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Upper East Side Studio Apartment
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 Market337

Property Features for 330 E 83 St 2J

General Information

Standard status Active
Size 600 SF
Property subtype Residential

Site & Location

Neighborhood York Ville

Building Details

Building Size 600 SF
Year Built 1950
Listing Agency: Katz Realty Group
Listed By: Michael Katz
Source: Elliman
Added: Nov 28, 2025 Changed: Oct 25 Last Checked: Oct 30 at 2:47PM

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 Katz Realty Group

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

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 (±1% cap)
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 (±1% cap)
NOI $104,544 @ 7.0% cap · market cap 34.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

17,089
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

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
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Includes: Price & PSF · Cap rate · Location · Zoning

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