723 EAST 87 STREET
723 EAST 87 STREET is a Class S1 (one-family + store) building in Brooklyn (BBL 3080080026) built in 1955, with 2 residential units across 1 floor.
The building is in NYC community district 318, council district 46, zoning district R4-1, on a 4,000-square-foot lot with a building footprint of 2,160 square feet.
The current registered owner of record per NYC PLUTO is HERNANDEZ, ISRAEL ALVAREZ.
The most recent ACRIS deed transfer for this BBL was recorded on September 29, 2025 when RANGOON REALTY, LLC conveyed the property to CORTES, MERCED ERIKA HERNANDEZ; HERNANDEZ, ISRAEL ALVAREZ; HERNANDEZ, MARIA DEL CARMEN ALVAREZ for $825K. The transaction was recorded as cash (no paired mortgage instrument).
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 2)
Building stats
- Zoning:
- R4-1
- Lot size:
- 4,000 sqft
- Building area:
- 2,160 sqft
- Floors:
- 1
- Assessed value:
- $42K
- Community district:
- 318
- Council district:
- 46
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 723 EAST 87 STREET
Who owns 723 EAST 87 STREET?
The current registered owner of record for 723 EAST 87 STREET per NYC PLUTO is HERNANDEZ, ISRAEL ALVAREZ. The most recent ACRIS deed transfer for this BBL was recorded on September 29, 2025 when the property was conveyed to CORTES, MERCED ERIKA HERNANDEZ; HERNANDEZ, ISRAEL ALVAREZ; HERNANDEZ, MARIA DEL CARMEN ALVAREZ. 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 723 EAST 87 STREET last sold?
The most recent ACRIS deed transfer for 723 EAST 87 STREET was recorded on September 29, 2025, when RANGOON REALTY, LLC conveyed the property to CORTES, MERCED ERIKA HERNANDEZ; HERNANDEZ, ISRAEL ALVAREZ; HERNANDEZ, MARIA DEL CARMEN ALVAREZ for $825K. The transaction was recorded as cash (no paired mortgage instrument).
How many HPD violations does 723 EAST 87 STREET have?
No open HPD housing-maintenance code violations are on record for 723 EAST 87 STREET. 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 723 EAST 87 STREET?
NYC Department of Finance assesses 723 EAST 87 STREET at $42K 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 723 EAST 87 STREET and what does that mean?
723 EAST 87 STREET is NYC building class S1 — One-family + store. A one-family dwelling with one store unit. 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.