531 E 83rd Street #2-A, Manhattan, NY 10028 (MLS # RLS20033430)

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PRICE $625,000 BEDS 2 BATHS 1 HOME SIZE n/a LOT SIZE n/a Request More Info Schedule a Showing

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 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!