$1,950,000 $2,300,000
Updated 8 hours ago
59 Views

The Parc

55 East 87th Street, 5-FG

Carnegie Hill, Manhattan | Madison Ave & Park Ave

7 Rooms3 Beds3 BathsCo-op

$1,950,000 $2,300,000
Maintenance$4,311

Listing Features

  • Entry Foyer
  • Library / Den
  • Separate Dining Area
  • Split Bedrooms
  • Sunken Living Room
  • Walk-in Closet
  • Dishwasher
  • S Steel Appliances
  • En Suite Bathroom
  • Soaking Tub

Outdoor space and views

  • City Views
  • South Exposure

Building Amenities

  • Full Service
  • Bike Storage
  • Elevator
  • Garage
  • Laundry Room
  • Renovated Lobby
  • Storage

Policies


Property Description for 55 East 87th Street, 5-FG

SIGNIFICANT PRICE REDUCTION -- OPPORTUNITY KNOCKS FOR PRIME CARNEGIE HILL LOCATION ON SUPERIOR BLOCK!

STRICTLY BY APPOINTMENT OPEN HOUSES

Offered for the first time since the 1960s, this spacious Upper East Side, full service, 2 Bedroom (could be 3 or 4 bedroom), 3 Bathroom apartment in post-war coop features a wonderful sprawling layout, with all South facing rooms over 87th Street; a combined, opened and expansive living room/dining area, separate breakfast area and den, with laundry room, manifold closets, large rooms, and charm throughout.

Incredible opportunity for the savvy and value-driven buyer to create a large aerie masterpiece- bring your architect!

The Parc is an elegant full-service cooperative with live-in super and onsite building manager, an on-site garage with direct access into the building, laundry room, bike storage, and a communal garden that runs the full length of the building. 65% financing, co-purchasing, guarantors, and pets are permitted.

Assessment of $275 through 2024 for capital improvements.

Please note the possible alternative floor plan, virtually rendered photos, and virtual tour are the lead images with existing plan and existing photos following.


Listing History for 55 East 87th Street, 5-FG

Now
04/16/2024
$1,950,000 [-$350,000] [15.2%]
Price Drop by Genevieve Sonsino
Douglas Elliman
02/07/2024
$2,300,000
Initial Price by Genevieve Sonsino
Douglas Elliman

Building Details for 55 East 87th Street

OwnershipCo-op
Building TypeMid-Rise
Service LevelFull Service
AgePost-War
AccessElevator
Year Built1963
Financing Allowed65%
Floors/Apts14/128
Learn More About the Building

Transit and Citi Bike

Subway

86 St
0.18 miles
86 St
0.41 miles
96 St
0.46 miles

Citi Bike

E 88 St & Park Ave
0.1 miles
5 Ave & E 87 St
0.12 miles

Building Availability

APPSF
Median
Average
$1,045
$1,425,000
$1,351,333
Last 12 months
-
-
-
Last 12 months
-
-
-

Three Beds in Carnegie Hill

APPSF
Median
Average
$1,912
$2,625,000
$3,161,750
$1,435
$3,287,500
$4,060,500

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: 2076542