$850,000
Updated 7 years ago
Sold

540West

540 West 49th Street, 405-S

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

Studio 1 Bath577 Square FeetCondo

$850,000
Common Charges$646
RE Taxes$112
Price Per SF
$1,473

This property was sold for $818,000 on 06/06/19.

Listing Features

  • High Ceilings [10']
  • Washer / Dryer
  • Flr-to-Clg Windows
  • Dishwasher
  • Microwave
  • New Appliances
  • Open Kitchen
  • S Steel Appliances
  • Heated Floors
  • Oversized Bathroom

Outdoor space and views

  • City Views
  • South Exposure

Building Amenities

  • Full-Time Doorman
  • Bike Storage
  • Courtyard
  • Elevator
  • Fitness Facility
  • Pool
  • Resident Lounge
  • Roof Deck
  • Screening Room
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 540 West 49th Street, 405-S

FIRST LARGEST SOUTH FACING STUDIO IN THE BUILDING!
EXCELLENT OPPORTUNITY for INVESTORS to own in one of the Best New Developments in Midtown West! Tenant in Place.421 TAX ABATEMENT SOUTH Facing and Bright Condo Loft Studio with soaring 10 foot ceilings perfectly located in the highly sought after Midtown West. This spacious apt features white oak hardwood flooring throughout and a wall of floor to ceiling windows that flood the residence with natural light throughout the day. The state of the art kitchen features a Silverstone quartz countertops, imported Italian cabinetry, Bertazzoni gas range and oven, integrated ultra quiet dishwasher and an integrated Liebherr refrigerator. The master bathroom features a deep soaking tub with handheld and rain-head shower fixtures, floating vanity and imported Italian porcelain tile. Other features include Individually-controlled central heating/cooling and Washer/Dryer in the apt. 540 WEST is a new full-service Condominium building with a modern glass and steel facade and a 421-A Tax Abatement in place. It's a unique and exclusive seven-floor, two-tower boutique building with an open central 6,000 square foot landscaped courtyard perfect for lounging, dining, open air movie viewing nights and even has a reflection pool connecting the North and South buildings. Amenities include a 24 Hour attended lobby with fireplace and intimate lounge, fitness center and two breathtaking landscaped roof decks with BBQ grills in addition to bicycle storage, a pet spa and so much more

Listing History for 540 West 49th Street, 405-S

Now
06/06/2019
$818,000
Sold and Closed by Liza Nematnejad
Douglas Elliman
2019

Building Details for 540 West 49th Street

OwnershipCondo
Building TypeLow-Rise
Service LevelFull-Time Doorman
AgePost-War
AccessElevator
Year Built2015
Financing Allowed90%
Floors/Apts7/110
Learn More About the Building

Transit and Citi Bike

Subway

50 St
0.45 miles

Citi Bike

W 50 St & 10 Ave
0.11 miles
W 47 St & 10 Ave
0.15 miles

Contact Agents

Contact Agents

Liza Nematnejad
Douglas Elliman
Sandy Scheinman
Douglas Elliman

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: 1609356