1587 3 AVENUE
1587 3 AVENUE is a Class E7 (warehouse) building in Manhattan (BBL 1015350002) built in 1915, with 1 residential unit across 6 floors.
The building is in NYC community district 108, council district 5, zoning district C1-9, on a 2,750-square-foot lot with a building footprint of 15,750 square feet.
The current registered owner of record per NYC PLUTO is 1587 THIRD INVESTORS LLC.
The most recent ACRIS deed transfer for this BBL was recorded on August 20, 2024 when Skylight Partners, Llc conveyed the property to 1587 Third Owner Llc for a non-disclosed consideration. The transaction was financed with a $4.75M mortgage from Connectone Bank.
Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.
Owner of record
Most recent deed
Recent ACRIS documents (last 5)
Building stats
- Zoning:
- C1-9
- Lot size:
- 2,750 sqft
- Building area:
- 15,750 sqft
- Floors:
- 6
- Assessed value:
- $963K
- Community district:
- 108
- Council district:
- 5
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 1587 3 AVENUE
Who owns 1587 3 AVENUE?
The current registered owner of record for 1587 3 AVENUE per NYC PLUTO is 1587 THIRD INVESTORS LLC. The most recent ACRIS deed transfer for this BBL was recorded on August 20, 2024 when the property was conveyed to 1587 Third Owner Llc. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.
When was 1587 3 AVENUE last sold?
The most recent ACRIS deed transfer for 1587 3 AVENUE was recorded on August 20, 2024, when Skylight Partners, Llc conveyed the property to 1587 Third Owner Llc for a non-disclosed consideration. The transaction was financed with a $4.75M mortgage from Connectone Bank.
How many HPD violations does 1587 3 AVENUE have?
No open HPD housing-maintenance code violations are on record for 1587 3 AVENUE. The building is not registered with NYC HPD's landlord-registration system, which is typical for owner-occupied 1-2 family dwellings. HPD violation data is pulled daily from the NYC Open Data violations feed.
What is the assessed value of 1587 3 AVENUE?
NYC Department of Finance assesses 1587 3 AVENUE at $963K for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.
What building class is 1587 3 AVENUE and what does that mean?
1587 3 AVENUE is NYC building class E7 — Warehouse. Warehouse. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.