---
title: "120 East 87th Street #R18H, New York City, NY 10128"
description: "120 East 87th Street #R18H, New York City, NY 10128 — Carnegie Hill, New York City, NY. Listing Price $1,275,000. In contract 2/16/2023. 1 bed, 1 bath, 1,225 sqft Illustrative Buyer Commission Share of $19,125 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/120-east-87th-street-r18h-R18H-ny-10128"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 120 East 87th Street #R18H, New York City, NY 10128

Carnegie Hill, New York City, NY

Courtesy of Brown Harris Stevens Residential Sales LLC

## At a Glance

- **Listing Price**: $1,275,000
- **Status**: In contract 2/16/2023
  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**: 1,225
- **Common Charges**: $1,339 / mo
- **Monthly Taxes**: $1,249 / mo
- **Price per Sqft**: $1,041
- **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**: $1,275,000
- **Illustrative Buyer Commission Share**: -$19,125*
- **Illustrative Net Cost**: $1,255,875

*Illustrative Buyer Savings of $19,125 — 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 #R18H, New York City, NY 10128 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cb850b16-86e1-4d9e-9bca-96e37bf0efe2.jpg)
![120 East 87th Street #R18H, New York City, NY 10128 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f76db98b-9f88-4bba-8cb9-d77d0bb6292f.jpg)
![120 East 87th Street #R18H, New York City, NY 10128 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/762b7fc9-de83-4156-b07b-6e89a017fe56.jpg)
![120 East 87th Street #R18H, New York City, NY 10128 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/cdab8b5e-0df3-4c15-91a8-1e7d8eb88032.jpg)
![120 East 87th Street #R18H, New York City, NY 10128 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/83c57cce-73b7-4f72-b4aa-928445394db3.jpg)
![120 East 87th Street #R18H, New York City, NY 10128 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fe1112d5-e993-44d7-ac99-fce235756941.jpg)
![120 East 87th Street #R18H, New York City, NY 10128 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8c218cb0-013a-4282-a4ab-a5c3985b86bf.jpg)
![120 East 87th Street #R18H, New York City, NY 10128 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0ceac11f-8649-4cd8-98a9-8cc46ae1adde.jpg)
![120 East 87th Street #R18H, New York City, NY 10128 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c73cd83e-7f31-43b5-8d2e-b56742780963.jpg)
![120 East 87th Street #R18H, New York City, NY 10128 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f4b4814d-3959-41f2-afe9-3c81c8d0a458.jpg)

## Property Overview

Park Avenue Court is one of Carnegie Hill's most desired full-service condominiums. It is a rare opportunity to purchase an overly-large (approximately 1,225sf), flexible two-bedroom condo at a price that truly represents exceptional value. With approximately 14' high ceilings in the principle rooms, as well as an over 7' ceiling height in the multi-purpose loft, this apartment is a unique opportunity to acquire a special home in a premier location (just off Park Avenue).

An extraordinary number (10+) of custom-designed closets provides a unique amount of storage in this duplex condominium. Recent renovations created a remarkable chef's kitchen, as well as a gracious stairway leading to the large loft. Enormous windows provide wonderful light all day from this high-floor apartment.

Low monthly common charges only add to its allure. There is a temporary assessment of $369 per month in effect until August 2023 for the building's "Cycle 9" facade work.

Park Avenue Court has one of the most attractive lobbies in New York City, with a soaring 50' high ceiling, as well as a grand staircase to welcome you and your guests to this beautiful building. In addition to the doorman, concierge, and live-in resident manager, Park Avenue Court has every amenity - on-site parking, swimming pool, a fitness club, children's playroom, yoga studio, bicycle room, laundry room, private courtyard garden - all perfectly situated in one of New York's premier neighborhoods.

Its immediate proximity to all forms of public transportation (4/5/6 trains, express buses, etc.) as well as to nearby Central Park (two blocks away), famous museums, and prestigious schools make this a rare opportunity for the buyer who has been searching for that perfect home in a special location.

