Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $370,000

Listed at $375,000 · Sold 1.3% below asking · Closed August 22, 2022

531 E 87th Street #3-C
Closed For Sale Co-op

$375,000

531 E 87th Street #3-C

Upper East Side, Manhattan

MLS® #RLS10791538

RLS at REBNY

Listing by R New York

1

Bedroom

1

Bath

N/A

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1910
Ownership Co-op
Maintenance $1,167.49/mo
Neighborhood Upper East Side
Floor 3 of 5

Property Highlights

  • Exposure: North facing
  • Style: Prewar architecture
  • Climate Control: Wall Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 3 of 5
Exposure North
Cooling Wall Units
Pets CatsOk
Cross Street York Avenue/East End Avenue
Year Built 1910
Architectural Style Prewar
Block/Lot 1584/16

Listing History

Event Date Price Change
Listed Mar 15, 2022 $375,000 -
Currently May 5, 2026 $375,000 -

Description

Located just steps from Carl Schurz Park and Gracie Mansion, own a one bedroom home for the price of a studio. This comfortable one bedroom, only 2 flights up, makes a great first home. A lot of natural light flows into the living room from a picture window that looks out to the building's rear garden. The bedroom easily fits a queen bed with a side table. You will love the exposed brick in the updated kitchen, oak hardwood floors, thru-the-wall A/C, high ceilings and the overall details of pre-war charm. The windowed bathroom has a full tub.
The building permits Co-Purchasing, guarantors, gifting and has bicycle storage, a general storage room, Laundry in the building and a part-time super. Sorry, No dogs. NOTE: This is a "Sponsor" apartment, which means "no board approval required" and investors welcome! Rent immediately!
There is a Gristedes, Duane Reade and Chase Bank within a block away, as well as the crosstown bus. In addition the Q and 4,5,6 train on 86th street make this location extremely convenient!

Features & Amenities

Interior Features

Common Area

Building Information

Financial Details

Maintenance $1,167.49/mo
Sale Price $370,000

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its low-traffic, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.

Upper East Side Live Market Data

View Neighborhood

Active Listings

335

Median Asking Price

$1.75M

Median $/Sqft

$1,497

Avg Days on Market

N/A

New This Week

18

Price Reduced

29%

Sold (30 Days)

38

Median Sale Price

$1.56M

Live data from RLS at REBNY • Updated 5/5/26, 3:19 PM EST

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Location

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531 E 87th Street #3-C, Upper East Side, New York County • Near York Avenue/East End Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
5
Floors
20
Residential Units
R8B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $1,242,000
Land Value: $297,000
Exemptions: $82,903

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 2,517 SF
Building Area: 8,745 SF
Built FAR: 3.47
Allowed FAR: 4

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,167.49 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10791538
First Listed: 3/15/2022
Price Changed: 3/15/2022
Closed: 8/22/2022
Contract Date: 3/14/2022

Listing Courtesy of R New York - Chris Lipman

Listing Contact: (212) 688-1000

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/5/2026 at 7:19 PM UTC

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