Cooperative · 1959
311 East 87th Street
311 East 87th Street, New York, NY 10128

311 East 87th Street

311 East 87th Street, New York, NY 10128

At a glance
Year built
1959
Type
Cooperative
Units
122
Floors
6
Landmark
No
Pets
Pet-friendly

311 East 87th Street is a full-service postwar cooperative in the heart of Yorkville — a 1959 mid-rise held by 309 East 87th Street Tenants Corp, with the physical building spanning 309 through 311 East 87th Street between First and Second Avenues. At six stories and 122 apartments, it is a horizontal, well-staffed courtyard building rather than a tower, offering the amenity and service of a doorman co-op at Yorkville pricing.

The building's positioning is straightforward: an accommodating, well-run co-op with real amenity for its neighborhood. The board is pet-friendly, permits pieds-à-terre, allows subletting up to three years, and welcomes co-purchasers, guarantors, and parental purchases — a flexible posture that broadens the buyer pool. Combined with a 24-hour doorman, a newly renovated lobby, a furnished rear courtyard, a parking garage, and bike and private storage, that flexibility makes 311 East 87th a practical, service-rich option in a stretch of Yorkville with strong transit and everyday convenience.

Local Law 97

Carbon-penalty exposure
🟡
Moderate — manageable today, 2030 cliff likely
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$26,111/yr
Per unit / month range
$0 – $18
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
Safe
What this means for you

The facade passed its last inspection with no required repairs — nothing to budget for here, and no facade assessment on the horizon for roughly five years.

Inspection history
2005–10
Safe
2010–15
SWARMP
2015–20
Safe
2020–25
Safe
2025–30
Due
Next report due
by Feb 2028
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

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 →

Recent sales

As a cooperative, 311 East 87th Street trades on a price-per-room and maintenance-driven basis rather than the price-per-square-foot framing used for condominiums. Value here reflects the building's postwar layouts, its full-service operation with parking and a furnished courtyard, its low-rise six-story massing, and its Yorkville location between First and Second Avenues — a well-served residential stretch that sits at a discount to the interior Park-and-Fifth blocks.

The accommodating policy posture — pet-friendly, pied-à-terre and subletting permitted, co-purchasers and guarantors welcome — broadens demand beyond strict owner-occupants and helps buyers qualify, which tends to support liquidity relative to more restrictive co-ops. Because the building is a low-rise, floor-level premiums are compressed relative to a tower, and value turns more on exposure, layout, courtyard-facing versus street-facing orientation, and condition. Specific closed prices should be underwritten against current recorded transfers and in-building comparables rather than neighborhood averages.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

3E+61%
$735,000 2008$752,000 2011$1,130,000 2018$1,185,000 2021
7GH+54%
$1,215,000 2006$1,875,000 2021
4R+44%
$515,000 2006$743,000 2008$740,000 2013
7E+20%
$705,000 2009$845,000 2021
7J+19%
$535,000 2013$682,500 2019$635,000 2026

Recent transfers at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.

DateUnitPrice
Jun 3, 20265OP$1,625,000
Mar 27, 20265A$550,000
Feb 24, 20267J$635,000
Sep 17, 20252-O$580,500
May 19, 20254O$500,000
Apr 25, 20257O$575,000
View all 80 recorded transfers, sortable

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 1-01550-0007) 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.

What to know if you’re buying

  • This is an accommodating co-op. Pied-à-terre use and subletting (up to three years) are permitted, and co-purchasers, guarantors, and parental purchases are welcome — useful latitude for qualifying and for flexibility.
  • The building is pet-friendly — confirm current specifics before committing if pets are a factor.
  • The amenity package is deep for a low-rise — 24-hour doorman, live-in super, renovated lobby, parking garage, bike room, storage, laundry, and a furnished rear courtyard.
  • Courtyard-facing lines offer quiet and outlook; weigh those against street-facing exposures on 87th Street.
  • Expect a board interview and standard co-op diligence, eased by the building's guarantor and co-purchasing latitude; subtenants are interviewed if you plan to sublet.

What to know if you’re selling

  • Lead with flexibility and amenity. The pied-à-terre allowance, three-year sublet policy, guarantor and co-purchaser latitude, parking, and courtyard set this building apart from many low-rise Yorkville co-ops.
  • Widen the buyer pool. Because the building accommodates part-time owners, parental purchases, and future subletting, marketing can reach beyond strict owner-occupants.
  • Feature the courtyard, garage, and renovated lobby — they differentiate a six-story co-op from its walk-up and self-service neighbors.
  • Anchor pricing to recent in-building and immediate-area comparables, adjusted for exposure, courtyard versus street orientation, and condition.

Comparable buildings

The Roebling Team at 311 East 87th Street

The Roebling Team specializes in Upper East Side transactions, with particular depth in Yorkville's postwar cooperative inventory. We track financing rules, policy, maintenance, and closing detail building by building, and we bring that granularity to both buyers and sellers at 311 East 87th Street. If you are weighing a purchase or a sale here, we can walk you through the current picture and how this building compares to its immediate peers.

The neighborhood

For the full corridor — architecture, schools, transit, and pricing across Upper East Side — read The Roebling Team Guide to Upper East Side.

Considering a move at 311 East 87th Street?

Get the full picture on this building.

The full comp set, a private valuation of your line, or current and off-market availability — sent to you directly.

Or schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
Considering a sale?

Own an apartment here? See what it would sell for.

A broker’s honest answer to three questions — what your apartment would likely sell for today, what it costs to sell, and what you’d walk away with — for your apartment at 311 East 87th Street, in this market. Put together by a person, not an algorithm.