125 3 Avenue
Gramercy, Manhattan
Parcel ID (BBL): 1008960001
Owner: Forkosh Development Group
Debt: July 23, 2025, $7 million
Built: 1999
SF: 113,754
Dwelling units: 91
No. of buildings: 1
Class: Dormitories (H8)
Floors: 16
Transactions:
• Forkosh Development Group borrowed $7 million from Webster Bank for 125 3rd Avenue, Gramercy, Manhattan on July 23, 2025.
• Forkosh Development Group borrowed $65 million from Webster Bank for 125 3rd Avenue, Gramercy, Manhattan on March 27, 2023.
Development:
• Alexander Forkosh filed plans for alteration in Gramercy, Manhattan, on September 09, 2025.
• Alexander Forkosh filed plans for alteration in Gramercy, Manhattan, on June 25, 2025.
• Alexander Forkosh filed plans for alteration in Gramercy, Manhattan, on June 25, 2025.
• Alexander Forkosh filed plans for alteration in Gramercy, Manhattan, on June 03, 2025.
• Forkosh Development Group filed plans for major alteration for 113,754 sqft in Gramercy, Manhattan, on May 19, 2025.
Most recent Schedule of Occupancy
Violations:
According to city public data, the properties have received $1,300 in OATH penalties in the last year.