115 East 86th Street
115 East 86th Street, New York, NY 10028
Carnegie Hill, Upper East Side
BBL 1015150008 · BIN 1047953
- Year built
- 1928
- Type
- Cooperative
- Landmark
- No
Every recorded sale at this building, 2004–2024
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 2BR median
- $1.2M
- Recent range
- $835K – $1.5M
- Listing discount
- 7.1%
- Recorded transfers
- 57
115 East 86th Street is a pre-war Carnegie Hill cooperative in one of the best-connected locations on the Upper East Side. Built in 1928 and converted to cooperative ownership in 1982, the building sits between Park and Lexington Avenues on the neighborhood's principal crosstown street — a position that puts the 4, 5, 6, and Q trains, the 86th Street retail spine, and Central Park all within a couple of blocks.
This is a working pre-war building rather than a marquee one, and that is precisely its appeal: a red-brick, sixteen-story house with a doorman, a live-in superintendent, and solid pre-war layouts, offered at Carnegie Hill addresses that remain more accessible than the avenue trophy stock. For buyers who want genuine pre-war space and a full-time-staffed building in a prime, transit-rich location, it is a pragmatic and well-located choice.
The 86th Street corridor does much of the lifting. Within a two-block radius are the Q train at Second Avenue and the Lexington Avenue express at 86th, a deep bench of restaurants and shopping, and the entrance to Central Park at 85th Street — a level of daily convenience few Manhattan blocks match.
Architecture and unit composition
The building carries 56 residential units across 16 stories, with ground-floor commercial space — a common and convenient configuration on the 86th Street corridor that helps keep residential maintenance in check. The red-brick façade is restrained and pre-war in character, set over a stone base, with the consistent fenestration typical of late-1920s apartment construction.
Inside, the homes offer the pre-war advantages buyers seek: well-proportioned rooms, good ceiling heights, and layouts that hold up against newer construction. The mix runs from studios and one-bedrooms through larger family-sized two-bedroom homes; renovated units typically pair restored pre-war detail with updated kitchens and baths, and upper-floor apartments capture better light and open outlooks above the surrounding rooflines.
Building operations
115 E. 86 Owners Inc. runs the building as a full-service cooperative. A full-time doorman attends the lobby and handles package and visitor management, and a live-in superintendent keeps the building maintained. Resident amenities include a central laundry, a bike room, private storage, and a courtyard — a practical, well-rounded package for a building of this scale.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $41,640/yr
- Per unit / month range
- $0 – $62
Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Management & transfer contacts
- Flip tax
- 1% of gross sales price (transfer fee)
- Sublet policy
- Sublet Fee 50% of maintenance billed monthly
- Notable fees
- Closing fee $850; Extended closing fee $100; Adjournment fee $150; Move In/Out Fee $500
Recent sales
Recent transfers at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| May 30, 2024 | 23 | 1 BR · 1 BA · 900 sf | $875,000 | $972/sf | -2.7% |
| Aug 18, 2023 | 44 | 2 BR · 2 BA | $1,525,000 | -7.6% | |
| Feb 22, 2023 | 93 | 2 BR · 1 BA | $835,000 | -7.1% | |
| Aug 23, 2022 | 113 | 2 BR · 1 BA · 900 sf | $775,000 | $861/sf | -2.5% |
| May 31, 2022 | 83 | 2 BR · 1 BA | $885,000 | -1.6% | |
| Dec 8, 2021 | 33 | 1 BR · 1 BA | $850,000 | -2.9% | |
| Nov 8, 2021 | 122 | 3 BR · 2.5 BA | $2,700,000 | +0.1% | |
| Jul 10, 2020 | 132 | 3 BR · 3 BA | $2,900,000 | -6.5% |
Market read. Most recent trades (2024) cleared a median $972/sf across 1 sale. Median listing discount 3.2% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01515-0008) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.
What to know if you’re buying
This is an accessible, livable cooperative. The building permits financing of up to 70% — generous by pre-war standards and helpful for buyers who want to leverage. The building is pet-friendly. Purchases clear through a standard cooperative board package and interview, so buyers should prepare a complete financial picture. The combination of a strong financing allowance, a pet-friendly policy, and one of the most transit-rich locations on the Upper East Side makes this a practical entry into Carnegie Hill ownership.
For value-minded buyers, the building delivers genuine pre-war space and full staffing at pricing typically below the Park and Fifth Avenue tiers — with the 86th Street crosstown trains, Central Park, and the neighborhood's full retail and dining row all at the doorstep.
What to know if you’re selling
Lead with location and the financing latitude. A Park-to-Lexington address on 86th Street, two blocks from Central Park and steps from four subway lines, plus a 70% financing allowance, broadens the buyer pool well beyond what stricter pre-war houses can reach.
Renovation and light read. Updated kitchens and baths and higher-floor exposures lift value here; stage to the building's pre-war proportions and to the unbeatable convenience of the block.
Benchmark to the Carnegie Hill pre-war set. Price against renovated comparable layouts in the neighborhood's pre-war cooperatives rather than the avenue premium tier. Sellers should present the building's facts — pet-friendly, 70% financing, full staffing — as the marks of a sound, accessible cooperative, and we help position the apartment to the right buyer audience.
Comparable buildings
If you're considering 115 East 86th Street, also evaluate these nearby Carnegie Hill and Yorkville cooperatives:
- 64 East 86th Street — pre-war cooperative off Park
- 320 East 86th Street — full-service East 86th cooperative
- 345 East 86th Street — Yorkville cooperative peer
- 111 East 85th Street — Carnegie Hill cooperative one block south
- 12 East 87th Street — pre-war cooperative near Central Park
- The Lucida (151 East 85th Street) — full-service condominium nearby
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
Considering a move at 115 East 86th Street?
Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 115 East 86th Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.