Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
56 E 87TH Street #1A

For Sale · Listing by Douglas Elliman Real Estate

56 E 87TH Street #1A

Carnegie Hill, Manhattan

$895,000

Interested in this property?
Active For Sale Co-op

$895,000

56 E 87TH Street #1A

Carnegie Hill, Manhattan

MLS® #RLS20113620

RLS at REBNY

Listing by Douglas Elliman Real Estate

2
Bedrooms
1.5
Baths
N/A
Sq. Ft.
1905
Year Built

Quick Summary

Bedrooms 2
Bathrooms 2 full, 1 half
Year Built 1905
Ownership Co-op
Maintenance $3,100/mo
Neighborhood Carnegie Hill
Floor 1 of 6

Property Highlights

  • Character: Pre-war building (1905)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 1 Full, 1 Half
Floor 1 of 6
Pets Yes
Year Built 1905
Structure Type HighRise
Basement Other
Block/Lot 01498/0045

Listing History

Event Date Price Change
Listed Sep 9, 2026 $895,000 -
Currently Sep 9, 2026 $895,000 -

Description

Options abound! Excellent opportunity to own a medical office in a prized Carnegie Hill location between Park and Madison Avenues. Originally a residential unit, Apartment 1A is currently configured as a psychotherapy practice with a waiting area, four offices, kitchen, and one and a half bathrooms. Suitable for a live-work situation. Equally suited for creating your dream home - this elegant unit can be converted to a spacious 2- or 3-bedroom residence to suit your needs. This classic 1905 Beaux Arts cooperative features a handsome marble entrance, courtyard, video intercom security system, part-time superintendent, private resident storage bins (one bin transfers with sale), bicycle room, and laundry room. Pets are permitted with board approval. Financing up to 80%. Pied-a-terre and guarantors are allowed. Enjoy all that Carnegie Hill has to offer, including proximity to numerous museums, top-rated public and independent schools, Central Park, wonderful neighborhood restaurants, boutique shopping, supermarkets, and gourmet shops and bakeries. Buses and the 4, 5, and 6 trains are nearby, offering plenty of transportation options.

Features & Amenities

Interior Features

Building In Basement

Exterior Features

Building Courtyard

Building Amenities

Bike Storage

Building Information

Building Data View Compliance & Permits
Total Units 23
Stories 6
Structure HighRise

Financial Details

Maintenance $3,100/mo

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

77

Median Asking Price

$2.25M

Median $/Sqft

$1,673

Avg Days on Market

N/A

New This Week

10

Price Reduced

38%

Sold (30 Days)

17

Median Sale Price

$2.13M

Live data from RLS at REBNY • Updated 9/9/26, 11:25 AM EST

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Location

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56 E 87TH Street #1A, Carnegie Hill, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1951
Year Built
75 years old
6
Floors
167
Residential Units
R7-1
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $6,037,200
Land Value: $1,350,000
Exemptions: $111,683

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

Lot Area: 50,000 SF
Building Area: 168,600 SF
Built FAR: 3.37
Allowed FAR: 3.44

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 $3,100 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 2 bedrooms and 1 full bathroom and 1 half bathroom.

According to MLS records, the building was constructed in 1905, making it approximately 121 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 Milton Coste for weight limits or breed restrictions.

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: RLS20113620
First Listed: 9/9/2026
On Market: 9/9/2026
Price Changed: 9/9/2026
Contract Date: 9/9/2026

Listing Courtesy of Douglas Elliman Real Estate - Maria Herrera

Listing Contact: (917) 653-9974

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 9/9/2026 at 3:25 PM UTC

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Carnegie Hill Market Update

17 sales last 30 days · $2.25M median · 4.5 months supply

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Quick Facts

Status Active Type Co-op Neighborhood Carnegie Hill Borough Manhattan
County New York
Floor 1 of 6
Year Built 1905
First Listed 9/9/2026
Maintenance $3,100/mo

Monthly Costs Estimate

Down Payment 20%

$179,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $3,100
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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