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Residential Income Property with Storage

450 E 83rd Street 5F, Manhattan, NY 10028

For Sale
$760,000

Upper East Side studio condominium with custom storage, in-unit laundry, and full-service building amenities.

Property Size630 SF
Price / SF$1,206
Days on Market55

Property Features for 450 E 83rd Street 5F

General Information

Standard status Active
Size 630 SF
Property subtype Apartment

Units

Unit Mix 1 x studio
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $10,860

Amenities

24-hour doorman
fitness center
recreation room
cold storage
parking
in-unit washer/dryer
storage cage

Building Details

Building Size 630 SF
Year Built 2005
Listing Agency: Compass
Listed By: DANA SAPIR · License #10401300619
Source: Howardhannanyc
Added: Sep 14 Changed: Nov 5 Last Checked: Nov 6 at 6:01PM

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 Compass

Rey
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Investment Insights

Based on property information with market context.

Residence 5F is a 630-square-foot studio condominium at The Cielo, completed in 2005. The home includes high ceilings, custom-built storage, two closets with a walk-in, and an additional 8-by-10-foot storage cage on the same floor. An open kitchen features Sub-Zero stainless steel appliances, granite counters, and soft-close cabinetry. In-unit laundry, designer lighting, and a layout described as convertible to a one-bedroom residence add to the apartment’s functionality.

The full-service condominium provides a 24-hour doorman, fitness center, recreation room, cold storage, and parking. The property is located at 450 E 83rd Street in New York City, near Whole Foods, Fairway, a Saturday farmers market, Carl Schurz Park, and the East River Promenade. The Second Avenue Q subway is two blocks away, with the 4/5/6 lines within walking distance.

Key Highlights

  • 630 SF studio condominium at The Cielo
  • 8x10 storage cage on the same floor
  • Open kitchen with Sub‑Zero appliances and granite countertops

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

4,763
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
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Market

Average Price Trend$/SF for Residential income properties in Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Upper East Side studio condominium with custom storage, in-unit laundry, and full-service building amenities.
Where is this residential income property located?
The property is located at 450 E 83rd Street 5F Manhattan, NY.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: 630 SF studio condominium at The Cielo; 8x10 storage cage on the same floor; Open kitchen with Sub‑Zero appliances and granite countertops
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