---
title: "120 East 87th Street #R14F, New York City, NY 10128"
description: "120 East 87th Street #R14F, New York City, NY 10128 — Carnegie Hill, New York City, NY. Listing Price $2,250,000. 2 bed, 2 bath, 1,000 sqft Illustrative Buyer Commission Share of $33,750 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/120-east-87th-street-r14f-ny-10128"
source: "Real Estate Rebate Team"
dateModified: "2026-09-27T08:33:33.958Z"
status: "Active"
---

# 120 East 87th Street #R14F, New York City, NY 10128

Carnegie Hill, New York City, NY

Courtesy of Serhant

Last updated: September 27, 2026, 4:33 AM

## At a Glance

- **Listing Price**: $2,250,000
- **Beds**: 2
- **Baths**: 2
- **Sqft**: 1,000
- **Common Charges**: $1,745 / mo
- **Price per Sqft**: $2,250
- **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**: $2,250,000
- **Illustrative Buyer Commission Share**: -$33,750*
- **Illustrative Net Cost**: $2,216,250

*Illustrative Buyer Savings of $33,750 — 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 #R14F, New York City, NY 10128 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3d0197d8-14af-4763-b333-863f0221a1cf.jpg)
![120 East 87th Street #R14F, New York City, NY 10128 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/51f8da3e-a970-4d7d-9a08-2b89bcca6c59.jpg)
![120 East 87th Street #R14F, New York City, NY 10128 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cfb3e908-e428-48cf-8b8c-726c22a67e4e.jpg)
![120 East 87th Street #R14F, New York City, NY 10128 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3455ca4c-22df-49be-932a-2cd7e01e15f9.jpg)
![120 East 87th Street #R14F, New York City, NY 10128 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ae931539-6dae-4c51-9990-7d21a8aabd11.jpg)
![120 East 87th Street #R14F, New York City, NY 10128 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5bb21e36-a271-4f10-b1cb-23683b9a7bab.jpg)
![120 East 87th Street #R14F, New York City, NY 10128 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7e3621f5-3ae1-436a-b9b8-53b32befc256.jpg)
![120 East 87th Street #R14F, New York City, NY 10128 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dbcd3dca-2a37-4130-a6e6-975b2551e17b.jpg)
![120 East 87th Street #R14F, New York City, NY 10128 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0e1016ec-45f6-4ee9-b52c-198138b42265.jpg)
![120 East 87th Street #R14F, New York City, NY 10128 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4a041e12-9aa6-475c-b1f8-001ced00108d.jpg)

## Property Overview

Welcome to Park Avenue Court, one of the Upper East Side's most prestigious condominium buildings, in the heart of Carnegie Hill. Residence 14F, located on the riverside part of the building, features soaring 14-foot ceilings, abundant natural light pouring through south-facing windows, and an open view. This two-bedroom, two-bathroom home blends modern, elegant finishes with a distinctive European flair.

Imagine your mornings beginning with coffee in your beautifully appointed kitchen, featuring a striking blue agate quartz backsplash with LED accent lighting, custom floor-to-ceiling white cabinetry for abundant storage, Caesarstone countertops, Bosch stainless steel appliances, a five-burner gas range, and a Kraus deep sink. The apartment flows effortlessly from one space to the next, making entertaining and quiet nights at home equally easy to enjoy. The expansive living space invites you to gather, settle in with a book, or simply enjoy the light and extraordinary ceiling height. White oak hardwood floors, recessed lighting, and bespoke finishes bring warmth to the home's dramatic proportions. Large soundproof windows offer a quiet retreat from the city, with custom electric shades ready when it's time to wind down.

At the end of the day, your generously sized primary suite offers a peaceful place to recharge. A spacious walk-in closet provides ample wardrobe storage, while the spa-inspired en-suite bathroom features high-end modern finishes, designer tilework, and a soaking tub/shower combination. A washer/dryer within the bathroom adds everyday convenience. The second bedroom, complete with deep custom built-ins, offers a welcoming space for overnight guests or a dedicated workspace. The beautifully renovated second bathroom features a large walk-in shower and an oversized vanity.

Glance up the glass-enclosed staircase and find an approximately 400-square-foot bonus space giving you even more room to make this home your own. Imagine a private home office, a cozy media room, or a creative retreat, with substantial hidden storage to keep everything organized. (This upper-level space is not included in the stated square footage.)

The home's distinctive proportions are part of Park Avenue Court's architectural story. Originally built as a Gimbels department store in 1972 and converted into residences in 1989 by world-renowned architecture firm Skidmore, Owings & Merrill, this grand 17-story building houses 219 loft-like homes with layouts ranging from studios to seven-bedroom residences.

Life here at Park Avenue Court extends well beyond your apartment. A full-time doorman and concierge welcome you home as you enter on the street level. There is a formal lobby located on the 2nd level of the building with an outdoor courtyard. You will also enjoy a private health club with an indoor swimming pool, fully equipped gym, and yoga room. Additional amenities include: children's playroom, bicycle room, basement storage and garage (pending availability). The Central Park Reservoir, the Guggenheim and The Met are only 2 1/2 blocks away. Whole Foods is 1 block east.

Use of the private health club, including the indoor swimming pool and gym, is available to residents with no additional or separate amenity fee. Basement storage units are privately owned, with any rental or purchase opportunities subject to availability from individual owners. The building's garage is open to the public, with parking availability and rates handled directly by the garage operator.

