For Sale · Listing by Serhant
506 E 87TH Street
Yorkville, Manhattan
$7,295,000
506 E 87TH Street
MLS® #RLS20094126
Listing by Serhant
- 5
- Bedrooms
- 5.5
- Baths
- 4,100
- Sq. Ft.
- 1899
- Year Built
Quick Summary
Property Highlights
- Views: Other
- Outdoor Space: Terrace, Balcony
- Fireplace: 1 fireplace
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | May 28, 2026 | $7,649,000 | - |
| Currently | Oct 14, 2026 | $7,295,000 | -4.6% |
Description
All open houses are BY APPOINTMENT only 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
Exterior Features
Building Amenities
Appliances
Building Information
Financial Details
About Yorkville
View All Yorkville ListingsYorkville 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 NeighborhoodActive Listings
171
Median Asking Price
$1.20M
Median $/Sqft
$1,231
Avg Days on Market
N/A
New This Week
6
Price Reduced
38%
Sold (30 Days)
28
Median Sale Price
$1.10M
Live data from RLS at REBNY • Updated 10/14/26, 7:10 AM EST
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Location
506 E 87TH Street, Yorkville, New York County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
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 Milton Coste for weight limits or breed restrictions.
At the current list price of $7,295,000 for 4,100 sq ft, the asking price per square foot is approximately $1,779. 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 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) 416-7433Listing 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.
How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works
RLS Data display by Keller Williams NYC. Data last updated on 10/14/2026 at 11:10 AM UTC
See it in person
Sale history, taxes, violations and comps for this unit
Before you bid
Pre-Offer Report: 506 E 87TH Street
At $7,295,000, the listing leaves out what decides the offer: the recorded sale history, the tax and abatement picture, open building violations and permits, and the closed sales that set the price. Milton prepares the report from public records. No obligation.
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What happens next
- 1Milton emails you today.
- 2A short call about what you want and when.
- 3The agreement arrives electronically after the call. Then showings.
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You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.
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Quick Facts
Monthly Costs Estimate
$1,459,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$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 $5M to $9,999,999 at 2.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$164,138
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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