367 W 48th St, New York, NY, 10036
About This Home
We are pleased to offer the sale of 367 West 48th Street. This well-maintained building features seven (7) free-market apartments and is fully leased, with long-term management in place. The property presents multiple value-add opportunities, including potential for an owner-occupant with live-in income, as well as rental upside across the existing units. Conveniently located near major transportation, retail, and neighborhood amenities, this is a strong investment opportunity with flexible use potential. For more information or to view the offering memorandum, please reach out.
Getting Around
Walker's Paradise
Rider's Paradise
Biker's ParadiseSchools
Construction
Condition
- Year built: 1920
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dishwasher
Bedrooms & Bathrooms
- Bedrooms: 12
- Bathrooms: 12
- Full bathrooms: 12
Interior Area
- Total structure area: 5,700
- Total interior livable area: 5,700 sqft
Property
Details
- Special condition: Resale
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
- Inland Flooding
- Cold Wave
- Hurricane
- 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 | $17,692 | $212,304 |
| Home Insurance * | $580 | $6,960 |
| Property Taxes | $2,070 | $24,840 |
| Electricity | $941 | $11,303 |
| Total | $21,283 | $255,396 |
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 |
|---|---|---|
| 2026-04-15 | Price change | $3,999,000 |
| 2026-03-20 | Listed for sale | $4,500,000 |
| 2022-06-25 | Listing removed | -- |
| 2022-06-22 | Listed for rent | $3,600 |
| 2019-07-27 | Listing removed | $3,350 |
| 2019-06-17 | Price change | $3,350 |
| 2019-06-02 | Listed for rent | $3,400 |
| 2018-09-14 | Listing removed | $3,450 |
| 2018-06-30 | Listed for rent | $3,450 |
| 2015-06-17 | Listing removed | $3,300 |
| 2015-03-03 | Listed for rent | $3,300 |
| 2013-07-11 | Listing removed | $3,450 |
| 2013-03-28 | Listed for rent | $3,450 |
View on Zillow