$550,000
Updated 5 years ago
Off Market

The Sherwood

340 West 55th Street, 2-C

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

3 Rooms1 Bed1.5 Baths1,025 Square FeetCo-op

$550,000
Maintenance$2,290
Price Per SF
$537

Listing Features

  • Abundant Closets
  • Entry Foyer
  • Hardwood Floors
  • High Ceilings [9.5']
  • Recessed Lighting
  • Separate Dining Area
  • Walk-in Closet
  • Dishwasher
  • Eat-in Kitchen
  • Open Kitchen
  • S Steel Appliances
  • En Suite Bathroom
  • Powder Room

Outdoor space and views

  • City Views

Building Amenities

  • Part-Time Doorman
  • Bike Storage
  • Elevator
  • Fitness Facility
  • Garden
  • Laundry Room
  • Resident Lounge
  • Roof Deck
  • Sauna
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 340 West 55th Street, 2-C

Back on the Market as of 07/13/21 A quiet tree-lined street convenient to Gotham's most treasured cultural, dining, entertaining and shopping destinations. You have the theaters, Restaurant Row in Hell's Kitchen, The Time Warner Center at Columbus Circle, Whole Foods and Central Park all steps outside your front door. An enormous one Bedroom, one and half Bathroom home with high ceilings and four enormous closets. The large master bedroom with en-suite bathroom easily fits a king-sized bed, has room for a home office and has two large closets. There is a full size eat-in kitchen with an adjacent dining area. The best part is the huge 25ft living-room that gives you so many options to create your own space The Sherwood offers a part- time doorman (8AM – midnight), a live in Super, a lovely gym with a sauna, meeting room, bike storage and a jaw-dropping, planted roof deck (with grilling station), and a laundry and storage room (comes with transferable storage unit). Sub-leasing is permitted after two years of ownership for two out of every five years thereafter. Guarantors and pied-a-terres permitted. Pets Welcome. 2% Flip tax.

Building Details for 340 West 55th Street

OwnershipCo-op
Building TypeMid-Rise
Service LevelPart-Time Doorman
AgePre-War
AccessElevator
Year Built1924
Financing Allowed75%
Floors/Apts11/51
Learn More About the Building

Transit and Citi Bike

Subway

50 St
0.24 miles
59 St-Columbus Circle
0.24 miles
57 St-7 Av
0.25 miles
7 Av
0.27 miles
50 St
0.29 miles

Citi Bike

8 Ave & W 55 St
0.07 miles
W 56 St & 8 Ave
0.1 miles

Contact Agent

Contact Agent

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: 1837570