447 W 47th Street, #447W47Loading

Condo For Sale Manhattan, Hells Kitchen

Web ID # RLS20074602

Listed: 03/03/2026

$6,150,000Loading

13 Beds 10.5 Baths

Mortgage Est: $.../month


Condo For Sale Manhattan, Hells Kitchen

Web ID # RLS20074602

Listed: 03/03/2026


13 Beds 10.5 Baths

Mortgage Est: $.../month

  Listing Courtesy of Corcoran Group

  Raphael Sitruk


Contact Agent

Gea Elika

 212-590-0540

Inquire about 447 W 47th Street, #447W47


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Description

100% Free-Market Multifamily Investment - Please request the financials
An exceptional opportunity to acquire a fully occupied, 10-unit free-market residential building in the heart of Hell's Kitchen. 447 West 47th Street represents a stabilized, income-producing asset with strong in-place cash flow, long-term upside, and institutional-quality fundamentals.
The property spans approximately 7,686 square feet and consists of ten thoughtfully configured residences, including a mix of one-, two-, and three-bedroom layouts. Select units feature private outdoor space, enhancing tenant retention and rental appeal. The building has been consistently maintained and professionally operated, resulting in stable occupancy and reliable performance.
Investment Highlights
100% Occupied
100% Free-Market
10 Residential Units
Stabilized Asset with Strong Rent Roll
Basement Laundry Generating Additional Income
Very Well Maintained with Consistent Upkeep
Located on a Quiet, Tree-Lined Block
The property generates an NOI exceeding 6.25% cap rate at the asking price.
The rent roll reflects diversified unit types with strong rental demand across the building, including premium layouts with terraces and backyard access.
Location & Demand Drivers
Situated in the Clinton District of Hell's Kitchen, the property benefits from:
Immediate proximity to Broadway, Times Square, and Hudson Yards
Access to 9 subway lines within walking distance
Strong neighborhood rental fundamentals
Continuous demand from professionals, medical staff, theater industry employees, and Midtown corporate tenants
Hell's Kitchen continues to experience sustained rental growth supported by major employers, transportation hubs, and the $25B Hudson Yards development nearby.
Why This Is a Non-Brainer Investment.
This is not a value-add gamble. It is a stabilized, cash-flowing Manhattan multifamily asset in a prime location, fully free-market, with documented income, professional management assumptions, and clear pro forma upside.
For investors seeking:
Immediate income
Low operational friction
Long-term Manhattan appreciation
Limited regulatory exposure
447 West 47th Street delivers across all key underwriting metrics.

Highlights

  • Central Air

Building Information

  • Building Type: Brownstone
  • Year Built: 1910

Mortgage Calculator

$
$
%
%
$/month
$/month
/year

Your mortgage payments over years will add up to .
Estimated monthly payment: $.

Recalculate with more details

Purchase Price

Property Type

Mansion Tax
Title Insurance
Attorney Fee
Move-In Deposit
Title Search
Survey Fees
Board Application Fees
Move-In Fee
Title Search
Recording Fees (Deed)
Lien Search
Credit Check

New Construction Costs

NYC Transfer Tax
NY State Transfer Tax
Sponsor's Attorney Fee
Total
Total
Total
Email Me Closing Costs
Export PDF
Export CSV
  View closing costs
$
$
Property Type
Amount Financed
$
$
$
$
$
$
$
Estimated Closing Costs
$
Post-closing liquidity without 401k
months
Post-closing liquidity with 401k
months
  View more details
$
months
%
%

$
$
%
%
$/month
$/month
/year

Your mortgage payments over years will add up to .

Your rent payments over years will add up to .


Closing Costs

Map

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