this apartment a must have.

The Upper East Side has a burgeoning restaurant scene with numerous dining options ranging from Quality Eats, Uva wine bar, Penrose and newcomers Thep and Mission Ceviche which are really thriving. Boutique gourmet food store options include Citarella, Agata  & Valentina and the newly renovated Gracie's that added a wine bar. On a larger scale, Whole Foods and Fairway are only blocks away. Orwasher's Bakery (voted the #1 baguette by Time Out NY) is just around the corner and has been baking the classic black-and-white  cookie since 1916 - soft and pillowy with a touch of lemon zest! And why not try the fabulous Pink Berry.
Unit Size
-
Days on Market
97 days
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$1,256
Year Built
1910

Payment Calculator

Cap Rate Calculator

Last updated: 12 days ago (RLS #RLS20014303)

Price History

Date / Event Date Event Price
Jun 27, 2025 Price Decreased $365,000
↓ $30K (7.6%)
Price Decreased
Apr 4, 2025 Listed by Corcoran Group $395,000
Listed by Corcoran Group
Oct 25, 2017 Sold to Suzanne Powell Bishopric, W...
Sold to Suzanne Powell Bishopric, W...
Jun 17, 2016 Sold to Stacie Deiner
Sold to Stacie Deiner
Nov 14, 2005 Sold to Donal Harte
Sold to Donal Harte
Show More

Property Highlights

Elevator
Interior Details
Full Bathrooms: 1
Appliances: WasherDryerAllowed
Laundry Features: BuildingNone
Rooms: 2
Basement: Other
Exterior Details
Architectural Style: WalkUp
Year Built: 1910
Building Name: The Cherokee
Patio and Porch Features: None
Tax Lot: 0037
Location Details
HOA Fee: $1,256
HOA Fee Frequency: Monthly

