147 West 40th Street

Theater District

$24,000,000
Price
Beds
5,190 Sq. Ft.
$4,624 / Sq. Ft.
5,190
Sq. Ft.
$4,624
per Sq. Ft.

Description

147 W 40th Street presents a rare opportunity to own a property in the heart of Midtown Manhattan. Just blocks south of Times Square, West of Bryant Park and East of the new Hudson Yards development, this property sits on 40th street between Broadway and 7th Avenue. The building is highly visible from both 7th Avenue and Broadway. Currently existing is a 4 story, 5,190 SF mixed use building.
There is a restaurant on the ground floor, a hair salon/spa on the second and third floors and office space
...147 W 40th Street presents a rare opportunity to own a property in the heart of Midtown Manhattan. Just blocks south of Times Square, West of Bryant Park and East of the new Hudson Yards development, this property sits on 40th street between Broadway and 7th Avenue. The building is highly visible from both 7th Avenue and Broadway. Currently existing is a 4 story, 5,190 SF mixed use building.

There is a restaurant on the ground floor, a hair salon/spa on the second and third floors and office space on the 4th floor. The property sits on a lot that measures approximately 20’ X 98.75’. The property is zoned C5-3,MID. An investor has flexibility and different options with this
property. It can remain cash flowing by keeping existing tenancy in place. It can be a redevelopment or ground up development with total Commercial Buildable SF of 29,625 and total Residential Buildable SF of 19,750.

There are countless transportation options as well as parking right near the property. There are 12 subway lines within a 5 minute walk.

Amenities

  • Voice Intercom

Location

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LISTING UPDATED: 01/04/2023 12:45 PM

Property Details for 147 West 40th Street

StatusExclusive Expired
Days on Market1197
Taxes$15,754 / month
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMixed Use
MLS Type-
Year Built1900
Lot Size1,975 SF / 20' x 99'
CountyNew York County

Building

147 W 40th St

3 Units4 StoriesBuilt in 1900

Location

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Virtual Tour

Building Information for 147 West 40th Street

Stories4Residences3Year Built1900Lot Size1,975 SF / 20' x 99'Building AgePre-warBuilding TypeLowriseSenior Community-Levels / Stories-

Payment Calculator

$146,732 per month

30 year fixed, 7.25% Interest

Principal and Interest

$130,978

Property Taxes

$15,754

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 147 West 40th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 147 West 40th Street

This home is within New York City Geographic District # 2.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
P.S. 51 Elias Howe
PublicPK to 5

Middle 297
Public6 to 8

Lower Manhattan Community Middle School
Public6 to 8

Nyc Lab Ms For Collaborative Studies
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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