241 E 76th St Unit 9I · New York, NY
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $691 – $1,283
Heat risk 6/10 · Moderate
- Hot days now (above 99°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 5 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
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
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.
Questions for the listing agent
- 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?
- 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?
- Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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?
- 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.
- 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.
- 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
- IRR
- 4.8%
- Equity multiple
- 1.33×
- Total profit
- $87,118
- Equity at exit
- $580,059
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-01days on market $950,000 Active 183 DOM
-
2026-05-31days on market $950,000 Active 182 DOM
-
2026-04-06status 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.
-
2026-04-06status 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.
-
2026-03-19historical 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.
-
2025-12-09status 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.
-
2025-12-09historical 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.
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2025-11-13$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.
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2025-11-13$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
- 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
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
- 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 |
|---|---|---|
| Financial Services | 10 | $950B |
|
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| Consumer Goods | 9 | $162B |
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| Insurance | 4 | $225B |
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| Telecommunications | 2 | $144B |
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| Pharmaceuticals | 2 | $112B |
|
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| Media / Entertainment | 2 | $69B |
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Price history
+0.0% since first listed7 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
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…