About this home

This is a RARE Investment OPPORTUNITY to own a fully occupied rental building. The building, which is well run, is in walking distance to the Hudson Yards, with all its amenities, shopping and restaurants. The building is nestled between many new buildings on 36th street and just around the corner from the long-established Glass Farmhouse Condo along with the Baryshnikov Arts Center on West 37th. The property is a 25 ft wide, 6 story fully occupied building that was built in 1900. It currently has 24 rental apartments. Each apartment is a studio and 2 of the ground floor units share outdoor space. Several units have been renovated; The basement is well maintained with all updated utilities. This could also be a great New Development opportunity. There is only one rent stabilized apartment and the remaining 23 apartments command fair market rent. Zoning permits the add on of more floors to the building. There is 6,639 ft of unused buildable area. The Zoning is: R8A Building sqft: 8,214 Lot dimensions: 25' x 98.75' Building dimensions: 25' x 51. Rent Roll, Income and Expenses available upon request.

Facts and features

Schools

• P.S. 51 Elias Howe

  elementary · K-5 · 0.4 mi

  6

• The Clinton School

  middle · 6-12 · 1.4 mi

  7

• Think Global School

  high · 10-12 · 0.4 mi

• Middle 297

  middle · 6-8 · 1.8 mi

  4

• Success Academy Hudson Yards Elementary School

  elementary · K-4 · 0.2 mi

  10

• Holy Cross School

  elementary · K-8 · 0.4 mi

Price history

• Jul 30, 2025 · Listed$12,998,000
• Oct 15, 2024 · Listing Removed—
• Sep 14, 2017 · Listing Removed$2,000
• Sep 14, 2017 · Listing Removed$2,000
• Aug 30, 2017 · Listed For Rent$2,000
• Aug 18, 2017 · Listed For Rent$2,000
• Nov 16, 2016 · Sold$7,950,100
• Sep 10, 2014 · Listing Removed$2,150

Tax history

• 2026$168,733 tax · $1,508,850 assessed
• 2025$165,341 tax · $1,508,850 assessed
• 2024$164,332 tax · $1,448,100 assessed
• 2023$145,455 tax · $1,185,750 assessed
• 2022$155,097 tax · $1,303,200 assessed
• 2021$146,288 tax · $1,287,900 assessed
• 2020$136,549 tax · $1,406,700 assessed
• 2019$120,034 tax · $1,335,150 assessed

Where it is