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Rent/Lease Apartment 341-347 W 45th St

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 341-347 W 45th St. This trend is projected to continue. Opportunities for subleases remain available at 341-347 W 45th St and in the nearby Times Square neighborhood.

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.

Nearby Office Tenants Leased
  • Perry Ellis International leased 96,350 SF at 1120 Sixth Ave
  • W. W. Norton & Company leased 95,000 SF at 500 Fifth Avenue
  • American Society of Composers, Authors and Publishers leased 85,400 SF at 250 West 57th Street
  • Spring Global leased 80,000 SF at 104 West 40th St
  • Complex Networks leased 80,000 SF at 229 West 43rd Street
  • Kasper leased 77,413 SF at 1412 Broadway
  • Morgan Stanley DW leased 75,440 SF at 1221 Avenue of the Americas
  • Times Square Grey Entert… leased 70,500 SF at 1500 Broadway
  • Ion Media Networks, Inc. leased 68,786 SF at 810 Seventh Ave
  • Nixon Peabody LLP leased 66,297 SF at 55 West 46th Street

Nearby Retail Tenants Leased
  • Pret A Manger leased 3,889 SF at 1071 Avenue of the Americas
  • PF Chang's To Go leased 3,800 SF at 240 West 40th Street
  • Ricky's leased 3,500 SF at 550 Fifth Ave
  • Fossil leased 3,241 SF at 1585 Broadway
  • Pringles leased 3,215 SF at 1450 Broadway
  • Bobby Van's Steakhouse leased 3,150 SF at 120 West 45th St
  • Princi leased 2,864 SF at 1633 Broadway
  • Satya Eastern Kitchen leased 2,700 SF at 750 Eighth Ave
  • Dos Toros leased 2,600 SF at 114 West 41st Street
  • Starbucks leased 2,600 SF at 1700 Broadway
Nearby Office Tenants Leased
  • Perry Ellis International leased 96,350 SF at 1120 Sixth Ave
  • W. W. Norton & Company leased 95,000 SF at 500 Fifth Avenue
  • American Society of Composers, Authors and Publishers leased 85,400 SF at 250 West 57th Street
  • Spring Global leased 80,000 SF at 104 West 40th St
  • Complex Networks leased 80,000 SF at 229 West 43rd Street
  • Kasper leased 77,413 SF at 1412 Broadway
  • Morgan Stanley DW leased 75,440 SF at 1221 Avenue of the Americas
  • Times Square Grey Entert… leased 70,500 SF at 1500 Broadway
  • Ion Media Networks, Inc. leased 68,786 SF at 810 Seventh Ave
  • Nixon Peabody LLP leased 66,297 SF at 55 West 46th Street
Nearby Retail Tenants Leased
  • Pret A Manger leased 3,889 SF at 1071 Avenue of the Americas
  • PF Chang's To Go leased 3,800 SF at 240 West 40th Street
  • Ricky's leased 3,500 SF at 550 Fifth Ave
  • Fossil leased 3,241 SF at 1585 Broadway
  • Pringles leased 3,215 SF at 1450 Broadway
  • Bobby Van's Steakhouse leased 3,150 SF at 120 West 45th St
  • Princi leased 2,864 SF at 1633 Broadway
  • Satya Eastern Kitchen leased 2,700 SF at 750 Eighth Ave
  • Dos Toros leased 2,600 SF at 114 West 41st Street
  • Starbucks leased 2,600 SF at 1700 Broadway

Media Bistro Testimonial

Media Bistro testimonial To Whom It May Concern: We were very happy with the services of Optimal Spaces Inc., mainly because of Stephen Sunderland's understanding of the intricacies of the real estate contract process. He was extremely knowledgeable, courteous and helpful in navigating this very difficult decision. We are thrilled with our space and feel very fortunate to be here. Yours, Laurel Touby Founder and CEO Mediabistro.com Inc
🤝
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

✓
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  • We work for YOU, not the landlord.
  • Save 15–20% on your business costs.
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  • Access to all available spaces.
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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?
2. It Almost Always Costs You Nothing
3. Access to “Hidden” Inventory
4. Negotiating Beyond Base Rent
5. Time Savings & Process Management
6. Mitigating Risk (the “Gotchas”)
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.