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Residential Income Property with Bonus Space
New
For Sale
$2,250,000

120 E 87TH Street R14F, New York City, NY 10128

Two-bedroom residence with elevated ceilings, custom finishes, and extensive building amenities in Carnegie Hill.

Property Size1,000 SF
Days on Market7

Property Features for 120 E 87TH Street R14F

General Information

Standard status Active
Size 1,000 SF
Property subtype Duplex

Building Details

Building Size 1,000 SF
Year Built 1972
Listing Agency: Serhant
Listed By: Celeste la Perla Pandhi
Source: Serhant
Added: Sep 10 Changed: Sep 15 Last Checked: Sep 15 at 11:10AM

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

Investment Insights

Based on property information with market context.

Residence 14F at Park Avenue Court offers a two-bedroom, two-bath layout with 14-foot ceilings, south-facing windows, white oak floors, recessed lighting, and soundproof glazing. The kitchen includes blue agate quartz, floor-to-ceiling cabinetry, Caesarstone counters, Bosch stainless steel appliances, a five-burner gas range, and a deep sink. The primary suite has a walk-in closet and en-suite bath with a soaking tub and shower, while the second bedroom includes built-ins. A washer/dryer is located in the bathroom.

An upper-level bonus area of approximately 400 square feet adds flexible space and hidden storage; it is not included in the stated 1,000 square feet. Park Avenue Court is a 17-story condominium originally built in 1972 and converted to residences in 1989, with 219 homes. Building amenities include a full-time doorman, concierge, courtyard, indoor pool, gym, yoga room, children's playroom, bicycle room, basement storage, and garage access pending availability.

The property is located at 120 E 87TH Street in New York City’s Carnegie Hill area. The Central Park Reservoir, Guggenheim, and The Met are 2 1/2 blocks away, and Whole Foods is 1 block east.

Key Highlights

  • Two‑bedroom, two‑bath residence with 14‑foot ceilings
  • Approximately 400‑square‑foot upper‑level bonus area, excluded from the stated square footage
  • Custom kitchen with Bosch appliances, five‑burner gas range, and blue agate quartz backsplash

Property Analytics

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Current Use

ideation productions Film Production Park Avenue Court ... Condominium Complex Fine Cleaners (Bike/Boat/Book/etc) Store Yadgar Rahimi Electronics & Wireless Store Courtney Daniels Consulting Advertising Agency

Suggested Use

Top Pick Law Firm Real Estate Agency Auto Repair Shop Accounting Firm Barber Shop Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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
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Frequently Asked Questions

What type of property is this?
Residential income property - Two-bedroom residence with elevated ceilings, custom finishes, and extensive building amenities in Carnegie Hill.
Where is this residential income property located?
The property is located at 120 E 87TH Street R14F New York City, NY.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath residence with 14‑foot ceilings; Approximately 400‑square‑foot upper‑level bonus area, excluded from the stated square footage; Custom kitchen with Bosch appliances, five‑burner gas range, and blue agate quartz backsplash
More about this property
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