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Listing Courtesy of Corcoran Group
$6,495,000
Est. payment /mo
10 Beds
6 Baths
5,860 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,860 sqft
Price per Sqft $1,108
Subdivision Upper West Side
MLS Listing ID RLS20065516
Bedrooms 10
HOA Y/N No
Year Built 1910
Annual Tax Amount $72,228
Property Sub-Type Multi Family
Property Description
Welcome to 124 West 87th Street, on the coveted corner of West 87th Street and Columbus Avenue, right off Central Park. An elegant three-family brownstone, offering a rare blend of historic character, modern luxury, exceptional outdoor space, and future development potential (2,255 FAR) in the heart of the Upper West Side.
Garden & Parlor Level Duplex:
The garden and parlor levels form a gracious owner's duplex, thoughtfully designed for entertaining and comfortable everyday living. A private balcony overlooks a tranquil outdoor space anchored by a stunning pink magnolia tree, creating a serene urban retreat.
The renovated chef's kitchen is outfitted with a Viking wall-built stove with warming drawers, wine refrigerator, quartzite countertops, a built-in Miele espresso maker and integrated sound system. Adjacent to the kitchen, the dining room impresses with soaring 12-foot ceilings, a gas fireplace, oversized windows, and original wide-plank heart-of-pine floors.
The living room is bathed in natural light from an oversized bay window framing views of the blooming magnolia in spring. A charming sitting area or library nook enhances the space, which flows seamlessly out to the balcony and down to the private backyard-perfect for indoor-outdoor living.
The lower level of the duplex is dedicated to serene private quarters. The primary suite features an oversized spa-like bathroom with radiant heat flooring, a bidet toilet, a freestanding glass-enclosed shower, and a deep soaking tub. A full wall of closets offers exceptional storage, and the bath opens directly into a king-sized bedroom with a dedicated home office, overlooking the fully hardscape garden. Two additional bedrooms on this level share a beautifully renovated travertine bathroom with a soaking tub.
Second Floor Residence:
The second-floor apartment is a sun-filled three-bedroom, one-bathroom home that feels like a chic French-style escape. Two elegant French doors open onto a charming balcony overlooking the backyard.
The renovated kitchen features a Sub-Zero refrigerator, built-in wall oven, walnut cabinetry, sleek glass tile backsplash, and warm oak flooring. A built-in electric fireplace anchors the living space, complemented by a generous dining area ideal for entertaining. Two well-proportioned bedrooms share a classic subway-tile bathroom, while a washer/dryer closet is discreetly tucked into the unit. The third bedroom, currently configured as an exercise room, offers flexibility as a home office, guest room, or additional bedroom.
Third Floor Residence:
The top-floor apartment is a beautifully appointed two-bedroom, two-bathroom home highlighted by a private full deck.
The living room features a wood-burning fireplace, a full dining area, and a built-in home office illuminated by a skylight. The expansive open kitchen showcases a striking blue high-gloss lacquered finish, equipt with a washer/dryer combo unit, pantry, dishwasher, and an additional oversized skylight that floods the space with natural light.
Both bathrooms are finished in travertine stone-one with a deep soaking tub and the other with a sleek stand-up shower. The primary bedroom is generously sized, offering ample closet space and room for a king-sized bed.
Additional Development & Use Potential:
The property benefits from approximately 2,255 square feet of unused FAR, offering a rare opportunity to build an additional floor and rooftop deck, subject to approvals. This flexibility creates exceptional upside and allows the home to be tailored to a variety of ownership goals.
124 West 87th Street is ideally suited for:
Investors seeking a high-income-producing rental property with future expansion potential, or high yeild condo conversion project Owner-occupants looking to enjoy a luxurious duplex while generating additional rental income from two rental apartments. End users wishing to combine the residence into a truly fabulous single-family townhouse or mutiple family uses. A large unfinished basement is used for storage with direct stair access from the Garden duplex, with good ceiling height (almost 8 feet) which could be used to develop further.
Each of the three units have separate AC units installed, a new gas boiler for full house heating in 2018, 2025 upgraded ConEd electrical & gas connection to comply with Local Law 128, full stoop and facade brown-stoning in 2004, Back of the house repointing in 2002, Roof replaced in 2014, hot water heaters replaced in 2018. The house has been carefully maintained over the years.
124 West 87th Street presents a unique opportunity to own a meticulously renovated Upper West Side townhouse with flexible configurations, strong income potential, and meaningful long-term value-just moments from Columbus Avenue, Central Park, Riverside Park, an array of dining, and transportation (1/B/C/2/3 trains and cross city bus service).
