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NYC Building Records · BBL 1015670015

431 EAST 87 STREET

Manhattan · Block 1567 · Lot 15 · Elevator, pre-1929 coop (Class D3)

431 EAST 87 STREET is a Class D3 (elevator, pre-1929 coop) building in Manhattan (BBL 1015670015) built in 1930, with 17 residential units across 6 floors.

The building is in NYC community district 108, council district 5, zoning district R8B, on a 2,870-square-foot lot with a building footprint of 11,220 square feet.

The current registered owner of record per NYC PLUTO is 431 E. 87 LLC.

The most recent ACRIS deed transfer for this BBL was recorded on June 30, 2022 when 431 EAST 87TH STREET LLC conveyed the property to 431 E. 87 LLC for $11.25M. The transaction was recorded as cash (no paired mortgage instrument).

The building is registered with NYC HPD's landlord-registration system and has no open HPD housing-maintenance code violations on record as of May 18, 2026.

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

431 E. 87 LLC
HPD-registered head officer: Shelly Cheney

HPD registered contacts

People legally accountable to HPD for conditions at this building, in registration-priority order:
  • Head OfficerShelly Cheney
  • Corporate Owner431 E 78 LLC
  • Managing AgentRobert Ivanovic

Most recent deed

Last transferred on Jun 30, 2022 for $11.3M to 431 E. 87 LLC.
Previous owner: 431 EAST 87TH STREET LLC
Cash sale: no recorded mortgage tied to this transfer.
🔒 See all transfers before the 2022 sale →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Jun 30, 2022DEED$11.3MParties redacted — full names in MetroDeeds Scout+
Nov 6, 2019MTGE$4.0MParties redacted — full names in MetroDeeds Scout+
Nov 6, 2019AGMT$7.0MParties redacted — full names in MetroDeeds Scout+
Aug 30, 2017MTGE$3.0MParties redacted — full names in MetroDeeds Scout+
Apr 1, 2016DEED$5.0MParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 5 redacted buyer/seller names above →

Building stats

Units
17
Year built
1930
Class
D3
Borough
Manhattan
Zoning:
R8B
Lot size:
2,870 sqft
Building area:
11,220 sqft
Floors:
6
Assessed value:
$1.4M
Community district:
108
Council district:
5

HPD violations

0 open
Most severe class on record: Class C (immediately hazardous)
No open violations on record. Source: NYC HPD.
🔒 See every closed violation + inspection history →

Recent HPD violation details

Most recent 5 violations issued by NYC HPD at this address:
  • Class IInspected Nov 22, 2024
    §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE…
  • Class AInspected Apr 1, 2024
    (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD…
  • Class AInspected Mar 15, 2023
    (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD…
  • Class BInspected Jan 8, 2016
    SECTION 27-2040 ADM CODE PROVIDE ADEQUATE LIGHTING AT OR NEAR THE OUTSIDE OF THE FRONT ENTRANCEWAY OF THE BUILDING AND KEEP SAME BURNING FRO…
  • Class CInspected Nov 6, 2015
    SECTION 27-2005 ADM CODE REPAIR THE ROOF SO THAT IT WILL NOT LEAK AT CEILING AT PUBLIC HALL, 3rd STORY
🔒 See closure dates + classification on archived violations →

Recent ACRIS activity

5 documents in the last 5 years (most recent Jun 30, 2022).

Frequently asked questions about 431 EAST 87 STREET

Who owns 431 EAST 87 STREET?

The current registered owner of record for 431 EAST 87 STREET per NYC PLUTO is 431 E. 87 LLC. The most recent ACRIS deed transfer for this BBL was recorded on June 30, 2022 when the property was conveyed to 431 E. 87 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 431 EAST 87 STREET last sold?

The most recent ACRIS deed transfer for 431 EAST 87 STREET was recorded on June 30, 2022, when 431 EAST 87TH STREET LLC conveyed the property to 431 E. 87 LLC for $11.25M. The transaction was recorded as cash (no paired mortgage instrument).

How many HPD violations does 431 EAST 87 STREET have?

No open HPD housing-maintenance code violations are on record for 431 EAST 87 STREET as of May 18, 2026. The building is registered with NYC HPD's landlord-registration system. HPD violation data is pulled daily from the NYC Open Data violations feed.

What is the assessed value of 431 EAST 87 STREET?

NYC Department of Finance assesses 431 EAST 87 STREET at $1.44M 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 431 EAST 87 STREET and what does that mean?

431 EAST 87 STREET is NYC building class D3 — Elevator, pre-1929 coop. A pre-1929 cooperative elevator apartment building. 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.

More from MetroDeeds

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