107 East 123rd Street, Manhattan
Apartment building · 82 units · built 2024 · Block 1772, Lot 4.
Building permits
- New Building — Mid-Rise, filed Nov 5, 2021, 82 units, 15 stories, described as “Filing to erect a new 15 story community facility building. Supportive Housing use group 3. Affordable housing. HUB consultation accepted on 10/08/2019 (Rami Bitar)”
- Alteration, filed Jul 1, 2025, estimated cost $192K, described as “Installation of roof mounted solar panels. No change in use, egress, or occupancy”
- Alteration, filed Apr 2, 2025, estimated cost $5K, described as “Installation of temporary 2000 lb. electrical winch-hoist during new building construction.”
- Alteration, filed Feb 13, 2025, estimated cost $6K, described as “Proposed installation of pipe scaffold for remedial repairs as per plans. No change in use occupancy or egress under this application.”
- Alteration, filed Jul 3, 2024, described as “Installation of two-point suspeneded scaffold during new building construction. Construction equipment shall comply with nycc 2022 chapter 33. No change in egress, use, or occupancy.”
- Alteration, filed Jul 3, 2024, described as “Installation of multi-point suspeneded scaffold during new building construction. Construction equipment shall comply with nycc 2022 chapter 33. No change in egress, use, or occupancy.”
- Alteration, filed Jun 24, 2024, estimated cost $4K, described as “Installation of temporary barricade as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jun 21, 2024, estimated cost $4K, described as “Installation of temporary overhead protection as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jun 21, 2024, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jun 21, 2024, described as “Installation of temporary plywood fence as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jun 14, 2024, estimated cost $6K, described as “Installation of temporary personnel material hoist as per plans. No change in use, egress or occupancy.”
- Alteration, filed Mar 8, 2024, estimated cost $2K, described as “Installation and use of construction fence as per plans submitted. Construction fence shall comply with chapter #33 of NYC building code. This application involves no change in occupancy, use or egress.”
- Alteration, filed Jan 25, 2022, estimated cost $1K, described as “Installation of temporary air-pressurized alarm system for dry standpipe system during construction in conjunction with NB# M00607118-I1”
- Alteration, filed Nov 9, 2021, estimated cost $2K, described as “Sprinkler/Standpipe system filed in conjunction with New Building application M00607118-I1”
Property taxes
- Assessment
- $1,103,400
- Market value (city estimate)
- $2,452,000
- Taxable value
- $0
- Assessed land
- $1,103,400
Tax breaks
- 420-c exemption, through Jun 30, 2084, about $137,252 a year below the full tax.
Zoning
R7-2: floor area ratio 6.36 built, above the 3.44 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Board and land use applications
- Castle III: 107-111 E 123rd Street (City Planning 2020M0503): Special permit, Urban development action area, Completed, filed Aug 4, 2021, decided Jul 14, 2022. The applicant, HPD seeks seeks an UDAAP designation and disposition of city-owned land and a special permit (ZR 74-903) to increase FAR from 3.44 to 6.5 for Use group 3 - non-profit with sleeping accommodations to facilitate the…
In the news
Castle III’s Façade Progresses at 107 East 123rd Street in East Harlem, Manhattan, New York YIMBY, Jul 24, 2025.