
11
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309 E 87th Street #4G
About This Property
Nestled on a charming tree-lined street in the heart of the Upper East Side, this Real 2-bedroom beckons with its spacious design. Residents are a block from Fairway, Whole Foods and Q train and minutes from Central Park and Museum Mile.
The optimal layout commences with a long entry hallway adorned with an oversized coat and storage closet. The living room, sizable enough for a large dining table and full-sized furniture, features a built-in floor-to-ceiling book and storage unit. The large kitchen, boasting ample counter space and stainless steel appliances, features wood cabinets, substantial pantry and overlooks the living room. The master bedroom easily accommodates a King-sized bed, complete with spacious closets. Hardwood floors grace every room, providing a canvas ready for your personal touch.
Both bedrooms and the living room are equipped with their own through-the-wall AC units, ensuring comfort year-round. This apartment exudes tranquility, thanks to the completed window replacement project in the building a few years ago.
With reasonable maintenance fees in a well-run Upper East Side co-op building, Apartment 4G stands as the epitome of a quiet, spacious, and well-appointed 2-bedroom abode.
THE BUILDING
309 East 87th Street stands as a beacon of sophisticated co-operative living, seamlessly blending convenience and luxury. This premier full-service building boasts a first-class staff, ensuring security and hospitality with 24/7 doorman service and a live-in superintendent.
Step into a world of refined elegance as the newly renovated lobby and hallways set the stage for an upscale living experience. Elevators have been replaced, and various capital improvements showcase the commitment to maintaining a top-tier residence. Financial stability echoes throughout the building, evident in the attractively low maintenance levels and the 2014 window replacement in all apartments, adding both aesthetic charm and efficiency.
Pets are not just allowed but welcomed, adding a touch of warmth to the upscale environment.
On-site conveniences abound, including private storage, bike storage, and a private parking garage with convenient lobby access and discounted pricing. The practicality extends to a laundry room located on the lobby level, eliminating the need for basement trips. Residents can relax with relish in the recent 3,000+ sq.ft. outdoor common backyard renovation (Spring 2023), creating a delightful communal space for leisure and tranquility.
Catering to diverse lifestyles, the coop warmly welcomes pied-a-terre dwellers, co-purchasers, parents buying for children and is pet friendly. The building's accessibility extends beyond its walls, with proximity to the Q subway line, 4/5/6 trains, and various bus lines.
