10
Map
$899,000
●
Co-op -
For Sale
515 E 85th Street #8C
Manhattan, NY 10028
2 Beds
2 Baths
$7,247
Est. Monthly
$2,832
HOA / Fees
3.82%
Cap Rate
About This Property
OPEN HOUSE BY APPOINTMENT ONLY. Incredibly rare opportunity to
purchase this sun-splashed, sprawling 2 bedroom home. Every
oversized window faces South over quiet and bucolic 85th Street,
providing gorgeous natural light all day. The living room connects
to a separate dining area and the sense of open space is apparent
from the moment you enter. There are two king-sized, split
bedrooms, 2 full bathrooms and ample closet space. This is a truly
remarkable home just waiting for you to make it your own!
515 East 85th Street is an exceptionally well cared for white glove, full-service building with a live-in super and a remarkably attentive staff. The building has available storage and bike storage for rent and runs a small garage (spots on a wait list.) Just steps from Carl Schurz Park, the East River Park Promenade, Asphalt Green, hospitals, schools and shopping. Lots of transportation options including the Q train and the express shuttle to Wall Street. Pets welcome. Subleasing, parents purchasing for children and pied-a-terres allowed with board approval. Please note photos feature virtual staging. ALL SHOWINGS BY APPOINTMENT ONLY.
515 East 85th Street is an exceptionally well cared for white glove, full-service building with a live-in super and a remarkably attentive staff. The building has available storage and bike storage for rent and runs a small garage (spots on a wait list.) Just steps from Carl Schurz Park, the East River Park Promenade, Asphalt Green, hospitals, schools and shopping. Lots of transportation options including the Q train and the express shuttle to Wall Street. Pets welcome. Subleasing, parents purchasing for children and pied-a-terres allowed with board approval. Please note photos feature virtual staging. ALL SHOWINGS BY APPOINTMENT ONLY.
Unit Size
-
Days on Market
16 days
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$2,832
Year Built
1962
Listed By
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
You can learn more about cap rate here .
Last updated: 15 days ago (RLS #RLS11030400)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 23, 2025 | Listed by Compass | $899,000 | |
| Listed by Compass | |||
Property Highlights
Garage
Doorman
Elevator
Air Conditioning
Parking Details
Has Garage
Parking Features: Garage
Interior Details
Full Bathrooms: 2
Appliances: Dishwasher
Laundry Features: Common Area, CommonOnFloor
Rooms: 4
Exterior Details
Year Built: 1962
Lot Size Units: Square Feet
Lot Size Dimensions: 101.000000x102.170000
Tax Lot: 0000
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Wall Furnace
Location Details
HOA Fee: $2,832
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Co-op
2
Beds
2
Baths
-
$899,000
Nov 11, 2020
$899,000
Mar 18, 2021
$3,486/mo
Co-op
2
Beds
2
Baths
-
$962,500
Sep 24, 2020
$962,500
Jul 15, 2021
$2,392/mo
Co-op
2
Beds
2
Baths
1,150 ft²
$869/ft²
$999,000
Aug 5, 2015
$999,000
Feb 5, 2021
$2,047/mo
Co-op
2
Beds
1
Bath
-
$750,000
Apr 5, 2021
$750,000
Sep 14, 2021
$2,131/mo
Co-op
2
Beds
2
Baths
1,100 ft²
$920/ft²
$1,012,500
Jan 6, 2017
$1,012,500
Jun 27, 2017
$2,238/mo
Active
Condo
2
Beds
2
Baths
1,100 ft²
$795/ft²
$875,000
Oct 25, 2024
-
$3,567/mo
In Contract
Condo
2
Beds
2
Baths
1,150 ft²
$804/ft²
$925,000
Sep 16, 2024
-
$3,437/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
04/03/2024
|
1 Bed
|
1 Bath
|
-
|
$835,000
1 Bed
1 Bath
|
$807,000
-3.35%
10/11/2024
|
-
|
Jason Zeller
Compass
| |
|
05/18/2023
| |
Loft
|
1 Bath
