SOLD FOR $6,850,000
Listed at $7,295,000 · Sold 6.1% below asking · Closed November 1, 2018
$6,850,000
Listed at $7,295,000 $-445,000 vs asking
460 W 51ST Street
MLS® #RLS10420336
Listing by LG Fairmont Group
Studio
Bedroom
0
Bath
N/A
Sq. Ft.
N/A
Year Built
Sale Details
Property Summary
Description
DRAMATIC PRICE REDUCTION!!! Great investment opportunity! Seller wants to make a deal!!! Next door building which was smaller in size, one less bedroom on each floor with less income sold for 7mm!!! This is a fantastic deal!!! Five story walk-up in the heart of Hell's Kitchen, one of Manhattan's hottest neighborhoods. Building is almost 21 feet wide and consists of five units. Turnkey opportunity renovated to perfection. Owner will enjoy reduced monthly expenses as there are separate electric heating systems installed in each unit which tenants are in charge of paying. Very large backyard with a potential to build on. Please consult an architect. This is a great opportunity for a primary residence who can have a solid from the other units, with potential for increased rents as the neighborhood appreciates. A 1031 exchange or a potential developer will find great upside here. Next to the E, C, B, D, A and 1 trains. There are over 8,500 SF of air rights.
Property Details
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Listing courtesy of Hillel Fried at LG Fairmont Group. 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 advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. 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.