New York City  »  10128  »  E 87th St  »  47 E 87th St

Park Towers - 47 East 87th Street, New York, NY 10128 - Property report

Also known as: 39-47 E 87th St

Property image for Park Towers - 47 East 87th Street, New York, NY 10128
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Property type

Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)

Year built

1948

Lot sq. ft.

11,300

General information

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Address
Building name
Park Towers
Primary address
Park Towers - 47 East 87th Street
Alternate address(es)
1211-1215 Madison Ave
39-47 E 87th St
ZIP code
10128
Neighborhood
Carnegie Hill
Borough
Manhattan
Block & lot
01499-0020

Owner

Find out who owns Park Towers - 47 East 87th Street, New York, NY 10128. Uncover corporate and individual owners with a free account.

Building
Property type
Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sq. ft.
116,190
Building dimensions
98 ft x 111 ft
Buildings on lot
1
Stories
15
Year built
1948
Last altered
1988
Tax
Tax year
2026-2027
Property tax
$1,833,883
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
61
Residential sq. ft.
Commercial units
1
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
East 87 Street (narrow)
Madison Avenue (wide)
Distance to wide street
Lot dimensions
100.67 ft x 113.33 ft
Lot sq. ft.
11,300

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
78 /100.  Very Bikeable
School district
2
Community district
8
Closest police station
0.65 Miles
Closest fire station
0.22 Miles

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

Units for Park Towers - 47 East 87th Street, New York, NY

Unit Sale date Sale price Sq. ft. Price/Sq. ft.
Unit 10A
Unit 10A,B 11/02/2005
Unit 10B
Unit 10C 03/12/2024
Unit 10D 03/18/2010 1,450
Unit 10E
Unit 10F
Unit 11A
Unit 11B 10/18/2021 1,700
Unit 11C 04/16/2010 1,000
Unit 12C 07/13/2009
Unit 14A
Unit 14C 02/17/2026
Unit 15C 08/11/2026
Unit 2A 07/24/2012 2,750
Unit 2A,B 2,750
Unit 2A,B,C,H
Unit 2C 10/08/2014
Unit 2D
Unit 2E
Unit 2E,R,T 07/05/2012
Unit 3A 01/11/2023
Unit 3C 09/25/2012
Unit 3E 01/04/2024
Unit 4A
Unit 4C
Unit 4D 10/30/2012
Unit 4E 02/15/2012 1,000
Unit 5A 07/09/2008
Unit 5B 07/30/2025
Unit 5C 12/18/2012
Unit 5D
Unit 5D,E
Unit 5E 01/14/2008
Unit 6A 12/19/2017 1,700
Unit 6B 02/22/2008 1,000
Unit 6B,C
Unit 6C
Unit 6D
Unit 6E 07/26/2006 1,000
Unit 7A 05/27/2026
Unit 7B 01/14/2021
Unit 7C 05/22/2024 1,400
Unit 7D 11/19/2009
Unit 7E 11/19/2009 1,000
Unit 8A 12/30/2014 1,600
Unit 8B 11/24/2014
Unit 8C
Unit 8D 04/07/2006
Unit 8E 10/17/2012 1,000
Unit 9A 06/08/2020
Unit 9B 07/01/2021 1,014
Unit 9C 09/18/2015 1,450
Unit 9E 05/23/2024 1,100
Unit 9G 12/23/2025
Ownership

Ownership information for Park Towers - 47 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 Park Towers - 47 East 87th Street, New York, NY 10128

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/04/2026 - R
10/01/2025 - D		 Both RPTT and RETT
(2026030400368001)		 XX XXXXXX XXXXXX XXX XX XXXXXXXXXXXX XXX
06/11/2021 - R UCC3 Continuation
(2021061001167001)		 XXXXXXXX XXXX XXXX XXXXXX XXXXXXXXXXX XXX XXXX XX XXX XXXX XXXXXX
04/10/2019 - R
03/26/2019 - D		 Satisfaction of Mortgage
(2019041000029002)		 XXXXXXXXXXXX XXXXXX X XX) XXXXXXXXXX XXX XXXX XXXXXXXX XXXXXXXX XXXXXXXXXXXX XXXXXX
04/10/2019 - R
01/22/2019 - D		 Power of Attorney
(2019041000029001)		 XXXXXXXXXXXX XXXXXX X XX) XXXXXXXXXXXX XXXXXX X XX) XXXXXXXXXX XXX XXXX
09/07/2017 - R
09/01/2017 - D		 Sundry Miscellaneous
(2017090700032001)		 XXXX XXXXXX XXXXX XXXXXXXXXXX XXX
06/08/2017 - R UCC3 Continuation
(2017060800588001)		 XXXXXXXX XXXXXXXX XXXXXX XXXXXXXXXXX XXX XXXX XX XXX XXXX XXXXXX
03/23/2017 - R
03/08/2017 - D		 Release
(2017032000644008)		 XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX X X XXXX XXXXXXXX XXX
12/06/2016 - R Initial UCC1
(2016120501215001)		 XXXXXXXX XXXXXXXX XXXXXX XXXXXXXXXXX XXX XXXX XX XXX XXXX XXXXXX
12/07/2016 - R
11/30/2016 - D		 Assignment of Leases and Rents
(2016120600860003)		 XXXXXXXX XXXXXXXX XXXXXX XXXXXXXXXXX XXX XXXX XX XXX XXXX XXXXXX
12/07/2016 - R
11/30/2016 - D		 Agreement
(2016120600860002)		 XXXXXXXX XXXXXXXX XXXXXX XXXXXXXXXXX XXX XXXX XX XXX XXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Park Towers - 47 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
$1,833,883
Municipal exemptions
Recent tax assessments
Market value
$42,864,000
Assessed value
$19,288,800

