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Rent/Lease Apartment 541-545 W 49th 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
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
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Clemente Capital Testimonial
Dear Mr. Sunderland,
Thank you for performing an outstanding job of releasing Clemente Capital, Inc. from our lease and giving us an ideal new space for an affordable rent.
You are truly an outstanding professional that one can proudly recommend to people who are looking for real estate services. Most of all, I gained new insights from you and consider you a neat down-to-earth person worth having as a friend.
Again, Leo joins me in sending our thanks and good wishes.
Sincerely,
Lilia C. Clemente