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🏢 Co-op
D- Composite 35.81
Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Appreciation +7.9/10.0
  • ARV discount +7.5/15.0
  • Schools +5.0/10.0
  • Rent growth +4.8/5.0
  • Livability +3.8/5.0
  • Cash flow +2.6/30.0
  • Condition / age +2.5/5.0
  • 1% rule +1.8/10.0
  • DSCR +0.0/10.0

$950,000

241 E 76th St Unit 9I · New York, NY 10021
2 bd · 1.0 ba · 800 sqft · Condo · 183 Days on market
Built 1959

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Private indoor parking space and No Board Approval for this home purchase! Perfect for a primary residence or a 1031 Exchange! This unit has Sponsor rights with no rental fees, unlimited subleasing from day one of ownership, and owner financing available. This completely renovated two-bedroom apartment is located on the 9th floor of a full-service co-op building in the heart of the Upper East Side, and is a very rare opportunity to purchase an income property in a co-operative, without any board approval, and the ability to rent in perpetuity. The bright, spacious, oversized living room offers multiple uses: living, home office, entertaining, and formal dining. . Natural light floods throughout, with triple south, east, and north exposures. Natural light floods throughout, with triple south, east, and north exposures. The windowed kitchen is equipped with stainless steel appliances, including a brand-new full-size refrigerator, a Viking four-burner gas range, microwave, dishwasher, and a plethora of cabinet and counter space, including an island bar. Both queen-size bedrooms have built-in closets and an abundance of natural light. The windowed four-fixture bathroom has been completely renovated. The walls are adorned with large-format porcelain tiles, creating a peaceful and calming space. 241 East 76th Street is a full-service, pet-friendly co-op building with amenities that include a full-time doorman, live-in super, bike room, laundry room, a planted roof terrace, and an on-site parking garage. Situated on the corner of 76th Street and 2nd Avenue, this building offers close proximity to many fabulous local restaurants, cafes, shops, and stores. Nearby transportation includes 4/6/N/Q/R Subway lines, crosstown buses, and Citi Bike. Notes: Parking has its own maintenance fee of $375 and requires board approval. 80% owner financing available at prime rate. No Flip Tax. Private virtual or in-person showings available by appointment with the owner/broker 7 days a week.

Key facts

  • Windowed kitchen
  • Stainless appliances
  • Garage

Tags

PRIVATE INDOOR PARKING SPACECOMPLETELY RENOVATED APARTMENTWINDOWED KITCHENSTAINLESS APPLIANCESABUNDANCE OF NATURAL LIGHTWINDOWED FOUR-FIXTURE BATHROOM

Property features AI

Exterior

  • Parking: Attached garage; 1 garage space
  • Utilities: Con-Edison electric service; Public sewer; Cable connected; Electricity connected; Natural gas connected; Sewer connected; Public trash collection; Water connected
  • Home design: Stock cooperative
  • Construction: Block and brick construction
  • Exterior features: Block and brick construction; Not waterfront

Interior

  • Kitchen: Dishwasher; Gas range; Microwave; Refrigerator
  • Bedrooms: Total rooms: 4; Basement present
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Steam heating; Wall/window air conditioning units
  • Interior features: Breakfast bar; Chef's kitchen; Entrance foyer; Galley-style kitchen; Open floorplan
  • Laundry & utility: No restrictions on pets

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
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🏢 Co-op / cooperative unit. The $950,000 price buys shares in the cooperative corporation, not the real estate itself — so it isn't comparable to a fee-simple sale price, and the cashflow / cap-rate / 1%-rule cards below (which assume you own the property and can rent it out) don't apply here. Expect board approval and a monthly maintenance fee on top of the price.

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath condo listed at $950k.

