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Rent/Lease Apartment 500 E 77th St
Why Optimal Spaces –
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1. The Crucial Distinction: Whose Side Are They On?
  2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
   5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
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500 E 77th St Property Overview
| Building Address: | 500 E 77th St, New York NY 10162 |
| Building Name: | The Pavilion |
| Zip Code: | 10162 |
| Neighborhood: | Lenox Hill |
| Borough: | Manhattan |
| Stories: | 0 |
| Year Built: | 1964 |
| Building Class: | B |
500 East 77th Street - The Pavilion
Constructed in 1964 (sometimes cited as 1963), The Pavilion at 500 East 77th Street is a 17-story residential building in Manhattan's Lenox Hill neighborhood. Initially recognized as one of New York’s most ambitious high-rise luxury apartments, it became notable for its spacious units and family-oriented design, attracting long-term residents who often upgrade within the building over decades.
The property, developed by Glenwood Operating Corp., spans 257,247 square feet across 20,750 sqft of land and originally featured approximately 224-843 units (sources vary). Architectural details include Post-war design elements such as oversized windows and fireproof construction without street-level stores (classified as D3). Amenities have historically included concierge services, roof decks, and children’s facilities.
Amenities at The Pavilion, 500 East 77th Street
- Bike Room
- 24-hour Doorman Service
- Elevators
- Laundry in the Building
- Package Room
- Parking: Assigned, Garage, Valet
- Storage Space
- On-site Shopping Arcade with Grocery Store and Spa Salon
- Circular Drive with Fountains
- Free Shuttle Service to Subway
- Building-wide Water Filtration System
- On-site Management Office
- Complimentary Fitness Center
- Children's Playroom
- Landscaped Rooftop Sundecks
- Bicycle and Luggage Storage
- Three Laundry Rooms
- Cleaning and Laundry Valet
Office Tenants Rented / Leased at 500 E 77th St, Manhattan, NYC
The Pavilion at 500 East 77th Street is primarily a luxury residential rental building offering a variety of apartment layouts including studios, one-, two-, and three-bedroom units.
The building features amenities such as a doorman, elevator, gym, bike storage, garage, public patio and roof deck, storage and laundry rooms, and is pet friendly.
Current rental offerings include upscale apartments with spacious interiors, designer kitchens, custom closets, and many units featuring balconies with superb views and exceptional light exposure.
Available units reported include a 4-bedroom, 2-bathroom apartment listed at $10,400 monthly rent.
Leasing is generally handled through tenant/renter agreements with options for furnished or unfurnished apartments and opportunities to renew leases.
Internet Providers at 500 E 77th St, Manhattan
- Time Warner (now Spectrum)
- Verizon Fios
Top Manhattan Providers (per reports):
- Verizon Fios: 300-2,000Mbps fiber plans ($60-$120/month)
- Spectrum: 500-1,000Mbps cable ($50-$70/month)
- Astound Broadband: 300-1,500Mbps cable/fiber ($20-$55/month)
Location and Transportation for 500 E 77th St, Manhattan, NYC
Cross Streets: East 77th Street and York Avenue
Transportation Options:
- Nearest Subway Station:
- 6 Train at 77th Street: 0.51 miles
- Q Train at 72nd Street: 0.38 miles
- Q Train at 86th Street: 0.46 miles
- Private Shuttle Bus to Q and 6 Subway Lines
- Easy Access to Multiple Bus Routes
Neighborhood: Lenox Hill, Upper East Side, adjacent to Central Park and Rockefeller University.
- Roberta Washington Architects leased 1,413 SF at 68 East 131st St
- New York State Office of… leased 51,659 SF at 55 West 125th St
- Gagosian Gallery leased 50,000 SF at 980 Madison Ave
- New York State Workers' Compensation Board leased 45,205 SF at 215 West 125th St
- Beth Israel Medical Center leased 38,461 SF at 1825 Park Ave
- CareMax leased 27,400 SF at 1915 Third Ave
- Avantus Renal Therapy U… leased 19,906 SF at 315 East 62nd St
- Icahn School of Medicine leased 12,000 SF at 207 East 94th Street
- Volastra Therapeutics leased 11,000 SF at 1361 Amsterdam Avenue
- The Studio Museum of Ha… leased 10,000 SF at 310 Lenox Ave
- Ricky's NYC leased 5,180 SF at 55 West 125th St
- Rebecca Taylor leased 4,338 SF at 980 Madison Ave
- Galaxy Medical PC leased 4,239 SF at 68 East 131st St
- Hammacher Schlemmer leased 4,143 SF at 145 East 57th St
- Swerve Fitness leased 3,500 SF at 1140 Third Avenue
- The House of Little People leased 2,800 SF at 401 East 84th St
- Envy Corp. leased 2,500 SF at 4261 Broadway
- City Mall leased 2,500 SF at 4-14 West 125th Street
- Claire's Boutique leased 2,214 SF at 210 East 86th St
- United Parcel Service leased 2,100 SF at 1735 Park Ave
Argent Trading Testimonial
To Whom it May Concern:
I have had the opportunity to work with Optimal Spaces Inc. (specifically, Stephen Sunderland) over the last 18 months. Stephen was hired to find a reasonably priced lease for corporate office space that would support our highly professional environment. I considered this to be a significant challenge since Manhattan was experiencing a severe shortage in available professional space.
However, Stephen found a space that exceeded my expectations and that was approximately 15% below current market rates for comparable space. An important aspect of working with Stephen is the level to which I can trust him to act in my best interest. I believe that Stephen possesses in-depth knowledge of the New York City real estate market and is responsive and performs his work in a very professional manner. I am impressed by Stephen's sincere desire to understand his clients' needs. It is clear to me that Stephen is interested un building mutually beneficial business relationships.
I am happy to recommend Optimal Spaces Inc. to other growing businesses, and I look forward to working with Optimal Spaces Inc. again.
Sincerely,
William Levitz
President
Argent Trading, LLC