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Property for Sale at 431 West 48th Street, Hell S Kitchen, Midtown West, NYC - Bedrooms: 9 Bathrooms: 8 Rooms: 32 - $3,899,000 Previous PhotoNext Photo

431 West 48th Street
$3,899,000

Midtown West, NYC

Rooms: 32
Bedrooms: 9
Bathrooms: 8
Web ID: 1046498162

Tremendous 25 ft. 8 family building with upside. All apartments are large. Rents are well below market and some can be duplexed. Of the three stabilized units two are on the top floor and one on the ground of the 4 story walk up. There are approximately 8000 ft of air rights and a clean dry full height basement with street access that can be monetized for at least $1200 a month. This is in a vibrant neighborhood brimming with multiple international hospitality options. Plenty of room for the savvy to reconfigure financially as well as structurally. In-place Income - $206,664 2024 Income - $323,340 Contact me for income and expenses.

Courtesy of Compass

All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all descriptive information should be confirmed by customer. All rights to content, photographs and graphics are reserved to Brown Harris Stevens. Customer should consult with its counsel regarding all closing and tax costs. Broker represents the seller/owner on Broker's own exclusives, except if another agent of Broker represents the buyer/tenant, in which case Broker will be a dual agent, in Connecticut, or , in New York State and New Jersey, a dual agent with designated or disclosed agents representing seller/owner and buyer/tenant. Broker represents the buyer/tenant when showing the exclusives of other real estate firms. In Florida, Broker acts as a Transaction Broker with all sellers and buyers, unless a different form of agency has been established in writing. If you are looking to purchase or rent housing, are using a screen reader, and are having problems using this website, please call 1-833-312-0654 for assistance. Broker actively supports Fair Housing and Equal Housing Opportunities. BHS has adopted the attached policy statement - Prior to showing a homebuyer a property or providing services: (1) BHS does not require identification from a prospective homebuyer, (2) BHS does not require a homebuyer to sign an exclusive brokerage agreement requiring the homebuyer to work only with BHS on all properties; and (3) BHS does not require a pre-approval for a mortgage loan in order to show a homebuyer properties. However, based upon the requirements of the seller, the building in which the properties is located, or others, some or all of the foregoing items may be required. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2024 The Real Estate Board of New York, Inc., all rights reserved. RLS Data display by Brown Harris Stevens. Powered by Terra Holdings.