Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
245 E 87th Street #8-FG

For Sale · Listing by David Francis New York LLC

245 E 87th Street #8-FG

Upper East Side, Manhattan

$2,795,000

Interested in this property?
Active For Sale Co-op

$2,795,000

245 E 87th Street #8-FG

Upper East Side, Manhattan

MLS® #RLS20116728

RLS at REBNY

Listing by David Francis New York LLC

4
Bedrooms
3
Baths
N/A
Sq. Ft.
1964
Year Built

Quick Summary

Bedrooms 4
Bathrooms 3
Year Built 1964
Ownership Co-op
Maintenance $5,772/mo
Parking Garage
Neighborhood Upper East Side
Floor 8 of 21

Property Highlights

  • Views: City
  • Exposure: East,South,West facing
  • Outdoor Space: Terrace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 7
Baths 3 Full
Floor 8 of 21
View City
Exposure East,South,West
Pets Yes
Cross Street Third Avenue/Second Avenue
Year Built 1964
Parking Garage Available
Structure Type HighRise
Block/Lot 1533/0022

Listing History

Event Date Price Change
Listed Sep 22, 2026 $2,795,000 -
Currently Sep 23, 2026 $2,795,000 -

Description

Welcome to refined Upper East Side living at The Mayflower. This rare, sun-filled residence offers the scale and ease of a true home: a well-planned convertible 4-bedroom, 3-bath apartment with a large in-unit laundry room and a private terrace. The layout is spacious, elegant, and free-flowing—quiet, bright, and designed for both gracious entertaining and everyday comfort. The living room faces south with open, luminous city views. The terrace captures light from the east, north, and south. The primary bedroom faces west with an open outlook; the second primary faces south with equally open views. A large, windowed kitchen, three full bathrooms, and upgraded air-conditioning complete a home that feels considered rather than merely convenient. Monthly utilities of $481 cover electric, air-conditioning, heat, water, and gas—an uncommon simplicity in this caliber of residence. Pets are welcome, subject to building restrictions. The address is the amenity. Carl Schurz Park and Central Park are minutes away. The new Second Avenue subway is across the street, with Midtown, Downtown, and Brooklyn within easy reach; the 4, 5, and 6 are a short three-block walk. Fairway and Whole Foods and soon Trader Joes sit a block in either direction; two cinemas are within two blocks. Retail, dining, and daily essentials are at the doorstep—without sacrificing the hush of a well-located home. The Mayflower itself is in excellent financial condition, with no assessments. The building has been converted from oil to gas and features a new boiler, updated HVAC, new elevators, and a renovated lobby. Residents enjoy a landscaped roof deck, building laundry, bike storage, 24-hour concierge, and a live-in superintendent. A quiet, light-filled home with terrace, laundry, and open views—on one of the East Side’s most livable corners. 1185 shares $482.00 Unlimited electric and gas Photos staged for inspiration and ideas!

Features & Amenities

Interior Features

Dining Area Kitchen Window Building Washer Dryer Install Allowed Common Area In Unit

Exterior Features

Building Courtyard Building Roof Deck Private Outdoor Space Under60 Sqft Terrace

Building Amenities

Elevators

Appliances

Dryer Washer

Building Information

Building Data View Compliance & Permits
Stories 21
Structure HighRise

Financial Details

Maintenance $5,772/mo

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

293

Median Asking Price

$1.82M

Median $/Sqft

$1,435

Avg Days on Market

N/A

New This Week

23

Price Reduced

22%

Sold (30 Days)

55

Median Sale Price

$1.40M

Live data from RLS at REBNY • Updated 9/22/26, 9:02 PM EST

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Location

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245 E 87th Street #8-FG, Upper East Side, New York County • Near Third Avenue/Second Avenue

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: $302,378

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 $5,772 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 4 bedrooms and 3 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 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: RLS20116728
First Listed: 9/22/2026
On Market: 9/22/2026
Price Changed: 9/22/2026
Contract Date: 9/22/2026

Listing Courtesy of David Francis New York LLC - David F Calderazzo

Listing Contact: (212) 828-0492

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 9/23/2026 at 1:02 AM UTC

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Upper East Side Market Update

55 sales last 30 days · $1.82M median · 5.3 months supply

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Quick Facts

Status Active Type Co-op Neighborhood Upper East Side Borough Manhattan
County New York
Floor 8 of 21
Year Built 1964
First Listed 9/22/2026
Parking Garage
Maintenance $5,772/mo

Monthly Costs Estimate

Down Payment 20%

$559,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $5,772
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

$34,938

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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