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421 W 50TH Street #NA Manhattan, NY 10019
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Key Details
Sold Price $3,665,000
Property Type Townhouse
Sub Type Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,700 sqft
Price per Sqft $990
Subdivision Hells Kitchen
MLS Listing ID RPLU-33421381721
Sold Date 03/31/22
Bedrooms 5
Full Baths 6
Half Baths 1
HOA Y/N No
Year Built 1920
Annual Tax Amount $29,208
Property Description
Welcome to 421 West 50th Street, a beautiful 4 story brick 1920's townhouse in Midtown West. This two unit multifamily is situated on a lovely, residential, tree lined block. Currently this home is built 16.67' wide by 50' deep on a 16.67' by 100' lot.
UNIT 1 A garden duplex with 2 bedrooms, 2.5 bathrooms, in unit laundry, access to a 33' by 50' shared garden and a fully renovated chef's kitchen with stainless steel appliances, an island and granite countertops.
UNIT 2 A triplex with 3 bedrooms, 3.5 bathrooms, in unit laundry, access to a private roof terrace and a fully renovated chef's kitchen with stainless steel appliances, an island and granite countertops.
A rare opportunity exists to combine with 419 West 50th Street to create a truly incredible single-family home with over 33 feet of frontage or a condo conversion with almost 14,000 additional FAR (combined for 419 & 421). For the savvy investor, this would be an ideal property for 1031 exchange or for someone who is looking to live in an income producing asset. The possibilities are endless and both buildings will be delivered vacant.
Hell's Kitchen is a special place to call home. With beloved restaurants such as Bocca di Bacco, Five Napkin Burger, Totto Ramen, Kashkaval and The Marshal you won't tire of the same old fare. Take a stroll along the Hudson River, visit the Intrepid Museum or MoMA, and enjoy easy access to shopping at Bergdorf Goodman, Sak's and Rockefeller Center. Whole Foods, Columbus Circle and Hudson Yards are just a short walk away and, if a sweet tooth is your thing, make sure to pick up a treat at some of our local favorites; Schmackary's Cookies or Amy's Bakery.
PROPERTY HIGHLIGHTS
Four story multifamily building with 6,377 additional FAR
Delivered Vacant
2 Free Market Units
Conversion Potential
Single user Potential
1031 Exchange
B9 Dwelling Classification with R8 Zoning
Proximity to 1/2/3/S/7/A/C/E/B/D Subways
NJ Transit buses at Port Authority
Easy Grand Central access via the 50th Street Crosstown Bus
Location
State NY
County Newyork
Rooms
Basement Other
Interior
Cooling Wall Unit(s)
Fireplace No
Appliance Washer Dryer Allowed
Laundry Washer Hookup, In Unit
Exterior
View Y/N No
View Other
Porch None
Private Pool No
Building
Story 4
New Construction No
Others
Ownership None
Monthly Total Fees $2, 434
Special Listing Condition Standard
Pets Description Building Yes, No
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RLS Data display by Coastal Property Advisors