Gorgeous Upper East Side Townhouse is Looking for Its Forever Owner

Posted On Fri, September 5, 2014 By

Posted On Fri, September 5, 2014 By In Cool Listings, Interiors, Manhattan, Upper East Side

With all the hubbub over Common Core these days (have you seen the NEW math?), it’s nice to know that some things simply add up the way they should – like this incredible 4,125-square-foot single-family townhouse located at 506 East 87th Street.

Situated on a tree-lined street near Carl Schurz Park, this beautifully renovated residence built in 1899 was purchased in April 2013 for $7.99 million, but then sold in January 2014 for $6.85 million, a pretty steep drop for just eight months. It’s now back on the market for $7.75 million, so here’s hoping the third time’s the charm and the new owners will spend many years enjoying all that this home has to offer.

506 East 87th Street

The garden level, where you’ll find a rare-for-the-city and much-coveted garage, comprises the primary living area. Its open floor plan features a collective living/dining/great room and a magnificent 320-square-foot kitchen. A 13-foot, granite-topped island with breakfast bar, custom cabinetry, and high-end stainless steel appliances including an eight-burner cooktop, double ovens and two dishwashers, all combine to serve up a dream-come-true for meal prep, cocktail parties, or just hanging out and enjoying the view afforded by the large and lushly planted garden with its delightful fountain centerpiece.

506 East 87th Street

The parlor floor, with its 11-foot ceilings, houses both a front and rear parlor and comes complete with a butler’s kitchen containing a 118-bottle, two-zone wine refrigerator and an adjoining sunroom. The perfect place for grand-scale entertaining, this floor can easily be opened to create one large space or, if you prefer, the rear parlor can be readily converted into stunning guest quarters.

506 East 87th Street

The master suite sits majestically on the home’s third floor, with two gracious bathrooms outfitted with a soaking tub, spa showers, and heated floors. There’s also a separate office/additional bedroom, fireplace, and private 10-foot by 17-foot terrace with lovely views of the garden below. The fourth and final floor incorporates three more bedrooms, ensuring that even in large families, everyone gets their own little retreat from the world. And, if all that still isn’t enough room to comfortably stretch out or house all your belongings, the basement level offers over 500 square feet of additional space.

506 East 87th Street

When we think of this house and all of its great spaces and classic touches, a phrase often attributed to Sherlock Holmes comes to mind: “It’s elementary, my dear Watson,” because this Upper East Side gem on the market for $7.75 million easily adds up to the perfect home. Need more evidence of this perfection? Check out our gallery below.

[Listing: 506 East 87th Street by Patrick V. Lilly for CORE Group]

Photos courtesy of CORE Group

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Neighborhoods : Upper East Side

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