$3,700,000
Updated 5 years ago
Off Market

444 West 51st Street

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

3,640 Square FeetIncome Property

$3,700,000
floors / apts4 / 6
Lot Size18'8"x100'4"
ZoneR8
Building TypeTownhouse
RE Taxes$24,046
Price Per SF
$1,016

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom

Property Description for 444 West 51st Street

Introducing 444 West 51st Street ? a townhouse featuring 6 free-market units including 5 residences, an 810 SF backyard, and large commercial unit. Apartments include a loft-style 2-bedroom as well as four 1-bedrooms, and a flexible open commercial space..

In addition to being free-market, all units are fully renovated and the building has a projected proforma of 4.5% with a prime location on a tree-lined West 51st Street block!

444 West 51st Street is built to 3,640 SF and enjoys an 18' x 45' backyard. The excellent location is within walking distance Central Park, Columbus Circle and its shops, the Theater District, Lincoln Center, and a range of dining and cultural hot spots as well as access to the 1 / 2 / 3 / 7 / B / C / D / E / N / R / W trains and Port Authority transit center.

444 West 51st is truly at the center of it all while providing a range of investment upside and options for both today and the future. This fast-growing neighborhood enjoys the type of close proximity to transportation, entertainment, lifestyle, and cultural destinations such as Central Park, Lincoln Center, and the Theater District that have it primed for continued appreciation.

Location. Convenience. Upside.

Property Details

Block: 1060 Lot: 53
Lot Dimensions 19' x 100'
Zoning: R8
Usable Floor Area As Built: 3,640

Listing History for 444 West 51st Street

Now
03/09/2021
POM by Yair Tavivian
Douglas Elliman
01/08/2021
$3,700,000 [-$200,000] [5.1%]
Price Drop by Yair Tavivian
Douglas Elliman

Building Details for 444 West 51st Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Floors/Apts4/6
Learn More About the Building

Transit and Citi Bike

Subway

50 St
0.25 miles
50 St
0.37 miles
49 St
0.44 miles
7 Av
0.45 miles
57 St-7 Av
0.48 miles

Citi Bike

W 50 St & 9 Ave
0.07 miles
W 50 St & 10 Ave
0.11 miles

Contact Agents

Contact Agents

Yair Tavivian
Douglas Elliman
Shai Bernstein
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: 80078TH