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
Commercial condominium · Midtown South, Manhattan
New York, NY 10001
137 West 25th Street is a 12-floor commercial condominium in Midtown South, Manhattan, built in 1910, with about 66,000 square feet of office space according to city records.
Also at 137-139 West 25th Street.
The 121st largest of the 156 office buildings we track in Midtown South. Compare it with 6 neighbors
No space at 137 West 25th Street is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once.
Compared with its neighbors
Next to the 6 nearest large office buildings, all within a 1 minute walk, 137 West 25th Street ranks 4th of 7 by office floor area. It went up in 1910; the median neighbor dates from 1911. Its estimated property tax, about $8.78 a square foot of floor area before abatements, is below the neighbors' median of $9.32.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 137 West 25th Street | 66K SF | 12 | 1910 | $8.78 |
| 151 West 25th Street | 65K SF | 12 | 1909 | $10.43 |
| 134 West 26th Street | 87K SF | 12 | 1911 | $8.95 |
| 138 West 25th Street | 88K SF | 12 | 1911 | $10.78 |
| 159 West 25th Street | 80K SF | 12 | 1911 | $8.80 |
| 150 West 25th Street | 61K SF | 12 | 1911 | $9.68 |
| 152 West 25th Street | 58K SF | 12 | 1911 | $6.77 |
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). Large means at least 50,000 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 2026-09-30; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-02. 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
137 West 25th Street is a condominium of 14 tax lots with 13 owners of record, none holding half of its market value. For tax year 2026/27 the city values 137 West 25th Street at $19.8 million and assesses it at $8.91 million. After phase-ins and exemptions its taxable value is $6.54 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 $709,466 a year before abatements, roughly $8.78 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, summed over 14 condominium tax lots; owner names as the roll records them, which cuts some long names short), pulled 2026-10-02; 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.
NYC energy benchmarking (Local Law 84)
137 West 25th Street reported an ENERGY STAR score of 82 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a B (70 to 84). Its site energy use came to 51 kBtu per square foot, 40% below the national median of 85.2 for a similar property. Its greenhouse gas emissions were about 445 metric tons of CO2e (5.1 kg per square foot).
Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-02; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.
NYC Department of Buildings permits
In the 12 months to September 2026, the Department of Buildings issued first permits for 1 job at 137 West 25th Street. In the last two years, interior work was permitted on 2 floors (floors 1 and 7). The newest build-out, on floor 1 and the roof, was first permitted in January 2026 (mechanical; filed cost estimate $11,000).
Build-outs across Midtown SouthWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-02 (permits issued through 2026-09-30). 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 Midtown South yet. These labeled examples show what tenants post. List a space in 137 West 25th Street and we match it against every new one automatically.
Posted by the tenant · Fintech
Posted by the tenant · Software
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137 West 25th Street has about 81,000 square feet of floor area in total, including 66,000 square feet of office, 8,000 square feet of retail and 7,000 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
City records list 1910 as the year built. The building is 12 floors tall.
City records list 137-139 West 25th Street on the same tax lot (BBL 1008017501) as 137 West 25th Street. A space listed on Leasemark at any of these addresses shows up on this page.
137 West 25th Street is in ZIP code 10001, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 137 West 25th Street, New York, NY 10001, in Midtown South.
The lot is in the M1-8A/R11 zoning district. PLUTO lists a built floor area ratio (FAR) of 12.34 and a maximum commercial FAR of 12 for this lot.
The closest subway station to 137 West 25th Street is 23 St (the 1 train), about 700 feet away in a straight line, roughly 3 minutes on foot. Also nearby: 28 St (the 1 train), 3 min walk; 23 St (the F and M trains), 3 min walk. Walking times are straight-line estimates; the street route is longer.
137 West 25th Street is a condominium of 14 tax lots with 13 owners of record, none holding half of its market value. That is from the NYC Department of Finance's 2026/27 assessment roll (BBL 1008017501). Deeds and mortgages for each unit are public in ACRIS, the city's property records system.
137 West 25th Street reported an ENERGY STAR score of 82 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 82 earns a B. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 51 kBtu per square foot, 40% below the national median of 85.2 for a similar property. Its greenhouse gas emissions were about 445 metric tons of CO2e (5.1 kg per square foot).
In the 12 months to September 2026, the Department of Buildings issued first permits for 1 job at 137 West 25th Street. In the last two years, interior work was permitted on 2 floors (floors 1 and 7). The newest build-out, on floor 1 and the roof, was first permitted in January 2026 (mechanical; filed cost estimate $11,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008017501. 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 $6.54 million for 137 West 25th Street (the sum of its 14 condominium tax lots). At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $709,466 a year, roughly $8.78 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008017501 show the actual bill.
For tax year 2026/27, the NYC Department of Finance puts the market value of 137 West 25th Street at $19.8 million ($2.84 million of it land) and its assessed value at $8.91 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 18% from 2022/23 ($16.8 million) to 2026/27.
No space at 137 West 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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