- Type
- Condominium
Elodie, at 439 East 77th Street, is a ground-up boutique condominium on a quiet interior block of Lenox Hill — exactly the kind of new product that almost never appears between First and York Avenues, where the stock runs to pre-war walk-ups, post-war rentals, and older co-ops. Developed by Grand Cru Real Estate, a venture of Salomon Cojab's Visabe Corp. and Jack Ezra Cattan's Urban Spring Capital, and designed by ARC Architecture + Design Studio, it is a seven-story building of sixteen condominium homes, anchored by two private townhouses and a penthouse.
The building is small and deliberate. At roughly 1,800 square feet on average, with layouts running from one- to four-bedroom homes, it is sized for buyers who want new construction and condominium flexibility without the scale and overhead of a large tower. The two townhouses and the 3,600-square-foot penthouse give the building a top-of-house identity that boutique projects often lack, and a landscaped rear yard and on-site parking add amenities that are genuinely scarce on a mid-block Lenox Hill site.
For a buyer, the case is condominium ownership — financing latitude, flexible use, a light closing process — in new construction, on a calm residential block close to the Second Avenue Q at 72nd Street and the full Lenox Hill medical, retail, and dining fabric.
What to know if you’re buying
This is a small new-development condominium, so a purchase is a new-construction transaction. The range of product is the distinguishing feature: one- through four-bedroom homes, two private townhouses, and a penthouse, all in a single boutique building — there is a home type here for the first-time condo buyer and the trophy buyer alike. Private outdoor space, parking, and a pet-friendly policy add practical value on an interior block.
Buyers should weigh floor, exposure, and outdoor space, and review the offering plan's common-charge and tax projections, which in new construction set the long-run carrying cost. With only sixteen homes plus the townhouses and penthouse, inventory is thin and each layout is distinct — scarcity that rewards moving decisively on the right home.
What to know if you’re selling
The condominium structure and new construction are the marketing core. New homes with private outdoor space, parking, and contemporary systems distinguish a resale here from anything in Lenox Hill's older stock, and condominium ownership itself — financing latitude, flexible use, a faster closing path — is a durable draw. The townhouses and penthouse give the building a top-of-house story that supports pricing across the stack.
Benchmark a resale to the limited set of new and recent East Side condominiums rather than to the neighborhood's co-ops, and lead with what is scarce on the block: new construction, private outdoor space, and parking. A resale clears through a right-of-first-refusal rather than a co-op board — a faster, more predictable path that is itself a selling point. With so few homes, available inventory will be thin, and a well-positioned resale benefits from the limited supply of comparable product.
Comparable buildings
If you're considering Elodie at 439 East 77th Street, also evaluate these nearby Lenox Hill and East 77th Street buildings:
- 201 East 77th Street — full-service East 77th Street building nearby
- 255 East 77th Street — East 77th Street residential building on the corridor
- 70 East 77th Street — pre-war East 77th Street co-op to the west
- 71 East 77th Street — established East 77th Street cooperative peer
- 175 East 77th Street — East 77th Street building nearby
Considering a move at Elodie?
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 Elodie 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.