---
title: "87 LEONARD Street #2, New York City, NY 10013"
description: "87 LEONARD Street #2, New York City, NY 10013 — Tribeca, New York City, NY. Listing Price $12,950,000. 4 bed, 5 bath, 4,652 sqft Illustrative Buyer Commission Share of $194,250 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10013/87-leonard-street-2-ny-10013"
source: "Real Estate Rebate Team"
dateModified: "2026-09-23T04:44:16.402Z"
status: "Active"
---

# 87 LEONARD Street #2, New York City, NY 10013

Tribeca, New York City, NY

Courtesy of Corcoran Group

Last updated: September 23, 2026, 12:44 AM

## At a Glance

- **Listing Price**: $12,950,000
- **Beds**: 4
- **Total Baths**: 5
- **Sqft**: 4,652
- **Common Charges**: $6,939 / mo
- **Price per Sqft**: $2,784
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $12,950,000
- **Illustrative Buyer Commission Share**: -$194,250*
- **Illustrative Net Cost**: $12,755,750

*Illustrative Buyer Savings of $194,250 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![87 LEONARD Street #2, New York City, NY 10013 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8d003a8e-fd68-49b1-b0f7-ec87cfeb4cee.jpg)
![87 LEONARD Street #2, New York City, NY 10013 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2abe3b97-26a7-4bf9-9816-7b5a02b29ae1.jpg)
![87 LEONARD Street #2, New York City, NY 10013 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/493b2a85-3dcf-4872-b403-a61dbcb5f5c6.jpg)
![87 LEONARD Street #2, New York City, NY 10013 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/324918e4-61c5-42a3-8e50-9e0220190df2.jpg)
![87 LEONARD Street #2, New York City, NY 10013 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/570411f4-8cba-484f-aaf0-ab00e5b8c691.jpg)
![87 LEONARD Street #2, New York City, NY 10013 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/37f72cf2-3f07-4ce3-a4c3-43a8bb8e2641.jpg)
![87 LEONARD Street #2, New York City, NY 10013 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a81488c0-0bbf-489d-853b-79cf87eb65dc.jpg)
![87 LEONARD Street #2, New York City, NY 10013 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/066010e8-5af5-410b-8f56-d98ddc9cea12.jpg)
![87 LEONARD Street #2, New York City, NY 10013 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6bafe0be-8fff-4030-af75-2a3a78face93.jpg)
![87 LEONARD Street #2, New York City, NY 10013 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3ce319da-1945-41a8-abd8-83670aee3d88.jpg)

## Property Overview

Luxury Full-Floor Tribeca Loft - 87 Leonard Street, Residence 2

 Experience the ultimate in downtown living at Residence 2 at 87 Leonard Street; a stunning full-floor loft in the heart of Tribeca. Spanning an impressive 4,652 square feet, this meticulously designed 4-bedroom, 5.5-bathroom home blends historic character with modern sophistication.

 Defined by grand scale and architectural elegance, the residence features soaring ceilings up to 13'4", restored cast-iron Corinthian columns, and oversized double-sash hardwood windows that flood the space with natural light. Every detail has been thoughtfully curated to preserve the building's heritage while offering the convenience of contemporary living.

 Designed for both comfortable living and elegant entertaining, the expansive open layout includes an oversized living space with pool table, a separate dining area & chef's kitchen. Truly a centerpiece of the home, the kitchen features an oversized island with marble countertops, a subway tile backsplash, and top-of-the-line appliances including a Sub-Zero 48" refrigerator, Wolf 48" six-burner range, custom vented hood, Sub-Zero wine refrigerator, and Miele dishwasher.

 This fully integrated smart home allows seamless control of lighting, climate, blinds, and audio directly from your smartphone-bringing effortless luxury to everyday life. Every night can be movie night with the custom automated projector and screen.

 The primary suite offers a serene retreat with northern exposures, three custom walk-in closets, and a spa-inspired bathroom adorned with floor-to-ceiling Calacatta Gold marble, vintage herringbone floors, custom vanities, and Waterworks fixtures, including a 70-inch soaking tub and glass-enclosed shower.

 Two generously sized secondary bedrooms featuring custom built-ins, and a beautifully appointed Jack-and-Jill bathroom, complete the private quarters.

 Originally built in 1870 and reimagined by GRADE Architecture, 87 Leonard Street is a boutique six-unit condominium that showcases a restored cast-iron facade and timeless Italianate design. Residents enjoy a part-time doorman (8AM - Midnight), fitness center, and private storage. Residence 2 includes a dedicated storage room, adding convenience to this exceptional offering.

