New York City  »  10038  »  South St  »  87 South St

87 South Street, New York, NY 10038 - Property report

Also known as: 178-180 John St

Property image for 87 South Street, New York, NY 10038
static Mapbox map

Property type

One Story Retail Building (K1)

Year built

1940

Lot sq. ft.

1,082

Sale price

$1,400,000

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
Primary address
87 South Street
Alternate address(es)
178-180 John St
ZIP code
10038
Neighborhood
Financial District
Borough
Manhattan
Block & lot
00072-0025

Owner

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Building
Property type
One Story Retail Building (K1)
Building sq. ft.
424
Building dimensions
12 ft x 26 ft
Buildings on lot
1
Stories
1
Year built
1940
Building material
Sales
Sale date
06/27/2006
Sale price
$1,400,000
Tax
Tax year
2026-2027
Property tax
$144,769
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
21.75 ft x 50.08 ft
Lot sq. ft.
1,082

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
83 /100.  Very Bikeable
School district
2
Community district
1
Closest police station
0.79 Miles
Closest fire station
0.21 Miles

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

Ownership

Ownership information for 87 South 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 87 South Street, New York, NY 10038

Sale date Sale price Buyer name Seller name
06/27/2006 $1,400,000 XXX XXXXX XXX XXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/12/2006 - R
06/27/2006 - D		 Deed
(2006070501846001)		 XXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX XXX XXXXX XXX
07/14/1997 - R Lease
(1290005682229)		 XXXXXXXX XXXX XXX XXXXXXXX XXXXXXXXXXX XXXXXX XXXXXXX XXXXXXXXXX XXXXXXXXXX XXXX
01/24/1992 - R Lease
(1660000390966)		 XXXXXXXX XXXX XXXXXXXX XXXXXX XXXXXXX XXXXXXX
12/16/1985 - R Satisfaction of Mortgage
(1580000121758)		 XXX XXXX XXXX XX XXX XXXXXXXX XXXXX
09/04/1980 - R Mortgage
(1470008629847)		 XXX XXXX XXXXXX XX XXX XXXXXXXX XXXXX
09/04/1980 - R Deed
(1460008629846)		 XXXXXXXX XXXXX XXX XXXX XXXXXX XX XXX
01/30/1978 - R Landmark Designation
(1640008585764)		 XXXXX XX XXXXXXX XXXX XXXXXXXXX XXXX
05/12/1971 - R Mortgage
(1560008488356)		 XXXXXXXX XXXXX XXXXXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 87 South 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
$144,769
Municipal exemptions
Recent tax assessments
Market value
$3,146,000
Assessed value
$1,415,700

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 $3,095,000 $1,392,750 $1,273,050 10.848% $138,100 $138,100 +5.05%
2024/25 $3,012,000 $1,355,400 $1,221,480 10.762% $131,456 $131,456 +5.61%
2023/24 $2,977,000 $1,339,650 $1,175,130 10.592% $124,470 $124,470 +16.66%
2022/23 $2,598,000 $1,169,100 $1,002,200 10.646% $106,694 $106,694 +14.90%
2021/22 $2,463,000 $1,108,350 $863,380 10.755% $92,857 $92,857 +15.68%
2020/21 $2,522,000 $1,134,900 $750,610 10.694% $80,270 $80,270 +32.34%
2019/20 $2,497,000 $1,123,650 $575,650 10.537% $60,656 $60,656 +9.76%
2018/19 $2,096,000 $943,200 $525,600 10.514% $55,262 $55,262 +36.91%
2017/18 $1,376,000 $619,200 $383,913 10.514% $40,365 $40,365 +25.13%
2016/17 $1,210,000 $544,500 $305,071 10.574% $32,258 $32,258 +25.52%
Permits

Permit information for 87 South Street, New York, NY

Filing date Job type Job status Job description Initial cost
02/12/2018 Alteration
07/03/2014 Alteration type 2
05/12/1992 Alteration type 1
05/12/1992 Alteration type 1
02/26/1992 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
06/28/2016 Landmk-landmark
09/11/2003 E-elevator
07/01/1997 Ll1080-local law 10/80 - facade

*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
AE

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
1

Subway & traffic

Closest station
William St & John St at NE Corner
Station lines
A-C-J-Z-2-3-4-5
Distance (miles)
0.246
View subway map

Access the detailed traffic volume map for 87 South Street, New York, NY 10038 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 South Street, New York, NY

175 Water St, New York 89 South St, New York 251 Pearl St, New York 165 Front St, New York 80 South St, New York 248 Pearl St, New York 85 South St, New York 199 Water St, New York 200 Water St, New York 163 Front St, New York 212 Pearl St, New York 80 Pine St, New York 110 John St, New York 164 John St, New York 112 John St, New York 170 John St, New York 135 John St, New York 26 Cliff St, New York 175 Front St, New York

Nearby ZIP codes for 87 South Street, New York, NY

07311, Hudson County, NJ 10002, New York City, NY 10003, New York City, NY 10004, New York City, NY 10005, New York City, NY 10006, New York City, NY 10007, New York City, NY 10009, New York City, NY 10011, New York City, NY 10012, New York City, NY 10013, New York City, NY 10014, New York City, NY 10271, New York City, NY 10278, New York City, NY 10279, New York City, NY 10280, New York City, NY 10282, New York City, NY 11201, New York City, NY 11217, New York City, NY 11231, New York City, NY

Frequently asked questions

What is the year built for 87 South Street, New York, NY 10038?

The development at 87 South Street, New York, NY 10038 was built in 1940.

What is the market value of 87 South Street, New York, NY 10038?

The current market value of 87 South Street, New York, NY 10038 is $3,146,000.

What is the total square footage of 87 South Street, New York, NY 10038?

87 South Street, New York, NY 10038 has a total of 424 square feet.

What is the price per square foot for this property?

$3,301 per square foot is the price for 87 South Street, New York, NY 10038.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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