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242 East 87th Street

242 East 87th Street, New York, NY 10028
Co-op in Yorkville
49 Units
242 East 87th Street is a Co-op located in Yorkville, New York. The building was first built in 1915 and is 109 years old. It was first renovated and altered in 1988. The lot that the building was built on is 75 feet wide and 101 feet long. The official lot area is listed as 7,550 square feet. The building itself is 75 feet wide and 80 feet long. In total, 242 East 87th Street has a total floor area of 32,145 square feet. Of that, 32,145 square feet are used for residential purposes. There are a total of 49 units. Of those, 49 are residential units. 242 East 87th Street has a total of 5 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. For your convenience, laundry is located in the building. Love to bike? Store your bike in the building's bike storage rather than your own apartment. Alternatively, take a stroll around the building's garden. Both dogs and cats are allowed in the building! There are 20 closings on record, of which we have matching data for 5 listings. In the past 3 years, a listing in this building will typically remain on the market for about 98 days and tend to sell below the original asking price of $469,000 by 5.71%. Meaning, listings tend to sell at a median of $618 price per square foot. The transaction that took the longest to complete was unit 2G, listed on Apr 14, 2021 for $525,000. This particular unit ultimately sold 238 days later for $495,000. The most recent transaction was for unit 2G, which was first advertised on Apr 14, 2021, sold for $495,000 on Dec 08, 2021. Fun fact, the oldest transaction we have on record took place on May 22, 1986. See the full transaction history for 242 East 87th Street below.

Yorkville, where 242 East 87th Street is located, has a median asking price of $949,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $469,000. For interested buyers, that means the building's median asking price is around 0.51% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Facilities

Storage Available
Bike Room
Laundry Room

Laundry

Washer / Dryer Allowed

Building Style

Prewar

Accessibility

Elevators

Outdoor Space

Garden

Ownership & Occupancy

Pied-à-Terre Allowed

Pet Policy

Dogs Allowed / Cats Allowed
Dogs Allowed
Cats Allowed

Exterior

Brick Exterior

Parking

No Parking

Location

Near Public Transit
This property description is generated based on publicly available data.

5 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210414 Unit 2G
04/14/2021
2G
1 Bed
1 Bath
850 ft²
$525,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
850 ft²
$495,000 -5.71%
12/08/2021
Daniel Park
Meerae Realty Corp
20160428 Unit 5G
04/28/2016
5G
1 Bed
1 Bath
-
$588,000
bedrooms
1 Bed
bathrooms
1 Bath
$600,000 +2.04%
08/03/2016
Kevin McManus
Douglas Elliman Real Estate
20160413 Unit 2B
04/13/2016
2B
Studio
-
-
$365,000
bedrooms
Studio
bathrooms
-
$370,000 +1.37%
07/20/2016
Kevin McManus
Douglas Elliman Real Estate
20160223 Unit 3J
02/23/2016
3J
Studio
1 Bath
-
$379,000
bedrooms
Studio
bathrooms
1 Bath
$375,000 -1.06%
04/26/2016
Kevin McManus
Douglas Elliman Real Estate
20141110 Unit 1D
11/10/2014
1D
1 Bed
1 Bath
-
$469,000
bedrooms
1 Bed
bathrooms
1 Bath
$465,000 -0.85%
03/03/2015
Kevin McManus
Douglas Elliman Real Estate

Building Info

Overview

    General

  • Year Built: 1915
  • First Altered Year: 1988
  • Building Count: 1
  • Floor Count: 5
  • Total Unit Count: 49
  • Residential Unit Count: 49
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 7,550
  • Lot Size Depth Feet: 101
  • Lot Size Frontage Feet: 75
  • Building Depth: 80
  • Building Frontage: 75
  • Gross Building Area: 32,145

    Building Floor Area

  • Residential Building Floor Area: 32,145

    Floor Area Ratio

  • Built Floor Area Ratio: 4
  • Residential Floor Area Ratio: 4
  • Facilities Floor Area Ratio: 4

Building

  • Building Type: D4
  • Lot Type: 5
  • Land Use: 03
  • Irregular Lot Code: N
  • Proximity Code: 2
  • Extension Code: N

Neighborhood

  • Community District: 108
  • City Council District: 5
  • Police Precinct: 19
  • Fire Company: L013
  • Health Area: 3700
  • Sanitation District Borough: 1
  • Sanitation Subsection: 4B
  • School District: 02

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R8B

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 1532
  • Lot: 31
  • Borough Block Lot: 1015320031

    Address

  • Full Address: 240 East 87 Street
  • Zip Code: 10128

Valuation

    Assessments Valuation

  • Assessed Total Value: $3,271,050
  • Assessed Land Value: $463,500

    Exemptions

  • Exempt Total Value: $9,840
  • Exempt Land Value: $0

About Upper Manhattan



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Frequently Asked Questions

What neighborhood is 242 East 87th Street located in?
The 242 East 87th Street is a Co-op located in the neighborhood of Yorkville in Upper Manhattan, New York.
What is the average sales price for listings in 242 East 87th Street?
The average sales price for units in 242 East 87th Street is $469,000 , or $618/sqft. currently.

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