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87 East 2nd Street

87 East 2nd Street, New York, NY 10003
Co-op in Bowery
28 Units
87 East 2nd Street is a Co-op located in Bowery, New York. The building was first built in 1910 and is 114 years old. The lot that the building was built on is 50 feet wide and 100 feet long. The official lot area is listed as 5,000 square feet. The building itself is 50 feet wide and 98 feet long. In total, 87 East 2nd Street has a total floor area of 22,625 square feet. Of that, 20,125 square feet are used for residential purposes. About 2,500 square feet of the building are used for commercial purposes. There are a total of 28 units. Of those, 27 are residential units. There is one commercial unit. 87 East 2nd Street has a total of 5 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. For your convenience, laundry is located in the building. Better yet, washer and dryers are allowed in each unit. There are 30 closings on record, of which we have matching data for 11 listings. In the past 3 years, a listing in this building will typically remain on the market for about 132 days Meaning, listings tend to sell at a median of $1,395 price per square foot. The transaction that took the longest to complete was unit 3A, listed on Oct 06, 2022 for $1,395,000. This particular unit ultimately sold 335 days later for $1,210,000. The most recent transaction was for unit 2E, which was first advertised on Dec 05, 2023, sold for $1,200,000 on Jan 30, 2024. Fun fact, the oldest transaction we have on record took place on Jan 18, 1966. See the full transaction history for 87 East 2nd Street below.

Bowery, where 87 East 2nd Street is located, has a median asking price of $1,195,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $1,197,500. For interested buyers, that means the building's median asking price is around 0.00% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Facilities

Storage Available
Laundry Room

Laundry

Washer / Dryer Allowed

Building Style

Prewar

Accessibility

Elevators

Pet Policy

Dogs Allowed / Cats Allowed

Outdoor Space

Garden

Ownership & Occupancy

Pied-à-Terre Allowed
This property description is generated based on publicly available data.

6 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230413 Unit 3A
04/13/2023
3A
2 Bed
1 Bath
950 ft²
$1,295,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
950 ft²
$1,210,000 -6.56%
09/06/2023
-
MARYAM AKHAVIZADEH
Prudential Douglas Elliman Real Estate
20160316 Unit 4A
03/16/2016
4A
2 Bed
1 Bath
950 ft²
$1,350,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
950 ft²
-
-
-
Vanessa Bossard
Elliman
20150929 Unit 4E
09/29/2015
4E
2 Bed
1 Bath
1000 ft²
$1,500,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1000 ft²
$1,520,000 +1.33%
01/27/2016
MARYAM AKHAVIZADEH
Douglas Elliman Real Estate
20150608 Unit 3D
06/08/2015
3D
1 Bed
1 Bath
-
$995,000
bedrooms
1 Bed
bathrooms
1 Bath
$950,000 -4.52%
02/05/2016
MARYAM AKHAVIZADEH
Douglas Elliman Real Estate
20140624 Unit 4D
06/24/2014
4D
1 Bed
1 Bath
-
$1,130,000
bedrooms
1 Bed
bathrooms
1 Bath
$1,122,500 -0.66%
10/01/2014
MARYAM AKHAVIZADEH
Douglas Elliman Real Estate
20140421 Unit 5D
04/21/2014
5D
1 Bed
1 Bath
-
$1,195,000
bedrooms
1 Bed
bathrooms
1 Bath
$1,195,000
10/02/2014
MARYAM AKHAVIZADEH
Douglas Elliman Real Estate

Building Info

Overview

    General

  • Year Built: 1910
  • Building Count: 1
  • Floor Count: 5
  • Total Unit Count: 28
  • Residential Unit Count: 27
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 5,000
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 50
  • Building Depth: 98
  • Building Frontage: 50
  • Gross Building Area: 22,625

    Building Floor Area

  • Residential Building Floor Area: 20,125
  • Commercial Building Floor Area: 2,500
  • Retail Building Floor Area: 2,500

    Floor Area Ratio

  • Built Floor Area Ratio: 5
  • Residential Floor Area Ratio: 4
  • Facilities Floor Area Ratio: 4

Building

  • Building Type: D4
  • Lot Type: 3
  • Land Use: 03
  • Irregular Lot Code: N
  • Proximity Code: 3
  • Extension Code: N

Neighborhood

  • Community District: 103
  • City Council District: 2
  • Police Precinct: 9
  • Fire Company: E028
  • Health Area: 6500
  • Sanitation District Borough: 1
  • Sanitation Subsection: 3B
  • School District: 01

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R7A
  • Zoning Commercial Overlay 1: C2-5

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 443
  • Lot: 30
  • Borough Block Lot: 1004430030

    Address

  • Full Address: 29 1 Avenue
  • Zip Code: 10003

Valuation

    Assessments Valuation

  • Assessed Total Value: $2,213,100
  • Assessed Land Value: $319,500

    Exemptions

  • Exempt Total Value: $7,380
  • Exempt Land Value: $0

About Downtown Manhattan



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Frequently Asked Questions

What neighborhood is 87 East 2nd Street located in?
The 87 East 2nd Street is a Co-op located in the neighborhood of Bowery in Downtown Manhattan, New York.
What is the average sales price for listings in 87 East 2nd Street?
The average sales price for units in 87 East 2nd Street is $1,197,500 , or $1,395/sqft. currently.

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