111 East 12th Street, Manhattan
Apartment building · 9 units · built c. 1900 · Block 558, Lot 48.
Building permits
- New Building — Mid-Rise, filed Aug 17, 2026, 29 units, 14 stories, early work permitted while the building plans are in review, described as “Proposed new 14 story residential building”
- Alteration, filed Oct 2, 2026, estimated cost $9K, described as “Proposed installation of temporary pipe scaffold as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Jul 27, 2026, estimated cost $160, described as “Proposed construction fence. No change to use, egress or occupancy under this application.”
- Alteration, filed Jun 15, 2026, estimated cost $9K, described as “Proposed to cut, cap and demolish sprinkler system floor by floor in conjunction with full demo job # M01397316. No change to use, egress or occupancy under this application.”
- Demolition, filed May 6, 2026, estimated cost $400K, described as “Full demolition to a six story building”
- Alteration, filed Oct 11, 2018, estimated cost $7K, described as “Installation of heavy duty sidewalk shed as per plans for remedial repairs. No change in use, occupancy or egress under this application. Sidewalk shed shall comply with chapter 33 of the NYC 2014 building code.”
Property taxes
- Assessment
- $2,241,450
- 2026–27 tax
- $198,862
- Market value (city estimate)
- $4,981,000
- Taxable value
- $1,726,596
- Assessed land
- $154,350
- Assessed improvements
- $2,087,100
Zoning
C6-2A: floor area ratio 3.16 built, 6.02 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- May 29, 2026: $23,500,000, 8,322 sq ft, sold with other lots
- Jun 29, 2018: $20,000,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- Union Square South (City Planning 2019M0123): Completed, decided Nov 4, 2020. This is an application by the Department of City Planning requesting a zoning map and zoning text amendment to expand the Special Union Square District, create a new subdistrict (Subdistrict B), and establish a special permit for new hotel…