THE CONDO BOOK PROJECT

255 East 77: What the Offering Plan Says About Finishes, Amenities and Costs

Updated · 6 min read

255 East 77 is a 62-unit new condo on the Upper East Side, mostly three- to five-bedroom family homes with Miele kitchens and Waterworks baths. Its offering plan budgets a 24/7 doorman, a lifeguard for a 75-foot indoor lap pool and an automated garage, and buyers chip in at closing to buy the resident manager's apartment.

In brief: 255 East 77 is a 62-apartment new condo tower at East 77th Street and Second Avenue, built mostly for families: half the homes are four-bedrooms, and the largest penthouse is about 7,200 square feet. The offering plan specifies Miele kitchens with gas cooking, Waterworks and Toto baths, and a full club floor with a 75-foot stainless steel lap pool and a lifeguard. It also budgets a 24/7 doorman, a live-in resident manager in an apartment the condo buys, and a 22-car robotic garage.

What's Specific to It

255 East 77 (legally 255 East 77th Street Condominium) is a new-construction tower developed by the Naftali Group, with the residential entrance on East 77th Street and a single commercial unit facing Second Avenue. The New York Attorney General accepted its offering plan in June 2024. The plan shows what listings don't: model numbers, who staffs the lobby and what it all costs.

At a Glance

Finishes

Kitchens

Every kitchen is Miele with gas cooking: typically a 36-inch cooktop, panel-ready fridge and freezer columns, convection and speed ovens and a warming drawer. The five-bedroom "D" line gets a 48-inch dual-fuel range. Add a panel-ready Sub-Zero wine cooler, stone slab counters, lacquer or wood cabinets with a white oak island, and a Lefroy Brooks faucet over Franke sinks.

Bathrooms

Primary baths have Waterworks Henry fittings in polished nickel (including a ceiling rain head), Kohler sinks, a wall-hung Toto toilet, a freestanding Duravit tub and stone mosaic floors. Secondary baths use Waterworks Ludlow fittings, a Toto Drake toilet and a Kohler tub. More in bathroom brands in NYC luxury condos.

Floors, walls and windows

Laundry, heating and cooling

Every apartment has its own washer and dryer (no shared laundry room): vented Maytag pairs on floors 23 and up, ventless Whirlpool pairs below.

Heating and cooling is a water-source VRF system with Hitachi equipment (10-year warranty), fresh air comes from central energy recovery units, and hot water from central gas boilers.

Good to know: the plan lets the sponsor substitute any finish or appliance with one of "comparable or better quality," so treat brand lists as the plan's baseline, not a guarantee.

Amenities

Amenities span three levels. Compare them with amenities by building size.

Tip: storage bins (about 21 to 85 square feet) are sold by license and then cost about $1.25 per square foot a month; bike racks are about $30 a month.

Staffing and Services

The payroll estimate, based on a proposal from Century Management Services, mixes direct hires and contracted staff:

The plan doesn't say whether the staff is unionized. It does say doorman and front desk hours may be reduced until enough apartments are occupied. See what a doorman costs.

What It Costs to Run

The sponsor's first-year budget (calendar 2027) is about $2.6 million. In Schedule A, the sponsor's estimated common charges run from about $1,600 a month for the two-bedrooms to about $4,800 for the largest priced homes, and roughly $6,000 to $8,800 for the penthouses. Real estate taxes are billed on top of that.

Compare: common charge benchmarks and why condo operating costs differ.

Fine Print Worth Knowing

Who's Behind It

The sponsor is 255 East 77th St. Owner LLC, part of the Naftali Group. Hill West Architects designed it, Naftali Management LLC is the managing agent, Compass Development Marketing Group is the selling agent, and Holland & Knight is sponsor's counsel. The plan doesn't name an interior designer.

Common Questions

Does 255 East 77 have a pool?

Yes. The offering plan describes a stainless steel indoor lap pool of about 75 feet on the club floor, with a lifeguard on duty about 70 hours a week.

What are the common charges at 255 East 77?

The sponsor's first-year estimates run from about $1,600 a month for a two-bedroom to roughly $8,800 for the duplex penthouse, before real estate taxes, and they include gas for heat, hot water and cooking.

Can I buy a parking space?

You can buy one of 22 parking licenses in the automated garage; you get a plate sized for your car, not a deeded space.

Where this comes from: the building's offering plan (CD230340) filed with the New York Attorney General, including Schedule A, the Schedule B first-year budget and the architect's description of the property. Prices and charges are the sponsor's projections, not sales. Updated October 2026.