Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
120 E 87TH Street #P16AG

For Sale · Listing by Serhant

120 E 87TH Street #P16AG

Carnegie Hill, Manhattan

$5,500,000

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Active For Sale • Condo

$5,500,000

$2,249 per sq ft

120 E 87TH Street #P16AG

Carnegie Hill, Manhattan

Park Avenue Court

MLS® #RLS20117813

RLS at REBNY

Listing by Serhant

3
Bedrooms
3.5
Baths
2,446
Sq. Ft.
1972
Year Built

Quick Summary

Bedrooms 3
Bathrooms 4 full, 1 half
Living Area 2,446 sq ft
Year Built 1972
Ownership Condo
HOA/Common Charges $4,346/mo
Property Taxes Contact for details
Parking Garage
Neighborhood Carnegie Hill
Floor 16 of 24

Property Highlights

  • Views: City
  • Exposure: North,South facing
  • Climate Control: Other

Property Details

Type Condo
Ownership Condominium
Total Rooms 7
Baths 3 Full, 1 Half
Floor 16 of 24
View City
Exposure North,South
Cooling Other
Pets Yes
Year Built 1972
Living Area 2,446 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Block/Lot 01515/1235

Listing History

Event Date Price Change
Listed Oct 21, 2026 $5,500,000 -
Currently Oct 29, 2026 $5,500,000 -

Recent Sales in This Building

What other apartments here closed for in the last three years, as reported to the REBNY Listing Service (RLS).

Closed Unit Beds Sold For Per Sq Ft
Oct 7, 2026 Unit R6E 1 BR $1,180,000 $1,523
Aug 5, 2026 Unit R14-J Studio $665,000 $1,371
May 14, 2025 Unit R20J Studio $665,000 $1,267
See every sale in this building

Description

Electricity included in the common charge figures European Sensibility, Reimagined. Thirteen years ago, this residence was reborn - a complete gut renovation guided by the vision of a European architect who saw an opportunity to honor the building's industrial soul while elevating it into a refined, continental home. The result is a rare synthesis: raw architectural character softened by sophisticated European living. Volume & Light Soaring ceilings define the apartment's character, lending every room an extraordinary sense of openness rarely found in city living. South-facing exposure bathes the interiors in natural light from morning to evening, while motorized shades - with full blackout capability in each bedroom - offer effortless control over the home's atmosphere at any hour. Thoughtful Living, no detail was overlooked in the pursuit of seamless functionality. A dedicated laundry room, separate from the kitchen, and an array of custom-designed storage solutions ensure the home is as practical as it is beautiful - form and function in perfect balance. The apartment's generous ceiling heights are used to full advantage: a custom-built mezzanine in the smallest bedroom adds valuable living and storage space, complemented by two additional custom storage areas that make elegant use of the home's vertical volume. Craftsmanship & Finishes Hardwood flooring throughoutRadiant heated floors in the primary suiteHeated towel racks in every bathroomCustom German-designed LEICHT kitchenPremium Miele and Sub-Zero appliancesIntegrated sound system with three independently zoned areasMotorized shades throughout, with blackout shades in all bedroomsA Home, Fully Realized Every element of this renovation was considered in service of one vision: a residence where European design sensibility, everyday luxury, and effortless functionality exist in harmony. The offering is completed by a private storage unit, extending the home's exceptional practicality beyond its walls.

Features & Amenities

Interior Features

High Ceilings Storage Walk In Closets Building Other Washer Hookup In Unit

Exterior Features

Building Courtyard Building Roof Deck

Building Amenities

Bike Storage Common Playroom Concierge Indoor Pool

Appliances

Dishwasher

Building Information

Financial Details

Common Charges $4,346/mo
RE Taxes Contact for details

Carnegie Hill is a low-traffic residential section of the Upper East Side defined by proximity to Central Park and Museum Mile. The area features low-rise historic architecture and large pre-war cooperatives, with landmarked blocks and boutique retail along Madison Avenue.

Carnegie Hill Live Market Data

View Neighborhood

Active Listings

106

Median Asking Price

$2.07M

Median $/Sqft

$1,559

Avg Days on Market

N/A

New This Week

2

Price Reduced

31%

Sold (30 Days)

15

Median Sale Price

$2.30M

Live data from RLS at REBNY • Updated 10/29/26, 3:07 PM EST

Similar Listings in Carnegie Hill

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Location

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120 E 87TH Street #P16AG, Carnegie Hill, New York County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1925
Year Built
101 years old
2
Floors
1
Residential Units
R3-1
Zoning District
One Family Dwellings

Tax & Assessment

Assessed Value: $79,020
Land Value: $18,600
Exemptions: $0

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

Lot Area: 2,500 SF
Building Area: 1,622 SF
Built FAR: 0.65
Allowed FAR: 0.75

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 common charges are $4,346 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 3 bedrooms and 3 full bathrooms and 1 half bathroom.

The listed interior living area is 2,446 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1972, making it approximately 54 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $5,500,000 for 2,446 sq ft, the asking price per square foot is approximately $2,249. 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: RLS20117813
First Listed: 9/28/2026
On Market: 10/21/2026
Contract Date: 9/28/2026

Listing Courtesy of Serhant - Justin David Neissani

Listing Contact: (212) 355-3550

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.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 10/29/2026 at 7:07 PM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Carnegie Hill Market Update

15 sales last 30 days · $2.07M median · 7.1 months supply

Read Full Report

New listings in this building

Quick Facts

Status Active Type Condo Neighborhood Carnegie Hill Borough Manhattan
County New York
Floor 16 of 24
Year Built 1972
First Listed 9/28/2026
Parking Garage
Living Area 2,446 sqft
Common Charges $4,346/mo

Monthly Costs Estimate

Down Payment 20%

$1,100,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $4,346
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $5M to $9,999,999 at 2.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$123,750

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.

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