Listing Courtesy of Serhant
$7,500,000
Potential Rebate: $112,500
<p>A renovated two-family townhouse nestled less than two blocks from Central Park, this 7-bedroom, 3.5-bathroom home offers the flexibility to be used as either a spacious single-family residence or maintained as a two-family property with income potential. </p> <p>The property is currently occupied by a tenant through April 2026, generating strong rental income-providing a turnkey investment opportunity for end users or investors</p> <p>The townhouse is a seamless blend of contemporary convenience and classic charm, featuring a beautifully preserved brownstone and redbrick façade, beautiful hardwood floors, high ceilings with crown molding, classic sash windows, chic built-ins, a private backyard patio, and a collection of lovely details including marble fireplaces and hand-laid floor tiles. Modern upgrades include a new central air system, fully renovated bathrooms throughout, and a smart home system allowing total control from your phone.</p> <p>The home is currently configured as two private units with separate entrances but can easily function as a single-family townhouse via an existing interior staircase. The upper triplex boasts five bedrooms, three bathrooms, and access to the private patio. The parlor floor opens into an elegant entry hall with wainscoting and a chandelier and flows into a gorgeous 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 complete the level.</p> <p>The primary bedroom sits on the third floor and features a pair of reach-in closets and a Jack-and-Jill bathroom that leads into a second bedroom and includes double sinks, a walk-in shower, and a free-standing soaking tub. The fourth floor houses the remaining three bedrooms, a laundry room, and a full bathroom with a step-in shower and separate soaking tub.</p> <p>The garden level includes two bedrooms, one bathroom, a large living and dining area, a pristine full bath with a large vanity and brass fixtures, and a spotless kitchen equipped with marble countertops, white cabinetry, a convenient pass-through, and a suite of high-end stainless steel appliances.</p> <p>Situated in the heart of the Upper West Side, 120 West 87th Street is moments from the restaurants, bars, cafes, and shops that line Columbus and Amsterdam Avenues. It sits between Riverside and Central Parks, and is close to the American Museum of Natural History and the Jacqueline Kennedy Onassis Reservoir. Nearby subway lines include the 1/B/C.</p>
$39,938 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$112,500
Monthly savings impact
$313/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Serhant
Data Source: TRESTLE #RLS20012315

Compare average listing prices and value metrics for 120 West 87TH Street against the surrounding Upper West Side market.
than the Upper West Side price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
The Upper West Side (UWS) is the intellectual and cultural counterpoint to the East Side. Sandwiched between Central Park and Riverside Park, it is known for its brownstones, protected historic districts, and artistic legacy. For buyers seeking Upper West Side Manhattan real estate, it offers a relaxed, leafy, and quintessentially "New York" vibe.
Living in the Upper West Side feels like living in a movie. The streets are wide and lined with trees. As a beloved Manhattan NYC neighborhood, it attracts writers, actors, and families who value space, parks, and Zabar's.
The market for homes for sale in the Upper West Side is robust. It is famous for its pre-war co-ops along Central Park West and Riverside Drive, and its miles of brownstone blocks in between. Newer condos have risen in the low 60s and along Columbus Avenue.
It is a high-demand market because the housing stock is beautiful and protected. You can't build skyscrapers on the brownstone side streets, preserving the light and character.
The lifestyle on the UWS is casual and community-focused. Neighbors stop to chat at the Sunday landscaped market or while walking dogs in Riverside Park. It feels less formal than the East Side.
Cultural institutions like Lincoln Center and the Museum of Natural History anchor the community, infusing it with art and science.
The Upper West Side is served by the 1/2/3 and B/C trains. The express 2/3 makes getting to Times Square or Wall Street incredibly fast.
The West Side Highway provides easy car access for escapes to the Catskills or Jersey.
You are never more than two blocks from a park. Riverside Park offers sunsets over the Hudson, while Central Park offers the Great Lawn and the Reservoir.
Amenities are iconic: Zabar's, Fairway, Barney Greengrass. The food culture here is legendary. Schools are excellent, contributing to its reputation as a family haven.
The Upper West Side is best for families, dog owners, and creatives who want a beautiful, green, and relaxed neighborhood with deep cultural roots.

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