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The Fairmont Manor, 401 East 86th Street, #5M

$475,000 ($812 per ft2) | Studio, 1 bath | Approx. 585 ft2
Building Profile  | 
49 days on Market

Key Details

  • Listed: Oct 16, 2024
    Days on Market: 49
    Building Type: Cooperative
    Neighborhood: Yorkville (Manhattan)
    Doorman: FT Doorman
Monthly Maintenance: $1,109 ($1.90/ft2)
Est. Monthly Mortgage: $2,334
Total Est. Monthly Carrying Cost: $3,443 ($5.89/ft2)
Note: the above is based on a down payment of 25% ($118,750), which is the minimum amount permitted by the building.

Description

Opportunity abounds! This near-mint alcove studio is excellent as it is, but on other floors, it has been converted to a one-bedroom (and sold between $70- $120k more than this asking price, surely it does not cost that much to put up a wall). Solid oak parquet floors have been refinished and are in mint condition. This alcove studio, 1-bathroom co-op is located at 401 E 86th St in Manhattan, NY. The wall of windows offers blue sky views and overlooks a pretty church, providing an expansive feel.

With approximately 585 square feet, it lives like a full house and provides ample space for comfortable living. The building boasts a full-time doorman, ensuring security and convenience for residents. Elevator access makes for easy and seamless entry, and the furnished roof deck allows for outdoor enjoyment and relaxation with panoramic views of the surrounding area. Stay active and fit with access to the building’s gym, and take advantage of the convenience of having laundry facilities in the building as well as in every unit. For those with a vehicle, a garage provides parking options, and a bike room and additional storage are available for your convenience. Central AC ensures year-round comfort, and the presence of a laundry room in the building adds to the convenience of living in this exceptional space. A washer and dryer can be added to the unit subject to submission of alteration agreement and engineer review and approval. Sublet policy allows the resident to lease the apartment for 5 years after two years of residency.

Don’t miss out on the opportunity to call this impressive co-op home. Book your viewing today and experience the best of Manhattan living! This apartment puts you right in the middle of the best the Upper East Side has to offer. Favorites eats like Tha Phraya and Lashevet and late night spots include The Auction House and The Penrose are with in mins.

One block away to the Q train, puts you in Union Square in 17 mins.

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Listing courtesy of Compass

Pricing History

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About The Fairmont Manor, 401 East 86th Street

49

The Fairmont Manor, 401 East 86th Street has received a CityRealty Rating of 49, 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
+
20
Out of 36
+
9
Out of 39
=
49
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:
Less than 50 blocks 1 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Some 2 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:
More than 6 Short Blocks 0 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:
10-15 1 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 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

  • FT Doorman
  • Post War
  • Full Service Garage
  • Health Club
  • Rooftop Terrace
  • Elevator

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Pros
  • Good neighborhood shopping
  • Central Laundry room
  • Gym
  • Pet friendly
  • Financially stable building
  • Some terraces
  • Sidewalk landscaping
  • Pleasant lobby with glass wall along the street
  • Garage
  • Doorman
  • Canopied entrance
  • Consistent fenestration
  • Excellent crosstown bus service
  • Close to Subway
Cons
  • Postwar construction
  • No concierge
  • Considerable traffic
  • Permits protruding air-conditioners
  • Step-up lobby
  • Low ceilings
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Subways

  1. 4
  2. 5
  3. 6
at Lexington Ave 0.40 miles

Other Apartments Available in this Building (3)

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