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.

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Building Features 4 Floors16 Units

intercom

Unit Features

fireplace
Pet Policy: Building Yes, No

$420,000

$4,900  -  7 days ago

Listed 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

Robert Falcone

[email protected]

(917) 575-0329

Listing Courtesy of Douglas Elliman Real Estate View Listing

Unit listing history

Date Status Amount Listed by
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