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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:
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,495,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $5,196,000 | $5,196,000 | $5,196,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.925% | 5.858% | 5.681% |
| Monthly Tax Payment | $6,019 | $6,019 | $6,019 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $27,498 | $30,322 | $42,456 |
| Total Monthly Payment | $33,642 | $36,466 | $48,600 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.