Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,625,000

· Closed August 29, 2023

87 CROSBY Street #5R
Closed For Sale Co-op

$2,625,000

87 CROSBY Street #5R

East Village, Manhattan

null

MLS® #RLS10882953

RLS at REBNY

Listing by Brown Harris Stevens Residential Sales LLC

2

Bedrooms

2

Baths

N/A

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Year Built 1900
Ownership Co-op
Maintenance $4,500/mo
Neighborhood East Village
Floor 5 of 6

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1900)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 5 of 6
Pets Yes
Cross Street CLEVELAND PLACE and PRINCE STREET
Year Built 1900
Architectural Style Prewar
Parcel # 0496-0005

Listing History

Event Date Price Change
Listed Mar 16, 2023 $3,495,000 -
Price Reduced Aug 30, 2023 $2,995,000 -14.3%
Currently Apr 23, 2026 $2,625,000 -12.4%

Description

Located in the heart of historic Soho and spanning an entire city block with gorgeous light from three exposures, this is an extraordinary opportunity, available for the first time since 1978, to create the loft home of your dreams. Greet your day with the morning sun from huge, East facing windows on Lafayette Street; South facing windows stream light all day with picturesque courtyard views, and end your day with lovely, golden hour light from the West, facing onto Crosby Street. This full floor space is a wide open palette waiting for your vision, and the possibilities are countless to create a fabulous loft home. The space has key-locked elevator entry, video intercom system, washer/dryer. Central AC is allowed with board approval. Built in 1900, the building is surrounded by world class restaurants and shopping and radiates the magic, charm and artist's spirit that has made Soho NYC one of the most iconic neighborhoods in the world!

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Washer Dryer Allowed

Building Information

Building null
Total Units 7
Stories 6
Style Prewar

Financial Details

Maintenance $4,500/mo
Original Price $3,495,000
Sale Price $2,625,000
Previous Price $2,995,000

The East Village remains New York’s epicenter of counter-culture and artistic expression. Known for its active street life, community gardens, and legendary music venues, the neighborhood offers an energy unlike any other. The real estate market is characterized by historic tenement-style cooperatives, historic low-rise walk-ups, and a growing selection of modern boutique condominiums that offer luxury amenities in Downtown Manhattan.

East Village Live Market Data

View Neighborhood

Active Listings

95

Median Asking Price

$1.30M

Median $/Sqft

$1,763

Avg Days on Market

N/A

New This Week

5

Price Reduced

24%

Sold (30 Days)

4

Median Sale Price

$1.36M

Live data from RLS at REBNY • Updated 4/23/26, 4:27 AM EST

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Location

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87 CROSBY Street #5R, East Village, New York County • Near CLEVELAND PLACE and PRINCE STREET

Floor Plans

Floor Plan

Building Information

Official NYC property records for this building

1900
Year Built
126 years old
6
Floors
7
Residential Units
M1-5/R7D
Zoning District
Elevator Apartments Historic District: SoHo-Cast Iron Historic District Extension

Tax & Assessment

Assessed Value: $5,796,000
Land Value: $1,152,000
Exemptions: $4,580

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

Lot Area: 3,450 SF
Building Area: 20,080 SF
Built FAR: 5.82
Allowed FAR: 4.66

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 monthly maintenance are $4,500 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1900, making it approximately 126 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pet policy requires confirmation with the listing broker.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. 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: RLS10882953
First Listed: 3/16/2023
Price Changed: 8/30/2023
Closed: 8/29/2023
Contract Date: 3/16/2023

Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Leah Blesoff

Listing Contact: (212) 381-2376

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.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/23/2026 at 8:27 AM UTC

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