In the heart of the Upper East Side, 309 East 87th Street is more than a residence; it's a harmonious blend of luxury, convenience, and financial stability, inviting you to experience the epitome of Manhattan living.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 25, 2024 | Sold | ||
Sold | |||
Jun 21, 2024 | In contract | - | |
In contract | |||
Jun 11, 2024 | Relisted | $699,000 | |
Relisted | |||
Jun 8, 2024 | No longer available | - | |
No longer available | |||
May 24, 2024 | Price Decreased |
$699,000
↓ $26K
(3.6%) | |
Price Decreased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/26/2024
|
1 Bed
|
1 Bath
|
-
|
$599,000
1 Bed
1 Bath
|
$550,000
-8.18%
08/27/2024
|
-
|
Brett Walsdorf
Compass
| |
02/18/2024
|
Studio
|
1 Bath
|
-
|
$339,000
Studio
1 Bath
|
$305,000
-10.03%
10/22/2024
|
-
|
Anita Filice
Halstead Property, LLC
| |
02/16/2024
|
2 Bed
|
1 Bath
|
925 ft²
|
$830,000
2 Bed
1 Bath
925 ft²
|
$699,000
-15.78%
09/25/2024
|
-
|
Aaron Holland
R New York
| |
04/02/2023
|
1 Bed
|
1 Bath
|
-
|
$510,000
1 Bed
1 Bath
|
-
-
|
-
|
Chris Lipman
R New York
| |
01/03/2023
|
1 Bed
|
1 Bath
|
-
|
$585,000
1 Bed
1 Bath
|
$575,000
-1.71%
07/12/2023
|
-
|
Samuel Horowitz
SRG Residential LLC
| |
05/17/2022
|
1 Bed
|
1 Bath
|
-
|
$625,000
1 Bed
1 Bath
|
-
-
|
-
|
Chris Lipman
R New York
| |
05/10/2022
|
2 Bed
|
1 Bath
|
-
|
$849,000
2 Bed
1 Bath
|
$803,500
-5.36%
11/22/2022
|
-
|
Julio Izquierdo
Prudential Douglas Elliman Real Estate
| |
03/23/2022
|
1 Bed
|
1 Bath
|
-
|
$650,000
1 Bed
1 Bath
|
-
-
|
-
|
Chris Lipman
R New York
| |
03/23/2022
|
1 Bed
|
1 Bath
|
-
|
$675,000
1 Bed
1 Bath
|
$625,000
-7.41%
01/31/2023
|
-
|
Chris Lipman
R New York
| |
03/17/2022
|
Studio
|
1 Bath
|
-
|
$410,000
Studio
1 Bath
|
$385,000
-6.10%
09/07/2022
|
-
|
Chris Lipman
R New York
| |
01/04/2022
|
1 Bed
|
1 Bath
|
-
|
$515,000
1 Bed
1 Bath
|
-
-
|
-
|
Chris Lipman
R New York
| |
12/18/2021
|
Studio
|
1 Bath
|
500 ft²
|
$499,000
Studio
1 Bath
500 ft²
|
-
-
|
-
|
Leonid Rubanov
Z Realty
| |
10/12/2021
|
Studio
|
1 Bath
|
-
|
$380,000
Studio
1 Bath
|
$350,000
-7.89%
08/30/2022
|
-
|
Marvin Vipler
R New York
| |
09/29/2021
|
2 Bed
|
1 Bath
|
950 ft²
|
$975,000
2 Bed
1 Bath
950 ft²
|
$810,000
-16.92%
09/29/2022
|
-
|
Samuel Horowitz
SRG Residential LLC
| |
08/10/2021
|
4 Bed
|
3 Bath
|
-
|
$2,250,000
4 Bed
3 Bath
|
$2,250,000
02/11/2022
|
-
|
Jennifer Lafferty
Compass
| |
08/10/2021
|
1 Bed
|
1 Bath
|
750 ft²
|
$685,000
1 Bed
1 Bath
750 ft²
|
$670,000
-2.19%
01/06/2022
|
-
|
Alexandra Bellak
Elliman
| |
07/12/2021
|
2 Bed
|
1 Bath
|
-
|
-
2 Bed
1 Bath
|
$845,000
10/25/2021
|
-
|
James Bartoes
Compass
| |
07/09/2021
|
2 Bed
|
1 Bath
|
870 ft²
|
$770,000
2 Bed
1 Bath
870 ft²
|
$770,000
03/07/2022
|
-
|
Alexandra Bellak
Elliman
| |
04/06/2021
|
2 Bed
|
1 Bath
|
1100 ft²
|
$1,249,000
2 Bed
1 Bath
1100 ft²
|
$1,185,000
-5.12%
10/04/2021
|
-
|
Samuel Horowitz
SRG Residential LLC
| |
01/27/2021
|
1 Bed
|
1 Bath
|
-
|
$575,000
1 Bed
1 Bath
|
$550,000
-4.35%
08/04/2021
|
-
|
Marvin Vipler
R New York
| |
09/30/2020
|
2 Bed
|
1 Bath
|
-
|
$695,000
2 Bed
1 Bath
|
$640,000
-7.91%
04/14/2021
|
-
|
Norhana Ariffin
Halstead Property, LLC
