New York City » 10036 » W 48th St » 425 W 48th St

Terrific Tenements - 425 West 48th Street, New York, NY 10036 - Property report

Also known as: 421 W 48th St

Property image for Terrific Tenements - 425 West 48th Street, New York, NY 10036

Property type

Old Law Tenement (C4)

Year built

1901

Lot sq. ft.

12,552

Sale price

$22,840,313

General information

Address

Building name

Terrific Tenements

Primary address

Terrific Tenements - 425 West 48th Street

Alternate address(es)

421 W 48th St
423 W 48th St

ZIP code

10036

Neighborhood

Clinton - Hell's Kitchen

Borough

Manhattan

Block & lot

01058-0016

Building

Property type

Old Law Tenement (C4)

Building sq. ft.

35,404

Building dimensions

125 ft x 70 ft

Buildings on lot

Stories

Year built

1901

Last altered

1984

Building material

Masonry

Sales

Sale date

06/29/2010

Sale price

$22,840,313 - M

Tax

Tax year

2026-2027

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Residential units

Residential sq. ft.

Lot

Frontage(s)

West 48 Street (narrow)

Nearest wide street

9 Avenue

Distance to wide street

Lot dimensions

125 ft x 100.42 ft

Lot sq. ft.

12,552

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

95 /100. Biker's Paradise

School district

Community district

Closest police station

0.30 Miles

Closest fire station

0.25 Miles

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

Ownership

Ownership information for Terrific Tenements - 425 West 48th Street, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for Terrific Tenements - 425 West 48th Street, New York, NY 10036

Sale date	Sale price	Buyer name	Seller name
06/29/2010	$22,840,313	XXXXXXX XXXXXXX XXXXXXXXXXXX X X	XXXXXXX XXX XXXXXXX XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
08/27/2026 - R	UCC3 Termination (2026082100315001)	XXXXXXX XXXXXXX XXXXXXXXXXXX X X	X X XXXX XXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX XX
07/08/2026 - R	Initial UCC1 (2026070600219005)	XXXXXXX XXXXXXX XXXXXXXXXXXX X X	XXXXXX XXX
07/08/2026 - R 07/01/2026 - D	Assignment, Mortgage (2026070600219004)	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX	XXXXXX XXX
07/08/2026 - R 07/01/2026 - D	Agreement (2026070600219003)	XXXXXXX XXXXXXX XXXXXXXXXXXX X X	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
07/08/2026 - R 07/01/2026 - D	Mortgage (2026070600219002)	XXXXXXX XXXXXXX XXXXXXXXXXXX X X	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
07/08/2026 - R 05/28/2026 - D	Assignment, Mortgage (2026070600219001)	X X XXXX XXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX XX	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
12/19/2022 - R	UCC3 Assignment (2022121400372002)	XXXXXXX XXXXXXX XXXXXXXXXXXX X X	XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
12/19/2022 - R 12/08/2022 - D	Assignment, Mortgage (2022121400372001)	XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX	X X XXXX XXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX XX
10/13/2022 - R	Initial UCC1 (2022101200921008)	XXXXXXX XXXXXXX XXXXXXXXXXXX X X	XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
10/13/2022 - R	UCC3 Termination (2022101200921003)	XXXXXXX XXXXXXX XXXXXXXXXXXX X X	XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Terrific Tenements - 425 West 48th 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

Municipal exemptions

Recent tax assessments

Market value

$11,404,000

Assessed value

$5,131,800

More about New York City Property Taxes

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	$10,026,000	$4,511,700	$0	12.439%	$552,936	$0	n/a
2024/25	$10,103,000	$4,546,350	$0	12.5%	$560,598	$0	n/a
2023/24	$10,773,000	$4,847,850	$0	12.502%	$578,669	$0	n/a
2022/23	$9,672,000	$4,352,400	$0	12.267%	$533,909	$0	n/a
2021/22	$9,901,000	$4,455,450	$0	12.235%	$544,648	$0	n/a
2020/21	$10,466,000	$4,709,700	$0	12.267%	$548,634	$0	n/a
2019/20	$10,617,000	$4,777,650	$0	12.473%	$540,627	$0	n/a
2018/19	$10,247,000	$4,611,150	$0	12.612%	$533,419	$0	n/a
2017/18	$9,740,000	$4,383,000	$0	12.719%	$496,621	$0	n/a
2016/17	$10,133,000	$4,559,850	$0	12.892%	$460,329	$0	n/a

Permits

Permit information for Terrific Tenements - 425 West 48th Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
12/29/2017	Alteration
08/06/2010	Alteration type 3
08/06/2010	Alteration type 3
07/06/2010	Alteration type 2
06/09/2010	Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	05/16/2026	C
	04/29/2026	B
	02/18/2026	B

*Most recent HPD violations on record for this property.

