Description
A rare and compelling opportunity on the Upper Εast Side-this spacious two-room studio combines prewar charm with exceptional investment flexibility. Featuring a renovated bath, excellent closet space, and generous cabinetry, the home offers immediate comfort with the potential to further enhance value through light kitchen updates.
What truly sets this property apart is its highly investor-friendly structure. The building permits immediate subletting with no holding period or restrictions, welcomes pied-à-terre use, and allows parents purchasing. The co-op board is notably straightforward, with no post-closing liquidity requirements, making for a smooth and accessible purchase process.
Additional conveniences include on-site laundry and a well-maintained building. Ideally positioned with easy access to the Second Avenue subway, this is a standout opportunity for an affordable primary residence, pied-à-terre, or income-producing investment.
All-cash purchases only. Please note that this apartment is not a Sponsor Unit.
Building Features 4 Floors16 Units
Unit Features
$420,000
$4,900 - 7 days agoListed on May 04, 2026
71 Days on Market
Studio / 1 Bath - / - ft²
Total Monthly Expenses: $825
Exclusively listed with: Douglas Elliman Real Estate Source: RLS
Unit listing history
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