New York City  »  10036  »  W 48th St  »  538 W 48th St

538 West 48th Street, New York, NY 10036 - Property report

Also known as: 532-540 W 48th St

Property image for 538 West 48th Street, New York, NY 10036
static Mapbox map

Property type

Limited Service - Many Affiliated with National Chain (H3)

Year built

2010

Lot sq. ft.

10,042

Sale price

$26,500,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
538 West 48th Street
Alternate address(es)
532-540 W 48th St
538-540 W 48th St
ZIP code
10036
Neighborhood
Clinton - Hell's Kitchen
Borough
Manhattan
Block & lot
01076-0051

Owner

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Building
Property type
Limited Service - Many Affiliated with National Chain (H3)
Building sq. ft.
61,700
Buildings on lot
1
Stories
11
Year built
2010
Building material
Sales
Sale date
12/23/2025
Sale price
$26,500,000
Tax
Tax year
2026-2027
Property tax
$1,005,112
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
100 ft x 100.42 ft
Lot sq. ft.
10,042

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
95 /100.  Biker's Paradise
School district
2
Community district
4
Closest police station
0.46 Miles
Closest fire station
0.23 Miles

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

Ownership

Ownership information for 538 West 48th Street, New York, NY

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

Sales history for 538 West 48th Street, New York, NY 10036

Sale date Sale price Buyer name Seller name
12/23/2025 $26,500,000 XXX XXXXX XXX XXXX XX XXXXXXX XXX
09/30/2014 $16,500,000 XXXX XX XXXXXXX XXX XXX XXXX XXXX XXXXXX XXXX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/12/2026 - R Initial UCC1
(2026051200406001)		 XXX XXXXX XXX XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
01/07/2026 - R
12/23/2025 - D		 Assignment of Leases and Rents
(2026010600280004)		 XXX XXXXX XXX XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
01/07/2026 - R
12/23/2025 - D		 Agreement
(2026010600280003)		 XXX XXXXX XXX XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
01/07/2026 - R
12/23/2025 - D		 Assignment, Mortgage
(2026010600280002)		 XXXXXX XXXXXXXX XXXX XX XXX XXXX XXXXXXX XXXX X X
01/07/2026 - R
12/23/2025 - D		 Deed
(2026010600280001)		 XXXX XX XXXXXXX XXX XXX XXXXX XXX
09/04/2024 - R
08/16/2024 - D		 Agreement
(2024090300917001)		 XXXX XX XXXXXXX XXX XXXXXX XXXXXXXX XXXX XX XXX XXXX
03/26/2019 - R UCC3 Termination
(2019032600147004)		 XXXX XX XXXXXXX XXX XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
03/29/2019 - R
03/21/2019 - D		 Termination of Lease or Memo
(2019032800351001)		 XXXX XX XXXXXXX XXX XXXX XX XXXXXXX XXX
03/26/2019 - R
03/21/2019 - D		 Agreement
(2019032600147002)		 XXXX XX XXXXXXX XXX XXXXXX XXXXXXXX XXXX XX XXX XXXX
03/26/2019 - R
02/26/2019 - D		 Termination of Assign of L&R
(2019032600147003)		 XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX XXXX XX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 538 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
Property tax
$1,005,112
Municipal exemptions
Recent tax assessments
Market value
$25,803,000
Assessed value
$11,611,350

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 $22,991,000 $10,345,950 $8,412,140 10.848% $912,549 $912,549 -2.20%
2024/25 $19,901,000 $8,955,450 $8,669,750 10.762% $933,038 $933,038 +11.52%
2023/24 $17,553,000 $7,898,850 $7,898,850 10.592% $836,646 $836,646 +4.57%
2022/23 $16,701,000 $7,515,450 $7,515,450 10.646% $800,095 $800,095 -16.10%
2021/22 $19,705,000 $8,867,250 $8,867,250 10.755% $953,673 $953,673 -24.57%
2020/21 $26,657,000 $11,995,650 $11,823,290 10.694% $1,264,383 $1,264,383 +3.05%
2019/20 $26,024,000 $11,710,800 $11,644,160 10.537% $1,226,945 $1,226,945 +0.82%
2018/19 $27,141,000 $12,213,450 $11,574,790 10.514% $1,216,973 $1,216,973 +7.62%
2017/18 $32,370,000 $14,566,500 $10,754,905 10.514% $1,130,771 $1,130,771 +15.50%
2016/17 $31,192,000 $14,036,400 $9,258,883 10.574% $979,034 $979,034 +18.66%
Permits

Permit information for 538 West 48th Street, New York, NY

Filing date Job type Job status Job description Initial cost
02/23/2026 Alteration
04/03/2025 Alteration
09/30/2024 Alteration
04/09/2024 Alteration
04/08/2024 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
12/01/2023 Egrade-failure to post energy grade/score none
05/02/2023 Bench-failure to benchmark none
02/22/2022 Fispnrf-no report and / OR late filing (facade) facade required

*Most recent DOB violations on record for this property.

Neighborhood

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
5

Subway & traffic

Closest station
8th Ave & 49th St at SW Corner
Station lines
C-E
Distance (miles)
0.43
View subway map

Access the detailed traffic volume map for 538 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

Neighbors for 538 West 48th Street, New York, NY

548 W 48th St, New York 529 W 48th St, New York 527 W 48th St, New York 699 10th Ave, New York 695 10th Ave, New York 691 10th Ave, New York 552 W 48th St, New York 523 W 48th St, New York 689 10th Ave, New York 678 11th Ave, New York 703 10th Ave, New York 693 10th Ave, New York 544 W 48th St, New York 531 W 48th St, New York 554 W 48th St, New York 504 W 48th St, New York 701 10th Ave, New York 697 10th Ave, New York 535 W 48th St, New York 514 W 48th St, New York

Nearby ZIP codes for 538 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 538 West 48th Street, New York, NY 10036?

The development at 538 West 48th Street, New York, NY 10036 was built in 2010.

What is the market value of 538 West 48th Street, New York, NY 10036?

The current market value of 538 West 48th Street, New York, NY 10036 is $25,803,000.

What is the total square footage of 538 West 48th Street, New York, NY 10036?

538 West 48th Street, New York, NY 10036 has a total of 61,700 square feet.

What is the price per square foot for this property?

$429 per square foot is the price for 538 West 48th Street, New York, NY 10036.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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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.

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