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Foreclosure Sale: 438 E 87th Street 438 E 87th St 3,840 SF 100% Leased Flex Building New York, NY 10128 For Sale
Executive Summary
Northgate Real Estate Group has been exclusively retained to market the Foreclosure Sale of 438 East 87th Street, a beautifully maintained 1901 Italianate brownstone townhouse in the Yorkville area of the Upper East Side, Manhattan. The property features 4,800 GSF with 4,200 additional SF of development potential.
Auction Date: April 21, 2026, at 2:15 PM
Auction Location: Room 252 of the New York County Courthouse, 60 Centre Street, New York, NY.
Property Details:
- 20'-wide Italianate-style single-family townhouse built 1901
- 4.800 SF total (3.840 SF above grade + 960 SF cellar): 3 stories plus above-grade garden level
- 4,200 SF of additional development potential: R8B zoning with FAR 4.0
- Currently configured as 3 bedrooms I 3.5 baths 110 total rooms. Opportunity for expansion / redevelopment
- Recently renovated kitchens and bathrooms, new roof, boiler, and full third-floor renovation
- Private outdoor spaces including expansive rear patio and front forecourt
- Prime Yorkville location near Carl Schurz Park. East River Esplanade & Museum Mile
Auction Date: April 21, 2026, at 2:15 PM
Auction Location: Room 252 of the New York County Courthouse, 60 Centre Street, New York, NY.
Property Details:
- 20'-wide Italianate-style single-family townhouse built 1901
- 4.800 SF total (3.840 SF above grade + 960 SF cellar): 3 stories plus above-grade garden level
- 4,200 SF of additional development potential: R8B zoning with FAR 4.0
- Currently configured as 3 bedrooms I 3.5 baths 110 total rooms. Opportunity for expansion / redevelopment
- Recently renovated kitchens and bathrooms, new roof, boiler, and full third-floor renovation
- Private outdoor spaces including expansive rear patio and front forecourt
- Prime Yorkville location near Carl Schurz Park. East River Esplanade & Museum Mile
Property Facts
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Flex | Year Built | 1901 |
| Rentable Building Area | 3,840 SF |
| Sale Type | Investment |
| Property Type | Flex |
| Rentable Building Area | 3,840 SF |
| No. Stories | 3 |
| Year Built | 1901 |
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Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 1566-0131 | Improvements Assessment | $216,266 CAD |
| Land Assessment | $142,213 CAD | Total Assessment | $358,479 CAD |
Property Taxes
Parcel Number
1566-0131
Land Assessment
$142,213 CAD
Improvements Assessment
$216,266 CAD
Total Assessment
$358,479 CAD
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Foreclosure Sale: 438 E 87th Street | 438 E 87th St
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