--- title: "545 West 48th Street #404S, New York City, NY 10036" description: "545 West 48th Street #404S, New York City, NY 10036 — Hell's Kitchen, New York City, NY. Listing Price $989,000. 1 bed, 1 bath, 779 sqft Illustrative Buyer Commission Share of $14,835 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10036/545-west-48th-street-404s-ny-10036" source: "Real Estate Rebate Team" dateModified: "2026-09-23T19:40:04.650Z" status: "Active" --- # 545 West 48th Street #404S, New York City, NY 10036 Hell's Kitchen, New York City, NY Courtesy of Serhant Last updated: September 23, 2026, 3:40 PM ## At a Glance - **Listing Price**: $989,000 - **Beds**: 1 - **Baths**: 1 - **Sqft**: 779 - **Common Charges**: $1,120 / mo - **Price per Sqft**: $1,270 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $989,000 - **Illustrative Buyer Commission Share**: -$14,835* - **Illustrative Net Cost**: $974,165 *Illustrative Buyer Savings of $14,835 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (8) ![545 West 48th Street #404S, New York City, NY 10036 — photo 1 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b4ca5ee6-c37c-4a4d-a24c-791867810515.jpg) ![545 West 48th Street #404S, New York City, NY 10036 — photo 2 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/12111ac1-318c-4e13-95c7-82c3b7904feb.jpg) ![545 West 48th Street #404S, New York City, NY 10036 — photo 3 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/24b18af7-3242-483a-9c6c-8046662d7761.jpg) ![545 West 48th Street #404S, New York City, NY 10036 — photo 4 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/66aa583e-1d3c-44a4-8c84-11e303824527.jpg) ![545 West 48th Street #404S, New York City, NY 10036 — photo 5 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6a7cd79b-3bcc-4f37-a666-5342e07f2b23.jpg) ![545 West 48th Street #404S, New York City, NY 10036 — photo 6 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a7c52542-d7df-449a-a899-d97edc51a736.jpg) ![545 West 48th Street #404S, New York City, NY 10036 — photo 7 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/54c5f36e-8a80-4d29-b746-b0bbf5c0d3d9.jpg) ![545 West 48th Street #404S, New York City, NY 10036 — photo 8 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7abd9aa1-d0bc-4f7f-92db-2dde25fe634c.jpg) ## Property Overview Sunlit and spacious one bedroom at 545 West 48th Street in the heart of Midtown West. Residence 404S features an open layout with excellent flow and floor to ceiling windows that fill the home with natural light. The kitchen is outfitted with fully integrated stainless steel appliances, quartz countertops, and under cabinet lighting, opening seamlessly into the living space. The bedroom offers a generous layout with room for a king size bed and additional furnishings. The bathroom, accessible through two separate entry points, has a double sink vanity, and a glass shower. The unit also includes central a/c and in unit washer / dryer. Storage unit and bike storage included in sale. 545 West is a dual tower condominium offering an impressive collection of amenities, including a 24 hour doorman, state of the art fitness center, landscaped courtyard with fire pit, rooftop terrace, residents' lounge, pet spa, storage, and private courtyard. Ideally located in vibrant Hell's Kitchen, the building is moments from the Theater District, Broadway theaters, Hudson River Park, Columbus Circle, and the Midtown Business District. With convenient access to the C, E, and 1 trains, residents are perfectly positioned to enjoy the best of Manhattan. ## Property Details - **Property Type**: Condominium - **Beds**: 1 - **Baths**: 1 - **Rooms**: 3 - **Sqft**: 779 sqft - **Stories**: 7 - **Year Built**: 2015 - **Price per Sqft**: $1,270 - **Common Charges**: $1,120 / Monthly - **Listed On**: Sep 11, 2026 - **Days on Market**: 22 Days ### Residence Features - Washer Hookup - In Unit - Building Roof Deck - Storage - Dishwasher - City - River ## Estimated Monthly Payment **$6,121 / month**, assuming a 20% down payment ($197,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $5,001 - **Common Charges**: $1,120 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### How