NOT LISTED FOR SALE

540 W 49th St, Unit 401N New York, NY 10019

Hell's Kitchen Neighborhood

Estimated Value: $827,000 - $1,467,981

2 Beds
2 Baths
1,206 Sq Ft
$1,677/mo HOA Fee

Last Sold August 12, 2024

Last sale price $1,220,000 $1,012 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $10,067/month

35 Days on Market

Highlights

  • Rooftop Deck
  • City View
  • North Facing Home
  • P.S. 111 Adolph S. Ochs Rated A-
  • Central Air
  • 2-minute walk to Hell's Kitchen Park

About This Home

As of August 2024

This luxurious 1,206 square foot 2BR/2BA is situated on a treelined block in this quiet section of western Hells Kitchen. This layout features unusually wide rooms, floor-to-ceiling windows which span the full 10' ceiling height, and an open kitchen with separate dining alcove. Kitchen sports silverstone quartz countertops/backsplash, gloss matte cabinetry, Bertazzoni gas range, dishwasher, and a Liebherr refrigerator. Both bathrooms are paneled in sleek oversized Italian porcelain tile and slate flooring. Unusually spacious master bathroom includes double corian vanity, separate deep soaking tub and shower stall. Wide 4" real oak flooring throughout the apt as well as great closet space.

540 West 49th Street opened in 2015 as the gold standard for upscale new construction in Hells Kitchen. Amenities include a state -of-the-art fitness center, bicycle storage, a fireplace lounge, the 6,000 square foot courtyard with firepit, and two furnished rooftop terraces with an outdoor kitchen on each tower. Located conveniently to the west of the theater district and south of Columbus circle, this upscale pocket of Hells Kitchen is a fantastic destination thanks to nearby hotspots like Lavan Event Space, Ink 48 hotel, and Gotham West food court.

Last Agent to Sell the Property

Jason Lanyard

Douglas Elliman Real Estate License #40LA1072781 Listed on: 06/03/2024

Douglas Elliman Real Estate

Co-Listed By

Philip Morelli

Douglas Elliman Real Estate License #10401352011

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,196

Year Built

  • Built in 2015

HOA Fees

  • $1,677 Monthly HOA Fees

Interior Spaces

  • 1,206 Sq Ft Home
  • City Views
  • Washer Dryer Allowed

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • North Facing Home
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 1026 / 01077

Community Details

Overview

  • 110 Units
  • High-Rise Condominium
  • 540 West Condos
  • Hells Kitchen Subdivision
  • 7-Story Property

Amenities

  • Rooftop Deck

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,196

Year Built

Built in 2015

Lot Details

0

HOA Fees

$1,677 per month

Listing Details

  • Exposures: North
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Hells Kitchen
  • Entry Level: 4
  • Structure Type: High Rise
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area: 1206.0
  • Living Area Units: Square Feet
  • Rooms (Total): 5
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • View: City
  • View: Yes
  • Exterior Features: Building Roof Deck, None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 1677.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Building Name: 540 WEST
  • Units: 110
  • Total Stories: 7
  • Year Built: 2015

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 01077
  • Tax Lot: 1026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Aug 12, 2024
Sold by
540 West 49Th 401N Llc
Bought by
Kim Michael and Lee Jin
Seller's Agent
Jason Lanyard
Douglas Elliman Real Estate
List Price
$1,200,000
Sold Price
$1,220,000
Premium/Discount to List
$20,000
1.67%
Views
27
Current Estimated Value
$1,271,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,495
Avg. Annual Appreciation
1.00%

Purchase Details

Listed on
Aug 27, 2014
Closed on
Jun 24, 2015
Sold by
Fpg Clinton Acquisition Llc
Bought by
540 West 49Th 401N Llc
List Price
$820,000
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kim Michael $1,220,000 --
540 West 49Th 401N Llc $1,955,040 --
540 West 49Th 401N Llc $1,955,040 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2024 08/12/24 Sold $1,220,000 +1.7% $1,012 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $1,200,000 0.0% $995 / Sq Ft
06/10/2024 06/10/24 Off Market $1,200,000 -- --
06/03/2024 06/03/24 For Sale $1,200,000 0.0% $995 / Sq Ft
06/23/2021 06/23/21 Rented -- -- --
05/24/2021 05/24/21 Under Contract -- -- --
04/16/2021 04/16/21 For Rent $5,200 -1.0% --
05/17/2019 05/17/19 Rented -- -- --
04/17/2019 04/17/19 Under Contract -- -- --
03/25/2019 03/25/19 For Rent $5,250 -99.4% --
10/28/2015 10/28/15 Rented -- -- --
09/28/2015 09/28/15 Under Contract -- -- --
07/13/2015 07/13/15 Sold -- -- --
06/30/2015 06/30/15 For Rent -- -- --
06/13/2015 06/13/15 Pending -- -- --
08/27/2014 08/27/14 For Sale $820,000 -- $680 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,196 $237,929 $87,615 $150,314
2024 $18,196 $235,958 $87,615 $148,343
2023 $17,757 $234,632 $87,615 $147,017
2022 $15,935 $228,781 $87,615 $141,166
2021 $16,265 $228,781 $87,615 $141,166
2020 $16,791 $254,228 $87,615 $166,613
2019 $16,583 $254,364 $87,615 $166,749
2018 $15,653 $258,363 $87,615 $170,748
2017 $13,341 $228,375 $87,615 $140,760
2016 $11,578 $209,349 $87,616 $121,733
2015 -- $54,863 $39,558 $15,305
Source: Public Records

Agents Affiliated with this Home

  • Jason Lanyard

    Seller's Agent in 2024

    Jason Lanyard

    Douglas Elliman Real Estate

    (212) 645-4040

    1 in this area

    22 Total Sales

    Jason Lanyard
    Section Image

  • P

    Seller Co-Listing Agent in 2024

    Philip Morelli

    Douglas Elliman Real Estate

    (917) 843-3121

    1 in this area

    13 Total Sales

    Philip Morelli
    Section Image
  • Geo Punnapuzha

    Seller Co-Listing Agent in 2021

    Geo Punnapuzha

    Corcoran Group

    (212) 570-2440

    14 Total Sales

    Geo Punnapuzha
    Section Image
See All Agents

About This Building

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10981882

Real Estate Board of New York (REBNY)

APN: 1077-1026

New York New York County New York 10019 Hell's Kitchen

540 W 49th St Unit 401N, New York, NY

This home is located at 540 W 49th St Unit 401N, New York, NY 10019 since 03 June 2024 and is currently estimated at $1,271,495, approximately $1,054 per square foot. This property was built in 2015. 540 W 49th St Unit 401N is a home located in New York County with nearby schools including P.S. 111 Adolph S. Ochs, Clinton School, and Middle School 297.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

Nearby Homes