Listing Courtesy of Nest Seekers LLC
$499,000
Potential Rebate: $7,485
Introducing Residence PHD at 230 East 71st Street, a top floor cooperative home in estate condition that is ready for a full renovation. Set within a classic prewar elevator building on a tree lined block between Second and Third Avenue, this residence is a true blank canvas for a buyer who wants to control the layout, finishes and overall design from start to finish. Whether the goal is a clean, contemporary space or a more traditional prewar aesthetic, the apartment offers a solid starting point for a thoughtful reconfiguration with the help of an architect or designer. The home is priced to reflect the scope of work required and the opportunity to add value. Constructed circa 1929 and converted to cooperative ownership in 1979, 230 East 71st Street combines prewar character with practical amenities. This six-story, 60-unit elevator building features a video and voice intercom security, live in superintendent, central laundry room, bike storage, common storage (subject to availability) and a shared rear garden sitting area. The cooperative permits co-purchasing and gifting, as well as pied a terre use and parents buying for children, with standard financial review and board approval. Maximum financing is permitted up to 75 percent of the purchase price. In unit washers and dryers, corporate purchases and short-term or AirBnB style rentals are not allowed. Cats are permitted, dogs are not. The location offers convenient access to the Q, 6 and F trains, with Central Park, neighborhood restaurants, shopping and daily services all within easy reach. This is a straightforward renovation project in a stable, well run cooperative for a buyer who wants to customize their Upper East Side home.
$4,383 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$7,485
Monthly savings impact
$21/mo
Effective Purchase Price
$491,515
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Nest Seekers LLC
Data Source: TRESTLE #RLS20063077
RLS at REBNY

2.5%
Experience
Member
Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Nest Seekers LLC
Data Source: TRESTLE #RLS20063077
RLS at REBNY

Compare average listing prices and value metrics for 230 East 71st Street against the surrounding Upper East Side market.
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