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Renovated Townhouse Near Central Park
For Sale
$6,350,000

120 W 87TH St, New York, NY 10024

Renovated 7-bedroom townhouse near Central Park with income potential.

Property Size4,950 SF
Days on Market107

Property Features for 120 W 87TH St

General Information

Standard status Active
Size 4,950 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $34,536

Building Details

Building Size 4,950 SF
Year Built 1901
Listing Agency: Serhant
Listed By: Chase Landow
Source: Elliman
Added: May 15 Changed: Aug 13 Last Checked: Aug 26 at 10:36AM

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.

This renovated two-family townhouse, located less than two blocks from Central Park, features 7 bedrooms and 3.5 bathrooms. It can be used as a spacious single-family residence or maintained as a two-family property with income potential. The property is currently occupied by a tenant through April 2026, generating rental income. The townhouse blends contemporary convenience and classic charm, showcasing a preserved brownstone and redbrick facade, hardwood floors, high ceilings with crown molding, classic sash windows, chic built-ins, and a private backyard patio. Details include marble fireplaces and hand-laid floor tiles. Modern upgrades feature a new central air system, renovated bathrooms, and a smart home system. Configured as two private units with separate entrances, it can function as a single-family townhouse via an existing interior staircase. The upper triplex has five bedrooms, three bathrooms, and patio access. The parlor floor includes an entry hall with wainscoting and a chandelier, an eat-in kitchen with granite countertops, stone tile backsplashes, custom glass-fronted cabinetry, high-end appliances, and a breakfast nook with built-in banquette seating, formal living and dining rooms. The primary bedroom on the third floor has reach-in closets and a Jack-and-Jill bathroom that leads to a second bedroom, double sinks, a walk-in shower, and a soaking tub. The fourth floor houses three bedrooms, a laundry room, and a full bathroom with a step-in shower and separate soaking tub. The garden level includes two bedrooms, one bathroom, a living and dining area, a full bath with a vanity and brass fixtures, and a kitchen equipped with marble countertops, white cabinetry, a pass-through, and stainless steel appliances. Situated in the Upper West Side, it is near restaurants, bars, cafes, and shops that line Columbus and Amsterdam Avenues, between Riverside and Central Parks, close to the American Museum of Natural History and the Jacqueline Kennedy Onassis Reservoir. Nearby subway lines include the 1/B/C. The bike score is 75, the walk score is 98, and the transit score is 100.

Key Highlights

  • Prime Location: Less than two blocks from Central Park with excellent walk, bike, and transit scores.
  • Income Potential: Tenant in place through April 2026, generating rental income.
  • Flexible Layout: Can be used as a spacious single‑family or maintained as a two‑family property.

Property Analytics

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 Hair Salon Auto Repair Shop Nail Salon Big Box & Wholesale Store Barber Shop

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 10024, NY

62,250
Population
36,723
Households
1.7
Avg Household Size
43
Median Age
84%
College-Educated
97%
High-School Grad
0.9 sq mi
ZIP Area
69,167
Density / Sq Mi
$182,614
Median Household Income
$117,078
Median Earnings
$2,965
Median Rent
$1,746,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Renovated 7-bedroom townhouse near Central Park with income potential.
Where is this duplex located?
The property is located at 120 W 87TH St New York, NY.
What is the asking price?
The asking price for this property is $6,350,000.
What are key features of this property?
This property features: Prime Location: Less than two blocks from Central Park with excellent walk, bike, and transit scores.; Income Potential: Tenant in place through April 2026, generating rental income.; Flexible Layout: Can be used as a spacious single‑family or maintained as a two‑family property.
More about this property
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