Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
500 E 83rd Street #11B

For Sale · Listing by Sothebys International Realty

500 E 83rd Street #11B

Upper East Side, Manhattan

$1,850,000

Interested in this property?
Active For Sale Co-op

$1,850,000

$1,019 per sq ft

500 E 83rd Street #11B

Upper East Side, Manhattan

Morad Executive

MLS® #RLS20062830

RLS at REBNY

Listing by Sothebys International Realty

3
Bedrooms
2
Baths
1,815
Sq. Ft.
1965
Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 1,815 sq ft
Lot Size 24,338.16 sq ft
Year Built 1965
Ownership Co-op
Maintenance $4,211/mo
Parking Garage
Neighborhood Upper East Side
Floor 11 of 21

Property Highlights

  • Views: City
  • Exposure: East,South,West facing

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 2 Full
Floor 11 of 21
View City
Exposure East,South,West
Pets Yes, CatsOk, DogsOk
Year Built 1965
Living Area 1,815 sq ft
Parking Features Garage
Structure Type MultiFamily
Furnished Unfurnished
Lot Size 24,338.16 sq ft
Block/Lot 01579/0049

Listing History

Event Date Price Change
Listed Sep 17, 2026 $2,250,000 -
Price Reduced May 18, 2026 $1,925,000 -14.4%
Currently Sep 17, 2026 $1,850,000 -3.9%

Description

Bathed in natural light from three exposures, this high-floor residence offers an ever-shifting canvas of city and sky vistas. Defined by timeless proportions and expansive picture windows in every room, the home presents a rare opportunity for a thoughtful reimagination within a premier full-service cooperative. Located in the Morad, a cornerstone of Upper East Side luxury, offering a 24-hour doorman, concierge, a live-in super, and a luxury amenities package including health club, indoor pool, sauna, locker room, yoga room, and exercise classes. Other amenities include private storage space, a stunning landscaped roof deck, a private attended garage with discounted rate, bicycle room, and laundry facilities. Inside the home, a gracious entry foyer leads to an expansive living and dining area, where a classic center-hall layout strikes a seamless balance between open-concept entertaining and traditional privacy. The windowed kitchen, like the rest of the home, awaits a custom renovation to suit a modern lifestyle. The three bedrooms are generously scaled and intelligently separated from the living quarters. The east-facing primary suite is a serene morning retreat with an en-suite bath and three large closets. The second bedroom also features an en-suite bath and bright, open views, while the west-facing third bedroom serves as a versatile guest suite, library, or home office. The Building & Neighborhood Located moments from Carl Schurz Park and the East River Promenade, the residence is surrounded by elite schools (including Brearley, Chapin, Lycée Français) and the convenience of the Q-train, and the 4,5, 6. Pieds-à-terre, co-purchasing, and pets are welcome.

Features & Amenities

Interior Features

Common On Floor Common Area In Unit

Exterior Features

Building Roof Deck

Building Amenities

Bike Storage Concierge Elevators Fitness Center Health Club

Building Information

Building Morad Executive
Building Data View Compliance & Permits
Total Units 189
Stories 21
Structure MultiFamily

Financial Details

Maintenance $4,211/mo
Original Price $2,250,000
Previous Price $1,925,000

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its low-traffic, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.

Upper East Side Live Market Data

View Neighborhood

Active Listings

271

Median Asking Price

$1.66M

Median $/Sqft

$1,542

Avg Days on Market

N/A

New This Week

52

Price Reduced

22%

Sold (30 Days)

57

Median Sale Price

$1.24M

Live data from RLS at REBNY • Updated 9/17/26, 1:32 PM EST

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Location

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500 E 83rd Street #11B, Upper East Side, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1965
Year Built
61 years old
21
Floors
189
Residential Units
R10
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $26,445,600
Land Value: $4,207,500
Exemptions: $441,219

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 21,925 SF
Building Area: 255,420 SF
Built FAR: 11.65
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $4,211 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms.

The listed interior living area is 1,815 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1965, making it approximately 61 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property: UnitYes. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $1,850,000 for 1,815 sq ft, the asking price per square foot is approximately $1,019. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20062830
First Listed: 12/8/2025
On Market: 9/17/2026
Price Changed: 5/18/2026
Contract Date: 9/12/2025

Listing Courtesy of Sothebys International Realty - Lawrence V Treglia

Listing Contact: (212) 606-7660

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 9/17/2026 at 5:32 PM UTC

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Upper East Side Market Update

57 sales last 30 days · $1.66M median · 4.8 months supply

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New listings in this building

Quick Facts

Status Active Type Co-op Neighborhood Upper East Side Borough Manhattan
County New York
Floor 11 of 21
Year Built 1965
First Listed 12/8/2025
Living Area 1,815 sqft
Maintenance $4,211/mo

Monthly Costs Estimate

Down Payment 20%

$370,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $4,211
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$18,500

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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