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241 W 51st St

Theater District, New York, NY
Floors
9
Year Constructed
1912

About 241 W 51st St

Manhattan's Midtown neighborhood is home to this pre-war building. Completed in 1912, the structure is set at 241 West 51st Street and rises 9 stories above the New York street. Though the property is mostly residential in nature, rentable office space is found within, as well.

Right off the hustling and bustling street line, this structure features several commercial units that are suitable for a number of business types. Signage space is available above each of the storefront, and in the center of the structure, there are double doors for upper-floor tenant use.

Through the double doors of 241 West 51st Street there is a beautiful lobby that features an elevator to take guests to the appropriate floor. On the upper floors, there are approximately 80 total apartments, each of which feature operable windows that provide lovely views over the surrounding neighborhood.

The Gershwin Theater is located right across the street from this historic structure, and there are many restaurants, shops and conveniences within easy walking distance. Street parking is found in front of the building, though public transit options are also nearby.

The first two stories of 241 West 51st Street are covered in long strips of stone, with vertical details above the second-floor windows. Above, the rest of the building is covered in brick, less the stone details on each floor.

Internet Providers for 241 W 51st St

Provider Technology Max Download Speed Max Upload Speed
Verizon New York Fiber
1 Gb/s
25 Mb/s
Time Warner Cable Cable
100 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s

The Neighborhood: Theater District

On average, listings lease in the $60's per square foot per year. The Theater District region is going through a decrease in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 13% decrease in rent.

Compared to the rest of the New York City market, the Theater District region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Median Rate Median Size
Theater District $63
/sqft/yr
4,000
sqft
Median Rate Median Size
New York City $66
/sqft/yr
3,300
sqft

Median Rate over Time in Theater District