Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $275,000

· Closed February 28, 2023

521 E 81ST Street #1B
Closed For Sale Co-op

$275,000

$688 per sq ft

521 E 81ST Street #1B

Upper East Side, Manhattan

null

MLS® #RLS10837361

RLS at REBNY

Listing by Douglas Elliman Real Estate

Studio

1

Bath

400

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Living Area 400 sq ft
Year Built 1910
Ownership Co-op
Maintenance $570/mo
Neighborhood Upper East Side
Floor 2 of 5

Property Highlights

  • Exposure: South facing
  • Style: Prewar architecture
  • Character: Pre-war building (1910)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 2 of 5
Exposure South
Pets Yes
Year Built 1910
Living Area 400 sq ft
Architectural Style Prewar
Parcel # 1578-0013-00521-000-000001B

Listing History

Event Date Price Change
Listed May 15, 2022 $369,000 -
Price Reduced Mar 8, 2023 $295,000 -20.1%
Currently May 3, 2026 $275,000 -6.8%

Description

Sweet and affordable studio is perfect for the first time buyer, a pied a terre seeker or someone that is looking to down size. This quiet apartment features hardwood floors, high ceilings, and southern exposure. We have provided Virtual Staging to help with update ideas as this home needs work. 521 East 81st Street is a well-maintained, boutique pre-war co-op with a live-in super and laundry room. It is conveniently located near the 2nd Avenue Q subway line, residents are also just blocks away from Carl Schurz Park and Gracie Mansion. Unlimited Subletting from Day One of ownership with board approval, Co-purchasing, Pied-a-Terres and Pets are permitted. Residence 1B is located on the second floor. Coop has no underlying mortgage and is lender approved by US Bank and Cross Country Mortgage.

Building Information

Financial Details

Maintenance $570/mo
Original Price $369,000
Sale Price $275,000
Previous Price $295,000

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

338

Median Asking Price

$1.75M

Median $/Sqft

$1,534

Avg Days on Market

N/A

New This Week

29

Price Reduced

28%

Sold (30 Days)

36

Median Sale Price

$1.53M

Live data from RLS at REBNY • Updated 5/3/26, 9:54 AM EST

Similar Listings in Upper East Side

View All

Location

Loading map...

521 E 81ST Street #1B, Upper East Side, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1915
Year Built
111 years old
2
Floors
2
Residential Units
R4-1
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $97,440
Land Value: $16,680
Exemptions: $0

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

Lot Area: 2,633 SF
Building Area: 3,212 SF
Built FAR: 1.22
Allowed FAR: 1

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 $570 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 0 bedrooms and 1 full bathroom.

The listed interior living area is 400 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 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.

Pet policy requires confirmation with the listing broker.

At the current list price of $275,000 for 400 sq ft, the asking price per square foot is approximately $688. 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 mcoste@kwnyc.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: RLS10837361
First Listed: 5/15/2022
Price Changed: 3/8/2023
Closed: 2/28/2023
Contract Date: 5/15/2022

Listing Courtesy of Douglas Elliman Real Estate - Yasmine Guenancia

Listing Contact: (914) 671-7725

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 5/3/2026 at 1:54 PM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton