Series B fintech needs 8,000 to 12,000 SF
Posted by the tenant · Fintech
- Where
- Midtown South, Flatiron +1
- Size
- 8,000 to 12,000 SF
- Budget
- to $85/SF
- Move in
- Jan 2027
Office building with commercial space · Flatiron, Manhattan
New York, NY 10010
114 East 25th Street is a 12-floor office building with commercial space in Flatiron, Manhattan, built in 1921, with about 37,000 square feet of office space according to city records.
The 89th largest of the 90 office buildings we track in Flatiron. Compare it with 6 neighbors
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Compared with its neighbors
Next to the 6 nearest large office buildings, all within a 2 minute walk, 114 East 25th Street is the smallest by office floor area. Built in 1921, it is the newest of them. Its estimated property tax, about $15.41 a square foot of floor area before abatements, is below the neighbors' median of $16.81.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 114 East 25th Street | 37K SF | 12 | 1921 | $15.41 | Jun 2020, $41.3M |
| 104 East 25th Street | 97K SF | 12 | 1913 | $16.81 | n/a |
| 121 East 24th Street | 55K SF | 12 | 1913 | $12.23 | n/a |
| 351 Park Avenue South | 217K SF | 12 | 1913 | Exempt | Sep 2019, $345M |
| 315 Park Avenue South | 344K SF | 20 | 1911 | $20.93 | Jan 2015, $354M |
| 115 East 23rd Street | 65K SF | 12 | 1913 | $11.52 | n/a |
| 137 East 25th Street | 71K SF | 10 | 1910 | $19.24 | n/a |
Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.
NYC Department of Finance records
The Department of Finance lists 114 EAST 25TH VENTURES, LLC as the owner of record. For tax year 2026/27 the city values 114 East 25th Street at $14 million and assesses it at $6.28 million. After phase-ins and exemptions its taxable value is $6.09 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $661,129 a year before abatements, roughly $15.41 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-08; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.
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NYC property records (ACRIS)
114 East 25th Street last sold in June 2020 for $41.3 million, according to the deed recorded with the city. 25TH STREET PROPERTY OWNER LLC sold it to 114 EAST 25TH VENTURES, LLC. That comes to about $963 per square foot of floor area.
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-08; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out.
NYC Department of Buildings permits
The Department of Buildings issued no permits for new jobs at 114 East 25th Street in the 12 months to October 2026; the last one was first permitted in May 2025. In the last two years, interior work was permitted on 13 floors (floors 1 to 13, the cellar and the mezzanine). The newest build-out, on floors 1 to 13, the cellar, the mezzanine and the roof, was first permitted in May 2025 (construction, mechanical, plumbing, sprinklers, standpipe; filed cost estimate $5.6 million).
Build-outs across FlatironWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-08 (permits issued through 2026-10-06). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
Nothing is listed nearby yet. The labeled examples below show how a space appears; they are not on the market.
No live requirements for office space in Flatiron yet. These labeled examples show what tenants post. List a space in 114 East 25th Street and we match it against every new one automatically.
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114 East 25th Street has about 43,000 square feet of floor area in total, including 37,000 square feet of office and 6,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
City records list 1921 as the year built, with a major alteration recorded in 2015. The building is 12 floors tall.
114 East 25th Street is in ZIP code 10010, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 114 East 25th Street, New York, NY 10010, in Flatiron.
The lot is in the C6-2A zoning district. PLUTO lists a built floor area ratio (FAR) of 10.42 and a maximum commercial FAR of 6 for this lot.
The closest subway station to 114 East 25th Street is 23 St-Baruch College (the 6 train), about 650 feet away in a straight line, roughly 2 minutes on foot. The MTA lists it as an accessible station. Also nearby: 28 St (the 6 train), 3 min walk; 23 St (the R and W trains), 5 min walk. Walking times are straight-line estimates; the street route is longer.
The NYC Department of Finance's 2026/27 assessment roll lists 114 EAST 25TH VENTURES, LLC as the owner of record of 114 East 25th Street (BBL 1008800082). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
114 East 25th Street last sold in June 2020 for $41.3 million, according to the deed recorded with the city. 25TH STREET PROPERTY OWNER LLC sold it to 114 EAST 25TH VENTURES, LLC. That comes to about $963 per square foot of floor area. The deed is ACRIS document 2020061500880001 (BBL 1008800082) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.
The Department of Buildings issued no permits for new jobs at 114 East 25th Street in the 12 months to October 2026; the last one was first permitted in May 2025. In the last two years, interior work was permitted on 13 floors (floors 1 to 13, the cellar and the mezzanine). The newest build-out, on floors 1 to 13, the cellar, the mezzanine and the roof, was first permitted in May 2025 (construction, mechanical, plumbing, sprinklers, standpipe; filed cost estimate $5.6 million). These are the Department of Buildings' DOB NOW work permits for tax lot 1008800082. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
The Department of Finance's 2026/27 assessment roll lists a taxable value of $6.09 million for 114 East 25th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $661,129 a year, roughly $15.41 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008800082 show the actual bill.
For tax year 2026/27, the NYC Department of Finance puts the market value of 114 East 25th Street at $14 million ($2.01 million of it land) and its assessed value at $6.28 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 10% from 2022/23 ($12.6 million) to 2026/27.
No space at 114 East 25th Street is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.
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