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Residential Income Property with Mezzanine
For Sale
$5,500,000

120 E 87TH Street P16AG, Manhattan, NY 10128

A 2,446-square-foot residence pairs a full gut renovation with custom storage and a dedicated laundry room.

Property Size2,446 SF
Price / SF$2,248
Days on Market11

Property Features for 120 E 87TH Street P16AG

General Information

Standard status Active
Size 2,446 SF
Property subtype Apartment

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $59,988

Amenities

motorized shades
radiant heated floors
heated towel racks
custom LEICHT kitchen
Miele and Sub-Zero appliances
integrated sound system
private storage unit
hardwood flooring
laundry room

Building Details

Building Size 2,446 SF
Year Built 1972
Listing Agency: Serhant
Listed By: Justin David Neissani · License #10401273216 (NY)
Source: Howardhannanyc
Added: Oct 21 Changed: Oct 30 Last Checked: Oct 30 at 2:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Serhant

Rey
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Investment Insights

Based on property information with market context.

This 2,446-square-foot residence in a 1972 building underwent a complete gut renovation. The home has high ceilings, south-facing exposure, hardwood floors, and radiant heat in the primary suite. A custom mezzanine in the smallest bedroom adds usable space, while a separate laundry room and custom storage address everyday needs. The kitchen features German-designed LEICHT cabinetry and Miele and Sub-Zero appliances. Other finishes include heated towel racks in every bathroom, motorized shades with bedroom blackout capability, and an integrated sound system with three independently zoned areas. A private storage unit is included.

Located at 120 E 87th Street in Manhattan, the property also has electricity included in the common charge figures.

Key Highlights

  • 2,446‑square‑foot residence in a 1972 building
  • Complete gut renovation
  • South‑facing exposure and high ceilings

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

11,123
Businesses Nearby

Demographics for 10128, NY

64,249
Population
35,940
Households
1.8
Avg Household Size
38
Median Age
77%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
128,498
Density / Sq Mi
$148,705
Median Household Income
$103,078
Median Earnings
$2,648
Median Rent
$1,295,600
Median Home Value

Frequently Asked Questions

What type of property is this?
Residential income property - A 2,446-square-foot residence pairs a full gut renovation with custom storage and a dedicated laundry room.
Where is this residential income property located?
The property is located at 120 E 87TH Street P16AG Manhattan, NY.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 2,446‑square‑foot residence in a 1972 building; Complete gut renovation; South‑facing exposure and high ceilings
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