New York City  »  10018  »  W 38th St  »  45 W 38th St

Archer Hotel 45 West 38th Street - 45 West 38th Street, New York, NY 10018 - Property report

Also known as: 43-47 W 38th St

Property image for Archer Hotel 45 West 38th Street - 45 West 38th Street, New York, NY 10018
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Property type

Boutique 10-100 Rooms, with Luxury Facilities, Themed, Stylish, with Full Service Accommodations (HB)

Year built

2012

Lot sq. ft.

6,024

Sale price

$15,640,000

General information

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Address
Building name
Archer Hotel 45 West 38th Street
Primary address
Archer Hotel 45 West 38th Street - 45 West 38th Street
Alternate address(es)
43-47 W 38th St
45-47 W 38th St
ZIP code
10018
Neighborhood
Garment District
Borough
Manhattan
Block & lot
00840-0016

Owner

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Building
Property type
Boutique 10-100 Rooms, with Luxury Facilities, Themed, Stylish, with Full Service Accommodations (HB)
Building sq. ft.
76,000
Building dimensions
40 ft x 60 ft
Buildings on lot
1
Stories
22
Year built
2012
Building material
Sales
Sale date
08/24/2011
Sale price
$15,640,000
Tax
Tax year
2026-2027
Property tax
$1,597,421
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
61 ft x 98.75 ft
Lot sq. ft.
6,024

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
87 /100.  Very Bikeable
School district
2
Community district
5
Closest police station
0.53 Miles
Closest fire station
0.24 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for Archer Hotel 45 West 38th Street - 45 West 38th Street, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for Archer Hotel 45 West 38th Street - 45 West 38th Street, New York, NY 10018

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/26/2024 - R Initial UCC1
(2024062500255004)
XXXXXXXXX XX XXXXX XXXXXXXXXX XX XXXXXXX XXXXXXX XXXXXXX XXXX
06/26/2024 - R
06/20/2024 - D
Termination of Assign of L&R
(2024062500255005)
XXXXXX XXXXXXX XXXXXXXXXXX XXXXXXXXX XX XXXXX XXXXXXXXXX XX
06/26/2024 - R
06/20/2024 - D
Assignment of Leases and Rents
(2024062500255003)
XXXXXXXXX XX XXXXX XXXXXXXXXX XX XXXXXXX XXXXXXX XXXXXXX XXXX
06/26/2024 - R
06/20/2024 - D
Mortgage and Consolidation
(2024062500255002)
XXXXXXXXX XX XXXXX XXXXXXXXXX XX XXXXXXX XXXXXXX XXXXXXX XXXX
06/26/2024 - R
06/20/2024 - D
Assignment, Mortgage
(2024062500255001)
XXXXXX XXXXXXX XXXXXXXXXXX XXXXXXX XXXXXXX XXXXXXX XXXX
12/06/2021 - R UCC3 Continuation
(2021120601488001)
XXXXXXXXX X X XXXXX XXXXXXXXXX X X XXXXXX XXXXXXX XXXXXXXXXXX
12/21/2016 - R Initial UCC1
(2016121901013007)
XXXXXXXXX X X XXXXX XXXXXXXXXX X X XXXXXX XXXXXXX XXXXXXXXXXX
12/21/2016 - R
12/15/2016 - D
Assignment of Leases and Rents
(2016121901013006)
XXXXXXXXX X X XXXXX XXXXXXXXXX X X XXXXXX XXXXXXX XXXXXXXXXXX
12/21/2016 - R
12/15/2016 - D
Mortgage
(2016121901013005)
XXXXXXXXX X X XXXXX XXXXXXXXXX X X XXXXXX XXXXXXX XXXXXXXXXXX
12/21/2016 - R
12/15/2016 - D
Mortgage
(2016121901013004)
XXXXXXXXX X X XXXXX XXXXXXXXXX X X XXXXXX XXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Archer Hotel 45 West 38th Street - 45 West 38th Street, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$1,597,421
Municipal exemptions
Recent tax assessments
Market value
$37,166,000
Assessed value
$16,724,700

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $34,771,000 $15,646,950 $13,932,550 10.848% $1,511,403 $1,511,403 -3.70%
2024/25 $32,657,000 $14,695,650 $14,583,700 10.762% $1,569,498 $1,569,498 +7.37%
2023/24 $30,667,000 $13,800,150 $13,800,150 10.592% $1,461,712 $1,461,712 +2.70%
2022/23 $29,709,000 $13,369,050 $13,369,050 10.646% $1,423,269 $1,423,269 +1.28%
2021/22 $29,035,000 $13,065,750 $13,065,750 10.755% $1,405,221 $1,405,221 -29.39%
2020/21 $42,006,000 $18,902,700 $18,609,650 10.694% $1,990,116 $1,990,116 +3.39%
2019/20 $42,859,000 $19,286,550 $18,266,910 10.537% $1,924,784 $1,924,784 -1.33%
2018/19 $48,290,000 $21,730,500 $18,552,819 10.514% $1,950,643 $1,950,643 +4.39%
2017/18 $46,050,000 $20,722,500 $17,772,575 10.514% $1,868,609 $1,868,609 +3.03%
2016/17 $40,525,000 $18,236,250 $17,152,196 10.574% $1,813,673 $1,813,673 +2.37%

Permit information for Archer Hotel 45 West 38th Street - 45 West 38th Street, New York, NY

Filing date Job type Job status Job description Initial cost
08/17/2026 Alteration
07/14/2026 Alteration
07/02/2026 Alteration
08/26/2024 Alteration
07/31/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
02/22/2023 Fispnrf-no report and / OR late filing (facade) facade required
06/20/2021 Earcx-failure to submit eer none
04/29/2021 Egrade-failure to post energy grade/score none

*Most recent DOB violations on record for this property.

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
6th Ave & 40th St at SE Corner
Station lines
B-D-F-M-7
Distance (miles)
0.095

Access the detailed traffic volume map for Archer Hotel 45 West 38th Street - 45 West 38th Street, New York, NY 10018 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for Archer Hotel 45 West 38th Street - 45 West 38th Street, New York, NY 10018?

The development at Archer Hotel 45 West 38th Street - 45 West 38th Street, New York, NY 10018 was built in 2012.

What is the market value of Archer Hotel 45 West 38th Street - 45 West 38th Street, New York, NY 10018?

The current market value of Archer Hotel 45 West 38th Street - 45 West 38th Street, New York, NY 10018 is $37,166,000.

What is the total square footage of Archer Hotel 45 West 38th Street - 45 West 38th Street, New York, NY 10018?

Archer Hotel 45 West 38th Street - 45 West 38th Street, New York, NY 10018 has a total of 76,000 square feet.

What is the price per square foot for this property?

$205 per square foot is the price for Archer Hotel 45 West 38th Street - 45 West 38th Street, New York, NY 10018.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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