48 West 25th Street, Manhattan
Commercial · built c. 1920 · Block 826, Lot 69.
Building permits
- Alteration, filed Oct 2, 2026, estimated cost $1K, described as “Erect halo lit illuminated accessory business sign reading "jaybird"”
- Alteration, filed Oct 2, 2026, estimated cost $1K, described as “Erect non-illuminated accessory business d/f projecting banner reading "jaybird"”
- Alteration, filed Oct 2, 2026, estimated cost $1K, described as “Erect non-illuminated accessory business d/f projecting banner reading "jaybird"”
- Alteration, filed Oct 2, 2026, estimated cost $1K, described as “Erect non-illuminated accessory business d/f projecting banner reading "jaybird"”
- Alteration, filed Oct 2, 2026, estimated cost $1K, described as “Erect non-illuminated accessory business d/f projecting banner reading "jaybird"”
- Alteration, filed Aug 21, 2026, estimated cost $255K, described as “Interior demolition of existing non-bearing gyp. bd. Partitions. Installation of new non-bearing gyp. bd. partitions, ceilings, doors & finishes. No change in use, occupancy, or egress.”
- Alteration, filed Apr 3, 2026, estimated cost $38K, described as “Herewith filing for removal of existing demising wall on the 1st floor as indicated on plans. No change in use, occupancy, or egress.”
- Alteration, filed Mar 30, 2026, estimated cost $1.8M, described as “Herewith filing for interior renovations on the 1st floor as indicated on plans. No change in use, occupancy, or egress.”
- Alteration, filed Apr 25, 2024, estimated cost $80K, described as “Herewith filing for minor interior removals and renovations to 9th floor MER as indicated on plans. No change in use, occupancy, or egress.”
- Alteration, filed Apr 25, 2024, estimated cost $210K, described as “Herewith filing for installation new mechanical units and associated duct work on 9th floor MER as indicated on plans.”
- Alteration, filed Apr 25, 2024, estimated cost $6K, described as “Herewith filing for modifications to existing sprinkler system and associated piping on the 9th floor MER as indicated on plans.”
- Alteration, filed Apr 18, 2024, estimated cost $530K, described as “Herewith filing for interior removals and installation of non-load bearing partitions and finishes on the 9th floor as indicated on plans. No change in use, occupancy, or egress.”
- Alteration, filed Apr 17, 2024, estimated cost $30K, described as “Herewith filling for modifications to existing plumbing piping and fixtures on the 9th floor as indicated on plans.”
- Alteration, filed Apr 17, 2024, estimated cost $90K, described as “Herewith filing for modifications to existing mechanical systems on the 9th floor as indicated on plans.”
- Alteration, filed Apr 17, 2024, estimated cost $12K, described as “Herewith filing for modifications to existing sprinkler system on the 9th floor as indicated on plans.”
- Alteration, filed Mar 15, 2024, described as “Renewal of SR23/2278”
- Alteration, filed Nov 7, 2023, estimated cost $20K, described as “Herewith filing for modifications to existing sprinkler system on the Cellar floor as indicated on plans. No change in use, occupancy, or egress.”
- Alteration, filed Aug 28, 2023, estimated cost $5K, described as “Installation of 300 psf sidewalk shed, overhead protection, and roof protection as per plans. All equipment shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Aug 14, 2023, described as “Installation of temporary custom color sidewalk shed as per plan. No change in use,egress or occupancy”
- Alteration, filed Jun 16, 2023, estimated cost $330K, described as “Herewith filing for facade repairs as required by Local Law 11 of 1998 as indicated on plans. No change in use, occupancy, or egress.”
- Alteration, filed Jan 6, 2023, estimated cost $30K, described as “Herewith filing for removal and installation of walls & doors on the cellar level as indicated on plans. No change in use, occupancy, or egress.”
- Alteration, filed Jan 4, 2023, estimated cost $6K, described as “Herewith filing for sprinkler modifications on the cellar level as indicated on plans.”
- Alteration, filed Nov 28, 2022, estimated cost $400K, described as “Herewith filing for interior removals and installation of non-load bearing walls, doors, and finishes on the 1st, 2nd & 3rd floors as indicated on plans. No change in use, occupancy, or egress.”
- Alteration, filed Nov 28, 2022, estimated cost $34K, described as “Herewith filing for removals and installation of plumbing fixtures and associated piping on the 1st & 2nd floors.”
- Alteration, filed Nov 28, 2022, estimated cost $98K, described as “Herewith filing for modifications to existing mechanical system and associated duct work on 1st, 2nd, & 3rd floors.”
33 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $14,273,550
- 2026–27 tax
- $1,198,212
- Market value (city estimate)
- $31,719,000
- Taxable value
- $14,273,550
- Assessed land
- $2,641,500
- Assessed improvements
- $11,632,050
Tax breaks
- ICAP abatement, through Jun 30, 2034, a $350,183 credit this tax year.
Zoning
C6-4X (part of the lot is M1-8A/R11): floor area ratio 10.10 built, above the 10.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jun 18, 2026: $54,000,000, 96,267 sq ft ($561 per sq ft)
- Dec 11, 2018: $90,000,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- 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.