Pending

421 West 50th Street

New York City NY, 10019

$3,685,000


$995.95 per sqft

Pending

5 Beds

6.5 Baths

3,700 sqft

Multi-family

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

RPLU-33421381721

MLS ID

October 13, 2021

Listed

March 27, 2024

Updated

Map

421 West 50th Street
New York City NY, 10019

Interior Features

Total Stories

4


Bedrooms

5 Beds


Bathrooms

6.5 Baths


Appliances

Dryer, Dishwasher, Washer Dryer Allowed, Washer


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Other Property Details

Garage

No


View

No


County

NewYork


Pool

No

Courtesy of Corcoran Group with Caroline Bass,
Listing Contact: (646) 703-2053 

This 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

Data last updated 11:45 PM UTC, 3/27/2024

 

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