Sponsor co-op pick of the week

A Yorkville one bedroom with private garden for $650,000, no board approval required

By Donna M. Airoldi  | August 17, 2018 - 10:00AM

This newly renovated apartment features high-end appliances and finishes.


Welcome to Brick Underground’s sponsor apartment pick of the week, where we feature a co-op for sale by the owner of the building. You do not need board approval to buy these apartments, they are often newly renovated, and they typically require a down payment of only 10 percent, versus the 20 to 25 percent that most co-ops demand. In exchange for the condo-like ease of acquisition, expect to pay a bit more than a regular co-op, but considerably less than a condo. For more information, check out "Everything you ever wanted to know about sponsor apartments but were afraid to ask."


It’s one thing to find a one-bedroom apartment priced below the median for a neighborhood, it’s even more of a coup when that apartment is newly renovated and comes with a private garden.

That’s the story for this sponsor co-op, 435 East 85th St., #Garden-2, located in the Yorkville section of the Upper East Side, where the median for a one bedroom is $799,000, according to StreetEasy. The apartment is listed for $650,000.

Features include high ceilings, 4-inch solid rift-sewn white oak floors, recessed lighting, wiring for both cat 5 and HDMI connectivity, a new through-the-wall Friedrich AC, and new exterior windows.


The kitchen has Silestone countertops, custom-built cabinets, and Bosch and Fisher Paykel appliances, which include a dishwasher. Based on the photo, there appears to be a wall of cabinets at the end of the room. The area outside the kitchen is large enough for a small dining table. There’s also a washer/dryer closet off the entrance foyer.

The bedroom overlooks the garden and has an 8-foot-by-3-foot walk-in closet. There’s an additional closet in the foyer (separate from the laundry closet).


Bathroom finishes include Grohe and Hansgrohe hardware. The description also mentioned plumbing and faucet by Toto and Kohler.


The 540-square-foot L-shaped private garden is accessed off the apartment’s living room.


The four-story building was constructed in 1958 and has a live-in super. All purchasing types are allowed for this apartment, including co-purchase, gifting, and pied-a-terre. Monthly maintenance is $1,293. There is currently a monthly assessment of $189.35 through March 2019 for a new boiler. 

Located between First and York avenues, the building is close to the Second Avenue subway Q station at 86th Street. Carl Shurz Park is a block and a half east. Shops and restaurants line the bordering avenues.

An open house is scheduled for Sunday, August 19th, from noon-1:30 p.m.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.