Deal economics

  • At list price, monthly cash flow is $-3k ($-39k/yr) — negative.
  • To cash-flow at today's rent, offer at most $739k (22.3% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $646k (32.0% below list).
  • Recommended offer: $646k (32.0% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 75/100 on livability (#268 in NY, #4,188 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, health & safety A; Watch: crime F, cost of living F.
  • Market conditions: Rents rising fast (+9.1%/yr); 425 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 4,467 units permitted in New York County in 2024 (4,463 in 5+ unit buildings).
  • At $6,461/mo this rent would consume 49% of the median local household income ($159k/yr) (locally 2276% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • In year one you build about $61k of equity ($7k loan paydown + $54k appreciation (5.7% local appreciation)).
  • New York County population projected at +21% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • By year 2, paydown + projected appreciation supports a ~$97k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 183 days — a 12% lower offer ($836k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Watch-outs: HOA is 28% of rent; built in 1959 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $646,058 (32.0% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 183 days. Have you received any prior offers? Is the seller open to a 32% concession, seller financing, or rate buy-down credit?
  3. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  8. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  9. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  10. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  11. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  12. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  13. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
0.68%
Cap rate
2.20%
Cash-on-cash
-14.62%
DSCR
0.35
GRM
12.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

5.71% appreciation · 8.0% rent growth · sell at horizon

5-year hold
IRR
4.8%
Equity multiple
1.33×
Total profit
$87,118
Equity at exit
$580,059
10-year hold
IRR
9.0%
Equity multiple
2.92×
Total profit
$509,452
Equity at exit
$1,037,416

Cash invested: $266,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (CITY)
0 Strongly Tenant-Friendly
State New York
15 Strongly Tenant-Friendly · D+10
County
— inherits STATE
City New York
0 Strongly Tenant-Friendly · D+34
Rent Stabilization Code; HSTPA; 6+ months in housing court.

ZIP-level market 10021

Home prices YoY
3.7%
Rents YoY
9.1%
Active inventory
425
Price-to-rent
12.3×

Monthly cashflow live

Estimated rent
$6,461 high interval (Pro) →
Mortgage (P&I)
$4,982
Tax est. 1.5%
$1,188 /mo · $14,250/yr
Insurance
$396
HOA est. from 4 same-building comps
$1,779
Vacancy / Maint / Mgmt
$1,357
Net cashflow
$-3,240

Break-even live

Break-even rent $10,562
Max offer price $481,112
Occupancy floor

Sensitivity live

Price -10% $-2,584 -5% $-2,912 +0% $-3,240 +5% $-3,569 +10% $-3,897
Rent -10% $-3,751 -5% $-3,496 +0% $-3,240 +5% $-2,985 +10% $-2,730
Rate -1.0pp $-2,762 -0.5pp $-2,999 base $-3,240 +0.5pp $-3,487 +1.0pp $-3,737

