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87 Leonard St #2, New York, NY, 10013

4beds
5baths
4,652sqft
$14,950,000
$3,214price/sqft
$105,704/moest. monthly cost
$4,228,160/yrincome needed

About This Home

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.

Getting Around

99
WalkingWalker's Paradise
100
TransitRider's Paradise
87
BikeVery Bikeable

Schools

8/10
Spruce Street SchoolGrades PK-80.5 mi
8/10
Jhs 104 Simon BaruchGrades 6-81.8 mi

Construction

Condition

  • Year built: 1860

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 4,652
  • Total interior livable area: 4,652 sqft

Property

Details

  • Parcel number: 001741303
  • Special condition: Resale

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Hurricane
Heat Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in New York County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $75,595$907,140
Home Insurance *$2,555$30,660
Property Taxes $26,786$321,432
Electricity $768$9,225
Total$105,704$1,268,448
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$3,624,137/yr
40% on housing$3,171,120/yr
45% on housing$2,818,773/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.0%
2.0%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$3,214This listing

vs Other Active Listings

Avg $/sqft

ZIP 10013$2,310
New York County$1,488

vs Homes Sold Last Month

Median $/sqft

ZIP 10013$1,037
New York County$1,203

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-14Listed for sale$14,950,000
2016-12-02Sold$8,600,000
2016-03-14Sold$8,678,475

For Sale by Agent

AgentCatherine Juracich
BrokerageCorcoran

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