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Map
500 W 45th Street #222
About This Property
Welcome to Residence 302 at Bloom on Forty Fifth-a spacious south facing one-bedroom home with a versatile home office, thoughtfully designed for modern living. Newly revitalized under fresh ownership, Bloom on Forty Fifth offers an elevated lifestyle in the heart of Midtown West, blending elegance, functionality, and community.
This exceptional residence features floor-to-ceiling windows that fill the space with natural light, framing serene south west views of the city. The open living and dining area flows seamlessly into a contemporary kitchen with marble countertops, custom cabinetry, and high-end appliances, perfect for cooking, entertaining, or relaxing. The dedicated home office offers flexibility, ideal for remote work, creative pursuits, or additional storage. The spa-like bathroom boasts premium fixtures, natural stone finishes, and a sleek design, creating a tranquil retreat.
As part of the Bloom on Forty Fifth community, residents enjoy an impressive array of amenities designed to foster both serenity and connection. The building features an 8,000-square-foot garden courtyard, a lush oasis filled with seasonal plants and honey locust trees. Two rooftop terraces with outdoor kitchens provide the perfect setting for entertaining or unwinding, while a state-of-the-art fitness center and an inviting residents' lounge ensure you have all the comforts of modern city living. A 24-hour attended lobby and concierge services complete this full-service experience. Photos are of a similar model unit.
Don't miss the chance to call this one-bedroom with a home office your own. Contact us today to schedule your private tour and experience the redefined urban lifestyle at Bloom on Forty Fifth!
The complete offering terms are available in an offering plan from Successor-Sponsor, file no. CD18-0180 ("Offering Plan"). Sponsor: DOF II-Bloom Resi Owner, LLC, 56 West 22nd Street, 10th Floor, New York, NY 10010 ("Sponsor"). Equal Housing Opportunity.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 10, 2025 | In contract | - | |
In contract | |||
Feb 12, 2025 | Listed by Triumph Property Group Ltd | $1,050,000 | |
Listed by Triumph Property Group Ltd |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/09/2024
|
Studio
|
1 Bath
|
445 ft²
|
$795,000
Studio
1 Bath
445 ft²
|
$795,000
07/18/2024
|
-
|
Kirsten Jordan
Elliman
| |
06/28/2024
|
Studio
|
1 Bath
|
417 ft²
|
$830,000
Studio
1 Bath
417 ft²
|
$830,000
07/24/2024
|
-
|
Kirsten Jordan
Elliman
| |
06/10/2024
|
1 Bed
|
1 Bath
|
716 ft²
|
$1,425,000
1 Bed
1 Bath
716 ft²
|
$1,085,000
-23.86%
07/10/2024
|
-
|
Kirsten Jordan
Elliman
| |
05/01/2024
|
1 Bed
|
1 Bath
|
716 ft²
|
$1,415,000
1 Bed
1 Bath
716 ft²
|
$1,075,000
-24.03%
07/11/2024
|
-
|
Kirsten Jordan
Elliman
| |
03/15/2024
|
3 Bed
|
4 Bath
|
1982 ft²
|
$2,975,000
3 Bed
4 Bath
1982 ft²
|
$2,870,000
-3.53%
04/23/2024
|
-
|
Kirsten Jordan
Elliman
| |
02/23/2024
|
1 Bed
|
1 Bath
|
652 ft²
|
$1,495,000
1 Bed
1 Bath
652 ft²
|
$1,335,000
-10.70%
04/29/2024
|
-
|
Kirsten Jordan
Elliman
| |
05/10/2023
|
2 Bed
|
2 Bath
|
-
|
$1,840,000
2 Bed
2 Bath
|
-
-
|
-
|
Klevis Metani
Compass
| |
05/19/2023
|
1 Bed
|
1 Bath
|
590 ft²
|
$1,010,000
1 Bed
1 Bath
590 ft²
|
$800,000
-20.79%
06/06/2024
|
-
|
Kirsten Jordan
Elliman
| |
10/21/2022
|
Studio
|
1 Bath
|
417 ft²
|
$950,000
Studio
1 Bath
417 ft²
|
$800,000
-15.79%
02/07/2023
|
Jill Preschel
Douglas Elliman Real Estate
| ||
10/21/2022
|
1 Bed
|
1 Bath
|
581 ft²
|
$1,295,000
1 Bed
1 Bath
581 ft²
|
$1,150,000
-11.20%
12/09/2022
|
Kirsten Jordan
Douglas Elliman Real Estate
| ||
09/03/2022
|
1 Bed
|
1 Bath
|
669 ft²
|
$1,080,975
1 Bed
1 Bath
669 ft²
|
$1,005,975
-6.94%
01/31/2023
|
-
|
Kirsten Jordan
Elliman
| |
07/20/2021
|
3 Bed
|
3 Bath
|
1414 ft²
|
$3,575,000
3 Bed
3 Bath
1414 ft²
|
$3,450,000
-3.50%
03/10/2022
|
Florence Ng
Compass
|
Building Info
- 3 Units for Sale
