Newmark has been retained on an exclusive basis to arrange for the sale of 410 West 47th Street. The 23’ wide, five-story, 11,035 SF multifamily elevator building is located on the south side of West 47th Street between Ninth and Tenth Avenues in the Hells’ Kitchen neighborhood of Manhattan. 410 West 47th Street features five ultra-luxury five-bedroom three-bathroom floor-through style apartments. The property was recently converted from commercial to residential and will be delivered with a Residential Certificate of Occupancy. The first-floor apartment is duplexed into a portion of the lower-level. Each of the ~2,000 SF apartments has direct access to their unit via a private elevator and offers eccentric finishes that include a video intercom system, stainless steel appliances, floating slow-close kitchen cabinets, garbage disposal, a wine fridge, marble bathrooms, radiant floor heating systems and heated towel racks. The additional lower-level space includes an exercise/yoga room and storage lockers which all tenants can access. The corrugated and blackened steel sheet metals, exposed brick, raw concrete and linear suspension lights present an irresistible vintage industrial aesthetic throughout. In a highly desirable residential neighborhood, 410 West 47th Street lends itself to an array of potential ownership profiles including traditional investors in search of unregulated cashflow, and end-users. The untapped additional income could work to subsidize the monthly expenses of an end-user and help them avoid high rise condominium common charges. 410 West 47th Street is located within immediate walking distance to the A,C, E, 1, 2 ,3 S & 7 trains, numerous bus lines and is surrounded by many of New York City’s top attractions including Hudson Yards, Times Square, Central Park and the Javits Center. The property is also located within walking to distance to the Port Authority bus terminal and the newly renovated Penn Station.