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Listing Courtesy of R New York
$625,000
Est. payment /mo
2 Beds
1 Bath
Open 6/30 9AM-5PM
531 E 83rd Street #2-A Manhattan, NY 10028
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OPEN HOUSE
Mon Jun 30, 9:00am - 5:00pm
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Key Details
Property Type Cooperative
Sub Type coops
Listing Status Active
Purchase Type For Sale
Subdivision Upper East Side
MLS Listing ID RLS20033430
Style Prewar,Walk-Up
Bedrooms 2
HOA Fees $1,503/mo
HOA Y/N Yes
Year Built 1915
Property Sub-Type coops
Property Description
Flexible Investment Opportunity with Lenient Board Policies!
A rare find on the Upper East Side—this well-proportioned 2-bedroom, 1-bathroom home is ideal for both end-users and savvy investors. With a lenient board and unlimited subletting allowed from day one, this apartment offers exceptional long-term flexibility. It can be delivered vacant or as a turnkey investment with a cap rate just under 5%.
Nestled on a quiet, tree-lined block, the apartment features high ceilings, a windowed open kitchen, a windowed bathroom, and the convenience of an in-unit washer/dryer. Both bedrooms are generously sized to fit a full bed and desk—perfect for comfortable living or remote work setups.
Located just moments from Carl Schurz Park, the East River Promenade, the Q train entrance at 83rd and 2nd Avenue, and a vibrant mix of restaurants and shops, this residence offers the ideal blend of tranquility and convenience.
Pied-à-terres, co-purchasing, gifting, and parental purchases are all considered on a case-by-case basis. Low monthly maintenance makes this a smart and accessible choice.
Don't miss this unique opportunity!
A rare find on the Upper East Side—this well-proportioned 2-bedroom, 1-bathroom home is ideal for both end-users and savvy investors. With a lenient board and unlimited subletting allowed from day one, this apartment offers exceptional long-term flexibility. It can be delivered vacant or as a turnkey investment with a cap rate just under 5%.
Nestled on a quiet, tree-lined block, the apartment features high ceilings, a windowed open kitchen, a windowed bathroom, and the convenience of an in-unit washer/dryer. Both bedrooms are generously sized to fit a full bed and desk—perfect for comfortable living or remote work setups.
Located just moments from Carl Schurz Park, the East River Promenade, the Q train entrance at 83rd and 2nd Avenue, and a vibrant mix of restaurants and shops, this residence offers the ideal blend of tranquility and convenience.
Pied-à-terres, co-purchasing, gifting, and parental purchases are all considered on a case-by-case basis. Low monthly maintenance makes this a smart and accessible choice.
Don't miss this unique opportunity!
Location
Interior
Interior Features Kitchen Window
Equipment Intercom
Fireplace No
Appliance Dryer, Washer
Laundry Building Washer Dryer Install Allowed, Common Area, In Unit
Exterior
Private Pool No
Building
Story 5
New Construction No
Others
Pets Allowed Pets Allowed
Ownership Stock Cooperative
Monthly Total Fees $1, 503
Special Listing Condition Board Approval Required
Pets Allowed Building Yes, Yes
RLS Data display by New York (LondonFosterNY.com)