Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $650,000

· Closed August 7, 2018

245 E 87th Street #16-D
Closed For Sale Co-op

$650,000

$897 per sq ft

245 E 87th Street #16-D

Upper East Side, Manhattan

MLS® #RLS10071154

RLS at REBNY

Listing by David Francis New York

1

Bedroom

1

Bath

725

Sq. Ft.

1964

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 725 sq ft
Year Built 1964
Ownership Co-op
Maintenance $1,856/mo
Parking Garage
Neighborhood Upper East Side
Floor 16 of 21

Property Highlights

  • Exposure: East facing
  • Outdoor Space: Balcony
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 16 of 21
Exposure East
Pets Yes
Cross Street Third Avenue/Second Avenue
Year Built 1964
Living Area 725 sq ft
Parking Garage Available
Block/Lot 1533/22

Listing History

Event Date Price Change
Listed Feb 1, 2018 $650,000 -
Price Reduced Aug 7, 2018 $680,000 +4.6%

Description

Large Rarely available large approx 800 sf 1 bedroom with terrace in doorman building... Washer dryer and pets allowed. New AC units in apartment.
Co-purchasing and guarantors are allowed. Can install a washer/dryer

Rarely available large king-size bed fitting bedroom with walk-in closet. Awesome views. Washer dryer allowed to be installed with board approval. Pets allowed. The building has a garage, laundry in the basement and a beautiful roof deck. Conveniently located near public transportation, great retail, restaurants and grocery stores. The Mayflower is an ideal place to live, with its prime location near Carl Schurz & Central Parks, with its proximity to the 86th Street express subway and to the new 2nd Avenue subway stop a block away which takes you to Columbus Circle and Times Sq, and yes Coney Island the new Long Beach. And to Fairway Market, Whole Foods and rumor has it, Trader Joes. Building is in great financial shape and its been converted from oil to gas and has a new boiler, AC system and new elevators, renovated lobby. NO ASSESSMENTS!

55% Tax ded.

Building buys utilities in bulk so the monthly cost for unlimited electric, gas, AC, heat is 178.00

With a little bit of work, this apartment can look like 17C that was sold in this building a few months back for over 750k. Look at 17C in past sales.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area New Windows

Exterior Features

Building Courtyard Balcony Building Roof Deck Balcony

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Maintenance $1,856/mo
Sale Price $650,000
Previous Price $680,000

The Upper East Side remains the gold standard for classic New York elegance. Known for 'Museum Mile' and its low-traffic, tree-lined streets, the neighborhood offers a refined lifestyle away from the midtown bustle. While famous for its historic cooperatives, the area has seen a recent surge in ultra-luxury new construction condos, particularly along the Second Avenue Subway corridor, making it a top choice for both traditionalists and modern buyers.

Upper East Side Live Market Data

View Neighborhood

Active Listings

332

Median Asking Price

$1.75M

Median $/Sqft

$1,509

Avg Days on Market

N/A

New This Week

12

Price Reduced

28%

Sold (30 Days)

38

Median Sale Price

$1.56M

Live data from RLS at REBNY • Updated 5/6/26, 6:36 AM EST

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Location

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245 E 87th Street #16-D, Upper East Side, New York County • Near Third Avenue/Second Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1966
Year Built
60 years old
20
Floors
118
Residential Units
C2-8
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $17,110,350
Land Value: $2,331,000
Exemptions: $275,078

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 12,175 SF
Building Area: 148,747 SF
Built FAR: 12.22
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,856 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 725 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1964, making it approximately 62 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $650,000 for 725 sq ft, the asking price per square foot is approximately $897. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10071154
First Listed: 2/1/2018
Price Changed: 8/7/2018
Closed: 8/7/2018
Contract Date: 1/26/2018

Listing Courtesy of David Francis New York - David Calderazzo

Listing Contact: (212) 828-0492

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/6/2026 at 10:36 AM UTC

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