# 500 West 25TH, Manhattan

Condominium · 8 units · built 2018 · Block 696, Lot 7504.

On Umarelli: https://umarelli.org/nyc/1006967504/500-west-25

More construction in Chelsea: https://umarelli.org/nyc/manhattan/chelsea.md

Every lot on block 696: https://umarelli.org/nyc/manhattan/696.md

## Building permits

- Alteration, filed Sep 27, 2024, estimated cost $196K, described as “Interior renovations to the existing commercial space on the 1ST floor. Plumbing work to be filed subsequently.”
- Alteration, filed Nov 11, 2019, estimated cost $3K, described as “Installation of scaffold as per drawings. Scaffold shall comply with chapter #33 of the NYC building code. No change in use, occupancy or egress under this application.”
- Alteration, filed Nov 6, 2019, estimated cost $3K, described as “Installation of heavy duty sidewalk shed during new building construction, filed separately. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy or egress under this application.”
- Alteration, filed Oct 15, 2019, estimated cost $20K, described as “Alteration type 3 - construction equipment - scaffold proposed installation of pipe scaffold and needle beam for new building as per plans. No change in use occupancy or egress under this application.”
- Alteration, filed Oct 9, 2019, estimated cost $9K, described as “Alteration type 3 - construction equipment - sidewalk-shed proposed installation of heavy-duty sidewalk shed for new building as per plans. No change in use occupancy or egress under this application. Live LOAD300 per square feet. Sidewalk…”
- Alteration, filed Oct 9, 2019, estimated cost $15K, described as “Alteration type 3-constrution equipment-scaffold proposed installation of pipe scaffold for new building as per plan. No change in us occupancy or egress under this application.”
- Alteration, filed Mar 7, 2019, estimated cost $15K, described as “Proposed installation of pipe scaffold for remedial repairs as per plans. No change in use occupancy or egress under this application.”
- Alteration, filed Jul 31, 2018, estimated cost $14K, described as “Proposed installation of heavy duty sidewalk shed for new building as per plans. No change in use occupancy or egress under this application. Live load 300 per square feet. Sidewalk shed shall comply with chapter # 33 of the 2014 code”
- Alteration, filed May 1, 2018, estimated cost $8K, described as “Installation of plywood fence as per plan. No change in use,occupancy, or egress under this application.”
- Alteration, filed Apr 5, 2018, estimated cost $15K, described as “Alteration type 3 - construction equipment - scaffold proposed installation of pipe scaffold & needle beam for remedial repair as per plans. No change in use occupancy or egress under this application”
- Alteration, filed Jan 31, 2018, estimated cost $20K, described as “Proposed installation of heavy duty sidewalk shed for new building and roof protection as per plans. No change in use occupancy or egress under this application. Live load 300 per square feet. Sidewalk shed shall comply with chapter # 33…”

## Property taxes

- Assessment: $7,286,401
- 2026–27 tax: $718,223
- Market value (city estimate): $16,192,000
- Taxable value: $6,267,038
- Assessed land: $409,952
- Assessed improvements: $6,876,449
- Condo units with their own tax lots: 9

## Tax breaks

- Co-op and condo abatement, with no end date, a $61,334 credit this tax year.

## Zoning

C6-3: floor area ratio 16.72 built, above the 7.52 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Aug 25, 2026: $302,100, Apt 401
- Mar 27, 2026: $4,175,000, Apt 801
- Sep 4, 2024: $2,200,000, Unit COMM
- Dec 20, 2022: $1,133,275, Unit COMM
- Feb 2, 2022: $4,000,000, Apt 201
- Dec 30, 2021: $4,000,000, Apt 301
- Dec 29, 2021: $4,300,000, Apt 501
- Dec 17, 2021: $4,500,000, Apt 601
- Oct 12, 2021: $4,400,000, Apt 701
- Oct 5, 2021: $12,200,000, Unit PH

The 10 most recent of 11 open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, moderate risk: a 0.2% chance of flooding each year.

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