New York City » 10036 » W 45th St » 40 W 45th St

Webster Apt. Hotel - 40 West 45th Street, New York, NY 10036 - Property report

Also known as: 38-40 W 45th St

Property image for Webster Apt. Hotel - 40 West 45th Street, New York, NY 10036

Property type

Full Service Hotel (H2)

Year built

1903

Lot sq. ft.

6,025

Sale price

$64,030,500

General information

Address

Building name

Webster Apt. Hotel

Primary address

Webster Apt. Hotel - 40 West 45th Street

Alternate address(es)

38-40 W 45th St
38-42 W 45th St

ZIP code

10036

Neighborhood

Central Midtown

Borough

Manhattan

Block & lot

01260-0056

Building

Property type

Full Service Hotel (H2)

Building sq. ft.

58,935

Building dimensions

60 ft x 90 ft

Buildings on lot

Stories

Year built

1903

Last altered

1993

Sales

Sale date

08/02/2019

Sale price

$64,030,500

Tax

Tax year

2026-2027

Property tax

$1,066,015

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Commercial units

Lot

Lot dimensions

60 ft x 100.42 ft

Lot sq. ft.

6,025

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

93 /100. Biker's Paradise

School district

Community district

Closest police station

0.53 Miles

Closest fire station

0.05 Miles

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

Ownership

Ownership information for Webster Apt. Hotel - 40 West 45th 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 Webster Apt. Hotel - 40 West 45th Street, New York, NY 10036

Sale date	Sale price	Buyer name	Seller name
08/02/2019	$64,030,500	XXXXXXX XXXXX XXXXX XXX	XXXX XXXXXXX XXX
08/25/2016	$58,700,000	XXXX XXXXXXX XXX	XXX XXXXX XX, XXX
10/28/2005	$63,720,000	XXX XXXXX XX, XXX	XXXXXXX XXXXX XXXXXXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
04/15/2025 - R	Initial UCC1 (2025040701113005)	XXXXXXX XXXXX XXXXX XXX	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
04/15/2025 - R	UCC3 Termination (2025040701113001)	XXXXXXX XXXXX XXXXX XXX	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
04/15/2025 - R 03/28/2025 - D	Assignment of Leases and Rents (2025040701113004)	XXXXXXX XXXXX XXXXX XXX	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
04/15/2025 - R 03/28/2025 - D	Agreement (2025040701113003)	XXXXXXX XXXXX XXXXX XXX	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
04/15/2025 - R 03/28/2025 - D	Termination of Assign of L&R (2025040701113002)	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX	XXXXXXX XXXXX XXXXX XXX
11/14/2024 - R 10/30/2024 - D	Agreement (2024110500321001)	XXXXXXX XXXXX XXXXX XXX	XX XXXX
08/06/2024 - R	UCC3 Continuation (2024080500781001)	XXXXXXX XXXXX XXXXX XXX XX XXXXXXXXXXX XXX XXXX	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
08/09/2019 - R	Initial UCC1 (2019080900427001)	XXXXXXX XXXXX XXXXX XXX	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX
08/08/2019 - R 08/02/2019 - D	Termination of Assign of L&R (2019080700494001)	XXXXXX XXXXXXX XXXXXXXXXXX	XXXX XXXXXXX XXX
08/08/2019 - R 08/02/2019 - D	Assignment of Leases and Rents (2019080601054006)	XXXXXXX XXXXX XXXXX XXX	XXXXXXXXXXXXX XXX XXXXXXX XXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Webster Apt. Hotel - 40 West 45th 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

$1,066,015

Municipal exemptions

Recent tax assessments

Market value

$31,133,000

Assessed value

$14,009,850

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	$21,874,000	$9,843,300	$8,533,980	10.848%	$925,766	$925,766	-2.61%
2024/25	$20,011,000	$9,004,950	$8,833,140	10.762%	$950,623	$950,623	+6.14%
2023/24	$18,791,000	$8,455,950	$8,455,950	10.592%	$895,654	$895,654	+7.58%
2022/23	$17,378,000	$7,820,100	$7,820,100	10.646%	$832,528	$832,528	+2.59%
2021/22	$16,768,000	$7,545,600	$7,545,600	10.755%	$811,529	$811,529	-33.08%
2020/21	$25,198,000	$11,339,100	$11,339,100	10.694%	$1,212,603	$1,212,603	+1.51%
2019/20	$25,194,000	$11,337,300	$11,337,300	10.537%	$1,194,611	$1,194,611	+2.78%
2018/19	$24,566,000	$11,054,700	$11,054,700	10.514%	$1,162,291	$1,162,291	+1.71%
2017/18	$26,830,000	$12,073,500	$10,868,600	10.514%	$1,142,725	$1,142,725	+4.98%
2016/17	$27,242,000	$12,258,900	$10,293,900	10.574%	$1,088,477	$1,088,477	+4.55%

Permits

Permit information for Webster Apt. Hotel - 40 West 45th Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
05/06/2026	Alteration
12/18/2025	Alteration
10/29/2024	Alteration
10/29/2024	Alteration
10/29/2024	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
	12/01/2021	Egrade-failure to post energy grade/score
	10/17/2019	Aeuhaz1-fail to certify class 1
	10/19/2017	E-elevator

*Most recent DOB violations on record for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

6th Ave & 47th St at SE Corner

Station lines

B-D-F-M

Distance (miles)

0.131

View subway map

Access the detailed traffic volume map for Webster Apt. Hotel - 40 West 45th 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 Webster Apt. Hotel - 40 West 45th Street, New York, NY

21 W 45th St, New York 56 W 45th St, New York 35 W 45th St, New York 27 W 44th St, New York 37 W 44th St, New York 8 W 45th St, New York 45 W 44th St, New York 60 W 45th St, New York 1156 6th Ave, New York 49 W 45th St, New York 23 W 45th St, New York 45 W 45th St, New York 25 W 45th St, New York 19 W 44th St, New York 62 W 45th St, New York 2 W 45th St, New York 15 W 44th St, New York

Nearby ZIP codes for Webster Apt. Hotel - 40 West 45th 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 Webster Apt. Hotel - 40 West 45th Street, New York, NY 10036?

The development at Webster Apt. Hotel - 40 West 45th Street, New York, NY 10036 was built in 1903.

What is the market value of Webster Apt. Hotel - 40 West 45th Street, New York, NY 10036?

The current market value of Webster Apt. Hotel - 40 West 45th Street, New York, NY 10036 is $31,133,000.

What is the total square footage of Webster Apt. Hotel - 40 West 45th Street, New York, NY 10036?

Webster Apt. Hotel - 40 West 45th Street, New York, NY 10036 has a total of 58,935 square feet.

What is the price per square foot for this property?

$1,086 per square foot is the price for Webster Apt. Hotel - 40 West 45th Street, New York, NY 10036.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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.