$6,625,000
Updated 8 years ago
Sold

435 West 48th Street

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

20 Rooms10 Beds8 Baths6,560 Square FeetMulti-Family

$6,625,000
floors / apts4 / 4
Lot Size25'x100'4"
Built Size25' wide
Building TypeTownhouse
RE Taxes$60,811
Price Per SF
$1,010

This property was sold for $6,625,000 on 07/30/18.

Building Amenities

  • Voice Intercom
  • Garden
  • Laundry Room

Property Description for 435 West 48th Street

BEST VALUE AMAZING INVESTMENT. 25 FT WIDE HOUSE DELIVERED VACANT. Built in 1910, this multi-family is a legal 4-family located on a quiet tree-lined block. The house will be delivered vacant and is a prime opportunity for a multitude of buyers, an investor looking for an income producing property, developer looking to create a condominium or conversion to single family. The property is built 25' feet wide by 68 long and currently 6,560 SF plus a garden. Current configuration is one duplex with the lower level and three floor through units. The first floor features 2 bedrooms, 2 bathrooms and a staircase to the downstairs recreation room with a half bath and large storage room. The second and third floors feature 3 bedrooms and 2 bathrooms with south facing living rooms. The sun-soaked fourth floor features two bedrooms, a study, a renovated kitchen, washer/dryer and updated bathrooms.Additional FAR is intact. 100 Foot lot. 435 W 48th is directly across from the charming key-accessed Clinton Community Gardens. Enjoy ninth avenue's Restaurant Row and a short walk to nearby A,C,E subway lines as well as the N,R,Q, 1, 2, & 3.

Listing History for 435 West 48th Street

Now
07/30/2018
$6,625,000
Sold and Closed by Beth Benalloul
Corcoran
03/14/2018
Contract Signed by Beth Benalloul
Corcoran

Building Details for 435 West 48th Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts4/4
Learn More About the Building

Transit and Citi Bike

Subway

50 St
0.26 miles
50 St
0.37 miles
42 St-Port Authority Bus Terminal
0.38 miles
49 St
0.4 miles
7 Av
0.48 miles

Citi Bike

W 47 St & 9 Ave
0.1 miles
W 50 St & 9 Ave
0.1 miles

Contact Agents

Contact Agents

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: 69029TH