$3,165,000
Updated 4 years ago
Sold

419 West 50th Street

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

10 Rooms4 Beds4.5 Baths3,200 Square FeetMulti-Family

$3,165,000
floors / apts3 / 2
Lot Size16'x100'
Built Size16'x50'
ZoneR8
Building TypeTownhouse
RE Taxes$17,532
Price Per SF
$989

This property was sold for $3,165,000 on 03/31/22.

Property Description for 419 West 50th Street

Welcome to 419 West 50th Street, a beautiful 4 story 1920's townhouse in Midtown West. This two unit multifamily is situated on a lovely, residential, tree lined block. Currently this home is built 16.67' wide by 50' deep on a 16.67' by 100' lot.

Unit 1 A garden duplex with 2 bedrooms, 2.5 bathrooms, basement laundry, access to a 33' by 50' shared garden and a fully renovated chef's kitchen with stainless steel appliances, an island and granite countertops.

Unit 2 A duplex with 2 bedrooms, 2 bathrooms, in unit laundry, an additional den/bedroom and a fully renovated chef's kitchen with stainless steel appliances, a breakfast bar and granite countertops.

A rare opportunity exists to combine with 421 West 50th Street to create a truly incredible single-family home with over 33 feet of frontage or a condo conversion with almost 14,000 additional FAR (combined for 419 & 421). For the savvy investor, this would be an ideal property for 1031 exchange or for someone who is looking to live in an income producing asset. The possibilities are endless and both buildings will be delivered vacant.

Hell's Kitchen is a special place to call home. With beloved restaurants such as Bocca di Bacco, Five Napkin Burger, Totto Ramen, Kashkaval and The Marshal you won't tire of the same old fare. Take a stroll along the Hudson River, visit the Intrepid Museum or MoMA, and enjoy easy access to shopping at Bergdorf Goodman, Sak's and Rockefeller Center. Whole Foods, Columbus Circle and Hudson Yards are just a short walk away and, if a sweet tooth is your thing, make sure to pick up a treat at some of our local favorites; Schmackary's Cookies or Amy's Bakery.

PROPERTY HIGHLIGHTS
Four story multifamily building with 7,583 additional FAR
Delivered Vacant
2 Free Market Units
Conversion Potential
Single user Potential
1031 Exchange
B9 Dwelling Classification with R8 Zoning
Proximity to 1/2/3/S/7/A/C/E/B/D Subways
NJ Transit buses at Port Authority
Easy Grand Central access via the 50th Street Crosstown Bus

Listing History for 419 West 50th Street

Now
03/31/2022
$3,165,000
Sold and Closed by Caroline Bass
Corcoran
2022

Building Details for 419 West 50th Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

50 St
0.23 miles
50 St
0.36 miles
49 St
0.42 miles
7 Av
0.44 miles
42 St-Port Authority Bus Terminal
0.47 miles

Citi Bike

W 50 St & 9 Ave
0.05 miles
W 50 St & 10 Ave
0.12 miles

Contact Agents

Contact Agents

Etie Khan
Corcoran

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: 82438TH