166 West 87th Street, Manhattan
Apartment building · 201 units · built c. 1914 · Block 1217, Lot 57.
Building permits
- Alteration, filed Dec 28, 2023, described as “Installation of outriggers for facade repair and inspection”
- Alteration, filed Sep 7, 2023, estimated cost $230K, described as “Filing for Facade Repairs to include the rebuild of 6' parapet at North Facade and to remove abandoned chimney down to parapet.”
- Alteration, filed Feb 17, 2023, estimated cost $1K, described as “Installation of sidewalk shed as indicated on the attached drawings. There are no changes in use, egress or occupancy.”
Property taxes
- Assessment
- $4,495,050
- Market value (city estimate)
- $9,989,000
- Taxable value
- $0
- Assessed land
- $1,800,900
- Assessed improvements
- $2,694,150
Tax breaks
- 420-c exemption, through Jun 30, 2057, about $559,139 a year below the full tax.
Zoning
R7-2: floor area ratio 6.62 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.