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In Contract

Morad Executive, 500 East 83rd Street, #3J

$1,270,000 -2.2% | 2 beds, 2 baths
View Full Building Profile  | 
131 days on Market

Key Details

  • Listed: Jan 8, 2024
    Last Price Change: -2.2% ($29,000) on Feb 18
    Days on Market: 131
    Building Type: Cooperative
    Neighborhood: Yorkville (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $2,675
Est. Monthly Mortgage: $6,382
Total Est. Monthly Carrying Cost: $9,057
Note: the above is based on a down payment of 25% ($317,500), which is the minimum amount permitted by the building.

Description

Introducing an incredible opportunity to reside in a spacious 2-bed 2-bath located in the luxurious Morad Executive building on the Upper East Side. Enjoy the full range of amenities that the building offers, including a state-of-the-art health club, a beautiful swimming pool, an attended garage, a laundry room, and a storage room. Plus, bask in the breathtaking views from the building’s stunning roof deck.

The expansive layout of this home includes 2 bedrooms, plus a dining room that can easily be converted into a 3rd bedroom. The grand living room is perfect for entertaining, with ample space for both living and dining. You’ll also appreciate the alcove, which provides an ideal spot for a home office.

The separate kitchen features granite counters and full-sized appliances, perfect for whipping up your favorite meals. Both bedrooms are generously sized, with the primary bedroom featuring an en-suite bathroom and a walk-in closet. The second bedroom is equally impressive, outfitted with a custom closet.

Welcome to 500 E.83rd St., an exquisite full-service co-op on the Upper East Side where elegance meets convenience. Located only one block away from Carl Schurz Park and the East River Promenade boardwalk, this apartment is in the heart of the Upper East Side. The Morad boasts a 24-hour doorman and concierge, along with a live-in resident manager to ensure exceptional service.

Immerse yourself in the incredible amenities including a full-service health club, indoor swimming pool, sauna, locker room, yoga room, exercise classes, and a magnificent roof deck. You’ll also enjoy the added convenience of an attended garage, storage room, bicycle room, and laundry room. The building permits pied-a-terre, co-purchasing, and gifting.

You’ll be thrilled to know that The Morad is also pet-friendly, allowing you to bring your furry friends along. Conveniently located near Carl Schurz Park and the East Promenade, you’ll be surrounded by an abundance of supermarkets, pharmacies, shopping, cafes, restaurants, and bars. Commuting is a breeze with both the Q and 4, 5, 6 trains just a short few blocks away, ensuring easy access in no time.

Take advantage of the building’s financing options, with up to 75% financing available. Don’t miss out on the opportunity to call this exceptional co-op your new home!

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Listing courtesy of Serhant LLC

Pricing History

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About Morad Executive, 500 East 83rd Street

53

Morad Executive, 500 East 83rd Street has received a CityRealty Rating of 53, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

20
Out of 44
+
22
Out of 36
+
11
Out of 39
=
53
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
Good 3 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
More than 50 blocks 0 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • Post War
  • Health Club
  • Pool
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator

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Pros
  • One block from Carl Schurz Park
  • Pet friendly
  • Health Club and Pool
  • Roof deck
  • Some terraces
  • Quiet neighborhood
  • Crosstown buses run frequently three blocks away
  • Close to fine schools
  • Doorman
  • Concierge
Cons
  • No balconies
  • Limited neighborhood shopping
  • No sundeck
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