---
title: "506 East 87th Street, New York City, NY 10128"
description: "506 East 87th Street, New York City, NY 10128 — Townhouse in Yorkville, Manhattan, NY. Listing Price $7,649,000. 5 bed, 6 bath, 4,100 sqft Illustrative Buyer Commission Share of $114,735 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/506-east-87th-street-ny-10128"
source: "Real Estate Rebate Team"
dateModified: "2026-09-11T14:19:57.341Z"
status: "Active"
---

# 506 East 87th Street, New York City, NY 10128

Townhouse in Yorkville, Manhattan, NY

Courtesy of Serhant

Last updated: September 11, 2026, 10:19 AM

## At a Glance

- **Listing Price**: $7,649,000
- **Beds**: 5
- **Total Baths**: 6
- **Sqft**: 4,100
- **Monthly Taxes**: $2,941 / mo
- **Price per Sqft**: $1,866
- **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**: $7,649,000
- **Illustrative Buyer Commission Share**: -$114,735*
- **Illustrative Net Cost**: $7,534,265

*Illustrative Buyer Savings of $114,735 — 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)

![506 East 87th Street, New York City, NY 10128 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9edd6a1b-95ff-4c34-93d0-75f586dd1280.jpg)
![506 East 87th Street, New York City, NY 10128 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f15ee168-0c27-40da-a3df-9a05849abca0.jpg)
![506 East 87th Street, New York City, NY 10128 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/05210a7a-67bf-4bf0-ad35-bc5519b54d5f.jpg)
![506 East 87th Street, New York City, NY 10128 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/45a2dcd7-001d-4a7e-b9bf-d3d1ef17c362.jpg)
![506 East 87th Street, New York City, NY 10128 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2699a8c8-f86c-4b0b-a571-83ca405b396b.jpg)
![506 East 87th Street, New York City, NY 10128 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3a633656-6278-46c4-83ae-a75f0b205d71.jpg)
![506 East 87th Street, New York City, NY 10128 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/115620de-41f3-4dfb-8792-626324096149.jpg)
![506 East 87th Street, New York City, NY 10128 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1a3a77fb-aa64-434b-bbb2-ea6a39265d7b.jpg)
![506 East 87th Street, New York City, NY 10128 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/beaea5ed-d031-4e98-bda1-e72664456ad9.jpg)
![506 East 87th Street, New York City, NY 10128 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e0a0cafe-0a6e-4b1d-94aa-720d92a5fa01.jpg)

## Property Overview

Now offered at $7,649,000, 506 East 87th Street presents a rare opportunity to own a move-in ready Upper East Side townhouse with a private garage, expansive outdoor space, and beautifully renovated interiors just moments from Carl Schurz Park.

 Spanning four levels plus a cellar, this 18-foot-wide single-family residence blends timeless architectural character with modern comfort and functionality. Rather than feeling overly formal, the home was carefully reimagined for effortless day-to-day living while still offering the scale and elegance expected of a classic Upper East Side townhouse.

 At the center of the home, the dramatic parlour level showcases soaring ceilings, restored original details, oversized windows, and gracious entertaining spaces filled with natural light. A formal living room anchored by a marble fireplace flows seamlessly into an elegant dining area, while a striking glass extension at the rear draws sunlight deep into the home and creates a beautiful architectural focal point. This level also offers the flexibility for an additional bedroom, office, or guest suite.

 The garden level was designed for comfortable everyday living and easy entertaining. A spacious open kitchen features abundant storage, double ovens, a wine refrigerator, generous prep space, and oversized glass doors that open directly to the landscaped garden, creating a seamless indoor-outdoor connection. Direct access from the private garage adds a level of convenience rarely found on the Upper East Side.

 The upper floors offer five bedrooms, multiple renovated bathrooms, and exceptional flexibility for changing lifestyle needs over time. The primary suite occupies the front portion of the third floor and includes a large walk-through closet along with a spa-like bathroom featuring a soaking tub and double vanity. At the rear of this level, an additional bedroom or office opens onto a beautifully planted private terrace overlooking surrounding gardens. The top floor includes three additional bedrooms, excellent natural light, and a practical layout well suited for guests, offices, or family living.

 Additional highlights include central air conditioning, extensive storage throughout, multiple outdoor spaces, a full cellar with laundry, and annual taxes under $36,000.

 Located on a quiet tree-lined Upper East Side block near Carl Schurz Park, the East River Promenade, Asphalt Green, and many of the neighborhood's most beloved restaurants and schools, 506 East 87th Street offers a rare combination of warmth, scale, privacy, and convenience.

