CASH INVESTORS ONLY ! Can be delivered as turnkey investment with 5 cap rate !


Property

Website:https://www.nestseekers.com/5360058
Address:
531 East 83rd Street Apt: 2-A
New York, NY 10028
Cross street:York Avenue
Type:Low-rise
Era:Post-war
Floors:5
Ownership: Co-op
Rooms: 4
Bedrooms: 2 BR
Bathrooms: 1
Pets: Pets Allowed

Financials

Price:$599,000
Maintenance:$1,507

Description

CASH INVESTORS ONLY! Can be delivered as turnkey investment with 5% cap rate!

RARE FIND - Upper East Side True 2BR with In-Unit Vented Washer/Dryer & Immediate Sublet Option!
Welcome to Apartment 2A, an efficient two-bedroom, one-bath residence located just one short flight up. Featuring high ceilings, just under 10 FT, windowed bath and kitchen equipped with stainless steel appliances including dishwasher. Apartment has 7 windows throughout.

A rare find in Manhattan, offering one of the most liberal sublet policies, allowing subletting from day one — an exceptional opportunity for investors or buyers seeking flexibility. Affordable monthlies that enhance both livability and rental appeal. This home offers strong income potential while remaining ideal for end users seeking flexibility.

Ideally situated moments from Carl Schurz Park and the East River Esplanade, with easy access to the Q train (entrance on 83rd and 2nd) as well as the 4, 5, 6 trains. Don't miss out on this opportunity!

Amenities

Laundry Room;
  • Washer / Dryer
  • Laundry Room
  • Voice Intercom
  • Walk-up

Contact

594 Broadway, New York, NY 10012, USA
Listing Courtesy of Charles Rutenberg, LLC

531 East 83rd Street New York NY 10028 USA