517 East 87th Street

517 East 87th Street is a Co-op located in Yorkville, New York. The building was first built in 1925 and is 99 years old. It was first renovated and altered in 1987. But was most recently renovated and altered in 2009. The lot that the building was built on is 25 feet wide and 101 feet long. The official lot area is listed as 2,492 square feet. The building itself is 25 feet wide and 79 feet long. In total, 517 East 87th Street has a total floor area of 9,613 square feet. Of that, 8,963 square feet are used for residential purposes. About 650 square feet of the building are used for commercial purposes. There are a total of 10 units. Of those, 9 are residential units. There is one commercial unit. 517 East 87th Street has a total of 5 floors.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. Residents who own pets will be happy to hear that the building is pet-friendly. 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 140 days Meaning, listings tend to sell at a median of $782 price per square foot. The transaction that took the longest to complete was unit 3E, listed on Jul 20, 2018 for $650,000. This particular unit ultimately sold 203 days later for $605,000. The most recent transaction was for unit 2E, sold for $0 on Aug 15, 2023. Fun fact, the oldest transaction we have on record took place on Jul 03, 1967. See the full transaction history for 517 East 87th Street below.

Yorkville, where 517 East 87th Street is located, has a median asking price of $943,250 for co-op buildings. Meanwhile, the building itself has a median asking price of $652,500. For interested buyers, that means the building's median asking price is around 0.31% 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.