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Rent/Lease Apartment 120 E 87th St
From a strategic brokerage standpoint, 120 East 87th Street represents a high-yield opportunity within Manhattan’s prestigious Carnegie Hill submarket. Its proximity to the 86th Street transit hub ensures a consistent flow of affluent local traffic, while the surrounding high-density residential luxury towers provide a stable, high-intent consumer base. For tenants or investors, this property offers the rare combination of Upper East Side prestige and exceptional visibility, making it an ideal destination for high-end retail, flagship medical practices, or private professional suites seeking long-term capital appreciation in one of NYC’s most resilient commercial corridors.
Why Optimal Spaces –
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1. The Crucial Distinction: Whose Side Are They On?
  2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
   5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
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120 East 87th Street Property Overview
| Building Address: | 120 E 87th St, New York NY 10128 |
| Building Name: | Park Avenue Court |
| Building Alternate Address: | 120 E 87th St |
| Zip Code: | 10128 |
| Neighborhood: | Upper East Side |
| Borough: | Manhattan |
| Stories: | 9 |
| Year Built: | 1981 |
| Building Class: | C |
Park Avenue Court, located at 120 E 87th St in Manhattan, NYC, has a rich history. Originally built in 1972 as a department store, it was converted into a residential building in 1989 by the renowned architecture firm Skidmore, Owens and Merrill. The building features 219 loft-like apartments across 17 stories, offering unique floor plans ranging from studios to larger units. It is situated in the prestigious Carnegie Hill section of the Upper East Side, known for its upscale living and historic architecture.
The building offers several amenities, including a full-time doorman, concierge, private health club with a swimming pool, bicycle room, and expansive storage. Many units feature high ceilings, hardwood floors, and large terraces with views of the NYC skyline.
Park Avenue Court is a condominium building with a mix of residential and commercial spaces. It is classified as an RM building and is part of Community District 108, City Council District 4, and Police Precinct 19.
Park Avenue Court at 120 East 87th Street, Manhattan, NYC, is a luxurious condominium building located in the Upper East Side. Built in 1981, this 17-story building offers 219 units and features a range of high-end amenities, including a 24-hour doorman, concierge services, a state-of-the-art fitness center, swimming pool, yoga room, and a private courtyard. Residents enjoy proximity to the 4, 5, and 6 subway lines at the 86th Street station, Central Park, and prestigious schools.
Park Avenue Court at 120 E 87th St offers the following building amenities:
- 24-hour doorman
- Concierge services
- State-of-the-art fitness center
- Swimming pool
- Yoga studio
- Children's playroom
- Bike room
- Common courtyard and garden
- Parking garage
- Pets allowed (cats and dogs)
- Pied-à-terre allowed
- On-site laundry
- Storage available
120 E 87th St, Manhattan, NYC, is home to office spaces within the Park Avenue Court building. The building is a 9-story structure located in the Upper East Side neighborhood. It offers various office types, including windowed and interior offices, with rental options available.
Office Space Details:
- Windowed Office: Available for rent.
- Interior Office: Also available for rent.
Neighborhood: The Upper East Side, known for its upscale environment and proximity to various amenities.
Internet Providers at 120 E 87th St, Manhattan, NYC:
Verizon Fios: Known for its high speeds and reliability, offering plans starting at $49.99 with speeds up to 2 Gbps.
Spectrum: Offers cable internet with speeds up to 1 Gbps, starting at $50 per month, and is widely available in Manhattan.
Astound Broadband Powered by RCN: Provides both cable and fiber services with competitive pricing, though coverage may vary in the area.
120 E 87th St, Manhattan, NYC is conveniently located near several transportation options. The 4, 5, and 6 subway trains are available at the 86th Street station, which is at the base of the building. Additionally, the Q Train is just two blocks away. The M86 crosstown bus also serves this area.
The cross streets for this location are Lexington Avenue and Park Avenue, providing easy access to various parts of the city. The area is surrounded by cultural and educational hubs, including prestigious schools and world-renowned museums like the Metropolitan Museum of Art, as well as lush landscapes such as Central Park.
- Fine Cleaners leased 800 SF
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- New York State Office of… leased 51,659 SF at 55 West 125th St
- Gagosian Gallery leased 50,000 SF at 980 Madison Ave
- New York State Workers' Compensation Board leased 45,205 SF at 215 West 125th St
- Beth Israel Medical Center leased 38,461 SF at 1825 Park Ave
- CareMax leased 27,400 SF at 1915 Third Ave
- Avantus Renal Therapy U… leased 19,906 SF at 315 East 62nd St
- Icahn School of Medicine leased 12,000 SF at 207 East 94th Street
- Volastra Therapeutics leased 11,000 SF at 1361 Amsterdam Avenue
- The Studio Museum of Ha… leased 10,000 SF at 310 Lenox Ave
- Rebecca Taylor leased 4,338 SF at 980 Madison Ave
- Galaxy Medical PC leased 4,239 SF at 68 East 131st St
- Hammacher Schlemmer leased 4,143 SF at 145 East 57th St
- Swerve Fitness leased 3,500 SF at 1140 Third Avenue
- The House of Little People leased 2,800 SF at 401 East 84th St
- Envy Corp. leased 2,500 SF at 4261 Broadway
- City Mall leased 2,500 SF at 4-14 West 125th Street
- Claire's Boutique leased 2,214 SF at 210 East 86th St
- United Parcel Service leased 2,100 SF at 1735 Park Ave
- EmblemHealth Company HIP Health Plan of New York leased 2,056 SF at 215 West 125th St
TPG Rewards Testimonial
To whom it may concern,
This letter is written in support of Mr. Stephen Sunderland.
Mr. Sunderland acted as our advisor and broker in our recent search for office space in Manhattan. From our first meeting Mr. Sunderland sought to understand our location, price, office layout and square footage needs. He closely accessed our initial needs, and made realistic suggestions to improve on them. The true measure of Mr. Sunderland's professionalism is that he delivered listings, and ultimately a deal, that closely related to our initial wishes and needs. Throughout our relationship he gave us sound advice as to the pros and cons of each location, and later on how to best work with the landlord in order to create an amicable deal.
Mr. Sunderland is a knowledgeable real estate professional who I recommend without any reservation.
Sincerely,
John S Galinos,President and CEO,
TPG Rewards Inc,
111 John Street,27th Floor
New York, NY 10038.