Office building · Harlem, Manhattan
374 West 125th Street
New York, NY 10027
374 West 125th Street is a 9-floor office building in Harlem, Manhattan, built in 2002, with about 125,000 square feet of office space according to city records.
Also at 374-388 Drive M L King Jr Boulevard, 25-39 Hancock Place, 131-133 Morningside Avenue and 374-388 West 125th Street.
- Office space
- 125K SF
- Floors
- 9
- Year built
- 2002
- Zoning
- C4-4D
The 8th largest of the 19 office buildings we track in Harlem. Compare it with 6 neighbors
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Compared with its neighbors
How 374 West 125th Street compares
Next to the 6 nearest large office buildings, all within a 6 minute walk, 374 West 125th Street ranks 3rd of 7 by office floor area. It went up in 2002; the median neighbor dates from 1953. Its estimated property tax, about $6.37 a square foot of floor area before abatements, is below the neighbors' median of $9.00.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 374 West 125th Street | 125K SF | 9 | 2002 | $6.37 | n/a |
| 450 West 126th Street | 235K SF | 11 | 2019 | $14.49 | n/a |
| 423 West 127th Street | 42K SF | 5 | 1936 | $2.95 | Jan 2007, $5.8M |
| 461 West 126th Street | 117K SF | 11 | 1980 | $12.28 | n/a |
| 1361 Amsterdam Avenue | 55K SF | 6 | 1911 | $5.74 | n/a |
| 215 West 125th Street | 143K SF | 6 | 1971 | $12.07 | n/a |
| 2108 Adam C Powell Boulevard | 73K SF | 7 | 1903 | $5.94 | Feb 2014, $21.5M |
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
Building facts
- Other addresses
- 374-388 Drive M L King Jr Boulevard; 25-39 Hancock Place; 131-133 Morningside Avenue; 374-388 West 125th Street
- ZIP code
- 10027
- Building type
- Office building (city class O3)
- Total floor area
- 124,576 SF
- Commercial floor area
- 124,576 SF
- Office
- 124,576 SF
- Height
- 9 floors
- Average floor
- About 13,800 SF (floor area divided by floors)
- Year built
- 2002
- Lot area
- 13,690 SF
- Zoning district
- C4-4D
- Built FAR
- 9.1
- Max commercial FAR
- 3.4
- Tax lot (BBL)
- 1019510004
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. 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 storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered 2 storefronts at 374 West 125th Street for December 31, 2025, the newest annual filing the city has published, and 1 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2022.
- Storefronts registered for December 31, 2025
- 2
- Vacant that day
- 1
- Share vacant across Harlem
- 12.0%
- Share vacant along West 125th Street
- 16.8%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Own or lease out a storefront at 374 West 125th Street? Listing it is free, and it is matched against every active requirement for retail space in Harlem the day it goes up.
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2025 filing was due June 1, 2026, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists THE NEW YORK HOTEL TRADES COUNCIL as the owner of record. For tax year 2026/27 the city values 374 West 125th Street at $24.3 million and assesses it at $10.9 million. After phase-ins and exemptions its taxable value is $7.31 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 $793,342 a year before abatements, roughly $6.37 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.
- Owner of record
- THE NEW YORK HOTEL TRADES COUNCIL
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $24,311,000
- Land market value
- $711,000
- Assessed value
- $10,939,950
- Taxable value (phased in)
- $10,485,760
- Exemptions
- $3,172,500
- Estimated yearly tax
- About $793,342
- Tax per SF of floor area
- About $6.37
City market value by tax year
Manage or lease this building? Claim this page. Requests are reviewed by hand.
How to find who owns any NYC buildingSource: 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 2026-10-16; 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.
Own or manage 374 West 125th Street? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 374 West 125th Street in the 12 months to October 2026; the last one was first permitted in August 2023.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- August 2023
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across HarlemWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). 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.
No office space listed in Harlem yet
The closest real space on Leasemark is below. Own or broker space at 374 West 125th Street? List it free: it shows on this page and is matched against every active requirement the day it goes up.
Real space close by
Listed now by its owner or broker. Open it and tap I'm interested to ask the lister for an intro; contact details are shared once both sides accept.
Next door, in the Upper East Side
783 Madison 4th Floor
Before you sign
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Questions about 374 West 125th Street
How big is 374 West 125th Street?
374 West 125th Street has about 125,000 square feet of floor area in total, including 125,000 square feet of office, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 374 West 125th Street built?
City records list 2002 as the year built. The building is 9 floors tall.
What other addresses does 374 West 125th Street have?
City records list 374-388 Drive M L King Jr Boulevard, 25-39 Hancock Place, 131-133 Morningside Avenue and 374-388 West 125th Street on the same tax lot (BBL 1019510004) as 374 West 125th Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 374 West 125th Street?
374 West 125th Street is in ZIP code 10027, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 374 West 125th Street, New York, NY 10027, in Harlem.
What is the zoning at 374 West 125th Street?
The lot is in the C4-4D zoning district. PLUTO lists a built floor area ratio (FAR) of 9.1 and a maximum commercial FAR of 3.4 for this lot.
What subway station is closest to 374 West 125th Street?
The closest subway station to 374 West 125th Street is 125 St (the A, B, C and D trains), about 400 feet away in a straight line, roughly 2 minutes on foot. The MTA lists it as an accessible station. Also nearby: 125 St (the 1 train), 8 min walk; 116 St (the B and C trains), 8 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 374 West 125th Street?
The NYC Department of Finance's 2026/27 assessment roll lists THE NEW YORK HOTEL TRADES COUNCIL as the owner of record of 374 West 125th Street (BBL 1019510004). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
Is there construction at 374 West 125th Street?
The Department of Buildings issued no permits for new jobs at 374 West 125th Street in the 12 months to October 2026; the last one was first permitted in August 2023. These are the Department of Buildings' DOB NOW work permits for tax lot 1019510004. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
What are the property taxes at 374 West 125th Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $7.31 million for 374 West 125th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $793,342 a year, roughly $6.37 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1019510004 show the actual bill.
What is the assessed value of 374 West 125th Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 374 West 125th Street at $24.3 million ($711,000 of it land) and its assessed value at $10.9 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 4% from 2022/23 ($25.3 million) to 2026/27.
Are there vacant storefronts at 374 West 125th Street?
Owners registered 2 storefronts at 374 West 125th Street for December 31, 2025, the newest annual filing the city has published, and 1 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2022. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2025 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.
Is there office space for lease at 374 West 125th Street?
No space at 374 West 125th Street is listed on Leasemark right now. Nearby on Leasemark: office space for lease at 783 Madison 4th Floor in the Upper East Side (994 SF, $66.40/SF/yr). 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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Harlem
Transit hubs in Harlem
- 2 3 at 125 St
- A B C D at 125 St
- Metro-North at Harlem-125 St