$505,000
Updated 9 years ago
Sold

465 West 46th Street, 2-W

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

3 Rooms1 Bed1 BathCo-op

$505,000
Maintenance$324

This property was sold for $505,000 on 03/13/17.

Listing Features

  • Duplex
  • High Ceilings
  • Separate Dining Area
  • Spiral Staircase
  • Walk-in Closet
  • Washer / Dryer
  • Dishwasher
  • Microwave
  • Open Kitchen
  • Windowed Kitchen

Outdoor space and views

  • South Exposure
  • West Exposure

Building Amenities

  • Voice Intercom
  • Garden

Policies

  • Pets Allowed

Property Description for 465 West 46th Street, 2-W

Middle-income buyers, here is your golden opportunity! Welcome to 465 West 46th Street, a delightfully renovated 1BR duplex HDFC co-op in Hell's Kitchen. The apartment is situated on the first and second floors of the building. On the upper floor you'll enter a gracious, bright living room with plenty of space for a dining table. Your dining area leads to an open, modern, windowed kitchen, fully-updated with stainless steel appliances including a dishwasher & refrigerator with ice maker. Plus, you have your very own washer/dryer in the unit!

Down the spiral staircase is a spacious master bedroom suite, complete with hardwood floors, high ceilings, and another bright southern exposure. Just outside the updated bathroom you will find a very large walk-in closet with plenty of space for the stuff you'll buy with the money you saved on this apartment.

This unit also comes with a private dedicated storage unit within the co-op (no fee!), as well as free bike storage. Residents of this 8-building co-operative also enjoy an enchanting, fully-furnished common courtyard, as well as a garden & patio area with a small garden plot available for each unit. The extraordinarily low monthly maintenance of $324.60 reflects the overall fitness of this well-run co-operative, which has very healthy capital reserves and no underlying mortgage due to income from the corporation's commercial spaces, which include a laundromat.

Please note that this is an HDFC Co-Op with income restrictions for prospective purchasers. For this unit, no more than two adults may live in the apartment, and the yearly income cannot be more than $66,600 for a single-income household and must not exceed $76,100 for a two-income household. There is also a flip tax paid by seller of 50% of profit (seller may deduct up to $20K for documented improvements to reduce the gains basis for calculating flip tax).

Call today to schedule a private showing to view this special home.

Building Details for 465 West 46th Street

OwnershipCo-op
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors5
Learn More About the Building

Transit and Citi Bike

Subway

50 St
0.34 miles
42 St-Port Authority Bus Terminal
0.34 miles
50 St
0.45 miles
49 St
0.46 miles

Citi Bike

W 47 St & 10 Ave
0.07 miles
W 47 St & 9 Ave
0.13 miles

Contact Agent

Contact Agent

Licensed As
James P. Johnson
Salesperson
License#:
40JO1181629
Company:
Compass

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: 1607590