New York (Yorkville), NY, 10075 | $1,495,000

Perched high on the 14th floor and bathed in natural light from three open exposures, this expansive two-bedroom (with three-bedroom flexibility), two-bathroom residence offers refined living in one of the Upper East Side’s most coveted locations. Graciously proportioned and thoughtfully designed, the home blends timeless elegance with contemporary comfort. A wide entry gallery welcomes you—an ideal space for art display or added storage—setting a tone of quiet sophistication from the moment you arrive. Flowing seamlessly from the gallery is an expansive, open-concept living and dining area, enhanced by a custom built-in media wall and integrated cabinetry. Measuring approximately 20'2" x 24'6", the scale and ceiling height evoke a loft-like ambiance rarely found in postwar construction. The adjacent dining alcove, currently open to the living area, can easily be enclosed to create a third bedroom, home office, or den—offering extraordinary flexibility without compromising the airy layout. Thoughtful details abound, including pristine hardwood floors, recessed lighting and an abundance of custom closets that elevate both functionality and design. Furniture placement options are plentiful, with a natural flow that invites both grand entertaining and quiet retreat. The recently renovated windowed Chef’s kitchen is a study in clean architectural lines, featuring stone countertops, premium stainless-steel appliances, and chic hardware. Sunlight pours in through a window at the far end, adding warmth and depth to the space. Both bedrooms are generously scaled and thoughtfully positioned for privacy. The corner primary suite enjoys dual exposures, two oversized closets, and a windowed en-suite bathroom appointed with classic tilework, a full vanity, and a deep soaking tub—a peaceful, spa-like sanctuary. The second bedroom is equally impressive, comfortably accommodating two full beds with room to spare, and includes excellent storage. A second full bathroom, located off the hallway, features timeless finishes and exceptional utility for residents and guests alike. Building Features & Location 501 East 79th Street is a full-service, pet-friendly cooperative offering 20 stories and 139 residences. Built in 1959 as a coop, the building has undergone comprehensive upgrades, including a facade restoration, new elevators, redesigned lobby, and a beautifully landscaped roof deck. Residents enjoy a 24-hour doorman, live-in resident manager, bike storage, central laundry, and an on-site garage (waitlisted). The building allows up to 70% financing, charges no flip tax, and offers remarkably low maintenance inclusive of utilities. Pied-a-terre buyers are permitted. Perfectly positioned near Carl Schurz Park, the East River Esplanade, John Jay Park, and an array of transportation options, restaurants, markets, and top schools—this is elevated city living at its most graceful and convenient.

Features

  • Town: New York
  • Levels: 20
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 157.67 x 98.0
  • Laundry: Common Area,Laundry Room
  • Complex: York Towers
  • Year Built: 1961
  • Common Charge: $2,726 Monthly
  • Approx Sq. Feet: 1,450
  • Est. Taxes: $0
  • Pet Policy: Building Yes,Yes
  • Appliances: Dishwasher
  • MLS#: RLS20037899
  • Days on Market: 148 days
  • Website: https://www.raveis.com
    /prop/RLS20037899/501e79thstreet_newyork_ny?source=qrflyer
Copyright © 2025  The Real Estate Board of New York, Inc., All rights reserved
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Sothebys International Realty   Phone: (212) 606-7660

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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New York (Yorkville), NY, 10075

$1,495,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,196,000 $1,196,000 $1,196,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.125% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.246% 6.110% 5.952%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,512 $7,171 $9,932
Total Monthly Payment $6,637 $7,296 $10,057

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.