Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,625,000

· Closed September 1, 2023

56 E 87th Street #2-B
Closed For Sale Co-op

$1,625,000

56 E 87th Street #2-B

Upper East Side, Manhattan

MLS® #RLS10890993

RLS at REBNY

Listing by Compass

3

Bedrooms

2

Baths

N/A

Sq. Ft.

1923

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Year Built 1923
Ownership Co-op
Maintenance $2,557/mo
Neighborhood Upper East Side
Floor 2 of 6

Property Highlights

  • Exposure: North facing
  • Style: Prewar architecture
  • Character: Pre-war building (1923)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 2 of 6
Exposure North
Pets Yes
Cross Street Madison Avenue/Park Avenue
Year Built 1923
Architectural Style Prewar
Block/Lot 1498/45

Listing History

Event Date Price Change
Listed May 15, 2023 $1,625,000 -
Price Reduced Sep 5, 2023 $1,495,000 -8.0%

Description

Carnegie Hill Prewar 3 bedroom Located on a quiet tree-lined Upper East Side block between Park and Madison Avenues, this inviting home has 3 bedrooms and 2 full baths. The gracious living and dining rooms feature treetop views and ample natural light from three large windows. A custom built-in desk and bookshelf provide the perfect spot for a home office. The windowed kitchen offers abundant storage and counter space. The primary bedroom, which is separate from the two additional bedrooms, has generous closets, and an ensuite bathroom. A washer/dryer can be installed. 56 East 87th Street is a beautiful boutique limestone prewar building with an elegant marble and terrazzo lobby, video intercom security system, part-time superintendent, private storage, bike room, laundry room, a courtyard, and very low monthly maintenance costs. Residents enjoy all that Carnegie Hill has to offer, including chic shopping, neighborhood restaurants, easy transportation, Central Park and the Museum Mile. Pets are welcome with board approval. Financing up to 80% and guarantors are permitted. Please contact us with any questions or to schedule a private showing.

Features & Amenities

Interior Features

Dining Area Building Washer Dryer Install Allowed Common Area

Exterior Features

Building Garden

Appliances

Dryer Washer

Building Information

Financial Details

Maintenance $2,557/mo
Sale Price $1,625,000
Previous Price $1,495,000

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

337

Median Asking Price

$1.70M

Median $/Sqft

$1,585

Avg Days on Market

N/A

New This Week

26

Price Reduced

30%

Sold (30 Days)

33

Median Sale Price

$1.50M

Live data from RLS at REBNY • Updated 4/30/26, 5:13 PM EST

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Location

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56 E 87th Street #2-B, Upper East Side, New York County • Near Madison Avenue/Park Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1949
Year Built
77 years old
2
Floors
2
Residential Units
R4
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $48,060
Land Value: $9,120
Exemptions: $0

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

Lot Area: 2,341 SF
Building Area: 1,380 SF
Built FAR: 0.59
Allowed FAR: 1

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 $2,557 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 1923, making it approximately 103 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: RLS10890993
First Listed: 5/15/2023
Price Changed: 9/5/2023
Closed: 9/1/2023
Contract Date: 5/12/2023

Listing Courtesy of Compass - Kristina Wallison

Listing Contact: (917) 742-3136

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 4/30/2026 at 9:13 PM UTC

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