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$237,500
Closing costs
$28,500
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
231 E 76th St #1530 New York, NY 1.0 1.0 650 $6,470 $9.95 21d 1 0.01mi
308 E 78th St #2024 New York, NY 1.0–2.0 1.0 550 $5,340 $9.71 25d 2 0.10mi
315 E 78th St Unit 1021894P New York, NY 1.0 1.0 548 $5,643 $10.30 23d 1 0.13mi
301 E 79th St Unit 28P New York, NY 1.0 1.0 700 $5,500 $7.86 25d 1 0.16mi
347 E 78th St Unit 1460467P New York, NY 2.0 1.0 645 $7,606 $11.79 25d 1 0.17mi
347 E 78th St Unit 1530420P New York, NY 2.0 1.0 645 $6,270 $9.72 23d 1 0.17mi
404 E 76th St New York, NY 1.0–2.0 1.0–2.0 1001 $7,500 $7.49 5d 2 0.21mi
404 E 76th St Unit 19C New York, NY 2.0 2.0 1100 $7,500 $6.82 25d 1 0.21mi
1373 1st Ave Unit 1952 New York, NY 2.0 2.0 650 $7,260 $11.17 25d 1 0.22mi
200 E 82nd St #505 New York, NY 2.0 1.0 636 $7,960 $12.51 2d 3 0.28mi
420 E 80th St #198 New York, NY 1.0 1.0 623 $4,760 $7.64 19d 1 0.32mi
435 E 79th St New York, NY 1.0–3.0 1.0–2.0 943 $7,500 $7.95 8d 3 0.33mi
900 Park Ave New York, NY 1.0–2.0 1.5–2.5 1200 $17,500 $14.58 25d 2 0.34mi
501 E 74th St #1572 New York, NY 2.0 2.0 1000 $10,210 $10.21 21d 1 0.35mi
300 E 69th St Unit 1294661P New York, NY 2.0 1.0 839 $6,870 $8.19 21d 1 0.39mi
1310 2nd Ave Unit 1224958P New York, NY 1.0–2.0 1.0 699 $8,460 $12.10 2d 2 0.39mi
125 E 83rd St Unit 1312101P New York, NY 1.0 1.0 839 $7,470 $8.90 7d 1 0.41mi
1290 1st Ave #1499 New York, NY 2.0 1.0 671 $6,100 $9.09 3d 2 0.41mi
403 E 69th St #1518 New York, NY 1.0–3.0 1.0 745 $6,748 $9.06 25d 3 0.43mi
515 E 72nd St Unit 17D New York, NY 1.0 1.0 687 $5,500 $8.01 25d 1 0.43mi
7 E 75th St #1615 New York, NY 1.0–3.0 1.0–2.0 656 $8,090 $12.32 0d 3 0.43mi
7 E 75th St New York, NY 1.0–3.0 1.0–2.0 790 $8,548 $10.82 25d 2 0.43mi
952 5th Ave #998 New York, NY 1.0–2.0 1.0 800 $9,410 $11.76 0d 2 0.46mi
411 E 68th St Unit 1021976P New York, NY 2.0 1.0 893 $6,792 $7.61 23d 1 0.46mi
1567 York Ave Unit 1021866P New York, NY 2.0 1.0 742 $5,910 $7.96 23d 1 0.46mi
244 E 86th St #604 New York, NY 1.0–2.0 1.0–2.0 950 $9,640 $10.15 4d 2 0.48mi
501 1/2 E 83rd St #1998 New York, NY 2.0 1.0 525 $5,580 $10.63 25d 2 0.49mi
305 E 86th St New York, NY 1.0–3.0 1.0–2.0 820 $8,885 $10.83 25d 10 0.52mi
201 E 86th St #298 New York, NY 1.0–2.0 1.0–1.5 700 $10,020 $14.31 0d 2 0.52mi
315 E 86th St Unit 1327 New York, NY 1.0 2.0 726 $6,460 $8.90 25d 1 0.52mi
435 E 86th St Unit 2001 New York, NY 1.0 1.0 800 $5,480 $6.85 25d 1 0.56mi
400 E 66th St Unit 1016404P New York, NY 1.0–2.0 1.0–2.0 791 $17,070 $21.58 4d 2 0.58mi
304 E 65th St Unit 11C New York, NY 1.0 1.0 770 $5,450 $7.08 16d 1 0.59mi
160 E 88th St #1332 New York, NY 1.0 1.0 560 $5,670 $10.12 7d 1 0.60mi
360 E 65th St #1283 New York, NY 1.0–3.0 1.0–2.0 1059 $6,815 $6.44 4d 3 0.61mi
220 E 65th St New York, NY 1.0 1.0 700 $5,950 $8.50 3d 1 0.61mi
515 E 86th St Unit 589 New York, NY 1.0 1.0 695 $6,070 $8.73 21d 1 0.62mi
200 E 89th St Unit 12G New York, NY 1.0 1.0 650 $5,000 $7.69 19d 1 0.63mi
235 E 89th St Unit 1495783P New York, NY 2.0 1.0 699 $7,443 $10.65 21d 1 0.65mi
501 E 87th St #2094 New York, NY 1.0 1.0 618 $7,050 $11.41 0d 2 0.66mi

HOA detail condo

Monthly dues
$0 · $0/yr
Likely covers
gasdoorman
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 9 events

  1. 2026-06-01
    days on market $950,000 Active 183 DOM
  2. 2026-05-31
    days on market $950,000 Active 182 DOM
  3. 2026-04-06
    status Active 2003-char remark
    Show marketing remark (2003 chars)

    Private indoor parking space and No Board Approval for this home purchase! Perfect for a primary residence or a 1031 Exchange! This unit has Sponsor rights with no rental fees, unlimited subleasing from day one of ownership, and owner financing available. This completely renovated two-bedroom apartment is located on the 9th floor of a full-service co-op building in the heart of the Upper East Side, and is a very rare opportunity to purchase an income property in a co-operative, without any board approval, and the ability to rent in perpetuity. The bright, spacious, oversized living room offers multiple uses: living, home office, entertaining, and formal dining. . Natural light floods throughout, with triple south, east, and north exposures. Natural light floods throughout, with triple south, east, and north exposures. The windowed kitchen is equipped with stainless steel appliances, including a brand-new full-size refrigerator, a Viking four-burner gas range, microwave, dishwasher, and a plethora of cabinet and counter space, including an island bar. Both queen-size bedrooms have built-in closets and an abundance of natural light. The windowed four-fixture bathroom has been completely renovated. The walls are adorned with large-format porcelain tiles, creating a peaceful and calming space. 241 East 76th Street is a full-service, pet-friendly co-op building with amenities that include a full-time doorman, live-in super, bike room, laundry room, a planted roof terrace, and an on-site parking garage. Situated on the corner of 76th Street and 2nd Avenue, this building offers close proximity to many fabulous local restaurants, cafes, shops, and stores. Nearby transportation includes 4/6/N/Q/R Subway lines, crosstown buses, and Citi Bike. Notes: Parking has its own maintenance fee of $375 and requires board approval. 80% owner financing available at prime rate. No Flip Tax. Private virtual or in-person showings available by appointment with the owner/broker 7 days a week.

  4. 2026-04-06
    status Active
    Show marketing remark (2003 chars)

    Private indoor parking space and No Board Approval for this home purchase! Perfect for a primary residence or a 1031 Exchange! This unit has Sponsor rights with no rental fees, unlimited subleasing from day one of ownership, and owner financing available. This completely renovated two-bedroom apartment is located on the 9th floor of a full-service co-op building in the heart of the Upper East Side, and is a very rare opportunity to purchase an income property in a co-operative, without any board approval, and the ability to rent in perpetuity. The bright, spacious, oversized living room offers multiple uses: living, home office, entertaining, and formal dining. . Natural light floods throughout, with triple south, east, and north exposures. Natural light floods throughout, with triple south, east, and north exposures. The windowed kitchen is equipped with stainless steel appliances, including a brand-new full-size refrigerator, a Viking four-burner gas range, microwave, dishwasher, and a plethora of cabinet and counter space, including an island bar. Both queen-size bedrooms have built-in closets and an abundance of natural light. The windowed four-fixture bathroom has been completely renovated. The walls are adorned with large-format porcelain tiles, creating a peaceful and calming space. 241 East 76th Street is a full-service, pet-friendly co-op building with amenities that include a full-time doorman, live-in super, bike room, laundry room, a planted roof terrace, and an on-site parking garage. Situated on the corner of 76th Street and 2nd Avenue, this building offers close proximity to many fabulous local restaurants, cafes, shops, and stores. Nearby transportation includes 4/6/N/Q/R Subway lines, crosstown buses, and Citi Bike. Notes: Parking has its own maintenance fee of $375 and requires board approval. 80% owner financing available at prime rate. No Flip Tax. Private virtual or in-person showings available by appointment with the owner/broker 7 days a week.

