25 West 52nd Street, Manhattan
Commercial · built 1989 · Block 1268, Lot 21.
Building permits
- Alteration, filed Jun 24, 2025, estimated cost $1K, described as “Installation of temporary work platform as per plan. No change in use, egress, or occupancy. The work platform (dance floor) in the cellar level auditorium.”
- Alteration, filed May 22, 2025, estimated cost $60K, described as “Removal and replacement of plumibing fixures in kind as shown on drawings. No change to use, egress or occupancy.”
- Alteration, filed May 22, 2025, estimated cost $23K, described as “Removal and enlarging of existing lula shaft and slab modification for new seating as shown on drawings. No change to use, egress or occupancy.”
- Alteration, filed May 22, 2025, estimated cost $43K, described as “Modification of existing sprinkler system and related piping as shown on drawings. No change to use, egress or occupancy.”
- Alteration, filed May 22, 2025, estimated cost $250K, described as “Removal and replacement of duct work, fans, diffusers and heat pumps as per drawings. No change to use, egress or occupancy.”
- Alteration, filed May 22, 2025, estimated cost $1.3M, described as “Interior renovation of existing theaters, removal and installation of seating, walls, doors, ceilings and floor finishes and new slab opeinings as shown on drawings. No change to use, egress or occupancy.”
Property taxes
- Assessment
- $9,561,150
- 2026–27 tax
- $115,997
- Market value (city estimate)
- $21,247,000
- Taxable value
- $1,069,297
- Assessed land
- $4,278,150
- Assessed improvements
- $5,283,000
Tax breaks
- Nonprofit exemption (museum), with no end date, about $850,647 a year below the full tax.
Zoning
C5-2.5: floor area ratio 13.80 built, above the 12.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.