120 East 87th Street, #R22CD, New York (Upper East Side), NY, 10128 | $11,700,000

Discover an extraordinary residence in the heart of the Upper East Side-a luxurious home crafted from the seamless combination of three apartments, epitomizing sophistication and style. Perched on a high floor of Park Avenue Court, a renowned full-service building, this one-of-a-kind property features soaring ceilings up to 14 feet and an incredible 2, 500 square feet of outdoor space. This meticulously designed residence offers an exclusive living experience.

Upon entering, the foyer welcomes you with custom-designed, double and triple-paned windows that flood the space with natural light while ensuring tranquility. Expansive wall space throughout the home provides the ideal setting for an art collection, allowing you to showcase pieces beautifully against the abundant sunlight streaming through oversized windows.

The grand living room, with its impressive 13-foot ceilings and expansive windows, creates an atmosphere of elegance, while the adjacent dining area comfortably accommodates over a dozen guests, perfect for memorable gatherings.
The generously sized chef's kitchen is both stylish and functional, featuring ample cabinetry, sleek countertops, and high-end appliances, including a Viking range, Sub-Zero refrigerator-freezers, and a Miele dishwasher. A cozy, windowed breakfast nook enhances this culinary space.

The Primary Bedroom suite is a retreat, offering a spacious seating area, king-sized bed, custom walk-in closet, and a luxurious en-suite bath with a stand-in shower, Jacuzzi tub, soaking tub, and bidet. The West wing reveals a second primary suite with a lofted bed space, spacious living area, walk-in closet, and en-suite bath with a soaking tub and direct access to the expansive outdoor area. A third bedroom, currently styled as a sophisticated home office with high ceilings and a gas fireplace, offers versatility, while the fourth and fifth bedrooms provide generous space, ample storage, and towering 14-foot ceilings. The sprawling outdoor terrace, with Northern, Eastern, and Western exposures, offers various seating, dining, and entertainment areas, perfect for enjoying the cityscape.

This home is designed with convenience in mind, featuring oversized cedar-lined closets, a well-equipped laundry room with a sink, and individual central air conditioning units, along with PTAC units for reliable climate control. The floor is shared with just one other residence, ensuring privacy.

Park Avenue Court boasts a grand lobby with 50-foot ceilings, a nod to its history as the former Gimbel's Department Store. The building offers numerous amenities, including on-site parking, an indoor pool, a state-of-the-art gym with a yoga room, a private terrace on the lobby level, 24/7 door attendants, a resident manager, and storage facilities. This pet-friendly residence is ideally situated in Carnegie Hill, close to premier schools, dining, boutiques, and transit, providing a rare opportunity to enjoy the finest in Upper East Side living.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 24
  • Amenities: Bike Room; Garage; Courtyard; Garden; Health Club; Pool; Laundry Room; Nursery; Lounge; Roof Deck; Common Storage; Private Storage For Fee;
  • Rooms: 9
  • Bedrooms: 5
  • Baths: 4 full / 1 half
  • Complex: Park Avenue Court
  • Year Built: 1990
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Balcony: Yes
  • Building Access : Elevator
  • Health Club: Yes
  • Service Level: Full Service
  • Doorman: FullTime
  • LobbyAttendant: FullTime
  • OLR#: RPLU33423247130
  • Days on Market: 14 days
  • Website: https://www.raveis.com
    /prop/RPLU33423247130/120east87thstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Corcoran Group

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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  • Provides a guaranteed closing date that meets your needs
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

120 East 87th Street, #R22CD, New York (Upper East Side), NY, 10128

$11,700,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $9,360,000 $9,360,000 $9,360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.396% 5.990%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $53,145 $57,631 $77,726
Total Monthly Payment $53,270 $57,756 $77,851

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.