--- title: "506 East 87th Street Apartments for Sale in Manhattan | Buyer Savings" description: "View active listings, prices, and amenities at 506 East 87th Street, located at 506 East 87th Street, New York, NY 10128 in Manhattan. Buy an apartment with Buyer Advantage savings." url: "https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/506-east-87th-street" source: "Real Estate Rebate Team" dateModified: "2026-09-11T14:19:54.574Z" --- # 506 East 87th Street 506 East 87th Street, New York, NY 10128 Upper East Side · Townhouse · Built 1899 Availability last updated: September 11, 2026, 10:19 AM ## At a Glance - **Active Units**: 1 Unit - **Starting Price**: $7,649,000 - **Property Type**: Townhouse - **Year Built**: 1899 ## Building Overview About 506 East 87th Street 506 East 87th Street is a residential building located in the Yorkville section of the Upper East Side. Just steps from Carl Schurz Park and the East River Esplanade, it offers a quiet retreat near the water. The area is known for its relaxed, neighborhood feel. ## Illustrative Buyer Savings **$114,735 at Closing** Illustrative, based on a 3% buyer-broker commission on the highest-priced available residence. Régis shares 50% of the buyer-side commission actually received, so your figure follows the commission offered on your transaction. Work with Régis before touring or submitting an offer to understand the building, evaluate pricing, and preserve eligible Buyer Advantage opportunities. **Régis Roumila** — Principal Broker · NY & NJ. Private buyer representation for luxury resale and new development purchases. Verified Member: REBNY · NAR. NYDOS LIC#: 10491211335. [Speak with Régis](mailto:info@real-estate-rebate.com?subject=Inquiry%3A%20506%20East%2087th%20Street) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Key Building Details - **Year Built**: 1899 - **Stories / Floors**: 1 - **Neighborhood**: Upper East Side - **Active Listings**: 1 unit ## Building Amenities - Central Air - Building Other - Washer Hookup - In Unit - Balcony - Garden - Private Outdoor Space Over 60 Sqft - Smoke Free - Washer Dryer Allowed - Other - Pets: Building Yes - Pets: No ## Active Residence at 506 East 87th Street 1 Active Residence Buyer Advantage figures shown on these residences are illustrative, based on a 3% buyer-broker commission. Régis shares 50% of the buyer-side commission actually received on the transaction, so the figure follows the commission offered on the listing you buy. [How the Buyer Commission Share works](https://realestaterebatesnewyork.com/buyer-advantage) | Residence | Type | Beds | Baths | Size | Price | Status | Estimated Buyer Advantage | Courtesy of | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [506 East 87th Street](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/506-east-87th-street-ny-10128) | Single Family Residence | 5 | 5.5 | 4,100 ft² | $7,649,000 | Active | $114,735* | Serhant | > This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. ## What to Review Before Buying in 506 East 87th Street Purchasing real estate in New York City or New Jersey goes beyond the apartment itself. To secure your asset and investment equity, we systematically analyze building structures, financials, board packages, and commission sharing arrangements. 1. **Building Quality** — Review construction, finishes, amenities, management, service level, and long-term resale value. 2. **Monthly Costs** — Understand common charges, property taxes, assessments, and the full carrying-cost picture. 3. **Transaction Strategy** — Evaluate pricing, sponsor terms, closing costs, negotiation leverage, and eligible Buyer Advantage opportunities before committing. ## Location & Neighborhood 506 East 87th Street, New York, NY 10128 ### Upper East Side The Upper East Side (UES) is the epitome of classic New York wealth and culture. Stretching from Central Park to the East River, it is home to Museum Mile, Madison Avenue fashion, and some of the most prestigious addresses in the world. For buyers seeking Upper East Side Manhattan real estate, it offers a lifestyle of polished elegance and safety. Living in the Upper East Side ranges from the ultra-luxury of Fifth Avenue to the bustling, younger energy of Second Avenue. As a premier Manhattan NYC neighborhood, it remains the gold standard for residential stability and top-tier schools. The market for homes for sale in the Upper East Side is surprisingly diverse. While famous for $20 million townhouses and co-ops, the eastern avenues (Yorkville) offer excellent value for studios and one-bedrooms. It is valid to say it has two markets: the "Gold Coast" west of Lexington (historic, expensive, co-op heavy) and the area east of Lexington (more condos, more rentals, more affordable). The lifestyle on the UES is refined. Residents spend weekends at the Met or the Guggenheim, jogging in Central Park, and dining at established bistros. It is less trendy than downtown but more livable. The community is generational. You will see grandmothers and toddlers who both grew up in the neighborhood. It feels established, clean, and manicured. The Upper East Side was transformed by the Second Avenue Subway (Q train), which relieved pressure on the 4/5/6 line. Now, the area feels incredibly connected to Midtown and downtown. The crosstown buses through the park (at 65th, 79th, 86th, 96th) are vital lifelines to the West Side. Central Park is the neighborhood's front yard. Carl Schurz Park on the East River is a hidden gem with a dog run and promenade. Amenities are world-class. The area has the highest concentration of private schools in the city (Dalton, Spence, Chapin) and top hospitals (Lenox Hill, Mt Sinai), making it a magnet for families and professionals. The Upper East Side is best for families, culture lovers, and anyone who wants a classic, safe, and green New York City experience. - [Upper East Side Guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side) - [Browse Upper East Side Residences](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/upper-east-side-manhattan) - [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ## Frequently Asked Questions ### Where is this building located? 506 East 87th Street is in Yorkville (Upper East Side). ### What subway is accessible? The Q train at 86th Street is nearby. ### Is there a park nearby? Carl Schurz Park is a short walk away. ### What is the neighborhood vibe? It offers a peaceful, residential lifestyle near the river. Have questions about 506 East 87th Street? [Speak with Régis before you tour.](mailto:info@real-estate-rebate.com) ## Considering a Residence at 506 East 87th Street? Speak with Régis before you tour, negotiate, or submit an offer. Receive private buyer-side guidance, pricing context, and eligible Buyer Advantage opportunities where available. [Schedule a private consultation](https://realestaterebatesnewyork.com/contact) · [All buildings](https://realestaterebatesnewyork.com/buildings)