# 123 Baxter Street, Manhattan

Condominium · 23 units · built 2003 · Block 206, Lot 7501.

On Umarelli: https://umarelli.org/nyc/1002067501/123-baxter-street

More construction in Chinatown: https://umarelli.org/nyc/manhattan/chinatown.md

Every lot on block 206: https://umarelli.org/nyc/manhattan/206.md

## Building permits

- Alteration, filed Feb 10, 2026, described as “Outrigger system installation for facade repairs.no change in use, egress or occupancy.”
- Alteration, filed Aug 26, 2025, estimated cost $5K, described as “Proposed installation of a temporary sidewalk shed as per plans submitted. Work shall comply with 2022BUILDING codes, chapter 33. No change in use, egress or occupancy”
- Alteration, filed Aug 12, 2025, estimated cost $640K, described as “Replace main and bulkhead roof, facade repairs, balcony repairs, and railing repairs. No change in use, occupancy or egress.”
- Alteration, filed May 29, 2025, estimated cost $1K, described as “To install new sprinkler head for ex. Commercial space.”
- Alteration, filed Jan 16, 2025, estimated cost $104K, described as “Interior renovation of existing commercial space (u.g. 6/vi; (o.g. B per 2022 bc)at the 1ST floor with general construction, plumbing and mechanical work. Plumbing and mechanical to be filed under subsequent filing. No change in use,…”
- Alteration, filed Jan 17, 2023, estimated cost $22K, described as “Propose plumbing works at 1ST floor in conjunction with arch. Design. No change in use, egress, and occupancy.”
- Alteration, filed Jan 13, 2023, estimated cost $96K, described as “Propose to renovate existing commercial space on the first floor for a beauty parlor with minor partition, interior finished works as per plan. The plumbing work will file separately. No change in use, egress, and occupancy.”
- Alteration, filed Apr 13, 2018, estimated cost $2K, described as “Illuminated non advertising accessory wall sign. No change to use, egress or occupancy.”
- Alteration, filed Apr 12, 2018, estimated cost $2K, described as “Illuminated non advertising accessory wall sign. No change to use, egress or occupancy.”

## Property taxes

- Assessment: $9,112,349
- 2026–27 tax: $956,391
- Market value (city estimate): $20,249,639
- Taxable value: $8,008,905
- Assessed land: $679,506
- Assessed improvements: $8,432,843
- Condo units with their own tax lots: 28

## Zoning

C6-2G: floor area ratio 5.44 built, 6.02 allowed by base zoning.

## Recent sales

- Aug 28, 2026: $2,130,000, Apt 6B
- Jun 5, 2025: $1,939,275, Apt 3A
- Jun 7, 2024: $2,265,900, Apt 5D
- May 18, 2023: $1,995,000, Apt 5A
- Dec 29, 2022: $1,250,000, Apt 6C
- Dec 14, 2022: $4,500,000, Unit PHA
- Jan 15, 2021: $1,925,000, Apt 3B
- Nov 12, 2019: $1,387,500, Apt 3D
- Feb 28, 2019: $1,248,000, Apt 4C
- May 22, 2018: $1,315,000, Apt 5C

The 10 most recent of 13 open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Board and land use applications

- 125 BAXTER ST (City Planning P1993M0411): Completed, decided Sep 15, 1993. 88-174M: CONSTRUCTION OF SEVEN STORY HOTEL WITH AN ADDITIONAL 89 SPACE PARKING GARAGE ON CURRENTLY EXISTING PROJECT SITE.
- 125 BAXTER STREET (City Planning P1992M0468): Completed, decided Nov 19, 1992. 88-174M: CONSTRUCTION OF SEVEN STORY HOTEL WITH AN ADDITIONAL 89 SPACE PARKING GARAGE ON CURRENTLY EXISTING PROJECT SITE.
- 125 BAXTER STREET (City Planning P1990M0223): Completed, decided Jul 3, 1990. 88-174M: CONSTRUCTION OF SEVEN STORY HOTEL WITH AN ADDITIONAL 89 SPACE PARKING GARAGE ON CURRENTLY EXISTING PROJECT SITE.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology