West 48th Street | TRD Research
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West 48th Street

West 48th Street
New York, NY 10036
Other

West 48th Street is a 403,125 square foot property built in 1930 in the Clinton neighborhood of Manhattan. The property has 2 total units and has an occupancy classification of "pier, dock, bulkhead."

  • Address West 48th Street
  • neighborhood Clinton
  • borough Manhattan
  • owner The City of New York, Department of Small Business Services
  • owner entity NYC DSBS
  • floors 2
  • Year Built 1930
  • total units 2
  • square feet 403,125
  • block and lot 1-01107-0012
  • BIN 1027180
  • Event Sales
  • Address 156 West 48th Street
  • Neighborhood Times Square
  • Borough Manhattan
  • Price $ 24,300,000
  • Publication Date 02/16/2019
  • Event Date 02/12/2019
  • Party 1 Ian Goldrich
  • Party 2 Rockefeller Group
notes
The buyer bought the Times Square property for $24.3 million.
  • Event Sales
  • Address 351 West 48th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 8,000
  • Price $ 5,050,000
notes
The buyer acquired the Midtown West property for $5.05 million.
  • Event Sales
  • Address 340 West 48th Street
  • Neighborhood Hell's Kitchen
  • Borough Manhattan
  • Square feet 7,497
  • Price $ 4,750,000
notes
The buyer secured the Hell's Kitchen property for $4.75 million.
  • Event Financing
  • Address 64 West 48th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 130,000
  • Price $ 47,000,000
  • Publication Date 06/11/2018
  • Event Date 06/06/2018
  • Party 1 Muss Development
  • Party 2 Nationwide Life Insurance
notes
The owners secured a $47 million loan for their Midtown property.
  • Event Sales
  • Address 548 West 48th Street
  • Neighborhood Clinton
  • Borough Manhattan
  • Square feet 28,540
  • Price $ 29,168,079
  • Publication Date 02/06/2018
  • Event Date 01/12/2018
  • Party 1 M&R Hotel Management
  • Party 2 McSam Hotel Group
notes
The prolific developer bought out his partner on the Midtown West Comfort Inn for $29.2 million.
  • Event Financing
  • Address 548 West 48th Street
  • Neighborhood Clinton
  • Borough Manhattan
  • Square feet 28,540
  • Price $ 14,500,000
  • Publication Date 02/06/2018
  • Event Date 01/12/2018
  • Party 1 McSam Hotel Group
  • Party 2 Customer Bank
notes
Hotelier lands $14.5 million loan for Comfort Inn
  • Event Retail Leasing
  • Address 64 West 48th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 10,000
notes
The Udon noodle eatery inked a 15-year lease.
  • Event Sales
  • Address 441 West 48th Street
  • Neighborhood Hell's Kitchen
  • Borough Manhattan
  • Square feet 8,175
  • Price $ 12,400,000
  • Publication Date 08/01/2017
  • Event Date 07/10/2017
  • Party 1 Yaron Finkelstein
  • Party 2 Churchill Real Estate Holdings
notes
The real estate firm bought the property
  • Event Sales
  • Address 443 West 48th Street
  • Neighborhood Hell's Kitchen
  • Borough Manhattan
  • Square feet 8,175
  • Price $ 3,100,000
  • Publication Date 08/01/2017
  • Event Date 07/10/2017
  • Party 1 Yaron Finkelstein
  • Party 2 Churchill Real Estate Holdings
notes
The real estate company bought this property
  • Event Retail Leasing
  • Address 28 West 48th Street
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 3,200
  • Publication Date 05/01/2017
  • Event Date 03/17/2017
  • Party 1 Olmstead Properties
  • Party 1 Brokerage Olmstead Inc
  • Party 1 Broker Steve Marvin
  • Party 2 Starbucks
  • Party 2 Brokerage SCG Retail
  • Party 2 Broker David Firestein
notes
Starbucks has signed a new lease in Midtown.
  • Event Sales
  • Address 10 West 48th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 51,400
  • Price $ 37,200,000
  • Price per foot $ 723.00
  • Publication Date 08/01/2016
  • Event Date 06/17/2016
  • Party 1 Extell Development
  • Party 2 Barack Ferrazzano Kirschbaum & Nagelberg
notes
The parking garage sold for $37.2 million.
  • Event Residential Sales
  • Building Name 545 West 48th Street
  • Address Unit 103S, 545 West 48th Street
  • Unit 103S
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 521
  • Price $ 763,688
  • Price per foot $ 1,465.81
  • Publication Date 01/22/2016
  • Event Date 12/23/2015
  • Party 1 Fortis Property Group
  • Party 1 Entity Fpg Clinton Acquisition, LLC
  • Party 1 Entity 545 West 48 LLC
  • Event Residential Sales
  • Building Name 18 West 48th Street
  • Address Unit 14C, 18 West 48th Street
  • Unit 14C
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 772
  • Price $ 1,335,000
  • Price per foot $ 1,729.27
  • Publication Date 12/11/2015
  • Event Date 11/30/2015
  • Party 1 Boran, Mairtin
  • Party 2 Lee, Grace Kuo
  • Event Residential Sales
  • Building Name 545 West 48th Street
  • Address Unit 104S, 545 West 48th Street
  • Unit 104S
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 774
  • Price $ 967,338
