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30025452
30025453

447 W 47th St, New York, NY 10036

RS
10401285108
Corcoran
Listed by Corcoran
$6,150,000
99 days on market
Updated 99 days ago

447 West 47th Street, New York, NY

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,686
Cap Rate 6.3%
NOI $387,190
Occupancy 100%
Pro-Forma Cap Rate 6.69%
Pro-Forma NOI $411,631
Price per SqFt $800
Broker Co-Op Yes
Class B
Stories 7

Free Market Multifamily | 6.30% CAP

Marketing description

Prime and 100% Free Market Investment opportunity - 100% Occupied - Very well maintained
Raphael Sitruk is pleased to present 477 West 47th Street — a 10-unit residential building ideally located in the heart of Hell’s Kitchen.
Each residence within the building is designed with comfort and functionality in mind, featuring open layouts, abundant natural light, and private outdoor spaces in select units. Many apartments offer spacious living and dining areas, efficiently designed kitchens with full-size appliances, and bedrooms that easily accommodate king-sized beds
with ample storage.
The building sits on a quiet, tree-lined block just moments from the Hudson River Greenway, Broadway theaters, and some of Manhattan’s best dining, shopping, and nightlife options. Shared laundry facilities are available in the basement, and residents enjoy the charm and convenience of a boutique property with just 10 homes.

Investment highlights

100% Free Market Investment opportunity

100% Occupied

Very well maintained

Listing Contacts

RS
10401285108
Corcoran
Listed by Corcoran

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$387,190.00
$32,265.83/mo

Valuation Metrics

0
DSCR
6.3%
Cap Rate
6.3%
ROI

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