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Manhattan / Upper East Side-Yorkville / 10128

500A EAST 87 STREET

Recorded on the Digital Tax Map as PARK 87 CONDOMINIUM.

Boro1
Block1583
Lot7501
BBL1015837501
Class RM
Residential units
90
Units in total
94
Storeys
16
Year built
1963
Last alteration on file
1985
Recorded transfers
11 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
20 Dec 2023$515,0006FSINGLE RESIDENTIAL CONDO UNITDEED
6 Apr 2021$450,0004FSINGLE RESIDENTIAL CONDO UNITDEED
1 Jan 2018$10,433,3331GSINGLE RESIDENTIAL CONDO UNITRPTT&RET
1 Jan 2018$3,033,3332BBSINGLE RESIDENTIAL CONDO UNIT2 lotsRPTT&RET
1 Jan 2018$3,033,3332EESINGLE RESIDENTIAL CONDO UNIT4 lotsRPTT&RET
12 Sep 2014$225,10811DSINGLE RESIDENTIAL CONDO UNITDEED
26 Aug 2014$438,5774FSINGLE RESIDENTIAL CONDO UNITDEED
20 Aug 2014$370,1104DSINGLE RESIDENTIAL CONDO UNITDEED
30 Jul 2014$486,7206FSINGLE RESIDENTIAL CONDO UNITDEED
13 Jun 2014$425,8808CCSINGLE RESIDENTIAL CONDO UNITDEED
10 Jun 2014$400,00016DSINGLE RESIDENTIAL CONDO UNITDEED
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.

By year

YearTransfersMedian recordedLowestHighest
20231$515,000--
20211$450,000--
20183$3,033,333$3,033,333$10,433,333
20146$412,940$225,108$486,720
02

The building on the lot

Section through the lot

LOT 8,911 SQ FT16
Drawn from PLUTO: 16 storeys, 93,708 sq ft of building on 8,911 sq ft of lot, an average floor plate covering 66% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
8,911 sq ft
Building area
93,708 sq ft
Residential area
85,271 sq ft
Commercial area
8,437 sq ft
Office area
322 sq ft
Retail area
7,438 sq ft
Buildings on the lot
1
Built floor area ratio
10.52
Residential FAR permitted
10
Zoning district
R10A
03

Assessment

Assessed land value
$1,783,803
Assessed total value
$13,517,299
Exempt value
$14,506
Assessed per residential unit
$150,192

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
RM
Neighbourhood
Upper East Side-Yorkville
ZIP code
10128
Community district
Manhattan 8
Council district
5
Coordinates
40.776283, -73.946484

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Upper East Side-Yorkville

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
1623 3 AVENUERD710-1,625$875k
1660 2 AVENUED669219643-
1767 2 AVENUED465019730-
1749 2 AVENUED657619750-
1601 3 AVENUERD55319750-
1522 2 AVENUERM5371974499$840k
333 EAST 79 STREETD44401961438$755k
1533 YORK AVENUED341519661-
201 EAST 87 STREETD641019751-
1673 YORK AVENUED638319740-
1781 1 AVENUED43671980351$603k
1751 YORK AVENUED732819860-

Every building on file in Upper East Side-Yorkville