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The Cherokee - 508 East 78th Street, New York, NY 10075 Property Information

Also known as: 516 E 78th St, New York, NY 10075

The Cherokee - 508 East 78th Street, New York, NY 10075 Property Information

Also known as: 516 E 78th St, New York, NY 10075

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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The Cherokee - 508 East 78th Street, New York, NY 10075 3
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Address

Building name The Cherokee
Primary address The Cherokee - 508 East 78th Street
Secondary address 508-514 E 78th St
Neighborhood Lenox Hill
Zip code 10075
Borough Manhattan
Block & lot 01489-0037

Sales & Tax Overview for 508 East 78th Street, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 08/17/2004
Purchase price $268,000
Tax class
Estimated property tax $1,656,026

Lot & Building Information for 508 East 78th Street, New York

Lot sq. ft. 22,987
Lot dimensions 225 ft x 102.17 ft
Property type Walk-up Cooperative Building (Other than Condominiums) (XC6)
Building sqft 98,580
Building dimensions 105 ft x 86 ft
Buildings on lot 2
Stories 6
Year built 1911
Frontage(s) Cherokee Place (narrow)
East 78 Street (narrow)
Nearest wide street York Avenue
Distance to wide street
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Zoning & Use for 508 East 78th Street, New York

Zoning
Residential units (DOF) 192
Regulated units
Residential sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 8
Closest police station 0.72 Miles
Closest fire station 0.41 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Building Description

The Cherokee retains a reputation as one of the most important and beloved buildings in NYC. This 6-story Upper East Side co-op at 508 East 78th Street has a limestone and brick facade dressed with green iron Juliet balconies and gates. In fact, The Cherokee has been ranked as having the second best balconies in New York City, only second to Trump Plaza.

It was originally opened in 1912, with the help of the construction company involved in building Grand Central Terminal's Oyster Bar and Ellis Island's Great Hall. The project was funded by Mrs. Vanderbilt as a pioneering effort in philanthropic housing, which was closely watched and praised by the media all over the world. Its old world pre-war era charm has attracted several notable actors to stay or shoot film including Robert De Niro, Matt Damon, and Ewan McGregor. Located in front of John Jay Park, it looks over the East River. Catch the M79, M15, or M31 bus from multiple stations within a one block radius. PS 158 and JHS 167 are both a short walk away.

Other Property Data for 508 East 78th Street, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for The Cherokee - 508 East 78th Street, New York, NY 10075, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for The Cherokee - 508 East 78th Street, New York, NY 10075, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 508-514 E 78th St, New York, NY 10075
  • 516-522 E 78th St, New York, NY 10075

About 508 East 78th Street, New York

What is the year built & the total sq. ft. for The Cherokee - 508 East 78th Street, New York, NY 10075?

The Cherokee - 508 East 78th Street, New York, NY 10075 was built in 1911 and has a total of 98,580 square feet.

What is the assessed value of The Cherokee - 508 East 78th Street, New York, NY 10075 and the property tax paid?

Assessed at $15,653,250, the tax amount paid for The Cherokee - 508 East 78th Street, New York, NY 10075 is $1,724,087. For the next year, the tax amount for The Cherokee - 508 East 78th Street, New York, NY 10075 is estimated at $1,656,026.

When was The Cherokee - 508 East 78th Street, New York, NY 10075 last sold and what was the last sale price?

The Cherokee - 508 East 78th Street, New York, NY 10075 was last sold in 08/17/2004 for $268,000.

How many residential units does this building have?

This building has 192 residential unit(s).

Ownership Information for 508 East 78th Street, New York

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Property owner name for The Cherokee - 508 East 78th Street, New York, NY 10075
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Building contacts for The Cherokee - 508 East 78th Street, New York, NY 10075
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
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New Yorkers planning a move to the suburbs increasingly find their options limited, after suburban home values shot up twice as fast as NYC medians over the last decade. While larger homes and better prices were long the norm outside the five boroughs, today, many NYC buyers find their option restricted to a handful of suburban markets.
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Past Sales & Property History for 508 East 78th Street, New York

Create a free account to view the complete sales history for 508 East 78th Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
08/17/2004 $268,000
06/10/2004 $207,000
04/02/2003 $169,000
       
       
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*Here are the three most recent sales for this property.

