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531 E 83rd Street #2A, 
Manhattan, NY 10028

$625,000


2

Beds


1

Bath


-

Sq Ft


Co-op

Active

Listed by

Julie Zhang

R New York

Last updated:

June 27, 2025, 09:52 PM

MLS#

RLS20033430

Source:

NY REBNY

About This Home

531 E 83rd Street #2A

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-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!

Home Facts

Co-op

1 Bath

2 Bedrooms

Built in 1915

Price Summary

625,000

MLS #:

RLS20033430

Last Updated:

June 27, 2025, 09:52 PM

Added:

3 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1


Structure

Structure

Architectural Style:

Prewar

Year Built:

1915


Finances & Disclosures

Finances

Price:

$625,000

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2025 The Real Estate Board of New York, Inc., All rights reserved. RLS Data display by Coldwell Banker Warburg This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
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531 E 83rd Street #2A
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Mon, Jun 30
09:00 AM05:00 PM

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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.