See Home Value
$7,692,207*
Commercial - Off Market

458 West 50th Street

New York, NY 10019
bedrooms
11 Beds
bathrooms
6 Baths
square feet
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.
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
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
Multifamily
12 Beds
5 Baths
6,150 ft²
$943/ft²
$5,800,000 Dec 2, 2022
-
-
Condo
6 Beds
6 Baths
4,375 ft²
$1,439/ft²
$6,295,000 May 12, 2021
-
$12,877/mo
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
-
-
Co-op
5 Beds
5 Baths
3,800 ft²
$1,487/ft²
$5,650,000 Mar 9, 2023
-
$5,587/mo
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
20210222
02/22/2021
Loft
6 Bath
5170 ft²
$3,999,000
bedrooms
Loft
bathrooms
6 Bath
square feet
5170 ft²
$3,850,000 -3.73%
05/27/2021
Jules Borbely
Oxford Property Group
20190610
06/10/2019
Loft
6 Bath
5170 ft²
$4,720,000
bedrooms
Loft
bathrooms
6 Bath
square feet
5170 ft²
-
-
-
Jules Borbely
Oxford Property Group
20171208
12/08/2017
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-
20150528
05/28/2015
11 Bed
6 Bath
5200 ft²
$5,720,000
bedrooms
11 Bed
bathrooms
6 Bath
square feet
5200 ft²
-
-
-
Jules Borbely
Oxford Property Group
20130609
06/09/2013
Studio
-
5200 ft²
$3,499,000
bedrooms
Studio
bathrooms
-
square feet
5200 ft²
$3,250,000 -7.12%
06/05/2014
-
Bren Salamon
Elliman

Building Info

458 West 50th Street 458 West 50th Street, New York, NY 10019
  • 6 Units
More about this Building
458 West 50th Street
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