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$500,000
●
Co-op -
Off Market
531 E 83rd St #4C
Manhattan, NY 10028
1 Bed
1 Bath
625 Sqft
$3,498
Estimated Monthly
$1,042
HOA / Fees
3.20%
Cap Rate
About This Property
**No Board Approval** Welcome to 531 East 83rd Street where you
will find an amazing INVESTMENT OPPORTUNITY! This stunning and
fully renovated one bedroom plus den/home office that is currently
tenant occupied at $2500 per month. No detail was overlooked when
renovating this unit, its features include: King Sized bedroom,
generous closet and storage space throughout, an additional
space/nook (currently configured as a home office), full kitchen
with dishwasher and microwave, and a washer/dryer in the unit.
Spanning over 625 square feet, this apartment makes for an
incredibly sound investment. Building amenities include: laundry
room and live-in Superintendent. 531 East 83rd is an ideal co-op
that has a very simple approval process, allows subletting/
parental and co-purchasing/ and pied a terres.
Unit Size
625Ft²
Days on Market
-
Land Size
-
Price per sqft
$800
Property Type
Co-op
Property Taxes
-
HOA Dues
$1,042
Year Built
1915
Last updated: 5 months ago ( #OLRS-970687)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 16, 2018 | Sold to Young Ha Park | $390,000 | |
| Sold to Young Ha Park | |||
| Aug 8, 2017 | Listed by Corcoran Group | $485,000 | |
| Listed by Corcoran Group | |||
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INVESTOR OPPORTUNITY / GREAT FOR 1031 / NO BOARD APPROVAL /
MAINTENANCE 67% TAX DEDUCTIBLE
Current Tenant paying: $2,500/month with a 2.5% increase for year 2
(PURCHASE W/ TENANT IN PLACE)
Spanning over 650 square feet, this extra-large, south facing,
1-bedroom home features a king-sized bedroom, large eat-in kitchen
with dishwasher, sunny and spacious living/dining area, home office
nook, expansive closet space, high ceilings with recessed lighting
and an in-unit washer/dryer.
Located…
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| Oct 6, 2015 | Listed by Maz Group NY | $500,000 | |
| Listed by Maz Group NY | |||
| May 22, 2014 | Listed | $410,000 | |
| Listed | |||
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This is a charming, true one bedroom in a pre-war building with a
Washer/Dryer in the apartment! The south facing windows allow for
natural light to illuminate the spacious bedroom. The living room
stretches all the way to a fully equipped open kitchen and even has
an alcove for an impromptu dining room or studio. Aside from the
hardwood floors in the living room and bedroom, brick tile
decorates the kitchen floor giving it a rustic European feel The
co-op building is located on a quiet…
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Property Highlights
Interior Details
Bathroom Information
Full Bathrooms: 1
Interior Information
Appliances: Washer Dryer
Laundry Features: Common Area
Room Information
Rooms: 3
Exterior Details
Property Information
Property Condition: Excellent
PropertySubType: Apartment
Living Area: 625
Living Area Units: SquareFeet
Building Information
Stories (Total): 5
Financial Details
Flip Tax Remarks: ASK EXCL BROKER
Flip Tax Type: Percent
Tax Deduction Remarks: ASK EXCL BROKER
Location Details
Association Fee: $1,042
Pets Allowed: Unit No, Building Yes
Other Details
Coexclusive: No
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
1
Bed
1
Bath
650 ft²
$600/ft²
$390,000
Aug 8, 2017
$390,000
Jan 22, 2018
$1,042/mo
Co-op
1
Bed
1
Bath
750 ft²
$633/ft²
$475,000
May 12, 2014
-
Feb 5, 2021
$1,199/mo
Co-op
1
Bed
1
Bath
750 ft²
$693/ft²
$520,000
Mar 28, 2019
$520,000
Jul 2, 2019
$1,061/mo
Co-op
1
Bed
1
Bath
750 ft²
$633/ft²
$475,000
Sep 12, 2019
$475,000
Oct 20, 2020
$1,669/mo
Co-op
1
Bed
1
Bath
750 ft²
$756/ft²
$567,260
Sep 15, 2018
$567,260
Jan 16, 2019
$1,578/mo
Co-op
1
Bed
1
Bath
750 ft²
$567/ft²
$425,000
Jan 25, 2016
-
Feb 5, 2021
$1,071/mo
In Contract
Co-op
1
Bed
2
Baths
695 ft²
$862/ft²
$599,000
May 28, 2022
-
$1,512/mo
In Contract
Co-op
1
Bed
1
Bath
800 ft²
$619/ft²
$495,000
Nov 21, 2022
-
$1,893/mo
In Contract
Co-op
1
Bed
1
Bath
850 ft²
$647/ft²
$550,000
Apr 10, 2023
-
$1,729/mo
In Contract
Co-op
Stu
1
Bath
550 ft²
$864/ft²
$475,000
Aug 1, 2020
-
$1,082/mo
Active
Condo
Stu
1
Bath
500 ft²
$1,160/ft²
$580,000
Mar 10, 2023
-
$1,475/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
02/15/2021
|
2 Bed
|
1 Bath
|
-
|
$375,000
2 Bed
1 Bath
|
$375,000
04/29/2021
|
Jason Angrist
Compass
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10/15/2018
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1 Bed
|
1 Bath
|
-
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$535,000
1 Bed
1 Bath
|
$400,000
-25.23%
06/13/2019
|
Bryce Kristall
Compass
|
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|
08/08/2017
|
1 Bed
|
1 Bath
|
650 ft²
|
$485,000
1 Bed
1 Bath
650 ft²
|
$390,000
-19.59%
01/16/2018
|
Richard Zwerling
Corcoran Group
|
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|
10/06/2015
|
1 Bed
|
1 Bath
|
625 ft²
|
$500,000
1 Bed
1 Bath
625 ft²
|
-
-
|
-
|
Adrian Silvestre
Maz Group NY LLC
|
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01/29/2015
|
2 Bed
|
1 Bath
|
-
|
$549,000
2 Bed
1 Bath
|
-
-
|
-
|
Li Mai
R New York
|
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|
02/24/2013
|
2 Bed
|
1 Bath
|
-
|
$389,000
2 Bed
1 Bath
|
$380,000
-2.31%
06/07/2013
|
Janna Raskopf
Elliman
|
Building Info