  5. 2026-03-19
    historical 2003-char remark
    Show marketing remark (2003 chars)

    Private indoor parking space and No Board Approval for this home purchase! Perfect for a primary residence or a 1031 Exchange! This unit has Sponsor rights with no rental fees, unlimited subleasing from day one of ownership, and owner financing available. This completely renovated two-bedroom apartment is located on the 9th floor of a full-service co-op building in the heart of the Upper East Side, and is a very rare opportunity to purchase an income property in a co-operative, without any board approval, and the ability to rent in perpetuity. The bright, spacious, oversized living room offers multiple uses: living, home office, entertaining, and formal dining. . Natural light floods throughout, with triple south, east, and north exposures. Natural light floods throughout, with triple south, east, and north exposures. The windowed kitchen is equipped with stainless steel appliances, including a brand-new full-size refrigerator, a Viking four-burner gas range, microwave, dishwasher, and a plethora of cabinet and counter space, including an island bar. Both queen-size bedrooms have built-in closets and an abundance of natural light. The windowed four-fixture bathroom has been completely renovated. The walls are adorned with large-format porcelain tiles, creating a peaceful and calming space. 241 East 76th Street is a full-service, pet-friendly co-op building with amenities that include a full-time doorman, live-in super, bike room, laundry room, a planted roof terrace, and an on-site parking garage. Situated on the corner of 76th Street and 2nd Avenue, this building offers close proximity to many fabulous local restaurants, cafes, shops, and stores. Nearby transportation includes 4/6/N/Q/R Subway lines, crosstown buses, and Citi Bike. Notes: Parking has its own maintenance fee of $375 and requires board approval. 80% owner financing available at prime rate. No Flip Tax. Private virtual or in-person showings available by appointment with the owner/broker 7 days a week.

  6. 2025-12-09
    status Active 2003-char remark
    Show marketing remark (2003 chars)

    Private indoor parking space and No Board Approval for this home purchase! Perfect for a primary residence or a 1031 Exchange! This unit has Sponsor rights with no rental fees, unlimited subleasing from day one of ownership, and owner financing available. This completely renovated two-bedroom apartment is located on the 9th floor of a full-service co-op building in the heart of the Upper East Side, and is a very rare opportunity to purchase an income property in a co-operative, without any board approval, and the ability to rent in perpetuity. The bright, spacious, oversized living room offers multiple uses: living, home office, entertaining, and formal dining. . Natural light floods throughout, with triple south, east, and north exposures. Natural light floods throughout, with triple south, east, and north exposures. The windowed kitchen is equipped with stainless steel appliances, including a brand-new full-size refrigerator, a Viking four-burner gas range, microwave, dishwasher, and a plethora of cabinet and counter space, including an island bar. Both queen-size bedrooms have built-in closets and an abundance of natural light. The windowed four-fixture bathroom has been completely renovated. The walls are adorned with large-format porcelain tiles, creating a peaceful and calming space. 241 East 76th Street is a full-service, pet-friendly co-op building with amenities that include a full-time doorman, live-in super, bike room, laundry room, a planted roof terrace, and an on-site parking garage. Situated on the corner of 76th Street and 2nd Avenue, this building offers close proximity to many fabulous local restaurants, cafes, shops, and stores. Nearby transportation includes 4/6/N/Q/R Subway lines, crosstown buses, and Citi Bike. Notes: Parking has its own maintenance fee of $375 and requires board approval. 80% owner financing available at prime rate. No Flip Tax. Private virtual or in-person showings available by appointment with the owner/broker 7 days a week.

