125 Perry Street
125 Perry Street, New York, NY 10014
BBL 1006330024 · BIN 1011862
- Type
- Condominium
- Landmark
- In a historic district
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 125 Perry Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
125 Perry Street carried the highest asking price in Downtown Manhattan in early 2026, per listing records: $85 million for the east penthouse, listed in December 2025. That is about $11,000 per square foot on the listed 7,700 square feet. If it trades near the ask, it would set a price record for the area, which is held at $80 million by a multi-unit 2019 purchase at 212 Fifth Avenue.
The building is a 1931 parking garage on a 10,000-square-foot corner lot. The conversion keeps the brick industrial facade, including its old garage signage, and adds a floor on top. Seven or eight residences, several of them multi-level, sit above a private driveway that brings cars into the building.
Architecture and residences
The DOB job (M00769995) is filed as a new building with existing elements to remain. It takes the structure from four stories and 48 feet to five stories and 79 feet and from no apartments to seven. The superstructure permit was issued in September 2025, so the building was still under construction during 2025 and 2026.
Leroy Street Studio designed the conversion, per published reporting. The residences include two townhouse units at the base and two penthouses. The east penthouse is a three-level duplex of 7,000 to 7,700 square feet, depending on the source, with six bedrooms, nine baths, 12-foot ceilings, a central gallery stair and close to 3,000 square feet of terraces, including a three-tier roof terrace with an outdoor kitchen. Building amenities include a full-time doorman, the private driveway, a fitness room and a sports court.
Offering and pricing
Published reporting in November 2022 described an 8-unit condominium plan submitted by the sponsor to the Attorney General. The DOB filing now shows seven apartments, so the count may have changed by amendment. The plan's acceptance date and offering total were not confirmed for this page.
Listing records as of October 2026 show five residences priced from $19.95 million to $85 million:
- Penthouse East: six bedrooms, 7,700 square feet listed (7,000 in press reports), $85,000,000, about $11,000 per square foot.
- Penthouse West: five bedrooms, 7,109 square feet, $57,500,000 last ask, about $8,100 per square foot, reported in contract.
- Townhouse East: four bedrooms, about 7,023 square feet, $35,000,000, about $5,000 per square foot, listed January 2026.
- Townhouse West: four bedrooms, 6,821 square feet, $32,000,000 last ask, about $4,700 per square foot, reported in contract.
- Residence 3W: about 3,645 square feet, $19,950,000, about $5,500 per square foot.
The townhouse units are asking roughly $4,700 to $5,500 per square foot, and the penthouses $8,100 to $11,000. The full-floor 3W sits in the townhouse range.
No unit closings have recorded. City records do not yet show condominium tax lots for the building, so a sale cannot record a deed until the lots are created. Contract prices will become public only when sales close.
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What to know if you’re buying
Square footage. Published sizes for the east penthouse differ by about 700 square feet. Use the plan's Schedule A and the floor plans, not marketing summaries, to work out price per square foot.
Closing timing. Closings follow plan effectiveness and at least a temporary certificate of occupancy. Ask the sponsor for the current construction schedule and which items are outstanding.
Historic district. Exterior changes are subject to LPC review. Ask what the condominium is responsible for in maintaining the retained garage facade.
Parking and the driveway. Confirm whether parking is deeded, licensed or a limited common element, and what it costs to carry.
Taxes and charges. In sponsor sales the buyer customarily pays the New York State and New York City transfer taxes. Mansion tax rises in tiers to 3.9% at $25 million and above. Common charges and taxes are set in the plan's budget.
Comparable buildings
If you're considering 125 Perry Street, also evaluate these West Village condominiums:
- 140 Jane Street — new-construction condominium whose $87.5 million penthouse entered contract in 2025
- 166 Perry Street — 2008 condominium built using an existing garage structure
- 160 Leroy Street — Hudson River-facing new-construction condominium
- 150 Charles Street — full-service West Village condominium with parking
- 165 Charles Street — riverfront condominium
More West Village buildings
- 118 West 13th Street (The Katharine) — 1930 condominium by BKSK Architects
- 122 Greenwich Avenue (One Jackson Square) — 2010 condominium by Kohn Pedersen Fox (KPF)
- 130 West 12th Street — 1941 condominium by COOKFOX Architects
- 125 West 12th Street — 1916 co-op
- 126 West 11th Street (The Unadilla) — co-op
- 130 Barrow Street — 1931 condominium by Stephen B. Jacobs Group
The neighborhood
For the full corridor — architecture, transit, and pricing across West Village — read The Roebling Team Guide to West Village.
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. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at 125 Perry Street?
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646.939.7375 · c.cohen@compass.com