---
title: "120 East 87th Street #P14B, New York City, NY 10128"
description: "120 East 87th Street #P14B, New York City, NY 10128 — Carnegie Hill, New York City, NY. Listing Price $1,175,000. In contract 8/25/2026. 1 bed, 1 bath, 787 sqft Illustrative Buyer Commission Share of $17,625 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/120-east-87th-street-p14b-P14B-ny-10128"
source: "Real Estate Rebate Team"
dateModified: "2026-08-25T14:28:34.431Z"
status: "Pending"
---

# 120 East 87th Street #P14B, New York City, NY 10128

Carnegie Hill, New York City, NY

Courtesy of Coldwell Banker Warburg

Last updated: August 25, 2026, 10:28 AM

## At a Glance

- **Listing Price**: $1,175,000
- **Status**: In contract 8/25/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 1
- **Baths**: 1
- **Sqft**: 787
- **Common Charges**: $1,377 / mo
- **Price per Sqft**: $1,493
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $1,175,000
- **Illustrative Buyer Commission Share**: -$17,625*
- **Illustrative Net Cost**: $1,157,375

*Illustrative Buyer Savings of $17,625 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![120 East 87th Street #P14B, New York City, NY 10128 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1f45f995-1fbb-46f9-a732-a37c32c1b90f.jpg)
![120 East 87th Street #P14B, New York City, NY 10128 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0c8eb852-9221-4b75-9c0c-0c2309a02128.jpg)
![120 East 87th Street #P14B, New York City, NY 10128 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/71a5860e-58c4-472d-9d0d-f2e8b52a5c86.jpg)
![120 East 87th Street #P14B, New York City, NY 10128 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/010eec6c-1b78-4388-a06b-dc8536bf8a99.jpg)
![120 East 87th Street #P14B, New York City, NY 10128 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/569d6d94-c728-43bf-b205-495831139d0a.jpg)
![120 East 87th Street #P14B, New York City, NY 10128 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b5ade060-b730-4536-9300-3d4651b8f45e.jpg)
![120 East 87th Street #P14B, New York City, NY 10128 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c27730aa-e7ab-4d5c-8df0-a721b10d080c.jpg)
![120 East 87th Street #P14B, New York City, NY 10128 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/26ed6620-91f9-41a0-b0e7-a0d7340d4228.jpg)
![120 East 87th Street #P14B, New York City, NY 10128 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f1302023-f0a8-4151-8886-f463ff061b11.jpg)
![120 East 87th Street #P14B, New York City, NY 10128 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/52270742-b996-498a-a0f6-6ee83d23556b.jpg)

## Property Overview

Residence P14B at Park Avenue Court is a magnificently proportioned, loft-like, turnkey one-bedroom in triple-mint condition, featuring soaring 14-foot ceilings and an expansive, light-filled layout with oversized windows throughout.

 The open dining area, kitchen, and living space seamlessly integrate-ideal for both everyday living and entertaining.

 The kitchen is thoughtfully designed with premium Bosch appliances, including a five-burner gas range and dishwasher. A new stackable in-unit washer/dryer is discreetly tucked into a custom storage closet.

 The sun-filled bedroom easily accommodates a king-size bed along with a home office or reading nook, and features two expansive closets with ceiling-height storage. Off the bedroom, a renovated spa-like bath with marble vanity, sleek tilework, soaking tub, and dual-head waterfall shower.

 Storage is exceptional, with a generous foyer closet, linen closet, and two large bedroom closets. Recent upgrades include motorized electric shades, a Bluetooth-enabled lighting system, and an upgraded HVAC system.

 Residents of Park Avenue Court enjoy full-service luxury living, including a 24-hour doorman, two beautifully landscaped gardens, concierge services, state-of-the-art fitness center, swimming pool, children's playroom, bike room, additional storage, and on-site garage.

 Ideally located in the heart of the Upper East Side, just moments from Central Park and Museum Mile, the home offers access to some of Manhattan's best dining and convenient transportation via the nearby Q, 4, 5, and 6 subway lines.

## Property Details

- **Property Type**: Loft
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 3
- **Sqft**: 787 sqft
- **Stories**: 17
- **Year Built**: 1972
- **Price per Sqft**: $1,493
- **Common Charges**: $1,377 / Monthly
- **Listed On**: Mar 31, 2026
- **Days on Market**: 166 Days

### Residence Features

- Building Other
- Washer Hookup
- In Unit
- Building Courtyard
- Building Roof Deck
- High Ceilings
- Storage
- Dishwasher
- City Lights
- City

