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    445 West 36Th St New York, NY 10018

    New
    For Sale
    $12,998,000

    Commercial Building, Low-rise - New York, NY

    Property size:
    8,214 SF
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 445 West 36Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    20
    Bathrooms
    20
    Parking features
    Garage
    Size
    8,214 SF

    Building Details

    Architectural style
    Other

    Compass

    Listing agent Ralph Godfrey

    Listing date Dec 4, 2025

    MLS# 11546179 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fully Occupied Building Near Hudson Yards

    This is a rare investment opportunity to own a fully occupied rental building situated within walking distance of Hudson Yards, with its shopping, restaurants and other amenities. The building is located on 36th Street, nestled among new buildings and around the corner from the Glass Farmhouse Condo and the Baryshnikov Arts Center on West 37th. Constructed in 1900, the 6-story building has a width of 25 feet and contains 24 rental apartments, each a studio. Two ground floor units share outdoor space. Several units have been renovated. The basement is well maintained and features updated utilities. The property presents a potential new development opportunity, with zoning permitting the addition of more floors. There is 6,639 square feet of unused buildable area. The zoning is R8A. The building has 8,214 square feet and lot dimensions of 25 feet by 98.75 feet, with building dimensions of 25 feet by 51 feet. There is one rent stabilized apartment; the remaining 23 apartments command fair market rent. The property is suitable for apartment buildings, multifamily properties, and residential income properties.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Dental Office Hair Salon Spa & Massage Nail Salon Law Firm Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.997415
    Latitude
    40.755635

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    FAQs

    What type of property is this?
    Apartment building - 24-unit building near Hudson Yards with development potential.
    Where is this apartment building located?
    The property is located at 445 West 36Th St New York, NY.
    What is the asking price?
    The asking price for this property is $12,998,000.
    What are key features of this property?
    This property features: - Rare investment opportunity: Fully occupied 6-story rental building with 24 apartments.; - Prime location: Walking distance to Hudson Yards amenities, shopping, and restaurants.; - Significant development potential: Zoning allows for additional floors with 6,639 sqft of unused buildable area (R8A zoning).
    (646) 461-6643
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    445 West 36Th St New York, NY 10018
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    New York, NY 10018
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    445 West 36Th St New York, NY 10018
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