371 W 46th St, New York, NY, 10036
About This Home
Free Market: 371 West 46th Street is a prime mixed-use investment opportunity in the heart of Midtown Manhattan, just steps from Times Square. The property features three free-market residential units, all fully renovated and leased on annual terms, plus one retail tenant. An established restaurant currently paying under-market rent, offering strong upside potential. With its renovated apartments, excellent location, and income growth opportunity, this asset presents a rare chance to own a well-positioned property in one of New York City’s most dynamic neighborhoods.
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
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Interior Area
- Total structure area: 4,194
- Total interior livable area: 4,194 sqft
Property
Details
- Parcel number: 010370102
- 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 | $23,765 | $285,180 |
| Home Insurance * | $779 | $9,348 |
| Property Taxes | $2,780 | $33,360 |
| Electricity | $693 | $8,317 |
| Total | $28,017 | $336,204 |
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 |
|---|---|---|
| 2026-03-16 | Price change | $4,700,000 |
| 2025-10-20 | Price change | $4,999,999 |
| 2025-10-01 | Listed for sale | $5,800,000 |
| 2013-06-06 | Sold | $3,500,000 |
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