New York City » 10002 » Orchard St » 196 Orchard St

187 East Houston Street #RTL1, New York, NY 10002 - Property report

Also known as: 187 E Houston St #RTL1

Property image for 187 East Houston Street #RTL1, New York, NY 10002

Property type

Retail Space (RK)

Year built

2017

Lot sq. ft.

14,388

Sale price

$88,750,000

General information

Address

Primary address

187 East Houston Street #RTL1

ZIP code

10002

Neighborhood

Lower East Side

Borough

Manhattan

Block & lot

00412-1321

Building

Property type

Retail Space (RK)

Unit sq. ft.

10,096

Building dimensions

140 ft x 120 ft

Buildings on lot

Stories

Year built

2017

Building material

Sales

Sale date

07/17/2019

Sale price

$88,750,000 - M

Tax

Tax year

2026-2027

Property tax

$197,438

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

119.93 ft x 140 ft

Lot sq. ft.

14,388

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

97 /100. Biker's Paradise

School district

Community district

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

Ownership

Ownership information for 187 East Houston Street #RTL1, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 187 East Houston Street #RTL1, New York, NY 10002

Sale date	Sale price	Buyer name	Seller name
07/17/2019	$88,750,000	XXX XXXXXXXXXXXXX, XXX	XX-XXXX XXXXXXX XXXXXXXX XXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
11/07/2024 - R 10/30/2024 - D	Term of Lien of Common Charges (2024110500081002)	XXXXX XX XXXXXXXX XX XXX XXXXXXX XXXXXXXXXXX	XXX XXXXXXXXXXXXX XXX
10/03/2024 - R 09/30/2024 - D	Lien of Common Charges (2024100300273001)	XXX XXXXXXXXXXXXX XXX	XXXXX XX XXXXXXXX XX XXX XXXXXXX XXXXXXXXXXX
03/18/2024 - R	UCC3 Continuation (2024031800309001)	XXX XXXXXXXXXXXXX XXX	XXXXXXXXXX XXXX XXXXXXXXX XXXXXXX
12/26/2019 - R 12/06/2019 - D	Partial Release of Mortgage (2019121701198001)	XXX XXXXXXXXXXXXX XXX	XXXXXXXXXX XXXX XXXXXXXXX XXXXXXX
07/29/2019 - R	Initial UCC1 (2019072301086009)	XXX XXXXXXXXXXXXX XXX	XXXXXXXXXX XXXX XXXXXXXXX XXXXXXX
07/29/2019 - R 07/17/2019 - D	Power of Attorney (2019072301086013)	XXX XXXXXXXXXXXXX XXX	XXXXXX XXXXXXX XXXXXXXX XXXXX XXX
07/29/2019 - R 07/17/2019 - D	Sundry Agreement (2019072301086012)	XXXXXXXXXX XXXX XXXXXXXXX XXXXXXX	XXX XXXXXX X X X
07/29/2019 - R 07/17/2019 - D	Agreement (2019072301086007)	XXX XXXXXXXXXXXXX XXX	XXXXXXXXXX XXXX XXXXXXXXX XXXXXXX
07/29/2019 - R 07/17/2019 - D	Deed (2019072301086006)	XXXXXX XXXXXXX XXXXXXXX XXXXX XXX	XXX XXXXXXXXXXXXX XXX
07/29/2019 - R 07/17/2019 - D	Partial Release of Mortgage (2019072301086005)	XXX XXXXXXX XXXXXXX XXX	XXXXXX XXXXXXX XXXXXXXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 187 East Houston Street #RTL1, 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

$197,438

Municipal exemptions

Recent tax assessments

Market value

$4,044,529

Assessed value

$1,820,038

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	$4,681,145	$2,106,515	$1,978,946	10.848%	$214,676	$214,676	+4.37%
2024/25	$4,572,299	$2,057,534	$1,911,175	10.762%	$205,681	$205,681	+4.78%
2023/24	$4,557,800	$2,051,010	$1,853,201	10.592%	$196,291	$196,291	+2.63%
2022/23	$4,248,943	$1,912,024	$1,796,531	10.646%	$191,259	$191,259	+0.60%
2021/22	$3,928,129	$1,767,658	$1,767,658	10.755%	$190,112	$190,112	-28.56%
2020/21	$5,530,008	$2,488,504	$2,488,503	10.694%	$266,121	$266,121	+29.74%
2019/20	$4,328,397	$1,947,779	$1,946,591	10.537%	$205,112	$205,112	+902.45%
2018/19	$486,383	$218,872	$194,608	10.514%	$20,461	$20,461	n/a

Permits

Permit information for 187 East Houston Street #RTL1, New York, NY

No recently recorded permits for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Allen St & Houston St at SW Corner

Station lines

Distance (miles)

0.071

View subway map

Access the detailed traffic volume map for 187 East Houston Street #RTL1, New York, NY 10002 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 187 East Houston Street #RTL1, New York, NY

215 Chrystie St, New York 42 Crosby St, New York 237 Park Ave, New York 555 W End Ave, New York

Frequently asked questions

What is the year built for 187 East Houston Street #RTL1, New York, NY 10002?

The development at 187 East Houston Street #RTL1, New York, NY 10002 was built in 2017.

What is the market value of 187 East Houston Street #RTL1, New York, NY 10002?

The current market value of 187 East Houston Street #RTL1, New York, NY 10002 is $4,044,529.

What is the total square footage of 187 East Houston Street #RTL1, New York, NY 10002?

187 East Houston Street #RTL1, New York, NY 10002 has a total of 10,096 square feet.

What is the price per square foot for this property?

$8,790 per square foot is the price for 187 East Houston Street #RTL1, New York, NY 10002.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.