544 W 49th St - Apartments FOR SALE


New York, NY 10019- Hell's Kitchen
$2,395,000 USD
212-951-8406
544 W 49th St, New York, NY for Sale
$2,395,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

544 W 49th St
New York, NY 10019
Hell's Kitchen


HIGHLIGHTS

  • Well-maintained multifamily asset located in the heart of Manhattan’s vibrant Hell’s Kitchen with views of the Hudson River
  • Originally constructed circa 1909 and well maintained
  • 8,800 square feet across five stories and sits on a 2,510± square foot lot
  • Zoned R8, C2-5, the building contains 20 residential units and offers strong in-place income with potential for future upside
  • Two blocks from the 50th Street [A, C, E] subway station, providing convenient transit throughout Manhattan and beyond

OVERVIEW

Besen Partners, as exclusive agent for ownership, is pleased to offer for sale 544 West 49th Street, a well-maintained multifamily asset located in the heart of Manhattan’s vibrant Hell’s Kitchen. Originally constructed circa 1909 and well maintained, the property comprises approximately 8,800 square feet across five stories and sits on a 2,510± square foot lot. Zoned R8, C2-5, the building contains 20 residential units and offers strong in-place income with potential for future upside. Situated on the south side of West 49th Street between 10th and 11th Avenues, the property benefits from excellent accessibility, just two blocks from the 50th Street [A, C, E] subway station, providing convenient transit throughout Manhattan and beyond.

FOR SALE DETAILS

PRICE

$2,395,000 USD

PRICE/SF

$204 USD /SF

# OF UNITS

20

PRICE/UNIT

$119,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1909

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R8

APN/PARCEL ID

1077-0057

ASK ABOUT THIS PROPERTY

Jay BernsteinBesen PartnersMore Info
212-951-8406

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Jay BernsteinBesen PartnersMore Info
212-951-8406

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.