240 West 54 Street

Midtown West, Manhattan

Parcel ID (BBL): 1010250051

Acris records

Owner: Hiwin Group Usa

Acquired: May 28, 2024, $21 million

Debt: January 04, 2023, $8.5 million

Built: 1917

Renovated: 2006

SF: 28,325

Dwelling units: 0

No. of buildings: 1

Class: Stores, Apartments Above (K4)

Floors: 5

Transactions:

• Company sold 240 West 54th Street and 236 West 54th Street, Midtown West, Manhattan for $0 to company on November 14, 2024.

Gerald Shallo sold 238-240 West 54th Street, Midtown West, Manhattan for $21 million to Hiwin Group USA on May 28, 2024.

• Company sold 240 West 54th Street, Midtown West, Manhattan for $0 to company on January 13, 2023.

Gerald J. Shallo borrowed $8.5 million from Castellan Capital for 240 West 54th Street, Midtown West, Manhattan on January 04, 2023.

Development:

• Harry Song filed plans for Full Demolition for 28,325 sqft in Midtown West, Manhattan, on March 10, 2025.

• Harry Song filed plans for alteration in Midtown West, Manhattan, on February 12, 2025.

James Shallo filed plans for alteration in Midtown West, Manhattan, on November 12, 2008.

Gerald Shallo filed plans for A3 in Midtown West, Manhattan, on April 29, 2015.

James Shallo filed plans for alteration in Midtown West, Manhattan, on August 07, 2008.

Violations:

According to city public data, the properties have received $100 in OATH penalties in the last year.

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