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 $38,532,000 $17,339,400 $16,542,730 12.439% $2,061,130 $1,733,736 +0.95%
2024/25 $37,343,000 $16,804,350 $16,308,350 12.5% $2,042,253 $1,717,465 -0.22%
2023/24 $37,063,000 $16,678,350 $16,090,730 12.502% $2,016,716 $1,721,280 +5.07%
2022/23 $36,263,000 $16,318,350 $15,690,570 12.267% $1,930,474 $1,638,249 +3.95%
2021/22 $34,909,000 $15,709,050 $15,223,050 12.235% $1,868,883 $1,576,027 -8.18%
2020/21 $38,868,000 $17,490,600 $13,992,690 12.267% $1,722,634 $1,716,483 +12.65%
2019/20 $37,838,000 $17,027,100 $12,216,510 12.473% $1,530,119 $1,523,765 +17.76%
2018/19 $32,685,000 $14,708,250 $10,259,850 12.612% $1,302,902 $1,293,972 +16.11%
2017/18 $31,127,000 $14,007,150 $8,762,150 12.719% $1,123,086 $1,114,458 +16.75%
2016/17 $18,307,000 $8,238,150 $7,404,060 12.892% $963,566 $954,531 +3.22%
Permits

Permit information for Park Towers - 47 East 87th Street, New York, NY

Filing date Job type Job status Job description Initial cost
01/08/2026 Alteration
01/08/2026 Alteration
11/24/2025 Alteration
08/26/2025 Alteration
08/12/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID Inspection date Class NOV issue date Status
06/15/2026 A
06/15/2026 A
06/15/2026 A

*Most recent HPD violations on record for this property.

Neighborhood

Upper East Side, Carnegie Hill residential market stats

Access a detailed real estate market overview of Upper East Side, Carnegie Hill so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Upper East Side, Carnegie Hill and compare it to other neighborhoods in Manhattan.

Median sale price

—

Median price/sq. ft.

—

Manhattan median sale price

$1,260,000

5.4% Y-o-Y

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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
-

Subway & traffic

Closest station
Lexington Ave & 86th St at NW Corner
Station lines
4-5-6
Distance (miles)
0.174
View subway map

Access the detailed traffic volume map for Park Towers - 47 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

Schools

Nearest elementary schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 6 Lillie D Blake 9 Yes Public PK, K-5 587 0.31
P.S. 6 Lillie D Blake 9 Yes Public PK, K-5 587 0.31
St. Davids School NR No Private PK, K-8 0 0.12
St. Davids School NR No Private PK, K-8 0 0.12
P.S. 169 Robert F Kennedy NR No Public K-11 301 0.13
International Academy of New York NR No Private PK, K-8 0 0.14
International Academy of New York NR No Private PK, K-8 0 0.14
International Academy of New York NR No Private PK-4 45 0.15
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Jhs 167 Robert F Wagner 8 Yes Public 6-8 1,019 0.68
St. Davids School NR No Private PK, K-8 0 0.12
P.S. 169 Robert F Kennedy NR No Public K-11 301 0.13
International Academy of New York NR No Private PK, K-8 0 0.14
Dalton School NR No Private K-12 1,313 0.15
Trevor Day School Lower NR No Private PK, K-12 0 0.16
The Spence School NR No Private K-12 755 0.17
Hunter College High School NR No Public 7-12 0 0.36
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
P.S. 169 Robert F Kennedy NR No Public K-11 301 0.13
Regis High School NR No Private 9-12 530 0.14
Dalton School NR No Private K-12 1,313 0.15
Trevor Day School Lower NR No Private PK, K-12 0 0.16
The Spence School NR No Private K-12 755 0.17
Marymount School Of New York NR No Private PK-12 762 0.21
Hunter College High School NR No Public 7-12 0 0.36

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for Park Towers - 47 East 87th Street, New York, NY

1060 Park Ave, New York 20 E 88th St, New York 21 E 87th St, New York 11 E 87th St, New York 55 E 86th St, New York 55 E 87th St, New York 1070 Park Ave, New York 1071 5th Ave, New York 1060 5th Ave, New York 1056 5th Ave, New York 2 E 88th St, New York 6 E 87th St, New York 10 E 87th St, New York 40 E 88th St, New York 50 E 87th St, New York 4 E 88th St, New York 1067 5th Ave, New York 60 E 88th St, New York 12 E 87th St, New York

Nearby ZIP codes for Park Towers - 47 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 Park Towers - 47 East 87th Street, New York, NY 10128?

The development at Park Towers - 47 East 87th Street, New York, NY 10128 was built in 1948.

What is the total square footage of Park Towers - 47 East 87th Street, New York, NY 10128?

Park Towers - 47 East 87th Street, New York, NY 10128 has a total of 116,190 square feet.

What is the assessed value of Park Towers - 47 East 87th Street, New York, NY 10128?

Park Towers - 47 East 87th Street, New York, NY 10128 is currently assessed at $19,288,800.

What are the property taxes for Park Towers - 47 East 87th Street, New York, NY 10128?

The property taxes for Park Towers - 47 East 87th Street, New York, NY 10128 total $2,146,895.

How many residential units does this building have?

This building has 61 residential unit(s).

Disclaimer

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