| |
09/27/2018
|
1 Bed
|
1 Bath
|
750 ft²
|
$750,000
1 Bed
1 Bath
750 ft²
|
$682,500
-9.00%
09/06/2019
|
-
|
Anya Turcheck
Compass
| |
06/19/2018
|
1 Bed
|
1 Bath
|
750 ft²
|
$749,000
1 Bed
1 Bath
750 ft²
|
-
-
|
-
|
-
| |
05/30/2018
| |
2 Bed
|
1 Bath
|
-
|
-
2 Bed
1 Bath
|
-
-
|
-
|
-
|
09/07/2017
|
1 Bed
|
1 Bath
|
750 ft²
|
$635,000
1 Bed
1 Bath
750 ft²
|
$630,000
-0.79%
02/05/2021
|
-
|
Jonathan Kamback
BLU Realty Group
| |
03/08/2017
|
1 Bed
|
1 Bath
|
750 ft²
|
$625,000
1 Bed
1 Bath
750 ft²
|
$630,000
+0.80%
02/05/2021
|
-
|
Douglas Perlson
Perlson Douglas J
| |
11/02/2016
|
1 Bed
|
1 Bath
|
-
|
$620,000
1 Bed
1 Bath
|
$600,000
-3.23%
02/05/2021
|
-
|
Alan Israel Hedrick
Compass
| |
08/30/2016
|
1 Bed
|
1 Bath
|
750 ft²
|
$625,000
1 Bed
1 Bath
750 ft²
|
$590,000
-5.60%
02/05/2021
|
-
|
Marvin Vipler
R New York
| |
01/20/2016
|
1 Bed
|
1 Bath
|
800 ft²
|
$575,000
1 Bed
1 Bath
800 ft²
|
$546,000
-5.04%
02/05/2021
|
-
|
Marvin Vipler
R New York
| |
10/19/2015
|
Studio
|
1 Bath
|
400 ft²
|
$379,000
Studio
1 Bath
400 ft²
|
$375,000
-1.06%
05/24/2016
|
-
|
Michael Stacy
Prudential Douglas Elliman Real Estate
| |
09/30/2015
|
2 Bed
|
1 Bath
|
-
|
$838,000
2 Bed
1 Bath
|
$730,000
-12.89%
04/11/2016
|
-
|
Ann Marie Folan
Prudential Douglas Elliman Real Estate
| |
06/02/2015
|
3 Bed
|
2 Bath
|
-
|
$1,795,000
3 Bed
2 Bath
|
$1,826,500
+1.75%
08/19/2015
|
-
|
Cynthia Plehn
Corcoran Group
| |
10/15/2014
|
2 Bed
|
1 Bath
|
900 ft²
|
$749,000
2 Bed
1 Bath
900 ft²
|
-
-
|
-
|
Marvin Vipler
R New York
| |
09/03/2014
|
2 Bed
|
1 Bath
|
900 ft²
|
$709,000
2 Bed
1 Bath
900 ft²
|
$680,000
-4.09%
04/28/2015
|
-
|
Karen Stone
Halstead Property, LLC
| |
03/06/2014
|
2 Bed
|
1 Bath
|
1100 ft²
|
$879,000
2 Bed
1 Bath
1100 ft²
|
-
-
|
-
|
Lee Rachel
Town 79th Street LLC
| |
12/05/2013
|
2 Bed
|
1 Bath
|
800 ft²
|
$675,000
2 Bed
1 Bath
800 ft²
|
$660,000
-2.22%
02/05/2021
|
-
|
Marvin Vipler
R New York
| |
11/04/2013
|
1 Bed
|
1 Bath
|
750 ft²
|
$539,000
1 Bed
1 Bath
750 ft²
|
-
-
|
-
|
Marvin Vipler
R New York
| |
10/24/2013
|
Studio
|
1 Bath
|
-
|
$289,900
Studio
1 Bath
|
$280,000
-3.41%
02/05/2021
|
-
|
Marvin Vipler
R New York
| |
07/16/2013
|
1 Bed
|
1 Bath
|
725 ft²
|
$525,000
1 Bed
1 Bath
725 ft²
|
$515,000
-1.90%
01/15/2014
|
-
|
Marvin Vipler
R New York
| |
07/09/2013
|
1 Bed
|
1 Bath
|
750 ft²
|
$589,000
1 Bed
1 Bath
750 ft²
|
$589,000
01/07/2014
|
-
|
Marvin Vipler
R New York
| |
05/23/2013
|
1 Bed
|
1 Bath
|
750 ft²
|
$549,000
1 Bed
1 Bath
750 ft²
|
$505,000
-8.01%
02/17/2013
|
-
|
Lee Rachel
Town 79th Street LLC
| |
01/28/2013
|
2 Bed
|
1 Bath
|
800 ft²
|
$639,000
2 Bed
1 Bath
800 ft²
|
$622,500
-2.58%
07/28/2013
|
-
|
Marvin Vipler
R New York
| |
01/17/2013
|
1 Bed
|
1 Bath
|
700 ft²
|
$445,000
1 Bed
1 Bath
700 ft²
|
$445,500
+0.11%
08/14/2013
|
-
|
Marvin Vipler
R New York
| |
08/25/2010
|
1 Bed
|
1 Bath
|
-
|
$492,500
1 Bed
1 Bath
|
$492,500
02/05/2021
|
-
|
Marianne Cole
Brown Harris Stevens Residential Sales LLC
|
Building Info
- 122 Units
- 3 Units for Sale
