341-347 W 45th St nyc
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Lease Apartment 341-347 W 45th St

Rent Apartment 341-347 W 45th St Property Overview

Building Address: 341-347 W 45th St, New York NY 10036
Building Name: Sherrie Arts
Zip Code:10036
Neighborhood:Times Square
Borough:Manhattan
Stories:0
Year Built:1931
Building Class:B


341-347 W 45th St, located in Manhattan's Clinton - Hell's Kitchen neighborhood, is a historic building with a rich history.

Year Built and Alterations: The building was constructed in 1939 and underwent significant alterations in 1986.

Building Details: It is a 6-story structure categorized as an "Elevator Apartment - Fireproof without Stores (D3)" and spans 42,396 square feet.

Residential Units and Amenities: The building contains 90 residential units and offers amenities such as a full-time doorman, elevator, laundry facilities, and pet-friendly policies.

Neighborhood and Location: Situated in a picturesque, tree-lined block, this pre-war residence is part of Manhattan's Hell's Kitchen area, offering a charming and historically significant living environment.

Recent Transactions: The property was sold for $40,000,000 on December 31, 2021.

341-347 W 45th St in Manhattan, NYC, is also known as 341 West 45th Street. This residential building is located in the Hell's Kitchen neighborhood, near Times Square. The building features six stories with a total of 90 residential units and was originally constructed in 1931, with later alterations in 1986.


  • 24-hour doorman
  • Elevator access
  • On-site laundry facilities
  • Live-in superintendent
  • Bike storage room
  • Package receiving room
  • Storage space availability
  • Wheelchair accessibility

341-347 W 45th St, Manhattan, NYC

Building Type
0-story office (permitted as 6-story elevator apartment building)
Neighborhood
Hell's Kitchen/Clinton
Purchase Info
Last sale: $40,000,000 (December 2021)
Size
42,396 sqft building on 10,042 sqft lot
Year Built
1939 (altered 1986)

Transportation

  • Subway Access: Multiple lines within 0.5 mile radius
  • Airports: LGA (8.7 miles), EWR (13.8 miles)

  • Verizon Fios - Fiber-optic service with speeds up to 2 Gbps and high customer satisfaction
  • Astound Broadband (RCN) - Offers fiber and cable plans with unlimited data
  • Spectrum - Cable internet up to 1 Gbps with TV/phone bundle options
  • STARRY Internet - Top-rated local provider with high customer satisfaction scores
  • T-Mobile Home Internet - Wireless 5G alternative for broadband

341-347 West 45th Street, Manhattan, NYC, offers convenient access to multiple forms of transportation and cross streets.

Transportation Options:

  • Subway: Nearest stations include 42 Street-Port Authority Bus Terminal (), Times Square-42 Street (Lines 1, 3, A, Q, R, S), and 50 Street (Lines A, C, E).
  • Bus: Routes like M12 and M42 stop nearby.
  • Train: PATH trains also serve the area.

Cross Streets and Nearby: Located near the intersection of West 45th Street and 11th Avenue, this address is close to major attractions like Times Square.

Panelz USA Testimonial

Panelz USA testimonial
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Tenant Representation: Optimal Spaces acts exclusively as a "Tenant Broker," only representing tenants, never landlords.
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Unbiased Service: Avoiding conflicts of interest, they provide impartial service, showing a wider range of properties and negotiating the best price.
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Comprehensive Process: Agents guide clients end-to-end, offering market surveys, floor plans, pricing expectations, and industry contacts.
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Cost Savings: They negotiate rental price and identify/abate "hidden costs."

Why Optimal Spaces –
Tenant Broker

  • No fee for clients renting space.
  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
  • Save 100–200 hours of research.
  • Access to all available spaces.
  • Specialized real estate expertise.

Alone or with other broker

  • Miss deals and hard-to-find spaces.
  • Potential conflict of interest (often represent landlords).
  • Only 10% of available spaces are online.
  • Lack of specialized expertise.
  • May not get the best terms or uncover hidden costs.
Why Use a Tenant Broker: Your Advocate in Commercial Real Estate
1. The Crucial Distinction: Whose Side Are They On?
Landlord Rep (Listing Agent) — Fiduciary Duty: Landlord. Highest rent, best terms for landlord.
Tenant Rep (Tenant Broker) — Fiduciary Duty: Tenant Only. Lowest rent, best terms for tenant. Levels the playing field.
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
Landlord pays the broker fee — free expert representation for the tenant.
Access to hidden inventory: off-market listings, subleases, and future availabilities via broker databases and networks.
Negotiating beyond base rent: free rent, TI allowance, OPEX caps, and lease flexibility for renewal or expansion.
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
Tenant broker handles searching, scheduling, and RFPs — your outsourced real estate department with curated options and timeline management.
Mitigating risk: spotting pitfalls in LOI and lease such as restoration clauses and holdover penalties.
Summary: Don’t rely on the landlord’s agent. A tenant broker is your advocate, provides better data, negotiates a complete package, and typically costs you nothing.
Commercial space for lease
Optimal Spaces negotiates tenant deals, typically securing 15-20% savings. We find the perfect commercial space in New York, offering a wide range of options: office, educational, industrial, retail, medical, and loft spaces.
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