114 East 25th Street, Manhattan
Commercial · built c. 1921 · Block 880, Lot 82.
Building permits
- Alteration, filed Dec 10, 2024, described as “Installation of temporary pipe scaffold stair tower as per plans. No change in use, egress or occupancy.”
- Alteration, filed Oct 18, 2024, described as “Installation of temporary pipe scaffold & stair towers as per plans. No change in use, egress or occupancy.”
- Alteration, filed Oct 10, 2024, described as “Installation of suspended scaffold for facade work and / or inspection. Amend #2 added hoist”
- Alteration, filed Sep 25, 2024, estimated cost $4K, described as “Installation of temporary barricade as per plans. No change in use, egress or occupancy.”
- Alteration, filed Sep 25, 2024, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Major Renovation — Conversion, filed Sep 20, 2024, estimated cost $5.6M, 20 units added, 13 stories, described as “As-of-right conversion of exist. 12-sty commerical office bldg to mixed use residential bldg w/interior work only as per plans filed. In conjunction w/alt M01087722-I1 for rooftop hot water heater room. Exh. I 2025000042681 & exh iii…”
- Alteration, filed Aug 16, 2024, estimated cost $53K, described as “Filing for exterior work on roof and north and south facades. No change in use, egress, or occupancy.”
- Alteration, filed Aug 7, 2024, estimated cost $10K, described as “Proposed rooftop addition of mechanical room as per plans filed. No change in occupancy, use or egress.”
- Alteration, filed Jul 1, 2024, estimated cost $400K, described as “Proposed interior and roof structural work as per plans filed.”
- Alteration, filed Jun 6, 2024, estimated cost $421K, described as “Interior structural partial demolition work as per plans filed. Filed in conjunction with alt co #.”
- Alteration, filed May 2, 2024, estimated cost $5K, described as “Filed herewith plans & applications for installation of a dry temporary standpipe during construction.”
- Alteration, filed May 1, 2024, estimated cost $50K, described as “Modification of existing sprinkler system to temporarily change water service from existing rooftop tank to street service with a fire pump, and no change to the number of sprinkler heads as per plans filed. No change in occupancy, use or…”
- Alteration, filed Mar 20, 2024, estimated cost $250K, described as “Proposed interior demolition of existing non-load bearing interior partitions, finishes and fixtures as per plans filed. Roof level included in Work on Floors with no impact to the existing roof system. No change of occupancy, use, and…”
- Alteration, filed Mar 5, 2024, estimated cost $35K, described as “Mechanical systems”
- Alteration, filed Oct 3, 2023, estimated cost $5K, described as “Installation of 300PSF sidewalk shed as per plans. Sidewalk shed shall comply with chapter #33 of the NYC building code 2022. No change in use, occupancy, or egress under this application.”
- Alteration, filed Jan 26, 2023, estimated cost $30K, described as “Filing architectural plans, for minor interior partitions. CELLAR - These changes consist of a modification of the cellar warming kitchens into three new offices and one wellness room.”
- Alteration, filed Feb 15, 2022, estimated cost $40K, described as “Plumbing work as shown on plans.”
- Alteration, filed Apr 11, 2018, described as “Installation of temporary sidewalk shed per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application”
Property taxes
- Assessment
- $6,282,900
- 2026–27 tax
- $607,612
- Market value (city estimate)
- $13,962,000
- Taxable value
- $6,094,476
- Assessed land
- $904,500
- Assessed improvements
- $5,378,400
Tax breaks
- ICAP abatement, through Jun 30, 2028, a $53,517 credit this tax year.
Zoning
C6-2A: floor area ratio 10.42 built, above the 6.02 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 12, 2020: $41,327,347, 48,236 sq ft ($857 per sq ft)
- Jun 30, 2016: $51,081,540
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.