Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
11 E 87TH Street #PHCDE

For Sale · Listing by Corcoran Group

11 E 87TH Street #PHCDE

Carnegie Hill, Manhattan

$3,350,000

Interested in this property?
Active For Sale Co-op

$3,350,000

$1,489 per sq ft

11 E 87TH Street #PHCDE

Carnegie Hill, Manhattan

MLS® #RLS20116478

RLS at REBNY

Listing by Corcoran Group

3
Bedrooms
3
Baths
2,250
Sq. Ft.
1954
Year Built

Quick Summary

Bedrooms 3
Bathrooms 3
Living Area 2,250 sq ft
Year Built 1954
Ownership Co-op
Maintenance $6,855/mo
Parking Garage
Neighborhood Carnegie Hill
Floor 12 of 12

Property Highlights

  • Views: City, Park Greenbelt
  • Exposure: East,South,West facing
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 8
Baths 3 Full
Floor 12 of 12
View City, Park Greenbelt
Exposure East,South,West
Cooling Other
Pets SizeLimit, Yes
Year Built 1954
Living Area 2,250 sq ft
Parking Garage Available
Structure Type HighRise
Basement Other
Block/Lot 01499/0010

Listing History

Event Date Price Change
Listed Sep 21, 2026 $3,350,000 -
Currently Sep 22, 2026 $3,350,000 -

Description

A Home to Love in the Heart of Carnegie Hill Welcome to PHCDE at 11 East 87th Street, a wonderfully expansive three- or four-bedroom, three-full-bath residence offering grand proportions, beautiful light, and a truly sublime location just off Fifth Avenue. The moment you arrive, it is easy to understand why this home feels so special. With Central Park, Madison Avenue, Museum Mile, and some of Manhattan's finest shopping and dining just outside your door, the setting is extraordinary-but the apartment itself is the real surprise. A gracious entry foyer welcomes you with a generous walk-in closet and inviting seating area. From here, the home unfolds beautifully into an impressive south-facing living room, filled with natural light and enhanced by a coveted corner exposure with views toward Madison Avenue. The entertaining spaces flow effortlessly from one room to the next, leading to an elegant dining room comfortably sized for a table of ten and memorable dinners. Adjacent to the dining room, a custom butler's pantry adds both style and practicality, with generous counter space for entertaining and abundant storage for serving pieces. The pantry leads directly into a spectacular, oversized windowed chef's kitchen, complete with a full suite of top of the line appliances, plentiful cabinetry, and a charming breakfast area with a dedicated home-office area. A beautifully renovated full bath, finished with mosaic tile and a glass-enclosed shower, is conveniently located just beyond the kitchen. Tucked between the kitchen and dining room, a delightful corner den with a southeast exposure offers wonderful flexibility-as a cozy television room, study, library, or fourth bedroom. The private bedroom wing is thoughtfully separated from the entertaining spaces, creating a peaceful retreat. Bathed in southern light, the hallway features custom built-in bookshelves, two oversized double closets, and a full bath shared by the secondary bedrooms. The first bedroom enjoys a bright western corner exposure and lovely views toward Central Park, with ample room for furnishings and a beautifully outfitted double closet. The second bedroom is equally bright, with its own corner exposure, fitted double closet and wonderful park views.... And then there is the primary suite- a true sanctuary! At nearly 600 square feet, it is exceptionally generous in scale and wonderfully private. A dedicated dressing area leads to 2 large walk-in closets, while the renovated primary bath adds a touch of luxury. The king-sized sleeping chamber is complemented by a custom, windowed home office that makes working from home feel decidedly more inspiring. More than simply a large bedroom, this is a private retreat designed for relaxing, recharging, and enjoying the pleasures of home. With its extraordinary scale, beautiful light, flexible layout, and unbeatable Carnegie Hill location, PHCDE is a home that combines gracious living with the ease and energy of Manhattan at its very best. Set on one of Carnegie Hill's most desirable tree-lined blocks, 11 East 87th Street offers the rare combination of tranquility, elegance, and extraordinary access. This handsome 12-story cooperative is just half a block from Central Park and Museum Mile, placing the Metropolitan Museum of Art, the Guggenheim, and the city's finest cultural institutions virtually at your doorstep. The neighborhood is equally compelling for everyday living, with the boutiques and restaurants of Madison Avenue, Fifth Avenue shopping, charming cafés, gourmet markets, and some of the Upper East Side's most celebrated dining all within an easy stroll. With a full-time doorman, live-in superintendent, private garden, garage, and laundry facilities, 11 East 87th Street combines the gracious character of Carnegie Hill with the convenience and service expected of a premier Manhattan residence. Pied-à-terre ownership is permitted, pets are welcome with board approval, financing of up to 50% is allowed, there is a 2% flip tax and an ongoing assessment of $216/mo.

Features & Amenities

Interior Features

Building Other

Exterior Features

Building Courtyard

Building Amenities

Bike Storage Elevators

Appliances

Dishwasher

Building Information

Building Data View Compliance & Permits
Total Units 85
Stories 12
Structure HighRise

Financial Details

Maintenance $6,855/mo

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

93

Median Asking Price

$2.25M

Median $/Sqft

$1,643

Avg Days on Market

N/A

New This Week

8

Price Reduced

31%

Sold (30 Days)

12

Median Sale Price

$2.00M

Live data from RLS at REBNY • Updated 9/22/26, 6:46 AM EST

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Location

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11 E 87TH Street #PHCDE, Carnegie Hill, New York County

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
R2
Zoning District
One Family Dwellings

Tax & Assessment

Assessed Value: $117,060
Land Value: $29,760
Exemptions: $0

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

Lot Area: 4,000 SF
Building Area: 2,283 SF
Built FAR: 0.57
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 monthly maintenance are $6,855 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 3 bedrooms and 3 full bathrooms.

The listed interior living area is 2,250 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1954, making it approximately 72 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: 40 lbs.,Building Pets Allowed Comments:40 lbs.. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $3,350,000 for 2,250 sq ft, the asking price per square foot is approximately $1,489. 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: RLS20116478
First Listed: 9/21/2026
On Market: 9/21/2026
Price Changed: 9/21/2026
Contract Date: 9/21/2026

Listing Courtesy of Corcoran Group - Scott Stewart

Listing Contact: (917) 806-4068

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 9/22/2026 at 10:46 AM UTC

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Carnegie Hill Market Update

12 sales last 30 days · $2.25M median · 7.8 months supply

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Quick Facts

Status Active Type Co-op Neighborhood Carnegie Hill Borough Manhattan
County New York
Floor 12 of 12
Year Built 1954
First Listed 9/21/2026
Parking Garage
Living Area 2,250 sqft
Maintenance $6,855/mo

Monthly Costs Estimate

Down Payment 20%

$670,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $6,855
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 $3M to $4,999,999 at 1.50%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$50,250

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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