New York City  »  10128  »  E 87th St  »  501 E 87th St

Rivers Bend - 503 East 87th Street, New York, NY 10128 - Property report

Also known as: 501 E 87th St

Property image for Rivers Bend - 503 East 87th Street, New York, NY 10128
static Mapbox map

Property type

Elevator Apartment - Fireproof without Stores (D3)

Year built

1963

Lot sq. ft.

16,363

Sale price

$116,500,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Building name
Rivers Bend
Primary address
Rivers Bend - 503 East 87th Street
Alternate address(es)
1658-1668 York Ave
501-503 E 87th St
ZIP code
10128
Neighborhood
Yorkville
Borough
Manhattan
Block & lot
01584-0001

Owner

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Building
Property type
Elevator Apartment - Fireproof without Stores (D3)
Building sq. ft.
202,322
Building dimensions
150 ft x 120 ft
Buildings on lot
1
Stories
21
Year built
1963
Building material
Sales
Sale date
03/12/2025
Sale price
$116,500,000
Tax
Tax year
2026-2027
Property tax
$2,533,238
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
179
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
151.04 ft x 125 ft
Lot sq. ft.
16,363

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
82 /100.  Very Bikeable
School district
2
Community district
8
Closest police station
0.84 Miles
Closest fire station
0.48 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for Rivers Bend - 503 East 87th Street, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for Rivers Bend - 503 East 87th Street, New York, NY 10128

Sale date Sale price Buyer name Seller name
03/12/2025 $116,500,000 XXX XXXX XXXX, XXX XXXX XX. XXXXXX XXXXXXX XX X X X

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/04/2025 - R UCC3 Continuation
(2025040300963001)		 XXXX XX XXXXXX XXXXXXX XX X XX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
03/17/2025 - R
03/12/2025 - D		 Assumption of Mortgage
(2025031301021003)		 XXX XXXX XXXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX
03/17/2025 - R
03/12/2025 - D		 Deed
(2025031301021002)		 XXXX XX XXXXXX XXXXXXX XX X X X XXX XXXX XXXX XXX
03/17/2025 - R
02/19/2025 - D		 Termination of Agreement
(2025031301021001)		 XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XXXXXX XXXXXX XXX
11/12/2020 - R UCC3 Assignment
(2020110501013002)		 XXXX XX XXXXXX XXXXXXX XX X X X XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
11/12/2020 - R
10/09/2020 - D		 Assignment, Mortgage
(2020110501013001)		 XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
09/11/2020 - R Initial UCC1
(2020090900420007)		 XXXX XX XXXXXX XXXXXXX XX X X X XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
09/11/2020 - R UCC3 Termination
(2020090900420002)		 XXXX XX XXXXXX XXXXXXX XX XXX X X XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
09/11/2020 - R
08/31/2020 - D		 Assignment, Mortgage
(2020090900420006)		 XXXXXX XXXXXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
09/11/2020 - R
08/31/2020 - D		 Sundry Agreement
(2020090900420005)		 XXXX XX XXXXXX XXXXXXX XX XXX XXXXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Rivers Bend - 503 East 87th Street, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$2,533,238
Municipal exemptions
Recent tax assessments
Market value
$51,515,000
Assessed value
$23,181,750

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $46,567,000 $20,955,150 $19,410,660 12.439% $2,414,492 $2,414,492 -0.38%
2024/25 $43,801,000 $19,710,450 $19,389,690 12.5% $2,423,711 $2,423,711 +1.91%
2023/24 $42,275,000 $19,023,750 $19,023,750 12.502% $2,378,349 $2,378,349 +2.28%
2022/23 $42,123,000 $18,955,350 $18,955,350 12.267% $2,325,253 $2,325,253 +3.24%
2021/22 $40,908,000 $18,408,600 $18,408,600 12.235% $2,252,292 $2,252,292 -7.89%
2020/21 $46,334,000 $20,850,300 $19,933,760 12.267% $2,445,274 $2,445,274 +0.71%
2019/20 $47,000,000 $21,150,000 $19,466,660 12.473% $2,428,077 $2,428,077 +0.01%
2018/19 $45,626,000 $20,531,700 $19,250,940 12.612% $2,427,929 $2,427,929 +4.00%
2017/18 $43,866,000 $19,739,700 $18,354,800 12.719% $2,334,547 $2,334,547 +3.63%
2016/17 $41,930,000 $18,868,500 $17,473,920 12.892% $2,252,738 $2,252,738 +5.34%
Permits

Permit information for Rivers Bend - 503 East 87th Street, New York, NY

Filing date Job type Job status Job description Initial cost
08/28/2026 Alteration
08/28/2026 Alteration
08/28/2026 Alteration
06/19/2026 Alteration
06/17/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
10/16/2017 E-elevator
10/16/2017 E-elevator
10/16/2017 E-elevator

*Most recent DOB violations on record for this property.

Neighborhood

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
6

Subway & traffic

Closest station
2nd Ave & 86th St at NE Corner
Station lines
Q
Distance (miles)
0.284
View subway map

Access the detailed traffic volume map for Rivers Bend - 503 East 87th Street, New York, NY 10128 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for Rivers Bend - 503 East 87th Street, New York, NY

521 E 87th St, New York 500 E 87th St, New York 526 E 87th St, New York 518 E 87th St, New York 544 E 87th St, New York 554 E 87th St, New York 550 E 87th St, New York 552 E 87th St, New York 513 E 87th St, New York 512 E 87th St, New York 517 E 87th St, New York 519 E 87th St, New York 507 E 87th St, New York 509 E 87th St, New York 511 E 87th St, New York 532 E 87th St, New York 515 E 87th St, New York 505 E 87th St, New York 531 E 87th St, New York 504 E 87th St, New York

Nearby ZIP codes for Rivers Bend - 503 East 87th Street, New York, NY

10021, New York City, NY 10022, New York City, NY 10023, New York City, NY 10024, New York City, NY 10025, New York City, NY 10026, New York City, NY 10027, New York City, NY 10028, New York City, NY 10029, New York City, NY 10035, New York City, NY 10044, New York City, NY 10065, New York City, NY 10075, New York City, NY 10115, New York City, NY 10152, New York City, NY 10154, New York City, NY 10162, New York City, NY 11102, New York City, NY 11106, New York City, NY

Frequently asked questions

What is the year built for Rivers Bend - 503 East 87th Street, New York, NY 10128?

The development at Rivers Bend - 503 East 87th Street, New York, NY 10128 was built in 1963.

What is the total square footage of Rivers Bend - 503 East 87th Street, New York, NY 10128?

Rivers Bend - 503 East 87th Street, New York, NY 10128 has a total of 202,322 square feet.

When was Rivers Bend - 503 East 87th Street, New York, NY 10128 last sold and what was the sale price?

Rivers Bend - 503 East 87th Street, New York, NY 10128 was last sold on 03/12/2025 for $116,500,000.

What is the assessed value of Rivers Bend - 503 East 87th Street, New York, NY 10128?

Rivers Bend - 503 East 87th Street, New York, NY 10128 is currently assessed at $23,181,750.

What are the property taxes for Rivers Bend - 503 East 87th Street, New York, NY 10128?

The property taxes for Rivers Bend - 503 East 87th Street, New York, NY 10128 total $2,533,238.

How many residential units does this building have?

This building has 179 residential unit(s).

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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