## Property Details

- **Property Type**: Single Family Residence
- **Beds**: 5
- **Total Baths**: 6
- **Rooms**: 9
- **Sqft**: 4,100 sqft
- **Stories**: 1
- **Year Built**: 1899
- **Price per Sqft**: $1,866
- **Monthly Taxes**: $2,941 / mo
- **Listed On**: May 28, 2026
- **Days on Market**: 108 Days

### Residence Features

- Central Air
- Building Other
- Washer Hookup
- In Unit
- Balcony
- Garden
- Private Outdoor Space Over 60 Sqft
- Smoke Free
- Washer Dryer Allowed

## Sales Evidence

### How this price compares

The median closed price for comparable house sales in Yorkville is $4,585,000, based on 10 sales between November 2023 and July 2026. This home is asking $7,649,000, $3,064,000 above that median. The middle half of those sales closed between $2,185,000 and $5,841,250.

- **Median closed price**: $4,585,000
- **Middle half**: $2,185,000 – $5,841,250
- **Based on**: 10 house sales in Yorkville
- **Period**: November 2023 – July 2026
- **Median $/ft²**: $1,488/ft²

Across the 9 of these sales with a published asking price, the median closed at 94.1% of what it originally asked. 78% of them closed below the original ask.

A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Yorkville. Apartment sales are excluded from it entirely.

### How these sales were negotiated

- **Sold vs original ask**: 94.1% of the original ask
- **Closed below ask**: 78% of 9 sales
- **Listed → in contract**: 76 days (about 11 weeks)
- **In contract → closed**: 57 days (about 8 weeks)

Across the 9 of these sales with a published asking price, the median closed at 94.1% of what it originally asked. 78% of them closed below the original ask.

Half of these homes were in contract within 76 days (about 11 weeks) of coming to market, based on the 10 with a recorded listing date.

Once a deal was agreed, closing took a further 57 days (about 8 weeks), based on the 10 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 10 house sales in Yorkville, November 2023 – July 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

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 506 East 87th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/506-east-87th-street)

## Property Tax History

Taxes at 506 East 87th Street were $35,984 in 2026, up 0.8% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $404,880 | $116,100 | $288,780 | $179,159 | $35,984 | 20.085% (estimated) |
| 2025 (FY 2025/26) | $375,840 | $116,100 | $259,740 | $177,814 | $35,714 | 20.085% (estimated) |
| 2024 (FY 2024/25) | $348,180 | $116,100 | $232,080 | $167,749 | $33,692 | 20.085% |
| 2023 (FY 2023/24) | $375,120 | $116,100 | $259,020 | $158,256 | $31,786 | 20.085% |
| 2022 (FY 2022/23) | $355,620 | $116,100 | $239,520 | $149,299 | $30,321 | 20.309% |
| 2021 (FY 2021/22) | $377,280 | $116,100 | $261,180 | $149,299 | $29,805 | 19.963% |
| 2020 (FY 2020/21) | $351,180 | $116,100 | $235,080 | $148,178 | $31,184 | 21.045% |
| 2019 (FY 2019/20) | $407,340 | $116,100 | $291,240 | $139,791 | $29,590 | 21.167% |
| 2018 (FY 2018/19) | $131,880 | — | — | $131,880 | $27,588 | 20.919% |
| 2017 (FY 2017/18) | $124,416 | — | — | $124,416 | $25,362 | 20.385% |
| 2016 (FY 2016/17) | $124,416 | — | — | $124,416 | $24,872 | 19.991% |
| 2015 (FY 2015/16) | $123,482 | — | — | $123,482 | $24,146 | 19.554% |
| 2014 (FY 2014/15) | $116,493 | — | — | $116,493 | $22,317 | 19.157% |
| 2013 (FY 2013/14) | $109,900 | — | — | $109,900 | $21,091 | 19.191% |
| 2012 (FY 2012/13) | $103,680 | — | — | $103,680 | $19,252 | 18.569% |
| 2011 (FY 2011/12) | $103,680 | — | — | $103,680 | $18,875 | 18.205% |
| 2010 (FY 2010/11) | $102,902 | — | — | $102,902 | $17,868 | 17.364% |

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 1015830048. 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

### 506 East 87th Street

Upper East Side · Townhouse

506 East 87th Street, New York, NY 10128

A Townhouse in Upper East Side built in 1899.

- **Year Built**: 1899
- **Total Units**: 1
- **Floors**: 1

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/506-east-87th-street)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10128/506-east-87th-street-ny-10128) | 5 | 6 | 4,100 sqft | $1,866 | $7,649,000 | Serhant | May 28, 2026 | 107 days |

## Estimated Monthly Payment

**$41,619 / month**, assuming a 20% down payment ($1,529,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $38,678
- **Property Taxes**: $2,941

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

## Yorkville

Overview of Yorkville

[Explore Yorkville](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/yorkville) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Yorkville

- [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

- [506 East 87th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/506-east-87th-street)
- [Yorkville neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/yorkville)
- [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.