425 West 53rd Street, Manhattan
Condominium · 83 units · built 2007 · Block 1063, Lot 7502.
Building permits
- Alteration, filed Apr 1, 2026, estimated cost $10K, described as “Renovate unit 416 on the 4th floor. Work to include removing a non-load bearing wall. No change to use, egress or occupancy.”
- Alteration, filed May 27, 2025, described as “Rigging for industrial rope access.”
- Alteration, filed May 5, 2025, described as “Installation of outriggers & hoist for facade repair and inspections.”
- Alteration, filed Apr 3, 2025, estimated cost $5K, described as “Installation of 300 psf sidewalk shed as per plans. Sidewalk shed shall comply with chapter #33 of the 2022 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Sep 16, 2024, estimated cost $5K, described as “Interior renovation of an existing apartment, w/ minor partition work. As per plans filed herewith. No change in use egress or occupancy.”
Property taxes
- Assessment
- $28,481,810
- 2026–27 tax
- $3,016,239
- Market value (city estimate)
- $63,292,878
- Taxable value
- $27,144,579
- Assessed land
- $6,260,362
- Assessed improvements
- $22,221,448
- Condo units with their own tax lots
- 114
Tax breaks
- Co-op and condo abatement, with no end date, a $339,156 credit this tax year.
Zoning
C6-2: floor area ratio 3.66 built, 6.02 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Sep 15, 2026: $182,500, Apt PS10
- Jul 31, 2026: $999,000, Apt 301
- Jan 15, 2026: $1,625,000, Apt 604
- Jan 14, 2026: $2,225,000, Apt 416
- Nov 4, 2025: $1,800,000, Apt 419
- Aug 26, 2025: $988,000, Apt 308
- May 6, 2025: $195,000, Apt PS4
- Apr 17, 2025: $190,000, Apt PS16
- Jul 15, 2024: $1,579,000, Apt 402
- Jun 25, 2024: $3,062,500, Apt PH3, sold with other lots
The 10 most recent of 55 open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- 405-427 W53RD ST (City Planning P2007M0221): Completed, decided Jun 23, 2009. 08DCP050M: SPECIAL PERMIT TO ALLOW A 37-SPACE ACCESSORY PARKING GARAGE PURSUANT TO SECTION 96-111 AND 13-561 OF THE NEW YORK CITY Z ONING RESOLUTION; Additional Other #(s): 07DCP305M