Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
502 E 87TH Street

For Sale · Listing by Leslie J Garfield & Co Inc

502 E 87TH Street

Yorkville, Manhattan

$5,850,000

Interested in this property?

$5,850,000

$1,806 per sq ft

502 E 87TH Street

Yorkville, Manhattan

MLS® #RLS20114994

RLS at REBNY

Listing by Leslie J Garfield & Co Inc

4
Bedrooms
3.5
Baths
3,240
Sq. Ft.
1899
Year Built

Quick Summary

Bedrooms 4
Bathrooms 4 full, 1 half
Living Area 3,240 sq ft
Lot Size 1,812.06 sq ft
Year Built 1899
Ownership None
Property Taxes $42,600/yr
Neighborhood Yorkville
Floor 1 of 1

Property Highlights

  • Views: Other
  • Fireplace: 1 fireplace
  • Climate Control: Central Air

Property Details

Type Single Family Residence
Ownership None
Total Rooms 8
Baths 3 Full, 1 Half
Floor 1 of 1
View Other
Cooling Central Air
Pets Yes
Year Built 1899
Living Area 3,240 sq ft
Structure Type Townhouse
Basement Other
Lot Size 1,812.06 sq ft
Parcel # 1583-0049
Block/Lot 01583/0049

Listing History

Event Date Price Change
Listed Sep 14, 2026 $5,850,000 -
Currently Sep 15, 2026 $5,850,000 -

Description

502 East 87th Street Elegant Upper East Side Townhouse with a 55-Foot South-Facing Garden An exceptional 18-foot-wide single-family residence, 502 East 87th Street seamlessly blends timeless architectural character with modern comfort and functionality. Impeccably maintained by its current owners, this gracious Upper East Side townhouse retains its classic proportions, soaring ceilings, oversized windows, and distinctive original details across four floors plus a full basement. At the heart of the residence is a generously proportioned formal living room that flows effortlessly into a rear library or sitting room overlooking the garden. Large windows fill the space with natural light, while a marble wood-burning fireplace provides an inviting focal point. Custom built-in shelving adds both architectural character and practical storage. The garden level is designed for relaxed everyday living and effortless entertaining. At the rear, a spacious open kitchen features a Wolf 36-inch dual-fuel range and Sub-Zero 36-inch refrigerator, with French doors opening directly onto an extraordinary 55-foot, south-facing garden-a rare and wonderfully private outdoor retreat in Manhattan. Abundant storage and a convenient powder room enhance the functionality of the level, while a charming dining room at the front provides an intimate setting for meals and gatherings. The upper floors comprise four bedrooms and three full bathrooms. The primary suite occupies the rear of the third floor and offers generous closet space and a large en-suite bathroom with a soaking tub. A charming second bedroom at the front of the floor, currently well suited as a home office, enjoys its own en-suite bathroom. The top floor features two additional bedrooms, a full bathroom, excellent natural light, a washer and dryer, and an oversized landing with direct stair access to the roof. The formal staircase continues upward, offering the potential to create a private roof deck. Additional highlights include central air conditioning, extensive storage throughout, a large open cellar, and additional air rights for potential development. Ideally located on a quiet, tree-lined Upper East Side block, the residence is moments from Carl Schurz Park, the East River Promenade, Asphalt Green, and Gracie Mansion. With its rare width, gracious interiors, original architectural character, thoughtful modern updates, and expansive south-facing garden, 502 East 87th Street offers an exceptional opportunity to enjoy elegant and private townhouse living in one of Manhattan's most desirable neighborhoods.

Features & Amenities

Interior Features

High Ceilings Smoke Free In Unit Fireplace (1)

Exterior Features

Garden Private Outdoor Space Over60 Sqft

Building Amenities

Green Building

Appliances

Dishwasher

Building Information

Building Data View Compliance & Permits
Total Units 1
Stories 1
Structure Townhouse

Financial Details

RE Taxes $42,600/yr ($3,550/mo)

Yorkville is an accessible section of the Upper East Side that has seen a surge in popularity since the Second Avenue Subway (Q train) opened in 2017. Carl Schurz Park and Gracie Mansion anchor the waterfront edge, with housing options ranging from spacious 3-bedroom cooperatives to modern amenity-rich condominiums.

Yorkville Live Market Data

View Neighborhood

Active Listings

168

Median Asking Price

$1.26M

Median $/Sqft

$1,312

Avg Days on Market

N/A

New This Week

21

Price Reduced

35%

Sold (30 Days)

29

Median Sale Price

$1.08M

Live data from RLS at REBNY • Updated 9/14/26, 10:03 PM EST

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Location

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502 E 87TH Street, Yorkville, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1899
Year Built
127 years old
3
Floors
1
Residential Units
R8B
Zoning District
One Family Dwellings

Tax & Assessment

Assessed Value: $311,520
Land Value: $145,260
Exemptions: $0

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

Lot Area: 1,812 SF
Building Area: 3,024 SF
Built FAR: 1.67
Allowed FAR: 4

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 annual property tax is $42,600, or roughly $3,550 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 3 full bathrooms and 1 half bathroom.

The listed interior living area is 3,240 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1899, making it approximately 127 years old.

This listing is None

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

At the current list price of $5,850,000 for 3,240 sq ft, the asking price per square foot is approximately $1,806. 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: RLS20114994
First Listed: 9/14/2026
On Market: 9/14/2026
Price Changed: 9/14/2026
Contract Date: 9/14/2026

Listing Courtesy of Leslie J Garfield & Co Inc - Lydia Rosengarten

Listing Contact: (212) 371-8200

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 9/15/2026 at 2:03 AM UTC

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Yorkville Market Update

29 sales last 30 days · $1.26M median · 5.8 months supply

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Quick Facts

Status Active Type Single Family Residence Neighborhood Yorkville Borough Manhattan
County New York
Floor 1 of 1
Year Built 1899
First Listed 9/14/2026
Living Area 3,240 sqft
Annual Tax $42,600

Monthly Costs Estimate

Down Payment 20%

$1,170,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $3,550
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

$131,625

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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