  7. 2025-12-09
    historical 2003-char remark
    Show marketing remark (2003 chars)

    Private indoor parking space and No Board Approval for this home purchase! Perfect for a primary residence or a 1031 Exchange! This unit has Sponsor rights with no rental fees, unlimited subleasing from day one of ownership, and owner financing available. This completely renovated two-bedroom apartment is located on the 9th floor of a full-service co-op building in the heart of the Upper East Side, and is a very rare opportunity to purchase an income property in a co-operative, without any board approval, and the ability to rent in perpetuity. The bright, spacious, oversized living room offers multiple uses: living, home office, entertaining, and formal dining. . Natural light floods throughout, with triple south, east, and north exposures. Natural light floods throughout, with triple south, east, and north exposures. The windowed kitchen is equipped with stainless steel appliances, including a brand-new full-size refrigerator, a Viking four-burner gas range, microwave, dishwasher, and a plethora of cabinet and counter space, including an island bar. Both queen-size bedrooms have built-in closets and an abundance of natural light. The windowed four-fixture bathroom has been completely renovated. The walls are adorned with large-format porcelain tiles, creating a peaceful and calming space. 241 East 76th Street is a full-service, pet-friendly co-op building with amenities that include a full-time doorman, live-in super, bike room, laundry room, a planted roof terrace, and an on-site parking garage. Situated on the corner of 76th Street and 2nd Avenue, this building offers close proximity to many fabulous local restaurants, cafes, shops, and stores. Nearby transportation includes 4/6/N/Q/R Subway lines, crosstown buses, and Citi Bike. Notes: Parking has its own maintenance fee of $375 and requires board approval. 80% owner financing available at prime rate. No Flip Tax. Private virtual or in-person showings available by appointment with the owner/broker 7 days a week.

  8. 2025-11-13
    listed $950,000 Active
    Show marketing remark (2003 chars)

    Private indoor parking space and No Board Approval for this home purchase! Perfect for a primary residence or a 1031 Exchange! This unit has Sponsor rights with no rental fees, unlimited subleasing from day one of ownership, and owner financing available. This completely renovated two-bedroom apartment is located on the 9th floor of a full-service co-op building in the heart of the Upper East Side, and is a very rare opportunity to purchase an income property in a co-operative, without any board approval, and the ability to rent in perpetuity. The bright, spacious, oversized living room offers multiple uses: living, home office, entertaining, and formal dining. . Natural light floods throughout, with triple south, east, and north exposures. Natural light floods throughout, with triple south, east, and north exposures. The windowed kitchen is equipped with stainless steel appliances, including a brand-new full-size refrigerator, a Viking four-burner gas range, microwave, dishwasher, and a plethora of cabinet and counter space, including an island bar. Both queen-size bedrooms have built-in closets and an abundance of natural light. The windowed four-fixture bathroom has been completely renovated. The walls are adorned with large-format porcelain tiles, creating a peaceful and calming space. 241 East 76th Street is a full-service, pet-friendly co-op building with amenities that include a full-time doorman, live-in super, bike room, laundry room, a planted roof terrace, and an on-site parking garage. Situated on the corner of 76th Street and 2nd Avenue, this building offers close proximity to many fabulous local restaurants, cafes, shops, and stores. Nearby transportation includes 4/6/N/Q/R Subway lines, crosstown buses, and Citi Bike. Notes: Parking has its own maintenance fee of $375 and requires board approval. 80% owner financing available at prime rate. No Flip Tax. Private virtual or in-person showings available by appointment with the owner/broker 7 days a week.

  9. 2025-11-13
    listed $950,000 Active 2003-char remark
    Show marketing remark (2003 chars)

