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540 W 49th St

540 W 49th St

540 W 49th St
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

110 Units
7 Stories
2013 Year Built
$791K - $2.6M Value Range

Available Units

For Sale
For Rent

Highlights

  • Concierge
  • P.S. 111 Adolph S. Ochs Rated A-
  • Fitness Center
  • Rooftop Deck
  • River View
  • 2 min walk to Hell's Kitchen Park

A boutique luxury building tucked away from the heart of the Theater District

“540 West is for buyers who want the services of a luxury condo building, but they don’t want to sacrifice quality of life,” says Katie Thurber, leading agent at SERHANT, whose annual sales total more than $500 million. “You don’t share a floor with more than ten people.” The glass and steel frame luxury condominium built in 2015 is smaller, “with more of a boutique feeling and a tight-knit community.” Given its location between 10th and 11th Avenues, which is one hundred percent residential (save for the corporate offices of the American Red Cross and the parking lot at 11th Avenue), the block is rather quaint. Meanwhile, the hustle and bustle of Times Square and the Theater District is just a straight shot down 49th Street across three avenues. Thurber says the whereabouts gives residents “the best of both worlds.”

Open floor plans with bespoke kitchens and Bertazonni appliances

The residences at 540 West feature open floor plans with floor-ceiling windows — most units offer both courtyard and street views — to maximize light and space. The interiors are designed with wide-plank white oak floors, laundry closets with washer/dryer units and custom built-in wardrobes and closets. Bespoke kitchens feature grey lacquered cabinetry, Silverstone quartz countertops, integrated Liebherr refrigerators, Bertazonni cooktops, and ovens. Penthouses also have Bertazonni wine coolers.

The low-rise complex comprises 110 properties in two seven-story buildings — the primary building on 49th Street and a smaller companion structure on 48th Street — across a central courtyard. Residences range from studios to two bedrooms and a few three-bedroom combined units. A 542-square-foot alcove studio on the second floor, with a walled-off shelving unit that creates a cozy nook for a queen-sized bed, sold for $700,000 in June 2024. Similarly, a 782-square-foot street-level one-bedroom with four considerable closets in the primary bedroom sold for $700,000 in June 2024. Meanwhile, a 1,450-square-foot two-bedroom penthouse with a 24’ by 37’ private terrace sold for $2.4 million in September 2023. Additionally, a not-quite-as-grand three-bedroom on the fourth floor, converted from a two-bedroom and studio, sold for $3.1 million in June 2019.

A full-service building with deeded storage and a sizable rooftop terrace

540 West is a full-service luxury condominium with a round-the-clock door attendant, lobby concierge and live-in resident manager. According to Thurber, the building’s enormous outdoor spaces are the top amenity. “The roof deck is humongous. Almost everyone can be up there at the same time. There is also a beautiful garden on the second floor.” Residents can find a petite gym with the latest cardio machines and essential weight training equipment on the lower level. A bike parking room is on the same subterranean floor. Additionally, larger units come with deeded storage, while smaller units can rent a private repository.

Pleasantly unexpected Hell’s Kitchen neighborhood spots, including the Empire State Trail

Those in Midtown this far west — in this case, just three avenues from the Hudson River Greenway — have the luxury of living near Hudson River Park and the Empire State Trail (which runs from Manhattan to North Canada). Charming cultural institutions are just a short walk from 540 West, including the Museum of Modern Art, The Shed, The Vessel and Classic Car Club Manhattan. Similarly, Hudson Yards is just a three-quarters-of-a-mile walk down 10th Avenue, which provides access to luxury shops, chain lunch spots and specialty spots like the Spanish food market, Mercado Little Spain. While the gym in the building is, as they say, “state of the art,” the neighborhood encompasses some of New York’s most exclusive and luxurious gyms in the world, including Life Time Fitness and Equinox’s destination club and hotel in Hudson Yards. For groceries, residents can shop at nearby markets, including Food Emporium, Target and Brooklyn Fare.

Train lines in every direction at nearby subway stations, including Times Sq-42 St

Endless train options exist because of the proximity to Times Square and Port Authority. The A, C and E trains are accessible at 42 St-Port Authority Bus Terminal. From Times Sq-42 St, the N, Q, R, S, W, 1, 2, 3 and 7 trains can transport residents to almost anywhere in New York City. If those were enough options, there’s also 42 St- Byrant Park, which services the B, D, F and M trains. Additionally, about a mile south of Pier 79, the NY Ferry provides access to Battery Park City and St George in Staten Island.

Available Condos

Building Details

Views

  • River
  • City

Recreation

  • Fitness Center
  • Community Pool

Outdoor Features

  • Courtyard

Amenities

  • Concierge
  • Doorman
  • Rooftop Deck
  • Lounge
  • Laundry Facilities
  • Bike Room
  • Community Storage Space

Pet Policy

  • Pets Allowed

Condo Association

  • $964 Monthly HOA Fees
  • Monthly HOA Fees Range from $953 - $2,329

Building Design

  • High-Rise Condominium
  • Elevator

Unit Features

  • Laundry in unit
  • Washer Hookup

Unit Information

Beds
1 Bed
1 Bed
1 Bed
1 Bed
2 Beds
3 Beds
--
3 Beds
Baths
2 Baths
1 Bath
1 Bath
1 Bath
2 Baths
3 Baths
1 Bath
3 Baths
Sq Ft
1,001
803
803
677
1,157
1,664
507
1,664
Price
$1,275,000
$1,100,000
$1,100,000
$985,000
$1,399,000
$2,098,000
$699,000
$2,098,000
Price / Sq Ft
$1,274 / Sq Ft
$1,370 / Sq Ft
$1,370 / Sq Ft
$1,455 / Sq Ft
$1,209 / Sq Ft
$1,261 / Sq Ft
$1,379 / Sq Ft
$1,261 / Sq Ft
List Date
01/22/2025
02/11/2025
02/11/2025
04/03/2025
02/06/2025
02/10/2025
02/06/2025
02/10/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
507 - 547
Est. Values
$791,268 - $2,556,311
1 Bedroom Units
Sq Ft Range
669 - 1,091
Est. Values
$982,185 - $1,301,750
2 Bedroom Units
Sq Ft Range
997 - 2,333
Est. Values
$1,252,122 - $1,769,966
3 Bedroom Units
Sq Ft Range
507 - 1,664
Est. Values
$2,217,651
All Units
Sq Ft Range
507 - 2,333
Est. Values
$791,268 - $2,556,311

Map

Area Factors

Moderate Crime

Crime Score®

6 / 10

Biker's Paradise

Bike Score®

90 / 100

Walker's Paradise

Walk Score®

98 / 100

Rider's Paradise

Transit Score®

100 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

57 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$98K - $332K
Range of Taxes in Building
$7,770 - $28,516
Range of Taxes per Sq Ft
$13.39 - $17.65

Property Tax History

Source: Public Records

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Building Team

Developer
Fortis Property Group LLC
Property Management
Fortis Property Group LLC
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.