517 East 87th Street, #4W, New York (Upper East Side), NY, 10128 | $665,000

Experience the timeless appeal of prewar living in this spacious one-bedroom apartment with a lofted sleeping area, located at 517 East 87th Street, #4W. Nestled on a picturesque, tree-lined street in the heart of the Upper East Side, this home offers nearly 10-foot ceilings, eight windows with three exposures (South, West, and North), charming exposed red brick, and beautiful hardwood floors throughout.

The apartment features a kitchen with two windows, a windowed bathroom, and generously sized living/dining areas and in unit washer/dryer. The master bedroom is bathed in natural light, with southern exposure and serene treetop views, while the lofted sleeping area offers a versatile bonus space.

517 East 87th Street is a well-maintained boutique cooperative, where gifting, co-purchasing, guarantors, and pied-terres are considered on a case-by-case basis. Additionally, central AC has been installed in the neighboring unit, should you wish to update.

Conveniently located near the Second Avenue subway line, as well as the 4, 5, and 6 trains on Lexington Avenue, this building is just one block from the iconic Carl Schurz Park and Gracie Mansion. 4W is just steps away from the serene Peter Pan Garden, located at the cul-de-sac at the base of East 87th Street, within the beloved Carl Schurz Park. This popular park stretches from 90th to 84th Street, offering a range of amenities that outdoor enthusiasts will love, including pickleball courts, dog runs, a spacious playground, expansive lawns, and direct access to the East River for scenic walks and runs.

Enjoy easy access to nearby grocery stores and a variety of restaurants, making this an ideal place to call home. For car owners, the location is particularly convenient, with easy access to the FDR and available street parking nearby. Contact Brown Harris Stevens for any direct listing questions

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 5
  • Amenities: Laundry Room; Private Storage;
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: None
  • Year Built: 1889
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Building Access : Walk-up
  • Service Level: Voice Intercom
  • OLR#: RPLU21923349514
  • Days on Market: 61 days
  • Website: https://www.raveis.com
    /prop/RPLU21923349514/517east87thstreet_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 Brown Harris Stevens Residential Sales LLC

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

517 East 87th Street, #4W, New York (Upper East Side), NY, 10128

$665,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $532,000 $532,000 $532,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.944% 7.025% 6.046%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,276 $3,495 $4,418
Total Monthly Payment $3,368 $3,587 $4,510

* 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.