425 7th Avenue, Manhattan
Commercial · built c. 1924 · Block 809, Lot 3.
Building permits
- Alteration, filed Jul 29, 2026, estimated cost $106K, described as “Interior demolition of floors cellar thru 4 and remove mechanical equipment on roof”
- Alteration, filed Jul 14, 2026, described as “Installation of temporary plywood fence as per plan. There is no change in use, egress, or occupancy.”
- Demolition, filed Jul 2, 2026, estimated cost $398K, described as “Full demolition of 4-story building.”
- Alteration, filed Jun 5, 2025, estimated cost $29K, described as “Modification to existing facade on the 1st floor as indicated on drawings.”
- Alteration, filed Jan 27, 2022, estimated cost $53K, described as “Replace existing illuminated flashing led advertising wall sign previously filed under BIS#121686372.”
- Alteration, filed Dec 4, 2021, 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 300 psf”
- Alteration, filed Oct 18, 2021, estimated cost $20K, described as “Herewith to propose minor plumbing work gas riser connection for (4) new pizza oven to an existing eating and drinking establishment ( certificate of occupancy no.91482 / ALT#1397/85). No changes in occupancy,use,group or egress under this…”
- Alteration, filed Nov 9, 2017, estimated cost $1K, described as “Installation of temporary construction fence being filed in conjunction with Alt-2 #123303772 for commercial renovation and storefront replacement.”
Property taxes
- Assessment
- $1,741,500
- 2026–27 tax
- $170,846
- Market value (city estimate)
- $3,870,000
- Taxable value
- $1,574,910
- Assessed land
- $585,000
- Assessed improvements
- $1,156,500
Zoning
C6-6: floor area ratio 3.73 built, 15.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Nov 6, 2025: $30,000,000
Open-market sales since 2016, from the Department of Finance’s sales files.