$7,719 Closing Credit¹
#RLS20025568, Elizabeth Hamersley, Listing office: Douglas Elliman Real Estate
#RLS20033430·
Listing office: R New York·
Listing agent: JULIE ZHANG·
Listing agent phone: (212) 688-1000·
Listing office phone: (212) 688-1000
$625,000 List price
531 E 83rd St Unit 2-A New York City, NY 10028
$7,422
Closing credit¹
2 beds
1 full
Condo
Property details
About 531 E 83rd St Unit 2-A
Flexible Investment Opportunity with Lenient Board Policies!<br><br>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%.<br><br>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.<br><br>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.<br><br>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.<br>Don’t miss this unique opportunity!
Highlights
Home typeStock Cooperative
StatusActive
Year built1915
MLS #RLS20033430
Summary
- Full Bathrooms: 1
- Appliances: Dryer, Washer
- Interior: Kitchen Window
- Total Bedroom Count: 2
- Architectural Style: Prewar, Walk-Up
- List Price: $625,000
- HOA Amount: $1503 Monthly
- Year Built: 1915
- MLS Number: RLS20033430
- MLS Name: RLS
- Office Name: R New York
- Office Phone: (212) 688-1000
- Listing Agent: JULIE ZHANG
- Agent Phone: (212) 688-1000
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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 6/27/2025, 7:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$625,000
531 E 83rd St Unit 2-A
$7,422
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
9
P.S. 158 Bayard Taylor School
Public District KG-6
0.3 mi
•1458 York Ave
7
Yorkville Community School
Public District PK-5
0.3 mi
•421 E 88th St
9
P.S. 290 Manhattan New School
Public District KG-5
0.3 mi
•311 E 82nd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $79,022. Residents of New York City, NY typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
18%
<35k
44%
35k-100k
14%
100k-200k
24%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
66%
Single, No Kids
3%
Single, with Kids
20%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
5%
12-17 yrs old
32%
18-34 yrs old
39%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Music Concerts
Live Theatre
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Chipotle
Boston Market
What do the neighbors drive?
Audi
Volkswagen
Mercedes
What do the neighbors listen to?
News
Rhythmic Contemporary Hits- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 531 E 83rd St Unit 2-A
The listing price of 531 E 83rd St Unit 2-A property is $625,000.
The property 531 E 83rd St Unit 2-A is a condo located in New York City, New York, 10028.
Active Listing: 531 E 83rd St Unit 2-A is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 531 E 83rd St Unit 2-A are: P.S. 158 Bayard Taylor School (GreatSchools Rating 9/10), Yorkville Community School (GreatSchools Rating 7/10), P.S. 290 Manhattan New School (GreatSchools Rating 9/10), Yorkville East Middle School (GreatSchools Rating 9/10), East Side Middle School (GreatSchools Rating 9/10), J.H.S. 167 Robert F. Wagner School (GreatSchools Rating 8/10), Eleanor Roosevelt High School (GreatSchools Rating 10/10), Life Sciences Secondary School (GreatSchools Rating 3/10), Success Academy Charter School-Harlem 3 (GreatSchools Rating 7/10).
The property at 531 E 83rd St Unit 2-A has 2 bedrooms and 1 bathroom.
The sq. ft. of 531 E 83rd St Unit 2-A is not available (source: MLS/tax record).
The year of construction for 531 E 83rd St Unit 2-A is 1915.
This home is located at 531 E 83rd St Unit 2-A in New York City, NY and zip code 10028 in the Upper East Side neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $625,000.
In May 2025, from all listings sold in New York City, NY there were more than 207 sold above asking price, over 737 sold below and more than 936 were sold right at the asked price. The inventory of homes for sale in New York City, NY between April and May 2025 increased by 0.3%. In May 2025, listings were on the market for 121 days. During the same period, the median list price in this real estate market was $875,081.
From Rocket Homes Real Estate and based on county public records data.