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300 E 85th St APT 2705, New York, NY, 10028

5beds
4baths
2,700sqft
$3,650,000
$1,352price/sqft
$21,840/moest. monthly cost
$873,600/yrincome needed

About This Home

Please Note Advance notice required for all showings. All showings by private appointment only. Tenant/family occupied through the end of the year-December 2026. A rare opportunity to secure a sprawling five-bedroom residence now while generating income, or plan and execute a future renovation without carrying monthly costs out of pocket. No board approval. Condominium rules. Investor friendly. This expansive five-bedroom residence is attractively priced for today's market and offers exceptional flexibility for both end users and investors. Bring your architect or contractor to reimagine and customize a true dream home in the sky. Perched on the 27th floor and spanning approximately 2,700 +/- square feet, this one-of-a-kind home is the largest residence currently offered in the building. Oversized windows frame sweeping city and river views from three exposures-north, east, and south-filling the home with natural light throughout the day. The residence features a gourmet eat-in kitchen with custom cabinetry, granite countertops, a Sub-Zero refrigerator, Viking gas range and microwave, and Miele dishwasher. Additional highlights include marble bathrooms, abundant closet and storage space with California Closets, custom built-ins, crown moldings, approximately 9-foot ceilings, and an in-unit washer/dryer. With only three residences per floor, privacy and exclusivity are paramount. Located at The America, one of the Upper East Side's premier full-service luxury condominiums, residents enjoy an exceptional suite of amenities including a newly renovated fitness center, dry sauna, party room, full-time doorman and concierge, private garage, bike storage, and Verizon Fios. Ideally positioned between Central Park and Carl Schurz Park, this coveted Upper East Side location offers immediate access to premier shopping, dining, transportation, and top private and public schools. Nearby conveniences include the Second Avenue Q subway, 4/5/6 trains, Whole Foods, Fairway, Equinox, the 92nd Street Y, Asphalt Green, and Museum Mile, with easy access to the FDR Drive. Additional ownership benefits include: unlimited subletting from day one, purchase permitted in an LLC or trust, no mortgage recording tax, up to 80% financing allowed, and pet-friendly policies. Not a land lease - the condominium owns both the land and commercial space.

Getting Around

100
WalkingWalker's Paradise
100
TransitRider's Paradise
84
BikeVery Bikeable

Schools

8/10
8/10
Jhs 167 Robert F WagnerGrades 6-80.5 mi
9/10

Construction

Condition

  • Year built: 1987

Type & Style

  • Home type: Condo
  • Property subType: Condop

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 2,700
  • Total interior livable area: 2,700 sqft

Property

Details

  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Balcony
  • Has view: Yes
  • View description: City,Park/Greenbelt,Skyline,Water
  • Has water view: Yes
  • Water view: Water

Parking

  • Parking features: Garage
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $18,456$221,472
Home Insurance *$779$9,348
Property Taxes $2,159$25,908
Electricity $446$5,354
Total$21,840$262,080
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$748,800/yr
40% on housing$655,200/yr
45% on housing$582,400/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,352This listing

vs Other Active Listings

Avg $/sqft

ZIP 10028$1,836
New York County$1,488

vs Homes Sold Last Month

Median $/sqft

ZIP 10028$2,311
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-15Listed for sale$3,650,000
2016-05-17Listing removed$15,750
2016-02-17Listed for rent$15,750
2016-02-17Listing removed$4,399,999
2015-10-22Price change$4,399,999
2015-09-25Listing removed$18,000
2015-09-09Listed for rent$18,000
2015-07-28Listing removed$18,000
2015-06-25Listed for sale$4,500,000
2015-06-18Listed for rent$18,000
2015-01-22Listing removed$4,500,000
2015-01-08Listed for sale$4,500,000
2014-09-27Listing removed$5,500,000
2014-01-25Listed for sale$5,500,000
2009-01-13Listing removed$19,500
2008-12-05Price change$19,500
2008-10-13Listed for sale$21,500

For Sale by Agent

AgentPaul Anand
BrokerageBrown Harris Stevens

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