The Parc

The Parc is a Co-op located 55 East 87th Street, in Carnegie Hill, New York. The building was first built in 1963 and is 61 years old. The lot that the building was built on is 179 feet wide and 101 feet long. The official lot area is listed as 17,900 square feet. The building itself is 179 feet wide and 98 feet long. In total, 55 East 87th Street has a total floor area of 156,729 square feet. Of that, 152,409 square feet are used for residential purposes. About 4,320 square feet of the building are used for commercial purposes. There are a total of 129 units. Of those, 120 are residential units. There are nine commercial units. 55 East 87th Street has a total of 14 floors. Thankfully, the building is equipped with elevator service. Residents can access the two elevators in 55 East 87th Street.

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. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! 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 99 closings on record, of which we have matching data for 43 listings. In the past 3 years, a listing in this building will typically remain on the market for about 182 days and tend to sell below the original asking price of $1,205,000 by 3.20%. Meaning, listings tend to sell at a median of $935 price per square foot. The transaction that took the longest to complete was unit 8M, listed on Jul 18, 2020 for $865,000. This particular unit ultimately sold 354 days later for $762,500. The most recent transaction was for unit 12C, sold for $1,075,000 on Aug 28, 2023. Fun fact, the oldest transaction we have on record took place on Oct 01, 1987. See the full transaction history for The Parc below.

Carnegie Hill, where 55 East 87th Street is located, has a median asking price of $950,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $1,205,000. For interested buyers, that means the building's median asking price is around 0.27% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

There are currently 7 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 $2,995,000. It is a 4 bedroom and 3 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $750,000. It is a 1 bedroom and 1 bathroom unit. A breakdown of active listings shows 2 studio, 1 one-bedroom, 1 two-bedroom, 2 three-bedroom, and 1 four-bedroom plus units for sale! The median price of all the active units for sale in the building is $1,699,000. Active units for sale at 55 East 87th Street are mostly 2-bedroom apartments Active units for sale at 55 East 87th Street have a median count of 2 bedrooms and have a median count of 2 bathrooms.