531 E 83rd Street #2-A new Save Request In-Person Tour Request Virtual Tour
Manhattan,NY 10028
Key Details
Property Type Co-op
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
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!
Location
State NY
County New York
Building Detail https://miami.manhattanmiami.com/nyc/buildings/531-e-83rd-st
Interior
Equipment Intercom
Laundry Building Washer Dryer Install Allowed,Common Area,In Unit
Building
Story 5
New Construction No
Others
Monthly Total Fees $1,503
Special Listing Condition Board Approval Required
Pets Allowed Building Yes,Yes