Cherokee Apartments

Cherokee Apartments is a Co-op located 516 East 78th Street, in Upper East Side, New York. The building was first built in 1910 and is 114 years old. The building is currently considered a landmark so make sure to check it out when you're in the area. The lot that the building was built on is 225 feet wide and 102 feet long. The official lot area is listed as 22,987 square feet. The building itself is 105 feet wide and 86 feet long. In total, 516 East 78th Street has a total floor area of 98,580 square feet. Of that, 98,580 square feet are used for residential purposes. There are a total of 384 units. Of those, 384 are residential units. 516 East 78th Street has a total of 6 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. For your convenience, laundry is located in the building. Residents who own pets will be happy to hear that the building is pet-friendly. There are 325 closings on record, of which we have matching data for 28 listings. In the past 3 years, a listing in this building will typically remain on the market for about 122 days and tend to sell below the original asking price of $418,250 by 18.46%. Meaning, listings tend to sell at a median of $793 price per square foot. The transaction that took the longest to complete was unit 3H, listed on May 01, 2013 for $390,000. This particular unit ultimately sold 364 days later for $318,000. The most recent transaction was for unit 5I, sold for $360,000 on Nov 01, 2023. Fun fact, the oldest transaction we have on record took place on Jun 03, 1966. See the full transaction history for Cherokee Apartments below.

Upper East Side, where 516 East 78th Street is located, has a median asking price of $940,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $418,250. For interested buyers, that means the building's median asking price is around 0.56% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.