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for saleRealtyLens property overview
$7,500,000
120 W 87th St
Manhattan, NY, 10024
View more Manhattan, NY property pages6Beds
3.5Baths
4,950Sqft
$1515$/sqft
Market Insights
Below nearby median-35%
$1515/sqft vs a nearby median of $2321/sqft.
Nearby median$2321/sqft
Nearby properties12
Property size4,950 sqft
- -35% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 4,950 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$12M$11M – $13M · 50% confidence
vs ask $7.50M−$4.25M (−56.7%)
Asking price is about 56.7% below the fair value — likely to draw competing offers if it's still on market.
$2,351/sqft median across 8 tight comps × 4,950 sqft= $12M
- Days-on-market gravity−$349k −3.0%
- Transit access+$291k +2.5%
- Pre-war character+$291k +2.5%
- Virtually staged−$116k −1.0%
Cumulative NYC adjustments+$116k+1.0%
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.
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Listing Details
- Days on market
- 410 days
- Last price change
- No change recorded
- Listed
- Mar 28, 2025
- Photos
- 15 photos
- Property type
- single family
- Status
- for sale
Photos
Building Facts
- Year built
- 1888
- Stories
- 3
- Total units
- 2
- Residential units
- 2
- Building area
- 4,812 sqft
- Lot size
- 1,812 sqft
- Land use
- One and two family buildings
- Building class
- B3
From NYC public records where available.
Price History
May 4, 2026Initial record
$7,500,000for sale