111 Fourth Avenue (International Tailoring Company Building)
111 Fourth Avenue, New York, NY 10003
Greenwich Village
BBL 1005560044 · BIN 1008977
- Year built
- 1919
- Type
- Cooperative
- Units
- 172
- Floors
- 13
- Flip tax
- 4% of net profit, paid by the seller
- Financing
- Maximum 80% financing permitted; building requires a minimum 20% cash down payment
- Subletting
- Permitted but restricted: subletting limited to three years during any consecutive five-year period, approved by the Board on a case-by-case basis only for substantial and legitimate reasons
- Pets
- Allowed only with the prior written consent of the Lessor
- Managing agent
- Insignia Residential Group, Inc
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2001). Board policies can change by amendment — confirm at the offer stage.
Every recorded sale at this building, 2003–2026
Bedroom-by-bedroom medians, the full transfer record, and how units trade against ask.
- 1BR median
- $1.2M
- Recent range
- $600K – $3M
- Listing discount
- 3.3%
- Recorded transfers
- 200
111 Fourth Avenue (International Tailoring Company Building) is a 1919-1925 Starrett & Van Vleck terracotta industrial loft converted in 1977 — among the earliest East Village loft conversions to cooperative ownership, anchoring the Fourth Avenue corridor with 172 units.
The building rose under the Starrett & Van Vleck architectural pedigree, the same firm that designed the Saks Fifth Avenue flagship and a substantial early-20th-century commercial body of work — built to house the International Tailoring Company headquarters, a provenance that roots it in the era's menswear industry. Its residential life began with the 1977 early loft conversion, among the East Village's first industrial-to-residential cooperative conversions, carried out by Warner, Burns, Toan & Lunde.
Architecture and building operations
Starrett & Van Vleck's 1919/1925 design produced a 13-story terracotta-faced industrial loft building with industrial casement windows for the International Tailoring Company headquarters. The 1977 conversion by Warner, Burns, Toan & Lunde preserved the prewar industrial fabric — 13'6" ceilings, casement windows, original column infrastructure — while integrating 172 cooperative apartments.
Operations: 24-hour doorman; live-in superintendent; private storage; bicycle storage.
Policy framework — verify via The Roebling Research Library
- Type: Cooperative — board interview required
- Minimum down: Verify with managing agent
- Pied-à-terre: Verify with managing agent
- Pets: Verify with managing agent
- Subletting: Board approval required
- Board interview: Required
Specific policy framework should be verified against the Roebling Research Library's offering plan and house rules at engagement.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $21,226/yr
- Per unit / month range
- $0 – $10
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City record last verified September 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. Facade inspections run on a fixed five-year cycle; future inspection, repair, and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent).
Penalties shown are amounts DOB assessed against filings on record across 2005–10 to 2020–25. The FISP dataset does not record whether they were paid, contested or remain open, so treat the figure as history rather than a current balance and confirm the building’s standing with the managing agent.
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City record last verified September 2026.
Management & transfer contacts
- Flip tax
- 2% of purchase price (seller)
- Sublet policy
- Allowed; own 3 yrs, max 3 within any 5 yrs, 1-yr terms
- Pied-à-terre
- Allowed, case-by-case
- Notable fees
- Sublet fee 25% of monthly maintenance; max financing 80%
Recent sales
Recent transfers at this building, curated by The Roebling Team research desk. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | vs. Ask |
|---|---|---|---|---|
| Jul 16, 2026 | 9C | 2 BR · 2 BA | $3,050,000 | -8.1% |
| Jul 9, 2026 | 3N | 1 BR · 1 BA | $1,275,000 | -1.8% |
| Dec 29, 2025 | 7I | 2 BR · 1 BA | $1,600,000 | -13.5% |
| Jul 17, 2025 | 12A | 1 BA | $600,000 | -20.0% |
| Apr 30, 2025 | 10C | 2 BR · 1 BA | $1,252,000 | -3.3% |
| Mar 26, 2025 | 5B | 1 BR · 1.5 BA | $1,210,000 | -3.2% |
| Feb 5, 2025 | 10N | 1 BR · 1 BA | $1,225,000 | -5.7% |
| Dec 13, 2024 | 11K | 1 BA | $612,500 | +2.5% |
Market read. $/sf is measured on the latest sales with reliable square footage (2021): a median $1,216/sf across 1 sale. The building has traded as recently as 2026. Median listing discount 1.5% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Other recent transfers
| Date | Unit | Price |
|---|---|---|
| Aug 7, 2003 | 9B | $799,000 |
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-00556-0044) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.
What to know if you’re buying
The Starrett & Van Vleck architectural pedigree is real institutional context. Same firm as Saks Fifth Avenue flagship.
The 1977 early loft-conversion-to-cooperative is real institutional history. Among the East Village's first industrial conversions.
The 13'6" prewar ceilings are real institutional interior credentials.
The International Tailoring Company headquarters provenance anchors industrial-history context.
Roebling cross-references the offering plan through the Roebling Research Library during diligence.
Comparable buildings
- The Petersfield (115 Fourth Avenue) — 1905 / 1980s conversion; immediate sister building across East 12th
- The St. Mark (115 East 9th) — Bien 1965; nearby East Village cooperative peer
- 111 Third Avenue — Ginsbern 1958; nearby East Village peer
- Ageloff Tower (172 East 4th) — Shampan & Shampan 1929; nearby East Village Art Deco peer
- 111 East 14th Street (Zeckendorf Towers) — Davis Brody 1987; nearby East Village condo peer
Sources: The Roebling Research Library (offering plans, house rules, financial statements, board minutes, internal transaction records); NYC Department of Finance recorded transfers; publicly recorded NYC building data.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across East Village + NoHo — read The Roebling Team Guide to East Village + NoHo.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent.
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