Neighborhood

Clinton residential market stats

Access a detailed real estate market overview of Clinton so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Clinton and compare it to other neighborhoods in Manhattan.

Median sale price

—

Median price/sq. ft.

—

Manhattan median sale price

$1,260,000

5.4% 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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

8th Ave & 49th St at SW Corner

Station lines

C-E

Distance (miles)

0.231

View subway map

Access the detailed traffic volume map for Terrific Tenements - 425 West 48th Street, New York, NY 10036 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

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 111 Adolph S Ochs	4	Yes	Public	PK, K-5	383	0.22
P.S. 111 Adolph S Ochs	4	Yes	Public	PK, K-5	383	0.22
Success Academy Hell's Kitchen	10	No	Charter	K-4	383	0.06
P.S. 212 Midtown West	7	No	Public	PK, K-5	275	0.17
P.S. 212 Midtown West	7	No	Public	PK, K-5	275	0.17
Sacred Heart Of Jesus School	NR	No	Private	PK, K-8	250	0.18
Sacred Heart Of Jesus School	NR	No	Private	PK, K-8	250	0.18
P.S. 51 Elias Howe	7	No	Public	PK, K-5	412	0.26
P.S. 51 Elias Howe	7	No	Public	PK, K-5	412	0.26
Bilingual Buds Inc DBA Hudsonway Immersion School	NR	No	Private	PK-6	92	0.26

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Professional Performing Arts High School	8	No	Public	6-12	532	0.17
Sacred Heart Of Jesus School	NR	No	Private	PK, K-8	250	0.18
CITY KNOLL MIDDLE SCHOOL	2	No	Public	6-8	157	0.22
P.S. 35	NR	No	Public	K, 2-12	232	0.27
De la Salle Academy	NR	No	Private	6-8	159	0.31
Holy Cross School	NR	No	Private	PK, K-8	188	0.32
The Speyer Legacy School	NR	No	Private	K-8	317	0.53
Professional Children's School	NR	No	Private	6-12	196	0.57
West End Secondary School	7	No	Public	6-12	703	0.68
Riverside School for Makers and Artists (The)	2	No	Public	PK, K-8	437	0.69

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Business Of Sports School	4	No	Public	9-12	447	0.06
Stephen T Mather Bldg Arts-Craftsman	2	No	Public	9-12	373	0.06
Urban Assembly Gateway School For Technology	6	No	Public	9-12	425	0.06
Professional Performing Arts High School	8	No	Public	6-12	532	0.17
Food And Finance High School	3	No	Public	9-12	438	0.21
High School Of Hospitality Management	3	No	Public	9-12	217	0.21
Facing History School	6	No	Public	9-12	309	0.21
Urban Assembly School Of Design And Construction	4	No	Public	9-12	230	0.21
Manhattan Bridges High School	5	No	Public	9-12	451	0.21
Think Global School	NR	No	Private	10-12	44	0.22

Nearby ZIP codes for Terrific Tenements - 425 West 48th Street, New York, NY

10001, New York City, NY 10018, New York City, NY 10019, New York City, NY 10020, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10119, New York City, NY 10165, New York City, NY 10167, New York City, NY 10169, New York City, NY 10170, New York City, NY 10171, New York City, NY 10172, New York City, NY 10173, New York City, NY 10174, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for Terrific Tenements - 425 West 48th Street, New York, NY 10036?

The development at Terrific Tenements - 425 West 48th Street, New York, NY 10036 was built in 1901.

What is the total square footage of Terrific Tenements - 425 West 48th Street, New York, NY 10036?

Terrific Tenements - 425 West 48th Street, New York, NY 10036 has a total of 35,404 square feet.

When was Terrific Tenements - 425 West 48th Street, New York, NY 10036 last sold and what was the sale price?

Terrific Tenements - 425 West 48th Street, New York, NY 10036 was last sold on 06/29/2010 for $22,840,313.

What is the assessed value of Terrific Tenements - 425 West 48th Street, New York, NY 10036?

Terrific Tenements - 425 West 48th Street, New York, NY 10036 is currently assessed at $5,131,800.

How many residential units does this building have?

This building has 39 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.