367 W 48th Street, New York City, NY 10036 - Photo 1

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$4,500,000 Just Listed

For Sale
Active
Multi-Family
12 Total Beds
Updated 17 hours ago

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Property Description

We are pleased to offer the sale of 367 West 48th Street. This well-maintained building features seven (7) free-market apartments and is fully leased, with long-term management in place. The property presents multiple value-add opportunities, including potential for an owner-occupant with live-in income, as well as rental upside across the existing units. Conveniently located near major transportation, retail, and neighborhood amenities, this is a strong investment opportunity with flexible use potential. For more information or to view the offering memorandum, please reach out.

Full Property Details

Full Property Details for 367 W 48th St

General

Price: $4,500,000
Taxes: $74,244
Status: Active
Type: Multi-Family
Source: REBNY
MLS ID: RLS20078229
Updated: 3/20/2026
Added to Site: 5 day(s) ago

Interior

Number of Rooms: 19
Appliances: Dishwasher, Gas Cooktop, Gas Oven, Stainless Steel Appliance(s)
Furnishings: Unfurnished

Rooms

Bathrooms

Total Bathrooms: 12
Full Bathrooms: 12

Bedrooms

Total Bedrooms: 12

Other Rooms

Laundry: See Remarks

Exterior

Exterior Features: Building Roof Deck

Location

County: New York
Subdivision: Hell's Kitchen

Community

Pets Allowed: Yes

Structural Information

Structure Type: Multi Family
Stories/Levels: 5
Square Feet: 5,700
Living Area: 5,700 Sq. Ft.
Year Built: 1920

Lot Features

Lot Dimensions: 15.000000 x 100.420000

Financial Considerations

Assoc Fee Freq.: Monthly
Tax Amount: $74,244

Disclosures and Reports

Property ID: 1039-0006
Block: 1039
Lot Number: 6

Listing Courtesy of Compass

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Schools

Schools serving 367 W 48th St

School District:New York City Geographic School District 02

Name	Grades	Distance
Ps 111 Adolph S Ochs 440 West 53rd Street, New York, NY 10019	PK-5	0.3 mi
Middle 297 75 Morton St, New York, NY 10038	6-	2.4 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 367 W 48th St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/19/2026

Listed

$4,500,000

20%

MLS

7/14/2005

Sold

$3,750,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 367 W 48th St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$72,296

8%

$578,365

8%

2024

$66,951

8%

$535,523

8%

2023

$61,992

10%

$495,858

-70%

2022

$56,321

—

$1,628,100

3%

2021

$56,321

1%

$1,581,750

-5%

2020

$55,492

7%

$1,661,850

-3%

2019

$51,954

8%

$1,706,400

347%

2018

$48,106

7%

$381,429

8%

2017

$44,920

-1%

$353,176

—

2016

$45,531

3%

$353,176

3%

2016

$44,089

14%

$342,228

8%

2014

$38,568

—

$316,878

8%

2014

$38,568

—

$293,407

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 367 W 48th St

367 W 48th Street, New York City, NY 10036 (MLS# RLS20078229) is a Multi-Family property with 7 units containing 12 bedrooms and 12 full bathrooms. 367 W 48th Street is currently listed for $4,500,000 and was received on March 19, 2026. Want to learn more about 367 W 48th Street? Do you have questions about finding other Multi-Family real estate for sale in New York City? You can browse all New York City real estate or contact a Coldwell Banker agent to request more information.

367 W 48th St New York City, NY 10036