New York City » 10128 » E 87th St » 164 E 87th St

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

Also known as: 164 E 87th St

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

Property type

Limited Service - Many Affiliated with National Chain (H3)

Year built

1930

Lot sq. ft.

2,571

General information

Address

Building name

The Franklin

Primary address

The Franklin - 164 East 87th Street

ZIP code

10128

Neighborhood

Carnegie Hill

Borough

Manhattan

Block & lot

01515-0045

Building

Property type

Limited Service - Many Affiliated with National Chain (H3)

Building sq. ft.

18,300

Building dimensions

25 ft x 85 ft

Buildings on lot

Stories

Year built

1930

Building material

Tax

Tax year

2026-2027

Property tax

$481,707

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

25.56 ft x 100.71 ft

Lot sq. ft.

2,571

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

84 /100. Very Bikeable

School district

Community district

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

Ownership

Ownership information for The Franklin - 164 East 87th 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 The Franklin - 164 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	Party 1	Party 2
03/19/2020 - R 03/04/2020 - D	Assignment of Lease (2020031800634001)	XXXXXXXX XXX XXX	XXX XXXXXXXX XXXXX XXX
08/25/2015 - R 08/21/2015 - D	Easement (2015081800122005)	XXX XXXX XXXX XXXXXX XXX	XXXXX XXXXXX XXX
08/25/2015 - R 08/04/2015 - D	Sundry Agreement (2015081800122003)	XXXXXXXX XXX XXX
08/25/2015 - R 07/31/2015 - D	Agreement (2015081800122004)	XXXXX XXXXXX XXX	XXX XXXX XXXX XXXXXX XXX
08/25/2015 - R 07/31/2015 - D	Zoning Lot Description (2015081800122002)	XXXXX XXXXXX XXX
08/25/2015 - R 06/15/2015 - D	Certificate (2015081800122001)	XXXXX XXXXXXXX XXXXX XXXXXXXXX XXXXXXX
09/17/2010 - R 05/05/2010 - D	UCC3 Termination (2010091600841007)	XXX XXXX XXXX XXXXXX XXX	XXXXXXXXX XXXX
09/17/2010 - R 05/05/2010 - D	Satisfaction of Mortgage (2010091600841002)	XXXX XXXXXX XXXXXX XXX	XXXXXXXXX XXXX
09/17/2010 - R 05/05/2010 - D	Termination of Assign of L&R (2010091600841001)	XXXX XXXXXX XXXXXX XXX	XXXXXXXXX XXXX
11/21/2007 - R 10/23/2007 - D	Assignment of Leases and Rents (2007110201105004)	XXX XXXX XXXX XXXXXX XXX	XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for The Franklin - 164 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

$481,707

Municipal exemptions

Recent tax assessments

Market value

$11,146,000

Assessed value

$5,015,700

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	$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%
2020/21	$8,571,000	$3,856,950	$3,856,950	10.694%	$412,462	$412,462	-2.86%
2019/20	$8,955,000	$4,029,750	$4,029,750	10.537%	$424,615	$424,615	-10.08%
2018/19	$10,050,000	$4,522,500	$4,491,090	10.514%	$472,193	$472,193	+2.38%
2017/18	$10,283,000	$4,627,350	$4,386,590	10.514%	$461,206	$461,206	+4.85%
2016/17	$9,947,000	$4,476,150	$4,159,798	10.574%	$439,857	$439,857	+3.94%

Permits

Permit information for The Franklin - 164 East 87th Street, New York, NY

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

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	04/25/2023	Lblvio-low pressure boiler boiler required
	12/17/2021	Evcat5-non-residential elevator periodic inspection/test
	09/21/2018	E-elevator elevatorrequired

*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 & 86th St at NE Corner

Station lines

4-5-6

Distance (miles)

0.04

View subway map

Access the detailed traffic volume map for The Franklin - 164 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

Nearby ZIP codes for The Franklin - 164 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 The Franklin - 164 East 87th Street, New York, NY 10128?

The development at The Franklin - 164 East 87th Street, New York, NY 10128 was built in 1930.

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

The current market value of The Franklin - 164 East 87th Street, New York, NY 10128 is $11,146,000.

What is the total square footage of The Franklin - 164 East 87th Street, New York, NY 10128?

The Franklin - 164 East 87th Street, New York, NY 10128 has a total of 18,300 square feet.

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.