|
700 ft²
|
$650,000
Loft
1 Bath
700 ft²
|
-
-
|
-
|
Edward Hasicka
NextHome Residential
|
|
05/18/2023
|
1 Bed
|
1 Bath
|
-
|
$650,000
1 Bed
1 Bath
|
-
-
|
-
|
Edward Hasicka
NextHome Residential
| |
|
01/27/2023
|
1 Bed
|
1 Bath
|
750 ft²
|
$675,000
1 Bed
1 Bath
750 ft²
|
$630,000
-6.67%
10/22/2023
|
-
|
Marie Mckeown
Halstead Property, LLC
| |
|
10/03/2022
|
1 Bed
|
1 Bath
|
-
|
$800,000
1 Bed
1 Bath
|
$785,000
-1.88%
03/03/2023
|
Nancy Slavin
Douglas Elliman Real Estate
| ||
|
07/08/2022
|
2 Bed
|
2 Bath
|
-
|
$1,099,000
2 Bed
2 Bath
|
$1,049,000
-4.55%
10/12/2022
|
Kevin M Kurland
Home By Choice LLC
| ||
|
09/13/2021
|
1 Bed
|
1 Bath
|
-
|
$629,000
1 Bed
1 Bath
|
$610,000
-3.02%
02/02/2022
|
Enjo Cho-Hong
Sothebys International Realty
| ||
|
09/09/2021
|
Studio
|
1 Bath
|
-
|
$550,000
Studio
1 Bath
|
$550,000
02/07/2022
|
Teresa Wakabayashi
Corcoran Group
| ||
|
04/05/2021
|
2 Bed
|
1 Bath
|
-
|
$799,000
2 Bed
1 Bath
|
$750,000
-6.13%
09/14/2021
|
-
|
Marlene Marcus
Brown Harris Stevens Residential Sales LLC
| |
|
04/05/2021
|
1 Bed
|
1 Bath
|
-
|
$795,000
1 Bed
1 Bath
|
$750,000
-5.66%
08/05/2021
|
-
|
Richard Ziegelasch
Corcoran Group
| |
|
03/17/2021
|
Studio
|
1 Bath
|
-
|
$420,000
Studio
1 Bath
|
$400,000
-4.76%
08/19/2021
|
Edward Kalisvaart
Keller Williams NYC
| ||
|
11/16/2020
|
4 Bed
|
3 Bath
|
-
|
$2,100,000
4 Bed
3 Bath
|
$2,025,000
-3.57%
06/28/2021
|
Valerie Artzt
Compass
| ||
|
11/11/2020
|
2 Bed
|
2 Bath
|
-
|
$899,000
2 Bed
2 Bath
|
$870,000
-3.23%
03/17/2021
|
Alex Pearl
Compass
| ||
|
09/24/2020
|
2 Bed
|
2 Bath
|
-
|
$995,000
2 Bed
2 Bath
|
$962,500
-3.27%
07/08/2021
|
Stacey Froelich
Compass
| ||
|
07/20/2020
|
1 Bed
|
1 Bath
|
-
|
$899,000
1 Bed
1 Bath
|
$825,000
-8.23%
08/19/2021
|
-
|
Gail Bomze
Elliman
| |
|
08/27/2019
|
1 Bed
|
1 Bath
|
750 ft²
|
$585,000
1 Bed
1 Bath
750 ft²
|
$520,000
-11.11%
05/27/2021
|
-
|
Nicole Orphanos
Prudential Douglas Elliman Real Estate
| |
|
05/21/2019
|
2 Bed
|
2 Bath
|
-
|
$1,275,000
2 Bed
2 Bath
|
$1,235,000
-3.14%
10/10/2019
|
Valerie Artzt
Compass
| ||
|
10/18/2018
|
1 Bed
|
1 Bath
|
750 ft²
|
$669,500
1 Bed
1 Bath
750 ft²
|
-
-
|
-
|
Lisa DiGennaro
Titan Home Realty, Inc.
| |
|
05/03/2018
|
1 Bed
|
1 Bath
|
-
|
$695,000
1 Bed
1 Bath
|
$637,500
-8.27%
08/13/2018
|
Craig Roth
Next Stop NY
| ||
|
10/25/2017
|
1 Bed
|
1 Bath
|
-
|
$499,000
1 Bed
1 Bath
|
$499,000
02/15/2018
|
Royce Berler
Citi Habitats, Inc.
| ||
|
10/02/2017
|
1 Bed
|
1 Bath
|
-
|
$850,000
1 Bed
1 Bath
|
$654,000
-23.06%
12/11/2018
|
-
|
Laurie Diamond
Compass
| |
|
04/28/2017
|
1 Bed
|
1 Bath
|
750 ft²
|
$735,000
1 Bed
1 Bath
750 ft²
|
-
03/07/2018
|
Laurie Diamond
Compass
| ||
|
01/06/2017
|
2 Bed
|
2 Bath
|
1100 ft²
|
$1,025,000
2 Bed
2 Bath
1100 ft²
|
$1,012,500
-1.22%
06/27/2017
|
David Glick
Douglas Elliman Real Estate
| ||
|
10/19/2016
|
4 Bed
|
3.5 Bath
|
-
|
$2,250,000
4 Bed
3.5 Bath
|
$2,200,000
-2.22%
02/16/2017
|
Laurie Diamond
Stribling & Associates Ltd
| ||
|
05/11/2016
|
2 Bed
|
2 Bath
|
1100 ft²
|
$1,145,000
2 Bed
2 Bath
1100 ft²
|
$1,050,000
-8.30%
10/26/2016
|
Norman Steiner
R New York
| ||
|
04/19/2016
|
Studio
|
1 Bath
|
560 ft²
|
$380,000
Studio
1 Bath
560 ft²
|
$380,000
11/16/2016
|
Nicholas Gavin
Compass
| ||
|
09/22/2015
|
2 Bed
|
2 Bath
|
-
|
$1,100,000
2 Bed
2 Bath
|
$1,060,000
-3.64%
05/18/2016
|
Tasha Trice
Brown Harris Stevens Residential Sales LLC
| ||
|
08/05/2015
|
2 Bed
|
2 Bath
|
1150 ft²
|
$999,000
2 Bed
2 Bath
1150 ft²
|
$999,000
12/01/2015
|
Robert Godby
Compass
| ||
|
07/20/2015
|
Studio
|
1 Bath
|
-
|
$389,000
Studio
1 Bath
|
$380,000
-2.31%
12/16/2015
|
Royce Berler
Citi Habitats, Inc.
