See Home Value
$6,411,397*
Commercial - Off Market

458 West 50th Street

New York, NY 10019
bedrooms
Studio
bathrooms
6 Baths
square feet
5170 Sqft
$4,248,000 - $5,192,000
Reference Base Price*
35.83%
Since Oct 1, 2020
NY-New York
Primary Model

About This Property

Fantastic opportunity to purchase a LEGAL 6-unit, Class A 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 include 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 of 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 includes the 1, A, C, E, N, R, W, B, and D subway lines.

The manager has listed the unit size as 5170 square feet.
Unit Size
5,170Ft²
Days on Market
-
Land Size
-
Price per sqft
$913
Property Type
Commercial
Property Taxes
$50,574
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
Sep 24, 2020 Relisted $4,720,000
Relisted
Sep 23, 2020 No longer available -
No longer available
Sep 16, 2020 No longer available -
No longer available
Sep 8, 2020 No longer available -
No longer available
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
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
3 Baths
3,342 ft²
$1,167/ft²
$3,900,000 Jul 13, 2022
$3,900,000 Jul 26, 2023
$9,287/mo
Condo
4 Beds
3 Baths
2,850 ft²
$1,577/ft²
$4,495,000 Aug 18, 2020
$4,495,000 Apr 30, 2021
$7,224/mo
Condo
3 Beds
3 Baths
2,846 ft²
$1,755/ft²
$4,995,000 Nov 5, 2020
$4,995,000 Jan 9, 2021
$6,434/mo
Condo
4 Beds
4 Baths
2,771 ft²
$1,642/ft²
$4,550,000 Jun 26, 2017
$4,550,000 Apr 30, 2018
$6,419/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
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
$1,314/ft²
$4,995,000 Mar 9, 2023
-
$11,174/mo
Condo
4 Beds
5 Baths
3,289 ft²
$1,505/ft²
$4,950,000 Sep 25, 2022
-
$11,316/mo
Condo
3 Beds
4 Baths
3,080 ft²
$1,542/ft²
$4,750,000 Jun 16, 2022
-
$10,012/mo
Condo
4 Beds
5 Baths
2,930 ft²
$1,638/ft²
$4,800,000 Jun 8, 2022
-
$8,351/mo
Condo
3 Beds
3 Baths
2,890 ft²
$1,471/ft²
$4,250,000 Apr 28, 2021
-
$10,307/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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About Midtown Manhattan


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