365 West 48 Street

Hell’s Kitchen, Manhattan

Parcel ID (BBL): 1010390007

Acris records

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

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.

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