$10,800,000
Updated 8 years ago
Off Market

410 West 36th Street

Hell's Kitchen, Manhattan | Ninth Ave & Tenth Ave

20 Beds9,745 Square FeetRental Property

$10,800,000
floors / apts5 / 20
Lot Size25'x98'8"
Built Size25'x87'7"
ZoneC1-7A
Building TypeLow-Rise
RE Taxes$152,849
Price Per SF
$1,108

Listing Features

  • Gas Heat

Outdoor space and views

  • Backyard
  • Balcony

Building Amenities

  • Voice Intercom
  • Alarm System

Property Description for 410 West 36th Street

Ariel Property Advisors has been retained on an exclusive basis to sell 410 West 36th Street, a 25’ wide, 6-story, mixed-use building, located on the south side of West 36th street between 9th Avenue and Dyer Avenue. The 11,694 square foot walk-up building consists of 20 residential units and 3 ground floor commercial units (2 retail and 1 office). All of the 20 residential units are one bedrooms, while ten (10) are free market, 8 (eight) are rent stabilized and two (2) are rent controlled. Upgrades to the building include a new security system, updated common areas and a renovated exterior. Located in Hell’s Kitchen, 410 West 36th Street sits in one of Manhattan’s strongest, emerging sub-markets. The property is in prime position to benefit from Related and Oxford Property Groups’ Hudson Yards mega development, the groundbreaking, 18 million square foot, multi-faceted project which is located a few blocks south. Nearby amenities include the entrance to High Line, a 1.45 mile elevated linear park, The Jacob J. Javits Convention Center and Madison Square Garden. Residents may also take advantage of the nearby local shops and notable restaurants steps away on 9th Avenue. The location offers substantial commuting options with direct access to the A,C,E,1,2,3 subway lines, LIRR and NJ Transit just 3 blocks away at Penn Station. As a well maintained property with upside in the remaining regulated units, 410 West 36th Street provides interested parties with the opportunity to invest in the rapidly changing Hell’s Kitchen neighborhood, steps away from Manhattan’s most transformative area.

Listing History for 410 West 36th Street

Now
01/25/2018
POM by Victor Sozio
Ariel Property Advisors
2018

Building Details for 410 West 36th Street

OwnershipRental Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts5/20
Learn More About the Building

Transit and Citi Bike

Subway

34 St-Penn Station
0.21 miles
34 St-Hudson Yards
0.33 miles
42 St-Port Authority Bus Terminal
0.37 miles
34 St-Penn Station
0.39 miles
Times Sq-42 St
0.43 miles

Railroad

Penn StationLong Island Rail Road
0.31 miles

Citi Bike

W 36 St & 9 Ave
0.03 miles
W 35 St & 9 Ave
0.04 miles

Contact Agents

Contact Agents

Victor Sozio
Ariel Property Advisors
Howard Raber
Ariel Property Advisors
Andre Sigourney
Ariel Property Advisors

Hell's Kitchen | Manhattan

Quick Profile

There is some mystery surrounding Hell’s Kitchen and how it got its name. There’s the tale about two policemen discussing how horrendous the neighborhood was back in 1880’s. The rookie cop turned to the veteran cop and said, “this place is hell.” The veteran cop replied, “No, this is hell’s kitchen.” Some say it's named after a notorious 19th century motorcycle gang. Even the historians will tell you the neighborhood's name has dubious origins. 

Regardless of how it got its name, Hell’s Kitchen is here to stay.

Hell’s Kitchen is an iconic neighborhood on the west side of Manhattan. Its boundaries are 34th and 59th streets and 8th Avenue to the Hudson River. The neighborhood has a dense urban feel with plenty of bars, bodegas, restaurants and coffee shops. It’s inhabited by an eclectic mix of young professionals, long term residents from the old days, LGBQT community and members of the performing arts community - due to the highest number of off Broadway theatres in all of New York CIty. 

From the early 1800’s to the 1980’s, Hell’s Kitchen held the title for one of the toughest neighborhoods in the city. In its early history it was populated by poor working class Irish and street gangs. Riots, violence, and crime were not uncommon. During prohibition times it was said that Hell’s Kitchen had more speakeasies than children. 

Several attempts of neighborhood rebranding have taken place over the years. Clinton, Midtown West, and even the short-lived Hell’s Canyon are a few of the replacement names that have been used. Hell’s Kitchen has a lot of grit and no shortage of fortitude. A trendy name change seems doubtful. 

Hell’s Kitchen benefited greatly from the Times Square clean up in the 1990’s. When crime rates lowered and adult theatres and prostitution disappeared, Times Square became less sleazier. Soon after, Hell’s Kitchen changed. The days of Gangsters, Irish immigrants, and rough and tumble housing tenements are part of its storied history. They’ve been replaced with bars, bodegas, restaurants, off broadway theatres, and luxury buildings. The recent completion of Hudson Yards and the Highline extension has brought new life into Hell’s Kitchen 

Low-rises, brownstones, row houses and 5 to 6 floor walk ups with studio and one bedroom apartments are common in Hell’s Kitchen. The local zoning laws from previous years kept the building heights on the lower side. Over the past decade, developers have been granted exceptions to building height zoning laws and created more modern highrise developments.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 22291TH