40 West 25th Street, Manhattan
Commercial · built c. 1913 · Block 826, Lot 65.
Building permits
- Alteration, filed Oct 15, 2026, described as “Installation of suspended scaffold for facade repair & inspection.”
- Alteration, filed Oct 14, 2026, estimated cost $5K, described as “Modification of interior non-load bearing partitions on the 11TH floor as per plans filed herewith. No change to use, occupancy or egress.”
- Alteration, filed Sep 29, 2026, estimated cost $410K, described as “Facade restoration as per plans filed herewith. No change to use, occupancy or egress as per plans filed herewith.”
- Alteration, filed Jul 27, 2026, estimated cost $5K, described as “Minor demolition of existing non-load bearing partitions on the 6TH fl. No change to use, occupancy or egress.”
- Alteration, filed Jul 7, 2026, estimated cost $255K, described as “Construct interior partitions as shown. Install doors and frames as shown. No change in use occupancy or egress.”
- Alteration, filed May 5, 2026, estimated cost $85K, described as “Interior demolition of non load bearing partitions. No change to use, occupancy or egress as per plans filed herewith.”
- Alteration, filed Jul 21, 2025, estimated cost $400K, described as “General construction work consiting of proposed partial demolition and interior partitions - proposed partial demolition and interior partitions to accommodate new office fitout on 8TH floor of 40 w 25TH street. No change in use, egress or…”
- Alteration, filed Apr 24, 2023, estimated cost $15K, described as “Sprinkler work as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Mar 24, 2023, estimated cost $170K, described as “Tenant build-out of existing 1st floor retail space as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Jan 27, 2023, estimated cost $120K, described as “Installtion of new packaged indoor ac unit as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Jan 19, 2023, estimated cost $20K, described as “Application to construct non-ratedpartitions.no change in use, egress, or occupancy as per plans filed herewith.”
- Alteration, filed Oct 31, 2022, estimated cost $250K, described as “General construction work consisting of kitchen cabinets and interior partition walls on the 8TH fl. No change to use, occupancy or egress as per plans filed herewith.”
- Alteration, filed Aug 23, 2022, estimated cost $15K, described as “Minor demolition of existing non-load bearing partitions on the 8TH fl. No change to use, occupancy or egress.”
- Alteration, filed Jan 20, 2022, estimated cost $300K, described as “Lobby renovation as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Jan 20, 2022, estimated cost $33K, described as “Installation of new indoor split ac with associated duct work as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Dec 17, 2021, estimated cost $478K, described as “4TH floor - herewith filing for the removal and installation of non load bearing partitions and related finishes”
- Alteration, filed Dec 17, 2021, estimated cost $25K, described as “4TH floor - herewith filing for installation of new plumbing fixtures”
- Alteration, filed Dec 17, 2021, estimated cost $60K, described as “4TH floor - herewith filing for modification to existing HVAC systems.”
- Alteration, filed Dec 17, 2021, estimated cost $15K, described as “4TH floor - herewith filing for installation of sprinkler heads”
- Alteration, filed Jul 22, 2020, estimated cost $5K, described as “Erect, maintain and dismantle wood construction fence as per plans filed herewith.”
- Alteration, filed Mar 9, 2020, estimated cost $256K, described as “Demolition of plumbing fixtures, sanitary and V piping to existing risers on the 2nd and 3rd floors. Installation of (2) LAV's, (2) W/C's, (1)Drinking Fountain on the 2nd and 3rd Floor bathrooms. Relocation, cap/removal, and installation…”
- Alteration, filed Mar 6, 2020, estimated cost $520K, described as “Installation of HVAC units with associated ductwork as per plans filed herewith. No change in use, egress or occupancf”
- Alteration, filed Feb 18, 2020, estimated cost $3K, described as “Plumbing and gas fixtures being removed on the Cellar and 1st Floor as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Jan 3, 2020, estimated cost $8K, described as “Work on 6th floor only, no exterior work, interior work only. Remove existing urinals (2), relocate existing bathroom fixtures, add showers (2) in association with[OT] 123867976-01. LAA #M00299188 filed for some of the plumbing fixtures”
- Alteration, filed Jul 15, 2019, described as “Installation of sidewalk shed as per plans. No change in use, egress or occupancy.”
Property taxes
- Assessment
- $20,596,500
- 2026–27 tax
- $1,976,052
- Market value (city estimate)
- $45,770,000
- Taxable value
- $18,215,820
- Assessed land
- $2,196,000
- Assessed improvements
- $18,400,500
Zoning
M1-8A/R11: floor area ratio 11.13 built, 12.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Mar 19, 2026: $51,000,000, 128,965 sq ft ($395 per sq ft)
- Nov 27, 2019: $121,500,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- Midtown South Mixed-Use Plan (MSMX) (City Planning 2024M0142): Zoning map change, Zoning text change, Completed, filed Jan 16, 2025, decided Aug 14, 2025. The Department of City Planning is seeking a Zoning Map amendment from M1-6 and M1-6D to M1-9A/R12, M1-8A/R12, and M1-8A/R11 and a Zoning Text amendment to facilitate the development of housing and support critical economic activity across…
- Flatiron BID Expansion (City Planning 2021M0260): Business improvement district, Completed, filed Nov 30, 2020, decided May 19, 2021. An application from the Small Business Services (SBS) on behalf of the Flatiron Business Improvement District (BID) to modify the existing plan and expand the BID in Community Districts 4 and 5 of Manhattan.