107 East 123rd Street, Manhattan
Apartment building · 82 units · built 2024 · Block 1772, Lot 4.
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Building permits
Permit records are unavailable right now; the map lists them once the city responds.
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.