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for saleRealtyLens property overview
$1,295,000
505 E 79th St Apt 7L
Manhattan, NY, 10075
View more Manhattan, NY property pages2Beds
2Baths
1,250Sqft
$1036$/sqft
Market Insights
Below nearby median-21%
$1036/sqft vs a nearby median of $1304/sqft.
Nearby median$1304/sqft
Nearby properties8
Property size1,250 sqft
- -21% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,250 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$1.53M$1.41M – $1.66M · 58% confidence
vs ask $1.29M−$237k (−18.3%)
Asking price is about 18.3% below the fair value — likely to draw competing offers if it's still on market.
$1,304/sqft median across 1 tight comps × 1,250 sqft= $1.63M
- Days-on-market gravity−$49k −3.0%
- Mid-century building era−$24k −1.5%
- Virtually staged−$16k −1.0%
- Visible condition issues−$16k −1.0%
- Transit access+$8k +0.5%
Cumulative NYC adjustments−$98k−6.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
Diligence Read2 items to check
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 362 days
- Last price change
- No change recorded
- Listed
- May 15, 2025
- Photos
- 10 photos
- Property type
- coop
- Status
- for sale
Photos
Building Facts
- Year built
- 1963
- Stories
- 19
- Total units
- 210
- Residential units
- 209
- Building area
- 5.97 ac
- Lot size
- 21,930 sqft
- Land use
- Multi-family elevator buildings
- Building class
- D4
From NYC public records where available.
Price History
May 4, 2026Initial record
$1,295,000for sale