The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

506 East 87th Street

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Now offered at $7,649,000, 506 East 87th Street presents a rare opportunity to own a move-in ready Upper East Side townhouse with a private garage, expansive outdoor space, and beautifully renovated interiors just moments from Carl Schurz Park.

Spanning four levels plus a cellar, this 18-foot-wide single-family residence blends timeless architectural character with modern comfort and functionality. Rather than feeling overly formal, the home was carefully reimagined for effortless day-to-day living while still offering the scale and elegance expected of a classic Upper East Side townhouse.

At the center of the home, the dramatic parlour level showcases soaring ceilings, restored original details, oversized windows, and gracious entertaining spaces filled with natural light. A formal living room anchored by a marble fireplace flows seamlessly into an elegant dining area, while a striking glass extension at the rear draws sunlight deep into the home and creates a beautiful architectural focal point. This level also offers the flexibility for an additional bedroom, office, or guest suite.

The garden level was designed for comfortable everyday living and easy entertaining. A spacious open kitchen features abundant storage, double ovens, a wine refrigerator, generous prep space, and oversized glass doors that open directly to the landscaped garden, creating a seamless indoor-outdoor connection. Direct access from the private garage adds a level of convenience rarely found on the Upper East Side.

The upper floors offer five bedrooms, multiple renovated bathrooms, and exceptional flexibility for changing lifestyle needs over time. The primary suite occupies the front portion of the third floor and includes a large walk-through closet along with a spa-like bathroom featuring a soaking tub and double vanity. At the rear of this level, an additional bedroom or office opens onto a beautifully planted private terrace overlooking surrounding gardens. The top floor includes three additional bedrooms, excellent natural light, and a practical layout well suited for guests, offices, or family living.

Additional highlights include central air conditioning, extensive storage throughout, multiple outdoor spaces, a full cellar with laundry, and annual taxes under $36,000.

Located on a quiet tree-lined Upper East Side block near Carl Schurz Park, the East River Promenade, Asphalt Green, and many of the neighborhood’s most beloved restaurants and schools, 506 East 87th Street offers a rare combination of warmth, scale, privacy, and convenience.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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