Fully Occupied Rental
For Sale
$12,998,000
445 W 36th St, New York, NY 10018
Rare investment opportunity near Hudson Yards with 24 apartments.
Property Size8,214 SF
Lot Size0.06 Acres
Price / SF$1,582
Days on Market166
Property Features for 445 W 36th St
General Information
Standard status
Active
Size
8,214 SF
Lot size
0.06 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$164,304
Building Details
Building Size
8,214 SF
Year Built
1900
Stories
3
Units
24
Listing Agency:
Compass
(917) 822-1384
Listed By:
Percy Mori
(917) 822-1384
Source:
Elliman
Added: Mar 10
Changed: Aug 13
Last Checked: Aug 22 at 12:05PM
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 Compass
Investment Insights
Based on property information with market context.
This is a rare investment opportunity to own a fully occupied rental building. The 6-story building, constructed in 1900, is well-run and located within walking distance of Hudson Yards, with its amenities, shopping, and restaurants. Situated on 36th Street, the property is surrounded by new buildings and is near the Glass Farmhouse Condo and the Baryshnikov Arts Center on West 37th. The 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 with 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 sits on a lot measuring 25 feet by 98.75 feet. The building dimensions are 25 feet by 51 feet. There is only one rent stabilized apartment; the remaining 23 apartments command fair market rent.
Key Highlights
- Rare investment opportunity: Fully occupied 6‑story rental building.
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
44,407
Businesses Nearby
Explore this area
Business Placement
Demographics for 10018, NY
11,145
Population
5,678
Households
2
Avg Household Size
35
Median Age
75%
College-Educated
92%
High-School Grad
0.3 sq mi
ZIP Area
37,150
Density / Sq Mi
$133,042
Median Household Income
$103,655
Median Earnings
$3,501
Median Rent
$947,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Rare investment opportunity near Hudson Yards with 24 apartments.
Where is this apartment building located?
The property is located at 445 W 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.; 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.
