--- title: "245 East 87th Street #PH, New York City, NY 10128" description: "245 East 87th Street #PH, New York City, NY 10128 — Upper East Side, New York City, NY. Listing Price $2,999,000. 4 bed, 3 bath Illustrative Buyer Commission Share of $44,985 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/245-east-87th-street-ph-ny-10128" source: "Real Estate Rebate Team" dateModified: "2026-09-14T16:12:01.595Z" status: "Active" --- # 245 East 87th Street #PH, New York City, NY 10128 Upper East Side, New York City, NY Courtesy of Compass Last updated: September 14, 2026, 12:12 PM ## At a Glance - **Listing Price**: $2,999,000 - **Beds**: 4 - **Baths**: 3 - **Common Charges**: $5,870 / mo - **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**: $2,999,000 - **Illustrative Buyer Commission Share**: -$44,985* - **Illustrative Net Cost**: $2,954,015 *Illustrative Buyer Savings of $44,985 — 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) ![245 East 87th Street #PH, New York City, NY 10128 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a21f5a47-8f24-4484-930b-810c918a3139.jpg) ![245 East 87th Street #PH, New York City, NY 10128 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6c586ecb-5952-467e-8304-f211bc42fcb1.png) ![245 East 87th Street #PH, New York City, NY 10128 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f7ba9753-0e3f-4dc0-876e-d6a82d21417b.jpg) ![245 East 87th Street #PH, New York City, NY 10128 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/fcb47182-cb71-4728-a153-30b1ccb1e6e2.jpg) ![245 East 87th Street #PH, New York City, NY 10128 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/28db0bc6-1ce9-41c5-af51-90bc06d48fce.jpg) ![245 East 87th Street #PH, New York City, NY 10128 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1cb24cad-81d6-4dbb-88cf-fbce498f121d.jpg) ![245 East 87th Street #PH, New York City, NY 10128 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/07ea6570-3e06-4ca8-a9d1-75535d63e1f6.jpg) ![245 East 87th Street #PH, New York City, NY 10128 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/836bb6a8-536e-4c1c-aee8-cb2e7dd23c3a.jpg) ![245 East 87th Street #PH, New York City, NY 10128 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/60969b0c-6fbc-43f1-86a3-530c05557552.jpg) ![245 East 87th Street #PH, New York City, NY 10128 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/717a111b-bbc5-4bf5-8d75-21a8a3120f2c.jpg) ## Property Overview Make this spacious and sunny, 3-4 bedroom, 3-bathroom Penthouse apartment with four private terraces your new home! With an open layout and grandly proportioned rooms, your new penthouse features an expansive living and dining room with an open chef's style kitchen. There are two south-facing terraces off of the living room and kitchen providing beautiful light and extraordinary city views. Sliding doors connect a spacious den to the living room offering the option of a private enclosed room or an extension to the living spaces. A sizable, additional terrace is accessed from this room facing north offering more iconic open city views. There are also HVAC units throughout and your own laundry room with in-unit washer and dryer. The king-sized primary bedroom boasts its own private, south-facing terrace, a walk-in closet, and full wall of built-in storage. The ensuite primary bathroom is appointed with a double vanity, deep soaking tub, and separate standing shower. The second bedroom is nearly as large as the primary bedroom and also features a walk-in closet and ensuite bathroom. A third bedroom or home office is also generous in size and could easily accommodate a queen sized bed and is conveniently located near the third full bathroom. 245 East 87th Street is a highly sought after cooperative in the heart of the Upper East Side with 24-hour doorman, excellent live-in superintendent, stunning roof deck and common courtyard, garage, bike storage and laundry room. Residents love the convenience of the location—surrounded by restaurants, cafes, nightlife, shopping, easy access to public transportation, and all area amenities. Pets are welcome! *Shareholders save on electric and are billed using a bulk rate. The Penthouse' monthly utility charge is $489.27/month. ## Property Details - **Property Type**: Co-op - **Beds**: 4 - **Baths**: 3 - **Rooms**: 6 - **Stories**: 21 - **Year Built**: 1966 - **Common Charges**: $5,870 / Monthly - **Listed On**: Sep 14, 2026 - **Days on Market**: 1 Days ### Residence Features - Building Washer Dryer Install Allowed - Common On Floor - Common Area - In Unit - Garage - Balcony - Building Roof Deck - Private Outdoor Space Over 60 Sqft - Double Vanity - Entrance Foyer - Granite Counters - Dryer - Washer - City ### Building Amenities - Garage ## Sales Evidence ### Recent closed sales 26 apartments at The Mayflower have recorded sales since September 2021, the most recent for $680,000 in April 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 7E (Apartment) | 1 | — | $680,000 | — | April 10, 2026 | City record · MLS | | 7-C (Apartment) | 1 | 800 | $775,000 | $969/ft² | March 25, 2026 | City record · MLS | | 4-D (Apartment) | 1 | 800 | $680,000 | $850/ft² | November 19, 2025 | City record · MLS | | 14C (Apartment) | 1 | 815 | $725,000 | $890/ft² | September 26, 2025 | City record · MLS | | 5F (Apartment) | — | — | $1,230,000 | — | April 30, 2025 | City record | | 8-E (Apartment) | 1 | 828 | $780,000 | $942/ft² | March 11, 2025 | City record · MLS | | 7F (Apartment) | 2 | 1,400 | $1,525,000 | $1,089/ft² | March 3, 2025 | City record · MLS | | 9C (Apartment) | Studio | 1,056 | $725,100 | $687/ft² | February 6, 2025 | City record | | 19A (Apartment) | 3 | 1,475 | $1,737,500 | $1,178/ft² | January 30, 2025 | City record · MLS | | 5C (Apartment) | 1 | 815 | $750,000 | $920/ft² | June 24, 2024 | City record · MLS | | 3E (Apartment) | 1 | 850 | $789,144 | $928/ft² | May 31, 2024 | City record · MLS | | 7D (Apartment) | 1 | — | $727,500 | — | October 12, 2023 | City record · MLS | | 14-A (Apartment) | 2 | 1,300 | $1,300,000 | $1,000/ft² | August 31, 2023 | City record · MLS | | 12G (Apartment) | 1 | 870 | $565,000 | $649/ft² | April 27, 2023 | City record · MLS | | 10FG (Apartment) | 4 | 2,300 | $2,500,000 | $1,087/ft² | April 20, 2023 | City record · MLS | | 7-C (Apartment) | 1 | 800 | $575,000 | $719/ft² | January 23, 2023 | City record · MLS | | 5-A (Apartment) | 2 | — | $1,175,000 | — | December 13, 2022 | City record · MLS | | 11A (Apartment) | 2 | 1,300 | $1,245,000 | $958/ft² | October 12, 2022 | City record · MLS | | 5G (Apartment) | 1 | 850 | $620,000 | $729/ft² | June 9, 2022 | City record · MLS | | 10BC (Apartment) | — | — | $2,050,000 | — | May 20, 2022 | City record | | 9-A (Apartment) | 3 | 1,300 | $1,400,000 | $1,077/ft² | May 16, 2022 | City record · MLS | | 5E (Apartment) | — | — | $710,000 | — | May 11, 2022 | City record | | 14B (Apartment) | 2 | — | $1,120,000 | — | May 2, 2022 | City record · MLS | | 16BC (Apartment) | 3 | — | $1,950,000 | — | April 5, 2022 | City record · MLS | | 6-C (Apartment) | 1 | 825 | $665,000 | $806/ft² | March 3, 2022 | City record · MLS | | 4B (Apartment) | 2 | 1,250 | $1,095,000 | $876/ft² | September 17, 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 co-op four-bedroom sales in Upper East Side is $3,862,500, based on 31 sales between September 2024 and June 2026. This home is asking $2,999,000, $863,500 below that median. The middle half of those sales closed between $2,975,000 and $5,175,000. - **Median closed price**: $3,862,500 - **Middle half**: $2,975,000 – $5,175,000 - **Based on**: 31 co-op four-bedroom sales in Upper East Side - **Period**: September 2024 – June 2026 Square footage is recorded for only 14 of these 31 sales (45%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. Across the 29 of these sales with a published asking price, the median closed at 93.7% of what it originally asked. 79% of them closed below the original ask. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Upper East Side instead. ### How these sales were negotiated - **Sold vs original ask**: 93.7% of the original ask - **Closed below ask**: 79% of 29 sales - **Listed → in contract**: 80 days (about 11 weeks) - **In contract → closed**: 115 days (about 16 weeks) Across the 29 of these sales with a published asking price, the median closed at 93.7% of what it originally asked. 79% of them closed below the original ask. Half of these homes were in contract within 80 days (about 11 weeks) of coming to market, based on the 29 with a recorded listing date. Once a deal was agreed, closing took a further 115 days (about 16 weeks), based on the 29 with both dates recorded. A co-op board package and its interview account for much of that. 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 31 co-op four-bedroom sales in Upper East Side, September 2024 – June 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 The Mayflower, 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 | $1,061/ft² | 7 | | 2018 | $1,040/ft² | 5 | | 2020 | $665/ft² | 5 | | 2023 | $859/ft² | 5 | | 2025 | $916/ft² | 7 | 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 The Mayflower](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-mayflower) ## Price and Property History for 245 East 87th Street, Unit PH Review the recorded listing activity for 245 East 87th Street, Unit PH, including asking-price changes and prior market dates. | Date | Price | Listing event | | --- | --- | --- | | June 12, 2026 | $3,100,000 | Asking price reduced by $200,000, or 6.1% | | February 4, 2026 | $3,100,000 | Listed for sale by Compass | | August 5, 2025 | $3,300,000 | Listed for sale by Compass | | August 5, 2025 | $2,999,000 | Listed for sale by Compass | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 118 apartments. The corporation’s 2026 property tax bill was $2,104,409 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for The Mayflower](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-mayflower) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### The Mayflower Yorkville · Stock Cooperative 245 East 87th Street, New York, NY 10128 A building in Yorkville, currently featuring 3 active listings. - **Year Built**: 1964 - **Total Units**: 3 - **Floors**: 21 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-mayflower) ### Available Residences — For Sale (3) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [PH](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/245-east-87th-street-ph-ny-10128) | 4 | 3 | — | — | $2,999,000 | Compass | Sep 14, 2026 | 1 days | | [18F](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/245-east-87th-street-f-18F-ny-10128) | 1 | 1 | — | — | $1,150,000 (-4.2%) — In contract | Serhant | Feb 9, 2026 | 218 days | | [17C](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/245-east-87th-street-c-17C-ny-10128) | 1 | 1 | — | — | $799,000 — In contract | Compass | Apr 7, 2026 | 161 days | ## Estimated Monthly Payment **$21,035 / month**, assuming a 20% down payment ($599,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $15,165 - **Common Charges**: $5,870 Estimates only. Actual payments may vary. Confirm terms with your lender. ## 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) ## Upper East Side Overview of Upper East Side [Explore Upper East Side](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Upper East Side - [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 - [The Mayflower — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/the-mayflower) - [Upper East Side neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/upper-east-side) - [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.