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Two-Bedroom Residential Income Property

220 E 87th Street 2EF, Manhattan, NY 10128

For Sale
New
$950,000

A combined two-apartment home offers separated bedrooms, an open kitchen, and generous built-in storage.

Property SizeContact for details
Days on Market6

Property Features for 220 E 87th Street 2EF

General Information

Standard status Active
Elevators Yes
Property subtype Apartment

Additional Details

Public Transit Yes
Multifamily Units 1

Amenities

laundry room
video intercom
canopied entrance

Building Details

Year Built 1960
Listing Agency: Compass
Listed By: Meg Walhimer · License NY #10401315406
Source: Howardhannanyc
Added: Nov 4 Changed: Nov 7 Last Checked: Nov 8 at 3:15PM

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 Compass

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Investment Insights

Based on property information with market context.

This two-bedroom, two-bathroom residence was formed by combining two apartments with full board approval. The layout includes a foyer, living and dining area, open kitchen, and bedrooms positioned on opposite sides of the home. Nine-foot ceilings, hardwood floors, built-in cabinetry, and windows with tree views are among its features. The kitchen has an eight-foot peninsula with breakfast-bar seating and built-in bookshelves, plus a BlueStar gas range, Viking microwave, Miele dishwasher, and stainless-steel refrigerator. The primary bedroom includes an en-suite bath, a walk-in closet, and two additional closets. The walk-in closet may accommodate an in-unit washer and dryer, subject to board approval.

The elevator cooperative has a laundry room, video intercom, and canopied entrance. Building policies allow financing up to 80%, permit cats, and allow subletting after three years of ownership. Storage units are available for an additional cost. The property is near Carl Schurz Park, shops and restaurants along 86th Street, and the 4/5/6 trains at Lexington Avenue and the Q train at Second Avenue.

Key Highlights

  • Two‑bedroom, two‑bathroom residence combining two apartments with full board approval
  • Nine‑foot ceilings and hardwood floors throughout
  • Eight‑foot kitchen peninsula with breakfast‑bar seating and built‑in bookshelves

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,753
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

Market

Average Price Trend$/SF for Residential income properties in Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - A combined two-apartment home offers separated bedrooms, an open kitchen, and generous built-in storage.
Where is this residential income property located?
The property is located at 220 E 87th Street 2EF Manhattan, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bathroom residence combining two apartments with full board approval; Nine‑foot ceilings and hardwood floors throughout; Eight‑foot kitchen peninsula with breakfast‑bar seating and built‑in bookshelves
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