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340 E 83rd Street #1A
About This Property
Welcome home to 340 East 83rd Street, a boutique coop situated in one of the most convenient spots on the Upper East Side. The value here is tough to beat.
This well laid out studio has noticeable 10 foot ceilings, fantastic natural light, and an open / pass thru kitchen which gives the space a loft-like feel. You will notice upon entering that Apt. 1A is elevated from the ground floor, south facing & quiet - unique to many other "first floor" homes. The kitchen has plenty of storage/counter space and flows nicely into the living area, which features recently refinished hardwood floors. Generous closet space and a renovated marble bath complete the space.
The building has recently been renovated with a new roof, new front door / intercom system, and updated entryway.
Located 1 block to the Q train entrance, close to many supermarkets, cafes, parks and shops.
Unlimited subletting!!! Co-purchases and pied a terres permitted. No pets please (support dogs permitted).
Please note there is a $125 assessment set to expire July 2027 as well as a $50 ongoing assessment.
Listed By
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 23, 2025 | Listed by Compass | $299,000 | |
Listed by Compass | |||
Jul 22, 2022 | Withdrawn | - | |
Withdrawn | |||
Apr 20, 2022 | Price Increased |
$299,000
↑ $14K
(4.9%) | |
Price Increased | |||
Apr 14, 2022 | Listed | $285,000 | |
Listed | |||
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Spacious Move In Ready Studio Apartment in Prime Upper East Side
Location Welcome home to 340 East 83rd Street, a boutique coop
situated in one of the most convenient spots on the Upper East
Side. The value here is tough to beat. This well laid out studio
has noticeable 10 foot ceilings, fantastic natural light, and an
open / pass thru kitchen which gives the space a loft-like feel.
You will notice upon entering that Apt. 1A is elevated from the
ground floor, south facing & quiet…
| |||
Sep 1, 2021 | No longer available | - | |
No longer available |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/10/2022
|
1 Bed
|
1 Bath
|
-
|
$340,000
1 Bed
1 Bath
|
$325,000
-4.41%
01/04/2023
|
Trevor Williams
Compass
| ||
04/18/2022
|
Studio
|
1 Bath
|
-
|
$310,000
Studio
1 Bath
|
$310,000
02/28/2023
|
-
|
Lewis Friedman
Compass
| |
03/27/2020
|
1 Bed
|
1 Bath
|
-
|
$350,000
1 Bed
1 Bath
|
$312,125
-10.82%
09/09/2020
|
Trevor Williams
Compass
| ||
09/12/2019
|
Studio
|
1 Bath
|
-
|
$425,000
Studio
1 Bath
|
$420,000
-1.18%
08/14/2020
|
Nicholas Oliver
HomeDax Real Estate LLC
| ||
02/28/2019
|
Studio
|
1 Bath
|
-
|
$225,000
Studio
1 Bath
|
$285,000
+26.67%
10/11/2019
|
Daniella Leon
Compass
| ||
04/18/2018
|
Studio
|
1 Bath
|
-
|
$315,000
Studio
1 Bath
|
$305,000
-3.17%
10/04/2018
|
Christopher James
Douglas Elliman Real Estate
| ||
09/27/2014
|
Studio
|
1 Bath
|
-
|
$269,000
Studio
1 Bath
|
$273,000
+1.49%
11/21/2014
|
Krystina Cuesta
Daniel Gale Associates Inc
| ||
04/21/2014
|
Studio
|
1 Bath
|
-
|
$279,000
Studio
1 Bath
|
$272,000
-2.51%
08/05/2014
|
Diana Zhang
Brown Harris Stevens Residential Sales LLC
| ||
12/13/2012
|
Studio
|
-
|
-
|
$225,000
Studio
-
|
-
10/30/2013
|
Frances Rickard
City Connections Realty Inc
|
Building Info
- 22 Units
- 1 Unit for Sale
