NOT LISTED FOR SALE

Estimated Value: $3,330,000 - $13,984,719

5 Beds
6.5 Baths
6,466 Sq Ft
$8,295/mo HOA Fee

Last Sold April 05, 2023

Last sale price $32,500,000 $5,026 Per Sq Ft

Current estimated payment $60,494/month

Highlights

  • New Construction
  • 3-minute walk to 77 Street (4,6 Line)
  • 5-minute walk to Central Park
  • P.S. 6 Lillie D. Blake Rated A
  • Terrace

About This Home

As of April 2023

Located just off Park Avenue on one of the most coveted streets on the Upper East Side, 109 East 79 is a masterpiece of residential design by world-renowned Steven Harris Architects. Developed by Legion Investment Group, 109 East 79 rises 20 stories and takes its place comfortably among its Gilded Age neighbors, with views sweeping over historic townhouse gardens to the north and east and light-filled East 79th Street and Park Avenue to the south. The building?s fa?ade of fluted limestone and masonry brick, with vast stretches of casement-style windows, offers a timeless addition to a storied streetscape.

Harris, known for private commissions with clients in New York City, the Hamptons, and Napa Valley, has infused 109 East 79 with his richly curated aesthetic. The soaring double-height lobby, lounge and library, are replete with custom fabrics and furnishings, and overlook a private viewing garden with a cascading fountain. Upstairs, a double-height fitness center features a regulation squash court and yoga studio, overlooking the garden below. Additional amenities include a spa equipped with treatment rooms, sauna, and hair salon, a screening room, golf simulator, and a fully-equipped game room.

With 31 two- to five-bedroom residences emphasizing classically proportioned layouts and voluminous spaces, interiors are anchored by grand entertaining and dining areas. Ceiling heights soar up to over 17? and select residences feature unique design elements including fireplaces, private outdoor spaces, and step-down living rooms?an elegant and uncommon design feature. Interior finishes include a carefully selected palette of fine woods and stones, suffused with Harris? signature attention to custom detail.

Last Agent to Sell the Property

109 East 79 Sales Office

Corcoran Group Listed on: 01/11/2021

Corcoran Group

Co-Listed By

Cathy Franklin

Corcoran Group License #40FR0710876

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $102,504

Year Built

  • Built in 2021 | New Construction

HOA Fees

  • $8,295 Monthly HOA Fees

Home Design

  • 6,466 Sq Ft Home
  • Entry on the 18th floor

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Dishwasher
  • Washer Dryer Allowed
  • Terrace

Community Details

  • 31 Units
  • 109 East 79 Condos
  • Upper East Side Subdivision
  • 20-Story Property

Listing and Financial Details

  • Tax Block 01508

Property Details

Home Type

Condominium

Est. Annual Taxes

$102,504

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$8,295 per month

Listing Details

  • Cross Street: PARK AVENUE and LEXINGTON AVENUE
  • Exposures: East,North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Upper East Side
  • Entry Level: 18
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 20

Interior Features

  • Appliances: Dishwasher, Washer Dryer Allowed
  • Living Area: 6466.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Bathrooms Integer: 7
  • Bedrooms: 5

Exterior Features

  • Patio/Porch Features: Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 8295.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Building Info

  • New Construction: Yes
  • Building Name: 109 EAST 79
  • Units: 31
  • Total Stories: 20
  • Year Built: 2021

Tax Info

  • Tax Block: 01508
  • Tax Annual: 102504.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2023
Sold by
Keats Chapman Llc
Bought by
Jp Morgan Trust Company Of Delaware T and The Sulam Trust
Current Estimated Value
$7,841,063

Purchase Details

Closed on
Jan 20, 2023
Sold by
79Th Owner Llc
Bought by
149 & 109 Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jp Morgan Trust Company Of Delaware T -- --
Jp Morgan Trust Company Of Delaware T -- --
149 & 109 Llc $25,500,000 --
149 & 109 Llc $25,500,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2023 04/05/23 Sold $32,500,000 0.0% $5,026 / Sq Ft
06/05/2022 06/05/22 Off Market $32,500,000 -- --
03/29/2022 03/29/22 For Sale $32,500,000 0.0% $5,026 / Sq Ft
01/11/2021 01/11/21 For Sale $32,500,000 -- $5,026 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $132,909 $1,091,499 $191,985 $899,514
2024 $132,909 $1,063,101 $191,985 $886,377
2023 $128,497 $1,047,499 $161,464 $886,035
2022 $49,144 $447,448 $191,985 $255,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10839145

Real Estate Board of New York (REBNY)

APN: 1508-1230