Expert Tenant Broker
We represent you, not the landlord
Rent/Lease Apartment 341-347 W 45th St
Why Optimal Spaces Tenant Broker
- Lease negotiation: full terms, renewals, expansion options
- Cost analysis, inventory identification, negotiating scope
- Risk mitigation against hidden pitfalls
Cost Savings
- Negotiate 30+ leasing points to prevent hidden costs
- Save 10–15% on total leasing costs
- Save 100–200 hours filtering unviable spaces
- Property access via broker databases and networks (off-market, subleases, future availability)
Alone or With Other Brokers
- Managing agents owe fiduciary duty to landlords, seeking maximum price and terms rather than tenant savings.
- Inherent conflict of interest as most brokers represent landlords
- Risk of weaker terms and overlooked hidden costs
- Heavy workload falls on you while best spaces are missed
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.
- 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
- 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
Vaultus Professional Service Testimonial
To whom it may concern:
I have had the opportunity to work with "Optimal Spaces" (specifically, Stephen Sunderland) over the last 18 months. Steve was hired to find a reasonably priced lease for corporate office space that would support our highly professional environment. I considered this to be a significant challenge since Manhattan was experiencing a severe shortage in available professional spaces. Honestly, I was expecting to be "sold" a space that would not meet all of our needs. However, in a short period of time, Stephen found a tower-floor space that exceeded my expectations and that was approximately 25% below the current market rates for comparable space.
The most important aspect of working with Stephen is the level to which I can trust him to act in my best interest. I believe that Stephen possesses extensive knowledge of the real estate market and negotiation, is responsive, and performs his work in a highly professional manner. I am impressed by Stephen's sincere desire to understand his clients' needs. It is clear to me that Stephen is most interested in building mutually beneficial business relationships with his clients -- not the commissions they represent.
I am happy to recommend "Optimal Spaces" to other growing businesses, and I look forward to working with "Optimal Spaces" again. Sincerely,
Joseph J. Tutrone
Vice President
Vaultus Professional Service