---
title: "120 East 87th Street #R14-J, New York City, NY 10128"
description: "120 East 87th Street #R14-J, New York City, NY 10128 — Carnegie Hill, New York City, NY. Last Sold Price $665,000. Sold on 8/5/2026. Studio bed, 1 bath, 485 sqft"
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/120-east-87th-street-r14j-ny-10128"
source: "Real Estate Rebate Team"
status: "Closed"
---

# 120 East 87th Street #R14-J, New York City, NY 10128

Carnegie Hill, New York City, NY

Courtesy of Sothebys International Realty

## At a Glance

- **Last Sold Price**: $665,000
- **Status**: Sold on 8/5/2026
- **Beds**: Studio
- **Baths**: 1
- **Sqft**: 485
- **Common Charges**: $906 / mo
- **Monthly Taxes**: $790 / mo
- **Price per Sqft**: $1,392
- **Brokerage Fee**: Share Eligible

This listing was successfully closed and is no longer active on the market.

[Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

## Property Overview

Step into this dramatic, loft-like studio where soaring 13-foot ceilings and oversized windows fill the living and sleeping space with abundant natural light. Thoughtfully designed, the residence offers exceptional closet storage, a timeless marble bathroom, and an updated kitchen featuring black granite countertops and crisp white cabinetry, perfectly suited as a primary home or a convenient pied-à-terre in the prime Upper East.

Located just off Park Avenue, Park Avenue Court is a premier full-service luxury condominium offering a 24-hour doorman, concierge, and live-in superintendent. Upon arrival, residents and guests are welcomed by the doorman at the building entrance and guided to the elegant second-floor lobby via elevator or a striking spiral staircase. Fresh floral arrangements enhance the sense of refinement at the entry. Building amenities include an indoor swimming pool, fitness center, yoga room, children’s playroom, and a beautifully landscaped courtyard garden located off the second-floor lobby, an inviting urban retreat.

Ideally situated near Central Park, the Guggenheim, and the Metropolitan Museum of Art, Whole Foods Market, and an exceptional selection of fine dining, the building also offers effortless access to public transportation, including the 4, 5, and 6 subway lines, the Q line, and nearby crosstown buses.

## Property Details

- **Property Type**: Condominium
- **Baths**: 1
- **Rooms**: 2
- **Sqft**: 485 sqft
- **Stories**: 17
- **Year Built**: 1990
- **Price per Sqft**: $1,392
- **Common Charges**: $906 / Monthly
- **Monthly Taxes**: $790 / mo
- **Listed On**: Mar 31, 2026
- **Days on Market**: 164 Days

### Residence Features

- Common On Floor
- Common Area
- Laundry Room
- Dishwasher
- Hardwood
- City

## Sales Evidence

### Recent closed sales

23 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 (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 |
| P14C (Apartment) | 2 | 1,110 | $1,942,500 | $1,750/ft² | September 10, 2021 | City record · MLS |

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 studio sales at Park Avenue Court is $625,000, based on 4 sales between October 2021 and June 2025. This home is asking $675,000, $50,000 above that median. The middle half of those sales closed between $576,250 and $685,000.

- **Median closed price**: $625,000
- **Middle half**: $576,250 – $685,000
- **Based on**: 4 studio sales at Park Avenue Court
- **Period**: October 2021 – June 2025
- **Median $/ft²**: $1,321/ft²

Across the 4 of these sales with a published asking price, the median closed at 89% of what it originally asked. 100% of them closed below the original ask.

### How these sales were negotiated

- **Sold vs original ask**: 89% of the original ask
- **Closed below ask**: 100% of 4 sales
- **Listed → in contract**: 176 days (about 25 weeks)
- **In contract → closed**: 53 days (about 8 weeks)

Across the 4 of these sales with a published asking price, the median closed at 89% of what it originally asked. 100% of them closed below the original ask.

Half of these homes were in contract within 176 days (about 25 weeks) of coming to market, based on the 3 with a recorded listing date.

Once a deal was agreed, closing took a further 53 days (about 8 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 4 studio sales at Park Avenue Court, October 2021 – June 2025. 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 R14-J

Review the recorded listing activity for 120 East 87th Street, Unit R14-J, including asking-price changes and prior market dates.

- **Last sold**: $665,000 on August 5, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| August 5, 2026 | $665,000 | Sold |
| May 21, 2026 | $675,000 | Listing removed from the market |
| May 15, 2026 | $675,000 | Entered contract |
| March 31, 2026 | $675,000 | Listed for sale by Sothebys International Realty |

## Property Tax History

Taxes at 120 East 87th Street #R14-J were $9,794 in 2026, up 2.9% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $82,064 | $7,993 | $74,071 | $78,350 | $9,794 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $81,758 | $7,993 | $73,765 | $76,179 | $9,522 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $76,901 | $7,993 | $68,908 | $75,592 | $9,449 | 12.5% |
| 2023 (FY 2023/24) | $76,018 | $7,993 | $68,025 | $75,624 | $9,455 | 12.502% |
| 2022 (FY 2022/23) | $75,021 | $7,993 | $67,028 | $75,021 | $9,203 | 12.267% |
| 2021 (FY 2021/22) | $71,203 | $7,993 | $63,210 | $71,203 | $8,712 | 12.235% |
| 2020 (FY 2020/21) | $78,830 | $7,993 | $70,837 | $73,573 | $9,025 | 12.267% |
| 2019 (FY 2019/20) | $77,058 | $7,993 | $69,065 | $70,339 | $8,773 | 12.473% |
| 2018 (FY 2018/19) | $77,828 | $7,993 | $69,835 | $67,657 | $8,533 | 12.612% |
| 2017 (FY 2017/18) | $71,347 | $7,993 | $63,354 | $64,018 | $8,142 | 12.719% |
| 2016 (FY 2016/17) | $67,467 | $7,993 | $59,474 | $61,297 | $7,902 | 12.892% |
| 2015 (FY 2015/16) | $62,657 | $7,993 | $54,664 | $59,185 | $7,625 | 12.883% |
| 2014 (FY 2014/15) | $58,999 | $7,993 | $51,006 | $56,999 | $7,327 | 12.855% |
| 2013 (FY 2013/14) | $59,617 | $7,993 | $51,624 | $55,811 | $7,336 | 13.145% |
| 2012 (FY 2012/13) | $57,749 | $7,992 | $49,757 | $54,278 | $7,154 | 13.181% |
| 2011 (FY 2011/12) | $56,909 | $7,993 | $48,916 | $53,577 | $7,197 | 13.433% |
| 2010 (FY 2010/11) | $51,736 | $7,993 | $43,743 | $52,808 | $7,051 | 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 1015151420. 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 5 active listings.

- **Year Built**: 1990
- **Total Units**: 5
- **Floors**: 17

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

### Available Residences — For Sale (5)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [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 | 164 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 | 1,396 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 | 738 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 | 164 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 | 135 days |

## Estimated Monthly Payment

**$5,109 / month**, assuming a 20% down payment ($135,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $3,413
- **Property Taxes**: $790
- **Common Charges**: $906

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.
