Investor-friendly Upper East Side co-op with day-one subletting and low maintenance fees. Spacious, renovated apartments near Carl Schurz Park feature modern kitchens and in-unit washers/dryers. Currently, 1 apartment is for sale.
531 East 83rd Street is a five story, 15 unit pre-war co-op in Yorkville, with a walk up format and a notably flexible ownership and subletting structure. Subletting is permitted from day one, while co-purchasing, parental purchases, and pied-à-terre arrangements are also allowed, subject to the building’s policies.
The apartments are organized primarily around one and two bedroom layouts, including oversized one bedrooms that can be configured with a separate sleeping area or home office. High ceilings, hardwood floors, generous closet space, and strong natural light recur across the residences, while multiple exposures and windowed kitchens or bathrooms appear in several layouts. In-unit washers and dryers are also a recurring feature, and the building has a laundry room.
Set on a quiet, tree-lined block, the building is one block from Carl Schurz Park and close to the East River Esplanade. Yorkville’s restaurants, shops, groceries, and neighborhood services are nearby, with the 86th Street station on Second Avenue serving the Q train and the 86th Street station on Lexington Avenue serving the 4, 5, and 6 trains.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.