    Private indoor parking space and No Board Approval for this home purchase! Perfect for a primary residence or a 1031 Exchange! This unit has Sponsor rights with no rental fees, unlimited subleasing from day one of ownership, and owner financing available. This completely renovated two-bedroom apartment is located on the 9th floor of a full-service co-op building in the heart of the Upper East Side, and is a very rare opportunity to purchase an income property in a co-operative, without any board approval, and the ability to rent in perpetuity. The bright, spacious, oversized living room offers multiple uses: living, home office, entertaining, and formal dining. . Natural light floods throughout, with triple south, east, and north exposures. Natural light floods throughout, with triple south, east, and north exposures. The windowed kitchen is equipped with stainless steel appliances, including a brand-new full-size refrigerator, a Viking four-burner gas range, microwave, dishwasher, and a plethora of cabinet and counter space, including an island bar. Both queen-size bedrooms have built-in closets and an abundance of natural light. The windowed four-fixture bathroom has been completely renovated. The walls are adorned with large-format porcelain tiles, creating a peaceful and calming space. 241 East 76th Street is a full-service, pet-friendly co-op building with amenities that include a full-time doorman, live-in super, bike room, laundry room, a planted roof terrace, and an on-site parking garage. Situated on the corner of 76th Street and 2nd Avenue, this building offers close proximity to many fabulous local restaurants, cafes, shops, and stores. Nearby transportation includes 4/6/N/Q/R Subway lines, crosstown buses, and Citi Bike. Notes: Parking has its own maintenance fee of $375 and requires board approval. 80% owner financing available at prime rate. No Flip Tax. Private virtual or in-person showings available by appointment with the owner/broker 7 days a week.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 6/10 Major 7 d/yr ≥99°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
  • 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$77,527
− Mortgage interest
−$53,215
− Property taxes
−$14,250
− Insurance
−$4,750
− Repairs & maintenance
−$6,202
− Management
−$6,202
− HOA
−$21,348
− Depreciation
−$27,636
Taxable loss
−$56,076
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$13,458
After-tax cash flow
$-25,426/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

No district data.

Livability — New York

Score
75/100
State rank
#268
US rank
#4188

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment A- Housing C+ Health & safety A User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
New York, NY
County
New York County · 1,599,927 people
City population
7,731,280
Metro
New York-Newark-Jersey City, NY-NJ-PA
Population (ZIP)
39,868
Household income
$158,677
Rent vs Own
55.3% rent · 44.7% own
Severe rent burden
2276.0

Population outlook (New York County) Hauer SSP2

Today (2025)
1,825,725 people
By 2030
1,904,611 · +4.3%
By 2040
2,052,719 · +12.4%
By 2050
2,206,601 · +20.9%
By 2075
2,509,427 · +37.4%
By 2100
2,702,933 · +48.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (80%)
Race & ethnicity
White 80% Asian 10% Hispanic / Latino 7% Two or more races 4%
Hispanic origin (detail)
Common ancestry
Scotch-Irish 7% Romanian 6% Lithuanian 5%
Foreign-born
19% · Canada, China, Dominican Republic
Languages at home
74% English-only · Spanish 6% French/Haitian/Cajun 5% Other Indo-European 4%

Political lean MEDSL · New York

2024 margin
Solid D (+64.8) · D 82.4% · R 17.6%
2008→2024 swing
-7.4pp toward R · 2008: 72.2pp · 2024: 64.8pp
All cycles
2024: D+64.8 2020: D+74.5 2016: D+77.2 2012: D+69.6 2008: D+72.2

Not yet ingested

Civics

Market trends

HPI YoY
▲ 5.71%
Current HPI
158.8838
Rent YoY
▲ 9.10%
Metro
New York-Newark-Jersey City, NY-NJ-PA
State GDP YoY
▲ 2.60%
F500 in state
92

Industry mix (Fortune 500 HQ in NY)

Industry F500 HQs Revenue

Price history

+0.0% since first listed
7 events — show timeline
  • 2026-04-06 Relisted RLS at REBNY
  • 2026-04-06 Relisted OneKey® MLS as Distributed by MLS Grid
  • 2026-03-19 Delisted RLS at REBNY
  • 2025-12-09 Relisted RLS at REBNY
  • 2025-12-09 Delisted RLS at REBNY
  • 2025-11-13 Listed $950,000 OneKey® MLS as Distributed by MLS Grid
  • 2025-11-13 Listed $950,000 RLS at REBNY

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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