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Full-Floor Rental Penthouse
For Sale
$15,000,000

70 W 45th St Unit PH1, New York, NY 10036

Newly renovated four-bedroom residence with flexible one- to 12-month leasing and hotel-style services.

Property Size2,580 SF
Price / SF$5,813
Days on Market24

Property Features for 70 W 45th St Unit PH1

General Information

Standard status Active
Size 2,580 SF
Property subtype Commercial

Building Details

Year Built 2009
Stories 48
Units 57
Listing Agency: Corcoran Group
Listed By: Sebastian Lopera (sebastian.lopera@corcoran.com)
Source: Edifyny
Added: Aug 9 Changed: Aug 30 Last Checked: Aug 31 at 5:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corcoran Group

Investment Insights

Based on property information with market context.

PH1 is a 2,580-square-foot penthouse occupying an entire floor at Cassa Residences. The renovated layout includes four bedrooms, three and a half bathrooms, a 41-foot great room, and a windowed eat-in kitchen with white lacquer cabinetry, Pietra Bedonia stone counters, and premium appliances. Quadruple exposure, oversized windows, skyline and river views, and substantial natural light define the residence. Spa-inspired bathrooms feature limestone, Travertine marble, glass-enclosed showers, soaking tubs, and Glacier glass details.

Cassa supports lease terms ranging from 1 to 12 months, creating flexibility for furnished rental, corporate housing, executive stays, and relocation use. Building services include a 24-hour doorman and concierge, fitness center, business lounge, landscaped terrace, private event space, housekeeping options, and dry cleaning. The property is at 70 West 45th Street between Fifth and Sixth Avenues, near Bryant Park, Rockefeller Center, Fifth Avenue shopping, Times Square, Grand Central, offices, hotels, restaurants, and transportation.

Key Highlights

  • 2,580‑square‑foot full‑floor penthouse with four bedrooms and 3.5 bathrooms
  • Renovated residence with 41‑foot great room and quadruple exposure
  • Flexible 1 to 12‑month lease terms at Cassa Residences

Property Analytics

Current Use

Cassa Hotel Hotel & Motel Cassa Hotel & Residences Vacation Rental Residence Suites Hotel & Motel 45th Street Midtown ... Hotel & Motel

Suggested Use

Top Pick Pet Grooming Service Nursing Home Adult Day Care Buffet Locksmith (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

95,702
Businesses Nearby

Demographics for 10036, NY

33,868
Population
22,473
Households
1.5
Avg Household Size
37
Median Age
69%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
84,670
Density / Sq Mi
$100,225
Median Household Income
$86,122
Median Earnings
$2,301
Median Rent
$988,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Newly renovated four-bedroom residence with flexible one- to 12-month leasing and hotel-style services.
Where is this short term rental property located?
The property is located at 70 W 45th St Unit PH1 New York, NY.
What is the asking price?
The asking price for this property is $15,000,000.
What are key features of this property?
This property features: 2,580‑square‑foot full‑floor penthouse with four bedrooms and 3.5 bathrooms; Renovated residence with 41‑foot great room and quadruple exposure; Flexible 1 to 12‑month lease terms at Cassa Residences
More about this property
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