540 West

540 West is a condo located 540 West 49th Street, in Hell's Kitchen, New York. The building was first built in 2013 and is 11 years old. The official lot area is listed as 21,249 square feet. The building itself is 111 feet wide and 70 feet long. In total, 540 West 49th Street has a total floor area of 91,366 square feet. Of that, 91,366 square feet are used for residential purposes. There are a total of 110 units. Of those, 110 are residential units. There are no commercial units in this building. 540 West 49th Street has a total of 7 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! For those who love to work out, there is a fitness center. Both dogs and cats are allowed in the building! There are 149 closings on record, of which we have matching data for 37 listings. In the past 3 years, a listing in this building will typically remain on the market for about 237 days Meaning, listings tend to sell at a median of $1,487 price per square foot. The transaction that took the longest to complete was unit 405N, listed on Jun 27, 2014 for $800,000. This particular unit ultimately sold 341 days later for $814,600. The most recent transaction was for unit 203N, which was first advertised on Jul 20, 2023, sold for $935,000 on Sep 28, 2023. Fun fact, the oldest transaction we have on record took place on May 21, 2012. See the full transaction history for 540 West below.

Hell's Kitchen, where 540 West 49th Street is located, has a median asking price of $2,000,000 for condo buildings. Meanwhile, the building itself has a median asking price of $995,000. For interested buyers, that means the building's median asking price is around 0.50% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 9 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $2,255,000. It is a 1,450 sqft 3 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $750,000. It is a 533 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, 5 one-bedroom, 3 two-bedroom, 1 three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $1,425,000. Collectively, the median square footage of these active units for sale is 1,001 sqft. Active units for sale at 540 West 49th Street have a median count of 1 bedrooms and have a median count of 2 bathrooms.