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The Salem House, 520 East 81st Street, #5A

$550,000 ($1,100 per ft2) | Studio, 1 bath | Approx. 500 ft2
Building Profile  | 
57 days on Market

Key Details

  • Listed: Sep 9, 2024
    Days on Market: 57
    Building Type: Condominium
    Neighborhood: Yorkville (Manhattan)
    Doorman: FT Doorman
Monthly Common Charges: $772
Monthly Real Estate Taxes: $620
Total Taxes & Fees: $1,392 ($2.78/ft2)
Est. Monthly Mortgage: $3,280
Total Est. Monthly Carrying Cost: $4,672 ($9.34/ft2)
Note: the above is based on a down payment of 10% ($55,000), which is the minimum amount permitted by the building.

Description

Spacious Alcove Studio at The Salem House Discover this generous alcove studio on the 5th Floor in The Salem House, featuring ample closet space and a separate, renovated kitchen. Easily convertible into a Junior one-bedroom, this studio is versatile enough to serve as a primary residence, pied-à-terre, or investment property. 520 East 81st is a pet-friendly condominium offering a range of amenities, including a full-time doorman, live-in superintendent, and a common roof deck with river views.

Residents also benefit from a central laundry room and an on-site garage. Situated on a picturesque tree-lined street, this property is conveniently located at the nearby new Second Avenue subway, Carl Schurz Park, Gracie Mansion, and the East River Promenade.

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Listing courtesy of Corcoran Group

Pricing History

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About The Salem House, 520 East 81st Street

45

The Salem House, 520 East 81st Street has received a CityRealty Rating of 45, 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

15
Out of 44
+
21
Out of 36
+
9
Out of 39
=
45
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
None 2 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:
Not Visible 0 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Allowed and Present 0 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
Exists 1 out of 2 points
Fenestration:
No Consistency 0 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:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
Less than 3 Short Blocks 2 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

  • Conversion Year: 1980
  • FT Doorman
  • Full Service Garage
  • Rooftop Terrace
  • Washer/Dryer in building
  • Elevator
  • Outdoor Entertainment Space
  • Bike Room
  • Live-In Superintendent
  • Terraces / Balconies

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Pros
  • Doorman
  • Concierge
  • Sidewalk landscaping
  • Canopied entrance
  • Not far from Carl Schurz Park
  • Convenient cross-town bus service
Cons
  • No garage
  • No health club
  • No balconies
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