New York City  »  10002  »  Delancey St  »  87-89 Delancey St

Masaryk Towers - 87-89 Delancey Street, New York, NY 10002 - Property report

Also known as: 43-55 Columbia St

Property image for Masaryk Towers - 87-89 Delancey Street, New York, NY 10002
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Property type

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

Year built

1966

Lot sq. ft.

357,575

General information

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Address
Building name
Masaryk Towers
Primary address
Masaryk Towers - 87-89 Delancey Street
Alternate address(es)
232 Delancey St
232 Delancey St N
43-55 Columbia St
ZIP code
10002
Neighborhood
Lower East Side
Borough
Manhattan
Block & lot
00333-0001

Owner

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Building
Property type
Elevator Apartments Cooperatives Building (Other than Condominiums) (XD4)
Building sq. ft.
1,191,180
Building dimensions
280.83 ft x 100.83 ft
Buildings on lot
4
Stories
21
Year built
1966
Tax
Tax year
2026-2027
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
1099
Residential sq. ft.
Commercial units
5
Office sq. ft.
Retail sq. ft.
Lot
Frontage(s)
Stanton Street (narrow)
Delancey Street (wide)
Distance to wide street
Lot dimensions
450 ft x 803.25 ft
Lot sq. ft.
357,575

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
96 /100.  Biker's Paradise
School district
1
Community district
3
Closest police station
0.08 Miles
Closest fire station
0.20 Miles

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

Ownership information for Masaryk Towers - 87-89 Delancey Street, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for Masaryk Towers - 87-89 Delancey Street, New York, NY 10002

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/10/2025 - R
06/26/2025 - D
Subordination of Mortgage
(2025070700972004)
XXX XXXX XX XXX XXXX XXX XXXXXXX XXXXXXXXXXX XXXX
07/10/2025 - R
06/26/2025 - D
Mortgage
(2025070700972003)
XXXXXXX XXXXXX XXXXXXXXXXX XXX XXXXXXX XXXXXXXXXXX XXXX
07/10/2025 - R
06/26/2025 - D
Agreement
(2025070700972002)
XXXXXXX XXXXXX XXXXXXXXXXX XXX XXXXXXX XXXXXXXXXXX XXXX
07/10/2025 - R
06/26/2025 - D
Agreement
(2025070700972001)
XXXXXXX XXXXXX XXXXXXXXXXX XXX XXXXXXX XXXXXXXXXXX XXXX
06/04/2024 - R Initial UCC1
(2024013100482030)
XXXXXXXXXX XXXXX XXXXXXXXXXX XXXXXXXXXXXXX XXX
06/04/2024 - R Initial UCC1
(2024013100482028)
XXXXX XXXXXX XXXXXXXXXXX XXXXXXXXXXXXX XXX
06/04/2024 - R Initial UCC1
(2024013100482027)
XXX XXXX XXXX XXXXXXXXXXX XXXXXXXXXXXXX XXX
06/04/2024 - R Initial UCC1
(2024013100482026)
XXXX XXXXXX XXXXXXXXXXX XXXXXXXXXXXXX XXX
06/04/2024 - R Initial UCC1
(2024013100482025)
XXXXXXX XXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXXXXXXX XXX
06/04/2024 - R Initial UCC1
(2024013100482024)
XXXXXXXX XXXXXXXXX XXXXXXXXXXX XXXXXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Masaryk Towers - 87-89 Delancey 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
Municipal exemptions
Recent tax assessments
Market value
$97,578,000
Assessed value
$43,910,100

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 $86,909,000 $39,109,050 $0 12.439% $4,234,882 $0 n/a
2024/25 $76,737,000 $34,531,650 $0 12.5% $4,124,649 $0 n/a
2023/24 $74,063,000 $33,328,350 $0 12.502% $4,088,199 $0 n/a
2022/23 $71,057,000 $31,975,650 $0 12.267% $3,911,902 $0 n/a
2021/22 $63,514,000 $28,581,300 $0 12.235% $3,496,922 $0 n/a
2020/21 $70,348,000 $31,656,600 $0 12.267% $3,520,917 $0 n/a
2019/20 $68,472,000 $30,812,400 $0 12.473% $3,413,735 $0 n/a
2018/19 $64,481,000 $29,016,450 $0 12.612% $3,202,685 $0 n/a
2017/18 $58,739,000 $26,432,550 $0 12.719% $3,092,171 $0 n/a
2016/17 $56,875,000 $25,593,750 $0 12.892% $3,017,587 $0 n/a

