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Flexible Short-Term Rental Residence
For Sale
$1,299,000

70 W 45TH Street 31D, New York City, NY 10036

Full-service residence with adaptable sleeping arrangements and leasing terms ranging from one to twelve months.

Property Size661 SF
Price / SF$1,965
Days on Market104

Property Features for 70 W 45TH Street 31D

General Information

Standard status Active
Size 661 SF
Property subtype Apartment

Additional Details

Public Transit Yes
Multifamily Units 1

Amenities

24-hour doorman and concierge
fitness center
residents' lounge
landscaped outdoor terrace
Butter Restaurant
in-unit washer/dryer

Building Details

Building Size 661 SF
Year Built 2009
Listing Agency: Corcoran Group
Listed By: Sebastian Lopera · License #10401208921
Source: Carlinwright
Added: May 21 Changed: Aug 30 Last Checked: Aug 31 at 9:32PM

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.

This 661-square-foot residence at Cassa Residences was built in 2009 and offers a flexible layout that can function as an open one-bedroom or include a separately enclosed second bedroom. The interior features expansive windows, open city views, high ceilings, dark wide-plank hardwood flooring, and an in-unit washer and dryer. Its Pullman-style kitchen includes Pietra Bedonia stone counters, white lacquer cabinetry, and integrated Miele, Wolf, and Liebherr appliances. Bathrooms are finished with Glacier glass, limestone floors, Travertine marble vanities, an enclosed shower, and a deep soaking tub.

The building supports short-term occupancy with leasing options from 1 to 12 months. Residents have access to a 24-hour doorman and concierge, fitness center, lounge, landscaped outdoor terrace, and Butter Restaurant. The property is at 70 W 45TH Street in New York City, near Bryant Park and Grand Central, with multiple subway lines serving the surrounding city.

Key Highlights

  • 661 SF residence in Cassa Residences, built in 2009
  • Adaptable floor plan can provide an open one‑bedroom or enclosed second bedroom
  • Short‑term leasing permitted for terms from 1 to 12 months

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.

Lease Details

1
Residential units

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 - Full-service residence with adaptable sleeping arrangements and leasing terms ranging from one to twelve months.
Where is this short term rental property located?
The property is located at 70 W 45TH Street 31D New York City, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 661 SF residence in Cassa Residences, built in 2009; Adaptable floor plan can provide an open one‑bedroom or enclosed second bedroom; Short‑term leasing permitted for terms from 1 to 12 months
More about this property
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