# 125 West 14th Street, Manhattan

Condominium · 275 units · built 2001 · Block 790, Lot 7502.

On Umarelli: https://umarelli.org/nyc/1007907502/125-west-14-street

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

## Building permits

- Alteration, filed May 19, 2026, estimated cost $170K, described as “Install replacement hot water heaters and connect to existing gas piping as per plans. No change to use, occupancy or egress.”
- Alteration, filed Sep 26, 2025, estimated cost $150K, described as “Filing for the installation of a new 4" domestic water service with related backflow preventer in the cellar and new w/s piping from cellar to ground floor as per plans filed herewith.”
- Alteration, filed Mar 14, 2025, estimated cost $300K, described as “Filing herewith general construction to include interior renovation and minor demo to existing apt# 2FD and 6A-T as per plans.”
- Alteration, filed Apr 16, 2024, estimated cost $9K, described as “File-supported pipe scaffold as shown on the plan. No change in use, egress, or occupancy under this application.”
- Alteration, filed Apr 12, 2024, estimated cost $7K, described as “File-supported pipe scaffold as shown on the plan. No change in use, egress, or occupancy under this application.”
- Alteration, filed Apr 4, 2024, described as “File-suspended scaffold outrigger systems for faade restoration and inspection.”
- Alteration, filed Mar 28, 2024, described as “File-suspended scaffold outrigger systems for faade restoration and inspection.”
- Alteration, filed Mar 15, 2024, described as “Installation of heavy duty sidewalk shed. no change in use, occupancy or egress. work shall comply with chapter 33 of nycc.”
- Alteration, filed Feb 29, 2024, estimated cost $25K, described as “Facade repair, concrete crack repair and miscellaneous masonry replacement as per plans filed. No change in use, egress or occupancy.”
- Alteration, filed Feb 29, 2024, estimated cost $38K, described as “Facade repair: concrete crack repair, miscellaneous brick replacement as per plans filed. No change in use, egress or occupancy.”
- Alteration, filed Jan 31, 2023, estimated cost $15K, described as “Installation of a temporarily heavy-duty sidewalk per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Jun 11, 2021, estimated cost $34K, described as “Herewith filing for general construction on unit 7H as per plans being filed herewith. No change to use, egress or occupancy under this application.”
- Alteration, filed Apr 9, 2019, estimated cost $1K, described as “Installation of pipe scaffolding. No change in use, egress or occupancy.”
- Alteration, filed Mar 13, 2019, estimated cost $1K, 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 the NYC building code.live load 300PSF.”

## Property taxes

- Assessment: $59,274,900
- 2026–27 tax: $2,051,124
- Market value (city estimate): $131,722,000
- Taxable value: $16,489,464
- Assessed land: $5,069,700
- Assessed improvements: $54,205,200
- Condo units with their own tax lots: 3

## Tax breaks

- Nonprofit exemption (mental or moral improvement), with no end date, about $881,324 a year below the full tax.
- Nonprofit exemption (student dormitory), with no end date, about $2,359,927 a year below the full tax.
- 421-a exemption, through Jun 30, 2041, about $1,653,883 a year below the full tax.

## Zoning

C6-2A: floor area ratio 7.46 built, above the 6.02 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Aug 8, 2023: $183,000,000, Unit SOUTH

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

- 116-118 W14TH ST, 641 6TH AVE (City Planning P1998M0205): Completed, decided May 12, 1998. CERT TO CONVERT THE 3RD & 4TH FLRS OF 116-118 W14TH BLDG\*FROM COMMR'L TO RESDL USE & PRESERVING THE 7TH FLR OF 641\*6TH AVE BLDG FOR COMMR'L AND MFG USES

## In the news

[Housing Lottery Launches for The Sierra Chelsea at 130 West 15th Street in Chelsea, Manhattan](https://newyorkyimby.com/2024/04/housing-lottery-launches-for-the-sierra-chelsea-at-130-west-15th-street-in-chelsea-manhattan.html), New York YIMBY, Apr 23, 2024.

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