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Boutique Upper East Side co-op offering bright, renovated studios and one-bedrooms with unlimited subletting and pet-friendly policies. Prime location near Central Park and major subways, featuring low carrying costs and high investment potential.
448 East 87th Street is a five story pre war co op in Yorkville, built in 1920 and converted in 1957, with 19 apartments. Its defining policy is unlimited subletting from the first day of ownership in perpetuity, an unusual degree of flexibility for a cooperative building.
The apartments comprise studios and one bedroom layouts, with recurring characteristics that include hardwood floors, high ceilings, and abundant natural light. Updated apartments have renovated kitchens and bathrooms, while the layouts range from separate kitchens to more open arrangements. Central laundry, a live in super, and a virtual doorman serve the building, and cats are permitted.
On East 87th Street in Yorkville, the building is close to Carl Schurz Park and a short distance from Central Park. Whole Foods at East 87th Street and Third Avenue, other supermarkets, restaurants, and local shops are also nearby, giving the block a mix of everyday services and neighborhood dining.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.
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