Updated 6 years ago
In contract

464 West 51st Street, 5-W

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

Alcove Studio 1 BathCo-op

$345,000
Maintenance$329

Listing Features

  • Floor-Through
  • High Ceilings
  • New Windows

Outdoor space and views

  • City Views
  • Treeline Views
  • North Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Voice Intercom

Policies

  • No Pets
  • No Smoking

Property Description for 464 West 51st Street, 5-W

Please email for a video tour!


Here comes the Sun. Here are your views, and here is your chance to live in the middle of it all. Perched above Manhattan’s West Side, apartment 5Woffers incredible bones, and incomparable value. Light streams through three separate exposures making certain that you enjoy great light all day long. The apartment’s 6 windows offer full Manhattan views, featuring the skyscrapers of Hudson Yards to the South, and treetop views to the North.


This apartment is versatile. It can easily be configured to be a very comfortable one-bedroom or you can keep the space wide open as a floor-through loft. The large kitchen offers an excellent opportunity for an incredible layout that will be certain to impress your guests.


The building owns the THREE commercial spaces that generate income making the maintenance low and the building financially strong. The facade is almost done being repointed, the roof and the boiler have recently been upgraded and the entire building has just received new windows. The building has upcoming plans to upgrade the hallway and lobby thus completing the building's renaissance.


This is an HDFC Cooperative Income Restrictions: 120% of AMI for 2019


1 person: $89,640 2 People: $102,480 Asset restrictions apply

Listing History for 464 West 51st Street, 5-W

Now
04/30/2020
Contract Signed by Max Moondoc
Compass
03/02/2020
$345,000 [-$20,000] [5.5%]
Price Drop by Max Moondoc
Compass

Building Details for 464 West 51st Street

OwnershipCo-op
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts5/8
Learn More About the Building

Transit and Citi Bike

Subway

50 St
0.32 miles
50 St
0.44 miles

Citi Bike

W 50 St & 10 Ave
0.05 miles
W 53 St & 10 Ave
0.12 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: 1857781