## Sales Evidence

### Recent closed sales

22 apartments at Park Avenue Court have recorded sales since September 2021, the most recent for $665,000 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [R14-J](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/120-east-87th-street-r14j-ny-10128) (Apartment) | Studio | 485 | $665,000 | $1,371/ft² | August 5, 2026 | MLS |
| P14G (Duplex) | 1 | 605 | $900,000 | $1,488/ft² | January 15, 2026 | City record · MLS |
| R18-B (Apartment) | — | 826 | $3,250,000 | $3,935/ft² | October 16, 2025 | City record |
| R20J (Apartment) | Studio | 525 | $665,000 | $1,267/ft² | June 12, 2025 | City record · MLS |
| R16-G (Apartment) | — | 1,628 | $3,100,000 | $1,904/ft² | April 28, 2025 | City record |
| R26D (Apartment) | 3 | 1,832 | $3,100,000 | $1,692/ft² | April 15, 2025 | City record · MLS |
| P20-G (Apartment) | — | 449 | $750,000 | $1,670/ft² | April 4, 2025 | City record |
| P-8G (Apartment) | Studio | 541 | $585,000 | $1,081/ft² | October 31, 2024 | City record · MLS |
| R6L (Apartment) | Studio | 400 | $550,000 | $1,375/ft² | August 2, 2024 | City record · MLS |
| P8-K (Apartment) | — | 515 | $611,000 | $1,186/ft² | July 26, 2024 | City record |
| PPH1B (Apartment) | 2 | 1,450 | $2,787,500 | $1,922/ft² | July 16, 2024 | City record · MLS |
| P24-C (Apartment) | 2 | 1,450 | $2,450,000 | $1,690/ft² | July 16, 2024 | City record · MLS |
| R26B (Apartment) | 2 | 1,452 | $2,800,000 | $1,928/ft² | May 7, 2024 | City record · MLS |
| P6-A (Apartment) | — | 1,990 | $4,300,000 | $2,161/ft² | June 13, 2023 | City record |
| R-6C (Loft) | 1 | — | $1,210,000 | — | May 5, 2023 | City record · MLS |
| R18-H (Apartment) | 1 | 856 | $950,000 | $1,110/ft² | March 29, 2023 | City record |
| R12I (Apartment) | 1 | 760 | $1,250,000 | $1,645/ft² | July 27, 2022 | City record · MLS |
| R12A (Apartment) | 2 | 1,532 | $2,430,000 | $1,586/ft² | June 2, 2022 | City record · MLS |
| P20C (Apartment) | 2 | 1,200 | $2,498,000 | $2,082/ft² | May 19, 2022 | City record · MLS |
| R-10K (Apartment) | Studio | 506 | $745,000 | $1,472/ft² | October 26, 2021 | City record · MLS |
| P-4D (Apartment) | 1 | 1,100 | $1,465,000 | $1,332/ft² | October 26, 2021 | City record · MLS |
| P8-H (Apartment) | — | 542 | $920,000 | $1,697/ft² | October 4, 2021 | City record |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

The median closed price for comparable one-bedroom sales at Park Avenue Court is $1,210,000, based on 5 sales between October 2021 and January 2026. This home is asking $1,175,000, $35,000 below that median. The middle half of those sales closed between $950,000 and $1,250,000.

- **Median closed price**: $1,210,000
- **Middle half**: $950,000 – $1,250,000
- **Based on**: 5 one-bedroom sales at Park Avenue Court
- **Period**: October 2021 – January 2026
- **Median $/ft²**: $1,410/ft²

### How these sales were negotiated

- **Listed → in contract**: 32 days (about 5 weeks)
- **In contract → closed**: 69 days (about 10 weeks)

Half of these homes were in contract within 32 days (about 5 weeks) of coming to market, based on the 3 with a recorded listing date.

Once a deal was agreed, closing took a further 69 days (about 10 weeks), based on the 3 with both dates recorded.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 5 one-bedroom sales at Park Avenue Court, October 2021 – January 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

### Price trend

Median price per square foot for sales at Park Avenue Court, 2017 to 2025. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year.

| Year | Median $/ft² | Sales |
| --- | --- | --- |
| 2017 | $1,461/ft² | 3 (thin) |
| 2018 | $1,810/ft² | 9 |
| 2019 | $1,571/ft² | 11 |
| 2020 | $1,550/ft² | 3 (thin) |
| 2021 | $1,332/ft² | 13 |
| 2022 | $1,645/ft² | 3 (thin) |
| 2024 | $1,532/ft² | 6 |
| 2025 | $1,692/ft² | 5 |

Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at Park Avenue Court](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/park-avenue-court)

## Price and Property History for 120 East 87TH Street, Unit P14B

Review the recorded listing activity for 120 East 87TH Street, Unit P14B, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $25,000, or 2.1%, on July 23, 2026
- **Originally listed**: March 31, 2026 at $1,350,000
- **Entered contract**: August 25, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| August 25, 2026 | $1,175,000 | Entered contract |
| July 23, 2026 | $1,175,000 | Asking price reduced by $25,000, or 2.1% |
| March 31, 2026 | $1,350,000 | Listed for sale by Coldwell Banker Warburg |

