121 Varick Street, Manhattan
Commercial · built c. 1928 · Block 578, Lot 67.
Building permits
- Alteration, filed Aug 7, 2026, described as “Installation of suspended scaffold for facade repair & inspection. AMEND to add suspended scaffolds.”
- Alteration, filed Aug 7, 2026, estimated cost $450K, described as “Proposed exterior repairs and restorations per plans, no change in occupancy use or egress”
- Alteration, filed Jul 29, 2026, estimated cost $5K, described as “Installation of temporary heavy duty sidewalk shed as per plans. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of 2022 the NYC building code. Live load 300PSF.”
- Alteration, filed Dec 18, 2025, estimated cost $168K, described as “Installation of vrf heat pump equipment, ceiling-mounted heaters, cast iron steam radiators, ductwork, refrigerant piping, doas., and controls. The proposed scope has no change in use, egress, or occupancy.”
- Alteration, filed Dec 2, 2025, estimated cost $290K, described as “Interior renovation of the existing factory space with new non-structural partitions, doors, and finishes. Replacement of bathroom fixtures and mechanical ventilation to be filed separately. No change in use, occupancy, or bulk.”
- Alteration, filed Nov 12, 2025, estimated cost $5K, described as “Installation of supported scaffold as shown in drawings. No change in use egress or occupancy. No change in use egress or occupancy. We shall comply with chpater 33 of 2022 b.c”
- Alteration, filed Jan 30, 2025, estimated cost $349K, described as “Replacement of partial area of existing roof membrane at roof level, and removal of existing bulkhead structure above roof. NO CHANGE IN USE, EGRESS OR OCCUPANCY.”
- Alteration, filed Jan 18, 2024, estimated cost $16K, described as “In conjunction with renovation of existing commercial space. on the cellar and 1st floor. minor sprinkler to existing sprinkler system work only. all existing piping remains”
- Alteration, filed Apr 20, 2023, estimated cost $210K, described as “Filing herewith interior renovation as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Apr 10, 2023, estimated cost $45K, described as “Filing herewith plumbing work as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Apr 10, 2023, estimated cost $20K, described as “Filing herewith modification to the existing sprinkler system as per plans filed herewith.”
- Alteration, filed Apr 10, 2023, estimated cost $150K, described as “Filing herewith Mechanical work as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Jan 9, 2023, estimated cost $50K, described as “In conjunction with renovation of existing commercial space on the cellar and 1st floor. structural work only. creating a new interior stair”
- Alteration, filed Dec 15, 2022, estimated cost $60K, described as “In conjunction with Renovation of existing commercial space on the 1st floor and cellar, mechanical work only.”
- Alteration, filed Nov 16, 2022, estimated cost $15K, described as “IN conjunction with renovation of existing commercial space on the 1st floor. Plumbing work only.”
- Alteration, filed Nov 16, 2022, estimated cost $350K, described as “Renovation of existing commercial space on the 1st floor can cellar level. Architectural / construction work only.”
- Alteration, filed Feb 24, 2022, estimated cost $100K, described as “Filing herewith interior demolition on the 2nd FL. as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Oct 4, 2021, estimated cost $5K, described as “Installation of pipe scaffolding as per plans. Pipe scaffolding shall comply with chapter #33 of the 2014 code. No change inuse, egress or occupancy under this application.”
- Alteration, filed Sep 17, 2021, estimated cost $5K, described as “Installation of 300 psf sidewalk shed as per plans. Sidewalk shed shall comply with chapter #33 of the 2014 code. No change inuse, egress or occupancy under this application.”
- Alteration, filed Jun 9, 2021, estimated cost $389K, described as “Exterior facade repairs, including repairs to brick masonry, terra cotta, the building parapet & coping stone replacement. No change in use, egress or occupancy.”
- Alteration, filed Oct 2, 2020, estimated cost $27K, described as “Mechanical work as shown on plans filed herewith. No change in use, egress occupancy.”
- Alteration, filed Oct 2, 2020, estimated cost $20K, described as “Sprinkler work as shown on plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Nov 22, 2019, estimated cost $80K, described as “Two (2) new condensing unit with (8) heat recovery units for the whole 3rd floor, New Exhaust fan for the pantry room in the 3rd floor, Two new outside air fans in the mechanical room of 3rd floor.”
- Alteration, filed Nov 22, 2019, estimated cost $70K, described as “Provide new Pantry and closet sinks, associated piping & utility sink pump.”
- Alteration, filed Nov 22, 2019, estimated cost $18K, described as “Filing herewith for the replacement of existing and installation of new sprinkler heads.”
Property taxes
- Assessment
- $13,106,250
- 2026–27 tax
- $1,358,052
- Market value (city estimate)
- $29,125,000
- Taxable value
- $12,518,920
- Assessed land
- $872,100
- Assessed improvements
- $12,234,150
Zoning
M1-6: floor area ratio 11.89 built, above the 10.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Feb 25, 2026: $6,500,000, 120,592 sq ft ($54 per sq ft)
- Aug 1, 2025: $7,435,000
- Jan 26, 2022: $9,000,000
- Dec 21, 2021: $8,000,000
- Oct 17, 2018: $9,000,000
- Jun 8, 2016: $9,912,500
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- Appeal (Board of Standards and Appeals 278-13-A): Appeal, Denied, filed Sep 27, 2013, decided Jul 21, 2015. Appeal of Department of Buildings’ determination that the advertising sign was not established as a lawful non- conforming use. M1-6 zoning district/SHSD.
- HUDSON SQUARE SPECIAL DISTRICT (City Planning P2012M0255): Completed, decided Mar 26, 2013. Zoning text and map amendments to establish the Special Hudson Square District.