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    12 East 48th Street

    12 East 48th Street
    New York, NY 10017
    212-563-9200
    Hotel

    12 East 48th Street is a 115,924 square foot property in the Midtown neighborhood of Manhattan. It has 366 residential units and its property type is "R-1 - Residential: Hotels, Dormitories." The notes included with the Department of Buildings filing read "Filing new building application for 31 story high rise hotel."

    • Address 12 East 48th Street
    • neighborhood Grand Central
    • borough Manhattan
    • owner HIDROCK PROPERTIES
    • developer HIDROCK PROPERTIES
    • owner entity 1248 ASSOCIATES LLC
    • architect Handel Architects
    • PLANS DISCLOSED 06/01/2016
    • dob permit issued 01/30/2017
    • DOB FILE PLANS 06/01/2016
    • DOB FILE Link
    • height in feet 366
    • floors 32
    • residential units 161
    • square feet 115,924
    • const. status UNDER CONSTRUCTION
    • block and lot 1-01283-0011
    • BIN 1035425
    • Event Financing
    • Address 12 East 48th Street
    • Neighborhood Grand Central
    • Borough Manhattan
    • Square feet 33,637
    • Price $ 100,500,000
    • Publication Date 02/01/2017
    • Event Date 12/18/2016
    • Party 1 Hidrock Properties
    • Party 2 Midland National Life Insurance
    notes
    The company secured a $100.5 million construction loan.
    • Event Sales
    • Building Name 12 and 14 East 48th Street and 13 East 47th Street
    • Address 13 East 47th Street
    • Neighborhood Grand Central
    • Borough Manhattan
    • Price $ 47,000,000
    • Price per foot $ 522.00
    notes
    The three-lot land assemblage sold for $47 million, or $522 per buildable square foot. Development site

    07/11/2016
    From left: 28-10 Jackson Avenue in Long Island City and 270 Richards Street in Red Hook Most of the city's large-scale real estate developments formally From left: 28-10 Jackson Avenue in Long Island City and 270 Richards Street in Red Hook Most of the city's large-scale real estate developments formally...
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