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One-Bedroom Residential Income Property

545 W 48TH Street 404S, Manhattan, NY 10036

For Sale
$949,000

Open-plan residence with integrated appliances, in-unit laundry, dedicated storage, and access to extensive building amenities.

Property Size779 SF
Days on Market60

Property Features for 545 W 48TH Street 404S

General Information

Standard status Active
Size 779 SF
Property subtype Apartment

Units

Unit Mix 1 x 1BR
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $12,000

Amenities

24 hour doorman
fitness center
landscaped courtyard with fire pit
rooftop terrace
residents' lounge
pet spa
storage
private courtyard
in unit washer/dryer
storage unit
bike storage

Building Details

Building Size 779 SF
Year Built 2015
Listing Agency: Serhant
Listed By: Talia McKinney
Source: Serhant
Added: Sep 11 Changed: Nov 8 Last Checked: Nov 8 at 12:31PM

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 Serhant

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Investment Insights

Based on property information with market context.

Residence 404S is a 779-square-foot, one-bedroom home in a 2015 dual-tower condominium. The open living area connects to a kitchen with fully integrated stainless steel appliances, quartz countertops, and under-cabinet lighting. Floor-to-ceiling windows bring natural light into the space, while the bedroom accommodates a king-size bed and additional furnishings. The bathroom includes a double-sink vanity and glass-enclosed shower with access from two entry points. Central air conditioning and an in-unit washer and dryer are included, along with a storage unit and bike storage.

Building amenities include a 24-hour doorman, fitness center, landscaped courtyard with fire pit, rooftop terrace, residents’ lounge, pet spa, and private courtyard. The property is in Hell’s Kitchen near the Theater District, Broadway theaters, Hudson River Park, Columbus Circle, and the Midtown Business District, with access to the C, E, and 1 trains.

Key Highlights

  • 779 SF one‑bedroom residence in a 2015 dual‑tower condominium
  • Floor‑to‑ceiling windows and open living layout
  • Integrated stainless steel appliances with quartz countertops

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

12,051
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Residential income properties in Manhattan, NY

$1,276 Jul
$727 Aug
$650 Sep
$877 Oct

Properties on Market for Residential income properties in Manhattan

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Open-plan residence with integrated appliances, in-unit laundry, dedicated storage, and access to extensive building amenities.
Where is this residential income property located?
The property is located at 545 W 48TH Street 404S Manhattan, NY.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 779 SF one‑bedroom residence in a 2015 dual‑tower condominium; Floor‑to‑ceiling windows and open living layout; Integrated stainless steel appliances with quartz countertops
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