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531 East 83rd Street
Apartment #2-A
$625,000 Price
2 Bedrooms   1.0 Bath
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Photo 1 of 531 East 83rd Street 2-A, Upper East Side, NYC, $625,000, Web #: 1118449489Previous PhotoNext Photo1 of 5

531 East 83rd Street, Upper East Side, NYC

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...

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!

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Upper East Side, NYC
Type: Cooperative
Price: $625,000
Maintenance/CC: $1,503
Date Listed: 6/26/2025
Web ID: 1118449489

Info & Amenities

Type: Co-op
Rooms: 4.0
Bedrooms: 2
Bathrooms: 1.0
Washer and dryer: Yes
Built: 1915
Pets allowed: Yes

Map of Area for 531 East 83rd Street 2-A

Get to Know Upper East Side

The Upper East Side is a prestigious residential neighborhood in Manhattan known for its historic charm, tree-lined streets, and cultural attractions. It encompasses the Museum Mile, featuring renowned institutions like the Metropolitan Museum of Art and the Guggenheim Museum. The area exudes an elegant and sophisticated atmosphere, attracting families, professionals, and art enthusiasts.

More About Upper East Side

Neighborhood Guide to Upper East Side

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.

All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all descriptive information should be confirmed by customer. All rights to content, photographs and graphics are reserved to Brown Harris Stevens. Customer should consult with its counsel regarding all closing and tax costs. Broker represents the seller/owner on Broker's own exclusives, except if another agent of Broker represents the buyer/tenant, in which case Broker will be a dual agent, in Connecticut, or , in New York State and New Jersey, a dual agent with designated or disclosed agents representing seller/owner and buyer/tenant. Broker represents the buyer/tenant when showing the exclusives of other real estate firms. In Florida, Broker acts as a Transaction Broker with all sellers and buyers, unless a different form of agency has been established in writing. If you are looking to purchase or rent housing, are using a screen reader, and are having problems using this website, please call 1-212-712-1163 for assistance. All phone charges will be reimbursed by Brown Harris Stevens. Broker actively supports Fair Housing and Equal Housing Opportunities. BHS has adopted the attached policy statement - Prior to showing a homebuyer a property or providing services: (1) BHS does not require identification from a prospective homebuyer, (2) BHS may require a written agreement from a homebuyer before showing properties; and (3) BHS does not require a pre-approval for a mortgage loan in order to show a homebuyer properties. However, based upon the requirements of the seller, the building in which the properties is located, or others, some or all of the foregoing items may be required. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. 2025 The Real Estate Board of New York, Inc., all rights reserved. RLS Data display by Brown Harris Stevens. Powered by Terra Holdings.