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362 West 53rd Street
Hell's Kitchen, Manhattan | Eighth Ave & Ninth Ave
10,329 Square FeetIncome Property
$8,500,000
$8,500,000
Updated 4 years ago
Off Market

362 West 53rd Street

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

10,329 Square FeetIncome Property

$8,500,000
floors / apts6 / 9
Lot Size25'x100'4"
Built Size25'x86'
ZoneR8
Building TypeLow-Rise
RE Taxes$177,999
Price Per SF
$823

Building Amenities

  • Video Intercom
  • Elevator
  • Laundry Room
  • Roof Deck

Property Description for 362 West 53rd Street

B6 has been retained on an exclusive basis to market a new construction, 25' wide, 6-story + penthouse, elevatored mixed-use building located 100' East of Ninth Avenue. The ground floor commercial space is leased to the renowned, Michelin rated "Yakitori Torishin" restaurant and there are 9 units above. 4 units have outdoor space. The property was built for a condo-conversion and represents a rare opportunity to acquire a newly built elevatored building in this dynamic Midtown West neighborhood.

Listing History for 362 West 53rd Street

Now
10/11/2022
POM by Chris Brodhead
B6 Real Estate Advisors
07/20/2022
$8,500,000
Initial Price by Chris Brodhead
B6 Real Estate Advisors
Load More

Building Details for 362 West 53rd Street

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVideo Intercom
AgePost-War
AccessElevator
Year Built2022
Floors/Apts6/9
Learn More About the Building

Transit and Citi Bike

Subway

50 St
0.16 miles
50 St
0.25 miles
7 Av
0.29 miles
57 St-7 Av
0.31 miles
59 St-Columbus Circle
0.34 miles

Citi Bike

W 54 St & 9 Ave
0.1 miles
8 Ave & W 52 St
0.1 miles

Contact Agents

Contact Agents

Chris Brodhead
B6 Real Estate Advisors
Nikola Cosic
B6 Real Estate Advisors

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.

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posted on June 30, 2023
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: 87116TH
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