this price compares - **This home**: $989,000 - **Median sold price**: $989,000 - **Difference**: $0 - **This home, $/ft²**: $1,270 - **Median $/ft²**: $1,414 - **Comparable sales**: 143 - **Sales from**: October 2024 – August 2026 - **Middle half of those sales**: $866,250 – $1,160,000 Based on condo one-bedroom sales in Hell's Kitchen. This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Hell's Kitchen instead. ### How these sales were negotiated - **Sale-to-list price**: 95.8% (123 sales) - **Sold below asking**: 85% (123 sales) - **Typical time to find a buyer**: 78 days (120 sales) - **Typical time to close**: 57 days (123 sales) Based on condo one-bedroom sales in Hell's Kitchen with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. ### Price trend Median sale price, condo and house one-bedroom sales in Hell's Kitchen | Year | Median sold price | Sales | | --- | --- | --- | | 2016 | $1,150,000 | 25 | | 2017 | $1,105,000 | 125 | | 2018 | $1,074,800 | 87 | | 2019 | $1,040,654 | 69 | | 2020 | $889,500 | 48 | | 2021 | $950,000 | 113 | | 2022 | $1,027,500 | 104 | | 2023 | $1,050,000 | 67 | | 2024 | $999,000 | 75 | | 2025 | $992,500 | 82 | | 2026 YTD | $980,000 | 41 | Based on recorded condo and house one-bedroom sales in Hell's Kitchen. 2026 is year-to-date. Sales data through August 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 545 West 48TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/545-west-48th-street) ## Property Tax History Taxes at 545 West 48th Street #404S were $15,524 in 2026, down 0.1% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $162,688 | $55,956 | $106,732 | $151,725 | $15,524 | 12.5% (estimated) | | 2025 (FY 2025/26) | $166,506 | $55,956 | $110,550 | $151,954 | $15,547 | 12.5% (estimated) | | 2024 (FY 2024/25) | $156,616 | $55,956 | $100,660 | $150,695 | $12,005 | 12.5% | | 2023 (FY 2023/24) | $152,263 | $55,956 | $96,307 | $149,848 | $11,943 | 12.502% | | 2022 (FY 2022/23) | $146,112 | $55,956 | $90,156 | $146,112 | $8,203 | 12.267% | | 2021 (FY 2021/22) | $146,112 | $55,956 | $90,156 | $145,643 | $8,159 | 12.235% | | 2020 | The City did not publish assessment data for this year. | — | — | — | — | — | | 2019 | The City did not publish assessment data for this year. | — | — | — | — | — | | 2018 (FY 2018/19) | $165,005 | $55,956 | $109,049 | $134,388 | $5,932 | 12.612% | | 2017 (FY 2017/18) | $145,853 | $55,956 | $89,897 | $121,236 | $4,633 | 12.719% | | 2016 (FY 2016/17) | $133,702 | $55,956 | $77,746 | $110,099 | $3,579 | 12.892% | | 2015 (FY 2015/16) | $77,607 | $55,957 | $21,650 | $45,293 | $1,810 | 12.883% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 1010771089. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 545 West 48th Street 545 West 48th Street, New York, NY 10036 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 2015 - **Active Units**: 1 - **Floors**: 7 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/545-west-48th-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [404S](https://realestaterebatesnewyork.com/buy/newyorkcity/manhattan/10036/545-west-48th-street-404s-ny-10036) | 1 | 1 | 779 sqft | $1,270 | $989,000 | Serhant | Sep 11, 2026 | 22 days | ## Hell's Kitchen Restaurant Row & Nightlife [Explore Hell's Kitchen](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hell-s-kitchen) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Hell's Kitchen - [Theater District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/theater-district) - [Midtown real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/midtown) - [Chelsea real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/chelsea) - [Murray Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/murray-hill) - [Flatiron District real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/flatiron-district) - [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay) ## Related Links - [545 West 48TH Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/manhattan/545-west-48th-street) - [Hell's Kitchen neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/hell-s-kitchen) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.