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The Franklin - 164 East 87th Street, New York, NY 10128 Property Information

The Franklin - 164 East 87th Street, New York, NY 10128 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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The Franklin - 164 East 87th Street, New York, NY 10128 2
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Address

Building name The Franklin
Primary address The Franklin - 164 East 87th Street
Neighborhood Carnegie Hill
Zip code 10128
Borough Manhattan
Block & lot 01515-0045

Sales & Tax Overview for 164 East 87th Street, New York

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Tax class
Estimated property tax $481,706

Lot & Building Information for 164 East 87th Street, New York

Lot sq. ft. 2,571
Lot dimensions 25.56 ft x 100.71 ft
Property type Limited Service - Many Affiliated with National Chain (H3)
Building sqft 18,300
Building dimensions 25 ft x 85 ft
Buildings on lot 1
Stories 9
Year built 1930
Construction type
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Zoning & Use for 164 East 87th Street, New York

Zoning
Commercial units 1

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 8

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 164 East 87th Street, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for The Franklin - 164 East 87th Street, New York, NY 10128, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for The Franklin - 164 East 87th Street, New York, NY 10128, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 164 East 87th Street, New York

How many square feet does The Franklin - 164 East 87th Street, New York, NY 10128 have?

This Limited Service - Many Affiliated with National Chain (H3) located at The Franklin - 164 East 87th Street, New York, NY 10128 has a total of 18,300 square feet.

What is the year built & the current market value of The Franklin - 164 East 87th Street, New York, NY 10128?

The Franklin - 164 East 87th Street, New York, NY 10128 was built in 1930 and has a current tax assessor's market value of $10,872,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 164 East 87th Street, New York

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Property owner name for The Franklin - 164 East 87th Street, New York, NY 10128
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Building contacts for The Franklin - 164 East 87th Street, New York, NY 10128
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
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Past Sales & Property History for 164 East 87th Street, New York

Create a free account to view the complete sales history for 164 East 87th Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 164 East 87th Street, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
03/04/2020 - D
03/19/2020 - R
Assignment of Lease
(2020031800634001)
08/21/2015 - D
08/25/2015 - R
Easement
(2015081800122005)
08/04/2015 - D
08/25/2015 - R
Sundry Agreement
(2015081800122003)
07/31/2015 - D
08/25/2015 - R
Agreement
(2015081800122004)
07/31/2015 - D
08/25/2015 - R
Zoning Lot Description
(2015081800122002)
06/15/2015 - D
08/25/2015 - R
Certificate
(2015081800122001)
05/05/2010 - D
09/17/2010 - R
UCC3 Termination
(2010091600841007)
05/05/2010 - D
09/17/2010 - R
Satisfaction of Mortgage
(2010091600841002)
05/05/2010 - D
09/17/2010 - R
Termination of Assign of L&R
(2010091600841001)
10/23/2007 - D
11/21/2007 - R
Assignment of Leases and Rents
(2007110201105004)
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R: Recorded date
D: Document date

Property Taxes for 164 East 87th Street, New York

Access detailed property tax data for The Franklin - The Franklin - 164 East 87th Street, New York, NY 10128. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $450,620
Estimated property tax: $481,706
Tax assessor's market value: $10,872,000
Assessed value: $4,892,400

Assessment History for 164 East 87th Street, New York

Here's the assessment & property tax history for 164 East 87th Street, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $10,872,000 $4,892,400 $4,153,950 10.848% $450,620 $450,620 +6.09%
2024/25 $10,044,000 $4,519,800 $3,946,860 10.762% $424,761 $424,761 +4.19%
2023/24 $8,853,000 $3,983,850 $3,848,850 10.592% $407,670 $407,670 +1.02%
2022/23 $8,424,000 $3,790,800 $3,790,800 10.646% $403,569 $403,569 +4.73%
2021/22 $7,962,000 $3,582,900 $3,582,900 10.755% $385,341 $385,341 -6.58%

Permits for 164 East 87th Street, New York

The complete history of permits filed for 164 East 87th Street, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
04/17/2023 Alteration
01/07/2022 Alteration
01/06/2022 Alteration
01/06/2022 Alteration
10/11/2021 Alteration
07/14/2021 Alteration
05/27/2021 Alteration
12/14/2020 Alteration
12/08/2020 Alteration type 2
09/18/2020 Alteration
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Manhattan Commercial Market Stats

Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$680
4.4% YoY
Median Price/Sqft Q4/2025
$550
-15.8% YoY
Median Price/Sqft 2025
$607
-2.5% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Lexington Ave & 86th St at NE Corner
Station lines 4-5-6
Distance (miles) 0.04
View subway map
Bus Routes
Name E 86 St/Lexington Av
Line M86+
Distance (miles) 0.04

Neighbors for 164 East 87th Street, New York

Here are the neighbors for The Franklin - The Franklin - 164 East 87th Street, New York, NY 10128.

Address Square feet Purchase date Purchase price
410 E 92nd St, New York 124,009
330 E 72nd St, New York 33,133
310 E 53rd St, New York 190,037
450 E 83rd St, New York 198,774
455 Main St, New York 188,941
1865 2nd Ave, New York 21,156
408 E 79th St, New York 108,075
219 E 67th St, New York 27,415
451 E 86th St, New York 10,296
3 E 95th St, New York 46,260
324 E 112th St, New York 22,295
408 E 67th St, New York 5,180
440 E 117th St, New York 13,482
350 E 82nd St, New York 224,778
124 E 118th St, New York 7,555
214 E 70th St, New York 9,300
158 E 100th St, New York 9,093
2132 2nd Ave, New York 36,859
205 E 59th St, New York 133,851
207 E 57th St, New York 108,651
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