Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
506 E 87TH Street
Interested in this property?

$7,649,000

$1,866 per sq ft

506 E 87TH Street

Yorkville, Manhattan

MLS® #RLS20094126

RLS at REBNY

Listing by Serhant

Open House Scheduled

Saturday, May 30 • 12:00 PM – 1:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

5

Bedrooms

5.5

Baths

4,100

Sq. Ft.

1899

Year Built

Quick Summary

Bedrooms 5
Bathrooms 6 full, 1 half
Living Area 4,100 sq ft
Lot Size 1,836 sq ft
Year Built 1899
Ownership None
Property Taxes $35,292/yr
Parking Garage
Neighborhood Yorkville
Floor 1 of 1

Property Highlights

  • Views: Other
  • Outdoor Space: Terrace
  • Fireplace: 1 fireplace

Property Details

Type Single Family Residence
Ownership None
Total Rooms 9
Baths 5 Full, 1 Half
Floor 1 of 1
View Other
Cooling Central Air
Pets Yes
Year Built 1899
Living Area 4,100 sq ft
Parking Garage Available
Structure Type Townhouse
Basement Other
Lot Size 1,836 sq ft
Parcel # 1583-0048
Block/Lot 01583/0048

Listing History

Event Date Price Change
Listed May 28, 2026 $7,649,000 -
Currently May 29, 2026 $7,649,000 -

Description

Now offered at $7,649,000, 506 East 87th Street presents a rare opportunity to own a move-in ready Upper East Side townhouse with a private garage, expansive outdoor space, and beautifully renovated interiors just moments from Carl Schurz Park.

Spanning four levels plus a cellar, this 18-foot-wide single-family residence blends timeless architectural character with modern comfort and functionality. Rather than feeling overly formal, the home was carefully reimagined for effortless day-to-day living while still offering the scale and elegance expected of a classic Upper East Side townhouse.

At the center of the home, the dramatic parlour level showcases soaring ceilings, restored original details, oversized windows, and gracious entertaining spaces filled with natural light. A formal living room anchored by a marble fireplace flows seamlessly into an elegant dining area, while a striking glass extension at the rear draws sunlight deep into the home and creates a beautiful architectural focal point. This level also offers the flexibility for an additional bedroom, office, or guest suite.

The garden level was designed for comfortable everyday living and easy entertaining. A spacious open kitchen features abundant storage, double ovens, a wine refrigerator, generous prep space, and oversized glass doors that open directly to the landscaped garden, creating a seamless indoor-outdoor connection. Direct access from the private garage adds a level of convenience rarely found on the Upper East Side.

The upper floors offer five bedrooms, multiple renovated bathrooms, and exceptional flexibility for changing lifestyle needs over time. The primary suite occupies the front portion of the third floor and includes a large walk-through closet along with a spa-like bathroom featuring a soaking tub and double vanity. At the rear of this level, an additional bedroom or office opens onto a beautifully planted private terrace overlooking surrounding gardens. The top floor includes three additional bedrooms, excellent natural light, and a practical layout well suited for guests, offices, or family living.

Additional highlights include central air conditioning, extensive storage throughout, multiple outdoor spaces, a full cellar with laundry, and annual taxes under $36,000.

Located on a quiet tree-lined Upper East Side block near Carl Schurz Park, the East River Promenade, Asphalt Green, and many of the neighborhood's most beloved restaurants and schools, 506 East 87th Street offers a rare combination of warmth, scale, privacy, and convenience.

Features & Amenities

Interior Features

Smoke Free Washer Hookup In Unit Fireplace (1)

Exterior Features

Private Outdoor Space Over60 Sqft Terrace

Building Amenities

Green Building

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 1
Stories 1
Structure Townhouse

Financial Details

RE Taxes $35,292/yr ($2,941/mo)

Yorkville is an accessible section of the Upper East Side that has seen a surge in popularity since the Second Avenue Subway (Q train) opened in 2017. Carl Schurz Park and Gracie Mansion anchor the waterfront edge, with housing options ranging from spacious 3-bedroom cooperatives to modern amenity-rich condominiums.

Yorkville Live Market Data

View Neighborhood

Active Listings

200

Median Asking Price

$1.17M

Median $/Sqft

$1,348

Avg Days on Market

N/A

New This Week

8

Price Reduced

32%

Sold (30 Days)

11

Median Sale Price

$1.73M

Live data from RLS at REBNY • Updated 5/29/26, 12:30 PM EST

Similar Listings in Yorkville

View All

Location

Loading map...

506 E 87TH Street, Yorkville, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1899
Year Built
127 years old
4
Floors
3
Residential Units
R8B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $404,880
Land Value: $116,100
Exemptions: $0

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

Lot Area: 1,707 SF
Building Area: 3,924 SF
Built FAR: 2.3
Allowed FAR: 4

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 annual property tax is $35,292, or roughly $2,941 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 5 full bathrooms and 1 half bathroom.

The listed interior living area is 4,100 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1899, making it approximately 127 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $7,649,000 for 4,100 sq ft, the asking price per square foot is approximately $1,866. 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 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: RLS20094126
First Listed: 5/28/2026
On Market: 5/28/2026
Price Changed: 5/28/2026
Contract Date: 5/28/2026

Listing Courtesy of Serhant - Ravi Kantha

Listing Contact: (914) 224-2191

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 5/29/2026 at 4:30 PM UTC

Buying in NYC? Start Here

Single-Family Homes in NYC: Finding Outdoor Space

Where to find private outdoor space and what it costs in each borough.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized, including what to budget for.

Read article

NYC Mansion Tax: 2026 Guide

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

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

Call Text Email