428 W 44th St, New York, NY, 10036
About This Home
20' wide four-story 6-unit brick building fully deregulated since 2015, can be delivered vacant. Located on what is widely regarded as the best block in Clinton. Set between Actors Studio and New Dramatists, the house is mid block among a row of well maintained brownstone houses, several single family. This entire building was gut renovated in 1968 when new electric, plumbing and structural work was done but much of the original period character and detail was retained. New Weil McLain 355,000 BTU gas fired steam boiler in 2023 and new AO Smith hot water tanks in 2022. All of the apartments were renovated and new appliances installed within the past ten years. Suitable for conversion to a single family. We have plans drawn to combine the Garden and Parlor floors into a 3 Bedroom apartment. The current configuration is: Parlor and Garden apartments are each floor-thru one bedrooms and share a bright south facing landscaped garden. The 3rd and 4th floors each have two studio rental apartments. The building can be delivered entirely VACANT. The building has significant unused FAR which may be used to add a fifth floor and extend the rear. (Check with your architect.) This building is in the Special Clinton Zoning District which is intended to preserve the low rise character of the neighborhood. Within walking distance are Midtown offices, Broadway theatres, Hudson Yards, Manhattan West offices, Hudson River Park, subways A,C,E,7,N, Q,R,1,2,3. Owner/Broker RENT ROLL & EXPENSES: Garden Unit – Floor Through 1 Bedroom plus 800 sq ft garden Rent: $4,695; Market Value: $4,695; Lease Expires: VACANT Parlor Unit – Floor Through 1 Bedroom Rent: $4,860; Market Value: $4,990; Lease Expires: 3/31/26 Unit 2F – Studio Rent: $3,440; Market Value: $3,550; Lease Expires: 4/30/26 Unit 2R – Studio Rent: $3,395; Market Value: $3,350; Lease Expires: 4/30/26 Unit 3F – Studio Rent: $3,425; Market Value: $3,425; Lease Expires: 6/30/26 Unit 3R – Studio Rent: $2995; Market Value: $2995 LXP 4/30/26 Monthly Projected Rents: $23,570 Annual Projected Rents: $282,840 Estimated Expenses (Annual): Real Estate Taxes: $52,644 Water/Sewer: $1,800 Insurance: $12,917 Heat/Electric: $9,400 Super/Cleaning: $6,900 Repair, Replacements:$7,000 Legal, Accounting: $2,000 Cable: $1,200 Other: $3,000 Total: $96,861 Nominal NOI: $185,979 Vacancy: $15,000 Effective NOI: $170,979
Getting Around
Walker's Paradise
Rider's Paradise
Biker's ParadiseSchools
Construction
Condition
- Year built: 1901
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Washer/Dryer
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Features
- Flooring: Hardwood
- Fireplace features: Wood Burning
- Fireplace: Yes
Interior Area
- Total structure area: 4,032
- Total interior livable area: 4,032 sqft
Property
Details
- Special condition: Resale
Features
- Patio & porch: Terrace
- Exterior features: Terrace
- Has view: Yes
- View description: City,Garden,Skyline
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Inland Flooding
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in New York County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $17,950 | $215,400 |
| Home Insurance * | $588 | $7,056 |
| Property Taxes | $2,100 | $25,200 |
| Electricity | $666 | $7,995 |
| Total | $21,304 | $255,648 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-01 | Price change | $5,035 |
| 2026-03-10 | Listed for rent | $4,850 |
| 2026-01-10 | Price change | $3,950,000 |
| 2025-11-28 | Listing removed | $4,595 |
| 2025-11-15 | Price change | $4,595 |
| 2025-10-23 | Price change | $4,050,000 |
| 2025-10-12 | Price change | $4,695 |
| 2025-09-25 | Listed for sale | $4,250,000 |
| 2025-09-16 | Listed for rent | $4,895 |
| 2025-07-05 | Listing removed | $4,850 |
| 2025-07-02 | Listed for rent | $4,850 |
| 2024-09-13 | Listing removed | $4,625 |
| 2024-07-17 | Price change | $4,775 |
| 2024-06-21 | Price change | $4,825 |
| 2024-05-13 | Price change | $4,925 |
| 2024-05-01 | Listed for rent | $4,995 |
| 2021-07-23 | Listing removed | -- |
| 2021-06-28 | Listed for rent | $3,950 |
| 2021-03-24 | Listing removed | -- |
| 2021-03-12 | Listed for rent | $3,950 |
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