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Rent/Lease Apartment 516 E 79th 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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516 E 79th St Property Overview
| Building Address: | 516 E 79th St, New York NY 10075 |
| Zip Code: | 10075 |
| Neighborhood: | Lenox Hill |
| Borough: | Manhattan |
| Stories: | 0 |
| Year Built: | 1911 |
| Building Class: | B |
516 East 79th Street, located in Manhattan, New York, is part of a historic complex that was built in either 1910 or 1911, depending on the source. The building is a pre-war, six-story rental property with a total of 99 residential units. It is classified as a low-rise building and offers amenities such as an onsite laundry facility and video intercom security. The building's architecture is consistent with the early 20th-century style typical of its era. It belongs to the City and Suburban Homes Company and is owned by 78/79 York Associates.
516 E 79th St, Manhattan, NYC
Known addresses:
- 516 East 79th Street
- 516-520 E 79th St
Neighborhood: Lenox Hill and Upper East Side
Year built: 1910 (originally documented) or 1911 (reported in some sources)
Stories: 6
Location details:
- Zip code: 10075
- Borough: Manhattan
- Block & lot: 01490-0036
Building Amenities at 516 E 79th St, Manhattan, NYC
- Laundry Facilities: On-site laundry available
- Controlled Access
- 24 Hour Access
: Enhanced security with video intercom system - Video Security: Additional security measures
- Voice Intercom
- Pet Friendly
- Maintenance on Site
516 East 79th Street Building Details
- Address: 516 East 79th Street, Manhattan, NY 10075
- Built: 1911 (pre-war)
- Floors: 6
- Units: 99 residential
- Size: 44,364 sq ft total area
- Zoning: R10A (C1 land use)
- Features: Video intercom, onsite laundry, walk-up access
- Ownership: 78/79 York Associates
Internet providers available at 516 E 79th St in Manhattan, NYC, include:
- Verizon: Known for providing high-speed internet services, including Fios options, with speeds that can reach up to 2 Gbps.
- Fios Available: Indicating that Verizon's high-speed internet is accessible in the building.
516 E 79th St is located in the Yorkville neighborhood of Manhattan, between York Avenue and FDR Drive.
Nearest Subway Station: The closest subway station is at 77 Street, served by the 4 and 6 lines, approximately 0.7 miles away from the location. Additionally, there is a station at 2nd Avenue and between 83rd and 84th Streets, served by the Q line, about 0.43 miles away.
Bus Routes: The neighborhood is also accessible via the M79 bus, which stops near E 79th St and East End Avenue, about 0.03 miles from the building.
Airport Access: For air travel, LaGuardia Airport is approximately 7.8 miles away, while John F. Kennedy International Airport is about 17.5 miles away.
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Finnerty Economic Consulting, LLC. Testimonial
To Whom It May Concern:
My firm engaged Optimal Spaces when I searched for professional office space in New York City in 2005 and again in 2012 when the first lease expired and we decided to look for better office space in midtown Manhattan. I leased office space at 60 East 42"d Street in 2005 and office space at 122 East 42"d Street in 2012 with Stephen's assistance. When I sold my business to AlixPartners in 2014, I recommended that AlixPartners retain Optimal Spaces to negotiate a termination ofthe lease at 122 East 42"d Street.
I worked very closely with Stephen Sunderland, Senior Managing Director of Optimal Spaces, during both searches for office space as well as during the lease termination process. Stephen is very knowledgeable regarding the Manhattan office market. His advice proved crucial in negotiating two leases and securing the lease termination on favorable terms. He made himself available on short notice to view properties, and he identified a range of lease opportunities in various locations at different price points. I was able to benefit from his expertise to find suitable space without extensive searching.
I would not hesitate to recommend Stephen Sunderland and his firm to anyone who is searching for office space in Manhattan.
Very truly yours,
John D. Finnerty
Managing Principal