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163 E 87th St

Upper East Side, New York, NY
Total Size
12,050 sqft
Lot Size
3,356 sqft
Year Constructed
Year Renovated
Number of Buildings

About 163 E 87th St

163 East 87th Street is a much sought-after location in New York's Carnegie Hill neighborhood. This exceptional renovation offers tenants looking to rent office space or retail space a fantastic opportunity.

The landlord will consider many different uses, although a spa won't be permitted. 163 East 87th Street could become a high-end fashion boutique, an art gallery or gift shop or suit a tech start-up as their first business premises. This unique New York gem is located just a few steps from 86th Street's shopping district, thus benefitting from high foot traffic.

Local tenants include Staples, CVS, Eli's, Whole Foods, tourist hotels, museums, fashion boutiques, a parking garage across the street and New York's 86th Street subway station, which attracts an abundance of pedestrians into the immediate vicinity of 163 East 87th Street.

Built in 1910, the 5-story building houses 27 units in total; 22 of them are luxury condos. The property boasts 27' of frontage and its duplex features two convenient entrances, canopy and window signage for added visibility.

163 East 87th Street is a highly attractive building from New York's Golden Era and compares favorably with many lovely historic buildings the Upper East Side has to offer.

Companies at 163 E 87th St

Eastside Billiards Night Club Bar

Internet Providers for 163 E 87th St

Provider Technology Max Download Speed Max Upload Speed
Verizon New York Fiber
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s

The Neighborhood: Upper East Side

On average, listings lease in the $90's per square foot per year. The Upper East Side region is experiencing a decline in rates. In the last 3 months, the median rate fell $16 per sqft per year. That's a 15% decrease in rent.

Compared to the rest of the New York City market, the Upper East Side submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Median Rate Median Size
Upper East Side $99
Median Rate Median Size
New York City $65

Median Rate over Time in Upper East Side