New York  »  Manhattan  »  10019  »  Hell's Kitchen

524 West 50th Street, New York, NY 10019

Hell's Kitchen, Midtown Manhattan, Manhattan
Building in Hell's Kitchen
5 Stories
15 Units
Built in 1950
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Welcome to 524 West 50th Street, a building located in Hell's Kitchen, Midtown Manhattan, Manhattan in New York, NY. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1950. Though it was most recently altered (aka renovated) in 1996. From what we gather, there are a total 15 residential units. The market value for the land that the building sits on has been listed at $750,000. In addition, improvements upon the building have an added value of $1,074,000. In total, the total market value of the property as a whole is $1,824,000. According to local assessors, the total value of the building is currently valued at $640,800. Specifically, the value of the land that the property sits on has been assessed at $337,500. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Amenities
Laundry In Building
Facts
General
Year Built
1950
Effective Year Built
1996
First Altered Year
1996
Recent Altered Year
1996
Building Count
1
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
unknown
Building Style
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
5
Total Unit Count
16
Living Units
16
Residential Unit Count
15
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Residential Building Floor Area
9,825
Commercial Building Floor Area
400
Office Building Floor Area
400
Floor Area Ratios
Building Area Source
2
Building
Building Type
unknown
Property Class
Commercial
Lot Type
5
Land Acres
0.058
Land Use
04
Standard Land Use Code
Retail/residential (mixed use)
County Land Use Code
unknown
Irregular Lot Code
N
Proximity Code
3
Extension Code
N
Sanborn Map Number
105N052
Ownership
Current Owner's Name
DOUBLE B RLTY ASSOCS
Neighborhood
Census Block
1006
Community District
104
City Council District
3
Police Precinct
18
Fire Company
E054
Health Area
4500
Sanitation District Borough
1
Sanitation Subsection
3B
School District
02
School District Name
New York City Department Of Education
School Tax School District
MANHATTAN
Census Tract
012902
Census Block Code
1006
Census Group
1
Census Year
2018
Census - Combined Statistical Area - Area Code
408
Census - Combined Statistical Area - Area Name
New York-Newark, NY-NJ-CT-PA
Census - County FIPS
36061
Census - Full FIPS
360610129001006
Census - Metropolitan Division - Area Code
35614
Census - Metropolitan Division - Area Name
New York-Jersey City-White Plains, NY-NJ
Census - Metro Micro Statistical Area - Area Code
35620
Census - Metro Micro Statistical Area - Area Name
New York-Newark-Jersey City, NY-NJ-PA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
3651000
Census Source
US Census Bureau
Census State FIPS
36
Census Tract 2010
0129
Census Tract Code
012900
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
3620580
School District - Unified - Name
New York City Department Of Education
Zoning
Split Boundary Zone Indicator
N
Zoning
R8
Special Purpose District 1
CL
Zoning Map Number
8c
Geography
Account Number
1-01078-0047
District
04
Section
405
Parcel
01078-0047
Borough Name
MN
Borough Code
1
Block
1078
Lot
47
Lot Code
unknown
Borough Block Lot
1010780047
Latitude
40.765
Longitude
-73.9932
FIPS
36061
Mailing Carrier Code
C041
Mailing Street Direction
W
Mailing Full Street Address
530 W 50TH ST
Mailing House Number
530
Mailing Street Mode
ST
Mailing Street
50TH
Mailing 4-Digit Zip Code
7033
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
X Coordinates
986125
Y Coordinates
218002
Valuation
Timestamp
2024-02-08 19:35:29
UCID Flag
C
Pluto Map ID
1
More About The Building
In total, the building area is listed as 10,225 square feet. To break it down, the depth of the building was measured at 98 square feet and the front is listed as 25 square feet. In comparison, the lot area is listed as 2,510 square feet. The depth of the property lot was measured at 100 square feet and the front at 25 square feet. The building itself has 10,225 square footage of total floor area. Out of that, 9,825 square footage of floor area is residential. The rest of the space could be utilized as commercial, garage, factory, or alternative use space. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 524 West 50th Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Hell's Kitchen area have a median price of $4,495. Those in the 25th percentile, have a price around $3,600. While those in the 75th percentile, have a price around $5,784. Typically, the buildings in this area have a median sqft of 700. That means that the median price per sqft is around $7. In other words, the price per sqft for buildings in the 25th percentile is $6. While the price per sqft for buildings in the 75th percentile is $7. As a breakdown, we've included the following stats:

  • There are currently a total of 161 studio listings. The median price for these types of listings is $3,500. That's $7.03 price per sqft.

  • There are currently a total of 399 one bedroom listings. The median price for these types of listings is $4,254. That's $6.72 price per sqft.

  • There are currently a total of 341 two bedroom listings. The median price for these types of listings is $5,875. That's $6.30 price per sqft.

  • There are currently a total of 75 three bedroom listings. The median price for these types of listings is $4,750. That's $8.58 price per sqft.

  • There are currently a total of 47 four bedroom listings. The median price for these types of listings is $7,350. That's $5.68 price per sqft.
About The Area
524 West 50th Street is located in New York County, New York. There are 1,634,989 people living here. There are 753,385 households. Most of these households have an average family size of 3.09 people. According to the census, 77% are currently renting while 23% own their homes. The median age of this population is around 36.7 years old. On average, most folks in the county are unmarried. About 40% of folks speak a language other than English in this area. The area's employment rate is currently around 62.9%. Speaking of employment, the median income is $75,513. Most folks will commute by public transportation for around 31.4 minutes. Finally, we know that 13% of residents in the area have graduated with their high school degree. Additionally, 32% and 29% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. New York - Newark, NY - NJ - CT Urban Area has a population of 18,812,161 people. Based on census records, there are 6,707,347 registered households. Families in this area are on average made up of 3.42 people per household. Most folks are unmarried. They are also typically around 37.8 years old. Does diversity matter to you? Right now, 40% of folks speak a language other than English here. About 50% rent while 50% purchased their homes. Right now, the community is made up of 25% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 16% have a Master's degree. The employment rate is currently around 59.7%. Those employed, have a median income of $68,319.

$3,500
Studio Median Rent
$4,254
1BR Median Rent
$5,875
2BR Median Rent
$4,750
3BR Median Rent
PUBLIC TRANSIT
A
C
E
50 St (0.42 mi - 10 min walk)
MTA New York City Transit
1
2
50 St (0.54 mi - 13 min walk)
MTA New York City Transit
Peter Pan
Port Authority Bus Terminal, New York, NY (0.56 mi - 13 min walk)
Peter Pan Bus Lines
A
C
E
42 St-Port Authority Bus Terminal (0.57 mi - 14 min walk)
MTA New York City Transit
278
4009
289
288
298
269
291
279
229
290
4010
NEW YORK, NY (0.58 mi - 14 min walk)
Adirondack Trailways

Nearby Schools

(within attendance boundary)
PS 111 ADOLPH S OCHS  •  0.21 mi
440 W 53rd St, New York, NY 10019
Public  •  Elementary  •  Grades PK to 5
New York City Geographic District # 2
CITY KNOLL MIDDLE SCHOOL  •  0.86 mi
425 W 33rd St, New York, NY 10001
Public  •  Middle School  •  Grades 6 to 8
New York City Geographic District # 2
328 W 48th St, New York, NY 10036
Public  •  High School  •  Grades 6 to 12
New York City Geographic District # 2
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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