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This handsome apartment building, erected in 1928, is nearly identical to its neighboring building at 530 East 86th Street. Both buildings were converted to cooperatives in 1950 and are highly desirable due to their proximity to Carl Schurz Park and excellent private schools in the area.
530 East 86th Street is a 15 story, 47 apartment pre-war co-op designed by Charles Platt and developed by Vincent Astor in 1928. It forms a near twin with 520 East 86th Street, sharing a red brick façade, broad bandcourses and a limestone base, though No. 530 is distinguished by its rusticated arched entrance.
Large formal layouts commonly incorporate entry galleries, separate dining rooms, wood burning fireplaces, windowed kitchens, service rooms and defined bedroom wings. Several of the larger lines have eight to ten rooms, with libraries, sunrooms or loggias and broad southern or western exposures. A maisonette duplex has a private street entrance and separates its reception rooms downstairs from bedrooms above.
The building has a 24 hour doorman, a live-in resident manager and a lobby opening to a private planted garden. Additional facilities include an exercise room, bicycle storage, resident storage and a central laundry room. The co-op permits pets, allows financing up to 50 percent and charges a 2 percent flip tax to the purchaser.
Carl Schurz Park has an entrance at East End Avenue at the end of the block, with the East River Esplanade along the park. The townhouses of Henderson Place, one of Manhattan’s small historic enclaves, stand directly across East 86th Street.
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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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