The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$1,100,000
55 E 87th St Ste 1C
New York, NY, 10128
View more New York, NY property pagesStudioBeds
2Baths
1,432Sqft
$768$/sqft
Listing Notes
Available for sale, 55 East 87th Street, Suite 1C, located on the Upper East Side between Madison Avenue and Park Avenue, is a low-maintenance co-op ideal for a variety of medical practices. The office features four oversized rooms, a waiting and reception area, a kitchen, and two restrooms. This 1, 432 square-foot suite is adaptable to any medical specialty. 55 East 87th Street is easily accessible by public transportation via the 4, 5, 6, N, Q and R trains at 86th St as well as Upper East Side bus routes. The building is proximate to Lenox Hill Hospital, Mount Sinai, and NYC Health + Hospitals. For current maintenance and flip tax, please see the brochure below. Owner financing available.
Market Insights
Below nearby median-53%
$768/sqft vs a nearby median of $1617/sqft.
Nearby median$1617/sqft
Nearby properties8
Property size1,432 sqft
- -53% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,432 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$2.28M$2.02M – $2.54M · 25% confidence
vs ask $1.10M−$1.18M (−107.4%)
Asking price is about 107.4% below the fair value — likely to draw competing offers if it's still on market.
$1,617/sqft median across 3 tight comps × 1,432 sqft= $2.32M
- Transit access+$58k +2.5%
- Mid-century building era−$35k −1.5%
- Visible condition issues−$35k −1.5%
- Virtually staged−$23k −1.0%
Cumulative NYC adjustments−$35k−1.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read
Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.
Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 36 days
- Last price change
- No change recorded
- Listed
- Apr 6, 2026
- Photos
- 12 photos
- Property type
- coop
- Status
- for sale
- Last sold
- Apr 9, 2019 · $875,000
Features & Amenities
Central AirDoormanElevatorRental PropertyOfficeMedicalcare
Photos
Building Facts
- Year built
- 1963
- Stories
- 14
- Total units
- 129
- Residential units
- 120
- Building area
- 3.60 ac
- Lot size
- 18,079 sqft
- Land use
- Multi-family elevator buildings
- Building class
- D4
From NYC public records where available.
Price History
May 4, 2026Initial record
$1,100,000for sale
Public Records
DOB violations4 open
35 total recorded against the building
HPD violations1 open
22 total recorded
ACRIS documents148
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)11,037
Top: noise - residential
Top complaint types in ZIP 10128
- Noise - Residential1,076
- Illegal Parking1,067
- HEAT/HOT WATER977
- Street Condition559
- UNSANITARY CONDITION486
Recent DOB
- Dec 4, 2020V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- Sep 13, 2018V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- Sep 13, 2018V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
- Sep 13, 2018V*-DOB VIOLATION - Resolved · E-ELEVATOR ELEVATORREQUIRED
Recent HPD
- Oct 1, 2015Class I · SECTION27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE ?27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PRO...
- Jun 16, 2015Class B · SECTION 27-2005, 2007 ADM CODE ARRANGE AND MAKE SELF-CLOSING THE DOORS ENTRANCE LOCATED AT APT 15E, 15th STORY, 1st APARTMENT FROM SOUTH AT WEST
- Jun 16, 2015Class A · SECTION 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT CEILINGS AND WALLS IN THE ENTIRE APARTMENT LOCATED AT APT 15E, 15th STORY, 1st APA...
- Jun 2, 2015Class B · SECTION 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR SOUTH ,EAST AND WEST WALL IN THE 1st ROOM FROM EAST AT SOUTH LOCATED AT A...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.