Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $302,000

· Closed July 11, 2022

428 E 85TH Street #1B
Closed For Sale Co-op

$302,000

428 E 85TH Street #1B

Upper East Side, Manhattan

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MLS® #RLS10782942

RLS at REBNY

Listing by Douglas Elliman Real Estate

Studio

1

Bath

N/A

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 1
Year Built 1910
Ownership Co-op
Maintenance $805/mo
Neighborhood Upper East Side
Floor 1 of 5

Property Highlights

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

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 1 of 5
Exposure North
Pets Yes
Cross Street 1 AVENUE and YORK AVENUE
Year Built 1910
Architectural Style Prewar
Parcel # 1564-0036-00428-000-000001B

Description

Unlimited subletCurrently excellent tenant in place paying $1,900 a month through 11-1-22.
Market rent $2,300 per month. Douglas Elliman is delighted to bring to the market, this bright open Studio loft space on one of the most sought after blocks on the Upper East-Side. 428 is a cooperative but behaves like a condo and is surrounded by some of NYC finest brownstones and townhouses.Talk about convenience on your doorstep is the new Q subway line, M 86 cross town & M 15 downtown express buses making transportation a breeze no matter your destination.
One of the biggest attractions to this quite prestigious neighborhood is Karl Schurz Park, what a stunning place to spend some time outdoors, wither it be long walks by the river, sunbathing, working out or meeting new friends in the doggy playground this park has it all.
1B is the perfect apartment for a first time buyer who are just starting off on the ladder or an investor with unlimited subletting policy from day one.The property has gone under a full gut renovation from its last purchase and the seller spared no expense in the upgrades. Luckily there are no stairs to climb as this unit is on the ground floor, so its super convenient. The loft area is a very unique space, gets lots of natural sunlight and perfect if having family & friends over to stay, without feeling like you're living under one anthers feet.
Complete with towering 14 feet ceiling space it makes the perfect live- work from home set up as you can see from the images and detailed floor plan. This property is a fantastic purchase and will not last, so please reach out for more information and to schedule a showing.Excellent investment opportunity. Cash or finance4.2% return after expenses. Unlimited sublet

Building Information

Building null
Total Units 20
Stories 5
Style Prewar

Financial Details

Maintenance $805/mo
Original Price $310,000
Sale Price $302,000
Previous Price $310,000

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its quiet, 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

317

Median Asking Price

$1.52M

Median $/Sqft

$1,479

Avg Days on Market

N/A

New This Week

18

Price Reduced

25%

Sold (30 Days)

28

Median Sale Price

$1.46M

Live data from RLS at REBNY • Updated 4/6/26, 6:38 PM EST

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Location

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428 E 85TH Street #1B, Upper East Side, New York County • Near 1 AVENUE and YORK AVENUE

Floor Plans

Floor Plan
MLS® ID: RLS10782942
First Listed: 5/8/2022
Price Changed: 7/14/2022
Closed: 7/11/2022
Contract Date: 5/8/2022

Listing Courtesy of Douglas Elliman Real Estate - Gerard Smith

Listing Contact: (917) 623-1646

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 4/6/2026 at 10:38 PM UTC

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