Cooperative · 1925
120 East 83rd Street
120 East 83rd Street, New York, NY 10028

120 East 83rd Street

120 East 83rd Street, New York, NY 10028

At a glance
Year built
1925
Type
Cooperative
Units
20
Floors
5
Landmark
No
Pets
No dogs — confirm current house rules at offer stage
Financing
Up to 80% permitted — confirm at offer stage

120 East 83rd Street is a small pre-war cooperative on the Upper East Side, mid-block between Park and Lexington Avenues at the Carnegie Hill edge. Built around 1925, it is a five-story elevator building with roughly 20 apartments — the kind of quiet, human-scaled co-op that keeps carrying costs sensible and the ownership base settled.

A note on the record: an earlier data source showed the building's year built as 1957. That is inaccurate — the building is a pre-war structure dating to the 1920s, and we treat it as such throughout this profile.

The proposition here is value and location. The building sits near the 4/5/6 at 86th Street, Central Park, and the Metropolitan Museum of Art, and it offers accommodating ownership terms: financing to 80%, and pieds-à-terre, LLCs, guarantors, and overseas buyers all considered. For the buyer who wants a genuine pre-war Upper East Side address at an accessible entry point — studios and one-bedrooms rather than trophy layouts — the building is a straightforward, sensibly run choice.

Building operations

The cooperative runs lean for its size: an elevator, a basement laundry room, a planted courtyard/garden, and superintendent service, with no doorman — appropriate and cost-efficient for a 20-unit pre-war building, and a meaningful factor in keeping maintenance contained.

As a cooperative, ownership is by shares rather than deed: purchases require board approval and a board interview, and financing is permitted up to 80%. The building considers pied-à-terre use, LLC purchases, guarantors, and overseas buyers — accommodating terms for a co-op — but does not permit dogs. Confirm the current pet policy, financing maximum, any flip tax, and sublet terms with the board at offer stage.

Recent sales

Co-op pricing is read on a per-room basis, and 120 East 83rd trades as an entry-level pre-war cooperative — modest carrying costs and the value a co-op structure offers relative to condominiums. Recent share sales have landed in the ~$270,000 to $475,000 range across its studios and one-bedrooms. With only about 20 residences, resale volume is thin. When underwriting a purchase or a list price, capture the room count, the floor, the exposure, and renovation condition rather than relying on a neighborhood average. Genuinely variable financial figures should be confirmed at offer stage.

Recent transfers at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.

DateUnitPrice
Aug 21, 20254B$544,785

Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01511-0062) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.

What to know if you’re buying

This is a cooperative, so the path is a board package and interview, a financing cap (here, up to 80%), and underwriting of the building's financials and house rules. The building's terms are accommodating — pieds-à-terre, LLCs, guarantors, and overseas buyers are all considered — but note that dogs are not permitted. Review the co-op's reserve and any planned capital work given the building's age. The reasons to buy are the address and the value: a real pre-war Upper East Side co-op near Central Park and the Met, at a cost structure well below the doorman condominiums nearby.

What to know if you’re selling

The story is the pre-war character, the accommodating ownership terms, and the price point. The 1920s architecture, the intimate 20-unit scale, the planted garden, and the location near the 4/5/6, Central Park, and the Met sell to a specific buyer who wants a pre-war address without a trophy budget — and the flexibility on financing, LLCs, guarantors, and overseas buyers widens the pool. Pricing is an apartment-specific exercise: room count, floor, light, and condition drive the number more than any block average. We position the building's flexible ownership policies, prepare the buyer for the co-op process, and benchmark against the right comparable tier of boutique pre-war cooperatives.

Comparable buildings

If you're considering 120 East 83rd Street, also look at these nearby Upper East Side buildings:

The Roebling Team at 120 East 83rd Street

The Roebling Team at Compass specializes in Manhattan's pre-war cooperative and condominium market. We publish this profile because buyers and sellers of boutique pre-war cooperatives deserve building-specific intelligence — the architecture and neighborhood context, the cooperative structure, the staffing and amenity reality, and where pricing sits against the right comparable tier.

If you're weighing a purchase or sale at 120 East 83rd Street, a 30-minute consultation is the right starting point.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com