408 East 79th Street (The Arcadia)
408 East 79th Street, New York, NY 10075
Lenox Hill, Upper East Side
BBL 1014737504 · BIN 1046037
- Year built
- 2005
- Type
- Condominium
- Units
- 46
- Floors
- 20
- Pets
- Pets permitted
- Financing
- Condominium — flexible (verify current terms)
Every recorded sale at this building, 2004–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf (floor-adjusted)
- $1,401
- Listing discount
- 2.9%
- Recorded sales
- 144
- On record
- 2004–2026
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A Private Pricing Opinion — what your apartment at The Arcadia would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
408 East 79th Street — The Arcadia — is a 2005 ground-up luxury condominium by Costas Kondylis with one of the deeper amenity programs on the far-eastern Upper East Side. Built on the former site of the Phillips auction house, it delivers new-construction finishes, condominium flexibility, and a full amenity suite — spa, screening room, residents' lounge, and children's playroom — in a corridor where most of the ownership stock is older co-op product.
The building's defining feature is new-construction quality plus a genuine amenity deck. Kondylis, one of New York's most prolific residential architects, delivered high ceilings, floor-to-ceiling glass, and premium kitchen and bath finishes, wrapped in a white-glove service package. For buyers who want turnkey, low-maintenance modern living with condominium latitude — financing flexibility, permissive use, and no co-op board gauntlet — The Arcadia is a structural answer in a neighborhood that otherwise offers little of it.
Its amenity depth stands out for a building of its size. A renovated fitness center with a separate yoga/ballet studio, a private spa and massage room, a screening room, a library, a residents' lounge with a catering kitchen, and a children's playroom give the building a lifestyle-and-family appeal that punches above its unit count.
Architecture and unit composition
The Arcadia is a contemporary luxury condominium of roughly 20–21 stories designed by Costas Kondylis and completed in 2005 as ground-up new construction on the former Phillips auction house site. Apartments feature high ceilings (cited in the 9-to-11-foot range), premium appliance packages (Sub-Zero, Wolf, Miele), custom built-ins, and in-unit washer/dryers — a modern, turnkey interior program.
The apartment mix runs from one-bedrooms through larger units and penthouses, with penthouse combinations at the top of the building. Source records differ on the exact unit and floor count; the figures should be confirmed against the offering plan at offer stage.
Building operations
The Arcadia operates as a full-service luxury condominium with a 24-hour doorman and concierge, elevator, a renovated fitness center with a separate yoga/ballet studio, a private spa/massage room, a screening room, a library, a residents' lounge with a catering kitchen (party room), a children's playroom, a bike room, and storage. Laundry is handled in-unit rather than by a common room. Parking is available at a garage across the street rather than in-building.
As a condominium, the building offers standard condo flexibility on financing, subletting, and pied-à-terre and investment ownership; the specific board policies were not confirmed in accessible sources and should be verified against the offering plan and managing agent at offer stage.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $60,799/yr
- Per unit / month range
- $0 – $96
- Modeled exposure split equally across 53 units (the city tax-lot count). Not an assessed amount; co-op shareholders are typically charged by share allocation.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair, with repairs due by the deadline stated in the filing. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2010–15 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Management & transfer contacts
- Notable fees
- Condo sale: Building Transfer Fee equal to 12 months common charges; $1,000 building app fee, $700 mgmt app fee; move-in/out $1,500 each. Board minutes via
Recent sales
The Arcadia trades as a new-construction luxury Upper East Side condominium, with value expressed on a per-square-foot basis, and the penthouse combinations at the top of the building price on their own terms. The building's new-construction quality, amenity depth, and condominium flexibility support pricing at a premium to older co-op product in the same corridor. Per-square-foot value is best read within a unit's specific floor, exposure, and configuration rather than a single building average.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Sep 15, 2026 | PHB | 5 BR · 5.5 BA · 3,562 sf | $6,500,000 | $1,825/sf | -4.4% |
| Aug 27, 2026 | 14B | 3 BR · 3 BA · 1,858 sf | $2,850,000 | $1,534/sf | +0.0% |
| May 21, 2026 | 3B | 1 BR · 1.5 BA · 800 sf | $995,000 | $1,244/sf | -5.2% |
| Dec 19, 2025 | 7AD | 3 BR · 2.5 BA · 2,300 sf | $3,350,000 | $1,457/sf | +1.5% |
| Dec 18, 2025 | 7A | 2 BR · 1,477 sf | $3,350,000 | $2,268/sf | off-mkt |
| Oct 17, 2025 | 8B | 3 BR · 3 BA · 1,858 sf | $2,700,000 | $1,453/sf | -9.8% |
| Jul 30, 2025 | 17 | 4 BR · 5 BA · 3,836 sf | $5,800,000 | $1,512/sf | +0.0% |
| Jul 29, 2025 | 17A | 3 BR · 1,875 sf | $5,600,000 | $2,987/sf | off-mkt |
Market read. Most recent trades (2026) cleared a median $1,401/sf (floor-adjusted) across 2 sales. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above. Median listing discount 2.9% 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.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01473-7504). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
At the recent median sale of $3.35M (10 sales since 2024), a buyer putting 25% down would pay about $141,301 to close, or 4.2% of the price.
- Mansion tax: $50,250
- Mortgage recording tax: $48,366
- Title insurance: $15,075
- Attorneys, lender, building fees, reserves and filings: $27,610
Assumes a resale (the seller pays transfer taxes), a $4,500 attorney fee and a mortgage on the rest.
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What to know if you’re buying
New-construction quality plus amenity depth. 2005 Kondylis construction with spa, screening room, lounge, and playroom — an uncommon package for the corridor.
Condominium flexibility. Financing latitude, permissive use, and no co-op board gauntlet — verify the specific terms at offer stage.
Note the parking arrangement. Parking is at a garage across the street rather than in-building; confirm current options if it matters.
Confirm the unit and floor count. Source records vary; verify against the offering plan.
Model the full monthly carry. Common charges plus property taxes plus utilities at a full-amenity condominium are material.
What to know if you’re selling
Lead with new construction and amenities. 2005 quality, floor-to-ceiling glass, and the full amenity deck are the marketing story against older corridor product.
Reach the flexibility buyer. Pied-à-terre, investment, and international buyers value the condo structure and turnkey finishes.
Price against the closest match. Floor, exposure, and configuration drive per-square-foot variation; penthouses price on their own terms.
Closings are condo-fast. Condominium transactions move on a shorter timeline than the surrounding co-ops.
Comparable buildings
If you're considering 408 East 79th, also evaluate:
- 400 East 84th Street — nearby Yorkville building
- 422 East 72nd Street — nearby full-service UES condominium
- 450 East 83rd Street — nearby Yorkville building
- 525 East 82nd Street (The Mansion House) — nearby Yorkville cooperative
More Upper East Side buildings
- 404 East 79th Street (Hampton House) — 1985 condominium
- The York Gate (405 East 63rd Street) — 1958 co-op
- 407 East 91st Street — 1901 co-op
- 415 Main Street (Riverwalk Court) — 2007 condominium by Costas Kondylis & Partners
- 420 East 72nd Street — 1962 co-op
- 420 East 86th Street — 1935 condop
The neighborhood
For the full corridor — architecture, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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