450 West 126th Street, Manhattan
Commercial · built 2019 · Block 1966, Lot 95.
Building permits
- Alteration, filed Sep 17, 2025, described as “Application for the installation and use of material hoist as per plans filed herein. No change in egress, use, or occupancy.”
- Alteration, filed Jul 25, 2024, described as “Installation of temporary counteweighted system material hoist equipment”
- Alteration, filed Dec 4, 2023, estimated cost $20K, described as “Install platforms around the dunnage in conjunction with mechanical work.”
- Alteration, filed Nov 5, 2021, estimated cost $181K, described as “Filing for the retaining walls , footing for the art works, slap on grade in preparation for the pavers , and installation of the steps in the open space in conjunction with the NB application.”
- Alteration, filed Feb 25, 2020, estimated cost $1K, described as “Filing for curb cut in conjunction with NB#121643043.”
- Alteration, filed Jan 27, 2020, estimated cost $1K, described as “Installation of support scaffold in accordance with nycc 2014 chapter 33. No change in egress, use, or occupancy.”
- Alteration, filed Oct 18, 2019, described as “Installation of temporary supported scaffold on needle beam per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- No Work, filed Apr 30, 2019, described as “A groundbreaking ceremony for Taystee Lab with food and beverage, for invited guests only”
- Alteration, filed Feb 6, 2019, described as “Installation of temporary sidewalk shed and sidewalk shed on the roadway (Shed legs to be on the roadway) per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this…”
- Alteration, filed Feb 5, 2019, described as “Installation of temporary construction fence and fence on the roadway per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
Property taxes
- Assessment
- $35,672,850
- 2026–27 tax
- $621,757
- Market value (city estimate)
- $79,273,000
- Taxable value
- $34,858,170
- Assessed land
- $4,179,150
- Assessed improvements
- $31,493,700
Tax breaks
- ICAP abatement, through Jun 30, 2048, a $3,159,657 credit this tax year.
Zoning
M1-5/R7-2: floor area ratio 6.62 built, above the 5.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Dec 20, 2018: $20,050,003
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- C-O-P (City Planning P1994M0179): Completed, decided May 31, 1994. RESTRICTED DISPOSITION OF CITY-OWNED PROPERTY, 1 PARCEL FOR*ECONOMIC DEVELOPMENT PURPOSES
In the news
Taystee Lab Building Nears Completion at 450 West 126th Street in Manhattanville, Manhattan, New York YIMBY, Aug 10, 2021.