59 West 87th Street, Manhattan
Apartment building · 5 units · built c. 1890 · Block 1201, Lot 5.
Building permits
No building permits on file for this lot.
Property taxes
- Assessment
- $2,838,600
- 2026–27 tax
- $8,765
- Market value (city estimate)
- $6,308,000
- Taxable value
- $70,465
- Assessed land
- $1,415,250
- Assessed improvements
- $1,423,350
Tax breaks
- Article XI exemption, through Jun 30, 2029, about $344,328 a year below the full tax.
Zoning
R7-2 (part of the lot is C1-9): floor area ratio 3.89 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Aug 19, 2025: $1,170,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Landmarks
Part of Upper West Side/Central Park West Historic District (Historic District). 8 Landmarks Preservation Commission permits are on file.