Title Documents for 508 East 78th Street, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
06/27/2025 - D
09/26/2025 - R
Asgn of Asgn of L&R
(2025092400709002)
06/27/2025 - D
09/26/2025 - R
Assignment, Mortgage
(2025092400709001)
05/29/2025 - D
06/12/2025 - R
Subordination of Mortgage
(2025061000546011)
05/29/2025 - D
06/12/2025 - R
Assignment of Leases and Rents
(2025061000546008)
05/29/2025 - D
06/12/2025 - R
Mortgage
(2025061000546007)
05/29/2025 - D
06/12/2025 - R
Asgn of Asgn of L&R
(2025061000546006)
05/29/2025 - D
06/12/2025 - R
Assignment of Leases and Rents
(2025061000546004)
05/29/2025 - D
06/12/2025 - R
Mortgage
(2025061000546003)
05/20/2025 - D
06/12/2025 - R
Asgn of Asgn of L&R
(2025061000546010)
05/20/2025 - D
06/12/2025 - R
Assignment, Mortgage
(2025061000546009)
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R: Recorded date
D: Document date

Property Taxes for 508 East 78th Street, New York

Access detailed property tax data for The Cherokee - The Cherokee - 508 East 78th Street, New York, NY 10075. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $1,575,884
Estimated property tax: $1,656,026
Tax assessor's market value: $34,785,000
Assessed value: $15,653,250
Exemptions granted by city:

Assessment History for 508 East 78th Street, New York

Here's the assessment & property tax history for 508 East 78th Street, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $34,785,000 $15,653,250 $13,860,340 12.439% $1,733,179 $1,575,250 +2.88%
2024/25 $32,719,000 $14,723,550 $13,377,336 12.5% $1,682,011 $1,531,156 +4.76%
2023/24 $30,794,000 $13,857,300 $12,782,132 12.502% $1,607,930 $1,461,569 +5.84%
2022/23 $30,864,000 $13,888,800 $12,338,130 12.267% $1,525,392 $1,380,923 +5.81%
2021/22 $29,024,000 $13,060,800 $11,750,985 12.235% $1,449,500 $1,305,137 -9.68%

Permits for 508 East 78th Street, New York

The complete history of permits filed for 508 East 78th Street, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
09/09/2025 Alteration
07/23/2024 Alteration
11/27/2023 Alteration
11/24/2023 Alteration
08/26/2023 Alteration
08/24/2023 Alteration
08/12/2023 Alteration
08/11/2023 Alteration
03/06/2023 Alteration
09/21/2021 Alteration
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Lenox Hill Residential Market Stats

Access a detailed real estate market overview of Lenox Hill so you can assess current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Lenox Hill and compare it to other neighborhoods in Manhattan.

Median Sale Price
$1,505,000
14% YoY
Median Price/Sqft
$1,387
6.2% YoY
Manhattan Median Sale Price
$1,200,000
9.3% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 5 (See more on map)

Transportation

Distance to Subway
Closest station 2nd Ave & 72nd St at SE Corner
Station lines Q
Distance (miles) 0.444
View subway map
Bus Routes
Name York Av/E 79 St
Line M31
Distance (miles) 0.081

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
P.S. 158 Baylard Taylor 9 Yes Public PK, K-5 644 0.05
P.S. 158 Baylard Taylor 9 Yes Public PK, K-5 644 0.05
Lycee Francais De New York NR No Private PK-12 1,364 0.12
Lycee Francais De New York NR No Private PK-12 1,364 0.12
The Town School NR No Private PK-8 384 0.12

Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Jhs 167 Robert F Wagner 8 Yes Public 6-8 1,019 0.43
YORKVILLE EAST MIDDLE SCHOOL 9 No Public 6-8 256 0.05
Lycee Francais De New York NR No Private PK-12 1,364 0.12
The Town School NR No Private PK-8 384 0.12
St. Stephen of Hungary School NR No Private PK-8 365 0.26

Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance to school (mi)
Lycee Francais De New York NR No Private PK-12 1,364 0.12
Eleanor Roosevelt High School 10 No Public 9-12 541 0.17
Rudolf Steiner Upper School NR No Private 7-12 0 0.27
The Brearley School NR No Private K-12 748 0.29
Brearley School NR No Private K-12 748 0.29

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 508 East 78th Street, New York

Here are the neighbors for The Cherokee - The Cherokee - 508 East 78th Street, New York, NY 10075.

Address Square feet Purchase date Purchase price
527 E 78th St, New York 44,364 05/24/2017 $1,500,000
530 E 76th St, New York 292,013
1472 York Ave, New York 98,622 05/24/2017 $1,500,000
503 E 78th St, New York 47,574 05/24/2017 $1,500,000
1458 York Ave, New York 102,068
500 E 77th St, New York 257,247 08/01/1994
520 E 76th St, New York 81,000 11/23/2015 $425,000
542 E 79th St, New York 54,792 05/24/2017 $1,500,000
536 E 79th St, New York 44,952 05/24/2017 $1,500,000
1420 York Ave, New York 57,785
519 E 78th St, New York 44,764 05/24/2017 $1,500,000
535 E 78th St, New York 44,364 05/24/2017 $1,500,000
524 E 79th St, New York 44,364 05/24/2017 $1,500,000
519 E 76th St, New York 258,394 08/01/1994
525 E 75th St, New York
511 E 78th St, New York 44,364 05/24/2017 $1,500,000
516 E 79th St, New York 44,364 05/24/2017 $1,500,000
509 E 77th St, New York 98,580 05/29/1987
1428 York Ave, New York 10,630 04/16/1998
540 E 76th St, New York 60,981 01/27/1987
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