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$950,000

For Sale

- ft²

4 rooms

2 beds

1 bath

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Wed, Feb 11 (12–1 PM ET), by appt only

Wed, Feb 18 (12–1 PM ET), by appt only

Listing by Sotheby's International Realty, Corporate Broker, 650 Madison Avenue, New York, NY 10022

Listing updated in the last 2 days

Maintenance fees

$1,612/mo

Estimated payment

$4,653/mo

Legal disclaimerAll calculations are estimates provided by StreetEasy for informational purposes only. Actual amounts or financing terms may vary. Please contact your mortgage provider for specifics.

Taxes

Included in maintenance fees

Tax abatement

No info

About

Seller’s agent

/

Harry Nasser

Licensed Associate Real Estate Broker

Sotheby's International Realty

description

Pre-Approved Conversion Opportunity.

An exceptional opportunity to convert the space to a two-bedroom apartment in one of the Upper East Side’s most desirable locations, situated on the corner of Madison Avenue and 85th Street. Both the Co-op board and the New York City Department of Buildings have approved the conversion, offering a clear and viable path to residential use.

Policies

  • Pets allowed

    Cats and dogs allowed

Home features

  • Washer/dryer

Building amenities

Services and facilities

  • Bike room

  • Doorman

    Full-time

  • Elevator

  • Laundry in building

  • Live-in super

  • Storage space

Wellness and recreation

No info on wellness and recreation

Shared outdoor space

No info on shared outdoor space

About the building

38 East 85th Street

38 East 85th Street, New York, NY 10028

Co-op building inUpper East Side

60 units

12 stories

1925 built

Property history

  • Price Change: No changes
  • Days on market: 5 daysThis is the number of days the listing has been on StreetEasy.
DatePriceEvent

2/5/2026

$950,000

Listed by Sotheby's International Realty

4/22/2025

$850,000

Delisted by Sotheby's International Realty

9/27/2024

$850,000

Listed by Sotheby's International Realty

9/3/2024

$890,000

No longer available

10/12/2023

$890,000

Price decreased by 11%

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Explore Upper East Side

Transit

LocationDistance

456at 86th St

0.18 miles

Qat 86th St

0.42 miles

6at 77th St

0.42 miles

6at 96th St

0.59 miles

Qat 96th St

0.61 miles

About Upper East Side

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

2 beds

$1.75M

RentalsMedian asking base rent

2 beds

$8,800

When many people think of the Upper East Side, they think of a quiet, tree-lined urban expanse filled with posh residents and purebred dogs. There's some reality behind the neighborhood's old-money image: The blocks between Park and Fifth avenues are home to some of Manhattan's wealthiest residents, many of whom dwell in stately co-ops or sleek new condos overseen by stiffly collared doormen.

But there's a lot more happening on the Upper East Side. Museum Mile throngs with tourists, street artists, and lovers of the arts, drawn to its abundance of high culture. And the eastern side of the neighborhood, toward Yorkville, exhibits a less rarefied character. Second Avenue is home to sports bars, pubs, and some excellent restaurants. A trendy renaissance is in the offing here, sparked by young professionals drawn by some surprisingly good housing prices (for Manhattan). The avenues and commerce-lined thoroughfares can be hectic, but many streets on the Upper East Side are blessedly quiet — just one more way in which this oft-stereotyped neighborhood can be a surprise.

Learn more about Upper East Side