451 West 48th Street

451 West 48th Street is a Co-op located in Hell's Kitchen, New York. The building was first built in 1901 and is 123 years old. The lot that the building was built on is 25 feet wide and 100 feet long. The official lot area is listed as 2,460 square feet. The building itself is 25 feet wide and 64 feet long. In total, 451 West 48th Street has a total floor area of 8,010 square feet. Of that, 8,010 square feet are used for residential purposes. There are a total of 10 units. Of those, 10 are residential units. 451 West 48th Street has a total of 5 floors.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. There are 10 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 135 days The transaction that took the longest to complete was unit 5E, listed on Jan 30, 2017 for $485,000. This particular unit ultimately sold 135 days later for $497,500. The most recent transaction was for unit 5E, sold for $600,000 on Nov 14, 2023. Fun fact, the oldest transaction we have on record took place on Mar 31, 1975. See the full transaction history for 451 West 48th Street below.

Hell's Kitchen, where 451 West 48th Street is located, has a median asking price of $750,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $485,000. For interested buyers, that means the building's median asking price is around 0.35% below the neighborhood's median asking price for co-ops. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other co-op buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.