Upper East Side Studio
For Sale
$298,999
330 E 83 St 2J, New York, NY 10028
Studio apartment in elevator building with doorman and laundry.
Property Size600 SF
Days on Market315
Property Features for 330 E 83 St 2J
General Information
Standard status
Active
Size
600 SF
Property subtype
Residential
Building Details
Building Size
600 SF
Year Built
1950
Listed By:
Michael Katz
(516) 510-7811
Source:
Elliman
Added: Nov 28, 2025
Changed: Sep 29
Last Checked: Oct 7 at 12:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Michael Katz
Investment Insights
Based on property information with market context.
This is a studio apartment located in an elevator building. The building features a part-time doorman, laundry facilities, and bike and storage lockers. It is situated in a prime Upper East Side location, with convenient access to the subway and shopping.
Key Highlights
- Prime Upper East Side location
- Elevator building
- Part‑time doorman
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,772
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,440
$375.4K
Cap Rate 7%
$268,171
$268.2K
Cap Rate 9%
$208,578
$208.6K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$35.9K $59.88/SF
− Vacancy
−$1.8K −$2.99/SF
EGI
$34.1K $56.89/SF
− OpEx
−$15.4K −$25.60/SF
NOI
$18.8K $31.29/SF
Area
New York, NY
Vacancy
5.00%
Lease Rate
$59.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,440
Cap Rate 7%
$268,171
Cap Rate 9%
$208,578
Alternative Uses
Best Use
Apartment 5plus
$268.2K
$234.7K – $312.9K
NOI $18,772 @ 7.0% cap · market cap 6.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.49M
$1.31M – $1.74M
NOI $104,544 @ 7.0% cap · market cap 34.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
17,089
Businesses Nearby
Explore this area
Business Placement
Demographics for 10028, NY
48,116
Population
29,535
Households
1.6
Avg Household Size
39
Median Age
83%
College-Educated
98%
High-School Grad
0.3 sq mi
ZIP Area
160,387
Density / Sq Mi
$168,125
Median Household Income
$116,860
Median Earnings
$2,702
Median Rent
$1,600,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Studio apartment in elevator building with doorman and laundry.
Where is this apartment building located?
The property is located at 330 E 83 St 2J New York, NY.
What is the asking price?
The asking price for this property is $298,999.
What are key features of this property?
This property features: Prime Upper East Side location; Elevator building; Part‑time doorman
