Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
87 LEONARD Street #2

For Sale · Listing by Corcoran Group

87 LEONARD Street #2

Tribeca, Manhattan

$12,950,000

Interested in this property?
Active For Sale • Condo

$12,950,000

$2,784 per sq ft

87 LEONARD Street #2

Tribeca, Manhattan

MLS® #RLS20115122

RLS at REBNY

Listing by Corcoran Group

4
Bedrooms
4.5
Baths
4,652
Sq. Ft.
1870
Year Built

Quick Summary

Bedrooms 4
Bathrooms 5 full, 1 half
Living Area 4,652 sq ft
Year Built 1870
Ownership Condo
HOA/Common Charges $6,939/mo
Property Taxes Contact for details
Neighborhood Tribeca
Floor 2 of 6

Property Highlights

  • Exposure: North,South facing
  • Style: Loft architecture
  • Character: Pre-war building (1870)

Property Details

Type Condo
Ownership Condominium
Total Rooms 7
Baths 4 Full, 1 Half
Floor 2 of 6
Exposure North,South
Pets Yes
Year Built 1870
Living Area 4,652 sq ft
Architectural Style Loft
Structure Type HighRise
Basement Other
Parcel # 0174-1303
Block/Lot 00174/1303

Listing History

Event Date Price Change
Listed Sep 15, 2026 $12,950,000 -
Currently Oct 31, 2026 $12,950,000 -

Recent Sales in This Building

What other apartments here closed for in the last three years, as reported to the REBNY Listing Service (RLS).

Closed Unit Beds Sold For Per Sq Ft
Nov 19, 2025 Unit MAIS1B 6 BR $7,900,000 $1,066
See every sale in this building

Description

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.

Features & Amenities

Interior Features

High Ceilings Walk In Closets Building None Washer Hookup In Unit

Exterior Features

None

Building Amenities

Storage

Appliances

Dishwasher

Building Information

Building Data View Compliance & Permits
Total Units 7
Stories 6
Structure HighRise
Style Loft

Financial Details

Common Charges $6,939/mo
RE Taxes Contact for details

Tribeca (the Triangle Below Canal) is synonymous with ultra-luxury and understated elegance. Once an industrial district, it is now home to some of the city's most expensive and sought-after real estate. The neighborhood is defined by its massive cast-iron loft buildings, cobblestone streets, and nearby public schools. Residents enjoy a discreet lifestyle in expansive lofts or in world-class new developments designed by 'starchitects' along the Hudson River waterfront.

Tribeca Live Market Data

View Neighborhood

Active Listings

156

Median Asking Price

$4.67M

Median $/Sqft

$2,262

Avg Days on Market

N/A

New This Week

4

Price Reduced

22%

Sold (30 Days)

15

Median Sale Price

$4.17M

Live data from RLS at REBNY • Updated 10/31/26, 8:35 AM EST

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Location

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87 LEONARD Street #2, Tribeca, New York County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
6
Floors
6
Residential Units
C6-2A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $14,577,077
Land Value: $247,860
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 5,474 SF
Building Area: 30,003 SF
Built FAR: 5.48
Allowed FAR: 6.02

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $6,939 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 4 bedrooms and 4 full bathrooms and 1 half bathroom.

The listed interior living area is 4,652 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1870, making it approximately 156 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $12,950,000 for 4,652 sq ft, the asking price per square foot is approximately $2,784. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20115122
First Listed: 9/15/2026
On Market: 9/15/2026
Price Changed: 9/15/2026
Contract Date: 9/15/2026

Listing Courtesy of Corcoran Group - Catherine Juracich Juracich

Listing Contact: (646) 283-1384

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 10/31/2026 at 12:35 PM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Tribeca Market Update

15 sales last 30 days · $4.67M median · 10.4 months supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Active Type Condo Neighborhood Tribeca Borough Manhattan
County New York
Floor 2 of 6
Year Built 1870
First Listed 9/15/2026
Style Loft
Living Area 4,652 sqft
Common Charges $6,939/mo

Monthly Costs Estimate

Down Payment 20%

$2,590,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $6,939
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $10M to $14,999,999 at 3.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$420,875

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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