NOT LISTED FOR SALE

Estimated Value: $4,224,000 - $7,236,890

4 Beds
2 Baths
1,950 Sq Ft
$2,632/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $3,397,500 $1,742 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $30,350/month

195 Days on Market

Highlights

  • Community Garden
  • Garden
  • 3-minute walk to Carl Schurz Park
  • P.S. 151 Yorkville Community School Rated A
  • Laundry Facilities

About This Home

As of June 2020

Located in the Henderson Place Historic District, 556 East 87th Street is a charming, four-story, single-family townhouse set on the south side of 87th Street between East End and York Avenues. Built in the Queen Anne style, this charming home is steps from the highly coveted Carl Schurz Park and contains approximately 3,000 square feet of interior space. It features four-bedrooms, two full bathrooms and three half baths as well as two woodburning fireplaces, central air conditioning, gracious ceiling height, and two entrances.

Upon walking up the front stoop and entering the lovely semicircular arched doorway you pass through a front vestibule and into a double parlor floor with a living room to one side facing the street and a second sitting room facing Henderson Place. This floor boasts nearly 24' of frontage, with three exposures. There is a wood-burning fireplace in the living room. Down the circular staircase that leads you to the ground level, there is a formal dining room with a door onto a quaint garden which faces the private gardens of both Henderson Place and East End Avenue. In the front is a kitchen and a powder room in addition to mechanicals which can be found on this level. On the third level are two bedrooms, a full bathroom, and an additional dressing area with a half bath. The Fourth floor has two bedrooms, one full bath, and an office with half bath.

The Henderson Place Historic District dates back to the late 1800's and today, over a century later, it still maintains much of its original character and detail. One of the most exclusive enclaves on the Upper East Side, these homes boast some of the earliest American examples of the Queen Anne architectural style, which blended characteristics of the Elizabethan Manor House with Flemish and classic detail. While in need of updating, 556 East 87th Street offers a rare opportunity to acquire a unique and historic residence that can be reimagined and customized by a new buyer.

Last Agent to Sell the Property

Lydia Rosengarten

Leslie J Garfield & Co Inc License #40RO0851507 Listed on: 09/19/2019

Co-Listed By

Matthew Lesser

Leslie J Garfield & Co Inc License #10301217047

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,338

Year Built

  • Built in 1880

Lot Details

  • 862 Sq Ft Lot
  • Lot Dimensions are 23.58 x 59.33
  • Garden

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Tax Block 01583

Community Details

Overview

  • Yorkville Subdivision

Amenities

  • Community Garden
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,338

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Yorkville
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Rooms (Total): 12

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Building Garden, Garden

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Lot Info

  • Lot Size Area: 862.0
  • Lot Size Dimensions: 23.58 x 59.33

Building Info

  • Units: 1
  • Total Stories: 3
  • Year Built: 1880

Tax Info

  • Tax Block: 01583

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2019
Closed on
Jun 26, 2020
Sold by
Meister Robert A
Bought by
Green Bradford and Green Shirin
Seller's Agent
Lydia Rosengarten
Leslie J Garfield & Co Inc
List Price
$3,700,000
Sold Price
$3,397,500
Premium/Discount to List
-$302,500
-8.18%
Current Estimated Value
$5,132,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,735,473
Avg. Annual Appreciation
8.11%
Original Mortgage
$3,000,000
Outstanding Balance
$2,665,137
Interest Rate
3.2%
Mortgage Type
Unknown
Estimated Equity
$2,467,836
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Green Bradford $3,397,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Bradford $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2020 06/26/20 Sold $3,397,500 -8.2% $1,742 / Sq Ft
04/02/2020 04/02/20 Pending -- -- --
09/19/2019 09/19/19 For Sale $3,700,000 -- $1,897 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

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 $36,338 $189,993 $69,655 $120,338
2024 $36,338 $180,922 $87,240 $105,848
2023 $35,431 $174,458 $72,396 $102,062
2022 $32,856 $227,700 $93,420 $134,280
2021 $32,677 $238,140 $93,420 $144,720
2020 $32,866 $271,260 $93,420 $177,840
2019 $31,539 $246,120 $93,420 $152,700
2018 $29,636 $145,382 $45,209 $100,173
2017 $27,959 $137,154 $50,306 $86,848
2016 $25,867 $129,392 $59,376 $70,016
2015 $15,606 $129,392 $89,076 $40,316
2014 $15,606 $125,640 $103,800 $21,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10874722

Real Estate Board of New York (REBNY)

APN: 1583-0128