540 W 49th St #405S New York City, NY 10019

Investment Opportunity - tenant in place until January 31st, 2027 paying $3,850 per month. 5.5% cap rate. Welcome to Residence 405S at 540WEST - a beautifully designed 577 SF loft-style studio offering soaring 10' ceilings, wide-plank white oak floors, floor-to-ceiling south-facing windows, central air, and an in-unit washer/dryer. A gracious foyer sets the tone as you enter the home, creating a true sense of arrival. Just off the hallway is a large storage closet with a washer/dryer tucked neatly inside. The sleek Pullman kitchen is outfitted with Silverstone quartz countertops, imported Italian cabinetry, a Bertazzoni gas range and oven, an ultra-quiet integrated dishwasher, and a Liebherr refrigerator-perfect for both everyday cooking and entertaining. The expansive main living area easily accommodates distinct zones for dining, lounging, sleeping, and even a home office. Built-in closets on the left provide excellent storage, while the massive south-facing windows bathe the entire space in natural light. Double-paned glass ensures exceptional tranquility. The spa-like bathroom features a floor-to-ceiling glass shower with both rain-head and handheld fixtures, a floating vanity, imported Italian porcelain tile, and heated floors for year-round comfort. The home is complete with individually controlled central heating and cooling. 540WEST is a full-service boutique condominium in the heart of Hell's Kitchen. This unique two-tower, seven-story development is centered around a stunning 6,000 SF landscaped courtyard - complete with lounge areas, dining spaces, a reflection pool, and open-air movie nights. Building amenities include a 24-hour attended lobby with a fireplace and intimate lounge, a fitness center, two beautifully landscaped roof decks with BBQ grills, a pet spa, bike storage, and more. Perfectly positioned near the neighborhood's best dining on 9th and 10th Avenues, moments from Columbus Circle and Central Park, the Hudson River Greenway, and multiple subway lines (1/A/C/E/B/D/R), this location offers both convenience and lifestyle. Residence 405S delivers style, light, and luxury living in one of Manhattan's most vibrant neighborhoods.