125 Park Avenue, Manhattan
Commercial · built c. 1923 · Block 1296, Lot 1.
Building permits
- Alteration, filed Oct 26, 2026, estimated cost $112K, described as “Modifications to the existing plumbing system on the 16th floor (TD Bank- Marketing Floor 17) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Oct 26, 2026, estimated cost $1.2M, described as “Modifications to the existing HVAC system on the 16th Floor (TD Bank- Marketing Floor 17) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Oct 23, 2026, estimated cost $110K, described as “Modifications to the existing sprinkler system on the 16th floor (TD Bank- Marketing Floor 17) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Oct 20, 2026, estimated cost $2.1M, described as “Installation of new partitions, doors, ceilings and finishes on the 16th floor (TD Bank- Marketing Floor 17) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Sep 29, 2026, estimated cost $2.1M, described as “Modifications to the existing HVAC system on the 20th and 21st floors (TD Securities- Marketing Floors 21 + 22) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Sep 28, 2026, estimated cost $472K, described as “Modifications to the existing sprinkler system on the 20th and 21st floors (TD Securities- Marketing floors 21 + 22) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Sep 28, 2026, estimated cost $592K, described as “Modifications to the existing plumbing system on the 20th and 21st floors (TD Securities- Marketing Floors 21 + 22) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Sep 25, 2026, estimated cost $8.9M, described as “Installation of new partitions, doors, ceilings and finishes on the 20th and 21st floors (TD Securities- 21st and 22nd Marketing Floors) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Sep 17, 2026, estimated cost $49K, described as “Modifications to the existing sprinkler system on the 20th & 21st Floors (TD Securities - 21st -22nd Floors Marketing) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Sep 17, 2026, estimated cost $29K, described as “Minor interior demolition and modifications to the existing mechanical system, including removals and modifications to the ducts and piping on the 20th & 21st Floors (21st -22 Marketing TD Securities), as per plans. No change to use,…”
- Alteration, filed Sep 17, 2026, estimated cost $6K, described as “Modifications to the existing plumbing system on the 20th & 21st Floors (TD Securities) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Sep 16, 2026, estimated cost $268K, described as “Minor interior office demolition, including removal of partitions, doors, suspended ceilings and finishes on the 20th and 21st Floors (TD Securities- Marketing Floors 21, 22) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Sep 1, 2026, estimated cost $10K, described as “Modifications to the existing plumbing system on the 17th Floor (TD Securities 16th Floor CO Floor) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Aug 28, 2026, estimated cost $1.3M, described as “Architectural/Structural modifications taking place on the 1st floor (lobby exterior) as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Jul 8, 2026, estimated cost $1K, described as “Installation of temporary sidewalk shed as per plan. No change in use, egress or occupancy.”
- Alteration, filed Jun 22, 2026, estimated cost $197K, described as “Minor interior office demolition, including removal of partitions, doors, suspended ceilings and finishes on the 17th Floor (TD Securities) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Jun 4, 2026, estimated cost $49K, described as “Modifications to the existing sprinkler system on the 20th & 21st Floors (TD Securities) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Jun 4, 2026, estimated cost $29K, described as “Minor interior demolition and modifications to the existing mechanical system, including removals and modifications to the ducts and piping on the 20th & 21st Floors (TD Securities), as per plans. No change to use, egress, or occupancy.”
- Alteration, filed Jun 4, 2026, estimated cost $6K, described as “Modifications to the existing plumbing system on the 20th & 21st Floors (TD Securities) as per plans. No change to use, egress or occupancy.”
- Alteration, filed Jun 2, 2026, estimated cost $504K, described as “Minor interior office demolition, including removal of partitions, doors, suspended ceilings and finishes on the 20th and 21st Floors (TD Securities) as per plans. No change to use, egress or occupancy.”
- Alteration, filed May 13, 2026, described as “FISP INSPECTION (Facade Inspection Safety Program). INDUSTRIAL ROPE ACCESS TECHNIQUES AND METHODS. SEE ATTACHED PLANS. Designated Primary Site supervisor: Jesus Decola”
- Alteration, filed Mar 25, 2026, estimated cost $560K, described as “Architectural modifications taking place on the 4th and 5th floors as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Mar 25, 2026, estimated cost $11.1M, described as “Architectural modifications taking place on the 4th, 5th, 6th floors as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Mar 5, 2026, estimated cost $22K, described as “HVAC removals on the 1st floor as per plans. No change to use, egress or occupancy.”
- Alteration, filed Mar 5, 2026, estimated cost $14K, described as “Removal and disposal of existing plumbing fixtures and associated piping on the 1st floor as per plans. No change to use, egress or occupancy.”
84 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $114,574,950
- 2026–27 tax
- $11,595,489
- Market value (city estimate)
- $254,611,000
- Taxable value
- $106,890,570
- Assessed land
- $12,870,000
- Assessed improvements
- $101,704,950
Zoning
C5-3: floor area ratio 21.00 built, above the 15.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Landmarks
Part of Pershing Square Building (Individual Landmark). 50 Landmarks Preservation Commission permits are on file.
Board and land use applications
- Variance or special permit (Board of Standards and Appeals 158-15-BZ): Variance or special permit, Granted, filed Jul 14, 2015, decided Jan 22, 2016. Special Permit (73-36) to allow a physical culture establishment ("PCE") to be operated as (Blink Fitness) within an existing twenty-four story commercial building located in a C5-3(MID) zoning district.
- Greater East Midtown - Special Subdistrict (City Planning P2016M0316): Completed, decided Aug 15, 2017. This is an application by NYC Department of City Planning requesting a text amendment to establish the East Midtown Subdistrict and extend the Special Midtown District, and to rezone a half-block area from C5-2 to C5-3 to reinforce the…
- Pershing Square Building - Landmark (City Planning P2017M0190): Completed, decided Feb 6, 2017. The Landmarks Preservation Commssion is requesting a report from the City Planning Commission on the Pershing Square Building located at 125 Park Avenue.
In the news
TD Bank Expands Presence To 130,057 Square Feet at 125 Park Avenue In Midtown, Manhattan, New York YIMBY, Oct 9, 2024.