541-545 W 49th St nyc
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Lease Apartment 541-545 W 49th St

Rent Apartment 541-545 W 49th St Property Overview

Building Address: 541-545 W 49th St, New York NY 10019
Zip Code:10019
Neighborhood:Hell'S Kitchen
Borough:Manhattan
Stories:0
Year Built:1910
Building Class:B


541-545 West 49th Street, Manhattan

  • Built: 1910 (6 stories, 66 units)
  • Location: Hell's Kitchen neighborhood
  • Lot Area: 7,531 sq ft
  • Building Area: 30,618 sq ft
  • Purchase History: Sold for $9.5M in 2022
  • Construction: Old Law Tenement (C1 class)
  • Alterations: Last major modification in 1959
  • Compliance: 203 HMC violations and 68 ECB violations as per housing records

Designated as high-risk for maintenance issues with historical tenant disputes logged through NYC's housing database.

541-545 West 49th Street, Manhattan, NYC

This multifamily property is located in the Hell's Kitchen neighborhood of Manhattan. It consists of two adjacent buildings, 541 and 545 West 49th Street.

Property Details:

  • Type: Multifamily
  • Size: Approximately 30,618 square feet
  • Stories: 6
  • Units: 66 Apartments

The property was built in 1910 and features small but efficient units, averaging between 375 to 400 square feet. All units are 100% rent-stabilized.

The property has been sold recently for $9.5 million, which translates to approximately $310 per square foot.


Building Amenities at 541-545 W 49th St, Manhattan

  • Location: Situated in the Hell's Kitchen area of Manhattan, near public transportation.
  • Interior Features:
    • Hardwood floors throughout
    • Lots of closets
    • Lots of windows
  • Proximity to Amenities:
    • Close to De Witt Clinton Park
    • Near various shopping centers
    • Access to several parks including Damrosch Park and Bryant Park

541-545 W 49th Street, Manhattan, NYC Office Space

Located in the Hell's Kitchen neighborhood of Manhattan, 541-545 W 49th Street is a building that offers office spaces for rent. The building is primarily residential, but it also includes office spaces. Current office leasing options are not detailed here, but the building provides a variety of Class A, Class B, and Class C office spaces.

Office Space Details

  • Location: 541-545 W 49th Street, New York, NY 10019
  • Neighborhood: Clinton - Hell's Kitchen
  • Borough: Manhattan
  • Year Built: 1910
  • Building Class: Over Six Families without Stores (C1)
  • Stories: 6

Office spaces at this location are ideal for businesses seeking convenient access to central Manhattan amenities.


Internet Service Providers Near 541-545 West 49th St, Manhattan

  • Verizon Fios (Fiber: 300 Mbps–2 Gbps plans, $49.99+/mo)
  • Astound Broadband/RCN (Fiber/Cable: Unlimited data, low-cost plans)
  • Spectrum (Cable: Up to 1 Gbps, $30+/mo with TV/phone bundles)
  • T-Mobile Home Internet (Wireless: $50/mo, 57% coverage)
  • Starry Internet (Fixed Wireless: $30/mo, 37% coverage)

Specific building availability may vary. Check provider websites for serviceability.

541-545 West 49th Street, located in Manhattan's Hell's Kitchen, offers convenient access to various transportation options. The closest subway stations include:

  • 50 Street (A, C, E Line): Approximately 0.5 miles away, accessible within a 9-minute walk.

Bus routes nearby include:

  • M104
  • M20
  • M50

Nearest cross streets are:

  • West 49th Street & 8th Avenue
  • West 49th Street & 7th Avenue
  • West 49th Street & 10th Avenue
  • West 49th Street & 11th Avenue

Vaultus Professional Service Testimonial

Vaultus Professional Service 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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