  • Price per foot $ 1,249.79
  • Publication Date 12/16/2015
  • Event Date 11/24/2015
  • Party 1 Fortis Property Group
  • Party 1 Entity Fpg Clinton Acquisition LLC
  • Party 2 Patel, Nimesh A
  • Event Residential Sales
  • Building Name 545 West 48th Street
  • Address Unit 102S, 545 West 48th Street
  • Unit 102S
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 501
  • Price $ 738,231
  • Price per foot $ 1,473.52
  • Publication Date 11/12/2015
  • Event Date 10/22/2015
  • Party 1 Fortis Property Group
  • Party 1 Entity Fpg Clinton Acquisition LLC
  • Party 2 Bezada, Jose Martin; Schenone, Vilma
  • Event Residential Sales
  • Building Name 545 West 48th Street
  • Address Unit 103S, 545 West 48th Street
  • Unit 103S
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 547
  • Price $ 763,688
  • Price per foot $ 1,396.14
  • Publication Date 10/16/2015
  • Event Date 10/09/2015
  • Party 1 Fortis Property Group
  • Party 1 Entity Fpg Clinton Acquisition, LLC
  • Party 1 Entity Old World Real Estate Group, LLC
  • Event Residential Sales
  • Building Name 545 West 48th Street
  • Address Unit 101S, 545 West 48th Street
  • Unit 101S
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 779
  • Price $ 999,922
  • Price per foot $ 1,283.60
  • Publication Date 10/19/2015
  • Event Date 10/08/2015
  • Party 1 Fortis Property Group
  • Party 1 Entity Fpg Clinton Acquisition, LLC
  • Party 2 Ruch, Loren M.; Salas, David J.
  • Event Residential Sales
  • Building Name 545 West 48th Street
  • Address Unit 107S, 545 West 48th Street
  • Unit 107S
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 1,027
  • Price $ 1,400,094
  • Price per foot $ 1,363.29
  • Publication Date 10/21/2015
  • Event Date 10/07/2015
  • Party 1 Fortis Property Group
  • Party 1 Entity Fpg Clinton Acquisition, LLC
  • Party 2 Aponte, Alfredo; Aponte, Roxana
  • Event Residential Sales
  • Building Name 545 West 48th Street
  • Address Unit 108S, 545 West 48th Street
  • Unit 108S
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 1,092
  • Price $ 1,476,463
  • Price per foot $ 1,352.07
  • Publication Date 10/19/2015
  • Event Date 10/02/2015
  • Party 1 Fortis Property Group
  • Party 1 Entity Fpg Clinton Acquisition, LLC
  • Party 2 Arita, Akira; Arita, Patricia
  • Event Residential Sales
  • Building Name 18 West 48th Street
  • Address Unit 19E, 18 West 48th Street
  • Unit 19E
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 892
  • Price $ 1,800,000
  • Price per foot $ 2,017.94
  • Publication Date 08/24/2015
  • Event Date 08/12/2015
  • Party 1 Entity Saffa LLC
  • Party 2 Zhang, Xiao
  • Event Residential Sales
  • Building Name 18 West 48th Street
  • Address Unit 11C, 18 West 48th Street
  • Unit 11C
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 772
  • Price $ 1,395,000
  • Price per foot $ 1,806.99
  • Publication Date 08/03/2015
  • Event Date 07/13/2015
  • Party 1 Sky 48 Limited
  • Party 2 Wung, Han-Yun
  • Event Residential Sales
  • Building Name 18 West 48th Street
  • Address Unit 11D, 18 West 48th Street
  • Unit 11D
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 628
  • Price $ 1,128,000
  • Price per foot $ 1,796.18
  • Publication Date 04/16/2015
  • Event Date 03/26/2015
  • Party 1 Kilkenny, Ken; Kilkenny, Kenneth
  • Party 2 Cai, Yu; Jiang, Li
  • Event Residential Sales
  • Building Name 18 West 48th Street
  • Address Unit 14D, 18 West 48th Street
  • Unit 14D
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 628
  • Price $ 1,150,000
  • Price per foot $ 1,831.21
  • Publication Date 03/17/2015
  • Event Date 03/03/2015
  • Party 1 Boucher, James
  • Party 2 Liu, Jingkun
  • Event Retail Leasing
  • Address 246 West 48th Street
  • Neighborhood Times Square
  • Borough Manhattan
  • Square feet 3,250
  • Publication Date 04/01/2015
  • Event Date 02/20/2015
  • Party 1 Northeast Vantage LLC
  • Party 1 Brokerage CBRE
  • Party 1 Broker Ron Boricoro
  • Party 2 Lantern
  • Party 2 Brokerage ABS Partners Real Estate
  • Event Sales
  • Address 532-540 West 48th Street
  • Neighborhood Hell's Kitchen
  • Borough Manhattan
  • Price $ 16,500,000
  • Publication Date 11/01/2014
  • Event Date 09/17/2014
  • Party 1 UFCW Local 174
  • Party 2 Sam Chang
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10/05/2017
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08/15/2017
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06/15/2017
Clockwise from bottom left: Gulf Avenue site on Staten Island, rendering of 351 West 38th Street, 809 Neptune Avenue and a rendering of Cornell Clockwise from bottom left: Gulf Avenue site on Staten Island, rendering of 351 West 38th Street, 809 Neptune Avenue and a rendering of Cornell...

12/21/2015
3.) Marolda Properties sold a pair of Midtown rental buildings at 409-411 West 48th Street for $16.8 million...