431 E 87th St
New York, NY 10128 (Upper East Side)
Contact For Estimate

431 E 87th St
New York, NY 10128

(Upper East Side)
  • 5,091 sqft
  • 2,870 sqft lot size
  • Multi-Family
Off Market · Public Record
Contact For Estimate
431 E 87th St
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  • 1 Elementary School

    5 Middle Schools

    2 High Schools

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  • Lowest crime relative to the rest of New York county.

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  • 15% of residents commute by car.

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  • 817 Restaurants

    78 Grocery stores

    149 Nightlife

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Off Market · Public Record

Home Details

Overview
  • Multi-Family
  • Built in 1930
  • 2,870 sqft lot size
  • 5,091 sqft
Description

This property is no longer available to rent or buy. This description is from January 10, 2014
Looking for a lucrative investment opportunity on the Upper East Side? Look no further. This 11 unit rental building located in a prime location on a residential block is the ideal long term investment. 7 of the 11 rent stabilized units will be delivered vacant at closing. The rental units are comprised of 10 studios with functional layouts and one 3 bedroom 2 bath duplex with backyard which like 6 of the 10 studios is currently exempt from rent stabilization due to owner occupancy. The three story plus English basement building is 28.5 ft x 59 ft and sits on a 28.5 ft x 100.67 ft lot allowing for FAR left to built up and enjoy panoramic city views subject to DOB approval. Keep it as a rental investment or convert into condominiums. Current rent roll/expenses will be provided upon request prior to showings.

Price History
Date
Price
Event

07/11/2017
$6,000,000
Posting removed

07/05/2017
$6,000,000
Pending

04/08/2016
$5,000,000
Sold
Recording Date
04/08/2016
Contract Date
04/01/2016
Sale Price
$5,000,000
Price Type
Full amount stated on Document.
County Transfer Tax
N/A
Total Transfer Tax
N/A
Transaction Type
Insured Non-Residential Grant Deed
Document Type
N/A

03/10/2016
$6,000,000
Posting removed

08/07/2014
$6,000,000
Pending

08/06/2014
$6,000,000
Posting removed

07/11/2014
$6,000,000
Listed for sale

06/25/2014
$6,000,000
Posting removed

06/23/2014
$6,000,000
Listed for sale

05/12/2014
$6,000,000
Posting removed

05/09/2014
$6,000,000
Pending

Property Taxes and Assessment
Year
2016
Tax
$51,852.86
Assessments
$463,950
Land
$179,550
Improvements
$284,400
Total
$463,950
Market Value
N/A

Affordability
Additional Costs

Price Trends
Real Estate Trends
Average Listing Price for 10128
$4,267,404
Median Sale Price for 10128
$1,527,375
Average Sale price/sqft for 10128
$1,426/sqft
Comparables and Estimates
Sold Homes
Address Distance Property Type Sold Price Sold Date Bed Bath Sqft
4.59
Multi-Family
$980,000
11/21/17
-
-
2,150
2.94
Multi-Family
$910,000
11/16/17
-
-
1,962
3.25
Multi-Family
$1,200,000
11/17/17
-
-
2,307
4.04
Multi-Family
$850,000
11/24/17
-
-
1,640
4.36
Multi-Family
$1,080,000
11/20/17
-
-
2,160
4.62
Multi-Family
$980,000
11/17/17
-
-
1,870
2.72
Multi-Family
$730,000
11/16/17
-
-
1,676
3.4
Multi-Family
$1,100,000
11/22/17
-
-
2,184
4.68
Multi-Family
$1,600,000
11/17/17
-
-
4,500
3.99
Multi-Family
$795,000
11/15/17
-
-
2,124

Contact Info


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