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Morad Executive, 500 East 83rd Street, #PHM

$1,975,000 | 3 beds, 3 baths
Building Profile  | 
77 days on Market

Key Details

  • Listed: Aug 19, 2024
    Days on Market: 77
    Building Type: Cooperative
    Neighborhood: Yorkville (Manhattan)
    Doorman: FT Doorman
    Listing viewed 241 times
Monthly Maintenance: $4,462
Est. Monthly Mortgage: $9,815
Total Est. Monthly Carrying Cost: $14,277
Note: the above is based on a down payment of 25% ($493,750), which is the minimum amount permitted by the building.

Insider Highlights

  • Amenities and Nearby Attractions: The building amenities include a health club, indoor swimming pool, Pilates studio, sauna, locker room, yoga room, exercise classes, rooftop garden, garage, storage room, bicycle room, and laundry room. The building is also close to Carl Schurz Park, East Promenade, supermarkets, cafes, restaurants, bars, and public transportation.
  • Price and Fees: The apartment is listed for $2,195,000 with a monthly maintenance fee of $4,462 and a current assessment of $436.96 per month.
  • Apartment Features: The apartment boasts city views, high ceilings, and a spacious layout. It includes 3 bedrooms and 3 bathrooms, with the third bedroom currently configured as a den with access to the terrace.
  • Master Suite: The primary bedroom includes an en-suite bathroom and custom mirrored closets. The second bedroom also includes an en-suite bathroom and two large closets.
  • Kitchen: The kitchen is equipped with stainless steel appliances, a pantry, and a breakfast bar.
  • Location and Building: This penthouse apartment is located at 500 East 83rd Street in the Yorkville neighborhood, in a cooperative building built in 1966 with 192 apartments across 21 floors. The building is pet-friendly and offers a full-time doorman and concierge.

Description

Streaming Sunlight and Exceptional Views

Welcome to this beautiful three bedroom, three bath coop that with an inviting floor plan and expansive views. Enter this gracious home into a welcoming foyer that leads you into the entertainment space. The living room and dining room face east treating you to breathtaking views, abundant natural light throughout the day, and the city lights in the evening.

The dining area is expansive with room for a large dining table and eight chairs for dinner parties and entertaining for the holidays.

The windowed kitchen has two entrances to allow for great flow and ample counter space to for meal preparation, equipped with Stainless steel appliances, a pantry, and many cabinets. There is a breakfast bar at the window - the perfect spot to savor your morning coffee and take in the view.

The luxurious primary bedroom is a true retreat with a wall of custom mirrored closets and an en suite bath, with tub and separate shower. Wake up to the sunrise and East River views.There are two additional bedrooms that are split from the primary bedroom.

The spacious second bedroom can easily fit two twin beds with plenty of play area and has an en suite windowed bath with bathtub and two large closets. The unobstructed views from this corner room are to the north and east with the terrace outside. The third bedroom is currently configured as a den and has access to the terrace and has a large walk-in closet.

The third full bath is conveniently situated outside this room and can double as a powder room.

PHM has loftlike 9’2" ceilings and could easily be converted into four bedrooms if needed. If you are looking for large rooms, open views, amazing closets, a meticulous building, and a great location, we may have found your next home! This full-service building has a 24-hour doorman, concierge and a live-in resident manager.

Residents also have a full-service health club, indoor swimming pool, Pilates studio, sauna, locker room, yoga room, exercise classes, landscaped rooftop garden, attended garage, storage room, bicycle room and laundry room.

500 East 83rd Street is conveniently located near Carl Schurz Park and the East Promenade, surrounded by an abundance of supermarkets, shopping, charming cafes, top restaurants, and lively bars. Easy access to the Q and 4, 5, 6 trains which are just a few blocks away. The pet-friendly building allows 75% financing, pied-a-terre, and guarantors.

Don’t miss this opportunity!

Please note that there is currently an assessment of $436.96 a month.

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Apartment Amenities

  • River View
  • Balcony
Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About Morad Executive, 500 East 83rd Street

53

Morad Executive, 500 East 83rd Street has received a CityRealty Rating of 53, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

20
Out of 44
+
22
Out of 36
+
11
Out of 39
=
53
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
Good 3 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Exists 1 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
More than 50 blocks 0 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
Only Top Floors 1 out of 2 points
Distance To Subway:
More than 5 Short Blocks 0 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
Less Than 3 Short Blocks 2 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Some 1 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
None 0 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • Post War
  • Health Club
  • Pool
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator

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Pros
  • One block from Carl Schurz Park
  • Pet friendly
  • Health Club and Pool
  • Roof deck
  • Some terraces
  • Quiet neighborhood
  • Crosstown buses run frequently three blocks away
  • Close to fine schools
  • Doorman
  • Concierge
Cons
  • No balconies
  • Limited neighborhood shopping
  • No sundeck
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