125 PARK AVENUE
BBL 1012960001 · Class O4 · Built 1923 · 24 floors · 40 units · 125 PARK OWNER LLC
125 PARK AVENUE is a property in New York City zoned C5-3. The C5-3 classification is Commercial C5-3. The structure was built in 1923. It has 24 floors. The building contains 520,416 square feet. Built FAR is 21 of 10 maximum allowed. Assessed value is $108,981,900. Last sold for $330,000,000 in September 2010. Located in Council District 4.
You can build 372K sf as-of-right. The lot uses 140% of it today.
Governing use: commercial at FAR 15.00 on a 24,786 sqft lot. As-of-right means no rezoning, no variance — figures from PLUTO; verify with a zoning attorney before you underwrite.
The envelope, itemized
Every time the city discussed this parcel
No development cases on file for this parcel
When a ULURP, BSA, or landmark application touches this lot, it appears here with its full hearing trail.
Ownership chain
7 recorded transfers| Date | Type | Price | From → To |
|---|---|---|---|
| Sep 9, 2010 | DEED | $330,000,000 | SRI SIX 125 PARK LLC→125 PARK OWNER LLC |
| Aug 19, 2004 | DEEDO | $225,000,000 | WATCH HOLDINGS, LLC→SRI SIX 125 PARK LLC |
| Jan 7, 1998 | DEED | — | 125 PARK AVENUE, L.L.C.→WATCH HOLDINGS, LLC |
| Jan 27, 1997 | DEED | — | GENERAL ELECTRIC CAPITAL CORPORATION→125 PARK AVENUE, L.L.C. |
| Jan 17, 1997 | DEED | — | SUTOM N.V.→GENERAL ELECTRIC CAPITAL CORPORATION |
| Sep 6, 1977 | DEED | — | PRUDENTIAL INS CO AMER→SUTOM NV NETHRLNDS ETAL |
| Dec 10, 1971 | DEED | — | PERSHING SQUARE BLDGCO→PRUDENTIAL INS CO AMERI |