RealtyLens
for saleRealtyLens property overview
$700,000

110 E 87th St Apt 3F

Manhattan, NY, 10128
View more Manhattan, NY property pages
StudioBeds
1Baths
507Sqft
$1381$/sqft

Listing Notes

Upper East Side Studio Condo Investment Opportunity with Tenant in Place | Park Avenue Area Welcome to a rare investment opportunity in the heart of the Upper East Side, just off Park Avenue. This corner studio condo in a charming pre-war Art Deco building offers a perfect blend of classic elegance and functional design, ideal for investors or future owners. Spanning a thoughtfully laid-out space, the unit features high ceilings, gleaming hardwood floors, and dual exposures to the south and east, filling the home with natural light. The updated windowed kitchen includes stone countertops and stainless steel appliances, complementing a layout that allows for dedicated dining, living, and work areas while comfortably accommodating a queen or king-size bed. With four generous closets, a dressing room, and a built-in cabinet in the living area, this studio maximizes storage and functionalityrare for a Manhattan studio. Currently tenant-occupied through 9/1/2026 at $3, 250/month, this condo is ideal for investors seeking a reliable income stream or buyers planning a future personal move in one of Manhattan's most desirable neighborhoods. Located steps from the 86th St. Express Subway, Central Park, and Museum Mile, the building offers full-service amenities including a 24-hour concierge, live-in superintendent, and more. With limited studio inventory in this area, this property represents a rare opportunity to own a high-demand Upper East Side condo with strong rental potential. All showings are by appointment with 24-hour notice.

Market Insights

Above nearby median+50%

$1381/sqft vs a nearby median of $922/sqft.

Nearby median$922/sqft
Nearby properties12
Property size507 sqft
  • +50% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 507 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$507k$457k$557k · 42% confidence
vs ask $700k+$193k (+27.6%)

Asking price is about 27.6% above where comps + adjustments land — there is room to negotiate.

$922/sqft median across 5 tight comps × 507 sqft= $467k
  • Transit access+$19k +4.0%
  • Pre-war character+$12k +2.5%
  • High-density walkability+$9k +2.0%
Cumulative NYC adjustments+$40k+8.5%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position+50% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read3 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
34 days
Last price change
No change recorded
Listed
Apr 8, 2026
Photos
9 photos
Property type
condos
Status
for sale
Last sold
Jul 19, 2019 · $595,000

Features & Amenities

DoormanElevatorSecurity FeaturesDishwasherUpdated KitchenHigh CeilingRental PropertyInvestment OpportunityHardwood FloorsDenFixer Upper

Photos

Building Facts

Year built
1939
Stories
13
Total units
67
Residential units
64
Building area
1.14 ac
Lot size
7,520 sqft
Land use
Mixed residential and commercial buildings
Building class
RM

From NYC public records where available.

Price History

May 4, 2026Initial record
$700,000for sale

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.