Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,950,000

· Closed April 5, 2022

245 E 87TH Street #16BC
Closed For Sale Co-op

$1,950,000

245 E 87TH Street #16BC

Upper East Side, Manhattan

THE MAYFLOWER

MLS® #RLS10862884

RLS at REBNY

Listing by Douglas Elliman Real Estate

3

Bedrooms

2

Baths

N/A

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Year Built 1964
Ownership Co-op
Maintenance $4,695/mo
Parking Garage
Neighborhood Upper East Side
Floor 16 of 21

Property Highlights

  • Exposure: East,West facing
  • Outdoor Space: Balcony
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 6
Baths 2 Full
Floor 16 of 21
Exposure East,West
Pets Yes
Cross Street EAST 87 STREET and EAST 88 STREET
Year Built 1964
Parking Garage Available
Parcel # 1533-0022-00245-000-00016BC

Listing History

Event Date Price Change
Listed Nov 8, 2021 $2,100,000 -
Currently May 13, 2026 $1,950,000 -7.1%

Description

Move right into this sprawling, renovated, 3-bedroom, 2-bathroom home at the full-service Mayflower with three private outdoor spaces! Enter this immaculate home into the spacious foyer and dining area with beautiful hardwood floors, recessed lighting and tons of storage. The expansive living room with bright eastern exposures extends onto a sheltered balcony. Through a French door, the fully renovated eat-in-kitchen is sleekly designed with glass and metal cabinetry, crisp, white stone countertops, tile backsplash, and stainless steel appliances including Liebherr refrigerator, KitchenAid dishwasher and range, and built-in GE microwave. Charming, built-in banquette seating is situated opposite the open-air terrace, perfect for sipping morning coffee and planting your own urban garden. Across the hall from the kitchen is flexible bonus room, currently used as a cozy TV den but would also make a great, private home office. The bedrooms are generous in size with excellent closets and are each equipped with a built-in desk, ideal for home office/school use. The primary bedroom is located far from the other bedrooms for additional privacy and the second bedroom features an extra-large walk-in closet and a private balcony. Both full bathrooms have been updated and are in excellent condition with shower-bathtub combinations and cheerful, colored tiles. This thoughtfully designed home even has its own LG washer and dryer.

245 East 87th Street is a highly sought after building with 24-hour doorman, excellent live-in superintendent, bike room, courtyard, and common laundry. Residents love living in the heart of the Upper East Side surrounded by restaurants, cafes, nightlife, shopping, easy access to public transportation, and all area amenities. Pets are welcome! Utilities, including electricity, are billed using a bulk rate directly to shareholders. 16BC's utility charge is $442.77/month.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Exterior Features

Balcony Balcony

Appliances

Dryer Washer Dryer Allowed Washer

Building Information

Financial Details

Maintenance $4,695/mo
Original Price $2,100,000
Sale Price $1,950,000
Previous Price $2,100,000

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

343

Median Asking Price

$1.70M

Median $/Sqft

$1,491

Avg Days on Market

N/A

New This Week

25

Price Reduced

28%

Sold (30 Days)

43

Median Sale Price

$1.60M

Live data from RLS at REBNY • Updated 5/13/26, 4:12 PM EST

Similar Listings in Upper East Side

View All

Location

Loading map...

245 E 87TH Street #16BC, Upper East Side, New York County • Near EAST 87 STREET and EAST 88 STREET

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1966
Year Built
60 years old
20
Floors
118
Residential Units
C2-8
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $17,110,350
Land Value: $2,331,000
Exemptions: $275,078

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

Lot Area: 12,175 SF
Building Area: 148,747 SF
Built FAR: 12.22
Allowed FAR: 10

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 $4,695 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 3 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1964, making it approximately 62 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: RLS10862884
First Listed: 11/8/2021
Price Changed: 4/6/2022
Closed: 4/5/2022
Contract Date: 11/8/2021

Listing Courtesy of Douglas Elliman Real Estate - Paul Zweben

Listing Contact: (212) 769-9807

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 5/13/2026 at 8:12 PM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton