Park Avenue Court

Park Avenue Court is a condo located 120 East 87th Street, in Carnegie Hill, New York. The building was first built in 1981 and is 43 years old. It was first renovated and altered in 1989. The lot that the building was built on is 201 feet wide and 120 feet long. The official lot area is listed as 35,150 square feet. In total, 120 East 87th Street has a total floor area of 337,099 square feet. Of that, 244,072 square feet are used for residential purposes. About 93,027 square feet of the building are used for commercial purposes. Additionally, the building has a 15,158 square feet garage. There are a total of 344 units. Of those, 216 are residential units. There are 128 commercial units. 120 East 87th Street has a total of 17 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For your convenience, laundry is located in the building. Better yet, washer and dryers are allowed in each unit. For those who love to work out, there is a fitness center. Love to bike? Store your bike in the building's bike storage rather than your own apartment. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Alternatively, take a stroll around the building's courtyard and garden. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 914 closings on record, of which we have matching data for 44 listings. In the past 3 years, a listing in this building will typically remain on the market for about 142 days and tend to sell above the original asking price of $1,262,500 by 13.68%. Meaning, listings tend to sell at a median of $1,472 price per square foot. The transaction that took the longest to complete was unit P18C, listed on Jan 06, 2020 for $1,599,000. This particular unit ultimately sold 297 days later for $1,630,000. The most recent transaction was for unit R12H, sold for $0 on Oct 12, 2023. Fun fact, the oldest transaction we have on record took place on Dec 06, 1983. See the full transaction history for Park Avenue Court below.

Carnegie Hill, where 120 East 87th Street is located, has a median asking price of $1,650,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,262,500. For interested buyers, that means the building's median asking price is around 0.23% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 3 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $3,250,000. It is a 1,703 sqft 3 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $649,000. It is a 541 sqft studio and 1 bathroom unit. A breakdown of active listings shows 1 studio, 1 one-bedroom, no two-bedroom, 1 three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $1,275,000. Collectively, the median square footage of these active units for sale is 1,225 sqft. Active units for sale at 120 East 87th Street have a median count of 1 bedrooms and have a median count of 1 bathroom.