47 East 87th Street
47 East 87th Street, New York, NY 10128
Carnegie Hill, Upper East Side
BBL 1014990020 · BIN 1046916
- Year built
- 1947
- Type
- Cooperative
- Units
- 61
- Floors
- 15
- Financing
- Up to 50% financeable (50% minimum down).
- Subletting
- Permitted with Board approval. Short-term rentals and AirBnB are not permitted.
- Pied-à-terre
- Permitted.
- Washer / dryer
- Permitted in-unit.
- Pets
- Permitted, subject to Board approval.
- Co-purchasing
- Permitted. Parents purchasing for children permitted.
- Guarantors
- Permitted.
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2026). Board policies can change by amendment — confirm at the offer stage.
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median
- $965K
- Recent range
- $811K – $3.6M
- Listing discount
- 2.7%
- Recorded transfers
- 51
47 East 87th Street is among the earliest postwar Carnegie Hill cooperatives — built in 1947 and converted to cooperative ownership in 1948, an unusually rapid construction-to-cooperative cycle. At sidewalk level, the Food Emporium ground-floor retail tenancy on Madison Avenue has long anchored the building's frontage. Directly across 87th Street sits the Park Avenue Synagogue, clad in warm yellow Mankato stone — a distinguished architectural neighbor. And the prime Carnegie Hill location ties it all together: midblock between Madison and Park, three minutes from both the Carnegie Hill cross-street prewar cohort and the Park Avenue corridor.
Local Law 97
- 2024–2029 annual penalty
- $73,366/yr
- 2030–2034 annual penalty
- $158,059/yr
- Per unit / month range
- $100 – $216
Facade safety — Local Law 11
The latest available filing classified the facade as SWARMP — Safe With A Repair and Maintenance Program: the engineer identified conditions requiring monitoring or repair before the next inspection cycle. The scope, timeline, and how the building funds the work are building-specific — we review the filings and board materials for you.
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
- 2% of purchase price
- Sublet policy
- Allowed w/ board approval; max 2 years, 1-year sublease terms
- Pied-à-terre
- Allowed, subject to board approval
- Notable fees
- Sublet fee 15% of annual maintenance; max financing 50%
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 27, 2026 | 7A | 3 BR · 2.5 BA | $3,650,000 | +0.0% | |
| Feb 17, 2026 | 14C | 2 BR · 2.5 BA | $2,125,000 | +13.3% | |
| Dec 23, 2025 | 9B | 1 BR · 1 BA · 1,014 sf | $1,100,000 | $1,085/sf | -2.2% |
| Oct 9, 2025 | 7A | 3 BR · 2.5 BA | $3,650,000 | -7.6% | |
| Jul 30, 2025 | 5B | 1 BR · 1.5 BA | $829,000 | +0.0% | |
| May 23, 2024 | 9E | 1 BR · 1 BA · 1,100 sf | $1,200,000 | $1,091/sf | -7.0% |
| Mar 12, 2024 | 10C | 2 BR · 2.5 BA · 1,450 sf | $1,200,000 | $828/sf | -19.7% |
| Jan 4, 2024 | 3E | 1 BR · 1.5 BA · 1,100 sf | $810,920 | $737/sf | -9.9% |
Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $1,082/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 3.5% 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 1-01499-0020) 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
The 1947 postwar vintage and the 1948 cooperative conversion are structurally distinguishing. Among the earliest postwar Carnegie Hill cooperatives.
The Food Emporium ground-floor retail and the Park Avenue Synagogue adjacency anchor the urban context.
The protruding window AC configuration should be evaluated during walkthrough. Some apartments may carry central AC retrofits.
The corner windows and terraces are real configuration features. Verify line-specific configuration.
The 61-unit scale supports operational depth. Plan board diligence accordingly. Position evaluation accordingly.
Closing timelines are cooperative-standard. Plan for 6 to 10 weeks from contract through board approval to closing.
Comparable buildings
- 21 East 87th Street — Roth 1927; same-block Carnegie Hill peer
- 12 East 87th Street (The Capitol) — Blum & Blum 1910-12; same-block Carnegie Hill peer
- 15 East 91st Street — Schultze 1947; same-vintage Carnegie Hill postwar peer
- 50 East 89th Street (Park Regis) — Roth & Sons 1974; nearby Carnegie Hill modernist peer
- 64 East 86th Street — 1917; nearby Carnegie Hill / Yorkville prewar peer
Sources: The Roebling Research Library (offering plans, house rules, financial statements, board minutes, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.
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 47 East 87th 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 47 East 87th 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.