Around the corner from Park Avenue, where otherwise exclusive buildings share the same manicured median, The Savoy has its own private front-yard garden, with a fountain, flowers and stone walking path. Although this green space is a far cry from a suburban lawn, it gives residents a moment to decompress every time they pass by — which is rare for Manhattan condominiums. “Between the panoramic views of the deck upstairs and the service, I think it’s one of the nicest buildings on the Upper East Side,” says Mark D. Friedman, a broker at Brown Harris Stevens. The co-op board’s restrictive subletting policies, such the requirement that shareholders leave their furniture in place to ensure they’re only gone temporarily, means the majority of units are owner occupied. As a result, the building often self-selects for residents interested in staying for many years. “We put a buyer in a one bedroom and they loved it so much, we sold them the two bedroom upstairs,” Friedman says. “It’s one of those buildings that once you’re in, you don’t want to leave.”
Old-school breakfast nooks and powder rooms
Corner balconies, one of The Savoy’s nicest features, are available on about half of all the units. They can be found across all unit sizes, and because the co-op board lets residents enclose these spaces, which average 70 square feet, “you’re almost getting a whole other room,” Friedman says. One bedrooms range from 650 to over 1,000 square feet and have mostly closed floor plans, with galley kitchens separate from the central living area. Balconies can be located either off the bedroom or living room, and many of these units have an extra half bathroom. Two bedrooms, sized from about 1,000 to 1,400 square feet, often have two-and-a-half bathrooms and long kitchens with counter seating on one side. Three bedrooms, which go up to 1,600 square feet, can change the kitchen layout to be more open by adding a breakfast bar, and the 4,000-square-foot four-bedroom penthouses can include two balconies, both eat-in and butler pantries, and a rec room separate from the living room.
Chic updates on top of vintage flooring
Certain residences have been completely renovated to include granite countertops in the kitchens, oak plank floors and in-unit washer-dryers (a rarity in this building). But most units retain a few designs from the ‘70s, such as wood tile flooring and entryways with floor-to-ceiling mirrors on the walls. The exceptions are the bathrooms. “If you’re selling now and the interior is still original, I think the building makes you renovate the bathrooms at least, because they want new plumbing in them,” Friedman says. As a result, many have contemporary details like marble tiling and half-width glass panels in lieu of shower curtains. “They also allow through-wall air conditioning units, so you don’t have to use a window to an A/C,” Friedman says.
Value-minded pricing with subletting restrictions
Smaller units at The Savoy are comparably priced to those in similarly aged co-ops in the neighborhood. But as square footage goes up, units here are often hundreds of thousands less. In 2024, one bedrooms went on the market for $875,000 to $1.1 million. Leading up to 2024, two bedrooms sold for between $1.7 million and $2.2 million, while three bedrooms sold for between $1.5 million and $2.1 million. The few four bedrooms have sold for around $3.8 million, and the larger penthouses have sold for $7 million. Per the co-op board’s rules, subletting is allowed for one year at a time but only “in very limited instances involving personal hardship to the shareholder.” Shareholders also must submit a $3,000 security deposit and pay 25% more in monthly common charges when subletting.
Enjoy the private garden and discounted parking
While the ground-floor garden is a counterpoint to the dense, urban surroundings, the roof deck, with its unobstructed southern view of the skyline, lets residents soak up the city’s beauty. “It’s almost the whole footprint of the building, and you can see east, west, south and north,” Friedman says. Friedman also likes that package deliveries come through a separate entrance to avoid cluttering the lobby, and residents with cars can appreciate that the connected underground parking garage offers a 10% discount and priority for long-term spots.
Posh museums, shopping and dining
With Park Avenue down the block, The Savoy is surrounded by Upper East Side prestige. Landmark features are within half a mile, including Central Park’s reservoir and both the Metropolitan and Guggenheim museums. Madison Avenue’s boutique shopping destinations start up here, and closer to the building, residents have access to classic and newfound eateries — from the 100-year-old Lexington Candy Shop diner and long-standing Elio’s Italian, to trendy Flex Mussels seafood.
500 feet from the subway
The 4, 5 and 6 trains stop around the corner on 86th Street, giving residents local and express access to Manhattan’s east side. Buses on Lexington and Madison avenues are useful for shorter commutes, as are the CitiBikes docked over on Third Avenue. Both Park Avenue and FDR Drive help car owners travel north and south, and a mile east at 90th Street, the water ferry offers a scenic route all the way down to Wall Street.
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Quantarium
Current List Price
Sold Price
Area Factors
Low Crime
Crime Score®
2/ 10
Very Bikeable
Bike Score®
83/ 100
Walker's Paradise
Walk Score®
100/ 100
Rider's Paradise
Transit Score®
100/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
Ancient Playground
5 min walk
Central Park
10 min walk
Ruppert Park
10 min walk
Picnic Area
Trails
Playground
Samuel Seabury Playground
11 min walk
Basketball
Playground
Events
Great Lawn
12 min walk
Picnic Area
Trails
Events
Park Avenue Malls
12 min walk
Picnic Area
East Meadow
14 min walk
Multi-Purpose Field
Marx Brothers Playground
3 min drive
Soccer
Playground
DeKovats Playground
3 min drive
Picnic Area
Trails
Playground
Schools
Source:
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View GreatSchools Rating Methodology
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