## Property Details

- **Property Type**: Condominium
- **Beds**: 1
- **Baths**: 1
- **Rooms**: 4
- **Sqft**: 1,225 sqft
- **Stories**: 17
- **Year Built**: 1972
- **Price per Sqft**: $1,041
- **Common Charges**: $1,339 / Monthly
- **Monthly Taxes**: $1,249 / mo
- **Listed On**: Nov 15, 2022
- **Days on Market**: 1402 Days

### Residence Features

- Central Air
- Building Washer Dryer Install Allowed
- Building Other
- Building Courtyard
- Building Roof Deck
- Smoke Free
- Washer Dryer Allowed

## Estimated Monthly Payment

**$9,035 / month**, assuming a 20% down payment ($255,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $6,447
- **Property Taxes**: $1,249
- **Common Charges**: $1,339

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 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

- **This home**: $1,275,000
- **Median sold price**: $1,210,000
- **Difference**: +$65,000 (+5.4%)
- **This home, $/ft²**: $1,041
- **Median $/ft²**: $1,410
- **Comparable sales**: 5
- **Sales from**: October 2021 – January 2026
- **Middle half of those sales**: $950,000 – $1,250,000

Based on one-bedroom sales at Park Avenue Court.

### How these sales were negotiated

- **Typical time to find a buyer**: 32 days (3 sales)
- **Typical time to close**: 69 days (3 sales)

Based on one-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 R18H

Review the recorded listing activity for 120 East 87TH Street, Unit R18H, including asking-price changes and prior market dates.

- **Entered contract**: February 16, 2023

| Date | Price | Listing event |
| --- | --- | --- |
| February 16, 2023 | $1,275,000 | Entered contract |
| November 15, 2022 | $1,275,000 | Listed for sale by Brown Harris Stevens Residential Sales LLC |

## Property Tax History

Taxes at 120 East 87th Street #R18H were $15,989 in 2026, up 2.8% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $133,977 | $13,050 | $120,927 | $127,915 | $15,989 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $133,476 | $13,050 | $120,426 | $124,368 | $15,546 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $125,547 | $13,050 | $112,497 | $123,413 | $15,427 | 12.5% |
| 2023 (FY 2023/24) | $124,106 | $13,050 | $111,056 | $123,463 | $15,435 | 12.502% |
| 2022 (FY 2022/23) | $122,478 | $13,050 | $109,428 | $122,478 | $15,024 | 12.267% |
| 2021 (FY 2021/22) | $116,244 | $13,050 | $103,194 | $116,244 | $14,222 | 12.235% |
| 2020 (FY 2020/21) | $128,696 | $13,050 | $115,646 | $120,113 | $14,734 | 12.267% |
| 2019 (FY 2019/20) | $125,803 | $13,050 | $112,753 | $114,829 | $14,323 | 12.473% |
| 2018 (FY 2018/19) | $127,059 | $13,050 | $114,009 | $110,454 | $13,930 | 12.612% |
| 2017 (FY 2017/18) | $116,479 | $13,050 | $103,429 | $104,512 | $13,293 | 12.719% |
| 2016 (FY 2016/17) | $110,146 | $13,050 | $97,096 | $100,071 | $12,901 | 12.892% |
| 2015 (FY 2015/16) | $102,293 | $13,050 | $89,243 | $96,624 | $12,448 | 12.883% |
| 2014 (FY 2014/15) | $96,320 | $13,050 | $83,270 | $93,058 | $11,963 | 12.855% |
| 2013 (FY 2013/14) | $97,328 | $13,050 | $84,278 | $91,114 | $11,977 | 13.145% |
| 2012 (FY 2012/13) | $94,280 | $13,050 | $81,230 | $88,610 | $11,680 | 13.181% |
| 2011 (FY 2011/12) | $92,909 | $13,050 | $79,859 | $87,463 | $11,749 | 13.433% |
| 2010 (FY 2010/11) | $84,463 | $13,050 | $71,413 | $86,212 | $11,512 | 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 1015151406. 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 3 active listings.

- **Year Built**: 1981
- **Active Units**: 3
- **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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [P12C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/120-east-87th-street-p12c-ny-10128) | 2 | 2 | — | — | $2,150,000 | Compass | Sep 14, 2026 | 2 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 | 7 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 | 6 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 | 1,401 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 | 743 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 | 169 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 | 140 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 |

## 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.