387 GRAND STREET

🏢 Building Snapshot

Address

387 GRAND STREET, New York, NY, USA

Borough

Manhattan

Neighborhood

Lower East Side

BBL

1-00311-0013

Property Type

Cooperative (Co-op) (D4)

Building Class

D4

Year Built

1960

Floors

21

Buildings on Lot

4

Residential Units

866

Total Units

893

Gross Sq Ft

1,025,341

Lot Area (sq ft)

293,600

Zoning

R8

Owner of Record

Seward Park Housing Corp

Property Management

Orsid Ny

💰 Financial Snapshot

Fiscal Year

2026/27 Final

Market Value

$164,761,000

Taxable Assessed Value

$71,527,151

Taxable Billable Assessed Value

$69,441,815

Assessed Value Exemptions

$2,148,933

Tax Class

—

Assessed Value (used)

$69,441,815

📋 Compliance Snapshot

• Local Law 97 — Carbon Emissions

  1,025,341 sq ft — verify compliance at nyc.gov
  Likely Subject
• LL84 / LL133 — Energy Benchmarking

  1,025,341 sq ft — annual filing required
  Required Annually
• LL87 — Energy Audit & Retro Commissioning

  10-year cycle — block ending in 1
  Due Dec 31, 2031
• LL33 — Energy Efficiency Grade

  Some buildings are exempt — check grade at nyc.gov/buildings
  Subject — Verify Grade
• LL11 / FISP — Façade Inspection

  21-story building — Sub-cycle 3 — Verify at nyc.gov/buildings
  Due Dec 31, 2027

💸 Pied-a-Terre Surcharge Estimate

Illustrative estimate based on average unit assessed value.

Avg Unit Assessed Value

$80,187

Annual Surcharge

$0

Effective Rate

0.00%

Below $1M threshold