Permit information for Masaryk Towers - 87-89 Delancey Street, New York, NY

Filing date Job type Job status Job description Initial cost
03/30/2026 Alteration
03/28/2026 Alteration
03/24/2026 Alteration
03/23/2026 Alteration
03/20/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

HPD Violations

Violation ID Inspection date Class NOV issue date Status
08/23/2026 B
08/23/2026 C
08/23/2026 C

*Most recent HPD violations on record for this property.

Lower East Side residential market stats

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

Median sale price

$990,000

Median price/sq. ft.

$1,550

-6.3% Y-o-Y

Manhattan median sale price

$1,260,000

5.4% Y-o-Y

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

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
3,4

Subway & traffic

Closest station
Norfolk St & Delancey St at NE Corner
Station lines
F-J-M-Z
Distance (miles)
0.335

Access the detailed traffic volume map for Masaryk Towers - 87-89 Delancey Street, New York, NY 10002 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)
Cooke Center Grammar School NR No Private K-8 0 0.12
New Explorations Into Science, Tech and Math High School 9 No Public K-12 1,610 0.16
P.S. 142 Amalia Castro 6 No Public PK, K-5 336 0.17
P.S. 142 Amalia Castro 6 No Public PK, K-5 336 0.17
Manhattan Charter School 4 No Charter K-5 179 0.17
P.S. 140 Nathan Straus 5 No Public PK, K-8 295 0.17
P.S. 140 Nathan Straus 5 No Public PK, K-8 295 0.17
P.S. 110 Florence Nightingale 7 No Public PK, K-5 289 0.19
P.S. 110 Florence Nightingale 7 No Public PK, K-5 289 0.19
Beth Jacob Parochial School NR No Private PK-8 178 0.20
Nearest middle schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
Cooke Center Grammar School NR No Private K-8 0 0.12
New Explorations Into Science, Tech and Math High School 9 No Public K-12 1,610 0.16
P.S. 140 Nathan Straus 5 No Public PK, K-8 295 0.17
Beth Jacob Parochial School NR No Private PK-8 178 0.20
P.S. 188 The Island School 6 No Public PK, K-8 336 0.23
Girls Prep Lower East Side 6 No Charter PK, K-9 307 0.23
School For Global Leaders 6 No Public 6-8 151 0.32
Cornelia Connelly Center NR No Private 4-8 90 0.41
University Neighborhood Middle School 2 No Public 6-8 160 0.41
Tompkins Square Middle School 7 No Public 6-8 323 0.41
Nearest high schools

Name Rating Att. zoned Type Grade range No of students Distance (miles)
New Explorations Into Science, Tech and Math High School 9 No Public K-12 1,610 0.16
Bard High School Early College 8 No Public 9-12 564 0.25
Lower East Side Preparatory High School 3 No Public 9-12 438 0.31
Marta Valle High School NR No Public 9-12 97 0.32
Orchard Collegiate Academy 5 No Public 9-12 271 0.41
University Neighborhood High School 7 No Public 9-12 487 0.42
Lower Manhattan Arts Academy 2 No Public 9-12 315 0.45
Essex Street Academy 5 No Public 9-12 344 0.45
Urban Assembly Academy Of Government And Law 6 No Public 9-12 286 0.45
New Design High School 4 No Public 9-12 455 0.45

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

Frequently asked questions

What is the year built for Masaryk Towers - 87-89 Delancey Street, New York, NY 10002?

The development at Masaryk Towers - 87-89 Delancey Street, New York, NY 10002 was built in 1966.

What is the total square footage of Masaryk Towers - 87-89 Delancey Street, New York, NY 10002?

Masaryk Towers - 87-89 Delancey Street, New York, NY 10002 has a total of 1,191,180 square feet.

What is the assessed value of Masaryk Towers - 87-89 Delancey Street, New York, NY 10002?

Masaryk Towers - 87-89 Delancey Street, New York, NY 10002 is currently assessed at $43,910,100.

How many residential units does this building have?

This building has 1099 residential unit(s).

Disclaimer

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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.

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