$1,330,000
Updated 3 years ago
Sold

348 West 38th Street, 9-B

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

Loft 5 Rooms2 Beds1 Bath1,600 Square FeetCo-op

$1,330,000
Maintenance$2,633
Price Per SF
$831

Listing Features

  • Corner Apartment
  • High Ceilings [12.3']
  • Home Office
  • Live/Work
  • Separate Dining Area
  • Windowed Kitchen

Outdoor space and views

  • Balcony [13'x4']
  • City Views
  • East Exposure
  • South Exposure

Building Amenities

  • Video Intercom
  • Keyed Elevator
  • Renovated Lobby

Policies

  • Pets Allowed

Property Description for 348 West 38th Street, 9-B

NEW LISTING!

A rare find in vibrant Hudson Yards! Enjoy the style and uniqueness of this quintessentially classic, 1600 sq ft live/work loft featuring soaring 12'3" ceilings with beams, beautiful vintage wide-plank pine floors, brilliant light pouring in from a wall of oversized south-facing windows, and remarkable cityscape views.

The versatile floorplan can easily accommodate 2 bedrooms, 2 bathrooms, plus a den and home office, and is perfect for entertaining with a seamless flow between the living/dining areas and open windowed kitchen. The spacious primary bedroom is a peaceful place to unwind with generous closets and a charming balcony for enjoying a taste of the outdoors and city views. There's also a secondary sleeping area with an en-suite bathroom, and tremendous storage space throughout.

At $870 per sq ft, this is a great opportunity for anyone seeking a true loft, in a superior location in NYC's historic Garment District. 348 West 38th Street is an elegant 1915 prewar elevator loft building comprised of 23 wonderful live/work lofts floors from the 7th floor and above. The boutique cooperative has an impeccably-restored Art Deco lobby, key-locked elevators, a freight elevator, intercom security, and 2 common laundry rooms. Pets and pied-a-terres are allowed.This is a land lease building with a proprietary lease until December 31, 2179. There is no underlying mortgage, and financials are excellent.

The prime address is super-convenient, minutes from Hudson Yards. Right nearby is Midtown, Bryant Park, Broadway theaters, gourmet restaurants, excellent shopping, specialty food stores, numerous subway lines and more!

Building Details for 348 West 38th Street

OwnershipCo-op
Building TypeLoft
Service LevelVideo Intercom
AgePre-War
AccessKeyed Elevator
Year Built1915
Financing Allowed80%
Floors/Apts13/23
Learn More About the Building

Transit and Citi Bike

Subway

34 St-Penn Station
0.2 miles
42 St-Port Authority Bus Terminal
0.23 miles
Times Sq-42 St
0.28 miles
34 St-Penn Station
0.35 miles
42 St-Bryant Pk
0.45 miles

Railroad

Penn StationLong Island Rail Road
0.32 miles

Citi Bike

8 Ave & W 38 St
0.08 miles
W 39 St & 9 Ave
0.09 miles

Contact Agents

Contact Agents

Gerald Germany
Douglas Elliman
Susan Sears
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: 2013297