309 East 87th Street #5-OP, New York City, NY 10128
Listing Courtesy of SAMUEL REALTY GROUP LLC
$1,695,000
Potential Rebate: $25,425
Overview
Rare Upper East Side 4 bedroom available for sale. Welcome to Apartment 5OP, two apartments combined to offer one grand home! This one-of-a-kind floor plan offers 4 bedrooms, 2 bathrooms, dual exposure, tree-lined views, and enormous closet space. The apartment’s front door leads to the open kitchen and flowing living/dining space. The apartment’s focal point is the renovated kitchen with 13ft of granite countertop seating, abundant cabinets, stainless steel full-size appliances, and southern sunlight. The generous glass cabinet pantry is a full wall of additional kitchen storage. Split bedrooms with each of the 4 bedrooms located in different wings of the apartment and with close access to a home office and/or playroom (formerly the kitchen in Apartment 5O). Each of the bedroom wings consist of a full bathroom with a tub shower. In total, there are 9 closets throughout the apartment (not including the home office). Additional apartment highlights include: hardwood floors, recessed lights on dimmer switches, window treatments, and through-the-wall ac units (in every room). Priced to sell, don't wait to make Apartment 5OP your next home.<br><br>309 East 87th Street is a full service co-operative building located on 87th Street between 1st and 2nd Avenue. The building’s first-class staff, including the 24/7 doorman service, live-in superintendent, and handymen/porters, constantly deliver top notch building common areas. The lobby and hallways have been fully renovated, elevators have been replaced, as well as various other capital improvements including the outdoor garden/courtyard. There is a residents only parking garage (with a waitlist). Optimally located; only one block from the nearest Q subway stop, close to convenient shopping like Whole Foods and Fairway as well as Carl Schurz Park and Central Park. Pets are allowed. Storage and bike storage. Laundry room located on lobby level (and not in basement).
Home Features
- •Wall Unit(s)
- •Common Area
- •Building Storage
- •Building Garden
- •Entrance Foyer
- •Kitchen Window
- •Pantry
Estimated Monthly Payment
$12,526 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$25,425
Monthly savings impact
$71/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
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Listings
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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of SAMUEL REALTY GROUP LLC
Data Source: TRESTLE #RLS20049374
Price Analysis
Compare average listing prices and value metrics for 309 East 87th Street against the surrounding Upper East Side market.
Average List Price
Price Per SqFt
28.52% Lower
than the Upper East Side price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Upper East Side
Overview of Upper East Side
The Upper East Side (UES) is the epitome of classic New York wealth and culture. Stretching from Central Park to the East River, it is home to Museum Mile, Madison Avenue fashion, and some of the most prestigious addresses in the world. For buyers seeking Upper East Side Manhattan real estate, it offers a lifestyle of polished elegance and safety.
Living in the Upper East Side ranges from the ultra-luxury of Fifth Avenue to the bustling, younger energy of Second Avenue. As a premier Manhattan NYC neighborhood, it remains the gold standard for residential stability and top-tier schools.
Real Estate & Housing Market
The market for homes for sale in the Upper East Side is surprisingly diverse. While famous for $20 million townhouses and co-ops, the eastern avenues (Yorkville) offer excellent value for studios and one-bedrooms.
It is valid to say it has two markets: the "Gold Coast" west of Lexington (historic, expensive, co-op heavy) and the area east of Lexington (more condos, more rentals, more affordable).
Lifestyle & Community
The lifestyle on the UES is refined. Residents spend weekends at the Met or the Guggenheim, jogging in Central Park, and dining at established bistros. It is less trendy than downtown but more livable.
The community is generational. You will see grandmothers and toddlers who both grew up in the neighborhood. It feels established, clean, and manicured.
Transportation & Accessibility
The Upper East Side was transformed by the Second Avenue Subway (Q train), which relieved pressure on the 4/5/6 line. Now, the area feels incredibly connected to Midtown and downtown.
The crosstown buses through the park (at 65th, 79th, 86th, 96th) are vital lifelines to the West Side.
Parks, Schools & Amenities
Central Park is the neighborhood's front yard. Carl Schurz Park on the East River is a hidden gem with a dog run and promenade.
Amenities are world-class. The area has the highest concentration of private schools in the city (Dalton, Spence, Chapin) and top hospitals (Lenox Hill, Mt Sinai), making it a magnet for families and professionals.
Who This Neighborhood Is Best For
The Upper East Side is best for families, culture lovers, and anyone who wants a classic, safe, and green New York City experience.
