| Building name | Best Western President Hotel |
| Primary address | Best Western President Hotel - 234 West 48th Street |
| Secondary address | 234-242 W 48th St |
| Neighborhood | Theatre District - Times Square |
| Zip code | 10036 |
| Borough | Manhattan |
| Block & lot | 01019-0055 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 03/09/2006 |
| Purchase price | $14,000,000 |
| Tax class | Register |
| Estimated property tax | $2,336,252 |
| Lot sq. ft. | 9,550 |
| Lot dimensions | |
| Property type | Full Service Hotel (H2)
|
| Building sqft | 117,102 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 16 |
| Year built | 1927 |
| Year last altered | 1989 |
| Construction type | Register |
| School district | 2 |
| Community district | 5 |
| Closest police station | 0.28 Miles |
| Closest fire station | 0.01 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
You will find all alternate addresses for the property in this section.
This Full Service Hotel (H2) located at Best Western President Hotel - 234 West 48th Street, New York, NY 10036 has a total of 117,102 square feet and a current price per square foot of $119.
What is the year built & the current market value of Best Western President Hotel - 234 West 48th Street, New York, NY 10036?Best Western President Hotel - 234 West 48th Street, New York, NY 10036 was built in 1927 and has a current tax assessor's market value of $50,742,000.
How many commercial spaces does this building have?This building has 3 commercial spaces available for lease. There are 1 active listings at this address.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
| Listing type | For Lease |
|---|---|
| Listing date | 05/16/2025 |
| Last updated | 06/04/2026 |
| Lot size | 0.219 Acre |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Ground Floor | Retail | Listing price not available | 2,900 | David Green Albert J. Manopla |
Create a free account to view the complete sales history for 234 West 48th Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 03/09/2006 | $14,000,000 | Register | Register |
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for Best Western President Hotel - Best Western President Hotel - 234 West 48th Street, New York, NY 10036. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $2,230,263 |
| Estimated property tax: | $2,336,252 |
| Tax assessor's market value: | $50,742,000 |
| Assessed value: | $22,833,900 |
Here's the assessment & property tax history for 234 West 48th Street, New York, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $50,742,000 | $22,833,900 | $20,559,208 | 10.848% | $2,230,263 | $2,230,263 | -0.22% |
| 2024/25 | $51,177,000 | $23,029,650 | $20,768,580 | 10.762% | $2,235,115 | $2,235,115 | +3.96% |
| 2023/24 | $45,108,000 | $20,298,600 | $20,298,600 | 10.592% | $2,150,028 | $2,150,028 | +4.61% |
| 2022/23 | $42,901,000 | $19,305,450 | $19,305,450 | 10.646% | $2,055,258 | $2,055,258 | +4.65% |
| 2021/22 | $40,579,000 | $18,260,550 | $18,260,550 | 10.755% | $1,963,922 | $1,963,922 | -19.97% |
The complete history of permits filed for 234 West 48th Street, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.
Check out recently sold homes in Manhattan and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | 8th Ave & 49th St at SW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | C-E | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.083 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Here are the neighbors for Best Western President Hotel - Best Western President Hotel - 234 West 48th Street, New York, NY 10036.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 244 W 48th St, New York | 4,466 | 04/14/1980 | |
| 248 W 48th St, New York | 11,218 | ||
| 219 W 48th St, New York | 7,200 | 12/27/2012 | $115,057,065 |
| 257 W 47th St, New York | 20,072 | 01/06/1999 | |
| 261 W 47th St, New York | 20,022 | 10/03/2008 | $21,888,226 |
| 1565 Broadway, New York | 5,159 | 12/31/2012 | |
| 243 W 47th St, New York | 23,600 | ||
| 235 W 48th St, New York | 475,327 | 05/01/2019 | $223,200,000 |
| 271 W 47th St, New York | 463,143 | 11/27/2018 | $290,000,000 |
| 246 W 48th St, New York | 5,753 | 06/20/1996 | |
| 253 W 47th St, New York | 15,587 | 08/27/2007 | |
| 740 7th Ave, New York | 4,080 | 08/12/1983 | |
| 1604 Broadway, New York | 28,202 | 11/01/2005 | |
| 1585 Broadway, New York | 1,346,418 | ||
| 734 7th Ave, New York | 4,830 | 04/09/1984 | |
| 230 W 48th St, New York | 10,568 | 01/08/2010 | $925,000 |
| 220 W 48th St, New York | 30,080 | ||
| 1567 Broadway, New York | 355,940 | ||
| 2 Times Sq, New York | 233,561 | ||
| 268 W 47th St, New York | 22,073 | 10/31/2023 |
