515 West 48th Street

For Sale$6,250,000

515 West 48th Street, New York, NY 10036

  • Multi-Family

515 West 48th Street, New York, NY 10036 - Multi-Family Space

515 West 48th Street is located at 515 West 48th Street in the Clinton - Hell's Kitchen neighborhood, NY, New York, 10036. The Multi-Family building features a total of 9,790 Sqft.

Nearby Listings

Nearby Properties

Details

  • Sale Price $6,250,000
  • City New York
  • Neighborhood Clinton - Hell's Kitchen
  • Zip Code 10036
  • Market Manhattan
  • Property Type Multi-Family
  • Property Size 9,790 Sqft
  • Date Updated 13 Feb, 2020

Description

- First sale in 35+ years
- 20-unit multifamily property with strong existing cash-flow
- 25’ of frontage on 48th between 10th and 11th Avenues
- Rapidly appreciating neighborhood: short walk to restaurant row, Hudson yards, Columbus Circle, Central Park, & Times Square

Clinton - Hell's Kitchen Demographics

The average household income in zip code 10036 is $130,731, from a total of 16,183 households. In terms of employment, there are 94.64 % white-collar and 5.36 % blue-collar jobs in zip code 10036.

Population

  • Total Population45,338
  • Male Population(52.5 %) 23,803
  • Female Population(47.5 %) 21,535
  • Median Age36.70

Income/Financial

  • Average Household Income$133,875
  • Median Household Income$98,833
  • Median Income Under 25$44,643
  • Median Income 25-44$136,295
  • Median Income 45-64$86,373
  • Median Income Over 65$41,631

Attachments

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Logan Markley

(202) 430-5194

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