- Year built
- 1880
- Type
- Condominium
- Units
- 18
- Floors
- 6
Every recorded sale at this building, 2008–2010
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf (floor-adjusted)
- $579
- Recorded sales
- 19
- On record
- 2008–2010
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 87 Elizabeth Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
87 Elizabeth Street is an intimate low-rise condominium in Nolita, sitting on a block that captures the neighborhood's blend of Old New York fabric and contemporary retail. The building dates to 1880 and was converted into a boutique condominium of loft-style residences, combining historic bones with modern interiors.
The building is often addressed as 87–89 Elizabeth Street and occupies a quiet stretch a short walk from the shops and restaurants of Elizabeth, Mott and Mulberry streets. Its small scale and full-time door coverage make it unusual for a building of this size in the neighborhood.
Pricing reflects the premium on well-executed Nolita condominium product in a limited-inventory pocket of the market. Values move with floor, exposure, outdoor space and layout.
Architecture and building operations
The building is a six-story masonry structure originally built in 1880 and later converted for residential use. Interiors favor spacious, loft-like layouts with high ceilings and generous room sizes; several apartments, including penthouse units, include private balconies that bring outdoor space and light to the homes.
Operations: The building offers a full-time doorman and is elevator-served, with in-unit laundry across the residences. Staffing is scaled to a boutique condominium.
Policy framework
- Type: Condominium
- Pets: Permitted
- Pied-à-terre: Permitted
- Subletting: Permitted
- Financing: Standard condominium LTV
- LLC/trust/foreign buyers: All permitted
- Right of first refusal: Procedural only
Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 emissions caps apply. No regulatory capital pressure from this law specifically, current or 2030.
See full Local Law 97 analysis →Recent sales
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF |
|---|---|---|---|---|
| Apr 28, 2010 | 4C | 777 sf | $450,000 | $579/sf |
| Aug 27, 2008 | 6ASponsor Sell-Out | 777 sf | $225,000 | $290/sf |
| Aug 27, 2008 | 2ASponsor Sell-Out | 777 sf | $329,903 | $425/sf |
| Aug 27, 2008 | 2BSponsor Sell-Out | 777 sf | $321,204 | $413/sf |
| Aug 27, 2008 | 2CSponsor Sell-Out | 777 sf | $327,561 | $422/sf |
| Aug 27, 2008 | 2DSponsor Sell-Out | 777 sf | $304,022 | $391/sf |
| Aug 27, 2008 | 3ASponsor Sell-Out | 777 sf | $336,212 | $433/sf |
| Aug 27, 2008 | 3BSponsor Sell-Out | 777 sf | $323,880 | $417/sf |
Market read. Most recent trades (2010) cleared a median $579/sf (floor-adjusted) across 1 sale. Floor-adjusted means each sale is restated to a constant mix of floors, so the figure can differ from the plain median of the sales listed above.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00238-7503). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
Buying here? Condo closing costs with a mortgage typically run 3 to 6% of the price. See NYC co-op and condo closing costs, line by line.
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Comparable buildings
- 133 Mulberry Street — nearby Nolita boutique loft condominium of similar scale
- 2 Elizabeth Street — Nolita condominium peer nearby on Elizabeth Street
- 11 Prince Street — boutique Nolita condominium nearby
- 8 Prince Street — boutique Nolita condominium
- 306 Mott Street — small-scale Nolita condominium comparable in unit count
Sources: The Roebling Research Library (offering plans, house rules, financial statements, board minutes, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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