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Co-op
1 Bed
1 Bath
500 ft²
$760/ft²
$380,000 Mar 1, 2017
- Feb 5, 2021
$987/mo
Co-op
1 Bed
1 Bath
-
$385,000 Apr 23, 2014
$385,000 Feb 5, 2021
$991/mo
Co-op
1 Bed
1 Bath
-
$390,000 Jun 28, 2013
$390,000 Oct 22, 2013
$972/mo
Co-op
1 Bed
1 Bath
-
$400,000 Nov 5, 2021
$400,000 Feb 18, 2022
$1,050/mo
Co-op
1 Bed
1 Bath
375 ft²
$1,067/ft²
$400,000 Sep 23, 2014
$400,000 Feb 18, 2015
$991/mo
Co-op
1 Bed
1 Bath
-
$355,000 Aug 17, 2024
$355,000 Oct 1, 2024
$1,181/mo
Co-op
1 Bed
1 Bath
-
$399,000 Sep 16, 2024
-
$1,352/mo
Co-op
1 Bed
1 Bath
-
$385,000 Dec 3, 2024
-
$1,479/mo
Co-op
1 Bed
1 Bath
-
$450,000 Jan 29, 2025
-
$1,988/mo
Co-op
1 Bed
1 Bath
-
$365,000 Feb 12, 2025
-
$1,756/mo
Co-op
1 Bed
1 Bath
-
$440,000 Dec 3, 2023
-
$1,435/mo
Co-op
1 Bed
1 Bath
-
$420,000 Nov 25, 2024
-
$1,095/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20241112 Unit 5D
11/12/2024
5D
1 Bed
1 Bath
-
$500,000
bedrooms
1 Bed
bathrooms
1 Bath
$500,000
03/04/2025
-
Janine Young
The Corcoran Group
20240920 Unit 3B
09/20/2024
3B
2 Bed
1 Bath
-
$875,000
bedrooms
2 Bed
bathrooms
1 Bath
$835,000 -4.57%
06/14/2025
-
GRACE MIGLIO
Corcoran Group
20220516 Unit 4JK
05/16/2022
4JK
3 Bed
2 Bath
-
$1,025,000
bedrooms
3 Bed
bathrooms
2 Bath
$950,000 -7.32%
10/14/2022
-
Katie Thurber
Serhant
20210830 Unit 4P
08/30/2021
4P
Studio
1 Bath
-
$395,000
bedrooms
Studio
bathrooms
1 Bath
$385,000 -2.53%
06/09/2022
-
Mary Anne Fusco
Elliman
20210624 Unit 4BC
06/24/2021
4BC
3 Bed
2 Bath
-
$999,500
bedrooms
3 Bed
bathrooms
2 Bath
$999,500
09/17/2021
-
Nicholas Oliver
Modern Spaces, LLC
20201109 Unit 5D
11/09/2020
5D
1 Bed
1 Bath
-
$499,000
bedrooms
1 Bed
bathrooms
1 Bath
$475,000 -4.81%
06/25/2021
-
Ben Garama
Corcoran Group
20181002 Unit 1B
10/02/2018
1B
2 Bed
1 Bath
915 ft²
$719,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
915 ft²
$730,000 +1.53%
01/04/2019
-
Douglas Perlson
RealDirect Brokerage Services
20180126 Unit 4BC
01/26/2018
4BC
3 Bed
2 Bath
-
$1,348,000
bedrooms
3 Bed
bathrooms
2 Bath
$989,000 -26.63%
07/02/2018
-
Kevin Moore
WNY Metro Roberts Realty
20170301 Unit 5C
03/01/2017
5C
1 Bed
1 Bath
500 ft²
$380,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
500 ft²
$380,000
02/05/2021
-
Satsuki Yasuda
Relo Redac, Inc
20150417 Unit 1B
04/17/2015
1B
2 Bed
1 Bath
915 ft²
$609,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
915 ft²
-
-
-
Douglas Perlson
Perlson Douglas J
20141103 Unit 3A
11/03/2014
3A
1 Bed
1 Bath
-
$355,000
bedrooms
1 Bed
bathrooms
1 Bath
$355,000
02/05/2021
-
Gary Posylkin
UpNext Real Estate
20140905 Unit 6A
09/05/2014
6A
1 Bed
1 Bath
-
$365,000
bedrooms
1 Bed
bathrooms
1 Bath
$365,000
06/04/2015
-
Leasing Office 15 Cliff
Rose Associates Inc
20140722 Unit 4I
07/22/2014
4I
1 Bed
1 Bath
-
$375,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Gary Posylkin
UpNext Real Estate
20140603 Unit 2GH
06/03/2014
2GH
2 Bed
2 Bath
-
$730,000
bedrooms
2 Bed
bathrooms
2 Bath
$750,000 +2.74%
11/06/2014
-
Miriam Cortazzo
Miriam Cortazzo RE
20140425 Unit 3K
04/25/2014
3K
2 Bed
1 Bath
-
$375,000
bedrooms
2 Bed
bathrooms
1 Bath
$380,000 +1.33%
02/05/2021
-
Gary Posylkin
UpNext Real Estate
20140423 Unit 4E
04/23/2014
4E
1 Bed
1 Bath
-
$375,000
bedrooms
1 Bed
bathrooms
1 Bath
$385,000 +2.67%
02/05/2021
-
Gary Posylkin
UpNext Real Estate
20130404 Unit 4N
04/04/2013
4N
1 Bed
1 Bath
-
$365,000
bedrooms
1 Bed
bathrooms
1 Bath
$355,000 -2.74%
10/09/2013
-
-
20130301 Unit 5D
03/01/2013
5D
1 Bed
1 Bath
600 ft²
$365,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
600 ft²
$365,000
02/05/2021
-
Leasing Office 15 Cliff
Rose Associates Inc
20120920 Unit 3M
09/20/2012
3M
1 Bed
1 Bath
-
$275,000
bedrooms
1 Bed
bathrooms
1 Bath
-
-
-
Carol W. Landon
Prudential Douglas Elliman Real Estate
20120920 Unit 6G
09/20/2012
6G
1 Bed
1 Bath
550 ft²
$285,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
550 ft²
-
-
-
Brian Meier
Berkshire Hathaway HomeServices New York Properties

Building Info

Cherokee Apartments 508 East 78th Street, New York, NY 10075
  • 384 Units
  • 2 Units for Sale
More about this Building
508 East 78th Street
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