365 West 48 Street
Hell’s Kitchen, Manhattan
Parcel ID (BBL): 1010390007
Owner: Kings Capital
Acquired: July 02, 2024, $12.5 million
Debt: December 29, 2025, $21.5 million
Built: 1925
Renovated: 1989
SF: 35,840
Dwelling units: 39
No. of buildings: 1
Class: Fireproof (Standard Construction Without Stores) (D3)
Floors: 7
HPD Ownership Registration Information
Last registered: 2025-12-10 (expires 2026-09-01)
Josh Augenbaum
Head Officer
539 Eastern Parkway 3rd Fl Brooklyn, NY, 11216
359 West 48Th Llc
Corporate Owner
539 Eastern Parkway 3rd Fl Brooklyn, NY, 11216
Josh Augenbaum
Agent
539 Eastern Parkway 3rd Fl Brooklyn, NY, 11216
Jacob Berkowitz
Site Manager
Transactions:
• Kings Capital borrowed $21.5 million from Derby Copeland Capital for 359 West 48th Street, Hell’s Kitchen, Manhattan on December 29, 2025.
• Kings Capital borrowed $16 million from Derby Copeland Capital for 359 West 48th Street, Hell’s Kitchen, Manhattan on July 02, 2024.
• Bank of China sold 357-365 West 48th Street, Hell’s Kitchen, Manhattan for $12.5 million to Kings Capital on July 02, 2024.
Development:
• Usman Bhutta filed plans for alteration in Hell’s Kitchen, Manhattan, on July 31, 2025.
• Usman Bhutta filed plans for alteration in Hell’s Kitchen, Manhattan, on May 17, 2025.
• Thomas Giannopoulos filed plans for alteration in Hell’s Kitchen, Manhattan, on December 27, 2024.
• Thomas Giannopoulos filed plans for alteration in Hell’s Kitchen, Manhattan, on November 24, 2024.
• Thomas Giannopoulos filed plans for alteration in Hell’s Kitchen, Manhattan, on August 21, 2024.
Violations:
According to city public data, the properties have received one DOB violation, $12,500 in ECB penalties, and $28,010 in OATH penalties in the last year.