Cooperative · 1930
21 East 79th Street
21 East 79th Street, New York, NY 10075
Buildings·Cooperative

21 East 79th Street

21 East 79th Street, New York, NY 10075

At a glance
Year built
1930
Type
Cooperative
Landmark
Designated
Financing
Up to 50% permitted
Flip tax
2%

21 East 79th Street is a jewel-box pre-war cooperative — a fourteen-story Art Deco apartment house with essentially one residence per floor, on one of the most coveted blocks in Manhattan, between Madison and Fifth a step from the Metropolitan Museum and Central Park. Completed in 1930 to the design of Van Wart & Wein, it belongs to the last and most refined moment of the pre-war apartment era, when limestone, Art Deco massing, and full-floor planning produced some of the city's most enduring residences.

The building's defining trait is its scale: just fifteen apartments across fourteen stories, most of them full floors. That arithmetic produces a level of privacy and light that almost nothing built before or since can match — a private elevator landing opening into your own floor, light on multiple exposures, and a shareholder community small enough that the building functions almost like a townhouse stacked vertically.

For a buyer, this is trophy pre-war inventory in the truest sense: an Art Deco limestone building on the museum block, with full-floor homes, wood-burning fireplaces, and Central Park within a single block. It is the kind of address that defines the Upper East Side's pre-war pinnacle.

Architecture and unit composition

Van Wart & Wein gave 21 East 79th Street a crisp Art Deco identity: a limestone-clad elevation over a polished granite base, a canopied entrance, and the disciplined, vertically emphasized massing of the period, with ornament kept deliberately spare so the material and proportion do the work. At fourteen stories and roughly 54,000 square feet across just fifteen apartments, the building averages well over 3,000 square feet per residence — among the largest per-unit footprints anywhere in the pre-war stock.

Because the layout is essentially one apartment per floor, homes here are full-floor (with a small number of variations), entered from a private elevator landing into a gracious foyer. Interiors carry the era's best features — high ceilings, separate dining rooms, defined bedroom wings, wood-burning fireplaces in many homes, and expansive principal rooms. The upper floors and penthouse enjoy open views toward Central Park and the city, and select homes have wrap or set-back terraces. This is full-floor pre-war living of the highest order.

Building operations

21 East 79th Street operates as a full-service cooperative with attended entry and a resident superintendent, scaled to a small, high-touch shareholder base. With only fifteen apartments, the building is run with the intimacy and discretion that full-floor co-ops on this block are known for — staff who know every household, deliberate stewardship of the building's fabric, and a board focused on preserving the asset. Basement storage serves the residences. The building permits up to 50% financing and charges a 2% flip tax on resale, terms consistent with a prime pre-war full-floor cooperative.

A building of this size carries a concentrated budget, so capital decisions and the reserve posture matter; prospective purchasers review the financials and any planned capital work through the board-package process. The small shareholder count also means board admission is a serious, relationship-driven process.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — manageable today, 2030 cliff likely
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$28,073/yr
Per unit / month range
$0 – $156
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
SWARMP
What this means for you

Safe to live in today — but the last inspection flagged repairs that are due on a deadline, so facade work and its cost are coming. Whether that’s a real concern depends on the scope, the timing, and how the building plans to pay for it — reserves or an assessment — which is exactly what we’d dig into for you.

Inspection history
2005–10
SWARMP
2010–15
SWARMP
2015–20
Safe
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2029
On record
$9,000 in filing penalties
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.

See the full facade history →

Recent sales

Recent transfers at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.

DateUnitApartmentPricePPSFvs. Ask
May 25, 20239
4 BR · 3.5 BA
$12,271,500-5.2%
Mar 28, 20225
4 BR · 4 BA
$6,500,000-9.7%
Feb 3, 20224
4 BR · 4.5 BA
$8,000,000-9.6%
Aug 24, 2021PH
2 BR · 4 BA · 2,660 sf
$7,000,000$2,632/sf-6.7%
May 30, 201812
3 BR
$12,000,000-33.0%
Jul 6, 20054
4 BR
$9,000,000+5.9%
May 11, 20052
3 BR
$7,000,000-6.6%

Market read. Most recent trades (2021) cleared a median $2,632/sf across 1 sale. Median listing discount 6.7% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

9+2%
$12,000,000 2010$12,271,500 2023
4-11%
$9,000,000 2005$8,000,000 2022

Other recent transfers

DateUnitPrice
Apr 3, 201410$11,900,000
Feb 7, 20111W$925,000
Dec 20, 20109$12,000,000

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01491-0012) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.

What to know if you’re buying

This is a prime full-floor cooperative, so the purchase runs through a rigorous board application and interview. Buyers should expect substantial financial scrutiny, strong post-closing liquidity expectations, and an admissions process that weighs fit as much as finances. The building permits financing up to 50% and applies a 2% flip tax paid on resale; pre-war full-floor co-ops of this caliber generally expect primary-residence ownership and discourage pied-à-terre and investor purchases. The reward for clearing that bar is rare: a full-floor Art Deco home on the museum block, with privacy, light, and a Central Park address that almost no new construction can replicate.

What to know if you’re selling

The selling story is scarcity and pedigree — a full-floor Art Deco residence by Van Wart & Wein, on the Metropolitan Museum block, with private-landing entry, wood-burning fireplaces, and one-per-floor light. That package belongs to a very small comparable set, and positioning against the right prime full-floor pre-war peers on Madison and Fifth is what sets and supports the price. Presentation matters at this level: a well-prepared, well-photographed full-floor home draws the qualified, board-ready buyer this building requires. We qualify financial and board fit early, because at this price tier the cost of a failed board application is high.

Comparable buildings

If you're evaluating 21 East 79th Street, these nearby Upper East Side pre-war cooperatives form a relevant comparison set:

The Roebling Team at 21 East 79th Street

The Roebling Team at Compass specializes in prime pre-war cooperatives across the Upper East Side, Madison and Fifth Avenues, and the museum-district blocks. We publish this profile because buyers and sellers of full-floor pre-war homes deserve building-specific intelligence — architecture, board posture, financing and flip-tax terms, and where pricing sits among a deliberately small set of peers. If you're considering a transaction at 21 East 79th Street, a confidential consultation is the right place to begin.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com