261 11th Avenue, Manhattan
Commercial · built c. 1892 · Block 673, Lot 1.
Building permits
- Alteration, filed Oct 2, 2026, estimated cost $4K, described as “Installation of accessory blade sign below existing marquee”
- Alteration, filed Oct 2, 2026, estimated cost $6K, described as “Installation of indirect illuminated accessory signage on existing marquee above first floor entrance.”
- No Work, filed Sep 9, 2026, described as “Private TPA events with lectures and eating and drinking on 1st, 2nd and 3rd floor.”
- No Work, filed Aug 26, 2026, described as “Private TPA Event for 460 persons.”
- Alteration, filed Aug 12, 2026, estimated cost $4K, described as “Install an externally illuminated, non-structural, fabricated aluminum accessory business wall sign "b" reading "the mallory," mounted to existing marquee structure. No change to use, egress, or occupancy. Work per LPC-27-00555.”
- Alteration, filed Aug 12, 2026, estimated cost $4K, described as “Install an externally illuminated, non-structural, fabricated aluminum accessory business wall sign reading "the mallory," mounted to existing marquee structure. No change to use, egress, or occupancy. Work per LPC-27-00555.”
- No Work, filed Jun 29, 2026
- No Work, filed Jun 9, 2026, described as “Private TPA event for 700 persons.”
- Alteration, filed Jun 9, 2026, estimated cost $15K, described as “Temporary structures associated with one-time TPA M01409354-I1 event. To be removed after event.”
- No Work, filed May 18, 2026
- No Work, filed May 18, 2026
- No Work, filed May 18, 2026
- Alteration, filed Apr 22, 2026, estimated cost $2K, described as “Illuminated non-advertising accessory sign on existing marquee approved under NYC landmark preservation commission docket# 26-08191 - timber lobby. No change of use, egress or occupancy.”
- Alteration, filed Apr 22, 2026, estimated cost $2K, described as “Illuminated non-advertising accessory sign on existing marquee approved under NYC landmark preservation commission docket# 26-08191 - hudson lobby. No change of use, egress or occupancy.”
- Alteration, filed Mar 18, 2026, estimated cost $500K, described as “Structural modifications on floors 2-7 and associated slab removals as per plans filed herewith. No changes in use, egress or occupancy.”
- No Work, filed Mar 2, 2026, described as “American Stroke Association, a division of the American Heart Association stationary biking event focused on stroke and brain health awareness. 75 bikes with riders across multiple corporate real estate entities riding for a world with…”
- Alteration, filed Feb 20, 2026, estimated cost $36K, described as “Temporary structures for an event. To be removed at the end of the programing. No changes to existing structures, use or egress or historical fabric. Associated TPA M01311194.”
- No Work, filed Feb 20, 2026, described as “Event with product exhibition by invitation only.”
- Alteration, filed Feb 17, 2026, estimated cost $763K, described as “General construction on floors Cel and 1st as per plans filed herewith. No changes in use, egress or occupancy.”
- Alteration, filed Feb 13, 2026, estimated cost $371K, described as “Mechanical modifications on floors Cel and 1st as per plans filed herewith. No changes in use, egress or occupancy.”
- Alteration, filed Feb 13, 2026, estimated cost $29K, described as “Sprinkler modifications on floors Cel and 1st as per plans filed herewith. No changes in use, egress or occupancy.”
- Alteration, filed Feb 13, 2026, estimated cost $152K, described as “Plumbing modifications on floors Cel (including underground) and 1st as per plans filed herewith. No changes in use, egress or occupancy.”
- Alteration, filed Jan 28, 2026, estimated cost $126K, described as “Structural modifications and framing on floors 3-4 as per plans filed herewith. No changes in use, egress or occupancy.”
- Alteration, filed Jan 26, 2026, estimated cost $183K, described as “Sprinkler modifications on floors 1-3 and Standpipe modifications on floors 1-2 as per plans filed herewith. No changes in use, egress or occupancy.”
- Alteration, filed Jan 26, 2026, estimated cost $4.4M, described as “General construction on floors 1-3 as per plans filed herewith. No changes in use, egress or occupancy.”
101 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $219,748,500
- 2026–27 tax
- $8,780,502
- Market value (city estimate)
- $488,330,000
- Taxable value
- $184,184,279
- Assessed land
- $12,240,000
- Assessed improvements
- $207,508,500
Tax breaks
- ICAP abatement, through Jun 30, 2035, a $11,199,809 credit this tax year.
Zoning
M2-4: floor area ratio 8.54 built, above the 5.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone AE, high risk: a 1% chance of flooding each year, base flood elevation 10 ft (NGVD29).
Recent sales
- Oct 23, 2018: $880,000,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Landmarks
Part of West Chelsea Historic District (Historic District). 50 Landmarks Preservation Commission permits are on file.
Board and land use applications
- Starrett-Lehigh + Terminal Warehouse Rezoning (City Planning P2018M0081): Completed, decided Dec 21, 2021. This is a private application to expand the uses and signage for the landmarked Starrett Lehigh Building
In the news
YIMBY Tours Terminal Warehouse At 261 Eleventh Avenue in West Chelsea, Manhattan, New York YIMBY, Nov 30, 2023.