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    45 West 38 Street

    45 West 38th Street
    New York, NY 10018
    316-681-5100
    Hotel

    45 West 38th Street is a 64,058 square foot building in the Midtown neighborhood of Manhattan. The property has an occupancy classification of R-1 - RESIDENTIAL: HOTELS, DORMITORIES. The building was completed in May of 2014.

    • Address 45 West 38th Street
    • neighborhood Garment District
    • borough Manhattan
    • owner entity MANHATTAN LW HOTEL ASSOC. LP
    • architect Peter Poon Architects
    • PLANS DISCLOSED 01/10/2012
    • dob permit issued 06/19/2012
    • tco issued 05/02/2014
    • DOB FILE PLANS 01/10/2012
    • DOB FILE Link
    • height in feet 240
    • floors 23
    • residential units 180
    • total units 1
    • square feet 64,058
    • const. status BUILDING COMPLETE
    • block and lot 1-00840-0016
    • BIN 1015993
    For more info, click here
    • Event Financing
    • Address 45 West 38th Street
    • Neighborhood Garment District
    • Borough Manhattan
    • Square feet 76,000
    • Price $ 57,400,000
    • Publication Date 02/01/2017
    • Event Date 12/18/2016
    • Party 1 Lodgeworks
    • Party 2 Aareal Capital Corporation
    notes
    The company secured a $57.4 million loan for the 180-key hotel.
    For more info, click here
    • Event Sales
    • Address 45-47 West 38th Street
    • Neighborhood Midtown
    • Borough Manhattan
    • Price $ 16,000,000
    • Publication Date 10/01/2011
    • Event Date 08/17/2011
    • Party 1 Utica Avenue Hotel LLC
    • Party 2 Lodgeworks
    For more info, click here
    • Event Sales
    • Building Name 45-47 West 38th Street
    • Address 47 West 38th Street
    • Neighborhood Garment District
    • Borough Manhattan
    • Square feet 18,000
    • Price $ 12,500,000
    • Price per foot $ 694.44
    • Publication Date 10/01/2007
    • Event Date 08/22/2007
    • Party 1 Nelson Tuchman
    • Party 1 Brokerage Eastern Consolidated
    • Party 1 Broker Anna Ronquillo
    notes
    The commercial loft building sold for $12.5 million. The property, which allows for close to 39,500 square feet in development, may be converted to a boutique hotel.
    For more info, click here
    • Event Sales
    • Address 45-47 West 38th Street
    • Neighborhood Midtown
    • Borough Manhattan
    • Price $ 12,500,000
    • Publication Date 10/01/2007
    • Event Date 08/17/2007
    • Party 1 Nelson Tuchman
    • Party 1 Brokerage Eastern Consolidated
    • Party 1 Broker Anna Ronquillo
    • Party 2 n/a
    For more info, click here
    • Event Sales
    • Building Name 39 West 38th Street, 43 West 38th Street
    • Address 43 West 38th Street
    • Neighborhood Garment District
    • Borough Manhattan
    • Square feet 71,000
    • Price $ 15,000,000
    • Price per foot $ 211.27
    • Publication Date 04/01/2007
    • Event Date 02/20/2007
    • Party 1 Brokerage Newmark Grubb Knight Frank
    • Party 1 Broker David Noonan
    • Party 2 Brokerage Murray Hill Properties
    • Party 2 Broker David Greene
    notes
    The buildings sold for $15 million, or $210 per square foot. The properties in this transaction were sold to entities titled Magen 26 LLC and Halascha 26 LLC, respectively. The buyer also purchased 252 West 37th Street and 256 West 38th Street (see above).