See Home Value
$11,865,022*
House - Off Market

550 East 87th Street

New York, NY 10028
bedrooms
6 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4800 Sqft
$7,290,000 - $8,910,000
Reference Base Price*
46.48%
Since Jul 1, 2019
NY-New York
Primary Model
Transfer

About This Property

Located steps from Carl Schurz Park this renovated five story townhouse provides a perfect family environment both inside and out. The house has undergone a clean renovation focused on preserving original details and traditional style while providing central AC, a central vacuuming system, and intercom security. The unique location on East 87th Street provides the house with Northern and Southern exposures on all floors, as well as East and West exposures on the upper floors. The South side of the house overlooks historic Henderson Place and has a large planted garden with a separate entrance. The interior of the house offers 5-6 bedrooms and 5 1/2 baths. There is currently a one bedroom one bath apartment located on the ground floor that has an interior stairway connection to the floors above. Along with the garden, additional outdoor spaces include a small wrought-iron terrace positioned off the dining room overlooking the garden, and a large cedar planked roof terrace with exquisite views of the city, the green expanse of Carl Schurz Park, and in wintertime, the East River and Gracie Mansion. This is the lightest, loveliest family home imaginable in the Upper East 80s.

The manager has listed the unit size as 4800 square feet.
Unit Size
4,800Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,688
Property Type
House
Property Taxes
$64,276
HOA Dues
-
Year Built
1899

Price History

Date / Event Date Event Price
Jun 30, 2022 Sold to Riad Abrahams, Tara Abrahams $7,000,000
Sold to Riad Abrahams, Tara Abrahams
Jun 29, 2019 No longer available -
No longer available
Mar 22, 2019 Listed $8,100,000
Listed
May 30, 2007 Sold to John Campbell Henry, John C... $5,810,000
Sold to John Campbell Henry, John C...

Property Highlights

Building Info

Overview

    General

  • Year Built: 1899
  • Building Count: 1
  • Floor Count: 4
  • Total Unit Count: 1
  • Residential Unit Count: 1
  • Basement Type: 1

    Dimensions

  • Lot Area Sqft: 1,080
  • Lot Size Depth Feet: 60
  • Lot Size Frontage Feet: 18
  • Building Depth: 44
  • Building Frontage: 18
  • Gross Building Area: 4,122

    Building Floor Area

  • Residential Building Floor Area: 3,276

    Floor Area Ratio

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

Building

  • Building Type: A4
  • Lot Type: 5
  • Land Use: 01
  • Irregular Lot Code: Y
  • Proximity Code: 3
  • Extension Code: N

Neighborhood

  • Community District: 108
  • City Council District: 5
  • Police Precinct: 19
  • Fire Company: L013
  • Health Area: 3800
  • 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: 1583
  • Lot: 131
  • Borough Block Lot: 1015830131

    Address

  • Full Address: 550 East 87 Street
  • Zip Code: 10128

Valuation

    Assessments Valuation

  • Assessed Total Value: $399,540
  • Assessed Land Value: $198,180

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
6 Beds
4 Baths
4,800 ft²
$1,563/ft²
$7,500,000 Mar 12, 2020
$7,500,000 Jul 11, 2022
-
Condo
5 Beds
5.5 Baths
5,300 ft²
$1,472/ft²
$7,800,000 Sep 19, 2022
$7,800,000 Feb 15, 2023
$14,108/mo
Co-op
5 Beds
5.5 Baths
4,500 ft²
$1,467/ft²
$6,600,000 Sep 10, 2021
$6,600,000 Jun 27, 2022
$9,555/mo
Condo
5 Beds
5 Baths
3,605 ft²
$2,233/ft²
$8,050,000 Feb 1, 2016
$8,050,000 Jul 20, 2017
$7,583/mo
Co-op
6 Beds
4.5 Baths
-
$8,250,000 Feb 12, 2016
$8,250,000 Feb 24, 2017
$8,538/mo
Co-op
4 Beds
4.5 Baths
4,100 ft²
$1,841/ft²
$7,550,000 Apr 5, 2017
$7,550,000 May 17, 2018
$7,739/mo
Co-op
5 Beds
5.5 Baths
4,750 ft²
$1,463/ft²
$6,950,000 Nov 15, 2022
-
$13,647/mo
Townhouse
5 Beds
5.5 Baths
5,000 ft²
$1,399/ft²
$6,995,000 Mar 5, 2018
-
-
Condo
5 Beds
4.5 Baths
3,564 ft²
$2,370/ft²
$8,446,000 Oct 14, 2022
-
$4,706/mo
Condo
5 Beds
5.5 Baths
3,387 ft²
$2,288/ft²
$7,750,000 Jan 9, 2023
-
$4,640/mo
Condo
5 Beds
4 Baths
3,564 ft²
$1,992/ft²
$7,100,000 Jun 9, 2021
-
$4,251/mo
Condo
5 Beds
5.5 Baths
3,501 ft²
$2,642/ft²
$9,250,000 Jun 22, 2022
-
$10,743/mo

About Upper Manhattan


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Frequently Asked Questions

When was property at 550 East 87th Street built and last sold?
The property at 550 East 87th Street was built in 1899 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 550 East 87th Street is $8,181,000.
What are some comparable homes to 550 East 87th Street?
There are currently no comparable homes to 550 East 87th Street.

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