540 W 49th St, Unit 405S Floor 1 New York, NY 10019

Investment Opportunity - tenant in place until January 31st, 2027 paying $3,850 per month. 5.5% cap rate. Welcome to Residence 405S at 540WEST - a beautifully designed 577 SF loft-style studio offering soaring 10 ceilings, wide-plank white oak floors, floor-to-ceiling south-facing windows, central air, and an in-unit washer/dryer. A gracious foyer sets the tone as you enter the home, creating a true sense of arrival. Just off the hallway is a large storage closet with a washer/dryer tucked neatly inside. The sleek Pullman kitchen is outfitted with Silverstone quartz countertops, imported Italian cabinetry, a Bertazzoni gas range and oven, an ultra-quiet integrated dishwasher, and a Liebherr refrigerator perfect for both everyday cooking and entertaining. The expansive main living area easily accommodates distinct zones for dining, lounging, sleeping, and even a home office. Built-in closets on the left provide excellent storage, while the massive south-facing windows bathe the entire space in natural light. Double-paned glass ensures exceptional tranquility. The spa-like bathroom features a floor-to-ceiling glass shower with both rain-head and handheld fixtures, a floating vanity, imported Italian porcelain tile, and heated floors for year-round comfort. The home is complete with individually controlled central heating and cooling. 540WEST is a full-service boutique condominium in the heart of Hell s Kitchen. This unique two-tower, seven-story development is centered around a stunning 6,000 SF landscaped courtyard - complete with lounge areas, dining spaces, a reflection pool, and open-air movie nights. Building amenities include a 24-hour attended lobby with a fireplace and intimate lounge, a fitness center, two beautifully landscaped roof decks with BBQ grills, a pet spa, bike storage, and more. Perfectly positioned near the neighborhood s best dining on 9th and 10th Avenues, moments from Columbus Circle and Central Park, the Hudson River Greenway, and multiple subway lines (1/A/C/E/B/D/R), this location offers both convenience and lifestyle. Residence 405S delivers style, light, and luxury living in one of Manhattan s most vibrant neighborhoods.