438-440 West 45th Street, New York, NY 10036

438 West 45th STREET, NEW YORK, New York, 10036, NEW YORK, NY 10036

  • For Sale Contact for pricing
  • Property Type Unassigned
  • Property Size 18,350 SF
  • Additional Rent Contact for pricing
  • Building Class C4
  • Date Updated Nov 18, 2024
C&W has been exclusively retained to offer for sale 438 and 440 West 45th Street in the Midtown West neighborhood of Manhattan in New York, NY. The offering features two adjacent multifamily properties spanning 50’ of frontage along the south side of West 45th Street between 9th and 10th Avenues. The properties are comprised of a combined 30 apartments – 15 per building – consisting of a varied mix of 1-Bedroom and 2-Bedroom units. The two, five-story walk up buildings consist of eight (8) free market and twenty-two (22) rent stabilized apartments, spanning a combined 18,350 square feet.

The offering presents a rare opportunity for a new investor to acquire two multifamily properties in the heart of Manhattan at a price point significantly below replacement cost. With 9 vacant apartments, new ownership has a wide array of potential opportunities. The buildings themselves are in excellent condition as ownership recently renovated interior hallways and updated building systems such as electric meters. There is also ample opportunity in the lower level to add value in a variety of different ways. A new owner could convert the lower-level space to storage and rent it out or add amenities such as laundry or fitness for the tenants. Furthermore, the City has announced a pilot program whereby they are paying landlords to convert lower level basements with proper light and air into apartments. 438 and 440 West 45th Street both have ample light and air in their basements to

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Contacts

broker

Andrew Berry

Cushman & Wakefield

broker

Charlie Gravina

Cushman & Wakefield

broker

Will Conrad

Cushman & Wakefield

Location

Getting Around

  • Walk Score ®

    99/100 Walker's Paradise
  • Transit Score ®

    100/100 Rider's Paradise
  • Bike Score ®

    95/100 Biker's Paradise
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  • City NEW YORK, NY
  • Neighborhood Clinton - Hell's Kitchen
  • Zip Code 10036
  • Market Manhattan

Points of Interest

  • 42nd Street–Port Authority Bus Terminal

    0.30 miles

  • Times Square

    0.52 miles

  • 34th Street–Hudson Yards

    0.58 miles

  • 53rd Street & 7th Avenue at Southeast Corner

    0.61 miles

  • 53rd Street & 7th Avenue at Northeast Corner

    0.62 miles

  • 33rd St / 7th Av

    0.70 miles

  • Moynihan Train Hall

    0.72 miles

  • 7th Avenue & 33rd Street at Northwest Corner

    0.72 miles

  • 57th Street–7th Avenue

    0.76 miles

  • 5th Avenue

    0.77 miles

  • Blink

    0.13 miles

  • Mobil

    0.37 miles

  • ChargePoint

    0.52 miles

  • Tesla Supercharger

    1.23 miles

  • BP

    2.03 miles

  • Citgo

    2.50 miles

  • Sunoco

    2.61 miles

  • Atlantic

    2.80 miles

  • Shell

    2.82 miles

  • Gulf

    2.84 miles

  • Lot 10

    0.32 miles

  • Icon Parking

    0.34 miles

  • Lot 9

    0.36 miles

  • Quik Park

    0.42 miles

  • Icon

    0.53 miles

  • City Parking

    0.53 miles

  • Champion

    0.63 miles

  • Hippodrome Parking

    0.67 miles

  • MPG Parking Javits Center

    0.67 miles

  • iClean

    1.82 miles

  • Ramada

    0.16 miles

  • The Pod Times Square

    0.17 miles

  • YOTEL

    0.18 miles

  • The French Quarters Guest Apartments

    0.18 miles

  • TownePlace Suites

    0.21 miles

  • Holiday Inn Express

    0.23 miles

  • Comfort Inn

    0.25 miles

  • InterContinental New York Times Square

    0.25 miles

  • Skyline Hotel

    0.26 miles

  • Riu Plaza Hotel

    0.26 miles

  • The Marshal

    0.05 miles

  • Le Privé

    0.06 miles

  • Hallo Berlin

    0.06 miles

  • 44 & X

    0.06 miles

  • Queen of Sheba

    0.08 miles

  • Pio Pio

    0.08 miles

  • Kochi

    0.08 miles

  • At Thai Restaurant

    0.08 miles

  • Mémé Mediterranean

    0.09 miles

  • Gallo Nero

    0.09 miles

  • The Actors Studio

    0.05 miles

  • Public School 51

    0.14 miles

  • Holy Cross School

    0.21 miles

  • Midtown West School PS 212

    0.23 miles

  • M408 Professional Performing Arts High School

    0.24 miles

  • High School of Graphic Communication Arts

    0.24 miles

  • Public School 212

    0.25 miles

  • Park West Educational Campus

    0.32 miles

  • Public School 111 Adolph S. Ochs

    0.38 miles

  • Public School 58

    0.44 miles

  • Star A Kidz

    0.21 miles

  • Kindercare

    1.02 miles

  • Wee Ones Club

    1.17 miles

  • San Jose Nursery

    1.24 miles

  • Everbrook Academy

    1.30 miles

  • Gymboree

    1.33 miles

  • Alpha Bet Preschool of Murray Hill

    1.37 miles

  • Bright Horizons

    1.39 miles

  • Push My Swing

    1.43 miles

  • NY Kids Club

    1.50 miles

Frequently Asked Questions

How much does 438-440 West 45th Street, New York, NY 10036 cost?

The sale price for 438-440 West 45th Street, New York, NY 10036 is available upon request. Contact the listing broker for more information.

What is the total square footage of 438-440 West 45th Street, New York, NY 10036?

438-440 West 45th Street, New York, NY 10036 totals 18,350 square feet.

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