$577,000
Updated 11 years ago
Sold

12 East 87th Street, 3-A

Carnegie Hill, Manhattan | Fifth Ave & Madison Ave

4.5 Rooms2 Beds1 Bath1,400 Square FeetCo-op

$577,000
Maintenance$2,710
Price Per SF
$412

This property was sold for $577,000 on 02/18/16.

Listing Features

  • Corner Apartment
  • Entry Foyer
  • High Ceilings [9']
  • Original Details
  • Separate Dining Area
  • WBFP
  • Dishwasher
  • Windowed Kitchen

Outdoor space and views

  • North Exposure
  • South Exposure

Building Amenities

  • Part-Time Doorman
  • Elevator
  • Roof Deck
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 12 East 87th Street, 3-A

INVESTORS ONLY. COOP STOCK AND LEASE SALE. CASH ONLY. This is an extraordinary opportunity for future use. Current rent is $1600 per month. Current market value $1.8M. Property is approximately 1400 SF. Apartment is being sold occupied. Located just off of Fifth Avenue, the grandly proportioned apartment has original features including a wood burning fireplace, lead light windows and high ceilings (approx. 9'9"). The building is an architecturally significant 1912 building with a magnificent glazed terracotta front and renovated lobby. Designed by George and Edward Blum, the building combines Beaux-Arts traditions with Art Nouveau and Arts & Craft touches. The beautifully maintained building has a live-in super and part-time doorman. 12 East 87th Street has been a coop since 1985 and is 100% owned. The apartment will need full renovation. Cooperative requirements. Please refer to the floor plan and other sold listings in the building to get a sense of details, room proportions and architecture.

Listing History for 12 East 87th Street, 3-A

Now
02/18/2016
$577,000
Sold and Closed by Joy A. Weiner
Corcoran
2016

Building Details for 12 East 87th Street

OwnershipCo-op
Building TypeLow-Rise
Service LevelPart-Time Doorman
AgePre-War
AccessElevator
Year Built1910
Financing Allowed65%
Floors/Apts9/31
Learn More About the Building

Transit and Citi Bike

Subway

86 St
0.26 miles
86 St
0.49 miles

Citi Bike

5 Ave & E 87 St
0.04 miles
E 88 St & Park Ave
0.19 miles

Contact Agent

Contact Agent

Joy Weiner
Corcoran

Carnegie Hill | Manhattan

Quick Profile

Carnegie Hill is a small neighborhood at the northern tip of the Upper East Side that borders Central Park. It is steeped in history, great wealth, architecture and culture. It is known for its world-class museums and its rows of historic mansions. Nothing much changes here as the entire area is landmarked, preventing the proliferation of high-rise developments. Thus the buildings stay a human scale, the sky is aplenty and the neighborhood kind of feels like a small town to its long time residents.

The name Carnegie Hill is derived from the industrial magnate Andrew Carnegie, when Carnegie decided to build himself a mansion at 91st Street and Fifth Avenue….

Carnegie Hill is a family neighborhood with old fashioned upper crust money. The mid-rise co-ops that line the avenues are among the most prestigious addresses in the city. The avenues are lined with small restaurants, boutique shops

The residential towers that have proliferated on the eastside of Third Avenue in the East 90s simply do not exist between Lexington and Fifth.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 169431