428 W 44th Street, Manhattan, NY 10036
Local realty services provided by:CENTURY 21 Awaye Realty
428 W 44th Street,Manhattan, NY 10036
$3,550,000
- 6 Beds
- 6 Baths
- 4,032 sq. ft.
- Multi-family
- Active
Listed by: wolf jakubowski, gregory klein
Office: brown harris stevens residential sales llc.
MLS#:RLS20050253
Source:NY_REBNY
Price summary
- Price:$3,550,000
- Price per sq. ft.:$880.46
About this home
20' wide four-story 6-unit brick building fully deregulated since 2015, can be delivered vacant.<br> Located on what is widely regarded as the best block in Clinton. Set between Actors Studio and New Dramatists, the house is mid block among a row of well maintained brownstone houses, several single family. This entire building was gut renovated in 1968 when new electric, plumbing and structural work was done but much of the original period character and detail was retained. New Weil McLain 355,000 BTU gas fired steam boiler in 2023 and new AO Smith hot water tanks in 2022. All of the apartments were renovated and new appliances installed within the past ten years.<br> <br> Suitable for conversion to a single family. We have plans drawn to combine the Garden and Parlor floors into a 3 Bedroom apartment. The current configuration is: Parlor and Garden apartments are each floor-thru one bedrooms and share a bright south facing landscaped garden. The 3rd and 4th floors each have two studio rental apartments. The building can be delivered entirely VACANT. The building has significant unused FAR which may be used to add a fifth floor and extend the rear. (Check with your architect.) This building is in the Special Clinton Zoning District which is intended to preserve the low rise character of the neighborhood. Within walking distance are Midtown offices, Broadway theatres, Hudson Yards, Manhattan West offices, Hudson River Park, subways A,C,E,7,N, Q,R,1,2,3. Owner/Broker<br> <br> RENT ROLL & EXPENSES:<br> Garden Unit - Floor Through 1 Bedroom plus 800 sq ft garden <br> Rent: $4,695; Market Value: $4,695; Lease Expires: VACANT<br> <br> Parlor Unit - Floor Through 1 Bedroom <br> Rent: $4,860; Market Value: $4,990; Lease Expires: 3/31/26<br> <br> Unit 2F - Studio<br> Rent: $3,440; Market Value: $3,550; Lease Expires: 4/30/26<br> <br> Unit 2R - Studio<br> Rent: $3,395; Market Value: $3,350; Lease Expires: 4/30/26<br> <br> Unit 3F - Studio<br> Rent: $3,425; Market Value: $3,425; Lease Expires: 6/30/26<br> <br> Unit 3R - Studio<br> Rent: $2995; Market Value: $2995 LXP 4/30/26<br> <br> Monthly Projected Rents: $23,570<br> Annual Projected Rents: $282,840Estimated Expenses (Annual):<br> <br> Real Estate Taxes: $52,644<br> Water/Sewer: $1,800<br> Insurance: $12,917<br> Heat/Electric: $9,400<br> Super/Cleaning: $6,900<br> Repair, Replacements:$7,000<br> Legal, Accounting: $2,000<br> Cable: $1,200<br> Other: $3,000<br> Total: $96,861<br> <br> Nominal NOI: $185,979<br> Vacancy: $15,000<br> Effective NOI: $170,979...
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Home facts
- Year built:1901
- Listing ID #:RLS20050253
- Added:250 day(s) ago
- Updated:May 31, 2026 at 10:33 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:14
- Basement:Yes
- Living area:4,032 sq. ft.
Heating and cooling
- Cooling:Wall Units
Structure and exterior
- Year built:1901
- Building area:4,032 sq. ft.
Finances and disclosures
- Price:$3,550,000
- Price per sq. ft.:$880.46
- Tax amount:$52,644
Features and amenities
- Appliances:WasherDryerAllowed
- Laundry features:Washer Dryer Allowed
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