New York City » 10029 » E 116th St » 87 E 116th St

87 East 116th Street, New York, NY 10029 - Property report

Also known as: 87 E 116th St

Property image for 87 East 116th Street, New York, NY 10029

Property type

Office with Commercial - 1 to 6 Stories (O5)

Year built

1910

Lot sq. ft.

2,523

Sale price

$975,000

General information

Address

Primary address

87 East 116th Street

Alternate address(es)

87 Luis Munoz Marin Blvd

ZIP code

10029

Neighborhood

East Harlem

Borough

Manhattan

Block & lot

01622-0029

Building

Property type

Office with Commercial - 1 to 6 Stories (O5)

Building sq. ft.

6,675

Building dimensions

25 ft x 89 ft

Buildings on lot

Stories

Year built

1910

Last altered

1989

Building material

Sales

Sale date

05/25/2012

Sale price

$975,000

Tax

Tax year

2026-2027

Property tax

$34,025

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

25 ft x 100.92 ft

Lot sq. ft.

2,523

Area overview

Walk score

97 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

79 /100. Very Bikeable

School district

Community district

Closest police station

0.13 Miles

Closest fire station

0.09 Miles

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

Ownership

Ownership information for 87 East 116th Street, 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 87 East 116th Street, New York, NY 10029

Sale date	Sale price	Buyer name	Seller name
05/25/2012	$975,000	XXXXXXXXXXXX XXXXXXXX XXX	XXX XX. XXXXXXXXXX XXXXXXX XXX
05/11/2012	$950,000	XXX X X XXXXXXXXXX XXXXXXX XXX	XXX X XXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
06/19/2012 - R 05/25/2012 - D	Deed (2012060400211001)	XXX XX XXXXXXXXXX XXXXXXX XXX	XXXXXXXXXXXX XXXXXXXX XXX
06/05/2012 - R 05/11/2012 - D	Deed (2012051800657001)	XXX X XXXX	XXX X X XXXXXXXXXX XXXXXXX XXX
06/05/2012 - R 03/28/1994 - D	Satisfaction of Mortgage (2012051800678001)	XXX X XXXX	XX XXXX XXXXX XXXXXX XXXXXX XXXXXXXXXXX
02/09/1989 - R	Satisfaction of Mortgage (1700000289870)	XX X XXXXX XX XXXXXX	XXX XXXX XXX
02/09/1989 - R	Mortgage (1060000289706)	XXX X XXXX	XX XXXX XXX XX XXX XX
02/09/1989 - R 01/19/1989 - D	Deed (1050000289705)	XX XXXX XXXXX XXXX XX	XXX X XXXX
05/22/1985 - R	Mortgage (1730000097473)	XX X XXXXX XX XXXXXX	XXX XXXXXX XXX
05/22/1985 - R 05/13/1985 - D	Deed (1720000097472)	XXX XXXXXX XXX	XX X XXXXX XX XXXX XXXX
11/12/1980 - R	Deed (1680008632668)	XXXXX XXXXX	X X X XXXXXX XXX
08/02/1966 - R	Deed (1270008662627)		XXXXX XXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 87 East 116th 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

$34,025

Municipal exemptions

Recent tax assessments

Market value

$697,000

Assessed value

$313,650

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	$705,000	$317,250	$317,250	10.848%	$34,415	$34,415	-2.65%
2024/25	$730,000	$328,500	$328,500	10.762%	$35,353	$35,353	+3.59%
2023/24	$716,000	$322,200	$322,200	10.592%	$34,127	$34,127	-16.09%
2022/23	$849,000	$382,050	$382,050	10.646%	$40,673	$40,673	-5.36%
2021/22	$888,000	$399,600	$399,600	10.755%	$42,977	$42,977	-18.43%
2020/21	$1,272,000	$572,400	$492,690	10.694%	$52,688	$52,688	+7.67%
2019/20	$1,247,000	$561,150	$464,400	10.537%	$48,934	$48,934	+11.64%
2018/19	$1,125,000	$506,250	$416,880	10.514%	$43,831	$43,831	+10.02%
2017/18	$1,109,000	$499,050	$378,900	10.514%	$39,838	$39,838	+12.35%
2016/17	$960,000	$432,000	$335,340	10.574%	$35,459	$35,459	+13.00%

Permits

Permit information for 87 East 116th Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
02/26/2013	Alteration type 2

*Most recent permit on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	01/21/1994	C-construction
	09/17/1992	C-construction

*Most recent DOB violations on record 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

Lexington Ave & 116th St at NW Corner

Station lines

Distance (miles)

0.137

View subway map

Access the detailed traffic volume map for 87 East 116th Street, New York, NY 10029 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 87 East 116th Street, New York, NY

1642 Park Ave, New York 75 E 116th St, New York 1779 Madison Ave, New York 1777 Madison Ave, New York 1441 5th Ave, New York 1780 Madison Ave, New York 4 E 116th St, New York 89 E 116th St, New York 1646 Park Ave, New York 1429 5th Ave, New York 7 E 116th St, New York 1415 5th Ave, New York 1775 Madison Ave, New York 1421 5th Ave, New York 1411 5th Ave, New York 19 E 117th St, New York 49 E 117th St, New York 60 E 116th St, New York 1413 5th Ave, New York

Frequently asked questions

What is the year built for 87 East 116th Street, New York, NY 10029?

The development at 87 East 116th Street, New York, NY 10029 was built in 1910.

What is the market value of 87 East 116th Street, New York, NY 10029?

The current market value of 87 East 116th Street, New York, NY 10029 is $697,000.

What is the total square footage of 87 East 116th Street, New York, NY 10029?

87 East 116th Street, New York, NY 10029 has a total of 6,675 square feet.

What is the price per square foot for this property?

$146 per square foot is the price for 87 East 116th Street, New York, NY 10029.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 6.

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.