Garden & Parlor Level Duplex:
The garden and parlor levels form a gracious owner's duplex, thoughtfully designed for entertaining and comfortable everyday living. A private balcony overlooks a tranquil outdoor space anchored by a stunning pink magnolia tree, creating a serene urban retreat.
The renovated chef's kitchen is outfitted with a Viking wall-built stove with warming drawers, wine refrigerator, quartzite countertops, a built-in Miele espresso maker and integrated sound system. Adjacent to the kitchen, the dining room impresses with soaring 12-foot ceilings, a gas fireplace, oversized windows, and original wide-plank heart-of-pine floors.
The living room is bathed in natural light from an oversized bay window framing views of the blooming magnolia in spring. A charming sitting area or library nook enhances the space, which flows seamlessly out to the balcony and down to the private backyard-perfect for indoor-outdoor living.
The lower level of the duplex is dedicated to serene private quarters. The primary suite features an oversized spa-like bathroom with radiant heat flooring, a bidet toilet, a freestanding glass-enclosed shower, and a deep soaking tub. A full wall of closets offers exceptional storage, and the bath opens directly into a king-sized bedroom with a dedicated home office, overlooking the fully hardscape garden. Two additional bedrooms on this level share a beautifully renovated travertine bathroom with a soaking tub.
Second Floor Residence:
The second-floor apartment is a sun-filled three-bedroom, one-bathroom home that feels like a chic French-style escape. Two elegant French doors open onto a charming balcony overlooking the backyard.
The renovated kitchen features a Sub-Zero refrigerator, built-in wall oven, walnut cabinetry, sleek glass tile backsplash, and warm oak flooring. A built-in electric fireplace anchors the living space, complemented by a generous dining area ideal for entertaining. Two well-proportioned bedrooms share a classic subway-tile bathroom, while a washer/dryer closet is discreetly tucked into the unit. The third bedroom, currently configured as an exercise room, offers flexibility as a home office, guest room, or additional bedroom.
Third Floor Residence:
The top-floor apartment is a beautifully appointed two-bedroom, two-bathroom home highlighted by a private full deck.
The living room features a wood-burning fireplace, a full dining area, and a built-in home office illuminated by a skylight. The expansive open kitchen showcases a striking blue high-gloss lacquered finish, equipt with a washer/dryer combo unit, pantry, dishwasher, and an additional oversized skylight that floods the space with natural light.
Both bathrooms are finished in travertine stone-one with a deep soaking tub and the other with a sleek stand-up shower. The primary bedroom is generously sized, offering ample closet space and room for a king-sized bed.
Additional Development & Use Potential:
The property benefits from approximately 2,255 square feet of unused FAR, offering a rare opportunity to build an additional floor and rooftop deck, subject to approvals. This flexibility creates exceptional upside and allows the home to be tailored to a variety of ownership goals.
124 West 87th Street is ideally suited for:
Investors seeking a high-income-producing rental property with future expansion potential, or high yeild condo conversion project Owner-occupants looking to enjoy a luxurious duplex while generating additional rental income from two rental apartments. End users wishing to combine the residence into a truly fabulous single-family townhouse or mutiple family uses. A large unfinished basement is used for storage with direct stair access from the Garden duplex, with good ceiling height (almost 8 feet) which could be used to develop further.
Each of the three units have separate AC units installed, a new gas boiler for full house heating in 2018, 2025 upgraded ConEd electrical & gas connection to comply with Local Law 128, full stoop and facade brown-stoning in 2004, Back of the house repointing in 2002, Roof replaced in 2014, hot water heaters replaced in 2018. The house has been carefully maintained over the years.
124 West 87th Street presents a unique opportunity to own a meticulously renovated Upper West Side townhouse with flexible configurations, strong income potential, and meaningful long-term value-just moments from Columbus Avenue, Central Park, Riverside Park, an array of dining, and transportation (1/B/C/2/3 trains and cross city bus service).
Location
State NY
County New York
Rooms
Basement Other
Interior
Interior Features Smoke Free
Cooling Other
Fireplace No
Appliance Washer Dryer Allowed
Laundry Washer Hookup, In Unit
Exterior
Exterior Feature Private Outdoor Space Over 60 Sqft
View Y/N Yes
View Other
Porch None
Private Pool No
Building
Dwelling Type Townhouse
Story 3
New Construction No
Others
Pets Allowed Pets Allowed
Tax ID 1217-0043
Ownership None
Monthly Total Fees $6, 019
Special Listing Condition Standard
Pets Allowed Building Yes, No
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