540 West 48 Street
Hell’s Kitchen, Manhattan
Parcel ID (BBL): 1010760051
Owner: Maheshchand Ratanji
Acquired: January 07, 2026, $49.6 million
Debt: January 07, 2026, $30 million
Built: 2010
SF: 61,700
Dwelling units: 0
No. of buildings: 1
Class: Transient Occupancy-Midtown Mn Area (H3)
Floors: 11
Transactions:
• Maheshchand Ratanji borrowed $30 million from Webster Bank for 538 West 48th Street, Hell’s Kitchen, Manhattan on January 07, 2026.
• Andrew Roufail sold 538 West 48th Street, Hell’s Kitchen, Manhattan for $49.6 million to Maheshchand Ratanji on January 07, 2026.
• M&R Hotel Management borrowed $38.7 million from Israel Discount Bank for 532-540 West 48th Street, Hell’s Kitchen, Manhattan on September 04, 2024.
Development:
• Amit Gandhi filed plans for alteration in Hell’s Kitchen, Manhattan, on September 30, 2024.
• Mordechai Weinstock filed plans for alteration in Hell’s Kitchen, Manhattan, on April 08, 2024.
• Jigs Gandhi filed plans for alteration in Hell’s Kitchen, Manhattan, on December 26, 2023.
• William Miranda filed plans for alteration in Hell’s Kitchen, Manhattan, on May 23, 2018.
• William Miranda filed plans for alteration in Hell’s Kitchen, Manhattan, on May 23, 2018.
Violations:
According to city public data, the properties have received $2,400 in ECB penalties and $4,350 in OATH penalties in the last year.