Map of Property

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

438 West 45th STREET, NEW YORK, NY 10036

  • For Sale Contact for pricing
  • Property Type Unassigned
  • Property Size 18,350 SF
  • Building Class C4
  • Date Updated Apr 26, 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. They could either work with HPD to set these units aside as affordable and charge rents as high as 110% of AMI (Area Median Income), or they could warehouse these units in anticipation of future policy changes as the City’s housing crisis continues to expand. 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 fitnes

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Contacts

broker

Andrew Berry

Cushman & Wakefield

(212) 589-5124

broker

Charlie Gravina

Cushman & Wakefield

(212) 841-7580

broker

Will Conrad

Cushman & Wakefield

(212) 660-7740

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

    0.31 miles

  • 50th Street

    0.38 miles

  • 49th Street

    0.48 miles

  • 42nd Street–Times Square

    0.49 miles

  • Times Square

    0.52 miles

  • 34th Street–Hudson Yards

    0.56 miles

  • 34th Street–Penn Station

    0.61 miles

  • 53rd Street & 7th Avenue at Southeast Corner

    0.61 miles

  • 7th Avenue

    0.62 miles

  • 53rd Street & 7th Avenue at Northeast Corner

    0.62 miles

  • Sunoco

    0.27 miles

  • Mobil

    0.37 miles

  • Mobil

    0.42 miles

  • ChargePoint

    0.52 miles

  • ChargePoint

    0.77 miles

  • ChargePoint

    1.10 miles

  • ChargePoint

    1.11 miles

  • ChargePoint

    1.23 miles

  • Tesla Supercharger

    1.24 miles

  • Blink

    1.33 miles

  • Icon Parking

    0.34 miles

  • Quik Park

    0.42 miles

  • Champion

    0.63 miles

  • Icon

    0.64 miles

  • MPG Parking Javits Center

    0.67 miles

  • Hippodrome Parking

    0.67 miles

  • 24 Hour Parking

    0.68 miles

  • Allie II parking

    0.72 miles

  • Herald Square Shopping Court

    0.72 miles

  • MPG Manhattan Parking: MP Hudson

    0.74 miles

  • Comfort Inn

    0.16 miles

  • The Pod Times Square

    0.17 miles

  • Yotel New York

    0.18 miles

  • The French Quarters Guest Apartments

    0.18 miles

  • TownePlace Suites

    0.21 miles

  • Holiday Inn Express

    0.22 miles

  • Comfort Inn

    0.24 miles

  • Skyline Hotel

    0.25 miles

  • InterContinental New York Times Square

    0.25 miles

  • Riu Plaza New York Times Square

    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

    0.07 miles

  • Pio Pio

    0.08 miles

  • At Thai Restaurant

    0.08 miles

  • Mémé Mediterranean

    0.09 miles

  • Claudio’s Pizza & Pasta

    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

  • High School of Graphic Communication Arts

    0.24 miles

  • M408 Professional Performing Arts High School

    0.24 miles

  • Public School 212

    0.25 miles

  • Park West Educational Campus

    0.32 miles

  • Food and Finance High School

    0.34 miles

  • Public School 111 Adolph S. Ochs

    0.38 miles

  • Wee Ones Club

    1.17 miles

  • Everbrook Academy

    1.30 miles

  • Gymboree

    1.33 miles

  • Alpha Bet Preschool of Murray Hill

    1.37 miles

  • Push My Swing

    1.43 miles

  • NY Kids Club

    1.51 miles

  • St Vartan Play Group Preschool

    1.52 miles

  • The Accorn School

    1.70 miles

  • Samuel J. Heyman Early Childhood Center

    1.82 miles

  • Spot Daycare

    1.86 miles

Frequently Asked Questions

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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