Let Carnegie Hill become part of your everyday routine-from walks along tree-lined streets to afternoons exploring neighborhood cultural institutions-with a spacious, light-filled home waiting when you return. Location, Location, Location!

48 hours notice required for showings.

3D virtual walkthrough available upon request.

## Property Details

- **Property Type**: Duplex
- **Beds**: 2
- **Baths**: 2
- **Rooms**: 4
- **Sqft**: 1,000 sqft
- **Stories**: 24
- **Year Built**: 1972
- **Price per Sqft**: $2,250
- **Common Charges**: $1,745 / Monthly
- **Listed On**: Sep 10, 2026
- **Days on Market**: 22 Days

### Residence Features

- Building Other
- In Unit
- Building Courtyard
- Building Roof Deck
- Separate/Formal Dining Room
- City

## Estimated Monthly Payment

**$13,122 / month**, assuming a 20% down payment ($450,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $11,377
- **Common Charges**: $1,745

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

## Sales and market data

### Recent sales

22 apartments at Park Avenue Court have recorded sales since October 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 4, 2026 | City record · 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

- **This home**: $2,250,000
- **Median sold price**: $2,498,000
- **Difference**: -$248,000 (-9.9%)
- **This home, $/ft²**: $2,250
- **Median $/ft²**: $1,922
- **Comparable sales**: 5
- **Sales from**: May 2022 – July 2024
- **Middle half of those sales**: $2,450,000 – $2,787,500

Based on two-bedroom sales at Park Avenue Court.

### How these sales were negotiated

- **Sale-to-list price**: 93.7% (5 sales)
- **Sold below asking**: 80% (5 sales)
- **Typical time to find a buyer**: 65 days (3 sales)
- **Typical time to close**: 62 days (3 sales)

Based on two-bedroom sales at Park Avenue Court with the required listing and closing data. Sample sizes vary by metric.

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.

### Price trend

Median price per square foot, sales at Park Avenue Court

| 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 |

Based on recorded sales at Park Avenue Court.

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.

Sales data through August 2026.

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 R14F

Review the recorded listing activity for 120 East 87TH Street, Unit R14F, including asking-price changes and prior market dates.

| Date | Price | Listing event |
| --- | --- | --- |
| September 10, 2026 | $2,250,000 | Listed for sale by Serhant |
| May 1, 2026 | $2,250,000 | Listed for sale by Brown Harris Stevens Residential Sales LLC |

## Property Tax History

Taxes at 120 East 87th Street #R14F were $22,985 in 2026, up 2.9% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $192,593 | $18,759 | $173,834 | $183,881 | $22,985 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $191,873 | $18,759 | $173,114 | $178,781 | $22,348 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $180,475 | $18,759 | $161,716 | $177,408 | $22,176 | 12.5% |
| 2023 (FY 2023/24) | $178,403 | $18,759 | $159,644 | $177,482 | $22,189 | 12.502% |
| 2022 (FY 2022/23) | $176,063 | $18,759 | $157,304 | $176,063 | $21,598 | 12.267% |
| 2021 (FY 2021/22) | $167,102 | $18,759 | $148,343 | $167,102 | $20,445 | 12.235% |
| 2020 | The City did not publish assessment data for this year. | — | — | — | — | — |
| 2019 | The City did not publish assessment data for this year. | — | — | — | — | — |
| 2018 (FY 2018/19) | $182,649 | $18,759 | $163,890 | $158,785 | $20,026 | 12.612% |
| 2017 (FY 2017/18) | $167,440 | $18,760 | $148,680 | $150,239 | $19,109 | 12.719% |
| 2016 (FY 2016/17) | $158,336 | $18,759 | $139,577 | $143,854 | $18,546 | 12.892% |
| 2015 (FY 2015/16) | $147,047 | $18,760 | $128,287 | $138,900 | $17,894 | 12.883% |
| 2014 (FY 2014/15) | $138,461 | $18,759 | $119,702 | $133,772 | $17,196 | 12.855% |
| 2013 (FY 2013/14) | $139,911 | $18,759 | $121,152 | $130,978 | $17,217 | 13.145% |
| 2012 (FY 2012/13) | $135,528 | $18,759 | $116,769 | $127,380 | $16,790 | 13.181% |
| 2011 (FY 2011/12) | $133,558 | $18,759 | $114,799 | $125,728 | $16,889 | 13.433% |
| 2010 (FY 2010/11) | $121,416 | $18,759 | $102,657 | $123,932 | $16,549 | 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 1015151388. 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 · Duplex

120 East 87th Street, New York, NY 10028

A building in Carnegie Hill, currently featuring 2 active listings.

- **Year Built**: 1972
- **Active Units**: 2
- **Floors**: 24

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

### Available Residences — For Sale (6)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [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 | 21 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 | 22 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 | 1,416 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 | 758 days |
| [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 | 184 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 | 155 days |

### Recently Sold (1)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [R14-J](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/120-east-87th-street-r14j-ny-10128) | Studio | 1 | 485 sqft | $1,371 | $665,000 | Sothebys International Realty | Mar 31, 2026 | Aug 5, 2026 |

## Potential NYC Second-Home Tax

This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price.

[Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator)

## 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.