367 West 48th Street

5,700 Sq. Ft.
$702 / Sq. Ft.
5,700
Sq. Ft.
$702
per Sq. Ft.

Description

We are pleased to offer the sale of 367 West 48th Street. This well-maintained building features seven (7) free-market apartments and is fully leased, with long-term management in place.
The property presents multiple value-add opportunities, including potential for an owner-occupant with live-in income, as well as rental upside across the existing units.
Conveniently located near major transportation, retail, and neighborhood amenities, this is a strong investment opportunity with flexible use potential.
...We are pleased to offer the sale of 367 West 48th Street. This well-maintained building features seven (7) free-market apartments and is fully leased, with long-term management in place.

The property presents multiple value-add opportunities, including potential for an owner-occupant with live-in income, as well as rental upside across the existing units.

Conveniently located near major transportation, retail, and neighborhood amenities, this is a strong investment opportunity with flexible use potential.

For more information or to view the offering memorandum, please reach out.

Listing Agents

  1. Shane Boyle

    Shane Boyle

    Listing Agent

    Compass

    shaneboyle@compass.com

    P: (917)-250-0290

  2. Will Ortman

    Will Ortman

    Alternative Listing Agent

    Compass

    will.ortman@compass.com

    P: (609)-651-6649

  3. Francesca Paone

    Francesca Paone

    Alternative Listing Agent

    Compass

Amenities

  • Common Roof Deck
  • Walk Up
  • Dishwasher
  • Stainless Steel Appliances
  • Gas Oven
  • Voice Intercom
  • Midrise
  • Gas Stove
LISTING UPDATED: 04/15/2026 10:47 AM

Property Details for 367 West 48th Street

StatusActive
Days on Market52
Taxes$6,187 / month
Maintenance-
Min. Down Pymt10%
Total Rooms19.0
Property TypeMulti Family
MLS Type-
Year Built1920
Lot Size1,506 SF / 15' x 100'
CountyNew York County

Building

367 W 48th St

7 Units5 StoriesBuilt in 1920
Add your commute

Building Information for 367 West 48th Street

Stories5Residences7Year Built1920Building Size15' x 85'Building Sq. Ft6,375 SFLot Size1,506 SF / 15' x 100'Building AgePre-warBuilding TypeTownhouse

Payment Calculator

$28,841 per month

30 year fixed, 6.46% Interest

Principal and Interest

$22,654

Property Taxes

$6,187

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

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Property History for 367 West 48th Street

DateEvent & SourcePriceAppreciation
Apr 15, 2026

Price Change

Manual

$3,999,000
Mar 19, 2026

Listed (Active)

Manual

$4,500,000
DateEvent & SourcePrice
04/15/2026

Price Change

Manual

$3,999,000
03/19/2026

Listed (Active)

Manual

$4,500,000

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

Public Records for 367 West 48th Street

Taxable ValueLand$266,850Additions$1,734,300Total$2,001,150
Home Facts
Total Finished SqFt5,700 SqFtLot Size1,506 SqFtYear Built1920ZoningR8APN1010390006

Schools near 367 West 48th 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. 111 Adolph S Ochs
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.

Hell's Kitchen
Hell's Kitchen
A beloved neighborhood with a little grit. In Hell’s Kitchen what you see is what you get—and that’s great dining, affordable apartments, and a low-key vibe. Even as luxury high-rises dot the complexion of this classic neighborhood, Hell’s Kitchen maintains its no-frills attitude with ease.

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Similar Homes

367 West 48th Street is a multi-family home for sale in Hell's Kitchen. This property was listed for sale on March 19, 2026 by Compass, it's currently listed at $3,999,000. This listing's school district is New York City Geographic District # 2. Nearby schools include P.S. 111 Adolph S Ochs, Middle 297 and Lower Manhattan Community Middle School. 367 West 48th Street is a 12-bed, 12-bath, 5,700 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.