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In Contract

The Parc, 55 East 87th Street, #5FG

$1,950,000 | 3 beds, 3 baths
Building Profile  | 
288 days on Market

Key Details

  • Listed: Feb 7, 2024
    Last Price Change: ($350,000) on Apr 16
    Days on Market: 288
    Building Type: Cooperative
    Neighborhood: Carnegie Hill (Manhattan)
    Doorman: FT Doorman
    Listing viewed 188 times
Monthly Maintenance: $4,311
Est. Monthly Mortgage: $9,054
Total Est. Monthly Carrying Cost: $13,365
Note: the above is based on a down payment of 30% ($585,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Building Features: The building boasts multiple balconies, a full-time doorman for added security, a full-service cooperative with live-in super and onsite building manager, an on-site garage with direct access into the building, and amenities such as a laundry room, bike storage, and a communal garden.
  • Spacious Apartment: The apartment offers potential for 3 or 4 bedrooms, combined, open and expansive living room/dining area, a separate breakfast area and den, and south facing rooms over 87th Street.
  • Convenience and Storage: The unit comes with an in-unit laundry room and plenty of storage with manifold closets.
  • Pet-Friendly: The building is pet-friendly, allowing residents to enjoy their stay with their beloved pets.
  • Nearby Attractions: The apartment is on a quiet street with Central Park and the Guggenheim Museum nearby, and plenty of shopping and dining options in the area.
  • Prime Location: This spacious apartment is located in the prime Carnegie Hill neighborhood, with close proximity to major cultural institutions, private schools, religious institutions, and excellent public transportation options including bus service and a nearby express subway station.

Description

SIGNIFICANT PRICE REDUCTION -- OPPORTUNITY KNOCKS FOR PRIME CARNEGIE HILL LOCATION ON SUPERIOR BLOCK!

STRICTLY BY APPOINTMENT S

Offered for the first time since the 1960s, this spacious Upper East Side, full service, 2 Bedroom (could be 3 or 4 bedroom), 3 Bathroom apartment in post-war coop features a wonderful sprawling layout, with all South facing rooms over 87th Street; a combined, opened and expansive living room/dining area, separate breakfast area and den, with laundry room, manifold closets, large rooms, and charm throughout.

Incredible opportunity for the savvy and value-driven buyer to create a large aerie masterpiece- bring your architect!

The Parc is an elegant full-service cooperative with live-in super and onsite building manager, an on-site garage with direct access into the building, laundry room, bike storage, and a communal garden that runs the full length of the building. 65% financing, co-purchasing, guarantors, and pets are permitted.

Assessment of $275 through 2024 for capital improvements.

Please note the possible alternative floor plan, virtually rendered photos, and virtual tour are the lead images with existing plan and existing photos following.

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Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About The Parc, 55 East 87th Street

47

The Parc, 55 East 87th Street has received a CityRealty Rating of 47, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

16
Out of 44
+
20
Out of 36
+
11
Out of 39
=
47
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Attractive 4 out of 8 points
Retail Quality:
None 2 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Not Visible 0 out of 2 points
Local Visibility:
Partially Visible 1 out of 2 points
Watertank:
Enclosed 1 out of 2 points
Airconditioners:
Discrete 1 out of 2 points
Free Standing:
No 0 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Average Mix 2 out of 5 points
Distance To Neighborhood Center:
More than 50 blocks 0 out of 5 points
Views:
Unexciting 1 out of 4 points
Neighborhood Ambience:
Very Attractive 3 out of 3 points
Traffic Noise:
Very Little 3 out of 3 points
Protected Views:
None 0 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
Less than 3 Short Blocks 2 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
3-6 Short Blocks 1 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Quite Stylish 3 out of 5 points
Units Per Floor:
5-9 2 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
None 0 out of 3 points
Health Club:
None 0 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Minimal 1 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
None 0 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
None 0 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
Yes 1 out of 1 points
Other Amenities:
Some 1 out of 2 points

Building Amenities

  • FT Doorman
  • Post War
  • Full Service Garage
  • Washer/Dryer in building
  • Elevator

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Pros
  • Prime Carnegie Hill Location
  • Doorman
  • Close to many major cultural institutions
  • Close to many leading private schools
  • Excellent Bus Service
  • Many Balconies
  • Not far from express subway station
Cons
  • No health club
  • No sundeck
  • No concierge
  • Step-up entrance
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Subways

  1. 4
  2. 5
  3. 6
at Lexington Ave 0.16 miles

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