## Property Details

- **Property Type**: Loft
- **Beds**: 4
- **Total Baths**: 5
- **Rooms**: 7
- **Sqft**: 4,652 sqft
- **Stories**: 6
- **Year Built**: 1870
- **Price per Sqft**: $2,784
- **Common Charges**: $6,939 / Monthly
- **Listed On**: Sep 15, 2026
- **Days on Market**: 17 Days

### Residence Features

- Washer Hookup
- In Unit
- High Ceilings
- Walk-In Closet(s)
- Dishwasher

## Estimated Monthly Payment

**$72,421 / month**, assuming a 20% down payment ($2,590,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $65,482
- **Common Charges**: $6,939

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

2 apartments at 87 LEONARD Street have recorded sales since October 2021, the most recent for $7,900,000 in November 2025. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| 1B (Apartment) | 6 | 7,414 | $7,900,000 | $1,066/ft² | November 18, 2025 | City record · MLS |
| PHA (Apartment) | 4 | 3,888 | $10,500,000 | $2,701/ft² | April 7, 2023 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

- **This home**: $12,950,000
- **Median sold price**: $7,650,000
- **Difference**: +$5,300,000 (+69.3%)
- **This home, $/ft²**: $2,784
- **Median $/ft²**: $2,388
- **Comparable sales**: 31
- **Sales from**: October 2024 – June 2026
- **Middle half of those sales**: $6,085,000 – $13,100,000

Based on condo four-bedroom sales in Tribeca.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Tribeca instead.

### How these sales were negotiated

- **Sale-to-list price**: 93.8% (25 sales)
- **Sold below asking**: 96% (25 sales)
- **Typical time to find a buyer**: 124 days (26 sales)
- **Typical time to close**: 59 days (25 sales)

Based on condo four-bedroom sales in Tribeca with the required listing and closing data. Sample sizes vary by metric.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

### Price trend

Median sale price, condo and house four-bedroom sales in Tribeca

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2016 | $6,771,363 | 11 |
| 2017 | $9,221,938 | 47 |
| 2018 | $8,251,412 | 28 |
| 2019 | $8,987,061 | 26 |
| 2020 | $7,021,650 | 16 |
| 2021 | $6,795,000 | 20 |
| 2022 | $6,990,000 | 18 |
| 2023 | $11,362,500 | 16 |
| 2024 | $7,449,500 | 12 |
| 2025 | $8,250,000 | 19 |

Based on recorded condo and house four-bedroom sales in Tribeca.

Sales data through June 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 87 LEONARD Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/87-leonard-street)

## Price and Property History for 87 LEONARD Street, Unit 2

Review the recorded listing activity for 87 LEONARD Street, Unit 2, including asking-price changes and prior market dates.

| Date | Price | Listing event |
| --- | --- | --- |
| September 15, 2026 | $12,950,000 | Listed for sale by Corcoran Group |
| August 17, 2026 | $13,950,000 | Listing removed from the market |
| June 11, 2026 | $13,950,000 | Asking price reduced by $1,000,000, or 6.7% |
| April 14, 2026 | $14,950,000 | Listed for sale by Corcoran Group |

## Property Tax History

Taxes at 87 LEONARD Street #2 were $73,447 in 2026, up 8.0% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $2,486,678 | $42,282 | $2,444,396 | $587,577 | $73,447 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $2,358,461 | $42,282 | $2,316,179 | $544,053 | $68,007 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $2,211,062 | $42,282 | $2,168,780 | $544,053 | $68,007 | 12.5% |
| 2023 (FY 2023/24) | $2,053,874 | $42,282 | $2,011,592 | $522,394 | $65,310 | 12.502% |
| 2022 (FY 2022/23) | $2,178,110 | $42,282 | $2,135,828 | $488,141 | $49,428 after $10,452 abatement | 12.267% |
| 2021 (FY 2021/22) | $2,178,110 | $42,282 | $2,135,828 | $451,982 | $16,538 after $38,762 abatement | 12.235% |
| 2020 (FY 2020/21) | $2,182,025 | $42,282 | $2,139,743 | $418,502 | $51,338 | 12.267% |
| 2019 (FY 2019/20) | $2,026,991 | $42,282 | $1,984,709 | $429,378 | $53,556 | 12.473% |
| 2018 (FY 2018/19) | $390,966 | — | — | $390,966 | $49,309 | 12.612% |
| 2017 (FY 2017/18) | $365,326 | — | — | $365,326 | $46,466 | 12.719% |
| 2016 (FY 2016/17) | $345,444 | — | — | $345,444 | $44,535 | 12.892% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Where an abatement applies, Property Tax is the amount owed after it. Abatements are granted to the property and do not necessarily transfer to a new owner.

Figures are the New York City Department of Finance assessment roll for tax lot 1001741303. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 87 LEONARD Street

87 LEONARD Street, New York, NY 10013

A building in the neighborhood, currently featuring 1 active listing.

- **Year Built**: 1870
- **Active Units**: 1
- **Floors**: 6

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/87-leonard-street)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [2](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10013/87-leonard-street-2-ny-10013) | 4 | 5 | 4,652 sqft | $2,784 | $12,950,000 | Corcoran Group | Sep 15, 2026 | 17 days |

## Potential NYC Second-Home Tax

This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price.

[Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator)

## Tribeca

Overview of Tribeca

[Explore Tribeca](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/tribeca) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Tribeca

- [Civic Center real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/civic-center)
- [SoHo real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/soho)
- [Little Italy real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/little-italy)
- [Battery Park City real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/battery-park-city)
- [Chinatown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chinatown)
- [Nolita real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/nolita)

## Related Links

- [87 LEONARD Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/87-leonard-street)
- [Tribeca neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/tribeca)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.