Estimated payment $90,604/month
Highlights
- Elevator
- No Heating
- 3-minute walk to Bella Abzug Park
- Clinton School Rated A
About This Home
This is a RARE Investment OPPORTUNITY to own a fully occupied rental building. The building, which is well run, is in walking distance to the Hudson Yards, with all its amenities, shopping and restaurants. The building is nestled between many new buildings on 36th street and just around the corner from the long-established Glass Farmhouse Condo along with the Baryshnikov Arts Center on West 37th.
The property is a 25 ft wide, 6 story fully occupied building that was built in 1900. It currently has 24 rental apartments. Each apartment is a studio and 2 of the ground floor units share outdoor space. Several units have been renovated; The basement is well maintained with all updated utilities. This could also be a great New Development opportunity. There is only one rent stabilized apartment and the remaining 23 apartments command fair market rent. Zoning permits the add on of more floors to the building. There is 6,639 ft of unused buildable area. The Zoning is: R8A
Building sqft: 8,214
Lot dimensions: 25' x 98.75'
Building dimensions: 25' x 51. Rent Roll, Income and Expenses available upon request.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $164,304
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 25.000000x98.750000
HOA Fees
- $8,000 Monthly HOA Fees
Home Design
- 8,214 Sq Ft Home
- Entry on the 1st floor
Bedrooms and Bathrooms
- 20 Bedrooms
- 20 Full Bathrooms
Utilities
- No Cooling
- No Heating
Listing and Financial Details
- Legal Lot and Block 9 / 00734
Community Details
Overview
- 24 Units
- Hudson Yards Subdivision
- Property has 3 Levels
Amenities
- Elevator
Home Values in the Area
Average Home Value in this Area
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 | $164,333 | $1,322,730 | $99,000 | $1,223,730 |
| 2024 | $164,333 | $1,314,450 | $99,000 | $1,215,450 |
| 2023 | $145,456 | $1,185,750 | $99,000 | $1,086,750 |
| 2022 | $155,097 | $1,303,200 | $99,000 | $1,204,200 |
| 2021 | $146,295 | $1,287,900 | $99,000 | $1,188,900 |
| 2020 | $136,549 | $1,406,700 | $99,000 | $1,307,700 |
| 2018 | $103,254 | $1,005,300 | $99,000 | $906,300 |
| 2017 | $92,229 | $927,900 | $99,000 | $828,900 |
| 2016 | $83,981 | $798,750 | $99,000 | $699,750 |
| 2015 | $37,569 | $691,650 | $99,000 | $592,650 |
| 2014 | $37,569 | $635,400 | $99,000 | $536,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | For Sale | $12,998,000 | -- | $1,582 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20039872
APN: 00734-0009
- 448 W 37th St Unit 11G/12G
- 448 W 37th St Unit A9
- 448 W 37th St Unit 11/12G
- 448 W 37th St Unit 8-C
- 400 W 38th St Unit 7GN
- 400 W 38th St Unit 8BN
- 400 W 38th St Unit 9AN
- 400 W 38th St Unit 2DN
- 400 W 38th St Unit 9DN
- 400 W 38th St Unit 3GN
- 400 W 38th St Unit 5DN
- 400 W 38th St Unit 4GN
- 400 W 38th St Unit 10BN
- 400 W 38th St Unit 3EN
- 400 W 38th St Unit 5CN
- 400 W 38th St Unit 2BN
- 400 W 38th St Unit 2AN
- 400 W 38th St Unit PHBN
- 400 W 38th St Unit 6BN
- 401 W 37th St Unit 5CS
- 438 W 37th St Unit 11F
- 448 W 37th St Unit 7H
- 448 W 37th St Unit 6E
- 451 W 37th St Unit 2703
- 505 W 37th St Unit 906
- 433 W 34th St Unit 7B
- 433 W 34th St Unit 9E
- 433 W 34th St Unit 21
- 433 W 34th St Unit 4
- 451 9th Ave Unit SI ID1323970P
- 419 W 34th St
- 475 9th Ave Unit 12S
- 475 9th Ave Unit 22L
- 475 9th Ave Unit 7M
- 475 9th Ave Unit 25G
- 522 W 37th St Unit 20F
- 522 W 37th St Unit 4J
- 522 W 37th St Unit 9G
- 522 W 37th St Unit 11A
- 485 9th Ave Unit SI ID1323895P
Ask me questions while you tour the home.