
531 E 83rd St Unit 2-A New York, NY 10028
Yorkville NeighborhoodEstimated payment $5,597/month
Highlights
- Pre War Building
- Intercom
- 5-minute walk to Carl Schurz Park
- P.S. 158 The Bayard Taylor School Rated A
About This Home
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 remarkably 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-a-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!
Open House Schedule
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Friday, June 27, 20259:00 am to 5:00 pm6/27/2025 9:00:00 AM +00:006/27/2025 5:00:00 PM +00:00Add to Calendar
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Monday, June 30, 20259:00 am to 5:00 pm6/30/2025 9:00:00 AM +00:006/30/2025 5:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Co-Op
Year Built
- Built in 1915
HOA Fees
- $1,503 Monthly HOA Fees
Home Design
- Pre War Building
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Listing and Financial Details
- Legal Lot and Block 19 / 1580
Community Details
Overview
- Upper East Side Subdivision
- 5-Story Property
Amenities
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/26/2025 06/26/25 | For Sale | $625,000 | 0.0% | -- |
07/10/2020 07/10/20 | Rented | -- | -- | -- |
06/10/2020 06/10/20 | Under Contract | -- | -- | -- |
05/04/2015 05/04/15 | Rented | -- | -- | -- |
04/04/2015 04/04/15 | Under Contract | -- | -- | -- |
01/20/2015 01/20/15 | For Rent | -- | -- | -- |
10/20/1996 10/20/96 | For Rent | $3,500 | -- | -- |
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Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20033430

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