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351 W 47th Street, Manhattan, NY 10036

Manhattan
Local realty services provided by:CENTURY 21 Awaye Realty
351 W 47th Street,Manhattan, NY 10036
$3,995,000
  • 18 Beds
  • 10 Baths
  • 8,165 sq. ft.
  • Multi-family
  • Active
Listed by: jess prichard, preeti chawla
Office: platinum forbes global properties
MLS#:RLS20099602
Source:NY_REBNY

Price summary

  • Price:$3,995,000
  • Price per sq. ft.:$489.28

About this home

<p>351 West 47th Street in Midtown West, Manhattan. A rare, turnkey value-add opportunity with all major capital improvements already complete. Strong in-place NOI delivers an immediate return on investment, with one vacant unit poised to increase income by almost a third upon lease-up. The coveted Tax Class 2B designation further positions this asset for meaningful long-term appreciation as Manhattan's rental market continues its upward trajectory.</p> <p>Extensive mechanical upgrades have been completed across two years, significantly reducing short-term capital expenditure requirements:</p> <p>2026 Improvements</p> <p> Complete basement renovation</p> <p> Onsite laundry facilities</p> <p> 30-amp electrical breaker upgrade</p> <p> Superintendent's office</p> <p> New hallway flooring and freshly painted common areas</p> <p>Prior Improvements</p> <p> New boiler and intercom system (2024)</p> <p> Full heating system conversion to natural gas with new gas line (2024)</p> <p> Electrical...

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Home facts

  • Year built:1920
  • Subdivision & Development:Hell's Kitchen
  • Listing ID #:RLS20099602
  • Added:46 day(s) ago
  • Updated:August 09, 2026 at 11:32 AM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:10
  • Full bathrooms:10
  • Rooms Total:39
  • Basement:Yes
  • Living area:8,165 sq. ft.

Structure and exterior

  • Year built:1920
  • Building area:8,165 sq. ft.
  • Levels:1 Story

Finances and disclosures

  • Price:$3,995,000
  • Price per sq. ft.:$489.28
  • Tax amount:$55,404
MLS LogoThis 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. RLS Data display by Coldwell Banker Warburg This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. NY_REBNY Member Broker: Arlene Waye

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