1 month on rocket

517 W 48th St Unit 2Rw, New York City, NY, 10036

$350,000

Home List Price

$4,156*

Closing Credit

1 Full Bath
Condo

Location

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517 W 48th St Unit 2Rw, New York$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
HeatingNone
MLS #RLMX-103362
StatusActive

About 517 W 48th St Unit 2Rw

Discover charming living at an *exceptional value* and low maintenance with this stunning prewar *HDFC* studio, located in the heart of Midtown West. Situated just one easy flight up, this beautiful residence blends classic elegance with modern conveniences. The inviting foyer opens to a separate windowed kitchen, perfect for culinary creativity, while the gleaming hardwood floors and spacious closet add both style and practicality to this thoughtfully designed home.<br><br>This is an HDFC middle income building which allows an AMI (Area Median Income) up to 130%. This income restriction is based on family size:<br><br>Family Size<br>1 - $141,310<br>2 - $161,590<br>3 - $181,740<br>4 - $201,890<br>5 - $218,010<br><br>Investors and pied--terres are not permitted, as this property must serve as a primary residence. One pet per household is allowed with board approval. No dogs permitted.<br><br>The area surrounding *517 West 48th Street* is a hub for vibrant nightlife, culinary delights, and world-class entertainment. Just steps from your door, you can dine at renowned spots like Aejo for inventive Mexican fare and craft tequila cocktails or Chez Josephine, a French bistro with a charming, old-world ambiance. For something more casual, 5 Napkin Burger is a local favorite for gourmet burgers and craft beers. After dinner, enjoy Hells Kitchens thriving nightlife scene at Bar Nine, a popular live music venue, or sip cocktails with stunning views of the city at Sky Room, one of the highest rooftop bars in Manhattan.<br><br>Broadway enthusiasts will appreciate being walking distance from top shows like Hamilton at the Richard Rodgers Theatre or Moulin Rouge! at the Al Hirschfeld Theatre. For a more intimate theater experience, Playwrights Horizons showcases cutting-edge Off-Broadway productions. The neighborhood is also ideal for outdoor lovers with Hudson River Park just blocks away, offering serene waterfront walks, bike paths, and recreational piers. Additionally, with access to Times Square and Port Authority subway lines A, C, E, 1, 2, 3, N, Q, R, W, 7, and S, you can easily explore all that New York City has to offer.<br><br><br><br><br><br>

Property Details

Property Features

Listing Office:

  • Office Name: MANTUS REAL ESTATE
  • Office Phone: (917) 279-5308
  • Listing Agent: Brett Fischer
  • Agent Phone: (646) 998-7409

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Utilities

Utilities Information:

  • Heating: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000

HOA Fees:

  • Amount: $250
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$856.1K

Med. Price/SqFt

$645

Avg. Days On Market

84

# of Sold Homes

1952

517 W 48th St Unit 2Rw vs New York

54 DAYS ON ROCKET

-30 Days

$350,000

-$506.1K Less

KEY TAKEAWAY

This property is $506.1K less than the Median Sold Price in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RLMX-103362

Listing Office:

  • Office Name: MANTUS REAL ESTATE
  • Office Phone: (917) 279-5308
  • Listing Agent: Brett Fischer
  • Agent Phone: (646) 998-7409

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/24/2024, 8:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1124212
9
/10

  • Success Academy Charter School-Hell's Kitchen

  • 439 W 49th St Fl ST-2nd

  • 0.17 miles

  • Public Charter Grades KG-4

school-card-donut-1124213
7
/10

  • P.S. 51 Elias Howe School

  • 525 W 44th St

  • 0.20 miles

  • Public District Grades PK-5

school-card-donut-1124214
4
/10

  • P.S. 111 Adolph S. Ochs School

  • 440 W 53rd St

  • 0.24 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,093. Most New York, NY residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 517 W 48th St Unit 2Rw

What is the listing price of this property?

The listing price of 517 W 48th St Unit 2Rw property is $350,000.

What type of property is this?

The property 517 W 48th St Unit 2Rw is a condo located in New York City, New York, 10036.

Is this property for sale now?

Active Listing: 517 W 48th St Unit 2Rw is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 517 W 48th St Unit 2Rw has 1 bathroom..

What is the square footage of this property?

The sq. ft. of 517 W 48th St Unit 2Rw is not available (source: MLS/tax record).

Rocket Homes›New York›New York›10036›517 W 48th St Unit 2Rw

This home is located at 517 W 48th St Unit 2Rw in New York City, NY and zip code 10036 in the Hell's Kitchen neighborhood. Features: 1 bathroom. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $350,000.

In October 2024, from all listings sold in New York, NY there were more than 269 sold above asking price, over 833 sold below and more than 850 were sold right at the asked price. The number of listings in New York, NY increased by 1.8% between September 2024 and October 2024. In October 2024 median list price was $856,124 and the average listing age was 84 days.

From Rocket Homes Real Estate and based on county public records data.

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