$7,900,000
SOLD NOV 19, 2025
6 Beds
5.5 Baths
7,414 Sq Ft
$5,114/mo HOA Fee

Recently Sold

$1,066 Per Sq Ft

12% Below List Price

153 Days on Market

Highlights

  • Terrace
  • 3-minute walk to Franklin Street
  • Elevator
  • P.S. 397 Spruce Street School Rated A
  • Community Garden
  • 3-minute walk to Collect Pond Park

About This Home

As of November 2025

Carefully crafted, Maisonette 1B is designed for everyday living and entertainment, with bountiful options amid four levels of 7,414 interior square feet and 444 exterior square feet. Completed with double height ceilings and authentic loft features including original wood beams and Corinthian columns, this immaculate home offers the possibility of as many as four additional sleeping chambers. One can enjoy townhouse living effortlessly within a condominium. The first floor’s enormous great room, adjacent to a private landscaped garden, flows into the chef’s kitchen with a marble island, built-in banquette, Sub-Zero and Wolf appliances, and is rounded off by a bedroom with a walk-in closet and en-suite bath. One flight up, the lofted mezzanine’s primary suite boasts five closets, a private terrace, and a decadent bathroom with floor-to-ceiling Calacatta Gold Marble, vintage herringbone-patterned floors, and a free-standing porcelain soaking tub. Recessed lighting in the stairwell guides you to the two lower levels with endless recreational space and flexibility, in addition to a private basketball court, wet bar and full-sized laundry room. A landmark cast-iron building dating back over 150 years, 87 Leonard has been meticulously restored and converted into Tribeca’s premier boutique offering. Amenities at 87 Leonard include a part-time doorman, fitness center, and storage. Pets are welcome.

Last Agent to Sell the Property

Emily Beare

CORE Group Marketing LLC License #10301202451 Listed on: 03/26/2025

CORE Group Marketing LLC

Co-Listed By

Beth Doud

CORE Group Marketing LLC License #10401322042

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $65,664

Year Built

  • Built in 1860

HOA Fees

  • $5,114 Monthly HOA Fees

Home Design

  • 7,414 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms

Additional Features

  • Laundry in unit
  • Terrace
  • Garden

Listing and Financial Details

  • Legal Lot and Block 7504 / 00174

Community Details

Overview

  • 7 Units
  • Tribeca Subdivision
  • 8-Story Property

Amenities

  • Community Garden
  • Building Terrace
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$65,664

Year Built

Built in 1860

Lot Details

0

HOA Fees

$5,114 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: TriBeCa
  • Structure Type: None
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Fireplace: No
  • Living Area: 7414.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Bathrooms Integer: 6
  • Bedrooms: 6

Exterior Features

  • Exterior Features: Building Garden, Garden, Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Elevator(s)

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 5114.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 5474.0
  • Lot Size Dimensions: 48.92 x 125.0

Building Info

  • New Construction: No
  • Units: 7
  • Spa: No
  • Total Stories: 8
  • Year Built: 1860

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00174
  • Tax Lot: 7504
  • Tax Annual: 65664.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2016
Sold by
Leonard Street Owner Llc
Bought by
Balt And Ro Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $7,893,438 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2025 11/19/25 Sold $7,900,000 -0.6% $1,066 / Sq Ft
08/26/2025 08/26/25 Pending -- -- --
07/23/2025 07/23/25 Price Changed $7,950,000 -11.7% $1,072 / Sq Ft
03/26/2025 03/26/25 For Sale $9,000,000 -- $1,214 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $65,672 $525,288 $9,417 $515,871
2024 $65,672 $525,288 $40,824 $515,243
2023 $61,872 $504,377 $10,383 $493,994
2022 $57,664 $2,103,003 $40,824 $2,062,179
2021 $53,532 $2,103,003 $40,824 $2,062,179
2020 $50,399 $2,106,783 $40,824 $2,065,959
2019 $52,285 $1,957,095 $40,824 $1,916,271
2018 $48,012 $377,482 $38,472 $339,010
2017 $44,863 $352,728 $40,824 $311,904
2016 $42,999 $333,530 $40,805 $292,725
Source: Public Records

Agents Affiliated with this Home

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Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20012043

Real Estate Board of New York (REBNY)

APN: 0174-1302