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
- $1,363
- Listing discount
- 2.9%
- Recorded sales
- 162
- On record
- 2004–2026
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
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 before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
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 →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. Recent building activity has run in the range of roughly $1,500–$1,600 per square foot on average, with mid-floor units generally in the mid-single-digit millions and penthouse combinations reaching materially higher. 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.
Recent closings 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.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| 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 |
| Jul 14, 2025 | 19A | 2 BR · 2.5 BA · 1,685 sf | $2,340,000 | $1,389/sf | -2.5% |
| Sep 27, 2024 | 3B | 1 BR · 1.5 BA · 800 sf | $1,000,000 | $1,250/sf | -14.9% |
Market read. Most recent trades (2026) cleared a median $1,363/sf across 1 sale. Median listing discount 2.9% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
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) 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 from recorded condo declarations and offering plans.
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
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.
Considering a move at The Arcadia?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
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.