## Property Tax History

Taxes at 120 East 87th Street #P14B were $17,189 in 2026, up 2.9% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $144,028 | $14,027 | $130,001 | $137,512 | $17,189 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $143,490 | $14,027 | $129,463 | $133,699 | $16,712 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $134,966 | $14,027 | $120,939 | $132,672 | $16,584 | 12.5% |
| 2023 (FY 2023/24) | $133,417 | $14,027 | $119,390 | $132,728 | $16,594 | 12.502% |
| 2022 (FY 2022/23) | $131,667 | $14,027 | $117,640 | $131,667 | $16,152 | 12.267% |
| 2021 (FY 2021/22) | $124,966 | $14,027 | $110,939 | $124,966 | $15,290 | 12.235% |
| 2020 (FY 2020/21) | $138,352 | $14,027 | $124,325 | $129,126 | $15,840 | 12.267% |
| 2019 (FY 2019/20) | $135,242 | $14,027 | $121,215 | $123,444 | $15,397 | 12.473% |
| 2018 (FY 2018/19) | $136,592 | $14,027 | $122,565 | $118,740 | $14,975 | 12.612% |
| 2017 (FY 2017/18) | $125,217 | $14,026 | $111,191 | $112,353 | $14,290 | 12.719% |
| 2016 (FY 2016/17) | $118,409 | $14,027 | $104,382 | $107,581 | $13,869 | 12.892% |
| 2015 (FY 2015/16) | $109,967 | $14,027 | $95,940 | $103,875 | $13,382 | 12.883% |
| 2014 (FY 2014/15) | $103,548 | $14,027 | $89,521 | $100,042 | $12,860 | 12.855% |
| 2013 (FY 2013/14) | $104,632 | $14,027 | $90,605 | $97,952 | $12,876 | 13.145% |
| 2012 (FY 2012/13) | $101,355 | $14,027 | $87,328 | $95,260 | $12,556 | 13.181% |
| 2011 (FY 2011/12) | $99,879 | $14,027 | $85,852 | $94,024 | $12,630 | 13.433% |
| 2010 (FY 2010/11) | $90,799 | $14,027 | $76,772 | $92,678 | $12,375 | 13.353% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 1015151248. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### Park Avenue Court

Carnegie Hill · Condominium

120 East 87th Street, New York, NY 10028

A building in Carnegie Hill, currently featuring 7 active listings.

- **Year Built**: 1972
- **Total Units**: 7
- **Floors**: 17

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/park-avenue-court)

### Available Residences — For Sale (7)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [P14B](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/120-east-87th-street-p14b-P14B-ny-10128) | 1 | 1 | 787 sqft | $1,493 | $1,175,000 (-2.1%) — In contract | Coldwell Banker Warburg | Mar 31, 2026 | 165 days |
| [R18H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/120-east-87th-street-r18h-R18H-ny-10128) | 1 | 1 | 1,225 sqft | $1,041 | $1,275,000 — In contract | Brown Harris Stevens Residential Sales LLC | Nov 15, 2022 | 1,397 days |
| [R20H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/120-east-87th-street-r20h-R20H-ny-10128) | 1 | 1 | 900 sqft | $1,389 | $1,250,000 — In contract | Douglas Elliman Real Estate | Sep 3, 2024 | 739 days |
| [R14-J](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/120-east-87th-street-r14j-ny-10128) | Studio | 1 | 485 sqft | $1,392 | $675,000 | Sothebys International Realty | Mar 31, 2026 | 165 days |
| [R6E](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10028/120-east-87th-street-r6e-R6E-ny-10028) | 1 | 1 | 775 sqft | $1,581 | $1,225,000 — In contract | Corcoran Group | Apr 29, 2026 | 136 days |
| [R14H](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/120-east-87th-street-r14h-ny-10128) | 1 | 1 | 900 sqft | $1,361 | $1,225,000 | Compass | Sep 9, 2026 | 3 days |
| [R14F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/120-east-87th-street-r14f-ny-10128) | 2 | 2 | 1,000 sqft | $2,250 | $2,250,000 | Serhant | Sep 10, 2026 | 2 days |

## Estimated Monthly Payment

**$7,318 / month**, assuming a 20% down payment ($235,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $5,941
- **Common Charges**: $1,377

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Carnegie Hill

Overview of Carnegie Hill

[Explore Carnegie Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/carnegie-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Carnegie Hill

- [Central Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/central-park)
- [Roosevelt Island real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/roosevelt-island)
- [Upper West Side real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-west-side)
- [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown)
- [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district)
- [East Harlem real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-harlem)

## Related Links

- [Park Avenue Court — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/park-avenue-court)
- [Carnegie Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/carnegie-hill)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> 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. ©2026 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 the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.