| ||
|
05/29/2015
|
Studio
|
1 Bath
|
-
|
$379,000
Studio
1 Bath
|
$385,000
+1.58%
09/28/2015
|
Salvatore Fichera
Halstead dba Brown Harris Stevens Residential Sales LLC
| ||
|
05/01/2015
|
1 Bed
|
1 Bath
|
-
|
$775,000
1 Bed
1 Bath
|
$775,000
01/11/2016
|
Jessica Cohen
Douglas Elliman Real Estate
| ||
|
02/26/2015
|
1 Bed
|
1 Bath
|
-
|
$595,000
1 Bed
1 Bath
|
$635,503
+6.81%
05/18/2015
|
Leasing Office, Chelsea Park 260 West 26th Street
The Corcoran Group
| ||
|
02/23/2015
|
1 Bed
|
1 Bath
|
825 ft²
|
$560,000
1 Bed
1 Bath
825 ft²
|
$560,000
09/16/2015
|
Cathy Lempert
Douglas Elliman Real Estate
| ||
|
01/20/2015
|
1 Bed
|
1 Bath
|
-
|
$499,000
1 Bed
1 Bath
|
$505,000
+1.20%
04/15/2015
|
Anna Kahn
Halstead dba Brown Harris Stevens Residential Sales LLC
| ||
|
02/27/2014
|
1 Bed
|
1 Bath
|
750 ft²
|
$449,500
1 Bed
1 Bath
750 ft²
|
$449,500
06/23/2014
|
Evelyn G Muller
Warburg Realty Partnership Ltd.
| ||
|
09/21/2013
|
1 Bed
|
1 Bath
|
700 ft²
|
$650,000
1 Bed
1 Bath
700 ft²
|
-
-
|
-
|
Judith H Auchincloss
Prudential Douglas Elliman Real Estate
| |
|
09/21/2013
|
2 Bed
|
2 Bath
|
1100 ft²
|
$899,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
-
|
Cathy Lempert
Douglas Elliman Real Estate
| |
|
07/24/2013
|
4 Bed
|
3 Bath
|
1850 ft²
|
$1,495,000
4 Bed
3 Bath
1850 ft²
|
$1,451,000
-2.94%
11/21/2013
|
Alex Pearl
Compass
| ||
|
09/20/2012
|
2 Bed
|
2 Bath
|
1200 ft²
|
$799,000
2 Bed
2 Bath
1200 ft²
|
-
08/08/2013
|
John Herbst
Elliman
| ||
|
11/20/2012
|
1 Bed
|
1 Bath
|
-
|
$260,000
1 Bed
1 Bath
|
$260,000
02/13/2013
|
Leslie Oshea
Brown Harris Stevens Residential Sales LLC
| ||
|
10/03/2012
|
1 Bed
|
1 Bath
|
-
|
$529,000
1 Bed
1 Bath
|
-
-
|
-
|
Leslie Oshea
Brown Harris Stevens Residential Sales LLC
| |
|
09/08/2010
|
2 Bed
|
2 Bath
|
-
|
$825,000
2 Bed
2 Bath
|
$720,000
-12.73%
11/14/2012
|
-
|
Noble Black
The Corcoran Group
| |
|
05/06/2008
|
2 Bed
|
2 Bath
|
-
|
$875,000
2 Bed
2 Bath
|
$850,000
-2.86%
09/22/2008
|
Cordelia Robb
Brown Harris Stevens Residential Sales LLC
|
Building Info
515 85 Owners Corp.
515 East 85th Street, New York, NY 10028
- 83 Units
- 3 Units for Sale
About Upper Manhattan
Similar Homes for Sale
Nearby Rentals
Listed by: Alex Pearl
Listing Courtesy of Compass
Last Updated: 15 days ago
Last Checked: 14 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
The information is being provided by REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 REBNY Listing Service, Inc. All rights reserved. RLS Data display by RH Advisors.
Listing Courtesy of Compass
Last Updated: 15 days ago
Last Checked: 14 minutes ago
Data Source: REBNY (©2024 Real Estate Board of New York)
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
