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$7,692,207*
●
Commercial -
Off Market
458 West 50th Street
New York, NY 10019
11 Beds
6 Baths
5200 Sqft
$4,725,000 - $5,775,000
Reference Base Price*
46.52%
Since Feb 1, 2019
NY-New York
Primary Model
About This Property
Fantastic opportunity to purchase a 6-unit multi-family apartment
building in the heart of Midtown West.The building consists of
three 3-bedroom apartments, two 1-bedroom apartments and 1 studio
apartment. Highlights of the units include the pre-war charms of
exposed brick and wood-burning fireplaces in the units. The
penthouse includes access to the roof and a backyard is available
for the first floor. All units in this townhouse are free market
and includes special zoning privileges which would allow for a
conversion of the building into a bed and breakfast and hotel. The
building can be delivered vacant and is approximately 5,200 sq. ft.
The new owner could also convert it to a single-family
townhouse.The townhouse is located in Midtown West nearby numerous
shops, bars, entertainment and theaters that hold Broadway and
Off-Broadway shows in the Theater District. The Rockefeller Center,
Carnegie Hall, the Javits Convention Center, and the Intrepid Sea,
Air & Space Museum are cultural highlights of the neighborhood, in
addition to Restaurant Row. The townhouse is near the hustle and
bustle that is Times Square but also a short distance from the
serenity of the waters off the Hudson River to the west and the
green lawns of Central Park to the north-east. With the development
of the Hudson Yards just to the south, this area of old New York is
being revitalized by new construction and outdoor spaces such as
the High Line. It is a half mile from Port Authority Bus Terminal
and nearby public transportation that include the 1, A, C, E, N, R,
W, B and D subway lines.
The manager has listed the unit size as 5200 square feet.
The manager has listed the unit size as 5200 square feet.
Unit Size
5,200Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,010
Property Type
Commercial
Property Taxes
$56,664
HOA Dues
-
Year Built
1910
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 27, 2021 | Sold to Meroad Inc | $3,850,000 | |
Sold to Meroad Inc | |||
Jan 17, 2019 | No longer available | - | |
No longer available | |||
Jan 6, 2019 | Price Decreased |
$5,250,000
↓ $150K
(2.8%)
|
|
Price Decreased | |||
Sep 28, 2018 | Price Decreased |
$5,400,000
↓ $320K
(5.6%)
|
|
Price Decreased | |||
May 28, 2015 | Listed | $5,720,000 | |
Listed |
Show More
Property Highlights
Fireplace
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
4
Beds
3
Baths
3,786 ft²
$1,638/ft²
$6,200,000
Apr 28, 2015
$6,200,000
Aug 14, 2015
$7,390/mo
Condo
4
Beds
4
Baths
3,300 ft²
$1,470/ft²
$4,850,000
May 2, 2018
$4,850,000
Jun 28, 2019
$8,142/mo
Condo
3
Beds
4
Baths
3,500 ft²
$1,140/ft²
$3,990,000
Sep 13, 2018
$3,990,000
Mar 13, 2019
$3,804/mo
Condo
3
Beds
2.5
Baths
2,846 ft²
$1,755/ft²
$4,995,000
Nov 5, 2020
$4,995,000
Jan 9, 2021
$6,434/mo
Co-op
4
Beds
4
Baths
2,771 ft²
$1,804/ft²
$4,998,000
Apr 22, 2021
$4,998,000
Aug 10, 2021
$8,279/mo
Condo
4
Beds
4
Baths
2,954 ft²
$2,029/ft²
$5,995,000
Mar 22, 2019
$5,995,000
Apr 24, 2020
$8,748/mo
In Contract
Multifamily
12
Beds
5
Baths
6,150 ft²
$943/ft²
$5,800,000
Dec 2, 2022
-
-
Active
Condo
6
Beds
6
Baths
4,375 ft²
$1,439/ft²
$6,295,000
May 12, 2021
-
$12,877/mo
Active
Condo
6
Beds
6
Baths
4,375 ft²
$1,439/ft²
$6,295,000
Apr 22, 2022
-
$12,876/mo
Multifamily
8
Beds
5
Baths
4,120 ft²
$1,141/ft²
$4,700,000
Mar 14, 2022
-
-
Active
Co-op
5
Beds
5
Baths
3,800 ft²
$1,487/ft²
$5,650,000
Mar 9, 2023
-
$5,587/mo
In Contract
Condo
4
Beds
5
Baths
3,453 ft²
$1,520/ft²
$5,250,000
Mar 22, 2023
-
$10,062/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/22/2021
|
|
Loft
|
6 Bath
|
5170 ft²
|
$3,999,000
Loft
6 Bath
5170 ft²
|
$3,850,000
-3.73%
05/27/2021
|
Jules Borbely
Oxford Property Group
|
|
06/10/2019
|
|
Loft
|
6 Bath
|
5170 ft²
|
$4,720,000
Loft
6 Bath
5170 ft²
|
-
-
|
-
|
Jules Borbely
Oxford Property Group
|
12/08/2017
|
|
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
|
-
|
05/28/2015
|
|
11 Bed
|
6 Bath
|
5200 ft²
|
$5,720,000
11 Bed
6 Bath
5200 ft²
|
-
-
|
-
|
Jules Borbely
Oxford Property Group
|
06/09/2013
|
|
Studio
|
-
|
5200 ft²
|
$3,499,000
Studio
-
5200 ft²
|
$3,250,000
-7.12%
06/05/2014
|
-
|
Bren Salamon
Elliman
|
Building Info
About Midtown Manhattan
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