NOT LISTED FOR SALE

Estimated Value: $4,171,000 - $5,428,000

3 Beds
3.5 Baths
3,160 Sq Ft
$1,536/Sq Ft Est. Value

Sale Details

Date Sold: October 15, 2020

Last sale price $5,400,000 $1,709 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $30,168 / mo

62 Days on Market

Highlights

  • Pre War Building
  • Eat-In Kitchen
  • Garden
  • P.S. 151 Yorkville Community School Rated A
  • Entrance Foyer
  • 3-minute walk to Carl Schurz Park

About This Home

As of October 2020

Meticulously and beautifully renovated, 530 East 87th Street is perfectly situated just off Carl Schurz Park on one of the Upper Eastside's most picturesque residential blocks. Originally built in the 1870s by the Astor family and previously owned by a granddaughter of Theodore Roosevelt, this stunning limestone four-story residence has been transformed by AD Top 100 interior designer, Jeffrey Bilhuber and was featured in Architectural Digest. The home's flow of perfectly scaled rooms creates ideal spaces for both everyday living and formal entertaining. The highest quality design, craftsmanship, finishes, and custom details were used throughout. The luxurious home has a south-facing landscaped garden, four wood burning fireplaces with the original restored marble mantels, E.R. Butler hardware, Von Morris doorknobs and hinges, polished nickel Waterworks fixtures, custom millwork, specialty paint finishes and custom wall coverings. The mechanicals have all been updated and include four-zone central air conditioning, Lutron lighting, and a built-in music system with Bose speakers. GARDEN FLOOR:
Entering through a lush landscaped forecourt, the garden level opens onto an exquisite entrance gallery. Through pocket doors is a study or home office with two large windows, a walk-in coat closet and a powder room. There is a gourmet eat-in kitchen which is superbly appointed with Italian Calacatta Gold marble countertops, custom cabinetry, a large center island that seats four, and excellent pantry storage. The kitchen is equipped with top-of-the-line appliances including a Subzero refrigerator and two freezer drawers, two additional Subzero refrigerator drawers, a Miele dishwasher, a Diva five-burner induction cooktop with a vented hood, a Wolf oven, microwave, and warming drawer, and an oversized farm sink. Off the kitchen is an elegant dining room which overlooks the garden and has a wood burning fireplace, custom built-ins including a built-in desk and a bar area with a Subzero wine refrigerator. Through two sets of floor-to-ceiling French doors is the garden framed with trelliswork; it provides for the perfect space for alfresco dining and entertaining. PARLOR FLOOR: The regal parlor floor has 11?3? ceilings and spectacular entertainment spaces. There is a grand living room with a wood burning fireplace, herringbone floors, and three oversized windows that overlook the charming tree-lined street. Two French doors open into a handsome library with two large windows facing south over the garden and another wood burning fireplace. This room also has built-in bookshelves and lacquered walls. THIRD FLOOR: The third floor contains the extraordinary master bedroom suite with 10-foot ceilings. The bedroom has three large windows and the fourth wood burning fireplace. There is a lavish master bathroom which is clad in Italian Calacatta Gold marble and has a deep soaking bathtub, a large walk-in shower, two sinks and a separate water closet. Completing this floor is a glamorous windowed dressing room which overlooks the garden and has six closets, two of which are walk-ins, as well as a sliding ladder to access additional upper cabinets and a large center island with storage. FOURTH FLOOR: The top floor has 11-foot ceilings and two oversized bedroom suites both with three large windows and excellent closet space. Each bedroom has an en-suite bathroom with a skylight and bathtub. On this floor is a laundry room with two sets of LG washers and dryers, a sink and storage as well as a walk-in linen closet. There is also a skylight in the hallway that allows light to flow throughout the house. BASEMENT: The basement houses the building?s mechanicals as well as a storage room.

Last Agent to Sell the Property

Cathy Franklin*

Corcoran Group License #40FR0710876 Listed on: 05/26/2020

Corcoran Group

Co-Listed By

Alexis Bodenheimer

Corcoran Group License #40BO1025787

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1870

Lot Details

  • Lot Dimensions are 62.0 x 18.0
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 3,160 Sq Ft Home
  • 4-Story Property
  • Entrance Foyer
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air

Community Details

  • Upper East Side Subdivision

Listing and Financial Details

  • Tax Block 1583

Home Details

Home Type

Single Family

Year Built

Built in 1870

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: York Avenue & East End Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Upper East Side
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Interior Features: Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen
  • Appliances: Dryer, Washer
  • Living Area: 3160.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Integer: 4
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common On Floor
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Dimensions: 62.0 x 18.0

Building Info

  • Units: 1
  • Total Stories: 4
  • Year Built: 1870

Tax Info

  • Tax Block: 1583

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Oct 15, 2020
Sold by
Laird Jennifer Wetsel and Laird Treyton Norman
Bought by
Kort Daniel and Rabach Lesley
Seller's Agent
Cathy Franklin*
Corcoran Group
List Price
$5,750,000
Sold Price
$5,400,000
Premium/Discount to List
-$350,000
-6.09%
Current Estimated Value
$4,854,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$545,253
Avg. Annual Appreciation
-1.93%
Original Mortgage
$3,510,000
Outstanding Balance
$3,109,116
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,745,631

Purchase Details

Closed on
Aug 29, 1996
Sold by
Jackson William E
Bought by
Laird Treyton Norman and Laird Jennifer Wetsel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,250
Interest Rate
7.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kort Daniel $5,400,000 --
Laird Treyton Norman $975,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kort Daniel $3,510,000
Previous Owner Laird Treyton Norman $731,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2020 10/15/20 Sold $5,400,000 -6.1% $1,709 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $5,750,000 -- $1,820 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $48,270 $254,064 $123,651 $130,413
2024 $48,270 $240,330 $139,320 $134,197
2023 $48,809 $240,330 $108,380 $131,950
2022 $47,255 $288,000 $139,320 $148,680
2021 $47,110 $304,140 $139,320 $164,820
2020 $44,815 $299,100 $139,320 $159,780
2019 $41,896 $346,920 $139,320 $207,600
2018 $40,826 $200,275 $77,364 $122,911
2017 $40,211 $197,260 $88,819 $108,441
2016 $37,292 $186,544 $76,869 $109,675
2015 $22,445 $176,433 $109,055 $67,378
2014 $22,445 $166,896 $95,053 $71,843
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10633770

Real Estate Board of New York (REBNY)

APN: 1583-0039

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