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    344 W 49Th St, Unit 4B New York, NY 10019

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    For Sale
    $450,000

    Studio in elevator building with low maintenance and relaxed coop rules.

    Lot size:
    0.17 Acres

    Property Features for 344 W 49Th St

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1910

    Source: Compass Agent Jill A Camac

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pre-War Studio in Hell's Kitchen

    This pre-war studio apartment is located in the heart of Hell's Kitchen, within an elevator building. The unit features exposed brick and hardwood floors. The pass-through kitchen offers ample cabinet space. The apartment provides a tree-lined view. A washer and dryer can be installed with board approval. The Gaslight is a pet-friendly building with a live-in superintendent, laundry room, bike storage, and a furnished common roof deck that offers city views. Subletting is allowed after one year of ownership. Flexible purchase options are available, including co-purchasing, parental purchasing, and pied-a-terre ownership. The property is near the Theater District and the restaurants on 9th Avenue. It is located one block from the C and E trains and close to the 1 train, with additional transportation options available at Times Square.
    Location Intelligence

    Current Use by Public Records

    Midtown Lodging Lodging Harbinger Records Ltd Recording Studio Psychic readings and horoscopes Psychic Astrology crystals Psychic The Gaslight Apartment Building

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Food Market Dental Office Clothing Store 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
    -73.9672548
    Latitude
    40.7534285

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    FAQs

    What type of property is this?
    Apartment building - Studio in elevator building with low maintenance and relaxed coop rules.
    Where is this apartment building located?
    The property is located at 344 W 49Th St, Unit 4B New York, NY.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Prime Hell's Kitchen location: Close to Theater District, 9th Avenue restaurants, and multiple subway lines.; - Flexible purchase options: Co-purchasing, parental purchasing, and pied-a-terre ownership are allowed.; - Subletting allowed after 1 year of ownership.
    (917) 816-3903
    Request Owner's contact information
    344 W 49Th St, Unit 4B New York, NY 10019
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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
    344 W 49Th St, Unit 4B New York, NY 10019
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