Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
120 E 87TH Street #R14F

For Sale · Listing by Serhant

120 E 87TH Street #R14F

Carnegie Hill, Manhattan

$2,250,000

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Interested in this property?
Active For Sale Condo

$2,250,000

$2,250 per sq ft

120 E 87TH Street #R14F

Carnegie Hill, Manhattan

Park Avenue Court

MLS® #RLS20114301

RLS at REBNY

Listing by Serhant

2
Bedrooms
2
Baths
1,000
Sq. Ft.
1972
Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,000 sq ft
Year Built 1972
Ownership Condo
HOA/Common Charges $1,745/mo
Property Taxes Contact for details
Parking Garage
Neighborhood Carnegie Hill
Floor 14 of 24

Property Highlights

  • Views: City
  • Exposure: South facing
  • Climate Control: Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 14 of 24
View City
Exposure South
Cooling Other
Pets Yes
Year Built 1972
Living Area 1,000 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Block/Lot 01515/1388

Listing History

Event Date Price Change
Listed Sep 10, 2026 $2,250,000 -
Currently Sep 10, 2026 $2,250,000 -

Description

Welcome to Park Avenue Court, one of the Upper East Side's most prestigious condominium buildings, in the heart of Carnegie Hill. Residence 14F, located on the riverside part of the building, features soaring 14-foot ceilings, abundant natural light pouring through south-facing windows, and an open view. This two-bedroom, two-bathroom home blends modern, elegant finishes with a distinctive European flair. Imagine your mornings beginning with coffee in your beautifully appointed kitchen, featuring a striking blue agate quartz backsplash with LED accent lighting, custom floor-to-ceiling white cabinetry for abundant storage, Caesarstone countertops, Bosch stainless steel appliances, a five-burner gas range, and a Kraus deep sink. The apartment flows effortlessly from one space to the next, making entertaining and quiet nights at home equally easy to enjoy. The expansive living space invites you to gather, settle in with a book, or simply enjoy the light and extraordinary ceiling height. White oak hardwood floors, recessed lighting, and bespoke finishes bring warmth to the home's dramatic proportions. Large soundproof windows offer a quiet retreat from the city, with custom electric shades ready when it's time to wind down. At the end of the day, your generously sized primary suite offers a peaceful place to recharge. A spacious walk-in closet provides ample wardrobe storage, while the spa-inspired en-suite bathroom features high-end modern finishes, designer tilework, and a soaking tub/shower combination. A washer/dryer within the bathroom adds everyday convenience. The second bedroom, complete with deep custom built-ins, offers a welcoming space for overnight guests or a dedicated workspace. The beautifully renovated second bathroom features a large walk-in shower and an oversized vanity. Glance up the glass-enclosed staircase and find an approximately 400-square-foot bonus space giving you even more room to make this home your own. Imagine a private home office, a cozy media room, or a creative retreat, with substantial hidden storage to keep everything organized. (This upper-level space is not included in the stated square footage.) The home's distinctive proportions are part of Park Avenue Court's architectural story. Originally built as a Gimbels department store in 1972 and converted into residences in 1989 by world-renowned architecture firm Skidmore, Owings & Merrill, this grand 17-story building houses 219 loft-like homes with layouts ranging from studios to seven-bedroom residences. Life here at Park Avenue Court extends well beyond your apartment. A full-time doorman and concierge welcome you home as you enter on the street level. There is a formal lobby located on the 2nd level of the building with an outdoor courtyard. You will also enjoy a private health club with an indoor swimming pool, fully equipped gym, and yoga room. Additional amenities include: children's playroom, bicycle room, basement storage and garage (pending availability). The Central Park Reservoir, the Guggenheim and The Met are only 2 1/2 blocks away. Whole Foods is 1 block east. Let Carnegie Hill become part of your everyday routine-from walks along tree-lined streets to afternoons exploring neighborhood cultural institutions-with a spacious, light-filled home waiting when you return. Location, Location, Location! 48 hours notice required for showings.

Features & Amenities

Interior Features

Separate Formal Dining Room Building Other In Unit

Exterior Features

Building Courtyard Building Roof Deck

Building Amenities

Bike Storage Common Playroom Concierge Indoor Pool

Building Information

Financial Details

Common Charges $1,745/mo
RE Taxes Contact for details

Carnegie Hill is a low-traffic residential section of the Upper East Side defined by proximity to Central Park and Museum Mile. The area features low-rise historic architecture and large pre-war cooperatives, with landmarked blocks and boutique retail along Madison Avenue.

Carnegie Hill Live Market Data

View Neighborhood

Active Listings

81

Median Asking Price

$2.25M

Median $/Sqft

$1,673

Avg Days on Market

N/A

New This Week

14

Price Reduced

35%

Sold (30 Days)

17

Median Sale Price

$2.20M

Live data from RLS at REBNY • Updated 9/10/26, 6:50 PM EST

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Location

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120 E 87TH Street #R14F, Carnegie Hill, New York County

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Building Information

Official NYC property records for this building

1925
Year Built
101 years old
2
Floors
1
Residential Units
R3-1
Zoning District
One Family Dwellings

Tax & Assessment

Assessed Value: $79,020
Land Value: $18,600
Exemptions: $0

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

Lot Area: 2,500 SF
Building Area: 1,622 SF
Built FAR: 0.65
Allowed FAR: 0.75

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 common charges are $1,745 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1972, making it approximately 54 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $2,250,000 for 1,000 sq ft, the asking price per square foot is approximately $2,250. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.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: RLS20114301
First Listed: 9/10/2026
On Market: 9/10/2026
Price Changed: 9/10/2026
Contract Date: 9/10/2026

Listing Courtesy of Serhant - Celeste la Perla Pandhi

Listing Contact: (212) 372-2916

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 9/10/2026 at 10:50 PM UTC

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Carnegie Hill Market Update

17 sales last 30 days · $2.25M median · 4.8 months supply

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New listings in this building

Quick Facts

Status Active Type Condo Neighborhood Carnegie Hill Borough Manhattan
County New York
Floor 14 of 24
Year Built 1972
First Listed 9/10/2026
Parking Garage
Living Area 1,000 sqft
Common Charges $1,745/mo

Monthly Costs Estimate

Down Payment 20%

$450,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $1,745
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$28,125

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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